NOT LISTED FOR SALE

2021 Rae Ln Madison, WI 53711

Meadowood Neighborhood

Estimated Value: $353,000 - $384,000

3 Beds
1.5 Baths
1,808 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 20, 2013

Last sale price $95,000 $53 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $2,311/month

Highlights

  • Recreation Room
  • Wood Flooring
  • 1 Car Attached Garage
  • Vel Phillips Memorial High School Rated A
  • Den
  • Bathtub

About This Home

As of February 2013

HUD Case# 581-291122. Solid home in need of some TLC, cosmetics & updates. Wood flooring, L/L rec room with walkout & fireplace. L/L office & study. A lot more than meets the eye. Convenient location. Sold "AS IS", NO REPAIRS. Inspections are informational ONLY & not contingent. Must be HUD certified to submit offer. See associated docs.

Last Agent to Sell the Property

Rick Bernards

RE/MAX Preferred License #56886-90 Listed on: 11/06/2012

RE/MAX Preferred

Last Buyer's Agent

Ervin Bendorf

Erv Bendorf, REALTOR License #50455-90

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.25

Parking

  • 1 Car Attached Garage

Home Design

  • Bi-Level Home
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Den
  • Recreation Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Huegel Elementary School
  • Toki Middle School
  • Memorial High School

Additional Features

  • Patio
  • 0.25 Acre Lot
  • Forced Air Cooling System

Community Details

  • Meadowood Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Architecture: Bi-level
  • Year Built: 1962
  • Above Grade Sold Price Per Sq Ft: 94.25
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Above Grade Finished Sq Ft: 1008
  • Finished Non Exp Sq Ft: 800
  • Finished Sq Ft: 1808
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 13x10, On Level: M
  • Bedroom 2: Dimensions: 10x9, On Level: M
  • Bedroom 3: Dimensions: 12x10, On Level: M
  • Kitchen: Dimensions: 10x9, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher
  • Living Room: Dimensions: 12x12, On Level: M
  • Dining Room: Dimensions: 10x10, On Level: M
  • Other Rooms: Den/Office, Rec Room
  • Other Room 1: Den/Office, Dimensions: 10x9, On Level: L
  • Other Room 2: Other, Dimensions: 11x11, On Level: L
  • Other Room 3: Rec Room, Dimensions: 22x11, On Level: L
  • Laundry: Dimensions: 13x11, On Level: L
  • Basement: Full, Walkout to yard, Finished, Sump pump
  • Fireplace: Wood
  • Interior Amenities: Wood or sim. wood floor, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood
  • Exterior Features: Patio

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Huegel
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Lot Sq Ft: 10935
  • Estimated Aces: 0.25
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 4575
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Roy U Schenk Living Trust
Bought by
Cac No2 Llc
Current Estimated Value
$370,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$282,245
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$87,778

Purchase Details

Closed on
May 13, 2021
Sold by
Schenk Roy U
Bought by
Schenk Roy U and Roy U Schenk Living Trust

Purchase Details

Listed on
Nov 6, 2012
Closed on
Feb 20, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Schenk Roy U
Seller's Agent
Rick Bernards
RE/MAX Preferred
Buyer's Agent
Ervin Bendorf
Erv Bendorf, REALTOR
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
Jul 16, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 10, 2012
Sold by
Ramos Themis E Flores and Flores Themis E
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 23, 2007
Sold by
Marshall Sue A
Bought by
Ramos Themis E Flores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
10.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cac No2 Llc $290,000 Badgerland Title Services
Schenk Roy U -- None Available
Schenk Roy U -- None Available
The Secretary Of Housing & Urban Develop $215,200 None Available
Wells Fargo Bank Na -- None Available
Ramos Themis E Flores $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cac No2 Llc $290,000
Previous Owner Ramos Themis E Flores $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2013 02/20/13 Sold $95,000 -20.8% $53 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $120,000 -- $66 / 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 $11,113 $318,600 $96,800 $221,800
2023 $5,205 $289,600 $88,000 $201,600
2021 $4,924 $233,000 $70,800 $162,200
2020 $4,702 $212,800 $64,700 $148,100
2019 $4,232 $200,800 $61,000 $139,800
2018 $3,961 $187,700 $57,000 $130,700
2017 $3,728 $169,100 $57,000 $112,100
2016 $3,558 $158,000 $57,000 $101,000
2015 $3,054 $132,000 $55,900 $76,100
2014 $2,989 $132,000 $55,900 $76,100
2013 $4,575 $95,000 $55,900 $39,100
Source: Public Records

Agents Affiliated with this Home

  • Rick Bernards

    Seller's Agent in 2013

    Rick Bernards

    RE/MAX

    (608) 833-3711

    30 Total Sales

    Rick Bernards
    Section Image

  • E

    Buyer's Agent in 2013

    Ervin Bendorf

    Erv Bendorf, REALTOR

    (608) 345-2801

    3 Total Sales

    Ervin Bendorf
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1669912

South Central Wisconsin Multiple Listing Service

APN: 0608-011-0106-9

Wisconsin Dane County Madison 53711 Meadowood

2021 Rae Ln, Madison, WI

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