NOT LISTED FOR SALE

500 Farwell Dr Madison, WI 53704

Estimated Value: $3,556,057 - $4,312,000

6 Beds
7 Baths
9,000 Sq Ft
$437/Sq Ft Est. Value

Last Sold February 19, 2014

Last sale price $1,200,000 $133 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $25,766/month

452 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • 4.3 Acre Lot
  • Water Access
  • Sauna
  • 3-minute walk to McBride Park

About This Home

As of February 2014

Stunning Mansion in the Heart of Maple Bluff on 4.3 Acres over 6000 sqf.t. Custom kitchen with top of the line everything. Butler Pantry leads to formal dining, living room overlooks the park-like setting and Lake Mendota. Other features include: sun room, Indoor Pool Room with 2nd kitchen, whirlpool, sauna and dressing rooms. In a class by itself!

Last Agent to Sell the Property

Josh Lamp

Berkshire Hathaway HomeServices True Realty License #60880-94 Listed on: 10/29/2012

Berkshire Hathaway HomeServices True Realty

Last Buyer's Agent

Mary Jo Croake

Restaino & Associates License #50973-90

Restaino & Associates

Home Details

Home Type

  • Single Family

Lot Details

  • 4.3 Acre Lot

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 9,000 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Den
  • Sauna
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathtub

Parking

  • Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Water Access
  • Patio

Schools

  • Lake View Elementary School
  • Black Hawk Middle School
  • East High School

Utilities

  • Central Air
  • Radiant Heating System
  • Water Softener

Community Details

  • Maple Bluff Subdivision

Home Details

Home Type

Single Family

Lot Details

4.3 Acres

Listing Details

  • Municipality: Maple Bluff
  • Status Detail: Sold
  • Mailing City: Maple Bluff
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Tudor/Provincial
  • Items Included: Some Window Coverings
  • Year Built: 999
  • Above Grade Sold Price Per Sq Ft: 133.33
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 9000
  • Finished Sq Ft: 9000
  • Bedrooms: 6
  • Main Half Bathrooms: 2
  • Total Full Bathrooms: 5
  • Total Half Bathrooms: 2
  • Master Bedroom: Dimensions: 19x20, On Level: U
  • Bedroom 2: Dimensions: 14x15, On Level: U
  • Bedroom 3: Dimensions: 13x14, On Level: U
  • Bedroom 4: Dimensions: 13x18, On Level: U
  • Kitchen: Dimensions: 15x15, On Level: M
  • Kitchen Features: Breakfast bar, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 18x28, On Level: M
  • Dining Room: Dimensions: 14x18, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 14x15, On Level: M
  • Other Room 2: Other
  • Laundry: Dimensions: 16x20, On Level: L
  • Basement: Full
  • Fireplace: Wood, Gas, 3+ fireplaces
  • Interior Amenities: Wood or sim. wood floor, Water softener inc, Security system, Sauna, At Least 1 tub, Hot tub
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Waterfront: Waterview-No frontage, Deeded access-No frontage
  • Lake/River: Water View
  • Exterior: Wood, Brick, Stone
  • Exterior Features: Patio, Pool - in ground

Garage/Parking

  • Driveway: Paved, Extra paving
  • Garage: 3 car, Attached, 4+ car
  • Total Full Garage Stalls: 3

Utilities

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

Schools

  • Elementary School: Lake View
  • High School: East
  • Middle School: Black Hawk
  • School District: Madison

Lot Info

  • Estimated Aces: 4.3
  • Lot Dimensions: 4.3 acres
  • Zoning: Res

Tax Info

  • Net Taxes: 45028
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2012
Closed on
Feb 19, 2014
Sold by
Bmo Harris Bank Na
Bought by
White Ellen B
Seller's Agent
Josh Lamp
Berkshire Hathaway HomeServices True Realty
Buyer's Agent
Mary Jo Croake
Restaino & Associates
List Price
$1,999,000
Sold Price
$1,200,000
Premium/Discount to List
-$799,000
-39.97%
Current Estimated Value
$3,934,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,734,029
Avg. Annual Appreciation
10.40%
Original Mortgage
$500,000
Outstanding Balance
$355,168
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,578,861

Purchase Details

Closed on
Aug 31, 2012
Sold by
Cole Richard Bruce and Cole Evelyn L
Bought by
Bmo Harris Bank Na

Purchase Details

Closed on
Jun 13, 2005
Sold by
Niederhuber John E
Bought by
Cole Richard Bruce and Cole Evelyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
White Ellen B $1,200,000 None Available
Bmo Harris Bank Na $1,181,739 None Available
Cole Richard Bruce $2,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Ellen B $500,000
Previous Owner Cole Richard Bruce $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2014 02/19/14 Sold $1,200,000 -40.0% $133 / Sq Ft
01/24/2014 01/24/14 Pending -- -- --
10/29/2012 10/29/12 For Sale $1,999,000 -- $222 / Sq Ft
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 $65,996 $2,865,300 $1,045,000 $1,820,300
2023 $64,130 $2,857,000 $1,045,000 $1,812,000
2022 $57,140 $2,857,000 $1,045,000 $1,812,000
2021 $58,349 $2,857,000 $1,045,000 $1,812,000
2020 $47,312 $1,815,500 $877,500 $938,000
2019 $42,451 $1,815,500 $877,500 $938,000
2018 $39,201 $1,815,500 $877,500 $938,000
2017 $38,365 $1,815,500 $877,500 $938,000
2016 $38,078 $1,815,500 $877,500 $938,000
2015 $31,796 $1,536,500 $877,500 $659,000
2014 -- $1,460,000 $787,300 $672,700
2013 $45,029 $2,202,200 $984,100 $1,218,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1669428

South Central Wisconsin Multiple Listing Service

APN: 0709-012-1293-9

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