NOT LISTED FOR SALE

4902 Wallace Ave Madison, WI 53716

Estimated Value: $397,276 - $473,000

3 Beds
1.5 Baths
2,237 Sq Ft
$195/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $285,000 $127 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,752/month

21 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Fenced Yard
  • Winnequah School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of January 2021

This large, adorable well-maintained ranch in the heart of Monona will capture your heart. Hardwood floors, updated kitchen, family room addition with huge gas fireplace and indoor planters and much more. This home is so spacious with the oversized family & living rooms. Step out on to your deck that leads to the fenced in yard for your pets. The basement has so much potential and the retro paneling & carpeting will take you back in time. The unfinished area has lots of potential with an extra toilet & plumbed for a shower. The expanded garage has plenty of extra space for storage. And you're just a short walk from downtown Monona, restaurants, Lake Monona, the bus line and pretty much anywhere you'd want to go. This affordable home won't last long so schedule a showing ASAP.

Last Agent to Sell the Property

Alan Feder

Realty Executives Cooper Spransy License #79250-94 Listed on: 11/06/2020

Realty Executives Cooper Spransy

Last Buyer's Agent

Kellie Unke

Stark Company, REALTORS License #45269-94

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,051

Year Built

  • Built in 1956

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced Yard

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Wood Flooring
  • Smart Home

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Stubbed For A Bathroom
  • Crawl Space

Accessible Home Design

  • Accessible Bedroom
  • Low Pile Carpeting
  • Ramped or Level from Garage

Schools

  • Winnequah Elementary School
  • Glacial Drumlin Middle School
  • Monona Grove High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Property is near bus stop

Community Details

  • Ellstad Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,051

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Municipality: Monona
  • Status Detail: Sold
  • Mailing City: Monona
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Barrier Free: Ramped or lvl from garage, First floor bedroom, Low pile or no carpeting
  • Items Excluded: Seller's Personal Belongings
  • Items Included: Refrigerator, Dishwasher, Microwave, Oven/Range, Washer, Dryer, Water Softener, Garage Door Opener w/ Remotes, All Window Dressings
  • Year Built: 1956
  • Above Grade Sold Price Per Sq Ft: 162.67
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1752
  • Finished Non Exp Sq Ft: 485
  • Finished Sq Ft: 2237
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 13x14, On Level: M
  • Bedroom 2: Dimensions: 11x10, On Level: M
  • Bedroom 3: Dimensions: 9x8, On Level: M
  • Kitchen: Dimensions: 11X16, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 23X13, On Level: M
  • Family Room: Dimensions: 24X20, On Level: M
  • Other Room 1: Dimensions: 28x12, On Level: L
  • Basement: Partial, Partially finished, Crawl space, Stubbed for Bathroom, Toilet only, Poured concrete foundatn
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, Cable available, Some smart home features, Internet - Cable
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Fenced Yard

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Attached
  • Total Full Garage Stalls: 1

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Winnequah
  • High School: Monona Grove
  • Middle School: Glacial Drumlin
  • School District: Monona Grove

Lot Info

  • Estimated Aces: 0.23
  • Lot Description: Close to busline
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6051
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Jan 8, 2021
Sold by
Shedesky Michael R and Shedesky Amy L
Bought by
Galbraith Christopher J and Galbraith Jennifer S
Seller's Agent
Alan Feder
Realty Executives Cooper Spransy
Buyer's Agent
Kellie Unke
Stark Company, REALTORS
List Price
$309,900
Sold Price
$285,000
Premium/Discount to List
-$24,900
-8.03%
Current Estimated Value
$436,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,069
Avg. Annual Appreciation
8.79%
Original Mortgage
$228,000
Outstanding Balance
$203,455
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$232,614
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Galbraith Christopher J $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galbraith Christopher J $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $285,000 -3.4% $127 / Sq Ft
11/26/2020 11/26/20 Price Changed $294,900 -4.8% $132 / Sq Ft
11/11/2020 11/11/20 For Sale $309,900 +8.7% $139 / Sq Ft
11/06/2020 11/06/20 Off Market $285,000 -- --
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 $5,818 $351,700 $77,200 $274,500
2023 $5,372 $312,100 $70,100 $242,000
2022 $5,006 $285,000 $70,100 $214,900
2021 $5,388 $285,000 $70,100 $214,900
2020 $6,393 $321,100 $70,100 $251,000
2019 $6,051 $294,700 $70,100 $224,600
2018 $5,854 $281,200 $70,100 $211,100
2017 $5,473 $255,100 $70,100 $185,000
2016 $5,182 $240,800 $70,100 $170,700
2015 $4,541 $220,800 $50,100 $170,700
2014 $4,519 $217,200 $50,100 $167,100
2013 $4,138 $201,800 $50,100 $151,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1897466

South Central Wisconsin Multiple Listing Service

APN: 0710-174-1085-3