NOT LISTED FOR SALE

4540 Rustic Dr Madison, WI 53718

East Madison Neighborhood

Estimated Value: $258,189 - $324,000

5.1 Acres
$57,077 Price per Acre
222,156 Sq Ft Lot

Last Sold June 01, 2017

Last sale price $185,000

Est. 57% increase in value since last sale

Current estimated payment $1,813/month

5 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Level Lot
  • 5.1 Acre Lot
  • Shed

About This Lot

As of June 2017

Take advantage of this unique opportunity to own 5.1 acres while still being near the city. This beautiful piece of land is bordered with mature trees yet has plenty of wide open space. Build your dream home or just enjoy a large piece of the country. Owner has gardened, planted apple trees and grape vines throughout the years. Looking for the right owner to bring life back to the land. Large shed to house machinery/vehicles. Electricity and a Well are currently on land.

Last Agent to Sell the Property

Marc Gerothanas

First Weber Inc License #75388-94 Listed on: 03/30/2017

First Weber Inc

Last Buyer's Agent

Marc Gerothanas

First Weber Inc License #75388-94 Listed on: 03/30/2017

First Weber Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,623

Lot Details

  • 5.1 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned A-2(4)

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well
  • No Trash Service

Listing and Financial Details

  • Assessor Parcel Number 0710-024-8300-8

Community Details

Overview

  • Rustic Acres Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,623

Lot Details

0

Listing Details

  • Municipality: Blooming Grove
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Type Of Property: Rural
  • Features: Wooded
  • Legal Description: SEC 2-7-10 PRT E1/2 SE1/4 COM SEC E1/4 C
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Dirt/unpaved, Private

Utilities

  • Utilities Avail To Lot: Electricity
  • Waste Disposal: None presently
  • Water System: Well on site

Schools

  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Lot Description: Rural - in subdivision, Horses Allowed
  • Zoning: A-2(4)
  • Number Of Lots: 1
  • Present Zoning: Single family
  • Topography: Level
  • Total Acres: 5.1
  • Geo Subdivision: WI

Tax Info

  • Improvements Type: Shed
  • Net Taxes: 1623
  • Tax Year: 2016
  • Assessor Parcel Number: 0710-024-8300-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jun 1, 2017
Sold by
Nicka John G and Nicka Betty L
Bought by
Katzenmeyer Rebecca and Katzenmeyer Elijah
Seller's Agent
Marc Gerothanas
First Weber Inc
Buyer's Agent
Marc Gerothanas
First Weber Inc
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Current Estimated Value
$291,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,095
Avg. Annual Appreciation
5.40%
Original Mortgage
$166,500
Interest Rate
3.97%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Katzenmeyer Rebecca $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Katzenmeyer Rebecca $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $185,000 +5.7% --
04/04/2017 04/04/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $175,000 -- --
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
2023 $1,758 $89,500 $81,100 $8,400
2022 $1,692 $89,500 $81,100 $8,400
2021 $1,608 $89,500 $81,100 $8,400
2020 $1,523 $89,500 $81,100 $8,400
2019 $1,519 $89,500 $81,100 $8,400
2018 $1,588 $89,500 $81,100 $8,400
2017 $1,626 $89,500 $81,100 $8,400
2016 $1,623 $89,500 $81,100 $8,400
2015 $1,684 $89,500 $81,100 $8,400
2014 $1,764 $89,500 $81,100 $8,400
2013 $1,579 $89,500 $81,100 $8,400
Source: Public Records

Agents Affiliated with this Home

  • Marc Gerothanas

    Seller's Agent in 2017

    Marc Gerothanas

    First Weber Inc

    (608) 692-7248

    7 in this area

    84 Total Sales

    Marc Gerothanas
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1798709

South Central Wisconsin Multiple Listing Service

APN: 0710-024-8300-8

Wisconsin Dane County Madison 53718 East Madison

4540 Rustic Dr, Madison, WI

Not Listed for Sale

Lots

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