NOT LISTED FOR SALE

Estimated Value: $261,654 - $273,000

2 Beds
2 Baths
1,206 Sq Ft
$372/mo HOA Fee

Last Sold July 11, 2023

Last sale price $229,000 $190 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,028/month

2 Days on Market

Highlights

  • Fitness Center
  • Indoor Pool
  • Clubhouse
  • Spring Harbor Middle School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of July 2023

Remarkably affordable opportunity on Madison's west side. This unit will require some work, but it's a steal at this price. Unit needs cleaning, flooring, paint, window replacement and love, but someone is going to have an exceptional investment opportunity if willing to put in some money and work. Two bedrooms. Two bathrooms. Southwest exposure off of Junction Rd with great views and light. High ceilings. Open kitchen. In unit laundry. 2 parking spaces! Generous storage unit. Great west side location with quick access to everything. Community room and pool. Reasonable condo fee. Out of state seller has found some excellent options for contractors for improvements and is willing to share info with buyers. If you're up for doing some work, you better come see this one. So much potential. Contact Gene Van Buren @ (608) 213-0010 or GVB@GeneVanBuren.com for more info or a private showing.

Last Agent to Sell the Property

Gene Van Buren

Restaino & Associates License #55400-90 Listed on: 06/16/2023

Restaino & Associates

Last Buyer's Agent

Wanda Roche

Compass Real Estate Wisconsin License #55766-90

Compass Real Estate Wisconsin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,983

Year Built

  • Built in 1998

Lot Details

  • 4.08

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,206 Sq Ft Home
  • Open Floorplan

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Indoor Pool
  • Deck

Location

  • Property is near bus stop

Schools

  • Stephens Elementary School
  • Jefferson Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0708-224-1444-0

Community Details

Overview

  • Association fees include parking, trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund
  • 97 Units
  • Located in the Junction Point master-planned community
  • Property Manager

Amenities

  • Clubhouse

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,983

Year Built

Built in 1998

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, Conversion
  • Barrier Free: Open floor plan, Ramped or level entrance, Elevator
  • Items Excluded: Seller's personal property
  • Items Included: Refrigerator, range/oven, microwave, dishwasher, washer, dryer, living room blinds
  • Fee Includes: Parking, Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund
  • Project Name: Junction Point
  • Year Built: 1998
  • Above Grade Sold Price Per Sq Ft: 189.88
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1206
  • Finished Above Grade Sq Ft: 1206
  • Bedrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 12x12, On Level: M
  • Bedroom 2: Dimensions: 11x15, On Level: M
  • Kitchen: Dimensions: 10x11, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 14x16, On Level: M
  • Dining Room: Dimensions: 10x12, On Level: M
  • Other Room 1: Storage Unit, Dimensions: 8x8, On Level: U
  • In Unit Laundry Lvl: M
  • Basement: None, Poured concrete foundatn
  • Interior Amenities: Walk-in closet(s), Washer, Dryer, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 3
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Vinyl, Brick, Stone
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, Heated, 2+ spaces assigned, Opener inc

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Exercise room, Close to busline, Elevator, Indoor Pool
  • Condo Fee Month: 372
  • Condo Management: Professional offsite
  • Units in Association: 97
  • Units In Building: 97

Schools

  • Elementary School: Stephens
  • High School: Memorial
  • Middle School: Jefferson
  • School District: Madison

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3983
  • Tax Year: 2022
  • Assessor Parcel Number: 0708-224-1444-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jul 10, 2023
Sold by
Vaughn Thomas E
Bought by
Ward-Shaw Ella T B and Vaughn Brandon
Seller's Agent
Gene Van Buren
Restaino & Associates
Buyer's Agent
Wanda Roche
Compass Real Estate Wisconsin
List Price
$215,000
Sold Price
$229,000
Premium/Discount to List
$14,000
6.51%
Views
92
Current Estimated Value
$265,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,914
Avg. Annual Appreciation
6.16%
Original Mortgage
$194,650
Outstanding Balance
$190,007
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$75,907

Purchase Details

Closed on
Aug 29, 2005
Sold by
Prdc Juntion Point Inc
Bought by
Vaughn Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,950
Interest Rate
5.8%
Mortgage Type
Unknown
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
Ward-Shaw Ella T B $229,000 None Listed On Document
Vaughn Thomas E $169,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward-Shaw Ella T B $194,650
Previous Owner Vaughn Thomas E $33,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2023 07/11/23 Sold $229,000 +6.5% $190 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $215,000 -- $178 / 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
2023 $4,039 $225,800 $18,600 $207,200
2022 $7,967 $205,300 $18,600 $186,700
2021 $3,786 $180,100 $18,600 $161,500
2020 $3,702 $168,300 $17,400 $150,900
2019 $3,311 $150,300 $17,400 $132,900
2018 $2,945 $134,200 $17,100 $117,100
2017 $3,052 $134,200 $17,100 $117,100
2016 $2,845 $122,000 $15,500 $106,500
2015 $2,876 $122,000 $15,500 $106,500
2014 $2,878 $122,000 $15,500 $106,500
2013 $3,421 $128,400 $15,500 $112,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1958018

South Central Wisconsin Multiple Listing Service

APN: 0708-224-1444-0