NOT LISTED FOR SALE

397 W Madison St Cambridge, WI 53523

Estimated Value: $248,000 - $263,000

2 Beds
1 Bath
1,446 Sq Ft
$120/mo HOA Fee

Last Sold July 29, 2021

Last sale price $192,000 $133 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,714/month

2 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Main Floor Bedroom
  • Cambridge High School Rated 10
  • Recreation Room
  • Bathtub

About This Home

As of July 2021

This freshly updated 2 bedroom condo in the heart of the peaceful village of Cambridge has had all the work completed for you. This unit has a clean new look, including new flooring throughout, fresh paint, updated appliances, new doors, and the option to have laundry either on main level or in the lower level. Don't enjoy stepping out of the shower onto cold tile, not an issue here as this unit has in-floor heating in the main level bathroom. With a spacious back deck, which includes a gorgeous pergola, you will find yourself spending many summer nights enjoying the quiet solitude while the fireflies dance. This won't last long so set up your showing today.

Last Agent to Sell the Property

Jenna Moe

Relish Realty License #77487-94 Listed on: 06/16/2021

Last Buyer's Agent

Linda Jeffers

RE/MAX Community Realty License #75771-94

RE/MAX Community Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,439

Year Built

  • Built in 1991

Lot Details

  • 0.97

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • Driveway Level

Home Design

  • Ranch Property
  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Recreation Room
  • Bonus Room
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Deck
  • Private Entrance

Community Details

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 5 Units
  • Located in the Trollbekk Condo III master-planned community

Listing and Financial Details

  • Assessor Parcel Number 0612-122-0316-5

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,439

Year Built

Built in 1991

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Municipality: Cambridge
  • Status Detail: Sold
  • Mailing City: Cambridge
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Seller's personal items
  • Items Included: Refrigerator, oven/range, dishwasher, disposal, window treatments
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Trollbekk Condo III
  • Year Built: 1991
  • Above Grade Sold Price Per Sq Ft: 199.69
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Non Exp Sq Ft: 482
  • Finished Sq Ft: 1446
  • Finished Above Grade Sq Ft: 964
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 13x12, On Level: M
  • Bedroom 2: Dimensions: 10x9, On Level: M
  • Kitchen: Dimensions: 13x14, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 13x19, On Level: M
  • Other Rooms: Bonus Room, Rec Room
  • Other Room 1: Dimensions: 22x16, On Level: L
  • Other Room 2: Rec Room, Dimensions: 10x13, On Level: L
  • Other Room 3: Bonus Room
  • In Unit Laundry Lvl: L
  • In Unit Laundry Room Dim: 34x9
  • Basement: Full
  • Interior Amenities: Walk-in closet(s), At Least 1 tub, Tankless Water Heater
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Private Entry, Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 car Garage

Condo/Co-op/Association

  • Condo Fee Month: 120
  • Condo Management: Unit Owners
  • Units in Association: 5
  • Units In Building: 5

Schools

  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Cambridge

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 2439
  • Tax Year: 2020
  • Assessor Parcel Number: 0612-122-0316-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 29, 2021
Sold by
Baldauf Robert J
Bought by
Strasburg Darren Ward
Seller's Agent
Jenna Moe
Relish Realty
Buyer's Agent
Linda Jeffers
RE/MAX Community Realty
List Price
$190,000
Sold Price
$192,000
Premium/Discount to List
$2,000
1.05%
Current Estimated Value
$255,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,796
Avg. Annual Appreciation
6.63%
Original Mortgage
$182,875
Outstanding Balance
$166,365
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$89,431

Purchase Details

Closed on
Oct 10, 2012
Sold by
Baldauf Robert J and Baldauf Maria A
Bought by
Baldauf Robert J
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
--
Adjusted for Inflation
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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
Strasburg Darren Ward $192,500 None Available
Baldauf Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strasburg Darren Ward $182,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $192,000 +1.1% $133 / Sq Ft
06/16/2021 06/16/21 For Sale $190,000 -- $131 / 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
2023 $3,622 $184,900 $6,300 $178,600
2022 $3,506 $184,900 $6,300 $178,600
2021 $2,545 $114,000 $5,000 $109,000
2020 $2,439 $114,000 $5,000 $109,000
2019 $2,386 $114,000 $5,000 $109,000
2018 $2,649 $114,000 $5,000 $109,000
2017 $2,581 $114,000 $5,000 $109,000
2016 $2,584 $114,000 $5,000 $109,000
2015 $2,554 $114,000 $5,000 $109,000
2014 $2,367 $114,000 $5,000 $109,000
2013 $2,485 $114,000 $5,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1912078

South Central Wisconsin Multiple Listing Service

APN: 0612-122-0316-5