NOT LISTED FOR SALE

307 Lance Ln Madison, WI 53716

Lake Edge Neighborhood

Estimated Value: $382,936 - $419,000

3 Beds
1.5 Baths
1,480 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $229,500 $155 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,114/month

22 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Great Room
  • Recreation Room
  • Wood Flooring
  • Detached Garage

About This Home

As of May 2018

MOTIVATED SELLER!! Welcome home to this pristine ranch! Located on Madison's East Side along the "Lake Loop" bike path and within minutes to schools, parks, restaurants and Monona Golf Course! Recent updates in the past year: furnace, a/c, windows, SS appliances, kitchen cabinets & countertops, new kitchen & family room flooring, garage roof & vinyl siding, 14x24 deck! Water heater in 16, washer & dryer in 15! Hardwood floors refinished & fresh paint through-out! Spacious lot with hearth for entertaining & cook outs. 5 STAR! A MUST SEE! Home being sold "as is" condition.

Last Agent to Sell the Property

Steven Annen

First Weber Inc License #61031-94 Listed on: 04/11/2018

First Weber Inc

Last Buyer's Agent

Tony Ritschard

First Weber Inc License #51680-94

First Weber Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,807

Year Built

  • Built in 1948

Lot Details

  • 0.41 Acre Lot
  • Level Lot
  • Property is zoned SR-C1

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Great Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Shower Only

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway Level
  • Unpaved Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Outdoor Features

  • Deck

Schools

  • Allis Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • Cable TV Available

Community Details

  • Quaker Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,807

Year Built

Built in 1948

Lot Details

0

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: First floor bedroom, First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Sellers Personal Property.
  • Items Included: Refrigerator, Range/Oven, Dishwasher, Microwave, Disposal, Washer/Dryer, Water Softener, All Window Coverings, Garage Opener & Control.
  • Year Built: 1948
  • Above Grade Sold Price Per Sq Ft: 216.51
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1060
  • Finished Non Exp Sq Ft: 420
  • Finished Sq Ft: 1480
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 10x13, On Level: M
  • Bedroom 2: Dimensions: 10x12, On Level: M
  • Bedroom 3: Dimensions: 10x9, On Level: M
  • Kitchen: Dimensions: 10x17, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 14x17, On Level: M
  • Family Room: Dimensions: 12x13, On Level: M
  • Other Rooms: Rec Room
  • Other Room 1: Rec Room, Dimensions: 13x31, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Partially finished, Toilet only, Shower only, Block foundation
  • Fireplace: Wood, 1 fireplace, Free standing STOVE
  • Interior Amenities: Wood or sim. wood floor, Great room, Washer, Dryer, Water softener inc, Cable available
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel
  • Exterior Features: Deck

Garage/Parking

  • Driveway: Paved, Unpaved
  • Garage: 1 car, Detached, Opener
  • Total Full Garage Stalls: 1

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.41
  • Zoning: SR-C1
  • Geo Subdivision: WI

Green Features

  • Energy Eff Green: Energy Star Appliance(s)

Tax Info

  • Net Taxes: 3807
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 25, 2018
Sold by
Gullick James A
Bought by
Baillies Nicholas and Kramer Craig
Seller's Agent
Steven Annen
First Weber Inc
Buyer's Agent
Tony Ritschard
First Weber Inc
List Price
$249,500
Sold Price
$229,500
Premium/Discount to List
-$20,000
-8.02%
Current Estimated Value
$406,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,734
Avg. Annual Appreciation
7.78%
Original Mortgage
$183,700
Outstanding Balance
$158,172
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$248,062

Purchase Details

Closed on
Feb 27, 2017
Sold by
Norton Kenneth H
Bought by
Gullick James A
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
Baillies Nicholas $229,500 Knight Barry Title
Gullick James A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baillies Nicholas $183,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $229,500 -2.1% $155 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
05/02/2018 05/02/18 Price Changed $234,500 -2.1% $158 / Sq Ft
04/25/2018 04/25/18 Price Changed $239,500 -4.0% $162 / Sq Ft
04/16/2018 04/16/18 For Sale $249,500 +8.7% $169 / Sq Ft
04/12/2018 04/12/18 Off Market $229,500 -- --
04/11/2018 04/11/18 For Sale $249,500 -- $169 / 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 $11,903 $356,100 $95,100 $261,000
2023 $5,489 $323,100 $86,300 $236,800
2021 $4,891 $245,600 $76,100 $169,500
2020 $4,884 $229,500 $71,100 $158,400
2019 $4,879 $229,500 $67,700 $161,800
2018 $3,619 $172,500 $66,500 $106,000
2017 $3,807 $172,500 $66,500 $106,000
2016 $4,612 $175,900 $63,300 $112,600
2015 $3,851 $167,500 $48,200 $119,300
2014 $3,849 $167,500 $48,200 $119,300
2013 $4,273 $162,600 $48,200 $114,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Steven Annen

    First Weber Inc

    (608) 577-6540

    1 in this area

    29 Total Sales

    Steven Annen
    Section Image
  • Tony Ritschard

    Buyer's Agent in 2018

    Tony Ritschard

    First Weber Inc

    (608) 279-0305

    78 Total Sales

    Tony Ritschard
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1827340

South Central Wisconsin Multiple Listing Service

APN: 0710-162-0801-1

Wisconsin Dane County Madison 53716 Lake Edge

307 Lance Ln, Madison, WI

Not Listed for Sale

Detached

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