$231,000
SOLD JUN 16, 2023
1 Bed
1 Bath
508 Sq Ft
$391/mo HOA Fee

Recently Sold

$455 Per Sq Ft

28 Days on Market

Highlights

  • Rooftop Deck
  • Bathtub
  • Resident Manager or Management On Site
  • Hamilton Middle School Rated A
  • Breakfast Bar
  • Storage Room

About This Home

As of January 2025

Enter downtown living at an affordable price point! This adorable 1bed/1bath condo gets you right in the heart of all the action at a price of $230K. Efficient layout with in unit laundry, french terrace, covered parking and storage. Fresh paint and a $2,000 credit for flooring. Excellent location near UW-Madison, Downtown, Lakes Monona/Mendota, Kohls Center, Shops and Restaurants. Don't miss it!

Last Agent to Sell the Property

The Hub Team

The Hub Realty Listed on: 04/19/2023

Last Buyer's Agent

Spencer Schumacher

Spencer Real Estate Group License #58017-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,205

Year Built

  • Built in 2007

HOA Fees

  • $391 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 508 Sq Ft Home
  • Storage Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Bedroom

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 0709-231-6306-1

Community Details

Overview

  • Association fees include hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 164 Units
  • Located in the Metropolitan Place master-planned community
  • The community has rules related to parking rules
  • Greenbelt

Amenities

  • Rooftop Deck

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,205

Year Built

Built in 2007

Lot Details

0

HOA Fees

$391 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: First floor bedroom, First floor full bath, Elevator
  • Fee Includes: Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Metropolitan Place
  • Year Built: 2007
  • Above Grade Price Per Sq Ft: 452.76
  • Above Grade Sold Price Per Sq Ft: 454.72
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 508
  • Finished Above Grade Sq Ft: 508
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: On Level: M
  • Kitchen: On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher
  • Living Room: On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Washer, Dryer, Storage Unit Inc, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Heat pump, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Attached, 1 space assigned, Parking fee

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline, Elevator, Rooftop common area, Fire Sprinkler System
  • Condo Fee Month: 391
  • Condo Management: Professional onsite
  • Proposed Units In Assoc: 338
  • Units in Association: 338
  • Units In Building: 164

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: PD
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 44900
  • Improvements: 121100
  • Total Assessment: 166000
  • Assessment year: 2022
  • Net Taxes: 3205
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-231-6306-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Jan 23, 2025
Sold by
Kochera Brandilyn Lea
Bought by
Guenther Ace
Seller's Agent
Spencer Schumacher
Spencer Real Estate Group
Buyer's Agent
Tiffany Esau
Metro Brokers/Duane Reed
List Price
$240,000
Sold Price
$238,000
Premium/Discount to List
-$2,000
-0.83%
Views
56
Current Estimated Value
$242,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,269
Avg. Annual Appreciation
5.65%
Original Mortgage
$238,000
Outstanding Balance
$237,587
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
$5,706

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jun 9, 2023
Sold by
Schraven Ted M
Bought by
Kochera Brandilyn Lea
Seller's Agent
The Hub Team
The Hub Realty
Buyer's Agent
Spencer Schumacher
Spencer Real Estate Group
List Price
$230,000
Sold Price
$231,000
Premium/Discount to List
$1,000
0.43%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$207,900
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2007
Sold by
Buckingham Llc
Bought by
Schraven Ted M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
6.77%
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
Warranty Deed $238,000 None Listed On Document
Deed $231,000 None Listed On Document
Condominium Deed $118,000 Wisconsin Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,000 VA
Previous Owner $207,900 New Conventional
Previous Owner $91,500 Unknown
Previous Owner $88,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $238,000 -0.8% $469 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $240,000 +0.8% $472 / Sq Ft
11/26/2024 11/26/24 Off Market $238,000 -- --
06/16/2023 06/16/23 Sold $231,000 +0.4% $455 / Sq Ft
05/19/2023 05/19/23 For Sale $230,000 -0.4% $453 / Sq Ft
04/20/2023 04/20/23 Off Market $231,000 -- --
04/19/2023 04/19/23 For Sale $230,000 -- $453 / 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 $7,410 $214,000 $44,900 $169,100
2023 $3,249 $182,600 $44,900 $137,700
2021 $3,159 $150,900 $44,900 $106,000
2020 $3,311 $150,900 $44,900 $106,000
2019 $3,325 $150,900 $44,900 $106,000
2018 $2,929 $133,500 $44,900 $88,600
2017 $3,036 $133,500 $40,800 $92,700
2016 $3,120 $133,500 $37,100 $96,400
2015 $2,999 $127,100 $19,500 $107,600
2014 $3,002 $127,100 $19,500 $107,600
2013 $2,712 $121,000 $19,500 $101,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1954064

South Central Wisconsin Multiple Listing Service

APN: 0709-231-6306-1