NOT LISTED FOR SALE

405 Bailey Dr Madison, WI 53718

East Madison Neighborhood

Estimated Value: $549,000 - $587,000

3 Beds
3.5 Baths
3,126 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2020

Last sale price $390,000 $125 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,903 / mo

26 Days on Market

Highlights

  • 0.34 Acre Lot
  • Colonial Architecture
  • Recreation Room
  • Open Floorplan
  • Deck
  • Hydromassage or Jetted Bathtub

About This Home

As of July 2020

WELCOME TO YOUR HAPPY PLACE! Exciting 3 Bedroom, 3.5 Bath 2-Story Transitional that boasts gourmet kitchen w/stainless steel appliances, bright & cheery living rm & main floor family room w/impressive gas fireplace. Great Master Suite w/relaxing jacuzzi, double sinks & huge walk-in closet. Exposed lower level rec room plus office! Expansive FENCED backyard with mature trees and nice landscaping!

Last Agent to Sell the Property

Matt Kornstedt

Stark Company, REALTORS Listed on: 05/18/2020

Stark Company, REALTORS

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,549

Year Built

  • Built in 2004

Lot Details

  • 0.34

Home Design

  • Colonial Architecture
  • Craftsman Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Mud Room
  • Den
  • Recreation Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • Attached Garage
  • Driveway Level

Schools

  • Kennedy Elementary School
  • Whitehorse Middle School
  • Lafollette High School

Additional Features

  • Air Cleaner
  • Deck
  • 14,810 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Reston Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,549

Year Built

Built in 2004

Lot Details

0.34 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Colonial, Prairie/Craftsman
  • Barrier Free: Open floor plan, Level drive
  • Items Included: Range/Oven, Refrigerator, Microwave, Garbage Disposal, Dishwasher, Washer, Dryer, Garage Opener, Water Softner
  • Year Built: 2004
  • Above Grade Sold Price Per Sq Ft: 171.58
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 2273
  • Finished Non Exp Sq Ft: 853
  • Finished Sq Ft: 3126
  • Bedrooms: 3
  • Main Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 15x14, On Level: U
  • Bedroom 2: Dimensions: 13x11, On Level: U
  • Bedroom 3: Dimensions: 12x10, On Level: U
  • Kitchen: Dimensions: 14x11, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 14x13, On Level: M
  • Dining Room: Dimensions: 13x12, On Level: M
  • Family Room: Dimensions: 23x14, On Level: M
  • Other Rooms: Den/Office, Mud Room, Rec Room
  • Other Room 1: Rec Room, Dimensions: 22x14, On Level: L
  • Other Room 2: Den/Office, Dimensions: 7x5, On Level: L
  • Other Room 3: Mud Room, Dimensions: 17x5, On Level: M
  • Laundry: On Level: M
  • Basement: Full, Full Size Windows/Exposed, Finished
  • Fireplace: Gas
  • Interior Amenities: Walk-in closet(s), Washer, Dryer, Air cleaner, Jetted bathtub
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck

Garage/Parking

  • Driveway: Paved
  • Garage: 3 car, Attached
  • Total Full Garage Stalls: 3

Utilities

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

Schools

  • Elementary School: Kennedy
  • High School: Lafollette
  • Middle School: Whitehorse
  • School District: Madison

Lot Info

  • Estimated Aces: 0.34
  • Lot Dimensions: 14,853 sq ft
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 8549
  • Tax Year: 2019

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
May 18, 2020
Closed on
Jul 17, 2020
Sold by
Bought by
Seller's Agent
Matt Kornstedt
Stark Company, REALTORS
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$419,000
Sold Price
$390,000
Premium/Discount to List
-$29,000
-6.92%
Current Estimated Value
$571,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,715
Avg. Annual Appreciation
6.66%
Original Mortgage
$312,000
Outstanding Balance
$271,675
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$300,040

Purchase Details

Listed on
Aug 25, 2011
Closed on
May 25, 2012
Sold by
Bought by
Seller's Agent
John Rolfsmeyer
South Central Non-Member
Buyer's Agent
Brenden Kornell
South Central Non-Member
List Price
$179,900
Sold Price
$264,000
Premium/Discount to List
$84,100
46.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$211,200
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,990
Interest Rate
6.34%
Mortgage Type
Credit Line Revolving
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

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
$390,000 None Available
$264,000 None Available
$319,900 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 $312,000
Previous Owner $211,200
Previous Owner $31,990
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
07/17/2020 07/17/20 Sold $390,000 0.0% $125 / Sq Ft
06/09/2020 06/09/20 Price Changed $389,900 -1.3% $125 / Sq Ft
06/08/2020 06/08/20 Price Changed $394,900 -1.3% $126 / Sq Ft
05/30/2020 05/30/20 Price Changed $399,900 -4.6% $128 / Sq Ft
05/18/2020 05/18/20 For Sale $419,000 +58.7% $134 / Sq Ft
05/25/2012 05/25/12 Sold $264,000 +46.7% $84 / Sq Ft View Prior Sale
04/25/2012 04/25/12 Pending -- -- --
08/25/2011 08/25/11 For Sale $179,900 -- $58 / 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 $9,784 $544,000 $116,200 $427,800
2024 $17,816 $523,100 $116,200 $406,900
2023 $8,604 $493,500 $109,600 $383,900
2022 $16,894 $444,600 $90,200 $354,400
2021 $7,996 $390,000 $79,100 $310,900
2020 $8,804 $404,000 $75,300 $328,700
2019 $8,549 $392,200 $73,100 $319,100
2018 $7,763 $356,500 $73,100 $283,400
2017 $7,629 $336,300 $73,100 $263,200
2016 $7,448 $320,300 $73,100 $247,200
2015 $7,180 $264,000 $69,600 $194,400
2014 $6,187 $264,000 $69,600 $194,400
2013 $6,670 $264,000 $69,400 $194,600
Source: Public Records

Agents Affiliated with this Home

  • Matt Kornstedt

    Seller's Agent in 2020

    Matt Kornstedt

    Stark Company, REALTORS

    (608) 345-7943

    78 in this area

    1,940 Total Sales

    Matt Kornstedt
    Section Image

  • S

    Buyer's Agent in 2020

    SCWMLS Non-Member

    South Central Non-Member

  • J

    Seller's Agent in 2012

    John Rolfsmeyer

    South Central Non-Member

  • B

    Buyer's Agent in 2012

    Brenden Kornell

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1883642

South Central Wisconsin Multiple Listing Service

APN: 0710-013-1305-7

Wisconsin Dane County Madison 53718 East Madison

405 Bailey Dr, Madison, WI

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South Central Wisconsin Multiple Listing Service 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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