NOT LISTED FOR SALE

4008 Drexel Ave Madison, WI 53716

Lake Edge Neighborhood

Estimated Value: $387,000 - $456,000

3 Beds
2.5 Baths
1,224 Sq Ft
$341/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $213,000 $174 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,598/month

9 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Bathtub
  • Wood Flooring
  • Detached Garage
  • 2-minute walk to Lake Edge Park

About This Home

As of April 2017

Come see this great 3br home with large 2 car garage on Quiet Tree-Lined Street Close to Bike Trails & Bus Lines, & a Public Park! Enjoy the spacious lot to run and play as well as a terrific garden including grapes, raspberries, strawberries, rhubarb, asparagus, and an apple tree! Enjoy the spacious 3 seasons porch. Homes has great character and lots of usable basement storage! See associated docs for sellers’ letter to buyers for more features! Won’t be on the market long! for 24 hour information or to speak with an agent, please call 800-837-1483, ext 2613.

Last Agent to Sell the Property

Jo Ferraro

EXP Realty, LLC License #52802-90 Listed on: 02/09/2017

EXP Realty, LLC

Last Buyer's Agent

Tobi Silgman

Lauer Realty Group, Inc. License #61610-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,890

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Property is zoned R1

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wood Flooring
  • Laundry on lower level

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Handicap Shower
  • Accessible Bedroom

Location

  • Property is near bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener

Community Details

  • Lake Edge Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,890

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Stall shower, Level drive, Level lot
  • Items Included: All window coverings
  • Year Built: 1941
  • Above Grade Sold Price Per Sq Ft: 174.02
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1224
  • Finished Sq Ft: 1224
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 11x10, On Level: M
  • Bedroom 2: Dimensions: 17x10, On Level: U
  • Bedroom 3: Dimensions: 13x19, On Level: U
  • Kitchen: Dimensions: 15x11, On Level: M
  • Kitchen Features: Kitchen Island, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 13x11, On Level: M
  • Dining Room: Dimensions: 13x12, On Level: M
  • Other Room 1: Other, Dimensions: 19x7, On Level: M
  • Laundry: On Level: L
  • Basement: Full, Crawl space, Sump pump
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Water softener inc, At Least 1 tub
  • Primary Bedroom Bathrooms: Half

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Driveway: Paved, Extra paving
  • Garage: 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
  • Lot Description: Close to busline
  • Zoning: R1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3890
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Apr 3, 2017
Sold by
Shatswell William T and Hart Shatswell Kimberly M
Bought by
Kuh Emily and Kuh Gregory
Seller's Agent
Jo Ferraro
EXP Realty, LLC
Buyer's Agent
Tobi Silgman
Lauer Realty Group, Inc.
List Price
$213,500
Sold Price
$213,000
Premium/Discount to List
-$500
-0.23%
Current Estimated Value
$417,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,179
Avg. Annual Appreciation
7.98%
Original Mortgage
$170,400
Outstanding Balance
$141,369
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$275,810

Purchase Details

Closed on
May 3, 2011
Sold by
Davison William B and Davison Mercedes P
Bought by
Shatswell William T and Hart Shatswell Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,228
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2010
Sold by
Reeve Marlene D
Bought by
Davison William B and Davison Mercedes P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2010
Sold by
Reeve Marlene D and Estate Of Harry J Reeve
Bought by
Reeve Marlene D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kuh Emily -- None Available
Shatswell William T $168,500 Dane County Title Company
Davison William B $175,500 None Available
Reeve Marlene D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuh Emily $170,400
Previous Owner Shatswell William T $164,228
Previous Owner Davison William B $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2017 04/03/17 Sold $213,000 -0.2% $174 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $213,500 -- $174 / 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 $12,990 $386,800 $99,500 $287,300
2023 $6,356 $370,500 $95,300 $275,200
2022 $11,203 $301,000 $77,400 $223,600
2021 $5,287 $264,000 $77,400 $186,600
2020 $5,324 $249,100 $73,000 $176,100
2019 $4,913 $231,000 $68,900 $162,100
2018 $4,936 $231,000 $48,400 $182,600
2017 $3,994 $180,500 $48,400 $132,100
2016 $3,891 $171,900 $46,100 $125,800
2015 $3,875 $168,500 $43,500 $125,000
2014 $3,873 $168,500 $43,500 $125,000
2013 $3,867 $168,500 $43,500 $125,000
Source: Public Records

Agents Affiliated with this Home

  • Jo Ferraro

    Seller's Agent in 2017

    Jo Ferraro

    EXP Realty, LLC

    (608) 445-2287

    7 in this area

    989 Total Sales

    Jo Ferraro
    Section Image
  • Tobi Silgman

    Buyer's Agent in 2017

    Tobi Silgman

    Lauer Realty Group, Inc.

    (608) 279-3591

    5 in this area

    246 Total Sales

    Tobi Silgman
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1794837

South Central Wisconsin Multiple Listing Service

APN: 0710-093-0705-2

Wisconsin Dane County Madison 53716 Lake Edge

4008 Drexel Ave, Madison, WI

Not Listed for Sale

Detached

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