NOT LISTED FOR SALE

1509 Martin St Unit 3 Madison, WI 53713

Estimated Value: $154,080 - $219,000

2 Beds
1 Bath
889 Sq Ft
$230/mo HOA Fee

Last Sold May 15, 2024

Last sale price $200,000 $225 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,653/month

2 Days on Market

Highlights

  • Wood Flooring
  • Bathtub
  • Breakfast Bar
  • West High School Rated A
  • Intercom
  • Patio

About This Home

As of May 2024

Experience affordable living in this charming 2-bedroom garden-style condo on Madison's West side. This inviting main-floor unit boasts a sunlit living room with new patio doors (2022) opening to a serene outdoor patio overlooking lush greenery & wooded surroundings. Enjoy meals in the cozy dinette adjacent to the galley kitchen with new stove(2022) & new fridge (2021) featuring a convenient breakfast bar. Both bedrooms offer generous closet space & scenic views of the verdant landscape. Laundry facilities are conveniently located downstairs, & a private storage locker #16. Your assigned parking space #1509-3. Included in the condo fee are heat and hot water. Benefit from the prime location, offering easy access to downtown and both the east & west sides of Madison. Updated flooring 2023!

Last Agent to Sell the Property

Nate Lancaster

EXP Realty, LLC License #53756-90 Listed on: 04/16/2024

EXP Realty, LLC

Last Buyer's Agent

Anna Trull

Stark Company, REALTORS License #53579-90

Stark Company, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,678

Year Built

  • Built in 1973

Lot Details

  • 1.25

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 889 Sq Ft Home
  • Storage Room
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Schools

  • Midvale/Lincoln Elementary School
  • Cherokee Heights Middle School
  • Call School District High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-341-1323-7

Community Details

Overview

  • Association fees include parking, heat, hot water, trash removal, snow removal, common area maintenance, common area insurance
  • 8 Units
  • Located in the Parkside Garden master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,678

Year Built

Built in 1973

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: Range, Refrigerator, Dishwasher, All Window Treatments, 2 Wall A/C
  • Fee Includes: Parking, Heat, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance
  • Project Name: Parkside Garden
  • Year Built: 1973
  • Above Grade Price Per Sq Ft: 168.62
  • Above Grade Sold Price Per Sq Ft: 224.97
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 889
  • Finished Above Grade Sq Ft: 889
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 15x10, On Level: M
  • Bedroom 2: Dimensions: 12x9, On Level: M
  • Kitchen: Dimensions: 8x7, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher
  • Living Room: Dimensions: 19x12, On Level: M
  • Dining Room: Dimensions: 9x8, On Level: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Intercom, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood, Brick
  • Exterior Features: Patio

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant, Wall AC
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 space assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 230
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 28
  • Units in Association: 28
  • Units In Building: 8

Schools

  • School District: Madison
  • Elementary School: Midvale/Lincoln
  • Middle School: Cherokee Heights
  • High School: Call School District
  • Elementary School: Midvale/Lincoln
  • High School: Call School District
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Zoning: R-4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 15900
  • Improvements: 106500
  • Total Assessment: 122400
  • Assessment year: 2023
  • Net Taxes: 1678
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-341-1323-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 15, 2024
Sold by
Fingerson Katrina M
Bought by
Medina Eric
Seller's Agent
Nate Lancaster
EXP Realty, LLC
Buyer's Agent
Anna Trull
Stark Company, REALTORS
List Price
$149,900
Sold Price
$200,000
Premium/Discount to List
$50,100
33.42%
Total Days on Market
2
Views
94
Current Estimated Value
$194,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,480
Avg. Annual Appreciation
-2.64%
Original Mortgage
$170,000
Outstanding Balance
$168,366
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$26,154
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Medina Eric $200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Eric $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $200,000 +33.4% $225 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $149,900 +52.3% $169 / Sq Ft
03/03/2021 03/03/21 Sold $98,400 -0.6% $111 / Sq Ft
01/11/2021 01/11/21 For Sale $99,000 0.0% $111 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/16/2020 11/16/20 Price Changed $99,000 -2.9% $111 / Sq Ft
10/12/2020 10/12/20 Price Changed $102,000 -1.9% $115 / Sq Ft
09/14/2020 09/14/20 Price Changed $104,000 -4.6% $117 / Sq Ft
08/23/2020 08/23/20 Price Changed $109,000 -4.4% $123 / Sq Ft
08/07/2020 08/07/20 Price Changed $114,000 -4.2% $128 / Sq Ft
07/16/2020 07/16/20 For Sale $119,000 +98.3% $134 / Sq Ft
07/10/2014 07/10/14 Sold $60,000 -7.6% $67 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $64,900 -- $73 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,976 $132,200 $17,500 $114,700
2023 $1,821 $122,400 $15,900 $106,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1975110

South Central Wisconsin Multiple Listing Service

APN: 0709-341-1323-7