5 S Broom St Madison, WI 53703
Downtown Madison Neighborhood
1
Bed
1
Bath
686
Sq Ft
$525/mo
HOA Fee
Highlights
- Wood Flooring
- Elevator
- Forced Air Cooling System
- Hamilton Middle School Rated A
- Fenced Yard
- 5-minute walk to Brittingham Park
About This Home
As of August 2024Discover downtown living at its finest with modern conveniences and smart features! This unique property boasts a private entrance, covered parking, and a private back patio that is gated and offers green space perfect for pets, outdoor grilling. The layout is both functional and stylish, featuring a lofted nook in the master bedroom that comfortably fits a queen size bed. Alternatively, utilize the loft space for additional storage needs. Recent upgrades include Refrigerator, new furnace, complementing the elegant hardwood maple and tile floors, stainless steel appliances, and quartz countertops. This property offers everything you need and nothing you don't for a modern, comfortable urban lifestyle
Last Agent to Sell the Property
Compass Real Estate Wisconsin Brokerage Email: HomeInfo@firstweber.com License #56448-90 Listed on: 07/09/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,435
Year Built
- Built in 2007
Lot Details
- Private Entrance
- Fenced Yard
HOA Fees
- $525 Monthly HOA Fees
Home Design
- Garden Home
Interior Spaces
- 686 Sq Ft Home
- Wood Flooring
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Franklin/Randall Elementary School
- Hamilton Middle School
- West High School
Utilities
- Forced Air Cooling System
- Cable TV Available
Additional Features
- Patio
- Property is near a bus stop
Listing and Financial Details
- Assessor Parcel Number 0709-231-5802-0
Community Details
Overview
- Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
- 23 Units
- Located in the Broom Street Lofts master-planned community
- Property Manager
- The community has rules related to parking rules
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2024
Closed on
Aug 23, 2024
Sold by
Acevedo Nathan and Wysocky Lauren Acevedo
Bought by
Fishman Lily
Seller's Agent
Aaron Weber
Compass Real Estate Wisconsin
Buyer's Agent
Tanner Nimke
LPT Realty
List Price
$307,500
Sold Price
$307,500
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,254
Avg. Annual Appreciation
43.29%
Original Mortgage
$246,000
Outstanding Balance
$244,532
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$188,220
Purchase Details
Listed on
Oct 1, 2020
Closed on
Mar 12, 2021
Sold by
Teer Joshua T
Bought by
Acevedo Nathan and Wysocky Lauren Frances
Seller's Agent
April Johnson
Rooted Real Estate
Buyer's Agent
Aaron Weber
Compass Real Estate Wisconsin
List Price
$255,000
Sold Price
$247,500
Premium/Discount to List
-$7,500
-2.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$222,750
Interest Rate
2.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2010
Sold by
Frymark Thomas J and Frymark Mary K
Bought by
Schmitz Christopher A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,700
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2007
Sold by
Broom Street Lofts Llc
Bought by
Frymark Thomas J and Frymark Mary K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
6.55%
Mortgage Type
Unknown
Similar Homes in Madison, WI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $307,500 | None Listed On Document | |
| Warranty Deed | $247,500 | First American Title | |
| Condominium Deed | $187,900 | None Available | |
| Warranty Deed | $182,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $246,000 | New Conventional | |
| Closed | $70,000 | Credit Line Revolving | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $222,750 | New Conventional | |
| Previous Owner | $184,500 | New Conventional | |
| Previous Owner | $159,700 | New Conventional | |
| Previous Owner | $132,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $307,500 | 0.0% | $448 / Sq Ft |
| 07/09/2024 07/09/24 | For Sale | $307,500 | +24.2% | $448 / Sq Ft |
| 03/12/2021 03/12/21 | Sold | $247,500 | -0.6% | $361 / Sq Ft |
| 01/31/2021 01/31/21 | Pending | -- | -- | -- |
| 01/29/2021 01/29/21 | Price Changed | $249,000 | -2.4% | $363 / Sq Ft |
| 11/12/2020 11/12/20 | For Sale | $255,000 | +3.0% | $372 / Sq Ft |
| 10/01/2020 10/01/20 | Off Market | $247,500 | -- | -- |
| 05/01/2017 05/01/17 | Sold | $205,000 | 0.0% | $299 / Sq Ft |
| 03/17/2017 03/17/17 | Pending | -- | -- | -- |
| 03/10/2017 03/10/17 | For Sale | $205,000 | +11.1% | $299 / Sq Ft |
| 05/19/2015 05/19/15 | Sold | $184,500 | +5.5% | $269 / Sq Ft |
| 04/06/2015 04/06/15 | Pending | -- | -- | -- |
| 03/31/2015 03/31/15 | For Sale | $174,900 | -- | $255 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $8,936 | $272,300 | $45,200 | $227,100 |
| 2023 | $4,436 | $247,500 | $45,200 | $202,300 |
| 2021 | $4,719 | $223,500 | $45,200 | $178,300 |
| 2020 | $4,942 | $223,500 | $45,200 | $178,300 |
| 2019 | $4,963 | $223,500 | $45,200 | $178,300 |
| 2018 | $4,539 | $205,000 | $45,200 | $159,800 |
| 2017 | $4,657 | $203,000 | $45,200 | $157,800 |
| 2016 | $4,343 | $184,500 | $41,100 | $143,400 |
| 2015 | $3,810 | $169,100 | $27,400 | $141,700 |
| 2014 | $4,019 | $169,100 | $27,400 | $141,700 |
| 2013 | $4,253 | $169,100 | $27,400 | $141,700 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Aaron Weber
Compass Real Estate Wisconsin
(608) 556-4179
9 in this area
434 Total Sales
-
Buyer's Agent in 2024
Tanner Nimke
LPT Realty
(608) 571-6820
4 in this area
36 Total Sales
-
Seller's Agent in 2021
April Johnson
Rooted Real Estate
(608) 358-7481
4 in this area
100 Total Sales
-
Seller's Agent in 2017
Jenny Swain
Jenny Swain and Associates
(608) 219-8989
145 Total Sales
-
Buyer's Agent in 2017
Shelly Sprinkman
Sprinkman Real Estate
(608) 220-1453
51 in this area
383 Total Sales
-
A
Seller's Agent in 2015
Amy Ripp
First Weber Inc
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1981025
APN: 0709-231-5802-0
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