NOT LISTED FOR SALE

2229 Luann Ln Unit 3 Madison, WI 53713

Estimated Value: $225,000 - $251,000

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

Last Sold March 22, 2017

Last sale price $104,000 $87 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,006/month

1 Day on Market

Highlights

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

About This Home

As of March 2017

Don't miss this incredible value! Inviting 2 bedroom 2 bath condo situated at the back of the building. You will love the privacy and enjoyment on the patio! Light-filled living room featuring bay windows. New water heater installed in March 2016 and all new carpeting! The kitchen offers all the appliances and a good deal of cabinet storage! Private laundry room with washer and dryer included! Ample closet storage! 1 underground parking space and a large storage unit! Existing limited home warranty included, valid until 5/31/17 You can't afford to miss this one!

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 01/27/2017

Last Buyer's Agent

Jack Cheng

Real Broker LLC License #58233-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,075

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

  • 1,200 Sq Ft Home
  • Storage Room
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

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

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Additional Features

  • Patio
  • Property is near a bus stop
  • Forced Air Cooling System

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 0709-343-0935-7

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,075

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
  • 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: 83.25
  • Above Grade Sold Price Per Sq Ft: 86.67
  • 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: 11x14, On Level: M
  • Bedroom 2: Dimensions: 10x13, On Level: M
  • Kitchen: Dimensions: 8x11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 15x19, On Level: M
  • Dining Area: Dimensions: 8x11, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 6x6
  • Basement: None
  • Interior Amenities: Washer, Dryer, Intercom, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

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, 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: 77600
  • Total Assessment: 89900
  • Assessment year: 2016
  • Net Taxes: 2075
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-343-0935-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2017
Closed on
Mar 22, 2017
Sold by
My Home Is My Castle Llc
Bought by
Yu Pui Kwan Elaine and Cheng Chen
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Jack Cheng
Real Broker LLC
List Price
$99,900
Sold Price
$104,000
Premium/Discount to List
$4,100
4.1%
Current Estimated Value
$240,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,211
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Jul 30, 2008
Sold by
Harris Stephen and Harris Romus
Bought by
Probasco Mitchell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Yu Pui Kwan Elaine -- None Available
Probasco Mitchell D $119,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner My Home Is My Castle Llc $71,920
Previous Owner Probasco Mitchell D $75,600
Previous Owner Probasco Mitchell D $100,000
Previous Owner Harris Stephen $106,400
Previous Owner Harris Stephen $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2017 03/22/17 Sold $104,000 +4.1% $87 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $99,900 +11.1% $83 / Sq Ft
06/01/2015 06/01/15 Sold $89,900 -5.4% $75 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $95,000 -- $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 $5,962 $173,100 $18,600 $154,500
2023 $2,789 $157,400 $16,300 $141,100
2021 $2,542 $122,200 $16,300 $105,900
2020 $2,561 $117,500 $16,300 $101,200
2019 $2,470 $113,000 $15,700 $97,300
2018 $2,422 $111,000 $15,700 $95,300
2017 $2,347 $104,000 $15,700 $88,300
2016 $2,075 $89,900 $12,300 $77,600
2015 $1,906 $89,900 $12,300 $77,600
2014 $1,969 $89,900 $12,300 $77,600
2013 $2,342 $104,900 $12,300 $92,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1793727

South Central Wisconsin Multiple Listing Service

APN: 0709-343-0935-7