$170,500
SOLD FEB 18, 2025
1 Bed
1 Bath
582 Sq Ft
$323/mo HOA Fee

Recently Sold

$293 Per Sq Ft

7% Above List Price

5 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Garden Home
  • Hamilton Middle School Rated A
  • Laundry Facilities
  • 3-minute walk to Brittingham Park

About This Home

As of February 2025

Opportunities like this do not come around often. This is your chance to own a downtown Madison condo for less than assessed value. Nestled just 3 blocks off the square, this small association is perfect for someone who wants to be close to all that downtown has to offer! With your one private off-street parking space, you'll have easy access to John Nolen Dr. When you decide to walk you'll be just minutes from the Monona Terrace, Capitol Square, State Street, and more! Priced to sell, this unit was smoked in by the current owner. With some deep cleaning, painting, and other updating you can call downtown Madison home and an unbeatable price! For additional storage, you have a storage unit in the basement along with shared laundry.

Last Agent to Sell the Property

Andrew Willits

Keller Williams Realty Brokerage Phone: 608-535-9909 License #58571-90 Listed on: 01/10/2025

Keller Williams Realty

Last Buyer's Agent

Lori Murphy

Sprinkman Real Estate License #80364-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,011

Year Built

  • Built in 1940

HOA Fees

  • $323 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 582 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near a bus stop

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0709-231-3903-8

Community Details

Overview

  • Association fees include parking, heat, hot water, trash removal, common area maintenance, common area insurance, reserve fund
  • 4 Units
  • Located in the Wilson St. Condos master-planned community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,011

Year Built

Built in 1940

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Excluded: Seller's Personal Property
  • Items Included: Refrigerator, Range/Oven, Dishwasher, parcel #070923149037
  • Fee Includes: Parking, Heat, Hot Water, Trash removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Wilson St. Condos
  • Year Built: 1940
  • Above Grade Price Per Sq Ft: 274.91
  • Above Grade Sold Price Per Sq Ft: 292.96
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 582
  • Finished Above Grade Sq Ft: 582
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 11x10, On Level: M
  • Kitchen: Dimensions: 8x7, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher
  • Living Room: Dimensions: 16x10, On Level: M
  • Basement: Full
  • Interior Amenities: Wood or sim. wood floors, Cable/Satellite Available
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 space assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 323
  • Condo Management: Unit Owners
  • Proposed Units In Assoc: 4
  • Units in Association: 4
  • Units In Building: 4

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Zoning: R6
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 68500
  • Improvements: 108100
  • Total Assessment: 176600
  • Assessment year: 2024
  • Net Taxes: 3011
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-231-3903-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Feb 5, 2025
Sold by
Olson David S
Bought by
Lawson Nicholas D
Seller's Agent
Andrew Willits
Keller Williams Realty
Buyer's Agent
Lori Murphy
Sprinkman Real Estate
List Price
$160,000
Sold Price
$170,500
Premium/Discount to List
$10,500
6.56%
Views
87
Current Estimated Value
$178,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,549
Avg. Annual Appreciation
14.03%
Original Mortgage
$136,400
Outstanding Balance
$136,173
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$41,876

Purchase Details

Closed on
Nov 11, 2011
Sold by
Neary Colleen
Bought by
Olson David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,625
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2007
Sold by
Paustian Daniel E and Paustian Megan Cole
Bought by
Neary Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,190
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Deed $170,500 None Listed On Document
Condominium Deed $107,500 None Available
Warranty Deed $127,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,400 New Conventional
Previous Owner $80,625 New Conventional
Previous Owner $123,190 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $170,500 +6.6% $293 / Sq Ft
01/15/2025 01/15/25 For Sale $160,000 -6.2% $275 / Sq Ft
01/10/2025 01/10/25 Off Market $170,500 -- --
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 $5,820 $169,100 $68,300 $100,800
2023 $2,721 $153,700 $68,300 $85,400
2021 $2,595 $124,700 $68,300 $56,400
2020 $2,469 $113,400 $62,100 $51,300
2019 $2,479 $113,400 $62,100 $51,300
2018 $2,310 $106,000 $58,000 $48,000
2017 $2,394 $106,000 $58,000 $48,000
2016 $2,317 $100,000 $52,700 $47,300
2015 $2,343 $100,000 $35,100 $64,900
2014 $2,345 $100,000 $35,100 $64,900
2013 $2,502 $100,000 $35,100 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1991638

South Central Wisconsin Multiple Listing Service

APN: 0709-231-3903-8