NOT LISTED FOR SALE

2221 Luann Ln Unit 2 Madison, WI 53713

Estimated Value: $248,000 - $266,000

2 Beds
2 Baths
1,200 Sq Ft
$175/mo HOA Fee

Last Sold June 22, 2012

Last sale price $72,000 $60 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $2,128/month

125 Days on Market

Highlights

  • Bathtub
  • Forced Air Cooling System
  • Building Security System
  • West High School Rated A
  • Patio
  • 4-minute walk to Aldo Leopold Park

About This Home

As of June 2012

Move in ready, well maintained, remarkable price. Buy it for yourself; buy it as an investment. Two bedrooms, two full baths, two underground & heated parking stalls, private patio in a lovely, modern building with great access to downtown and the east and west sides. Quick closing, quick occupancy, pet friendly. Home warranty included.

Last Agent to Sell the Property

Steve Wajda

South Central Non-Member License #53826-90 Listed on: 02/09/2012

Last Buyer's Agent

Yishu Jiang

Tri-River Realty License #57358-90

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • 2.76

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • 1,200 Sq Ft Home
  • Garden Home
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Leopold Elementary School
  • Cherokee Heights Middle School
  • West High School

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0709-343-0926-6

Community Details

Overview

  • Association fees include parking, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 16 Units
  • Located in the Christopher Terrace master-planned community
  • Property Manager
  • Greenbelt

Security

  • Building Security System

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: All window coverings
  • Fee Includes: Parking, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Christopher Terrace
  • Year Built: 1990
  • Above Grade Price Per Sq Ft: 66.58
  • Above Grade Sold Price Per Sq Ft: 60
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1200
  • Finished Above Grade Sq Ft: 1200
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 14x12, On Level: M
  • Bedroom 2: Dimensions: 10x13, On Level: M
  • Kitchen: Dimensions: 8x11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 22x16, On Level: M
  • In Unit Laundry Lvl: M
  • Interior Amenities: Washer, Dryer, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Walk-in Shower

Exterior Features

  • Exterior: Vinyl, Brick, Stone
  • Exterior Features: Patio

Utilities

  • Fuel: Natural gas, Electric
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, 2+ spaces assigned

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Security system
  • Condo Fee Month: 175
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 48
  • Units in Association: 48
  • Units In Building: 16

Schools

  • School District: Madison
  • Elementary School: Leopold
  • Middle School: Cherokee Heights
  • High School: West
  • Elementary School: Leopold
  • High School: West
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Zoning: R4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 12300
  • Improvements: 94900
  • Total Assessment: 107200
  • Assessment year: 2012
  • Net Taxes: 2497
  • Tax Year: 2011
  • Assessor Parcel Number: 0709-343-0926-6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Skylark Properties Llc
Bought by
Bennhack Derek A
Total Days on Market
125
Current Estimated Value
$254,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,008
Outstanding Balance
$105,509
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$135,635

Purchase Details

Listed on
Feb 9, 2012
Closed on
Jun 22, 2012
Sold by
Jim & Kim Properties Llc
Bought by
Skylark Properties Llc
Seller's Agent
Steve Wajda
South Central Non-Member
Buyer's Agent
Yishu Jiang
Tri-River Realty
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Apr 19, 2006
Sold by
Andrae William C
Bought by
Jim & Kim Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,100
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Bennhack Derek A $123,800 Knight Barry Title
Skylark Properties Llc $72,000 Rba Title Services Llc
Jim & Kim Properties Llc $128,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennhack Derek A $120,008
Previous Owner Jim & Kim Properties Llc $103,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2012 06/22/12 Sold $72,000 -19.9% $60 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $89,900 -- $75 / 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 $6,766 $193,700 $18,600 $175,100
2023 $3,169 $176,100 $16,300 $159,800
2021 $2,789 $133,700 $16,300 $117,400
2020 $2,810 $128,600 $16,300 $112,300
2019 $2,711 $123,700 $15,700 $108,000
2018 $2,647 $121,000 $15,700 $105,300
2017 $2,674 $118,000 $15,700 $102,300
2016 $2,130 $92,200 $12,300 $79,900
2015 $2,154 $92,900 $12,300 $80,600
2014 $2,173 $92,900 $12,300 $80,600
2013 $2,497 $82,000 $12,300 $69,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Steve Wajda

    South Central Non-Member

  • Yishu Jiang

    Buyer's Agent in 2012

    Yishu Jiang

    Tri-River Realty

    (608) 283-9335

    128 Total Sales

    Yishu Jiang
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1646004

South Central Wisconsin Multiple Listing Service

APN: 0709-343-0926-6

Wisconsin Dane County Madison 53713

2221 Luann Ln Unit 2, Madison, WI

This home is located at 2221 Luann Ln Unit 2, Madison, WI 53713 since 09 February 2012 and is currently estimated at $254,955, approximately $212 per square foot. This property was built in 1990. 2221 Luann Ln Unit 2 is a home located in Dane County with nearby schools including Leopold Elementary School, Cherokee Heights Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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