$390,000
SOLD MAY 20, 2025

311 N Hancock St Unit 224 Madison, WI 53703

Downtown Madison Neighborhood
2 Beds
2 Baths
1,100 Sq Ft
$504/mo HOA Fee

Recently Sold

$355 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Breakfast Bar
  • Deck
  • Forced Air Cooling System
  • 2-minute walk to James Madison Park

About This Home

As of May 2025

Experience the best of downtown Madison living in this stunning 2-bedroom, 2-bath condo just steps from James Madison Park and Lake Mendota! With gorgeous hardwood floors throughout, this home exudes warmth and sophistication. The modern kitchen is equipped with high-end appliances, perfect for entertaining. Relax on your private balcony with breathtaking lake views, or take advantage of all that downtown has to offer—the Farmers' Market, dining, nightlife, and endless events are just moments away. Enjoy the convenience of underground parking, a private storage unit, and in-unit laundry. A limited number of pets are allowed, making this an exclusive opportunity for city living at its finest. Don't miss out—schedule your showing today!

Last Agent to Sell the Property

Juliana Van Eck

Sprinkman Real Estate License #88096-94 Listed on: 03/03/2025

Last Buyer's Agent

Liz Lauer

Lauer Realty Group, Inc. License #56139-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,112

Year Built

  • Built in 1986

HOA Fees

  • $504 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • Wood Burning Fireplace
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • East Elementary School
  • Okeeffe Middle School
  • East High School

Additional Features

  • Deck
  • Lake Front
  • Property is near a bus stop
  • Forced Air Cooling System

Community Details

  • Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 45 Units
  • Located in the Nichols Station master-planned community
  • Property Manager

Listing and Financial Details

  • Assessor Parcel Number 0709-133-4920-9

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,112

Year Built

Built in 1986

Lot Details

0

HOA Fees

$504 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: Refrigerator, Oven, Cooktop, Dishwasher, Microwave, Washer, Dryer
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Nichols Station
  • Year Built: 1986
  • Above Grade Price Per Sq Ft: 363.55
  • Above Grade Sold Price Per Sq Ft: 354.55
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1100
  • Finished Above Grade Sq Ft: 1100
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 15x11, On Level: M
  • Bedroom 2: Dimensions: 12x11, On Level: M
  • Kitchen: Dimensions: 8x8, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 19x12, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Wood
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Storage Unit Inc
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Waterfront: Waterview-No frontage, Lake
  • Exterior: 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, 1 space assigned

Condo/Co-op/Association

  • Common Amenities: Close to busline
  • Condo Fee Month: 504
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 45
  • Units in Association: 45
  • Units In Building: 45

Schools

  • School District: Madison
  • Elementary School: East
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: East
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 39900
  • Improvements: 300100
  • Total Assessment: 340000
  • Assessment year: 2024
  • Net Taxes: 6112
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-133-4920-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
May 23, 2025
Sold by
Remmel Alivia D
Bought by
Trexler Andrew and Graunke Hannah
Seller's Agent
Juliana Van Eck
Sprinkman Real Estate
Buyer's Agent
Liz Lauer
Lauer Realty Group, Inc.
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.09%
Original Mortgage
$312,000
Outstanding Balance
$312,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$85,801

Purchase Details

Listed on
Mar 3, 2025
Closed on
May 20, 2025
Sold by
Johnson Arlene Z and Johnson Randall R
Bought by
Trexler Andrew and Graunke Hannah
Seller's Agent
Juliana Van Eck
Sprinkman Real Estate
Buyer's Agent
Liz Lauer
Lauer Realty Group, Inc.
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$312,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$85,801

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 24, 2023
Sold by
Kapoor Puneet and Kapoor Nidhi
Bought by
Johnson Arlene Z and Johnson Randall R
Seller's Agent
Erin Halvorson
First Weber Inc
Buyer's Agent
Juliana Van Eck
Sprinkman Real Estate
List Price
$363,000
Sold Price
$355,000
Premium/Discount to List
-$8,000
-2.2%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$290,400
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 1, 2022
Sold by
Hickey Colin W
Bought by
Kappor Puneet and Kapoor Nidhi
Seller's Agent
Lindsay Koth
Bunbury & Assoc, REALTORS
Buyer's Agent
Donna Cross
Keller Williams Realty Signature
List Price
$345,000
Sold Price
$363,000
Premium/Discount to List
$18,000
5.22%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.54%
Original Mortgage
$290,400
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Nichols Station Condominiums Inc
Bought by
Hickey Colin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,900
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $97,500 Nations Title
Warranty Deed $292,500 Nations Title
Deed $355,000 --
Deed $363,000 --
Corporate Deed $254,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,000 New Conventional
Previous Owner $290,400 New Conventional
Previous Owner $205,000 New Conventional
Previous Owner $290,400 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $204,000 New Conventional
Previous Owner $25,500 Credit Line Revolving
Previous Owner $203,900 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $390,000 -2.5% $355 / Sq Ft
03/03/2025 03/03/25 For Sale $399,900 +12.6% $364 / Sq Ft
02/24/2023 02/24/23 Sold $355,000 -2.2% $323 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $363,000 +2.3% $330 / Sq Ft
01/07/2023 01/07/23 Off Market $355,000 -- --
01/06/2023 01/06/23 For Sale $363,000 0.0% $330 / Sq Ft
12/12/2022 12/12/22 Sold $363,000 +5.2% $330 / Sq Ft
11/04/2022 11/04/22 For Sale $345,000 -- $314 / 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 $11,871 $340,000 $39,900 $300,100
2023 $6,112 $339,200 $39,900 $299,300
2021 $6,482 $303,600 $39,900 $263,700
2020 $6,220 $278,500 $36,600 $241,900
2019 $5,781 $257,900 $36,600 $221,300
2018 $5,394 $241,000 $36,600 $204,400
2017 $5,547 $241,000 $36,600 $204,400
2016 $5,375 $227,400 $33,300 $194,100
2015 $4,837 $182,400 $30,300 $152,100
2014 $4,341 $182,400 $30,300 $152,100
2013 $4,393 $190,000 $30,300 $159,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1994422

South Central Wisconsin Multiple Listing Service

APN: 0709-133-4920-9