$82,000
SOLD JUL 15, 2014

1509 Martin St Unit 8 Madison, WI 53713

3 Beds
2 Baths
1,005 Sq Ft
$173/mo HOA Fee

Recently Sold

$82 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Deck
  • Intercom
  • Home Security System
  • West High School Rated A
  • Building Security System
  • Storage Room

About This Home

As of September 2017

3 bedrooms and 2 baths for well under $100k in the Arboretum. Second floor unit with lots of privacy and amenities. An incredible value with underground parking, laundry facilities in the building, and an extra storage space. Right on the busline. Close to downtown and campus as well as the west beltline. New AC unit to be installed. DOGS NOT ALLOWED.

Last Agent to Sell the Property

Dan Spranzy

Realty Executives Cooper Spransy License #55135-90 Listed on: 05/29/2014

Realty Executives Cooper Spransy

Last Buyer's Agent

Mary Deneen

Century 21 Affiliated Roessler License #46907-90 1128-9

Century 21 Affiliated Roessler

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,462

Year Built

  • Built in 1984

HOA Fees

  • $173 Monthly HOA Fees

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
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Intercom

Schools

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

Utilities

  • Radiant Heating System
  • Well

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-341-1413-5

Community Details

Overview

  • 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

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,462

Year Built

Built in 1984

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: Window/Wall AC
  • Fee Includes: Heat, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Parkside Garden
  • Year Built: 1984
  • Above Grade Price Per Sq Ft: 84.58
  • Above Grade Sold Price Per Sq Ft: 81.59
  • 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: 11x9, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher
  • Living Room: Dimensions: 12x13, On Level: M
  • Dining Room: Dimensions: 11x9, On Level: M
  • In Unit Laundry Lvl: L
  • Interior Amenities: Security system for Unit, Intercom, Storage Unit Inc
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full

Exterior Features

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

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant
  • Water Waste: Municipal sewer, Well
  • Parking Unit: Underground, 1 space assigned

Condo/Co-op/Association

  • Common Amenities: Security system, Close to busline
  • Condo Fee Month: 173
  • 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: 51200
  • Total Assessment: 65000
  • Assessment year: 2013
  • Net Taxes: 1462
  • Tax Year: 2013
  • 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%
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

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 Type Sale Price Title Company
Deed $120,100 --
Warranty Deed $82,000 None Available
Quit Claim Deed $74,000 None Available
Warranty Deed $88,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,000 New Conventional
Closed $29,300 Credit Line Revolving
Previous Owner $46,400 New Conventional
Previous Owner $86,896 FHA
Previous Owner $15,900 Stand Alone Second
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: 1717266

South Central Wisconsin Multiple Listing Service

APN: 0709-341-1413-5