NOT LISTED FOR SALE

194 S Fair Oaks Ave Madison, WI 53704

Atwood Neighborhood

Estimated Value: $245,000 - $328,000

2 Beds
1 Bath
730 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $230,000 $315 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,818/month

15 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Wood Flooring
  • Bathtub
  • Accessible Bedroom

About This Home

As of May 2023

Bright 2br, 1 bath bungalow in a booming neighborhood! This is a charming starter home with a spacious three season porch and private backyard! Easy access to bike path and local restaurants, parks, and a quick walk to Olbrich Gardens, Garver Feed Mill, and Goodman Community Center. Beautiful natural light shines throughout the home. Hardwood floors in living room and bedrooms. Exposed brick chimney and rounded archway in living room provide character to a well built home that is over 100 years old. New hybrid-electric hot water heater installed 2022. Washer/Dryer, kitchen appliances included. This home needs a few repairs and updates to return it to its former glory.

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 03/13/2023

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

Seller Sold Listing

Seller Sold Listings

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,791

Year Built

  • Built in 1917

Lot Details

  • 3,049 Sq Ft Lot
  • Property is zoned TR-V1

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 730 Sq Ft Home
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Location

  • Property is near a bus stop

Schools

  • Lowell Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,791

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Seller's Personal Items
  • Items Included: Refrigerator, Range/Oven, Microwave, Washer, Dryer
  • Year Built: 1917
  • Above Grade Sold Price Per Sq Ft: 315.07
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 730
  • Finished Sq Ft: 730
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 10x10, On Level: M
  • Bedroom 2: Dimensions: 7x11, On Level: M
  • Kitchen: Dimensions: 10x12, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 16x12, On Level: M
  • Other Rooms: Three-Season
  • Other Room 1: Three-Season, Dimensions: 5x13, On Level: M
  • Laundry: On Level: L
  • Basement: Full, Toilet only, Block foundation
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Detached
  • Total Full Garage Stalls: 1

Utilities

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

Schools

  • Elementary School: Lowell
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.07
  • Lot Description: Close to busline, Sidewalk
  • Zoning: TR-V1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3791
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
May 12, 2023
Sold by
Schaefer Isaac Matthew
Bought by
Bachleitner Joan and Glover Edward
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Seller Sold Listing
Seller Sold Listings
List Price
$230,000
Sold Price
$230,000
Views
253
Current Estimated Value
$290,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,355
Avg. Annual Appreciation
9.94%
Original Mortgage
$172,500
Outstanding Balance
$167,642
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$122,713

Purchase Details

Closed on
Aug 31, 2020
Sold by
Wear Angeleah and Schaefer Angeleah
Bought by
Schaefer Isaac Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2015
Closed on
Jan 22, 2016
Sold by
Herrera Patrick J
Bought by
Schaefer Angeleah
Seller's Agent
Roger Stauter
Stark Company, REALTORS
Buyer's Agent
Cindy Kestler
South Central Non-Member
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$117,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2009
Sold by
Andrews Paul P and Andrews Michelle
Bought by
Herrera Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
4.84%
Mortgage Type
VA
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
Bachleitner Joan $230,000 None Listed On Document
Schaefer Isaac Matthew $160,000 None Available
Schaefer Angeleah $135,000 Attorney
Herrera Patrick J $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bachleitner Joan $172,500
Previous Owner Schaefer Isaac Matthew $144,000
Previous Owner Schaefer Angeleah $117,000
Previous Owner Herrera Patrick J $122,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $230,000 0.0% $315 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $230,000 +70.4% $315 / Sq Ft
01/22/2016 01/22/16 Sold $135,000 -9.9% $185 / Sq Ft View Prior Sale
12/05/2015 12/05/15 Pending -- -- --
09/19/2015 09/19/15 For Sale $149,900 -- $205 / 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 $9,716 $230,000 $80,400 $149,600
2023 $3,993 $214,200 $80,400 $133,800
2021 $3,791 $180,300 $69,900 $110,400
2020 $3,743 $170,100 $64,700 $105,400
2019 $3,563 $159,000 $57,300 $101,700
2018 $3,177 $144,500 $51,200 $93,300
2017 $3,071 $135,000 $42,700 $92,300
2016 $3,089 $132,200 $38,800 $93,400
2015 $2,941 $122,300 $38,000 $84,300
2014 $2,885 $122,300 $38,000 $84,300
2013 $2,633 $117,600 $36,500 $81,100
Source: Public Records

Agents Affiliated with this Home

  • Seth Pfaehler

    Seller's Agent in 2023

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    11 in this area

    452 Total Sales

    Seth Pfaehler
    Section Image
  • Matt McGrady

    Seller Co-Listing Agent in 2023

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    10 in this area

    352 Total Sales

    Matt McGrady
    Section Image

  • S

    Buyer's Agent in 2023

    Seller Sold Listing

    Seller Sold Listings

  • R

    Seller's Agent in 2016

    Roger Stauter

    Stark Company, REALTORS

    (608) 695-4027

    4 Total Sales

    Roger Stauter
    Section Image

  • C

    Buyer's Agent in 2016

    Cindy Kestler

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1951566

South Central Wisconsin Multiple Listing Service

APN: 0710-053-1105-7

Wisconsin Dane County Madison 53704 Atwood

194 S Fair Oaks Ave, Madison, WI

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