NOT LISTED FOR SALE

1509 Martin St Unit 8 Madison, WI 53713

Estimated Value: $220,000

3 Beds
2 Baths
1,005 Sq Ft
$185/mo HOA Fee

Last Sold September 15, 2017

Last sale price $120,001 $119 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,640/month

3 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Bathtub
  • West High School Rated A
  • End Unit
  • Intercom

About This Home

As of September 2017

Live immediately next to the UW Arboretum, and enjoy walking, kayaking, biking, birding, or cross-country skiing amidst all the beauty anytime you wish, since it is right outside of your window. Very well maintained and updated 3 bedroom, 2 bath condo that is convenient to so much. Walk or bike easily to the University , State Street, Kohl Center, restaurants, or catch the bus a block away, underground parking, laundry in building, upper end unit for privacy, and absolutely move in ready. Watch the birds (particularly hummingbirds and finches) from your balcony. Dogs not allowed, cats OK.

Last Agent to Sell the Property

Mary Binkley

South Central Non-Member License #50491-90 Listed on: 08/11/2017

Co-Listed By

Ruth Wangerin

EXP Realty, LLC License #57198-90

Last Buyer's Agent

William Schneider

Build Realty Network, LLC License #81198-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 1973

Lot Details

  • End Unit
  • Wooded Lot

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,005 Sq Ft Home
  • Storage Room
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Home Security

  • Home Security System
  • Intercom

Schools

  • Midvale/Lincoln Elementary School
  • Call School District Middle School
  • West High School

Utilities

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

Additional Features

  • Deck
  • Property is near a bus stop

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0709-341-1413-5

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,464

Year Built

Built in 1973

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, End Unit
  • Items Included: Range/Oven, Refrigerator
  • Fee Includes: Heat, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Parkside Garden
  • Year Built: 1973
  • Above Grade Price Per Sq Ft: 114.43
  • Above Grade Sold Price Per Sq Ft: 119.4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1005
  • Finished Above Grade Sq Ft: 1005
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 12x13, On Level: M
  • Bedroom 2: Dimensions: 11x12, On Level: M
  • Bedroom 3: Dimensions: 11x12, On Level: M
  • Kitchen: Dimensions: 11x8, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Microwave, Disposal
  • Living Room: Dimensions: 12x13, On Level: M
  • Dining Area: Dimensions: 11x8, On Level: M
  • In Unit Laundry Lvl: L
  • Basement: None
  • Interior Amenities: Security system for Unit, Intercom, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Deck/Balcony, Wooded lot

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Close to busline
  • Condo Fee Month: 185
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 28
  • Units in Association: 28
  • Units In Building: 28

Schools

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

Lot Info

  • Zoning: R-4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 13800
  • Improvements: 58300
  • Total Assessment: 72100
  • Assessment year: 2016
  • Net Taxes: 1464
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-341-1413-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Sep 15, 2017
Sold by
Masters Gene P and Berry Diane M
Bought by
Larson Sue Ann and Larson Terry G
Seller's Agent
Mary Binkley
South Central Non-Member
Buyer's Agent
William Schneider
Build Realty Network, LLC
List Price
$115,000
Sold Price
$120,001
Premium/Discount to List
$5,001
4.35%
Total Days on Market
3
Current Estimated Value
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,999
Original Mortgage
$96,000
Outstanding Balance
$79,741
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2014
Closed on
Jul 11, 2014
Sold by
Lhost Jennifer J
Bought by
Masters Gene P and Berry Diane M
Seller's Agent
Dan Spranzy
Realty Executives Cooper Spransy
Buyer's Agent
Mary Deneen
Century 21 Affiliated Roessler
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%
Original Mortgage
$46,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2012
Sold by
Coopmans Chad R
Bought by
Lhost Jennifer

Purchase Details

Closed on
Nov 6, 2009
Sold by
Mott Andrew S
Bought by
Coopmans Chad R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,896
Interest Rate
4.96%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Larson Sue Ann $120,100 --
Masters Gene P $82,000 None Available
Lhost Jennifer $74,000 None Available
Coopmans Chad R $88,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Sue Ann $96,000
Closed Masters Gene P $29,300
Previous Owner Masters Gene P $46,400
Previous Owner Coopmans Chad R $86,896
Previous Owner Mott Andrew S $15,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $120,001 +4.3% $119 / Sq Ft
08/11/2017 08/11/17 For Sale $115,000 +40.2% $114 / Sq Ft
07/15/2014 07/15/14 Sold $82,000 -3.5% $82 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $85,000 -- $85 / 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
2021 $2,054 $116,300 $13,800 $102,500
2020 $2,265 $112,900 $13,800 $99,100
2019 $2,063 $103,600 $13,800 $89,800
2018 $1,855 $95,000 $13,800 $81,200
2017 $1,569 $79,300 $13,800 $65,500
2016 $1,464 $72,100 $13,800 $58,300
2015 $1,494 $72,100 $13,800 $58,300
2014 $1,388 $65,000 $13,800 $51,200
2013 $2,356 $65,000 $13,800 $51,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1811728

South Central Wisconsin Multiple Listing Service

APN: 0709-341-1413-5