NOT LISTED FOR SALE

4005 Drexel Ave Madison, WI 53716

Lake Edge Neighborhood

Estimated Value: $390,000 - $448,000

3 Beds
2.5 Baths
1,890 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $330,000 $175 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,070/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • Ranch Style House
  • Game Room
  • 2-minute walk to Lake Edge Park

About This Home

As of May 2022

Showings start at 12pm on 4/28. Charming East Side home in walking distance of Lake Monona has many great updates including roof/gutters, large private fenced in yard with mature trees , new deck ready for entertaining, new garage door with smart Wi-Fi opener, new water softener, and more! Close to the new Pinney Library, multiple parks, cafes, bike path, Olbrich park and gardens, Nuestro Mundo and Frank Allis School district. 13X17 shop behind garage. Stop renting and make this one your own! Move in ready with all appliances included. Schedule your showing today so you don't miss out on this one! Basement floor is currently bare concrete, ready for your finishing touches. Preferred closing date 7/1.

Last Agent to Sell the Property

Chris Davis

First Weber Inc License #81010-94 Listed on: 04/26/2022

First Weber Inc

Last Buyer's Agent

Michael Leeson

Realty Executives Cooper Spransy License #91895-94

Realty Executives Cooper Spransy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,776

Year Built

  • Built in 1935

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Poured Concrete

Interior Spaces

  • Den
  • Game Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Storage Shed

Schools

  • Allis Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,776

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Items Excluded: Seller's Personal Property, White board in office
  • Items Included: Washer, Dryer, Oven/Range, Dishwasher, Refrigerator, Water Softener, All Window Coverings
  • Year Built: 1935
  • Above Grade Sold Price Per Sq Ft: 285.22
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1157
  • Finished Non Exp Sq Ft: 733
  • Finished Sq Ft: 1890
  • Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 15x10, On Level: M
  • Bedroom 2: Dimensions: 10x10, On Level: M
  • Bedroom 3: Dimensions: 15x14, On Level: L
  • Kitchen: Dimensions: 10x13, On Level: M
  • Kitchen Features: Range/Oven, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 10x17, On Level: M
  • Family Room: Dimensions: 16x16, On Level: L
  • Other Rooms: Den/Office, Game Room
  • Other Room 1: Game Room, Dimensions: 15x12, On Level: L
  • Other Room 2: Den/Office, Dimensions: 10x06, On Level: M
  • Laundry: On Level: L
  • Basement: Full, Finished, Partially finished, Sump pump, Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Aluminum/Steel
  • Exterior Features: Deck, Patio, Fenced Yard, Storage building

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, 2 car, Detached, Opener
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Allis
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.26
  • Zoning: RES
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 4776
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 18, 2022
Sold by
Garrett Kimberly C
Bought by
Wilde Christopher and Wilde Amy
Seller's Agent
Chris Davis
First Weber Inc
Buyer's Agent
Michael Leeson
Realty Executives Cooper Spransy
List Price
$250,000
Sold Price
$330,000
Premium/Discount to List
$80,000
32%
Current Estimated Value
$408,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,148
Avg. Annual Appreciation
6.49%
Original Mortgage
$280,500
Outstanding Balance
$264,247
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$150,932

Purchase Details

Closed on
Apr 19, 2011
Sold by
Arias Alejandro
Bought by
Garrett Kimberly C and Arias Kimberly C

Purchase Details

Closed on
Jun 20, 2007
Sold by
Mathison Travis E and Mathison Angela J
Bought by
Arias Kimberly C and Arias Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilde Christopher $330,000 None Listed On Document
Garrett Kimberly C -- None Available
Arias Kimberly C $177,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilde Christopher $280,500
Previous Owner Arias Kimberly C $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $330,000 +32.0% $175 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $250,000 -- $132 / 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 $11,234 $337,200 $99,200 $238,000
2023 $5,616 $330,000 $95,000 $235,000
2022 $10,125 $273,800 $77,200 $196,600
2021 $4,775 $240,200 $77,200 $163,000
2020 $4,818 $226,600 $72,800 $153,800
2019 $4,525 $213,800 $68,700 $145,100
2018 $4,549 $213,800 $47,700 $166,100
2017 $4,120 $185,900 $47,700 $138,200
2016 $4,013 $177,000 $45,400 $131,600
2015 $3,996 $173,500 $42,800 $130,700
2014 $3,994 $173,500 $42,800 $130,700
2013 $3,945 $173,500 $42,800 $130,700
Source: Public Records

Agents Affiliated with this Home

  • Chris Davis

    Seller's Agent in 2022

    Chris Davis

    First Weber Inc

    (608) 201-5340

    1 in this area

    69 Total Sales

    Chris Davis
    Section Image
  • Michael Leeson

    Buyer's Agent in 2022

    Michael Leeson

    Realty Executives

    (608) 843-3203

    3 in this area

    195 Total Sales

    Michael Leeson
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1932694

South Central Wisconsin Multiple Listing Service

APN: 0710-093-0613-7

Wisconsin Dane County Madison 53716 Lake Edge

4005 Drexel Ave, Madison, WI

Not Listed for Sale

Detached

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