NOT LISTED FOR SALE

305 Island Dr Madison, WI 53705

Faircrest Neighborhood

Estimated Value: $463,000 - $506,000

3 Beds
1.5 Baths
2,057 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $268,000 $130 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,056/month

91 Days on Market

Highlights

  • Property is near park and bus stop
  • Recreation Room
  • Wood Flooring
  • Spring Harbor Middle School Rated A-
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of January 2020

$15K Below Assessed Value! Move-in ready & highly sought central location! Established quiet neighborhood just minutes from downtown/UW Campus, parks, trails, restaurants, Hilldale & West Town Malls. Beautiful hardwood oak floors on main level & all 3 bedrooms. Snuggle up to wood or gas fireplace in your cozy main level family room, grill out on brick patio, entertain & dine on your lg screened in porch overlooking your private backyard. LL w/ huge rec room & workshop/office/game room. Add egress window & shower & increase equity to 4Bed/2Bath! Solid bones. Great investment opportunity. Motivated Seller. Sleep easy - home warranty included.

Last Agent to Sell the Property

Sue Romens

EXP Realty, LLC License #59246-90 Listed on: 09/09/2019

EXP Realty, LLC

Co-Listed By

Rachel Romens

EXP Realty, LLC License #59270-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,417

Year Built

  • Built in 1964

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 145' x 77' x 167' x 100'
  • Level Lot
  • Wooded Lot
  • Property is zoned SR-C1

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Den
  • Recreation Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Basement Windows

Parking

  • Attached Garage
  • Basement Garage
  • Garage ceiling height seven feet or more
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Grab Bar In Bathroom
  • Accessible Bedroom
  • Accessible Doors
  • Low Pile Carpeting

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Radiant Heating System
  • Water Softener
  • Cable TV Available

Additional Features

  • Patio
  • Property is near park and bus stop

Community Details

  • Faircrest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,417

Year Built

Built in 1964

Lot Details

0.31 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: Multi-level
  • Architecture: Bi-level
  • Barrier Free: First floor bedroom, First floor full bath, Grab bars in bath, Level drive, Level lot, Width of hallways 36"+, Door openings 29+, Low pile or no carpeting
  • Items Excluded: Seller's personal property
  • Items Included: Stove/range, refrigerator, dishwasher, microwave, washer/dryer, water softener, central AC, boiler furnace, window coverings
  • Year Built: 1964
  • Above Grade Sold Price Per Sq Ft: 170.05
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Above Grade Finished Sq Ft: 1576
  • Finished Non Exp Sq Ft: 481
  • Finished Sq Ft: 2057
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 15x11, On Level: M
  • Bedroom 2: Dimensions: 12x11, On Level: M
  • Bedroom 3: Dimensions: 10x10, On Level: M
  • Kitchen: Dimensions: 17x11, On Level: M
  • Kitchen Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x13, On Level: M
  • Dining Area: Dimensions: 12x10, On Level: M
  • Family Room: Dimensions: 15x13, On Level: M
  • Other Rooms: Den/Office, Foyer, Rec Room, Screened Porch
  • Other Room 1: Screened Porch, Dimensions: 13x13, On Level: M
  • Other Room 2: Rec Room, Dimensions: 24x18, On Level: L
  • Other Room 3: Foyer, Dimensions: 6x5, On Level: M
  • Other Room 4: Den/Office, Dimensions: 14x10, On Level: L
  • Laundry: Dimensions: 10x6, On Level: L
  • Basement: Full, Full Size Windows/Exposed, Partially finished, Poured concrete foundatn
  • Fireplace: Wood, Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Aluminum/Steel, Brick
  • Exterior Features: Patio

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Attached, Under, Opener, Access to Basement, Garage door > 8 ft high
  • Total Full Garage Stalls: 2

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.31
  • Lot Description: Wooded, Close to busline, Adjacent park/public land, Sidewalk
  • Lot Dimensions: 145' x 77' x 167' x 100'
  • Zoning: SR-C1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6417
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Jan 24, 2020
Sold by
Mcgiverin Kevin F and Cieslewicz Therese
Bought by
Meyer Katelyn and Meyer Carl
Seller's Agent
Sue Romens
EXP Realty, LLC
List Price
$296,000
Sold Price
$268,000
Premium/Discount to List
-$28,000
-9.46%
Current Estimated Value
$492,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,770
Avg. Annual Appreciation
10.43%
Original Mortgage
$259,960
Outstanding Balance
$228,309
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$264,461
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
Meyer Katelyn $268,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Katelyn $259,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $268,000 -5.0% $130 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
11/08/2019 11/08/19 Price Changed $282,000 -1.7% $137 / Sq Ft
10/17/2019 10/17/19 Price Changed $287,000 -3.0% $140 / Sq Ft
09/27/2019 09/27/19 For Sale $296,000 +10.4% $144 / Sq Ft
09/12/2019 09/12/19 Off Market $268,000 -- --
09/09/2019 09/09/19 For Sale $296,000 -- $144 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $15,433 $440,600 $162,000 $278,600
2023 $7,439 $411,800 $151,400 $260,400
2022 $13,899 $355,000 $130,500 $224,500
2021 $6,622 $312,000 $115,500 $196,500
2020 $6,596 $297,100 $110,000 $187,100
2019 $6,623 $297,100 $106,800 $190,300
2018 $6,417 $288,400 $101,700 $186,700
2017 $6,330 $274,700 $96,900 $177,800
2016 $6,101 $264,100 $93,200 $170,900
2015 $6,064 $253,800 $89,600 $164,200
2014 $5,940 $253,800 $89,600 $164,200
2013 $5,576 $237,200 $83,700 $153,500
Source: Public Records

Agents Affiliated with this Home

  • Sue Romens

    Seller's Agent in 2020

    Sue Romens

    EXP Realty, LLC

    (608) 212-0829

    1 in this area

    68 Total Sales

    Sue Romens
    Section Image
  • Rachel Romens

    Seller Co-Listing Agent in 2020

    Rachel Romens

    EXP Realty, LLC

    (608) 445-0836

    47 Total Sales

    Rachel Romens
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1868230

South Central Wisconsin Multiple Listing Service

APN: 0708-244-1210-3

Wisconsin Dane County Madison 53705 Faircrest

305 Island Dr, Madison, WI

Not Listed for Sale

Detached

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