$470,000
SOLD MAY 16, 2025
2 Beds
2 Baths
1,227 Sq Ft
$523/mo HOA Fee

Recently Sold

$383 Per Sq Ft

3% Below List Price

92 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Open Floorplan
  • Hamilton Middle School Rated A
  • Rooftop Deck
  • Deck

About This Home

As of May 2025

CAPITOL VIEW AND LAKE VIEW - YOU WANT TO LIVE HERE!  Exciting 1 or 2* Bdrm, 2 Bath  single flr condo in the heart of Downtown Madison that boasts  open concept living rm w/impressive gas fireplace w/ceramic surround, white crown molding, hardwood floors & balcony access to views - SO CHIC!  Fab chef's kitchen w/granite countertops, SS appliances, under cabinet lighting  & huge breakfast bar + coffee bar!  BIG Primary Suite that has a good sized walk-in closet,  private bath w/jetted tub & stacked washer/dryer - CONVENIENT + 2nd access to the balcony & views galore!  The 2nd bdrm opened up to be a dining rm/nook/office - easily convert it back to a bdrm.  Easy parking w/underground parking space included too! Rooftop courtyard, elevators,  exercise rm & condo fee includes heat/water/sewer.

Last Agent to Sell the Property

Matt Kornstedt

Stark Company, REALTORS Listed on: 12/16/2024

Stark Company, REALTORS

Last Buyer's Agent

Mari Slobounov

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,633

Year Built

  • Built in 2003

HOA Fees

  • $523 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,227 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Storage Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bar In Bathroom
  • Accessible Approach with Ramp
  • Low Pile Carpeting
  • Ramped or Level from Garage

Schools

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

Utilities

  • Forced Air Cooling System
  • High Speed Internet
  • Internet Available

Additional Features

  • Deck
  • Lake Front
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-231-4321-1

Community Details

Overview

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

Recreation

Additional Features

  • Rooftop Deck
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,633

Year Built

Built in 2003

Lot Details

0

HOA Fees

$523 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal, Washer/Dryer, All Window Coverings
  • Fee Includes: Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance
  • Project Name: Metropolitan Place
  • Year Built: 2003
  • Above Grade Price Per Sq Ft: 387.86
  • Above Grade Sold Price Per Sq Ft: 383.05
  • Reso Accessibility Features: Open floor plan, Ramped or level entrance, Ramped or lvl from garage, Stall shower, Grab bars in bath, Low pile or no carpeting, Elevator
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1227
  • Finished Above Grade Sq Ft: 1227
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 26x11, On Level: M
  • Bedroom 2: Dimensions: 16x11, On Level: M
  • Kitchen: Dimensions: 11x8, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 22x13, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None, Poured concrete foundatn
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Jetted bathtub, Storage Unit Inc, At Least 1 tub, Internet - DSL, Internet -Fiber Available
  • Floor Number: 9
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Waterfront: Waterview-No frontage, Lake
  • Exterior: Brick
  • 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, Parking fee

Condo/Co-op/Association

  • Common Amenities: Exercise room, Close to busline, Elevator, Rooftop common area
  • Condo Fee Month: 523
  • 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: 44900
  • Improvements: 386300
  • Total Assessment: 431200
  • Assessment year: 2024
  • Net Taxes: 7633
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-231-4321-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
May 16, 2025
Sold by
Fryrear William and Fryrear Willow Forest
Bought by
Silvey Jason and Silvey Paula
Seller's Agent
Matt Kornstedt
Stark Company, REALTORS
Buyer's Agent
Mari Slobounov
Keller Williams Realty
List Price
$485,900
Sold Price
$470,000
Premium/Discount to List
-$15,900
-3.27%
Views
405
Current Estimated Value
$481,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,952
Avg. Annual Appreciation
10.57%

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 21, 2021
Sold by
Treutelaar Martha J and Treutelaar Martha
Bought by
Fryrear William
Seller's Agent
Charles Wills
The Wills Agency
Buyer's Agent
Jess McRae
Rock Realty
List Price
$374,900
Sold Price
$385,000
Premium/Discount to List
$10,100
2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$308,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Lensing William A and Lensing Susan B
Bought by
Treutelaar James R and Treutelaar Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
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 $470,000 None Listed On Document
Condominium Deed $385,000 None Available
Condominium Deed $300,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $308,000 New Conventional
Previous Owner $66,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $69,357 Unknown
Previous Owner $19,100 Unknown
Previous Owner $30,000 Credit Line Revolving
Previous Owner $140,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $470,000 -1.2% $383 / Sq Ft
01/23/2025 01/23/25 Price Changed $475,900 -2.1% $388 / Sq Ft
01/09/2025 01/09/25 For Sale $485,900 +3.4% $396 / Sq Ft
12/17/2024 12/17/24 Off Market $470,000 -- --
12/16/2024 12/16/24 For Sale $485,900 +26.2% $396 / Sq Ft
05/21/2021 05/21/21 Sold $385,000 +2.7% $314 / Sq Ft
04/07/2021 04/07/21 For Sale $374,900 -2.6% $306 / Sq Ft
03/10/2021 03/10/21 Off Market $385,000 -- --
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 $14,562 $431,200 $44,900 $386,300
2023 $7,091 $410,700 $44,900 $365,800
2021 $6,957 $341,700 $44,900 $296,800
2020 $7,410 $341,700 $44,900 $296,800
2019 $7,416 $341,700 $44,900 $296,800
2018 $7,284 $335,000 $44,900 $290,100
2017 $6,939 $306,500 $40,800 $265,700
2016 $7,123 $306,500 $37,100 $269,400
2015 $6,541 $258,000 $19,500 $238,500
2014 $6,173 $258,000 $19,500 $238,500
2013 $5,964 $262,200 $19,500 $242,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1990756

South Central Wisconsin Multiple Listing Service

APN: 0709-231-4321-1