NOT LISTED FOR SALE

2837 Traceway Dr Madison, WI 53713

Estimated Value: $215,000 - $233,000

2 Beds
1 Bath
913 Sq Ft
$250/mo HOA Fee

Last Sold January 31, 2024

Last sale price $219,000 $240 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,683/month

9 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Bathtub
  • West High School Rated A
  • Wood Flooring
  • 2-minute walk to Aldo Leopold Park

About This Home

As of January 2024

Move in Ready 2nd floor condo open condo concept! Kitchen and bath have been updated the past few years. Newer flooring, light fixtures, freshly painted, few new windows, butcher block countertops, vaulted ceiling, deck across front of living room, big windows for lots of natural light filling the rooms. Cozy up to the fireplace this winter with a cup of hot cocoa and a book. Located across the street from a park and gardens, easy access to bike path, just a few miles to downtown. Lower level has approximately 456 sq ft to finished/converted to a workout room, gaming room, movie room etc. Private Garage. Quick closing possible.

Last Agent to Sell the Property

Ronda Thompson

Restaino & Associates License #52190-90 Listed on: 12/04/2023

Restaino & Associates

Last Buyer's Agent

Ronda Thompson

Restaino & Associates License #52190-90 Listed on: 12/04/2023

Restaino & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 1981

Lot Details

  • 2.3

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Garden Home
  • Vinyl Siding

Interior Spaces

  • 913 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Wood Flooring
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Cooling System
  • Water Softener
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a bus stop

Community Details

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 6 Units
  • Located in the Muir Heights master-planned community
  • Property Manager
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 0609-032-0924-0

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,184

Year Built

Built in 1981

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: Range/oven, refrigerator, dishwasher, microwave, washer & dryer, water softener, (1) garage remote.
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Muir Heights
  • Year Built: 1981
  • Above Grade Price Per Sq Ft: 230.01
  • Above Grade Sold Price Per Sq Ft: 239.87
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 913
  • Finished Above Grade Sq Ft: 913
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 13x12, On Level: M
  • Bedroom 2: Dimensions: 13x9, On Level: M
  • Kitchen: Dimensions: 11x9, On Level: M
  • Kitchen Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 15x13, On Level: M
  • Dining Area: Dimensions: 11x7, On Level: M
  • Basement: Partial
  • Fireplace: Wood, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Vaulted ceiling, Washer, Dryer, Water softener included, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 car Garage, Attached, Opener inc

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline
  • Condo Fee Month: 250
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 24
  • Units in Association: 24
  • Units In Building: 6

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: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 11600
  • Improvements: 181700
  • Total Assessment: 193300
  • Assessment year: 2023
  • Net Taxes: 3184
  • Tax Year: 2022
  • Assessor Parcel Number: 0609-032-0924-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 31, 2024
Sold by
Ng Elizabeth Jane
Bought by
Craig Stephen C
Seller's Agent
Ronda Thompson
Restaino & Associates
Buyer's Agent
Ronda Thompson
Restaino & Associates
List Price
$210,000
Sold Price
$219,000
Premium/Discount to List
$9,000
4.29%
Total Days on Market
9
Views
130
Current Estimated Value
$227,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,207
Avg. Annual Appreciation
2.78%

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 20, 2021
Sold by
Hiiebing Laura and Hiiebing Laura Rose
Bought by
Ng Elizabeth Jane
Seller's Agent
Zach Palmer
EXP Realty, LLC
Buyer's Agent
Ronda Thompson
Restaino & Associates
List Price
$179,000
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$161,100
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2016
Closed on
Jun 30, 2017
Sold by
Douglas Kelly A
Bought by
Hlebbing Laura
Seller's Agent
Kate Weis
Lauer Realty Group, Inc.
Buyer's Agent
Lane Manning
Realty Executives Cooper Spransy
List Price
$110,000
Sold Price
$130,000
Premium/Discount to List
$20,000
18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$109,800
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Craig Stephen C $219,000 None Listed On Document
Ng Elizabeth Jane $179,000 None Available
Hlebbing Laura -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ng Elizabeth Jane $161,100
Previous Owner Heibing Laura R $18,500
Previous Owner Hlebbing Laura $109,800
Previous Owner Douglas Kelly $86,600
Previous Owner Douglas Kelly A $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $219,000 +4.3% $240 / Sq Ft
12/08/2023 12/08/23 For Sale $210,000 -4.1% $230 / Sq Ft
12/04/2023 12/04/23 Off Market $219,000 -- --
08/21/2021 08/21/21 Off Market $179,000 -- --
08/20/2021 08/20/21 Sold $179,000 0.0% $196 / Sq Ft
06/30/2021 06/30/21 For Sale $179,000 +37.7% $196 / Sq Ft
06/30/2017 06/30/17 Sold $130,000 +18.2% $142 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
10/12/2016 10/12/16 For Sale $110,000 -- $120 / 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 $6,822 $212,600 $13,200 $199,400
2023 $3,117 $193,300 $11,600 $181,700
2021 $2,630 $140,400 $11,600 $128,800
2020 $2,760 $135,000 $11,600 $123,400
2019 $2,748 $135,000 $11,600 $123,400
2018 $2,767 $130,000 $11,600 $118,400
2017 $1,484 $72,900 $11,600 $61,300
2016 $1,529 $72,900 $11,600 $61,300
2015 $1,560 $62,700 $11,600 $51,100
2014 $1,310 $62,700 $11,600 $51,100
2013 $1,929 $91,400 $11,600 $79,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1968070

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0924-0