$985,000
SOLD AUG 1, 2025
2 Beds
2.5 Baths
1,644 Sq Ft
$542/mo HOA Fee

Recently Sold

$599 Per Sq Ft

4% Above List Price

1 Day on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Wood Flooring
  • Marquette Elementary Rated A-
  • Wooded Lot
  • 2-minute walk to R. Richard Wagner Park

About This Home

As of August 2025

Luxury lakefront living in the heart of downtown Madison. This coveted corner unit at the Fauerbach Condos offers 2 beds, 2.5 baths, and stunning Lake Monona views. Just steps from Capitol Square, enjoy a lifestyle of culture and convenience. The main level features a spacious living room with fireplace and walkout to the lake, dining area with patio access, and a sleek kitchen with black stainless appliances, white cabinetry, black countertops, and gray subway tile. Stylish, modern lighting throughout. Upstairs offers two large en suite bedrooms with walk-in closets and custom systems. Includes parking spaces 27 + 28, plus storage and private entrance into the unit.

Last Agent to Sell the Property

Shelly Sprinkman

Sprinkman Real Estate License #57436-90 Listed on: 06/20/2025

Last Buyer's Agent

Mark Gladue

Lauer Realty Group, Inc. License #56190-90

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,120

Year Built

  • Built in 1980

Lot Details

  • Lake Front
  • End Unit
  • Private Entrance
  • Wooded Lot

HOA Fees

  • $542 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,644 Sq Ft Home
  • Wood Burning Fireplace
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Approach with Ramp
  • Ramped or Level from Garage

Outdoor Features

  • Waterski or Wakeboard
  • Patio

Location

  • Property is near a bus stop

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Cooling System
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0709-134-2310-2

Community Details

Overview

  • Association fees include parking, heat, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance, high speed internet
  • 6 Units
  • Located in the Fauerbach Condominium master-planned community
  • Property Manager
  • Greenbelt

Recreation

  • Community Boat Slip

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,120

Year Built

Built in 1980

Lot Details

0

HOA Fees

$542 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story, End Unit
  • Items Excluded: Sellers' Personal Belongings, 4 Lights in Foyer, UL Hall, LL Hall
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Dining Room Light Fixture
  • Fee Includes: Parking, Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance, High Speed Internet
  • Project Name: Fauerbach Condominium
  • Year Built: 1980
  • Above Grade Price Per Sq Ft: 577.86
  • Above Grade Sold Price Per Sq Ft: 599.15
  • Reso Accessibility Features: Ramped or level entrance, Ramped or lvl from garage, Level lot
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Sq Ft: 1644
  • Finished Above Grade Sq Ft: 1644
  • Bedrooms: 2
  • Total Bathrooms: 2.5
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 11x14, On Level: U
  • Bedroom 2: Dimensions: 9x14, On Level: U
  • Kitchen: Dimensions: 13x8, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 13x14, On Level: M
  • Dining Area: Dimensions: 8x8, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Wood, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Waterfront: Has actual water frontage, Lake, Water ski lake
  • Waterfront: Yes
  • Lake/River: Monona
  • Exterior: Vinyl, Aluminum/Steel
  • Exterior Features: Private Entry, Patio, Wooded lot

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Radiant, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 2 car Garage, Attached, Underground, 2+ spaces assigned, Opener inc

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline, Boatslip/Pier
  • Condo Fee Month: 542
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 37
  • Units in Association: 37
  • Units In Building: 6

Schools

  • School District: Madison
  • Elementary School: Lapham/Marquette
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Zoning: HIS-TL
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 106800
  • Improvements: 710700
  • Total Assessment: 817500
  • Assessment year: 2024
  • Net Taxes: 14120
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-134-2310-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2025
Closed on
Jul 28, 2025
Sold by
Wilson Robert C and Wilson Constance M
Bought by
Fournier Wallis and Fournier Eric
Seller's Agent
Shelly Sprinkman
Sprinkman Real Estate
Buyer's Agent
Mark Gladue
Lauer Realty Group, Inc.
List Price
$950,000
Sold Price
$985,000
Premium/Discount to List
$35,000
3.68%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-81.29%
Original Mortgage
$385,000
Outstanding Balance
$385,000
Interest Rate
5.96%
Mortgage Type
New Conventional
Estimated Equity
$490,959

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 3, 2021
Sold by
Johnson Erik S and Johnson Amy D
Bought by
Wilson Robert C and Wilson Constance M
Seller's Agent
Chas Martin
Sprinkman Real Estate
Buyer's Agent
Marine Yoo
Real Broker LLC
List Price
$699,500
Sold Price
$685,000
Premium/Discount to List
-$14,500
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$513,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 18, 2020
Sold by
Best J Donald J and Best Brigette
Bought by
Johnson Revocable Living Trust
Seller's Agent
Joe Welsh
South Central Non-Member
Buyer's Agent
Joe Welsh
South Central Non-Member
List Price
$565,000
Sold Price
$575,000
Premium/Discount to List
$10,000
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.96%
Original Mortgage
$425,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2015
Closed on
Sep 1, 2015
Sold by
Better Maurice and Better Sybil
Bought by
Best J Donald and Best Brigette
Seller's Agent
. FSBO Comp
FSBO Comp
Buyer's Agent
Chris Atkinson
Restaino & Associates
List Price
$470,000
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$352,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $985,000 Nations Title
Deed $685,000 Nations Title
Condominium Deed $575,000 Knight Barry Title
Condominium Deed $470,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 New Conventional
Previous Owner $513,750 New Conventional
Previous Owner $425,000 New Conventional
Previous Owner $352,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $985,000 +3.7% $599 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
06/30/2025 06/30/25 For Sale $950,000 -3.6% $578 / Sq Ft
06/20/2025 06/20/25 Off Market $985,000 -- --
06/03/2021 06/03/21 Sold $685,000 -2.1% $417 / Sq Ft
04/09/2021 04/09/21 For Sale $699,500 +21.7% $425 / Sq Ft
09/18/2020 09/18/20 Sold $575,000 +1.8% $350 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $565,000 +20.2% $344 / Sq Ft
09/01/2015 09/01/15 Sold $470,000 0.0% $286 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $470,000 -- $286 / 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 $28,239 $817,500 $106,800 $710,700
2023 $14,234 $801,500 $106,800 $694,700
2021 $11,973 $575,000 $106,800 $468,200
2020 $10,292 $470,000 $106,800 $363,200
2019 $10,304 $470,000 $106,800 $363,200
2018 $10,319 $470,000 $106,800 $363,200
2017 $10,748 $470,000 $92,900 $377,100
2016 $11,037 $470,000 $92,900 $377,100
2015 $7,592 $322,000 $80,800 $241,200
2014 $7,592 $322,000 $80,800 $241,200
2013 $7,241 $322,000 $80,800 $241,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2002604

South Central Wisconsin Multiple Listing Service

APN: 0709-134-2310-2