NOT LISTED FOR SALE

2229 Luann Ln Unit 1 Madison, WI 53713

Estimated Value: $208,000 - $256,000

2 Beds
1 Bath
1,140 Sq Ft
$200/mo HOA Fee

Last Sold February 28, 2017

Last sale price $89,290 $78 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,925/month

15 Days on Market

Highlights

  • End Unit
  • Bathtub
  • Forced Air Cooling System
  • West High School Rated A
  • Intercom
  • 4-minute walk to Aldo Leopold Park

About This Home

As of February 2017

Sold Comparable

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 12/22/2016

Last Buyer's Agent

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 12/22/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,991

Year Built

  • Built in 1988

Lot Details

  • 2.76

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,140 Sq Ft Home
  • Storage Room
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • End Unit
  • Property is near a bus stop

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0709-343-0933-1

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,991

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
  • Barrier Free: First floor bedroom, First floor full bath
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Christopher Terrace
  • Year Built: 1988
  • Above Grade Price Per Sq Ft: 78.32
  • Above Grade Sold Price Per Sq Ft: 78.32
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1140
  • Finished Above Grade Sq Ft: 1140
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 14x12, On Level: M
  • Bedroom 2: Dimensions: 12x11, On Level: M
  • Kitchen: Dimensions: 11x8, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 16x15, On Level: M
  • Dining Area: Dimensions: 8x13, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 8x4
  • Basement: None
  • Interior Amenities: Washer, Dryer, Intercom, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl, Brick
  • Exterior Features: Patio

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Close to busline
  • Condo Fee Month: 200
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 48
  • Units in Association: 48
  • Units In Building: 8

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: 12300
  • Improvements: 74100
  • Total Assessment: 86400
  • Assessment year: 2016
  • Net Taxes: 1991
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-343-0933-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 20, 2014
Sold by
Coleman Linda I and Coleman Jamie A
Bought by
Hoover Mark and Hoover Kathleen
Seller's Agent
Todd Mulhern
Restaino & Associates
Buyer's Agent
John Holbrook
First Weber Inc
List Price
$89,900
Sold Price
$84,130
Premium/Discount to List
-$5,770
-6.42%
Current Estimated Value
$227,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,189
Avg. Annual Appreciation
8.98%
Original Mortgage
$67,300
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2011
Sold by
Hoover Mark S and Hoover Kathleen A
Bought by
Mills Erika

Purchase Details

Closed on
May 4, 2009
Sold by
Wisconsin Housing & Economic Development
Bought by
Coleman Linda I and Coleman Jamie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,350
Interest Rate
4.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 29, 2008
Sold by
Richeson Donna L
Bought by
Wisconsin Housing & Economic Development

Purchase Details

Closed on
Apr 1, 2008
Sold by
Krause Connie
Bought by
Richeson Donna

Purchase Details

Closed on
Feb 20, 2008
Sold by
Richeson Donna L
Bought by
Krause Connie and 2229 Luann Lane Unit 1 Residential Land

Purchase Details

Closed on
Apr 29, 2005
Sold by
Cosby Deborah
Bought by
Richeson Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.13%
Mortgage Type
New Conventional
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
Hoover Mark $84,130 Dane County Title Company
Mills Erika -- None Available
Coleman Linda I -- None Available
Wisconsin Housing & Economic Development -- None Available
Richeson Donna -- None Available
Krause Connie -- None Available
Richeson Donna L $116,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Erika $35,000
Previous Owner Hoover Mark $67,300
Previous Owner Coleman Linda I $88,350
Previous Owner Richeson Donna L $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $89,290 0.0% $78 / Sq Ft
01/06/2017 01/06/17 Pending -- -- --
12/22/2016 12/22/16 For Sale $89,290 +6.1% $78 / Sq Ft
05/20/2014 05/20/14 Sold $84,130 -6.4% $74 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $89,900 -- $79 / 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 $5,827 $169,300 $18,600 $150,700
2023 $2,725 $153,900 $16,300 $137,600
2021 $2,484 $119,500 $16,300 $103,200
2020 $2,503 $114,900 $16,300 $98,600
2019 $2,414 $110,500 $15,700 $94,800
2018 $2,411 $110,500 $15,700 $94,800
2017 $2,501 $110,600 $15,700 $94,900
2016 $1,991 $86,400 $12,300 $74,100
2015 $1,958 $79,300 $12,300 $67,000
2014 $1,844 $79,300 $12,300 $67,000
2013 $2,331 $100,300 $12,300 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1795848

South Central Wisconsin Multiple Listing Service

APN: 0709-343-0933-1