NOT LISTED FOR SALE

3905 Monona Dr Unit 11 Monona, WI 53716

Lake Edge Neighborhood

Estimated Value: $542,060 - $682,000

2 Beds
2.5 Baths
1,401 Sq Ft
$230/mo HOA Fee

Last Sold September 17, 2018

Last sale price $375,000 $268 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,091/month

13 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Deck
  • Winnequah School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of September 2018

Possibly one of the best views on lake Monona.Enjoy the view from your private deck or through your large picture windows, looking across lake Monona at the capital and downtown.This condo features 2 bedrooms 3 baths, a large loft with a full bath and jetted tub which could be used as a third bedroom,A spacious dining area and living room overlooking the lake.In unit laundry and 2 underground heated parking spaces come with this unit.Boat slips Available. All Measurements are approximate, Buyer to verify if important.

Last Agent to Sell the Property

Michael Lane

South Central Non-Member License #76599-94 Listed on: 07/19/2018

Last Buyer's Agent

Rachel Whaley

Lauer Realty Group, Inc. License #57911-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,874

Year Built

  • Built in 1985

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $230 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,401 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Loft
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener

Accessible Home Design

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

Outdoor Features

  • Waterski or Wakeboard
  • Deck

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0710-093-2911-8

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

  • Elevator

Recreation

  • Community Boat Slip

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,874

Year Built

Built in 1985

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: Garden, End Unit
  • Barrier Free: Open floor plan, Ramped or lvl from garage, First floor bedroom, First floor full bath
  • Fee Includes: Parking, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Lakeside Terrace
  • Year Built: 1985
  • Above Grade Price Per Sq Ft: 306.21
  • Above Grade Sold Price Per Sq Ft: 267.67
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1401
  • Finished Above Grade Sq Ft: 1401
  • Bedrooms: 2
  • Total Bathrooms: 2.5
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 11x17, On Level: M
  • Bedroom 2: Dimensions: 13x10, On Level: M
  • Kitchen: Dimensions: 15x7, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 14x17, On Level: M
  • Dining Room: Dimensions: 15x10, On Level: M
  • Other Rooms: Loft
  • Other Room 1: Loft, Dimensions: 21x13, On Level: U
  • Other Room 2: Other, Dimensions: 10x6, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Wood
  • Interior Amenities: Walk-in closet(s), Vaulted ceiling, Skylight(s), Washer, Dryer, Intercom, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 3
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Waterfront: Has actual water frontage, Lake, Water ski 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, Heated, 2+ spaces assigned, Opener inc

Condo/Co-op/Association

  • Common Amenities: 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: 43000
  • Improvements: 302000
  • Total Assessment: 345000
  • Assessment year: 2018
  • Net Taxes: 5874
  • Tax Year: 2017
  • Assessor Parcel Number: 0710-093-2911-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 10, 2018
Sold by
Weitz Gayle M and Weitz Gene C
Bought by
Carlson David J and Carlson Pamela K
Seller's Agent
Michael Lane
South Central Non-Member
Buyer's Agent
Rachel Whaley
Lauer Realty Group, Inc.
List Price
$429,000
Sold Price
$375,000
Premium/Discount to List
-$54,000
-12.59%
Current Estimated Value
$570,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,631
Avg. Annual Appreciation
6.43%
Original Mortgage
$262,500
Outstanding Balance
$230,785
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$345,552

Purchase Details

Closed on
Dec 12, 2011
Sold by
Vitense N Georgene
Bought by
City Of Monona
Source: Public Records

Range of Values:

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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
Carlson David J $375,000 None Available
City Of Monona $4,827 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson David J $100,000
Open Carlson David J $262,500
Previous Owner Vitense Naomi Georgene $150,000
Previous Owner Vitense N Georgene $100,000
Previous Owner Vitense N Georgene $45,125
Previous Owner Vitense N Georgene $43,125
Previous Owner Vitense Naomi $100,000
Previous Owner Vitense N Georgene $100,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $375,000 -12.6% $268 / Sq Ft
07/19/2018 07/19/18 For Sale $429,000 -- $306 / 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 $8,832 $523,000 $57,400 $465,600
2023 $9,115 $512,400 $57,400 $455,000
2021 $8,542 $425,400 $52,200 $373,200
2020 $8,283 $401,300 $47,300 $354,000
2019 $8,055 $375,000 $47,300 $327,700
2018 $7,253 $345,000 $43,000 $302,000
2017 $5,874 $273,000 $38,700 $234,300
2016 $5,340 $247,800 $38,700 $209,100
2015 $5,123 $247,800 $38,700 $209,100
2014 -- $245,900 $36,800 $209,100
2013 $5,046 $239,800 $30,700 $209,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1837000

South Central Wisconsin Multiple Listing Service

APN: 0710-093-2911-8