$345,000
SOLD MAY 29, 2015
2 Beds
2 Baths
1,716 Sq Ft
$345/mo HOA Fee

Recently Sold

$201 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Hamilton Middle School Rated A
  • Deck
  • Elevator

About This Home

As of December 2023

Size and location make this one of the best buys in all of Downtown Madison. With plenty of wall space for art, 150 sq ft balcony and room to grow. The unit features a double sided gas fireplace in the living room, a separate family room that could be a third bedroom, open floor plan, french doors to allow natural light and the extra bonus of parking and storage on the same floor! Exercise facility and rooftop terrace just an added bonus. Welcome to your downtown lifestyle! Visit www.lizlauer.com for more info or call Liz today for your private tour! 608-444-5725

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 04/01/2015

Co-Listed By

Mark Gladue

Lauer Realty Group, Inc. License #56190-90

Last Buyer's Agent

Andrea Bolan

Relish Realty License #58590-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,696

Year Built

  • Built in 2003

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,716 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Storage Room
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Halls are 36 inches wide or more
  • Level Entry For Accessibility
  • Ramped or Level from Garage

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-231-4225-5

Community Details

Overview

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

Recreation

Additional Features

  • Elevator
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,696

Year Built

Built in 2003

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Open floor plan, Ramped or level entrance, Ramped or lvl from garage, First floor bedroom, First floor full bath, Stall shower, Width of hallways 36in+
  • Items Included: Some Window Coverings
  • Fee Includes: Heat, Electric, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund
  • Project Name: Metropolitan Place
  • Year Built: 2003
  • Above Grade Price Per Sq Ft: 203.96
  • Above Grade Sold Price Per Sq Ft: 201.05
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1716
  • Finished Above Grade Sq Ft: 1716
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 14x13, On Level: M
  • Bedroom 2: Dimensions: 15x12, On Level: M
  • Kitchen: Dimensions: 9x6, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 21x15, On Level: M
  • Dining Room: Dimensions: 10x9, On Level: M
  • Family Room: Dimensions: 16x12, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Intercom, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 3
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Deck/Balcony

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Exercise room, Close to busline, Elevator
  • Condo Fee Month: 345
  • Condo Management: Professional onsite
  • Proposed Units In Assoc: 338
  • Units in Association: 338
  • Units In Building: 174

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: 19500
  • Improvements: 265500
  • Total Assessment: 285000
  • Assessment year: 2014
  • Net Taxes: 6696
  • Tax Year: 2014
  • Assessor Parcel Number: 0709-231-4225-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Dec 12, 2023
Sold by
Slaton Jonathan T
Bought by
Lundquist Mitchell E and Ogrady Maureen K
Seller's Agent
Cris Selin
Stark Company, REALTORS
Buyer's Agent
Donald White
First Weber Inc
List Price
$524,900
Sold Price
$449,900
Premium/Discount to List
-$75,000
-14.29%
Views
351
Current Estimated Value
$536,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,639
Avg. Annual Appreciation
10.92%
Original Mortgage
$337,400
Outstanding Balance
$331,860
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$204,679

Purchase Details

Listed on
Feb 26, 2018
Closed on
Apr 17, 2018
Sold by
Jones Nicholas and Drummond Julia E
Bought by
Slaton Jonatha T
Seller's Agent
Andrea Bolan
Relish Realty
Buyer's Agent
Mark Gladue
Lauer Realty Group, Inc.
List Price
$397,000
Sold Price
$400,000
Premium/Discount to List
$3,000
0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%
Original Mortgage
$320,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2016
Sold by
Jones Nicholas
Bought by
Jones Nicholas and Drummond Julia E

Purchase Details

Listed on
Apr 1, 2015
Closed on
May 29, 2015
Sold by
Conner Harriett Jean
Bought by
Jones Nicholas
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Andrea Bolan
Relish Realty
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$293,250
Interest Rate
3.63%
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 $449,500 None Listed On Document
Deed $400,000 Knight Barry Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $345,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,400 New Conventional
Previous Owner $256,000 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $293,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $449,900 0.0% $262 / Sq Ft
10/31/2023 10/31/23 Price Changed $449,900 -9.8% $262 / Sq Ft
10/03/2023 10/03/23 Price Changed $499,000 -4.9% $291 / Sq Ft
09/12/2023 09/12/23 For Sale $524,900 +31.2% $306 / Sq Ft
04/17/2018 04/17/18 Sold $400,000 +0.8% $233 / Sq Ft
03/02/2018 03/02/18 For Sale $397,000 -0.8% $231 / Sq Ft
03/01/2018 03/01/18 Off Market $400,000 -- --
02/26/2018 02/26/18 For Sale $397,000 +15.1% $231 / Sq Ft
05/29/2015 05/29/15 Sold $345,000 -1.4% $201 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $350,000 -- $204 / 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 $14,679 $434,500 $44,900 $389,600
2023 $8,829 $505,800 $44,900 $460,900
2021 $8,054 $392,700 $44,900 $347,800
2020 $8,550 $392,700 $44,900 $347,800
2019 $8,387 $385,000 $44,900 $340,100
2018 $7,909 $363,000 $44,900 $318,100
2017 $7,482 $330,000 $40,800 $289,200
2016 $7,681 $330,000 $37,100 $292,900
2015 $7,248 $285,000 $19,500 $265,500
2014 -- $285,000 $19,500 $265,500
2013 $4,903 $220,500 $19,500 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1741406

South Central Wisconsin Multiple Listing Service

APN: 0709-231-4225-5