$314,900
SOLD AUG 8, 2017

3905 Monona Dr Unit 1 Monona, WI 53716

Lake Edge Neighborhood
2 Beds
1 Bath
950 Sq Ft
$230/mo HOA Fee

Recently Sold

$331 Per Sq Ft

3% Below List Price

69 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Elevator
  • Winnequah School Rated A-
  • Deck
  • Bathtub

About This Home

As of June 2020

Feel like you're on vacation, at home. This updated, ground level, lakefront condo has breathtaking views of Lake Monona and downtown Madison. After a day of boating, come home and enjoy a delicious sunset meal on your oversized wrap around patio. Gorgeous new kitchen with high end appliances, new flooring throughout, wide plank flooring in kitchen and main living areas and plush carpeted bedrooms. Condo is wired for your home theater and has underground parking and storage and water included. Boat slip still available for 2017.

Last Agent to Sell the Property

Heather Weasler

Real Broker LLC License #76027-94 Listed on: 05/18/2017

Last Buyer's Agent

Maggie Juris

Century 21 Affiliated License #50692-94

Century 21 Affiliated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,997

Year Built

  • Built in 1986

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

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

Interior Spaces

  • 950 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

  • Call School District Elementary School
  • Glacial Drumlin Middle School
  • Monona Grove High School

Additional Features

  • Deck
  • Lake Front
  • Property is near a bus stop
  • Forced Air Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0710-093-2801-1

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,997

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, First floor bedroom, First floor full bath, Low pile or no carpeting
  • Items Excluded: Personal property of seller.
  • Items Included: Washer, dryer, range, oven, refrigerator, microwave, dishwasher.
  • Fee Includes: Parking, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Lakeside Terrace
  • Year Built: 1986
  • Above Grade Price Per Sq Ft: 331.47
  • Above Grade Sold Price Per Sq Ft: 331.47
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 950
  • Finished Above Grade Sq Ft: 950
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 14x10, On Level: M
  • Bedroom 2: Dimensions: 12x11, On Level: M
  • Kitchen: Dimensions: 10x8, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 16x13, On Level: M
  • Dining Area: Dimensions: 14x9
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Wood
  • Interior Amenities: Walk-in closet(s), At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Walk through

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: Monona
  • Exterior: Vinyl, Brick, Stone
  • 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, Outside only

Condo/Co-op/Association

  • Common Amenities: Shared Laundry Facilities, Security system, Close to busline, Elevator
  • 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: Call School District
  • Middle School: Glacial Drumlin
  • High School: Monona Grove
  • Elementary School: Call School District
  • High School: Monona Grove
  • Middle School: Glacial Drumlin
  • School District: Monona Grove

Lot Info

  • Zoning: RES
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 38700
  • Improvements: 149800
  • Total Assessment: 188500
  • Assessment year: 2016
  • Net Taxes: 3997
  • Tax Year: 2016
  • 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
$456,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,816
Avg. Annual Appreciation
7.90%
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

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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
Condominium Deed $330,000 None Available
Warranty Deed $314,900 First American Title
Warranty Deed $3,346 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $61,900 Credit Line Revolving
Closed $37,400 New Conventional
Open $299,500 VA
Closed $297,000 New Conventional
Previous Owner $188,000 Unknown
Previous Owner $23,500 Credit Line Revolving
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: 1803810

South Central Wisconsin Multiple Listing Service

APN: 0710-093-2801-1