NOT LISTED FOR SALE

3905 Monona Dr Unit 1 Monona, WI 53716

Lake Edge Neighborhood

Estimated Value: $447,000 - $530,000

2 Beds
1 Bath
1,047 Sq Ft
$230/mo HOA Fee

Last Sold June 17, 2020

Last sale price $330,000 $315 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,377/month

73 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Deck
  • Winnequah School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of June 2020

Launch your boat from YOUR pier. Possibly one of the best, affordable views on lake Monona, Capitol, Isthmus and Fireworks. Enjoy the view from YOUR OWN PRIVATE WRAP AROUND DECK WITH ACCESS TO THE LAKE-IT'S THE ONLY UNIT THAT OFFERS THAT! Amazing views through your large picture windows looking across lake Monona at the Capital and downtown Madison. Fireplace in Living Room, Open-Air Terrace From MBR & Dining Area. Just minutes to all of the best dining in Madison, Olbrich Gardens, parks/beaches, farmers markets, and downtown. Enjoy all this condo has to offer with an available boat slip. Communal Deck on Water’s Edge. SUPER-LOW Condo Fee. Corner Unit. Bldg Elevator, Underground heated parking space, IN-Unit laundry. SEE DOCS FOR MORE INFO AND UPDATES!

Last Agent to Sell the Property

Maggie Juris

Century 21 Affiliated License #50692-94 Listed on: 02/21/2020

Century 21 Affiliated

Last Buyer's Agent

Christopher R Brown

South Central Non-Member License #89011-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,858

Year Built

  • Built in 1986

Lot Details

  • 1,525

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Garden Home
  • Ranch Property
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,047 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace
  • Storage Room
  • Laundry on main level
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk Through Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub

Parking

  • Garage
  • Heated Garage

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Ramped or Level from Garage

Outdoor Features

  • Waterski or Wakeboard
  • Deck
  • Patio

Schools

  • Winnequah Elementary School
  • Glacial Drumlin Middle School
  • Monona Grove High School

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Air Cleaner
  • Lake Front
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-093-2801-1

Community Details

Overview

  • Association fees include parking, trash removal, snow removal, common area maintenance, reserve fund
  • 12 Units
  • Located in the Lakeside Terrace master-planned community
  • Greenbelt

Recreation

  • Community Boat Slip

Additional Features

  • Elevator
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,858

Year Built

Built in 1986

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Municipality: Monona
  • Status Detail: Sold
  • Mailing City: Monona
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story, Garden
  • Barrier Free: Open floor plan, Ramped or lvl from garage, First floor bedroom, First floor full bath
  • Items Excluded: Sellers Personal Property
  • Items Included: Refrigerator, Range/Oven, Dishwasher, Microwave, Window Coverings,
  • Fee Includes: Parking, Trash removal, Snow removal, Common area maintenance, Reserve fund
  • Project Name: Lakeside Terrace
  • Year Built: 1986
  • Above Grade Price Per Sq Ft: 323.78
  • Above Grade Sold Price Per Sq Ft: 315.19
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1047
  • Finished Above Grade Sq Ft: 1047
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 11x14, On Level: M
  • Bedroom 2: Dimensions: 10x11, On Level: M
  • Kitchen: Dimensions: 7x10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 13x17, On Level: M
  • Dining Room: Dimensions: 13x12, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Wood
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Air cleaner, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Walk through

Exterior Features

  • Waterfront: Has actual water frontage, Lake, Water ski lake
  • Waterfront: Yes
  • Lake/River: Monona
  • Exterior: Brick, Stone
  • Exterior Features: Deck/Balcony, Patio

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Security system, Close to busline, Elevator, Boatslip/Pier
  • Condo Fee Month: 230
  • Condo Management: Unit Owners
  • Proposed Units In Assoc: 12
  • Units in Association: 12
  • Units In Building: 12

Schools

  • School District: Monona Grove
  • Elementary School: Winnequah
  • Middle School: Glacial Drumlin
  • High School: Monona Grove
  • Elementary School: Winnequah
  • High School: Monona Grove
  • Middle School: Glacial Drumlin
  • School District: Monona Grove

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 47300
  • Improvements: 192500
  • Total Assessment: 239800
  • Assessment year: 2019
  • Net Taxes: 4858
  • Tax Year: 2019
  • Assessor Parcel Number: 0710-093-2801-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jun 17, 2020
Sold by
Hofer Susan
Bought by
Morgan Carolyn
Seller's Agent
Maggie Juris
Century 21 Affiliated
Buyer's Agent
Christopher R Brown
South Central Non-Member
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Current Estimated Value
$486,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,306
Avg. Annual Appreciation
6.14%
Original Mortgage
$297,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2017
Closed on
Aug 8, 2017
Sold by
Stanford Frantz D
Bought by
Hofer Susan
Seller's Agent
Heather Weasler
Real Broker LLC
Buyer's Agent
Maggie Juris
Century 21 Affiliated
List Price
$325,000
Sold Price
$314,900
Premium/Discount to List
-$10,100
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%

Purchase Details

Closed on
Dec 27, 2011
Sold by
Stanford Frantz D
Bought by
City Of Monona
Source: Public Records

Range of Values:

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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
Morgan Carolyn $330,000 None Available
Hofer Susan $314,900 First American Title
City Of Monona $3,346 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Carolyn $61,900
Closed Morgan Carolyn $37,400
Open Morgan Carolyn $299,500
Closed Morgan Carolyn $297,000
Previous Owner Stanford Frantz D $188,000
Previous Owner Stanford Frantz D $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Sold $330,000 -2.7% $315 / Sq Ft
03/13/2020 03/13/20 Price Changed $339,000 -3.1% $324 / Sq Ft
02/21/2020 02/21/20 For Sale $350,000 +11.1% $334 / Sq Ft
08/08/2017 08/08/17 Sold $314,900 -3.1% $331 / Sq Ft
05/18/2017 05/18/17 For Sale $325,000 -- $342 / 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 $6,795 $407,200 $57,400 $349,800
2023 $6,994 $398,900 $57,400 $341,500
2021 $6,301 $330,000 $52,200 $277,800
2020 $5,048 $256,600 $47,300 $209,300
2019 $4,858 $239,800 $47,300 $192,500
2018 $4,947 $239,800 $43,000 $196,800
2017 $4,407 $207,600 $38,700 $168,900
2016 $3,998 $188,500 $38,700 $149,800
2015 $3,845 $188,500 $38,700 $149,800
2014 -- $186,600 $36,800 $149,800
2013 $3,910 $180,500 $30,700 $149,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1877340

South Central Wisconsin Multiple Listing Service

APN: 0710-093-2801-1