NOT LISTED FOR SALE

Estimated Value: $450,000 - $500,000

2 Beds
2 Baths
1,261 Sq Ft
$471/mo HOA Fee

Last Sold June 29, 2023

Last sale price $430,000 $341 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,547/month

3 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Hamilton Middle School Rated A
  • Deck
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2023

Inviting corner unit in popular Metropolitan Place in the heart of downtown Madison. An open kitchen and living room feature granite counters and stainless steel appliances. Beautiful cherry wood floors flow through the main living area and you'll be welcomed by a gas fireplace and spacious private terrace. Fresh paint and carpet throughout. Both bedrooms feature walk-in closets. The Primary Bedroom has large windows with natural light and a two way fireplace. Private master bathroom has a jetted soaking tub and laundry room. The 2nd bedroom also boasts natural light and proximity to the 2nd bath. Pets allowed, 1 private parking space, as well as amenities like an acre terrace, fitness center and onsite management. Within walking distance to everything, enjoy downtown living at its finest!

Last Agent to Sell the Property

Matt Heilman

Compass Real Estate Wisconsin License #79737-94 Listed on: 05/18/2023

Compass Real Estate Wisconsin

Last Buyer's Agent

Kayleigh Cleary

Stark Company, REALTORS License #77986-94

Stark Company, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,038

Year Built

  • Built in 2007

Lot Details

  • 1.46

HOA Fees

  • $471 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 1,261 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Bedroom
  • Halls are 36 inches wide or more
  • Stair Lift
  • Accessible Doors
  • Low Pile Carpeting

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 0709-231-6313-6

Community Details

Overview

  • Association fees include parking, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 338 Units
  • Located in the Metropolitan Place master-planned community
  • Greenbelt

Amenities

  • Elevator

Recreation

Security

  • Resident Manager or Management On Site
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,038

Year Built

Built in 2007

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, End Unit
  • Barrier Free: Open floor plan, First floor bedroom, Stall shower, Width of hallways 36in+, Door openings 29in+, Low pile or no carpeting, Stair Lift
  • Items Excluded: Sellers personal property
  • Items Included: Range/oven, refrigerator, dishwasher, washer, dryer, window coverings
  • Fee Includes: Parking, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Metropolitan Place
  • Year Built: 2007
  • Above Grade Price Per Sq Ft: 336.95
  • Above Grade Sold Price Per Sq Ft: 341
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1261
  • Finished Above Grade Sq Ft: 1261
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 10x12, On Level: M
  • Bedroom 2: Dimensions: 10x12, On Level: M
  • Kitchen: Dimensions: 10x10, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x10, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 4x4
  • Basement: None
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Intercom, Jetted bathtub, Cable/Satellite Available, Split bedrooms
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck/Balcony

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Exercise room, Security system, Elevator
  • Condo Fee Month: 471
  • Condo Management: Professional onsite
  • Proposed Units In Assoc: 338
  • Units in Association: 338
  • Units In Building: 338

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: PUDSIP
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 44900
  • Improvements: 264100
  • Total Assessment: 309000
  • Assessment year: 2022
  • Net Taxes: 6038
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-231-6313-6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Apr 9, 2021
Sold by
Kraninger Steven and Kraninger Josephine
Bought by
Gross Raefe R
Seller's Agent
Noelle Stevens
MadisonFlatFeeHomes.com
Buyer's Agent
Marine Yoo
Real Broker LLC
List Price
$369,000
Sold Price
$324,000
Premium/Discount to List
-$45,000
-12.2%
Current Estimated Value
$477,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,710
Avg. Annual Appreciation
8.71%
Original Mortgage
$194,000
Outstanding Balance
$176,786
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$290,749

Purchase Details

Closed on
Aug 13, 2008
Sold by
Polsky Michael S
Bought by
Kraninger Jo Ann and Kraninger Steven
Source: Public Records

Range of Values:

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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
Gross Raefe R $324,000 None Available
Kraninger Jo Ann $268,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Raefe R $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $430,000 +1.2% $341 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $424,900 +31.1% $337 / Sq Ft
04/09/2021 04/09/21 Sold $324,000 -1.8% $257 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
11/02/2020 11/02/20 Price Changed $329,900 -1.5% $261 / Sq Ft
10/13/2020 10/13/20 Price Changed $334,900 -1.5% $265 / Sq Ft
09/18/2020 09/18/20 Price Changed $339,900 -1.4% $269 / Sq Ft
09/08/2020 09/08/20 Price Changed $344,900 -1.4% $273 / Sq Ft
08/29/2020 08/29/20 Price Changed $349,900 -2.8% $277 / Sq Ft
08/27/2020 08/27/20 Price Changed $359,900 -1.4% $285 / Sq Ft
08/16/2020 08/16/20 Price Changed $364,900 -1.1% $289 / Sq Ft
08/06/2020 08/06/20 For Sale $369,000 -- $292 / 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 $14,498 $414,200 $44,900 $369,300
2023 $6,690 $370,800 $44,900 $325,900
2021 $6,716 $316,400 $44,900 $271,500
2020 $7,031 $316,400 $44,900 $271,500
2019 $7,060 $316,400 $44,900 $271,500
2018 $6,230 $280,000 $44,900 $235,100
2017 $6,047 $262,500 $40,800 $221,700
2016 $6,435 $271,700 $37,100 $234,600
2015 $6,188 $258,800 $19,500 $239,300
2014 $6,192 $258,800 $19,500 $239,300
2013 $5,109 $225,000 $19,500 $205,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1955942

South Central Wisconsin Multiple Listing Service

APN: 0709-231-6313-6