NOT LISTED FOR SALE

305 Milky Way Madison, WI 53718

East Madison Neighborhood

Estimated Value: $484,464 - $532,000

4 Beds
3 Baths
2,353 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $460,000 $195 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,131/month

6 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Wood Flooring
  • National Green Building Certification (NAHB)
  • Ranch Style House
  • Corner Lot

About This Home

As of May 2023

Spectacular Ranch home in popular Grandview Commons neighborhood. Walk to 1 acre park, Metro Market grocery store, Great Dane Pub/Restaurant and much more. Over 2,300 sq/ft, 3 full bathrooms and professionally finished lower level. Main floor begins with spacious foyer (large coat closet/room for show removing bench). COOKS KITCHEN ( ton of counter space, maple cabinets w/ crown molding, pantry, island w/ breakfast bar, SS appliances, easy deck access for grilling). Dining area (room for large table). Living room (bright & sunny, TV wall mount). PRIMARY BEDROOM (trey ceiling, en suite, walk in closet). Two additional bedrooms w/ large closets. Hall bathroom. Laundry/mudroom. LL w/ (4th bedroom, full bathroom, HUGE family room w/ wet bar, large windows).

Last Agent to Sell the Property

Jeff Kramer

Century 21 Affiliated License #53816-90 Listed on: 04/17/2023

Century 21 Affiliated

Last Buyer's Agent

Julian Walters

Realty of America, LLC License #91567-94

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,508

Year Built

  • Built in 2020

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Property is zoned TR-P

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Radon Mitigation System

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Low Emissivity Windows
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Windows

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Doors

Eco-Friendly Details

  • National Green Building Certification (NAHB)
  • Air Cleaner

Outdoor Features

  • Deck

Schools

  • Kennedy Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Cooling System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • Built by Veridian
  • Grandview Commons Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,508

Year Built

Built in 2020

Lot Details

0

HOA Fees

$15 per month

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, Width of hallways 36"+, Door openings 29+
  • Homebuilder: Veridian
  • Items Excluded: All curtains
  • Items Included: Kitchen refrigerator, stove/range, dishwasher, microwave, washer, dryer, water softener, LL bar fridge, all wall mounted TV mounts, blinds
  • Year Built: 2020
  • Above Grade Sold Price Per Sq Ft: 310.39
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1482
  • Finished Non Exp Sq Ft: 871
  • Finished Sq Ft: 2353
  • Bedrooms: 4
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Master Bedroom: Dimensions: 13x13, On Level: M
  • Bedroom 2: Dimensions: 12x9, On Level: M
  • Bedroom 3: Dimensions: 10x10, On Level: M
  • Bedroom 4: Dimensions: 11x11, On Level: L
  • Kitchen: Dimensions: 12x9, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 15x13, On Level: M
  • Dining Area: Dimensions: 15x10, On Level: M
  • Family Room: Dimensions: 35x18, On Level: L
  • Laundry: Dimensions: 9x5, On Level: M
  • Basement: Full, Full Size Windows/Exposed, Partially finished, Sump pump, Radon Mitigation System, Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Washer, Dryer, Air cleaner, Water softener inc, Wet bar, Cable available, At Least 1 tub, Internet - Cable
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck

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

Condo/Co-op/Association

  • Annual HOA Fees: 175

Schools

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

Lot Info

  • Estimated Aces: 0.15
  • Lot Description: Corner, Sidewalk
  • Zoning: TR-P
  • Geo Subdivision: WI

Green Features

  • Energy Eff Green: Green Building Cert., Low E Windows, Low VOC Materials

Tax Info

  • Net Taxes: 7508
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 24, 2023
Sold by
Hall David Jeffrey and Hall Stacey Jackson
Bought by
Chasi Shamiso E and Chasi Eunice
Seller's Agent
Jeff Kramer
Century 21 Affiliated
Buyer's Agent
Julian Walters
Realty of America, LLC
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%
Views
3
Current Estimated Value
$499,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,866
Avg. Annual Appreciation
3.51%
Original Mortgage
$446,200
Outstanding Balance
$433,793
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$66,073

Purchase Details

Listed on
Feb 24, 2020
Closed on
Jul 2, 2020
Sold by
Mrec Vh Grandview Commons Llc
Bought by
Hall David Jeffrey and Hall Stacey Jackson
Seller's Agent
Scott Kramer
Stark Company, REALTORS
Buyer's Agent
Jeff Kramer
Century 21 Affiliated
List Price
$319,900
Sold Price
$319,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$303,905
Interest Rate
3.1%
Mortgage Type
Construction
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
Chasi Shamiso E $460,000 First American Title
Hall David Jeffrey $319,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chasi Shamiso E $446,200
Previous Owner Hall David Jeffrey $303,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $460,000 +2.4% $195 / Sq Ft
04/17/2023 04/17/23 For Sale $449,000 +40.4% $191 / Sq Ft
07/02/2020 07/02/20 Sold $319,900 0.0% $216 / Sq Ft View Prior Sale
05/14/2020 05/14/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $319,900 -- $216 / 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 $16,120 $460,000 $81,900 $378,100
2023 $7,607 $421,000 $75,800 $345,200
2021 $7,312 $344,100 $59,700 $284,400
2020 $1,278 $56,900 $56,900 $0
2019 $214 $9,500 $9,500 $0
2018 $214 $9,500 $9,500 $0
2017 $222 $9,500 $9,500 $0
2016 $2 $100 $100 $0
2015 $2 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Kramer

    Seller's Agent in 2023

    Jeff Kramer

    Century 21 Affiliated

    (608) 235-1081

    4 in this area

    142 Total Sales

    Jeff Kramer
    Section Image

  • J

    Buyer's Agent in 2023

    Julian Walters

    Realty of America, LLC

    (608) 831-0800

    2 in this area

    20 Total Sales

    Julian Walters
    Section Image
  • Scott Kramer

    Seller's Agent in 2020

    Scott Kramer

    Stark Company, REALTORS

    (608) 444-4410

    24 in this area

    282 Total Sales

    Scott Kramer
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1953803

South Central Wisconsin Multiple Listing Service

APN: 0710-023-0701-7

Wisconsin Dane County Madison 53718 East Madison

305 Milky Way, Madison, WI

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