NOT LISTED FOR SALE

2850 Cimarron Trail Unit 3 Madison, WI 53719

Westhaven Trails Neighborhood

Estimated Value: $181,000 - $188,000

2 Beds
1 Bath
874 Sq Ft
$248/mo HOA Fee

Last Sold May 31, 2024

Last sale price $166,100 $190 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,402/month

79 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Greenbelt
  • Vel Phillips Memorial High School Rated A
  • Storage Room
  • 1-minute walk to Big Slide Park

About This Home

As of May 2024

Great opportunity for income property, current lease is in effect until May 31, 2024. 2-bedroom 2nd floor condominium in small, well managed association. This condo features generous room sizes, formal dining, balcony, additional storage unit, and private garage. Condo fees include heat and hot water. Convenient location near West Towne Mall, transportation, Ice Age Trail, and walking distance to bus stop and city park. Additionally, there is a park located on the property. Qualifies for conventional financing.

Last Agent to Sell the Property

Tommy Van Ess

First Weber Inc License #56689-90 Listed on: 11/15/2023

First Weber Inc

Co-Listed By

Devon Van Ess

First Weber Inc License #81672-94

Last Buyer's Agent

Marine Yoo

Real Broker LLC

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 1986

Lot Details

  • 0.41

HOA Fees

  • $248 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 874 Sq Ft Home
  • Storage Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Schools

  • Huegel Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units

Additional Features

  • Deck
  • Property is near a park

Listing and Financial Details

  • Assessor Parcel Number 0608-024-2903-0

Community Details

Overview

  • Association fees include heat, trash removal, snow removal, common area maintenance, lawn maintenance
  • 8 Units
  • Located in the Cimarron View master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,789

Year Built

Built in 1986

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Excluded: Seller's and Tenant's Personal Property.
  • Items Included: Refrigerator, dishwasher, stove, wall A/C unit.
  • Fee Includes: Heat, Trash removal, Snow removal, Common area maintenance, Lawn maintenance
  • Project Name: Cimarron View
  • Year Built: 1986
  • Above Grade Price Per Sq Ft: 194.39
  • Above Grade Sold Price Per Sq Ft: 190.05
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 874
  • Finished Above Grade Sq Ft: 874
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 14x11, On Level: M
  • Bedroom 2: Dimensions: 11x13, On Level: M
  • Kitchen: Dimensions: 8x8, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 12x20, On Level: M
  • Dining Room: Dimensions: 9x7, On Level: M
  • Basement: Full, Partially finished
  • Interior Amenities: Storage Unit Inc
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Vinyl, Brick
  • Exterior Features: Deck/Balcony, Unit Adj to Park/PubLand

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Multiple Heating Units, Wall AC
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 car Garage

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Project Adj Park/PubLand
  • Condo Fee Month: 248
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 8
  • Units in Association: 8
  • Units In Building: 8

Schools

  • School District: Madison
  • Elementary School: Huegel
  • Middle School: Toki
  • High School: Memorial
  • Elementary School: Huegel
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Zoning: SR-V1
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 15800
  • Improvements: 139700
  • Total Assessment: 155500
  • Assessment year: 2023
  • Net Taxes: 2789
  • Tax Year: 2022
  • Assessor Parcel Number: 0608-024-2903-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
May 29, 2024
Sold by
Otis Properties Llc
Bought by
Lindberg Richard John
Seller's Agent
Tommy Van Ess
First Weber Inc
Buyer's Agent
Marine Yoo
Real Broker LLC
List Price
$169,900
Sold Price
$166,100
Premium/Discount to List
-$3,800
-2.24%
Views
380
Current Estimated Value
$183,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,118
Avg. Annual Appreciation
4.66%
Original Mortgage
$157,600
Outstanding Balance
$156,184
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$20,203
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
Lindberg Richard John $166,100 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindberg Richard John $157,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $166,100 -2.2% $190 / Sq Ft
11/15/2023 11/15/23 For Sale $169,900 -- $194 / 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 $5,891 $171,100 $17,400 $153,700
2023 $2,774 $155,500 $15,800 $139,700
2021 $2,672 $127,400 $14,600 $112,800
2020 $2,347 $108,000 $14,600 $93,400
2019 $2,357 $108,000 $14,600 $93,400
2018 $1,983 $91,500 $14,600 $76,900
2017 $1,778 $79,600 $14,600 $65,000
2016 $1,675 $73,200 $14,600 $58,600
2015 $1,706 $67,000 $14,600 $52,400
2014 $1,546 $67,000 $14,600 $52,400
2013 $2,136 $69,100 $15,000 $54,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1967428

South Central Wisconsin Multiple Listing Service

APN: 0608-024-2903-0