NOT LISTED FOR SALE

3939 Monona Dr Unit 402 Monona, WI 53716

Lake Edge Neighborhood

Estimated Value: $1,277,000 - $1,389,937

3 Beds
3.5 Baths
3,452 Sq Ft
$507/mo HOA Fee

Last Sold November 11, 2015

Last sale price $640,000 $185 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $9,579/month

105 Days on Market

Highlights

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

About This Home

As of November 2015

Breath taking views of the Capitol and Convention Center on Beautiful Lake Monona. Luxurious 3500 square foot, 2 story penthouse. Tiger wood and Marble tile floors. Stainless steel appliances/granite surfaces/open concept kitchen. Two bonus rooms that can be used as extra bedrooms. Floor plan includes the option of a mother-in-law suite. Sun-room/Balcony overlooks two heated pools and Lake Monona. Pier & boat slip included. Recent over 80k worth of updates make this a modern gem that you don't want to miss!

Last Agent to Sell the Property

Ken Kaiser

Real Broker LLC License #55328-90 Listed on: 07/17/2015

Real Broker LLC

Last Buyer's Agent

Frank Flynn

Stark Company, REALTORS License #60308-94

Stark Company, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,559

Year Built

  • Built in 1996

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $507 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 3,452 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Great Room
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Wood Flooring
  • Walk-Out Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Cooling System
  • Water Softener
  • Cable TV Available

Additional Features

  • Ramped or Level from Garage
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 0710-093-2744-1

Community Details

Overview

  • Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 8 Units
  • Located in the Water's Edge II master-planned community

Recreation

  • Community Boat Slip

Additional Features

  • Elevator
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,559

Year Built

Built in 1996

Lot Details

0

HOA Fees

$507 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
  • Items Included: Humidifier,All window coverings
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Water's Edge II
  • Year Built: 1996
  • Above Grade Price Per Sq Ft: 190.9
  • Above Grade Sold Price Per Sq Ft: 185.4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 3452
  • Finished Above Grade Sq Ft: 3452
  • Bedrooms: 3
  • Total Bathrooms: 3.5
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 12x25, On Level: M
  • Bedroom 2: Dimensions: 11x11, On Level: M
  • Bedroom 3: Dimensions: 11x11, On Level: U
  • Kitchen: Dimensions: 12x14, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 15x23, On Level: M
  • Dining Room: Dimensions: 11x15, On Level: M
  • Family Room: Dimensions: 11x17, On Level: U
  • Other Rooms: Bonus Room, Sun Room
  • Other Room 1: Sun Room, Dimensions: 10x10, On Level: M
  • Other Room 2: Bonus Room, Dimensions: 11x14, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: Walkout to yard
  • Fireplace: Gas
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Great room, Vaulted ceiling, Skylight(s), Washer, Dryer, Water softener included, Security system for Unit, Central vac, Intercom, Jetted bathtub, Wet bar, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 99
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: Lake Monona
  • Exterior: 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: Security system, Elevator, Boatslip/Pier
  • Condo Fee Month: 507
  • Condo Management: Unit Owners
  • Proposed Units In Assoc: 24
  • Units in Association: 24
  • Units In Building: 8

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: 40200
  • Improvements: 539400
  • Total Assessment: 579600
  • Assessment year: 2015
  • Net Taxes: 12559
  • Tax Year: 2014
  • Assessor Parcel Number: 0710-093-2744-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Nov 11, 2015
Sold by
Schaefer Timothy M and Schaefer Karen E
Bought by
Zeeh Peter W and Zeeh Dolores M
Seller's Agent
Ken Kaiser
Real Broker LLC
Buyer's Agent
Frank Flynn
Stark Company, REALTORS
List Price
$694,000
Sold Price
$640,000
Premium/Discount to List
-$54,000
-7.78%
Current Estimated Value
$1,327,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,795
Avg. Annual Appreciation
7.67%
Original Mortgage
$1,000,000
Outstanding Balance
$801,726
Interest Rate
3.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
$514,862

Purchase Details

Closed on
Dec 12, 2011
Sold by
Schaefer Timohty M and Schaefer Karen E
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
Zeeh Peter W $640,000 Nations Title Agency Mn Inc
City Of Monona $5,861 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeeh Peter W $1,000,000
Previous Owner Schaefer Timothy M $250,000
Previous Owner Schaefer Timothy M $234,525
Previous Owner Timothy M Schaffer $200,000
Previous Owner Timothy M Schaefer $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2015 11/11/15 Sold $640,000 -7.8% $185 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $694,000 -- $201 / 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 $21,625 $1,250,000 $59,700 $1,190,300
2023 $15,708 $865,300 $59,700 $805,600
2021 $15,676 $792,200 $54,200 $738,000
2020 $14,834 $725,700 $49,100 $676,600
2019 $15,417 $725,700 $49,100 $676,600
2018 $15,892 $739,200 $44,700 $694,500
2017 $14,825 $672,000 $40,200 $631,800
2016 $14,391 $640,000 $40,200 $599,800
2015 $12,411 $579,600 $40,200 $539,400
2014 -- $577,700 $38,300 $539,400
2013 $12,915 $571,300 $31,900 $539,400
Source: Public Records

Agents Affiliated with this Home

  • Ken Kaiser

    Seller's Agent in 2015

    Ken Kaiser

    Real Broker LLC

    (608) 843-5227

    1 in this area

    48 Total Sales

    Section Image

  • F

    Buyer's Agent in 2015

    Frank Flynn

    Stark Company, REALTORS

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1752829

South Central Wisconsin Multiple Listing Service

APN: 0710-093-2744-1

Wisconsin Dane County Monona 53716 Lake Edge

3939 Monona Dr Unit 402, Monona, WI

This home is located at 3939 Monona Dr Unit 402, Monona, WI 53716 since 17 July 2015 and is currently estimated at $1,334,234, approximately $386 per square foot. This property was built in 1996. 3939 Monona Dr Unit 402 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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