NOT LISTED FOR SALE

5 S Broom St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $301,000 - $606,000

1 Bed
1 Bath
686 Sq Ft
$525/mo HOA Fee

Last Sold August 23, 2024

Last sale price $307,500 $448 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,260/month

5 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • Forced Air Heating and Cooling System
  • Hamilton Middle School Rated A
  • Fenced Yard
  • 5-minute walk to Brittingham Park

About This Home

As of August 2024

Discover 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

Aaron Weber

Compass Real Estate Wisconsin Brokerage Email: HomeInfo@firstweber.com License #56448-90 Listed on: 07/09/2024

Compass Real Estate Wisconsin

Last Buyer's Agent

Tanner Nimke

LPT Realty License #92367-94

LPT Realty

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

Parking

  • Parking Fee

Home Design

  • Garden Home
  • Entry on the 1st floor

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 Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Property is near 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,435

Year Built

Built in 2007

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: washer, dryer, stove, refrigerator, dishwasher, water softener
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Broom Street Lofts
  • Year Built: 2007
  • Above Grade Sold Price Per Sq Ft: 448.25
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 686
  • Finished Above Grade Sq Ft: 686
  • Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 13x9, On Level: M
  • Kitchen: Dimensions: 13x6, On Level: M
  • Kitchen Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 10x13, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 5x4
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Cable/Satellite Available
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Aluminum/Steel, Fiber cement
  • Exterior Features: Private Entry, Patio, Fenced Yard

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Detached, 1 space assigned, Parking fee

Condo/Co-op/Association

  • Common Amenities: Close to busline, Elevator
  • Condo Fee Month: 525
  • Condo Management: Professional offsite
  • Units in Association: 23
  • Units In Building: 23

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Zoning: PD
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 4435
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-231-5802-0

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
$383,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,781
Avg. Annual Appreciation
16.78%
Original Mortgage
$246,000
Outstanding Balance
$243,227
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$140,054

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fishman Lily $307,500 None Listed On Document
Acevedo Nathan $247,500 First American Title
Schmitz Christopher A $187,900 None Available
Frymark Thomas J $182,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fishman Lily $246,000
Previous Owner Acevedo Nathan $222,750
Previous Owner Schmitz Christopher A $159,700
Previous Owner Frymark Thomas J $132,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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 View Prior Sale
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

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 $8,936 $272,300 $45,200 $227,100
2023 $4,436 $247,500 $45,200 $202,300
2022 $9,639 $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

  • Aaron Weber

    Seller's Agent in 2024

    Aaron Weber

    Compass Real Estate Wisconsin

    (608) 556-4179

    9 in this area

    446 Total Sales

    Aaron Weber
    Section Image
  • Tanner Nimke

    Buyer's Agent in 2024

    Tanner Nimke

    LPT Realty

    (608) 571-6820

    4 in this area

    39 Total Sales

    Tanner Nimke
    Section Image
  • April Johnson

    Seller's Agent in 2021

    April Johnson

    Rooted Real Estate

    (608) 358-7481

    4 in this area

    100 Total Sales

    April Johnson
    Section Image
  • Jenny Swain

    Seller's Agent in 2017

    Jenny Swain

    Jenny Swain and Associates

    (608) 219-8989

    139 Total Sales

    Jenny Swain
    Section Image
  • Shelly Sprinkman

    Buyer's Agent in 2017

    Shelly Sprinkman

    Sprinkman Real Estate

    (608) 220-1453

    49 in this area

    383 Total Sales

    Shelly Sprinkman
    Section Image

  • A

    Seller's Agent in 2015

    Amy Ripp

    First Weber Inc

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1981025

South Central Wisconsin Multiple Listing Service

APN: 0709-231-5802-0

Wisconsin Dane County Madison 53703 Downtown Madison

5 S Broom St, Madison, WI

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes