NOT LISTED FOR SALE

242 Rustic Dr Madison, WI 53718

East Madison Neighborhood

Estimated Value: $494,000 - $521,000

4 Beds
3 Baths
2,476 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $347,000 $140 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,109/month

16 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Attached Garage
  • Ranch Style House
  • Den
  • Bathtub

About This Home

As of August 2020

Timeless ranch style home located in the desirable Rustic Acres Subdivision. Wonderful location close to the Metro Market and the Great Dane. Granite counter tops, stainless steel appliances, and custom-built cabinetry adorn the beautiful kitchen. The large master bedroom boasts a big walk-in closet and a full bathroom with a double vanity and a walk-in tiled shower. The finished lower level has a large family room, full bathroom, bedroom and an office/den among tons of extra storage space! Come on in!

Last Agent to Sell the Property

Mary Ramsey

EXP Realty, LLC License #58925-90 Listed on: 07/12/2020

EXP Realty, LLC

Last Buyer's Agent

Greg Stroupe

Real Broker LLC License #27930-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,139

Year Built

  • Built in 2013

Lot Details

  • 7,841 Sq Ft Lot
  • Rural Setting
  • Level Lot
  • Property is zoned TR-C3

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Den
  • Wood Flooring
  • Laundry on lower level

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathroom on Main Level
  • Bathtub
  • Walk-in Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Ceilings are 8 Feet High
  • Basement Windows

Parking

  • Attached Garage
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Kennedy Elementary School
  • Whitehorse Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Property is near bus stop

Community Details

  • Rustic Acres Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,139

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Seller's personal belongings
  • Items Included: Range/Oven, Refrigerator, Dishwasher
  • Year Built: 2013
  • Above Grade Sold Price Per Sq Ft: 230.11
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1508
  • Finished Non Exp Sq Ft: 968
  • Finished Sq Ft: 2476
  • Bedrooms: 4
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Master Bedroom: Dimensions: 15x15, On Level: M
  • Bedroom 2: Dimensions: 13x12, On Level: M
  • Bedroom 3: Dimensions: 13x12, On Level: M
  • Bedroom 4: Dimensions: 14x12, On Level: L
  • Kitchen: Dimensions: 20x12, On Level: M
  • Kitchen Features: Breakfast bar, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 14x19, On Level: M
  • Family Room: Dimensions: 26x23, On Level: L
  • Other Rooms: Den/Office
  • Other Room 1: Other
  • Other Room 2: Den/Office, Dimensions: 12x7, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Full Size Windows/Exposed, Finished, 8'+ Ceiling, Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Attached
  • Total Full Garage Stalls: 2

Utilities

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

Schools

  • Elementary School: Kennedy
  • High School: Lafollette
  • Middle School: Whitehorse
  • School District: Madison

Lot Info

  • Estimated Aces: 0.18
  • Lot Description: Rural-in subdivision, Close to busline, Sidewalk
  • Zoning: TR-C3
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 7139
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Jenkins and Gina
Bought by
Ferraro Gina
Current Estimated Value
$499,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$229,237
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$276,639

Purchase Details

Listed on
Jul 12, 2020
Closed on
Aug 31, 2020
Sold by
Raksakhet Jong and Yang Chis
Bought by
Jenkins Paul and Ferraro Gina
Seller's Agent
Mary Ramsey
EXP Realty, LLC
Buyer's Agent
Greg Stroupe
Real Broker LLC
List Price
$344,900
Sold Price
$347,000
Premium/Discount to List
$2,100
0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$277,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2018
Closed on
May 7, 2018
Sold by
Copley Robert J and Copley Katherine M
Bought by
Raksakhet Jong and Yang Chia
Seller's Agent
Chris Sorenson
Realty Executives Cooper Spransy
Buyer's Agent
Sharmara Moll
South Central Non-Member
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$310,400
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2013
Sold by
Ellefson Michael J
Bought by
Copley Robert and Copley Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2008
Sold by
Starkweather Square Llc
Bought by
Ellefson Michael J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferraro Gina -- --
Jenkins Paul $347,000 Knight Barry Title
Raksakhet Jong $320,000 Knight Barry Title
Copley Robert $240,000 None Available
Ellefson Michael J $194,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro Gina $240,000
Previous Owner Jenkins Paul $277,600
Previous Owner Raksakhet Jong $310,400
Previous Owner Copley Robert $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $347,000 +0.6% $140 / Sq Ft
07/12/2020 07/12/20 For Sale $344,900 +7.8% $139 / Sq Ft
05/07/2018 05/07/18 Sold $320,000 0.0% $129 / Sq Ft View Prior Sale
03/17/2018 03/17/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $319,900 -- $129 / 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 $16,559 $472,400 $87,500 $384,900
2023 $8,059 $445,700 $82,500 $363,200
2022 $15,326 $391,000 $89,400 $301,600
2021 $7,288 $343,000 $78,400 $264,600
2020 $7,254 $326,400 $76,100 $250,300
2019 $7,139 $320,000 $74,600 $245,400
2018 $6,352 $285,500 $74,600 $210,900
2017 $6,451 $279,900 $67,800 $212,100
2016 $6,236 $261,600 $63,400 $198,200
2015 $5,733 $240,000 $56,800 $183,200
2014 $5,737 $240,000 $56,800 $183,200
2013 $1,308 $56,800 $56,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Ramsey

    Seller's Agent in 2020

    Mary Ramsey

    EXP Realty, LLC

    (608) 617-5466

    222 Total Sales

    Mary Ramsey
    Section Image

  • G

    Buyer's Agent in 2020

    Greg Stroupe

    Real Broker LLC

  • Chris Sorenson

    Seller's Agent in 2018

    Chris Sorenson

    Realty Executives

    (608) 239-5382

    1 in this area

    9 Total Sales

    Chris Sorenson
    Section Image

  • S

    Buyer's Agent in 2018

    Sharmara Moll

    South Central Non-Member

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1888249

South Central Wisconsin Multiple Listing Service

APN: 0710-024-2106-5

Wisconsin Dane County Madison 53718 East Madison

242 Rustic Dr, Madison, WI

Not Listed for Sale

Detached

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