NOT LISTED FOR SALE

4001 Monona Dr Unit 101 Monona, WI 53716

Lake Edge Neighborhood

Estimated Value: $563,000 - $759,000

1 Bed
2 Baths
1,612 Sq Ft
$404/mo HOA Fee

Last Sold April 11, 2023

Last sale price $481,000 $298 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,410/month

13 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Wood Flooring
  • Winnequah School Rated A-
  • Open Floorplan
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2023

One of the best views of downtown Madison and the Capitol is from Waters Edge Condos! Enjoy spectacular sunsets over Lake Monona and direct access to the lake from your first floor unit. Fabulous amenities including shared pier, two swimming pools, storage unit and TWO assigned parking spaces! One spacious bedroom plus den affords room for guests or home office. Association maintains the building and common areas beautifully incl. recently renovated hallways. Location & views cannot be beat - adding your own touches to the interior will be an excellent investment!

Last Agent to Sell the Property

Anna Trull

Stark Company, REALTORS License #53579-90 Listed on: 02/24/2023

Stark Company, REALTORS

Last Buyer's Agent

Ronda Lawry

RL Realty Group License #54222-90

RL Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,278

Year Built

  • Built in 1987

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $404 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,612 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace
  • Great Room
  • Den
  • Sun or Florida Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility
  • Low Pile Carpeting
  • Ramped or Level from Garage

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Cooling System
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0710-093-2700-3

Community Details

Overview

  • Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund, lawn maintenance
  • 16 Units
  • Located in the Waters Edge I master-planned community
  • Greenbelt

Recreation

  • Community Boat Slip
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,278

Year Built

Built in 1987

Lot Details

0

HOA Fees

$404 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 level entrance, Ramped or lvl from garage, First floor bedroom, First floor full bath, Stall shower, Low pile or no carpeting, Elevator
  • Items Excluded: Seller's personal property
  • Items Included: Refrigerator, Range/oven, Microwave, Dishwasher, Trash Compactor, Washer Dryer
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund, Lawn maintenance
  • Project Name: Waters Edge I
  • Year Built: 1987
  • Above Grade Price Per Sq Ft: 272.89
  • Above Grade Sold Price Per Sq Ft: 298.39
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1612
  • Finished Above Grade Sq Ft: 1612
  • Bedrooms: 1
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 15x14, On Level: M
  • Kitchen: Dimensions: 17x10, On Level: M
  • Kitchen Features: Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 16x14, On Level: M
  • Dining Area: Dimensions: 6x14, On Level: M
  • Other Rooms: Den/Office, Sun Room
  • Other Room 1: Den/Office, Dimensions: 12x11, On Level: M
  • Other Room 2: Sun Room, Dimensions: 14x7, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Wood, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Great room, Washer, Dryer, Jetted bathtub, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Walk-in Shower, Separate Tub

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: Monona
  • Exterior: Brick, Stone

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Radiant, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, 2+ spaces assigned, Opener inc

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline, Elevator, Boatslip/Pier, Outdoor Pool
  • Condo Fee Month: 404
  • Condo Management: Unit Owners
  • Proposed Units In Assoc: 24
  • Units in Association: 24
  • Units In Building: 16

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: 59600
  • Improvements: 292800
  • Total Assessment: 352400
  • Assessment year: 2022
  • Net Taxes: 6278
  • Tax Year: 2022
  • Assessor Parcel Number: 0710-093-2700-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 11, 2023
Sold by
Wireman Margaret L
Bought by
Dawn A Mcintosh Revocable Living Trust
Seller's Agent
Anna Trull
Stark Company, REALTORS
Buyer's Agent
Ronda Lawry
RL Realty Group
List Price
$439,900
Sold Price
$481,000
Premium/Discount to List
$41,100
9.34%
Views
185
Current Estimated Value
$603,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,321
Avg. Annual Appreciation
5.52%
Original Mortgage
$472,300
Interest Rate
6.65%
Mortgage Type
Balloon
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
Dawn A Mcintosh Revocable Living Trust $481,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawn A Mcintosh Revocable Livi A $200,000
Closed Dawn A Mcintosh Revocable Livi A $275,000
Closed Dawn A Mcintosh Revocable Living Trust $472,300
Previous Owner Wireman Margaret L $158,400
Previous Owner Wireman Margaret $168,800
Previous Owner Wireman Margaret L $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $481,000 +9.3% $298 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $439,900 -8.5% $273 / Sq Ft
02/24/2023 02/24/23 Off Market $481,000 -- --
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 $8,093 $481,000 $59,600 $421,400
2023 $6,125 $352,400 $59,600 $292,800
2021 $6,165 $323,300 $54,200 $269,100
2020 $6,057 $305,000 $49,100 $255,900
2019 $6,275 $305,000 $49,100 $255,900
2018 $5,681 $273,300 $44,700 $228,600
2017 $5,349 $249,600 $40,200 $209,400
2016 $5,111 $237,700 $40,200 $197,500
2015 $4,905 $237,700 $40,200 $197,500
2014 $4,926 $235,800 $38,300 $197,500
2013 $5,894 $229,400 $31,900 $197,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1950673

South Central Wisconsin Multiple Listing Service

APN: 0710-093-2700-3