NOT LISTED FOR SALE

307 Farwell Dr Madison, WI 53704

Estimated Value: $2,474,573 - $4,230,000

4 Beds
8 Baths
8,545 Sq Ft
$419/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $1,770,000 $207 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $22,007/month

338 Days on Market

Highlights

  • 150 Feet of Waterfront
  • 1.3 Acre Lot
  • Deck
  • Pier or Dock
  • Colonial Architecture
  • 4-minute walk to Beach Park

About This Home

As of July 2015

Beautiful, historic Maple Bluff lake home with fantastic Lake Mendota frontage offers a great combination of modern updates & old home character.An impressive staircase welcomes you into the home where you'll find a stately living rm overlooking lake, spacious formal dining rm, butler's kitchen blends nicely w/ a sleek, contemporary kitchen. Enjoy outdoors on the lake or playing tennis.Finished lower level, updated master suite, main flr office & family room w/a wet bar complete the picture.MBCC privileges. Visit us at www.sprinkmanrealestate.com

Last Agent to Sell the Property

Shelly Sprinkman

Sprinkman Real Estate License #57436-90 Listed on: 05/23/2014

Last Buyer's Agent

Shelly Sprinkman

Sprinkman Real Estate License #57436-90 Listed on: 05/23/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,118

Year Built

  • Built in 1939

Lot Details

  • 1.3 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Walkup Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Hydromassage or Jetted Bathtub
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Waterski or Wakeboard
  • Deck
  • Patio

Location

  • Property is near bus stop

Schools

  • Lakeview Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Central Air
  • Radiant Heating System
  • Water Softener
  • Cable TV Available

Community Details

Overview

  • Maple Bluff Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,118

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Municipality: Maple Bluff
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Colonial
  • Items Included: All window coverings
  • Year Built: 1939
  • Above Grade Sold Price Per Sq Ft: 221.25
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 8000
  • Finished Non Exp Sq Ft: 545
  • Finished Sq Ft: 8545
  • Bedrooms: 4
  • Main Half Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 6
  • Total Half Bathrooms: 2
  • Master Bedroom: Dimensions: 17x17, On Level: U
  • Bedroom 2: Dimensions: 17x17, On Level: U
  • Bedroom 3: Dimensions: 11x16, On Level: U
  • Bedroom 4: Dimensions: 10x17, On Level: U
  • Kitchen: Dimensions: 16x18, On Level: M
  • Kitchen Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 17x30, On Level: M
  • Dining Room: Dimensions: 16x18, On Level: M
  • Family Room: Dimensions: 22x22, On Level: M
  • Other Rooms: Den/Office, Sun Room
  • Other Room 1: Den/Office, Dimensions: 12x15, On Level: M
  • Other Room 2: Sun Room, Dimensions: 18x22, On Level: M
  • Laundry: On Level: U
  • Basement: Full, Walkout to yard, Partially finished
  • Fireplace: Wood, Gas, 3+ fireplaces
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Walk-up Attic, Washer, Dryer, Water softener inc, Jetted bathtub, Wet bar, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: Full, Walk-in Shower, Separate Tub

Exterior Features

  • Waterfront: Has actual water frontage, Lake, Dock/Pier, Water ski lake
  • Waterfront: Yes
  • Lake/River: Mendota
  • Waterfrontage: 150
  • Exterior: Wood
  • Exterior Features: Deck, Patio

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, 3 car, Attached, Heated, Opener

Utilities

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

Schools

  • Elementary School: Lakeview
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 1.3
  • Lot Description: Close to busline
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 37118
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Jul 1, 2015
Sold by
Petershack Richard E and Carrier Michele E
Bought by
Houden Christopher A and Holschuh Houden Debra A
Seller's Agent
Shelly Sprinkman
Sprinkman Real Estate
Buyer's Agent
Shelly Sprinkman
Sprinkman Real Estate
List Price
$2,200,000
Sold Price
$1,770,000
Premium/Discount to List
-$430,000
-19.55%
Current Estimated Value
$3,356,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,586,023
Avg. Annual Appreciation
6.92%
Original Mortgage
$1,239,000
Outstanding Balance
$931,829
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,648,564

Purchase Details

Closed on
Aug 10, 2011
Sold by
Petershack Richard E and Carrier Michele E
Bought by
Petershack Richard E and Carrier Michele E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Houden Christopher A $1,770,000 Attorney
Petershack Richard E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houden Christopher A $1,239,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2015 07/01/15 Sold $1,770,000 -19.5% $207 / Sq Ft
04/26/2015 04/26/15 Pending -- -- --
05/23/2014 05/23/14 For Sale $2,200,000 -- $257 / 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 $53,694 $2,334,000 $1,488,500 $845,500
2023 $52,315 $2,334,000 $1,488,500 $845,500
2022 $46,613 $2,334,000 $1,488,500 $845,500
2021 $47,596 $2,334,000 $1,488,500 $845,500
2020 $49,985 $1,917,500 $1,274,500 $643,000
2019 $44,852 $1,917,500 $1,274,500 $643,000
2018 $41,418 $1,917,500 $1,274,500 $643,000
2017 $40,533 $1,917,500 $1,274,500 $643,000
2016 $40,230 $1,917,500 $1,274,500 $643,000
2015 $37,149 $1,793,500 $1,274,500 $519,000
2014 -- $1,860,000 $1,388,800 $471,200
2013 $38,004 $1,860,000 $1,388,800 $471,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1716533

South Central Wisconsin Multiple Listing Service

APN: 0709-012-9360-1