NOT LISTED FOR SALE

502 Toepfer Ave Madison, WI 53711

Westmorland Neighborhood

Estimated Value: $757,000 - $859,000

4 Beds
2.5 Baths
2,542 Sq Ft
$315/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $606,250 $238 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,965/month

4 Days on Market

Highlights

  • Second Garage
  • Colonial Architecture
  • Multiple Fireplaces
  • Hamilton Middle School Rated A
  • Deck
  • Recreation Room

About This Home

As of November 2021

This Spacious, updated home is ideally located in the desirable near westside Westmorland neighborhood. Close to schools, library, restaurants, stores, parks, and Southwest Bike Path. Updated kitchen features SS gas stovetop/convection oven, quartz counters, new dishwasher, under cabinet lighting and a large French door refrigerator. Primary suite has hardwood, three walls of windows, gas fireplace, and an oversized shower in the bath. Lots of closet and storage space. Features two outside entertaining areas. Front deck is great place to sit and visit with neighbors and passersby. Private back patio features a large pergola and fenced yard. Full basement has a finished media room. Two one car garages, with the detached being oversized. Newer HVAC, roofing, driveway and approaches.

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 09/24/2021

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

Kelly Byers

Real Broker LLC License #57759-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,885

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Property is zoned TR-C1

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Recreation Room
  • Wood Flooring
  • Walkup Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Ceilings are 8 Feet High
  • Sump Pump

Parking

  • Garage
  • Second Garage
  • Garage ceiling height seven feet or more
  • Extra Deep Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Schools

  • Midvale/Lincoln Elementary School
  • Hamilton Middle School
  • West High School

Utilities

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

Additional Features

  • Handicap Shower
  • Property is near bus stop

Community Details

  • Westmorland Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,885

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Colonial
  • Barrier Free: Stall shower
  • Items Excluded: Seller's personal items
  • Items Included: Refrigerator, Range/Oven, Microwave, Dishwasher, some window coverings
  • Year Built: 1940
  • Above Grade Sold Price Per Sq Ft: 270.65
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 2240
  • Finished Non Exp Sq Ft: 302
  • Finished Sq Ft: 2542
  • Bedrooms: 4
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 19x13, On Level: U
  • Bedroom 2: Dimensions: 16x11, On Level: U
  • Bedroom 3: Dimensions: 13x12, On Level: U
  • Bedroom 4: Dimensions: 9x9, On Level: U
  • Kitchen: Dimensions: 17x9, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 20x12, On Level: M
  • Dining Room: Dimensions: 11x11, On Level: M
  • Family Room: Dimensions: 19x19, On Level: M
  • Other Rooms: Rec Room
  • Other Room 1: Rec Room, Dimensions: 18x18, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Partially finished, Sump pump, 8'+ Ceiling, Poured concrete foundatn
  • Fireplace: Wood, Gas, 2 fireplaces
  • Interior Amenities: Wood or sim. wood floor, Walk-up Attic, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub, Internet - Cable
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Exterior: Aluminum/Steel, Fiber cement, Stone
  • Exterior Features: Deck, Patio, Fenced Yard

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Attached, Detached, Opener, Additional Garage, Garage door > 8 ft high, Garage stall > 26 ft deep
  • Total Full Garage Stalls: 2

Utilities

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

Schools

  • Elementary School: Midvale/Lincoln
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.14
  • Lot Description: Corner, Close to busline, Sidewalk
  • Zoning: TR-C1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 9885
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Schwab Thomas
Bought by
Bula/Neary Revocable Trust
Current Estimated Value
$801,704

Purchase Details

Closed on
Jul 27, 2023
Sold by
Schwab Thomas G
Bought by
Schwab Thomas G and Thomas G Schwab Revocable Trust

Purchase Details

Listed on
Sep 24, 2021
Closed on
Nov 18, 2021
Sold by
Zwiefelhofer David B and Mullen Rita A
Bought by
Schwab Thomas and Bula/Neary Revocable Trust
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Kelly Byers
Real Broker LLC
List Price
$569,000
Sold Price
$606,250
Premium/Discount to List
$37,250
6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$200,750
Interest Rate
2.99%
Mortgage Type
New Conventional
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
Bula/Neary Revocable Trust $326,000 None Listed On Document
Schwab Thomas G -- None Listed On Document
Schwab Thomas $606,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwab Thomas $200,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $606,250 +6.5% $238 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $569,000 -- $224 / 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 $24,897 $723,100 $136,500 $586,600
2023 $11,490 $651,400 $123,000 $528,400
2022 $23,302 $606,300 $111,800 $494,500
2021 $10,498 $506,400 $105,500 $400,900
2020 $9,885 $452,100 $94,200 $357,900
2019 $9,415 $430,600 $89,700 $340,900
2018 $8,882 $406,200 $81,500 $324,700
2017 $8,809 $386,900 $77,600 $309,300
2016 $8,438 $361,600 $72,500 $289,100
2015 $8,296 $344,200 $69,000 $275,200
2014 $8,130 $344,200 $69,000 $275,200
2013 $6,960 $325,000 $66,300 $258,700
Source: Public Records

Agents Affiliated with this Home

  • Seth Pfaehler

    Seller's Agent in 2021

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    7 in this area

    439 Total Sales

    Seth Pfaehler
    Section Image
  • Matt McGrady

    Seller Co-Listing Agent in 2021

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    6 in this area

    347 Total Sales

    Matt McGrady
    Section Image
  • Kelly Byers

    Buyer's Agent in 2021

    Kelly Byers

    Real Broker LLC

    (608) 345-0967

    1 in this area

    77 Total Sales

    Kelly Byers
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1920547

South Central Wisconsin Multiple Listing Service

APN: 0709-282-1011-4

Wisconsin Dane County Madison 53711 Westmorland

502 Toepfer Ave, Madison, WI

Not Listed for Sale

Detached

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