NOT LISTED FOR SALE

2221 Luann Ln Unit 7 Madison, WI 53713

Estimated Value: $245,599 - $253,000

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

Last Sold July 30, 2019

Last sale price $135,000 $112 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,065/month

69 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bathtub
  • West High School Rated A
  • End Unit
  • 4-minute walk to Aldo Leopold Park

About This Home

As of July 2019

BACK TO THE MARKET; Excellent price for this 1200 sqft 2 bedrooms and 2 full baths condo in well maintained Condo complex. Large living room with high ceiling, bay window and access to the private balcony; Master bedroom suite also has bay windows on west side and large window on South side. Bright and airy Master bathroom; In unit laundry room with full size washer and dryer; Updates including newer windows, new lighting fixtures in dinette, bathrooms, dishwasher 2018, microwave 2018 Convenient location to all points of Madison and easy access to beltline. Pets friendly. 2 pets or one dog are permited for an unit.

Last Agent to Sell the Property

Yishu Jiang

Tri-River Realty License #57358-90 Listed on: 04/18/2019

Last Buyer's Agent

Abe Meinke

Century 21 Affiliated License #75265-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 1988

Lot Details

  • 2.76

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • End Unit

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0709-343-0931-5

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,425

Year Built

Built in 1988

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, End Unit
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Christopher Terrace
  • Year Built: 1988
  • Above Grade Price Per Sq Ft: 108.25
  • Above Grade Sold Price Per Sq Ft: 112.5
  • 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: 14x13, On Level: M
  • Bedroom 2: Dimensions: 13x10, On Level: M
  • Kitchen: Dimensions: 10x8, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher
  • Living Room: Dimensions: 23x15, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, 1 space assigned, Opener inc

Condo/Co-op/Association

  • Condo Fee Month: 200
  • 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: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 15700
  • Improvements: 103800
  • Total Assessment: 119500
  • Assessment year: 2019
  • Net Taxes: 2425
  • Tax Year: 2018
  • Assessor Parcel Number: 0709-343-0931-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jul 30, 2019
Sold by
Ni Jeannie Xiumei
Bought by
Norton Joshua J and Norton Krista L
Seller's Agent
Yishu Jiang
Tri-River Realty
Buyer's Agent
Abe Meinke
Century 21 Affiliated
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%
Current Estimated Value
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,900
Avg. Annual Appreciation
9.90%
Original Mortgage
$46,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2017
Closed on
Nov 30, 2017
Sold by
Yang Oing and Zhang Lingsu
Bought by
Xiumei Ni Jeannie
Seller's Agent
Yishu Jiang
Tri-River Realty
Buyer's Agent
Yishu Jiang
Tri-River Realty
List Price
$119,800
Sold Price
$108,000
Premium/Discount to List
-$11,800
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%
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
Norton Joshua J $135,000 None Available
Xiumei Ni Jeannie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norton Joshua J $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $135,000 +3.9% $113 / Sq Ft
04/18/2019 04/18/19 For Sale $129,900 +20.3% $108 / Sq Ft
11/30/2017 11/30/17 Sold $108,000 -9.8% $90 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
09/17/2017 09/17/17 For Sale $119,800 -- $100 / 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 $6,044 $188,500 $18,600 $169,900
2023 $2,755 $171,400 $16,300 $155,100
2021 $2,630 $140,400 $16,300 $124,100
2020 $2,760 $135,000 $16,300 $118,700
2019 $2,398 $119,500 $15,700 $103,800
2018 $2,425 $119,500 $15,700 $103,800
2017 $2,525 $111,600 $15,700 $95,900
2016 $2,010 $87,200 $12,300 $74,900
2015 $2,033 $87,900 $12,300 $75,600
2014 $2,052 $87,900 $12,300 $75,600
2013 $2,472 $106,200 $12,300 $93,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1855009

South Central Wisconsin Multiple Listing Service

APN: 0709-343-0931-5