NOT LISTED FOR SALE

505 Summit Rd Madison, WI 53704

Estimated Value: $1,173,000 - $1,951,756

5 Beds
3.5 Baths
3,931 Sq Ft
$436/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $810,000 $206 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $10,798/month

14 Days on Market

Highlights

  • Lake Front
  • 0.54 Acre Lot
  • Property is near park
  • Water Access
  • Colonial Architecture
  • 1-minute walk to McBride Park

About This Home

As of May 2013

Bright, spacious and comfortable are the first 3 words that come to mind. Circular floor plan, main level office, laundry/mud room, morning room and family room, large private lot w/deeded lake access, exposed lower level w/great guest quarters, 3 car garage, Master Suite and 2 furnaces. Wood floors, crown dental moldings, wide stairs, and large windows are just a few of the details that will impress you on this home.

Last Agent to Sell the Property

Tammy Krez

Stark Company, REALTORS License #53225-90 Listed on: 04/08/2013

Stark Company, REALTORS

Last Buyer's Agent

Susi Haviland

Stark Company, REALTORS License #31242-90

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,369

Year Built

  • Built in 1985

Lot Details

  • 0.54 Acre Lot
  • Lake Front

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Sump Pump

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Water Access
  • Waterski or Wakeboard

Location

  • Property is near park

Schools

  • Lakeview Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • Cable TV Available

Community Details

  • Maple Bluff Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,369

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Municipality: Maple Bluff
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Colonial
  • Items Included: Humidifier,All window coverings
  • Year Built: 1985
  • Above Grade Sold Price Per Sq Ft: 260.62
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 3108
  • Finished Non Exp Sq Ft: 823
  • Finished Sq Ft: 3931
  • Bedrooms: 5
  • Main Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 15x17, On Level: U
  • Bedroom 2: Dimensions: 12x17, On Level: U
  • Bedroom 3: Dimensions: 11x15, On Level: U
  • Bedroom 4: Dimensions: 11x12, On Level: U
  • Kitchen: Dimensions: 11x19, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 15x19, On Level: M
  • Dining Room: Dimensions: 13x15, On Level: M
  • Dining Area: Dimensions: 6x13, On Level: M
  • Family Room: Dimensions: 15x18, On Level: M
  • Other Rooms: Sun Room
  • Other Room 1: Sun Room, Dimensions: 14x15, On Level: M
  • Laundry: On Level: M
  • Basement: Full, Partial, Finished, Sump pump
  • Fireplace: Wood, 2 fireplaces
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Vaulted ceiling, Skylight(s), Washer, Dryer, Water softener inc, Security system, Central vac, Jetted bathtub, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Waterfront: Deeded access-No frontage, Lake, Water ski lake
  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Garage: 3 car, Attached, Opener
  • Total Full Garage Stalls: 3

Utilities

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

Schools

  • Elementary School: Lakeview
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.54
  • Lot Description: Adjacent park/public land
  • Zoning: RES
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 13369
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2013
Closed on
May 23, 2013
Sold by
Warren Roger F
Bought by
Wood Peter C and Wood Alexandra J
Seller's Agent
Tammy Krez
Stark Company, REALTORS
Buyer's Agent
Susi Haviland
Stark Company, REALTORS
List Price
$825,000
Sold Price
$810,000
Premium/Discount to List
-$15,000
-1.82%
Current Estimated Value
$1,712,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$902,189
Avg. Annual Appreciation
6.07%
Original Mortgage
$648,000
Outstanding Balance
$444,766
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,267,423

Purchase Details

Closed on
Dec 14, 2012
Sold by
Warren Roger R and Warren Lucille M
Bought by
Warren Roger F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wood Peter C $810,000 None Available
Warren Roger F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Peter C $648,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2013 05/24/13 Sold $810,000 -1.8% $206 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $825,000 -- $210 / 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
2023 $24,582 $1,106,500 $354,000 $752,500
2022 $21,907 $1,106,500 $354,000 $752,500
2021 $21,517 $1,065,500 $354,000 $711,500
2020 $21,062 $814,000 $279,500 $534,500
2019 $18,869 $814,000 $279,500 $534,500
2018 $17,618 $814,000 $279,500 $534,500
2017 $17,220 $814,000 $279,500 $534,500
2016 $17,096 $814,000 $279,500 $534,500
2015 $16,875 $814,000 $279,500 $534,500
2014 $15,434 $772,900 $277,800 $495,100
2013 $13,370 $655,000 $277,800 $377,200
Source: Public Records

Agents Affiliated with this Home

  • Tammy Krez

    Seller's Agent in 2013

    Tammy Krez

    Stark Company, REALTORS

    (608) 220-9795

    2 in this area

    152 Total Sales

    Tammy Krez
    Section Image
  • Susi Haviland

    Buyer's Agent in 2013

    Susi Haviland

    Stark Company, REALTORS

    (608) 576-9211

    204 Total Sales

    Susi Haviland
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1681055

South Central Wisconsin Multiple Listing Service

APN: 0709-012-1213-5

Wisconsin Dane County Madison 53704

505 Summit Rd, Madison, WI

Not Listed for Sale

Detached

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