NOT LISTED FOR SALE

48 Craig Ave Unit 48 Madison, WI 53705

Spring Harbor Neighborhood

Estimated Value: $228,000 - $253,755

2 Beds
1 Bath
768 Sq Ft
$321/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $100,000 $130 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,530/month

36 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Bathtub
  • Spring Harbor Middle School Rated A-
  • Main Floor Bedroom
  • Walk-In Closet

About This Home

As of July 2014

This lovely stand-alone condo gives you the privacy of a home and the convenience of a condo - no mowing or shoveling! The interior was totally renovated in 2006 making it move-in ready. Neutral colors, new kitchen cabinets, appliances, counters, tile flooring & carpet. New windows & architectural shingles as of 2006. This is one of the few that has a covered front porch, a private deck, parking off the street in the back & a garage may be available to rent. Close to UW, bus line, Lake Mendota & park.

Last Agent to Sell the Property

Kathy Tanis

Collective Real Estate Group License #59111-94 Listed on: 04/30/2014

Last Buyer's Agent

Matt Winzenried

Realty Executives Cooper Spransy License #56875-90

Realty Executives Cooper Spransy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 1953

Lot Details

  • Private Entrance
  • Property is zoned TR-P

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Ranch Property
  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • Open Floorplan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Crestwood Elementary School
  • Jefferson Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • Property is near bus stop

Community Details

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • Located in the The Trillium master-planned community
  • Property Manager
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 0709-184-1548-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,897

Year Built

Built in 1953

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story, Stand Alone
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath
  • Items Included: All window coverings
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: The Trillium
  • Year Built: 1953
  • Above Grade Sold Price Per Sq Ft: 130.21
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Finished Sq Ft: 768
  • Finished Above Grade Sq Ft: 768
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 12x11, On Level: M
  • Bedroom 2: Dimensions: 11x10, On Level: M
  • Kitchen: Dimensions: 12x9, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 17x12, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Walk-in closet(s), Washer, Dryer, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Private Entry, Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 2+ spaces assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline
  • Condo Fee Month: 80
  • Condo Management: Professional offsite
  • Units in Association: 137
  • Units In Building: 1

Schools

  • Elementary School: Crestwood
  • High School: Memorial
  • Middle School: Jefferson
  • School District: Madison

Lot Info

  • Zoning: TR-P
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 1897
  • Tax Year: 2013
  • Assessor Parcel Number: 0709-184-1548-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2022
Sold by
Frayer Megan E
Bought by
Forsythe Andrea B
Current Estimated Value
$234,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Outstanding Balance
$147,439
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$99,000

Purchase Details

Listed on
Apr 30, 2014
Closed on
Jul 25, 2014
Sold by
Faber Matthew S
Bought by
Frayer Megan E
Seller's Agent
Kathy Tanis
Collective Real Estate Group
Buyer's Agent
Matt Winzenried
Realty Executives Cooper Spransy
List Price
$104,000
Sold Price
$100,000
Premium/Discount to List
-$4,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$91,200
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2014
Sold by
Faber Jeffrey A
Bought by
Faber Matthew S

Purchase Details

Closed on
Jul 13, 2009
Sold by
Pahs Mark J
Bought by
Faber Jeffrey A and Faber Matthew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2006
Sold by
Tree Cove Llc
Bought by
Pahs Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
6.85%
Mortgage Type
Unknown
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
Forsythe Andrea B $190,000 --
Frayer Megan E $100,000 Dane County Title Company
Faber Matthew S -- None Available
Faber Jeffrey A $113,900 None Available
Pahs Mark J $115,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forsythe Andrea B $152,000
Previous Owner Frayer Megan E $91,200
Previous Owner Faber Jeffrey A $85,400
Previous Owner Pahs Mark J $115,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $100,000 -3.8% $130 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $104,000 -- $135 / 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
2023 $3,057 $190,000 $11,600 $178,400
2022 $6,475 $181,700 $11,600 $170,100
2021 $2,950 $155,300 $11,600 $143,700
2020 $2,900 $141,200 $10,500 $130,700
2019 $2,599 $128,400 $10,500 $117,900
2018 $2,387 $117,800 $10,000 $107,800
2017 $2,281 $107,100 $9,100 $98,000
2016 $2,215 $102,000 $8,700 $93,300
2015 $2,216 $86,200 $7,500 $78,700
2014 $1,879 $86,200 $7,500 $78,700
2013 $2,185 $84,500 $7,500 $77,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kathy Tanis

    Collective Real Estate Group

    (608) 469-5954

    20 Total Sales

    Kathy Tanis
    Section Image
  • Matt Winzenried

    Buyer's Agent in 2014

    Matt Winzenried

    Realty Executives

    (608) 358-4396

    5 in this area

    664 Total Sales

    Matt Winzenried
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1714426

South Central Wisconsin Multiple Listing Service

APN: 0709-184-1548-5

Wisconsin Dane County Madison 53705 Spring Harbor

48 Craig Ave Unit 48, Madison, WI

Not Listed for Sale

Detached

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