NOT LISTED FOR SALE

4001 Monona Dr Unit 302 Monona, WI 53716

Lake Edge Neighborhood

Estimated Value: $590,000 - $830,000

2 Beds
2 Baths
1,690 Sq Ft
$400/mo HOA Fee

Last Sold February 24, 2023

Last sale price $592,000 $350 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,014/month

5 Days on Market

Highlights

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

About This Home

As of February 2023

Showings Begin 2/1/23. Incredible Breathtaking Capitol Views from this 3rd story on Lake Monona! Great Design for the best use of space in this Modern Styled unit. 2 pools at this complex offer many entertaining options along with a Pier on the Lake. Primary Suite offers endless lake views even from the Primary Bath! 2nd bedroom offers beautiful office built ins along with a Murphy Bed option. Storage Unit and 2 underground parking spaces round out this great condo option on Lake Monona!

Last Agent to Sell the Property

Ronda Lawry

RL Realty Group License #54222-90 Listed on: 01/16/2023

RL Realty Group

Last Buyer's Agent

Michael Restaino

Restaino & Associates License #57329-90

Restaino & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,644

Year Built

  • Built in 1987

Lot Details

  • 1,612

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,690 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Storage Room
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Grab Bar In Bathroom
  • Accessible Bedroom
  • Halls are 36 inches wide or more
  • Accessible Doors
  • Low Pile Carpeting
  • Ramped or Level from Garage

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • Lake Front
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-093-2718-3

Community Details

Overview

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

Recreation

  • Community Boat Slip
  • Community Pool

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,644

Year Built

Built in 1987

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Municipality: Monona
  • Status Detail: Sold
  • Mailing City: Monona
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Open floor plan, Ramped or lvl from garage, First floor bedroom, First floor full bath, Grab bars in bath, Level drive, Width of hallways 36in+, Door openings 29in+, Low pile or no carpeting, Elevator
  • Items Included: Cooktop, Refrigerator, Dishwasher, Microwave, Wall Oven, Disposal, Washer, Dryer, Window Coverings, Murphy Bed Wall Unit (no mattress), Mounted TV & Sonos Sound System
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Waters Edge I
  • Year Built: 1987
  • Above Grade Price Per Sq Ft: 310.65
  • Above Grade Sold Price Per Sq Ft: 350.3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1690
  • Finished Above Grade Sq Ft: 1690
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 14x16, On Level: M
  • Bedroom 2: Dimensions: 11x14, On Level: M
  • Kitchen: Dimensions: 20x16, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 22x16, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 6x7
  • Basement: None
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Intercom, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 3
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: 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, 2+ spaces assigned, Opener inc

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Security system, Close to busline, Elevator, Boatslip/Pier, Outdoor Pool
  • Condo Fee Month: 400
  • 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: 59700
  • Improvements: 418000
  • Total Assessment: 477700
  • Assessment year: 2022
  • Net Taxes: 8644
  • Tax Year: 2022
  • Assessor Parcel Number: 0710-093-2718-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 18, 2023
Sold by
Mougin Robert W
Bought by
Cynthia M Fisher Revocable Trust
Seller's Agent
Ronda Lawry
RL Realty Group
Buyer's Agent
Michael Restaino
Restaino & Associates
List Price
$525,000
Sold Price
$592,000
Premium/Discount to List
$67,000
12.76%
Views
79
Current Estimated Value
$711,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,681
Avg. Annual Appreciation
8.22%

Purchase Details

Listed on
Feb 24, 2017
Closed on
May 12, 2017
Sold by
Schumacher Stephen J and Richardson Emily M
Bought by
Mougin Robert W and Mougin Raymond Jane
Seller's Agent
Jenny Wedvick
Stark Company, REALTORS
Buyer's Agent
Bobbie Sumenek
South Central Non-Member
List Price
$425,000
Sold Price
$409,900
Premium/Discount to List
-$15,100
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Listed on
Nov 19, 2014
Closed on
Dec 17, 2014
Sold by
Manley Scott R and Smith Mary A
Bought by
Schumacher Stephen J and Richardson Emily M
Seller's Agent
. FSBO Comp
FSBO Comp
Buyer's Agent
Jenny Wedvick
Stark Company, REALTORS
List Price
$374,500
Sold Price
$374,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$299,600
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2011
Sold by
Manley Scott R and Smith Mary A
Bought by
City Of Monona
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cynthia M Fisher Revocable Trust $592,000 --
Mougin Robert W $409,900 None Available
Schumacher Stephen J $374,500 None Available
City Of Monona $5,861 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mougin Robert W $240,000
Previous Owner Schumacher Stephen J $299,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $592,000 +12.8% $350 / Sq Ft
01/31/2023 01/31/23 For Sale $525,000 -11.3% $311 / Sq Ft
01/16/2023 01/16/23 Off Market $592,000 -- --
05/18/2017 05/18/17 Sold $409,900 -3.6% $243 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $425,000 +13.5% $251 / Sq Ft
12/17/2014 12/17/14 Sold $374,500 0.0% $222 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $374,500 -- $222 / 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 $10,047 $592,000 $59,700 $532,300
2023 $8,466 $477,700 $59,700 $418,000
2021 $8,347 $430,900 $54,200 $376,700
2020 $8,175 $406,500 $49,100 $357,400
2019 $8,733 $418,100 $49,100 $369,000
2018 $8,675 $409,900 $44,700 $365,200
2017 $8,582 $393,700 $40,200 $353,500
2016 $8,207 $374,500 $40,200 $334,300
2015 $7,854 $374,500 $40,200 $334,300
2014 $5,266 $251,300 $38,300 $213,000
2013 $6,382 $244,900 $31,900 $213,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1948837

South Central Wisconsin Multiple Listing Service

APN: 0710-093-2718-3