NOT LISTED FOR SALE

487 Rushmore Ln Madison, WI 53711

Midvale Heights Neighborhood

Estimated Value: $481,000 - $539,000

3 Beds
2 Baths
1,569 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $230,000 $147 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,849/month

Highlights

  • Open Floorplan
  • Ranch Style House
  • 2 Car Attached Garage
  • Van Hise Elementary School Rated A
  • Fenced Yard
  • Bathtub

About This Home

As of April 2016

Cozy ranch home in popular Lincoln Hills neighborhood, open floor plan, spacious fenced yard with rhubarb bed, apple tree and concord grapes. Two car garage with attached storage room. Corian countertops enhance the open kitchen with breakfast bar. Both bathrooms completely remodeled on 2015. First floor laundry/storage room is just off the kitchen. Beautiful neighborhood, very quiet street with little traffic.

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 09/01/2015

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

Joe Copeland

Realty Executives Cooper Spransy License #80351-94

Realty Executives Cooper Spransy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,497

Year Built

  • Built in 1961

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Property is zoned SR-C1

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,569 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace
  • Home Security System
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Parking

  • 2 Car Attached Garage
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility
  • Ramped or Level from Garage

Schools

  • Van Hise Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Radiant Heating System
  • Cable TV Available

Community Details

  • Lincoln Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,497

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Barrier Free: Open floor plan, Ramped or level entrance, Ramped or lvl from garage, First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Included: Some Window Coverings
  • Year Built: 1961
  • Above Grade Sold Price Per Sq Ft: 146.59
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1569
  • Finished Sq Ft: 1569
  • Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 13x10, On Level: M
  • Bedroom 2: Dimensions: 10x10, On Level: M
  • Bedroom 3: Dimensions: 10x9, On Level: M
  • Kitchen: Dimensions: 19x14, On Level: M
  • Kitchen Features: Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 14x18, On Level: M
  • Dining Room: Dimensions: 8x8, On Level: M
  • Family Room: Dimensions: 18x11, On Level: M
  • Laundry: Dimensions: 6x6, On Level: M
  • Fireplace: Wood, 1 fireplace
  • Interior Amenities: Washer, Security system, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Wood, Brick, Stone
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Attached
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Van Hise
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.21
  • Zoning: SR-C1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 5497
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2015
Closed on
Mar 9, 2016
Sold by
Schasel Brian and Estate Of Albert L Schasel
Bought by
Knauf John and Knauf Qianwei
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Joe Copeland
Realty Executives Cooper Spransy
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Current Estimated Value
$501,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,452
Avg. Annual Appreciation
8.48%
Original Mortgage
$184,000
Outstanding Balance
$145,490
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$355,962
Source: Public Records

Range of Values:

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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
Knauf John $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knauf John $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $230,000 -4.2% $147 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
09/01/2015 09/01/15 For Sale $240,000 -- $153 / 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 $14,629 $433,100 $106,900 $326,200
2023 $7,195 $416,400 $102,800 $313,600
2021 $6,499 $320,400 $79,100 $241,300
2020 $6,582 $305,100 $75,300 $229,800
2019 $6,449 $299,100 $73,800 $225,300
2018 $6,150 $284,900 $70,300 $214,600
2017 $5,937 $263,800 $70,300 $193,500
2016 $5,468 $237,700 $63,300 $174,400
2015 $5,550 $228,600 $58,000 $170,600
2014 $5,329 $228,600 $58,000 $170,600
2013 $4,426 $219,800 $55,800 $164,000
Source: Public Records

Agents Affiliated with this Home

  • Seth Pfaehler

    Seller's Agent in 2016

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    3 in this area

    452 Total Sales

    Seth Pfaehler
    Section Image
  • Matt McGrady

    Seller Co-Listing Agent in 2016

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    2 in this area

    352 Total Sales

    Matt McGrady
    Section Image
  • Joe Copeland

    Buyer's Agent in 2016

    Joe Copeland

    Realty Executives

    (608) 658-4946

    3 in this area

    123 Total Sales

    Joe Copeland
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1756752

South Central Wisconsin Multiple Listing Service

APN: 0709-301-0412-3

Wisconsin Dane County Madison 53711 Midvale Heights

487 Rushmore Ln, Madison, WI

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