Tim Norland
Century 21 Affiliated
(608) 292-6742
121 Total Sales
1 in Lake Edge
$308,500 Price
4000 Drexel Ave Madison, WI 53716
Lake Edge NeighborhoodEstimated Value: $340,096
2
Beds
1
Bath
1,227
Sq Ft
$277/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Forced Air Heating and Cooling System
- Wood Siding
- Attached Garage
- Level Lot
- 1-minute walk to Lake Edge Park
About This Home
As of October 2025This beautifully updated single-story home offers a modern, open-concept layout with flexible living options. Use as a 2-bedroom or 1-bedroom with a large flex space ideal for an office, guest room, or studio. The home has been completely gutted and renovated with quality craftsmanship throughout. Sitting on a spacious corner lot in a highly desirable neighborhood, this property offers excellent outdoor potential with room to garden or entertain. Whether you’re looking to downsize or for the perfect starter home, this one’s for you! Don’t miss out on this great opportunity.
Last Agent to Sell the Property
Realty Executives Cooper Spransy Brokerage Email: jessica@theminterteam.com License #92802-94 Listed on: 08/06/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,704
Year Built
- Built in 1950
Lot Details
- 9,583 Sq Ft Lot
- Level Lot
- Property is zoned R1
Home Design
- Ranch Style House
- Wood Siding
- Stone Exterior Construction
Interior Spaces
- 1,227 Sq Ft Home
- Wood Burning Fireplace
- Laundry on main level
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Attached Garage
- Driveway Level
Schools
- Southside Elementary School
- Sennett Middle School
- Lafollette High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- Lake Edge Park Subdivision
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2025
Closed on
Oct 7, 2025
Sold by
Mahon Mark T
Bought by
Seller's Agent
Jessica West
Realty Executives Cooper Spransy
Buyer's Agent
Tanner Nimke
LPT Realty
List Price
$345,000
Sold Price
$320,000
Premium/Discount to List
-$25,000
-7.25%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,096
Avg. Annual Appreciation
6.92%
Original Mortgage
$256,000
Outstanding Balance
$253,810
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$86,286
Purchase Details
Listed on
Aug 7, 2012
Closed on
Feb 19, 2013
Sold by
Ghavamshahidi Zohreh
Bought by
Mahon Mark T
Seller's Agent
Joseph Drury
Restaino & Associates
Buyer's Agent
Ginny Hazen Damman
Restaino & Associates
List Price
$79,000
Sold Price
$65,000
Premium/Discount to List
-$14,000
-17.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%
Purchase Details
Listed on
Feb 1, 2012
Closed on
May 15, 2012
Sold by
Bank Of America Na
Bought by
Ghavamshahidi Zohreh
Seller's Agent
Judi Kessler
South Central Non-Member
Buyer's Agent
Gail Rutkowski
Century 21 Affiliated
List Price
$85,000
Sold Price
$33,000
Premium/Discount to List
-$52,000
-61.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
149.94%
Purchase Details
Closed on
Nov 2, 2011
Sold by
Olds Duaina D
Bought by
Bank Of America N A
Purchase Details
Closed on
Apr 26, 2006
Sold by
Bath Lloyd and Bath Rosanne
Bought by
Olds Duaina D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,320
Interest Rate
6.39%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lake Edge, WI
-
Tim Norland
-
Areal Guenther
Areal Guenther
Realty Executives Cooper Spransy
(608) 292-6261
97 Total Sales
1 in Lake Edge
$330,000 Price
-
Ken Kaiser
Ken Kaiser
Real Broker LLC
(608) 292-6857
45 Total Sales
1 in Lake Edge
$310,000 Price
-
Lena Oberwetter
Lena Oberwetter
Real Broker LLC
(608) 512-0674
35 Total Sales
1 in Lake Edge
$308,000 Price
-
Jean Armendariz-Kerr
Jean Armendariz-Kerr
Mode Realty Network
(608) 292-5201
104 Total Sales
1 in Lake Edge
$320,133 Price
-
Mary Browning
Mary Browning
Compass Real Estate Wisconsin
(608) 292-3610
107 Total Sales
1 in Lake Edge
$230,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $320,000 | Founders Title | ||
| Mahon Mark T | $65,000 | None Available | |
| Ghavamshahidi Zohreh | $33,000 | First American Title | |
| Bank Of America N A | $128,700 | None Available | |
| Olds Duaina D | $157,800 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $256,000 | ||
| Previous Owner | Olds Duaina D | $126,180 | |
| Previous Owner | Olds Duaina D | $32,320 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/24/2025 10/24/25 | Sold | $320,000 | -7.2% | $261 / Sq Ft | |
| 08/27/2025 08/27/25 | For Sale | $345,000 | +7.8% | $281 / Sq Ft | |
| 08/06/2025 08/06/25 | Off Market | $320,000 | -- | -- | |
| 02/19/2013 02/19/13 | Sold | $65,000 | -17.7% | $53 / Sq Ft | View Prior Sale |
| 02/01/2013 02/01/13 | Pending | -- | -- | -- | |
| 08/07/2012 08/07/12 | For Sale | $79,000 | +139.4% | $64 / Sq Ft | |
| 05/25/2012 05/25/12 | Sold | $33,000 | -61.2% | $27 / Sq Ft | View Prior Sale |
| 04/16/2012 04/16/12 | Pending | -- | -- | -- | |
| 02/01/2012 02/01/12 | For Sale | $85,000 | -- | $69 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,122 | $294,100 | $96,300 | $197,800 |
| 2024 | $11,409 | $270,600 | $96,300 | $174,300 |
| 2023 | $5,597 | $259,200 | $92,200 | $167,000 |
| 2022 | $10,103 | $210,600 | $74,900 | $135,700 |
| 2021 | $4,482 | $168,500 | $74,900 | $93,600 |
| 2020 | $4,242 | $159,000 | $70,700 | $88,300 |
| 2019 | $3,344 | $150,000 | $66,700 | $83,300 |
| 2018 | $3,275 | $150,000 | $44,700 | $105,300 |
| 2017 | $3,066 | $134,400 | $44,700 | $89,700 |
| 2016 | $2,975 | $128,000 | $42,600 | $85,400 |
| 2015 | $3,143 | $67,000 | $40,200 | $26,800 |
| 2014 | $641 | $67,000 | $40,200 | $26,800 |
| 2013 | $7,559 | $65,000 | $40,200 | $24,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica West
Seller's Agent in 2025
Jessica West
Realty Executives
(608) 220-9342
1 in this area
54 Total Sales
-
Tanner Nimke
Buyer's Agent in 2025
Tanner Nimke
LPT Realty
(608) 571-6820
1 in this area
47 Total Sales
-
Joseph Drury
Seller's Agent in 2013
Joseph Drury
Restaino & Associates
(608) 213-3205
19 Total Sales
-
GD
Buyer's Agent in 2013
Ginny Hazen Damman
Restaino & Associates
-
JK
Seller's Agent in 2012
Judi Kessler
South Central Non-Member
-
Gail Rutkowski
Buyer's Agent in 2012
Gail Rutkowski
Century 21 Affiliated
(608) 345-8737
10 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2006076
APN: 0710-093-0701-0
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.
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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