NOT LISTED FOR SALE

4107 Drexel Ave Madison, WI 53716

Lake Edge Neighborhood

Estimated Value: $406,000 - $448,690

2 Beds
1.5 Baths
1,674 Sq Ft
$255/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $439,000 $262 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,234/month

5 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Recreation Room
  • 3-minute walk to Lake Edge Park

About This Home

As of March 2024

Nestled in coveted Lake Edge Park, discover a perfect blend of comfort & convenience in this charming Cape Cod. Original hardwood floors elegantly revived, complemented by a restored staircase that gracefully welcomes you into the lovely living space. Inviting living room features a wood-burning FP, enhanced by adjacent sunroom flooding w/ natural light. An updated eat-in kitchen awaits, while a versatile flex room offers possibilities as formal dining, home office, or 3rd bedroom. Upstairs, gleaming hardwood floors lead to two generously sized bedrooms & updated bath. Lower level w/ rec room & plenty of storage. Outside, a fully fenced backyard & spacious deck provide an ideal setting for entertaining. Nearby downtown, Atwood District, Olbrich Park, schools, bike paths, lake fun & more!

Last Agent to Sell the Property

Amy Reuter

Sprinkman Real Estate License #76618-94 Listed on: 02/19/2024

Last Buyer's Agent

Anna Trull

Stark Company, REALTORS License #53579-90

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,981

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard

Parking

  • Detached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Recreation Room
  • Sun or Florida Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage
  • Storage Shed

Location

  • Property is near bus stop

Schools

  • Southside Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener Leased
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Edge Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,981

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: 1 1/2 story
  • Architecture: Cape Cod
  • Barrier Free: Open floor plan
  • Items Excluded: Sellers Personal Property
  • Items Included: Washer, dryer, range/oven, refrigerators, microwave, all window coverings, garage shelving, storage shed, firewood, wooden picnic table, 4 outdoor chairs, gazebo, snow blower.
  • Year Built: 1941
  • Above Grade Sold Price Per Sq Ft: 306.56
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1432
  • Finished Non Exp Sq Ft: 242
  • Finished Sq Ft: 1674
  • Bedrooms: 2
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 11x17, On Level: U
  • Bedroom 2: Dimensions: 9x16, On Level: U
  • Kitchen: Dimensions: 11x12, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Microwave
  • Living Room: Dimensions: 12x23, On Level: M
  • Other Rooms: Rec Room, Sun Room
  • Other Room 1: Sun Room, Dimensions: 14x16, On Level: M
  • Other Room 2: Other, Dimensions: 11x11, On Level: M
  • Other Room 3: Rec Room, Dimensions: 11x22, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Partially finished
  • Fireplace: Wood
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener RENTED, Cable available, At Least 1 tub, Internet - Cable
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Fenced Yard, Storage building

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.26
  • Lot Description: Close to busline
  • Zoning: RES
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 5981
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 14, 2024
Sold by
Castillo Romeo and Castillo Denise
Bought by
Fellows Alexander and Fellows Kristine L
Seller's Agent
Amy Reuter
Sprinkman Real Estate
Buyer's Agent
Anna Trull
Stark Company, REALTORS
List Price
$385,000
Sold Price
$439,000
Premium/Discount to List
$54,000
14.03%
Views
245
Current Estimated Value
$427,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,327
Avg. Annual Appreciation
-1.40%
Original Mortgage
$395,100
Outstanding Balance
$388,528
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$39,145
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
Fellows Alexander $439,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fellows Alexander $395,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2024 03/14/24 Sold $439,000 +14.0% $262 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $385,000 -12.3% $230 / Sq Ft
02/19/2024 02/19/24 Off Market $439,000 -- --
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 $12,232 $365,400 $99,400 $266,000
2023 $5,981 $350,000 $95,200 $254,800
2022 $10,541 $284,300 $77,300 $207,000
2021 $4,973 $249,400 $77,300 $172,100
2020 $5,014 $235,300 $72,900 $162,400
2019 $4,710 $222,000 $68,800 $153,200
2018 $4,734 $222,000 $47,700 $174,300
2017 $4,260 $191,900 $47,700 $144,200
2016 $4,152 $182,800 $45,400 $137,400
2015 $4,134 $179,200 $42,800 $136,400
2014 $4,132 $179,200 $42,800 $136,400
2013 $3,813 $179,200 $42,800 $136,400
Source: Public Records

Agents Affiliated with this Home

  • Amy Reuter

    Seller's Agent in 2024

    Amy Reuter

    Sprinkman Real Estate

    (608) 669-8978

    2 in this area

    93 Total Sales

    Amy Reuter
    Section Image
  • Anna Trull

    Buyer's Agent in 2024

    Anna Trull

    Stark Company, REALTORS

    (608) 206-5010

    4 in this area

    140 Total Sales

    Anna Trull
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1971309

South Central Wisconsin Multiple Listing Service

APN: 0710-093-1004-7

Wisconsin Dane County Madison 53716 Lake Edge

4107 Drexel Ave, Madison, WI

Not Listed for Sale

Detached

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