NOT LISTED FOR SALE

4301 Drexel Ave Madison, WI 53716

Lake Edge Neighborhood

Estimated Value: $443,000 - $604,000

4 Beds
2 Baths
1,933 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $326,000 $169 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,846/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Main Floor Bedroom
  • Recreation Room
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2020

Classic Cape Cod Style home situated on a gorgeous lot in the Lake Edge Neighborhood. This home features a new kitchen, thoughtfully remodeled w/ new cabinetry, breakfast bar, Acacia wood butcher block countertops, slate floors & SS appliances. Hardwood floors throughout the main level. First floor full bath newly remodeled w/ honed marble tile. Second floor features a master w/ a newly remodeled bath w/ walk in shower & plenty of closet space. Lower level finished w/ newer carpet, perfect for movie nights, gaming or just lounging! Newly refinished breezeway connects you to the 2 car garage which features a workshop that woodworkers, bike techs, hobbyists & gardeners will love! Fenced in Side yard complete with raised garden beds. All a short walk from restaurants and more! For more photos and information visit www.LauerRealtyGroup.com or call Mark Gladue at 608-658-0467

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 06/17/2020

Co-Listed By

Mark Gladue

Lauer Realty Group, Inc. License #56190-90

Last Buyer's Agent

Asher Masino

Lauer Realty Group, Inc. License #79846-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1951

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R1

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Recreation Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Outdoor Storage
  • Storage Shed

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
  • Cable TV Available

Community Details

  • Lake Edge Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,800

Year Built

Built in 1951

Lot Details

0.26 Acres

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: First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Seller's Personal Property
  • Items Included: Refrigerator, Range/Oven, Dishwasher, Disposal, Washer, Dryer, Water Softener, All Window Coverings, Shed in yard, Garage Door Opener
  • Year Built: 1951
  • Above Grade Sold Price Per Sq Ft: 224.36
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1453
  • Finished Non Exp Sq Ft: 480
  • Finished Sq Ft: 1933
  • Bedrooms: 4
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 15x12, On Level: U
  • Bedroom 2: Dimensions: 11x11, On Level: M
  • Bedroom 3: Dimensions: 12x9, On Level: M
  • Bedroom 4: Dimensions: 18x10, On Level: U
  • Kitchen: Dimensions: 11x10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Freezer, Disposal
  • Living Room: Dimensions: 18x11, On Level: M
  • Other Rooms: Rec Room
  • Other Room 1: Other, Dimensions: 7x5, On Level: M
  • Other Room 2: Other
  • Other Room 3: Rec Room, Dimensions: 26x19, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Partially finished, Block foundation
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Attached, 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: Corner, Wooded, Close to busline
  • Zoning: R1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 4800
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 31, 2020
Sold by
Fitch Michael and Fitch Stephanie
Bought by
Weger Benjamin and Weger Leigh
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Asher Masino
Lauer Realty Group, Inc.
List Price
$299,000
Sold Price
$326,000
Premium/Discount to List
$27,000
9.03%
Current Estimated Value
$507,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,597
Avg. Annual Appreciation
8.24%
Original Mortgage
$309,700
Outstanding Balance
$275,233
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$232,364

Purchase Details

Listed on
Feb 19, 2018
Closed on
Mar 30, 2018
Sold by
Frasier Julie R and Frasier Van Nicholas
Bought by
Fitch Michael and Fitch Stephanie
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Mark Gladue
Lauer Realty Group, Inc.
List Price
$207,500
Sold Price
$204,000
Premium/Discount to List
-$3,500
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.18%
Original Mortgage
$183,600
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2009
Sold by
Mtp Enterprises Llc
Bought by
Frasier Julie R and Frasier Van Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2008
Sold by
Williams Terry and Williams Michael
Bought by
Mtp Enterprises Llc
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
Weger Benjamin $326,000 Knight Barry Title
Fitch Michael $204,000 Knight Barry Title
Frasier Julie R $180,000 None Available
Mtp Enterprises Llc -- None Available
Williams Terry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weger Benjamin $309,700
Previous Owner Fitch Michael $183,600
Previous Owner Frasier Julie R $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $326,000 +0.3% $169 / Sq Ft
06/23/2020 06/23/20 Price Changed $325,000 +8.7% $168 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $299,000 +46.6% $155 / Sq Ft
03/30/2018 03/30/18 Sold $204,000 -1.7% $106 / Sq Ft View Prior Sale
02/23/2018 02/23/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $207,500 -- $107 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $14,870 $439,900 $99,200 $340,700
2023 $7,286 $421,400 $95,000 $326,400
2022 $12,840 $342,300 $77,200 $265,100
2021 $6,620 $326,000 $77,200 $248,800
2020 $5,111 $239,600 $72,800 $166,800
2019 $4,800 $226,000 $68,700 $157,300
2018 $4,355 $205,200 $47,700 $157,500
2017 $4,249 $183,200 $47,700 $135,500
2016 $4,067 $174,500 $45,400 $129,100
2015 $3,938 $171,100 $42,800 $128,300
2014 $3,936 $171,100 $42,800 $128,300
2013 $4,897 $171,100 $42,800 $128,300
Source: Public Records

Agents Affiliated with this Home

  • Liz Lauer

    Seller's Agent in 2020

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    7 in this area

    429 Total Sales

    Liz Lauer
    Section Image
  • Mark Gladue

    Seller Co-Listing Agent in 2020

    Mark Gladue

    Lauer Realty Group, Inc.

    (608) 658-0467

    4 in this area

    198 Total Sales

    Mark Gladue
    Section Image
  • Asher Masino

    Buyer's Agent in 2020

    Asher Masino

    Lauer Realty Group, Inc.

    (608) 509-8563

    10 in this area

    206 Total Sales

    Asher Masino
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1886033

South Central Wisconsin Multiple Listing Service

APN: 0710-093-1825-7

Wisconsin Dane County Madison 53716 Lake Edge

4301 Drexel Ave, Madison, WI

Not Listed for Sale

Detached

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