NOT LISTED FOR SALE

1618 Homberg Ln Madison, WI 53716

Elvehjem Neighborhood

Estimated Value: $390,000 - $401,000

3 Beds
1.5 Baths
1,489 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $371,000 $249 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,484/month

6 Days on Market

Highlights

  • Deck
  • Bonus Room
  • 1 Car Attached Garage
  • Wood Flooring
  • Fenced Yard
  • Bathtub

About This Home

As of July 2023

Let the sunshine in! Walking into this east side home, you'll be greeted by an abundance of natural light that fills the living room and illuminates the beautiful hardwood floors. Make your way through the kitchen with butcher block counters & plenty of cabinet space to the lovely sunroom, where you can relax all year round! Enjoy grilling out with friends on the large deck using the mounted gas grill. Along with having a large yard, this home is near many of Madison’s parks. Check out our 3D virtual tour for more! Call 608-841-2221 for a private showing or visit www.SpencerREG.com for more info & 3D virtual tour.

Last Agent to Sell the Property

Spencer Schumacher

Spencer Real Estate Group License #58017-90 Listed on: 05/02/2023

Last Buyer's Agent

Dan Chin Homes Team

Real Broker LLC

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 83.9x134.98
  • Fenced Yard
  • Property is zoned SR-C1

Home Design

  • Tri-Level Property
  • Poured Concrete

Interior Spaces

  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Elvehjem Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Cooling System
  • Water Softener
  • High Speed Internet
  • Internet Available

Community Details

  • Woodvale Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,277

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: Multi-level
  • Architecture: Tri-level
  • Items Excluded: Seller's personal property
  • Items Included: Refrigerator, dishwasher, range/oven, microwave, washer, dryer, all window coverings, water softener, garage opener & remote, thermostat.
  • Year Built: 1961
  • Above Grade Sold Price Per Sq Ft: 336.66
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Above Grade Finished Sq Ft: 1102
  • Finished Non Exp Sq Ft: 387
  • Finished Sq Ft: 1489
  • Bedrooms: 3
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 13x11, On Level: U
  • Bedroom 2: Dimensions: 11x10, On Level: U
  • Bedroom 3: Dimensions: 10x9, On Level: U
  • Kitchen: Dimensions: 12x10, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 20x11, On Level: M
  • Dining Area: Dimensions: 10x8, On Level: M
  • Family Room: Dimensions: 20x12, On Level: L
  • Other Rooms: Bonus Room, Three-Season
  • Other Room 1: Bonus Room, Dimensions: 15x12, On Level: L
  • Other Room 2: Three-Season, Dimensions: 16x13, On Level: M
  • Laundry: On Level: L
  • Basement: Full, Full Size Windows/Exposed, Partially finished, Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, At Least 1 tub, Internet - Cable, Internet- Fiber available
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Aluminum/Steel
  • Exterior Features: Deck, Patio, Fenced Yard, Storage building

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Attached, Opener
  • Total Full Garage Stalls: 1

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Elvehjem
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.26
  • Lot Description: Close to busline, Sidewalk
  • Lot Dimensions: 83.9X134.98
  • Zoning: SR-C1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 5277
  • Tax Year: 2022

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 7, 2020
Sold by
Najacht Zachary C and Najacht Nicole M
Bought by
Lee Kenneth Wayne and Lee Tashina Anna
Seller's Agent
Trent Halverson
Stark Company, REALTORS
Buyer's Agent
Spencer Schumacher
Spencer Real Estate Group
List Price
$260,000
Sold Price
$269,000
Premium/Discount to List
$9,000
3.46%
Current Estimated Value
$396,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,685
Avg. Annual Appreciation
8.27%
Original Mortgage
$242,100
Outstanding Balance
$215,926
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$180,759

Purchase Details

Closed on
Jun 5, 2008
Sold by
Paige Mark A and Paige Laura M
Bought by
Najacht Zachary C and Najacht Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,100
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Lee Kenneth Wayne $269,000 Knight Barry Title
Najacht Zachary C $196,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Kenneth Wayne $242,100
Previous Owner Najacht Zachary C $190,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2023 07/05/23 Sold $371,000 +14.2% $249 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $325,000 -12.4% $218 / Sq Ft
05/02/2023 05/02/23 Off Market $371,000 -- --
12/07/2020 12/07/20 Sold $269,000 +3.5% $181 / Sq Ft View Prior Sale
11/03/2020 11/03/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $260,000 -- $175 / 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 $12,431 $371,000 $88,300 $282,700
2023 $5,581 $328,100 $80,600 $247,500
2021 $5,330 $266,000 $69,900 $196,100
2020 $6,294 $248,200 $63,500 $184,700
2019 $5,962 $238,700 $61,100 $177,600
2018 $5,488 $223,100 $57,100 $166,000
2017 $5,457 $212,500 $57,100 $155,400
2016 $5,291 $204,300 $54,900 $149,400
2015 $4,550 $190,700 $54,900 $135,800
2014 $4,411 $190,700 $54,900 $135,800
2013 $4,570 $190,700 $54,900 $135,800
Source: Public Records

Agents Affiliated with this Home

  • Spencer Schumacher

    Seller's Agent in 2023

    Spencer Schumacher

    Spencer Real Estate Group

    (608) 841-2221

    2 in this area

    372 Total Sales

    Spencer Schumacher
    Section Image

  • D

    Buyer's Agent in 2023

    Dan Chin Homes Team

    Real Broker LLC

    (608) 268-0831

    10 in this area

    1,229 Total Sales

    Dan Chin Homes Team
    Section Image
  • Trent Halverson

    Seller's Agent in 2020

    Trent Halverson

    Stark Company, REALTORS

    (608) 577-2013

    3 in this area

    81 Total Sales

    Trent Halverson
    Section Image
  • Jenny Wedvick

    Seller Co-Listing Agent in 2020

    Jenny Wedvick

    Stark Company, REALTORS

    (608) 443-2547

    2 in this area

    90 Total Sales

    Jenny Wedvick
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1954811

South Central Wisconsin Multiple Listing Service

APN: 0710-151-0521-8

Wisconsin Dane County Madison 53716 Elvehjem

1618 Homberg Ln, Madison, WI

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South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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