NOT LISTED FOR SALE

3905 Monona Dr Unit 5 Monona, WI 53716

Lake Edge Neighborhood

Estimated Value: $433,841 - $490,000

2 Beds
2 Baths
1,104 Sq Ft
$315/mo HOA Fee

Last Sold April 28, 2021

Last sale price $337,000 $305 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,462/month

36 Days on Market

Highlights

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

About This Home

As of April 2021

Impressive lake, capitol and Monona Terrace views in addition to your own pier for docking your boat. This sun-filled condo has 2 bedrooms and 2 full bathrooms and contains new wood floors and new appliances. Many updates have been completed. This condo is in move-in condition. Close to Olbrich Gardens, famers' market and bike trail. Walking distance to new Pinney library on Cottage Grove Road! Small pets allowed. This all-brick building is security locked with one-car indoor parking, as well as available outside parking. Three extra storage areas are included, one on main level and two in the garage. This is a water-dweller's dream! NO steps access to units from garage to elevator to your unit. All this for $345,000!

Last Agent to Sell the Property

Tami McFarlane

Restaino & Associates License #57717-90 Listed on: 02/25/2021

Restaino & Associates

Last Buyer's Agent

Mark Gladue

Lauer Realty Group, Inc. License #56190-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,685

Year Built

  • Built in 1985

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $315 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,104 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage

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 0710-093-2845-9

Community Details

Overview

  • Association fees include parking, hot water, trash removal, snow removal, common area maintenance, 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

$6,685

Year Built

Built in 1985

Lot Details

0

HOA Fees

$315 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
  • Items Excluded: Sellers Personal Property
  • Items Included: Refrigerator, Range/Oven, Microwave, Dishwasher, Disposal, Washer/Dryer, All Window Coverings/Blinds
  • Fee Includes: Parking, Hot Water, Trash removal, Snow removal, Common area maintenance, Reserve fund
  • Project Name: Lakeside Terrace
  • Year Built: 1985
  • Above Grade Price Per Sq Ft: 312.5
  • Above Grade Sold Price Per Sq Ft: 305.25
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1104
  • Finished Above Grade Sq Ft: 1104
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 11x16, On Level: M
  • Bedroom 2: Dimensions: 9x10, On Level: M
  • Kitchen: Dimensions: 8x14, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 13x16, On Level: M
  • Dining Room: Dimensions: 9x15, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Waterfront: Has actual water frontage, Lake, Water ski lake
  • Waterfront: Yes
  • 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, 1 space assigned

Condo/Co-op/Association

  • Common Amenities: Close to busline, Elevator, Boatslip/Pier
  • Condo Fee Month: 315
  • 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: 287800
  • Total Assessment: 335100
  • Assessment year: 2020
  • Net Taxes: 6685
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-093-2845-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Nielsen Ann L
Bought by
Nielsen Ann L and Nielsen Samantha J
Current Estimated Value
$460,960

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 28, 2021
Sold by
Lang Esther and Gagainis Ints
Bought by
Nielsen Ann L
Seller's Agent
Tami McFarlane
Restaino & Associates
Buyer's Agent
Mark Gladue
Lauer Realty Group, Inc.
List Price
$345,000
Sold Price
$337,000
Premium/Discount to List
-$8,000
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$105,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2018
Closed on
Feb 15, 2018
Sold by
Frailey Lorraine M
Bought by
Lang Esther and Gagainis Ints
Seller's Agent
Jay Phillips
South Central Non-Member
Buyer's Agent
Vern Acker
RE/MAX Preferred
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Dec 8, 2011
Sold by
Frailey Lorraine M
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
Nielsen Ann L -- None Listed On Document
Nielsen Ann L $337,000 Knight Barry Title
Lang Esther $285,000 --
City Of Monona $3,728 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nielsen Ann L $60,000
Previous Owner Nielsen Ann L $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $337,000 -2.3% $305 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $345,000 +2.4% $313 / Sq Ft
02/26/2021 02/26/21 Off Market $337,000 -- --
02/25/2021 02/25/21 For Sale $345,000 +21.1% $313 / Sq Ft
02/21/2018 02/21/18 Sold $285,000 -5.0% $258 / Sq Ft
02/03/2018 02/03/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $300,000 -- $272 / 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 $6,943 $415,600 $57,400 $358,200
2023 $7,149 $407,200 $57,400 $349,800
2021 $6,812 $355,200 $52,200 $303,000
2020 $6,685 $335,100 $47,300 $287,800
2019 $6,453 $313,200 $47,300 $265,900
2018 $5,846 $280,800 $43,000 $237,800
2017 $4,596 $216,000 $38,700 $177,300
2016 $4,177 $196,400 $38,700 $157,700
2015 $4,015 $196,400 $38,700 $157,700
2014 -- $194,500 $36,800 $157,700
2013 $3,959 $188,400 $30,700 $157,700
Source: Public Records

Agents Affiliated with this Home

  • Tami McFarlane

    Seller's Agent in 2021

    Tami McFarlane

    Restaino & Associates

    (608) 333-9874

    1 in this area

    74 Total Sales

    Tami McFarlane
    Section Image
  • Mark Gladue

    Buyer's Agent in 2021

    Mark Gladue

    Lauer Realty Group, Inc.

    (608) 658-0467

    5 in this area

    235 Total Sales

    Mark Gladue
    Section Image

  • J

    Seller's Agent in 2018

    Jay Phillips

    South Central Non-Member

  • Vern Acker

    Buyer's Agent in 2018

    Vern Acker

    RE/MAX

    (608) 849-7043

    44 Total Sales

    Vern Acker
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1902894

South Central Wisconsin Multiple Listing Service

APN: 0710-093-2845-9

Wisconsin Dane County Monona 53714 Lake Edge

3905 Monona Dr Unit 5, Monona, WI

This home is located at 3905 Monona Dr Unit 5, Monona, WI 53716 since 25 February 2021 and is currently estimated at $460,960, approximately $417 per square foot. This property was built in 1985. 3905 Monona Dr Unit 5 is a home located in Dane County with nearby schools including Winnequah School, Glacial Drumlin School, and Monona Grove High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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