NOT LISTED FOR SALE

4930 Fond du Lac Trail Madison, WI 53705

University Hill Farms Neighborhood

Estimated Value: $847,000 - $1,172,430

4 Beds
3 Baths
3,023 Sq Ft
$325/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $520,000 $172 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,390/month

14 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Wooded Lot
  • Van Hise Elementary School Rated A
  • Multiple Fireplaces
  • Ranch Style House

About This Home

As of November 2018

Diamond in the Rough! LOCATION! A rare opportunity to purchase an open floor plan ranch home in a prime westside neighborhood close to shopping and schools. This custom built one owner home's layout was way ahead of the times in 1961. Set on a large wooded lot on a quiet street of fine homes. 4 BR, 3 BA, over 3,000 sq ft finished + additional unfinished exposed area for expansion. Hardwood floors throughout most of the main level. Lots of updating needed but the possibilities are endless. Sold "as is" by Trustee's Deed.

Last Agent to Sell the Property

Josh Blasi

Restaino & Associates License #57864-94 Listed on: 09/27/2018

Restaino & Associates

Last Buyer's Agent

Andrew Schmidt

Alexander Company Inc License #55388-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,828

Year Built

  • Built in 1961

Lot Details

  • 0.36 Acre Lot
  • Wooded Lot
  • Property is zoned SR-C1

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Den
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Doors

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Water Softener
  • Cable TV Available

Community Details

  • Hill Farms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,828

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, First floor bedroom, First floor full bath, Level drive, Width of hallways 36"+, Door openings 29+
  • Year Built: 1961
  • Above Grade Sold Price Per Sq Ft: 245.17
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 2121
  • Finished Non Exp Sq Ft: 902
  • Finished Sq Ft: 3023
  • Bedrooms: 4
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Master Bedroom: Dimensions: 13x11, On Level: M
  • Bedroom 2: Dimensions: 13x11, On Level: M
  • Bedroom 3: Dimensions: 13x11, On Level: M
  • Bedroom 4: Dimensions: 11x9, On Level: M
  • Kitchen: Dimensions: 14x13, On Level: M
  • Kitchen Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 28x14, On Level: M
  • Dining Room: Dimensions: 12x12, On Level: M
  • Dining Area: Dimensions: 14x10, On Level: M
  • Family Room: Dimensions: 25x14, On Level: L
  • Other Rooms: Den/Office, Three-Season
  • Other Room 1: Three-Season, Dimensions: 12x10, On Level: M
  • Other Room 2: Den/Office, Dimensions: 10x10, On Level: L
  • Laundry: Dimensions: 8x8, On Level: L
  • Basement: Full, Full Size Windows/Exposed, Walkout to yard, Partially finished, Block foundation
  • Fireplace: Wood, 2 fireplaces
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel, Brick
  • Exterior Features: Deck, Patio

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.36
  • Lot Description: Wooded, Close to busline, Sidewalk
  • Zoning: SR-C1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 8828
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Nov 26, 2018
Sold by
Us Bank Na
Bought by
Cummings Michael B and Hyun Karen H
Seller's Agent
Josh Blasi
Restaino & Associates
Buyer's Agent
Andrew Schmidt
Alexander Company Inc
List Price
$495,000
Sold Price
$520,000
Premium/Discount to List
$25,000
5.05%
Current Estimated Value
$982,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,108
Avg. Annual Appreciation
9.62%
Original Mortgage
$400,000
Outstanding Balance
$353,112
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$628,996
Source: Public Records

Range of Values:

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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
Cummings Michael B $520,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings Michael B $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2018 11/26/18 Sold $520,000 +5.1% $172 / Sq Ft
09/27/2018 09/27/18 For Sale $495,000 -- $164 / 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 $26,983 $782,000 $191,600 $590,400
2023 $12,942 $730,800 $179,100 $551,700
2021 $11,405 $548,600 $136,000 $412,600
2020 $11,635 $530,000 $131,400 $398,600
2019 $11,432 $520,000 $127,600 $392,400
2018 $8,902 $407,100 $120,400 $286,700
2017 $8,828 $387,700 $114,700 $273,000
2016 $8,376 $359,000 $106,200 $252,800
2015 $8,233 $348,500 $100,100 $248,400
2014 $8,234 $348,500 $100,100 $248,400
2013 $7,320 $331,900 $95,300 $236,600
Source: Public Records

Agents Affiliated with this Home

  • Josh Blasi

    Seller's Agent in 2018

    Josh Blasi

    Restaino & Associates

    (608) 695-0273

    3 in this area

    201 Total Sales

    Josh Blasi
    Section Image
  • Andrew Schmidt

    Buyer's Agent in 2018

    Andrew Schmidt

    Alexander Company Inc

    (608) 268-8100

    6 Total Sales

    Andrew Schmidt
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1842359

South Central Wisconsin Multiple Listing Service

APN: 0709-202-1209-3

Wisconsin Dane County Madison 53705 University Hill Farms

4930 Fond du Lac Trail, Madison, WI

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