NOT LISTED FOR SALE

507 E Lakeview Ave Madison, WI 53716

Lake Edge Neighborhood

Estimated Value: $391,000 - $441,913

3 Beds
2.5 Baths
1,539 Sq Ft
$271/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $450,000 $292 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,064/month

6 Days on Market

Highlights

  • Open Floorplan
  • Multiple Fireplaces
  • Wood Flooring
  • Deck
  • Ranch Style House
  • Den

About This Home

As of July 2024

All I can say is wow! Prepare to be impressed. This fully remodeled Eastside Ranch is Simply Beautiful. There are two spacious living areas, both with fireplaces and built-ins. The large master suite features a walk-in closet, walk-in shower and fireplace. The lower level has an office Nook and pull-out storage Under the stairs. The kitchen features stainless appliances, white cabinetry, wainscoting and tile floors. Outdoors there's a beautiful deck, screened in area with bar, large brick patio, fire pit and oversized garage with 18 foot wide garage door and did I mention the amazing landscaping? This is a true must see!!

Last Agent to Sell the Property

Andrew Lindgren

First Weber Inc License #45145-94 Listed on: 06/08/2024

First Weber Inc

Last Buyer's Agent

Lindsey DeFlorian

Lauer Realty Group, Inc. License #94040-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,150

Year Built

  • Built in 1951

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 138x62

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Multiple Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Den
  • Wood Flooring
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Walk-in Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • Detached Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Handicap Shower
  • Accessible Bedroom
  • Accessible Doors
  • Low Pile Carpeting
  • Smart Technology

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near bus stop

Schools

  • Call School District Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

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

Community Details

  • Morningside Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,150

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Stall shower, Width of hallways 36"+, Door openings 29+, Low pile or no carpeting
  • Items Included: Stove, Refrigerator, Microwave, Dishwasher, All window coverings
  • Year Built: 1951
  • Above Grade Sold Price Per Sq Ft: 440.31
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1022
  • Finished Non Exp Sq Ft: 517
  • Finished Sq Ft: 1539
  • Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 12x11, On Level: M
  • Bedroom 2: Dimensions: 12x12, On Level: M
  • Bedroom 3: Dimensions: 16x10, On Level: L
  • Kitchen: Dimensions: 15x9, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 19x11, On Level: M
  • Family Room: Dimensions: 16x11, On Level: L
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 14x9, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Full Size Windows/Exposed, Partially finished, Poured concrete foundatn
  • Fireplace: Gas, Electric, 3+ fireplaces
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Water softener inc, Cable available, Split bedrooms, Internet - Cable, Internet- Fiber available, Smart doorbell
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Patio

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Detached, Opener
  • Total Full Garage Stalls: 2

Utilities

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

Schools

  • Elementary School: Call School District
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.19
  • Lot Description: Close to busline
  • Lot Dimensions: 138x62
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 5150
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jul 16, 2024
Sold by
Brookbank Michael Robert
Bought by
Rivadeneira Richard A
Seller's Agent
Andrew Lindgren
First Weber Inc
Buyer's Agent
Lindsey DeFlorian
Lauer Realty Group, Inc.
List Price
$434,900
Sold Price
$450,000
Premium/Discount to List
$15,100
3.47%
Views
41
Current Estimated Value
$417,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,522
Avg. Annual Appreciation
-4.85%

Purchase Details

Closed on
Sep 30, 2015
Sold by
Peterson Eleanor M and Peterson Mark
Bought by
Brookbank Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2015
Sold by
Peterson Kevin C
Bought by
Peterson Mark and Peterson Mark O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
3.91%
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
Rivadeneira Richard A $450,000 None Listed On Document
Brookbank Michael R $125,000 Knight Barry Title Svcs Llc
Peterson Mark $78,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brookbank Michael R $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $450,000 +3.5% $292 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $434,900 -- $283 / 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 $10,568 $318,400 $92,000 $226,400
2023 $5,150 $304,500 $88,100 $216,400
2022 $9,079 $247,400 $71,600 $175,800
2021 $4,276 $217,000 $71,600 $145,400
2020 $4,326 $204,700 $67,500 $137,200
2019 $4,058 $193,100 $63,700 $129,400
2018 $4,083 $193,100 $41,100 $152,000
2017 $3,700 $167,900 $41,100 $126,800
2016 $3,603 $159,900 $39,100 $120,800
2015 $3,591 $156,800 $36,900 $119,900
2014 $3,590 $156,800 $36,900 $119,900
2013 $3,547 $156,800 $36,900 $119,900
Source: Public Records

Agents Affiliated with this Home

  • Andrew Lindgren

    Seller's Agent in 2024

    Andrew Lindgren

    First Weber Inc

    (608) 345-7652

    1 in this area

    133 Total Sales

    Andrew Lindgren
    Section Image
  • Lindsey DeFlorian

    Buyer's Agent in 2024

    Lindsey DeFlorian

    Lauer Realty Group, Inc.

    (608) 698-7971

    3 in this area

    79 Total Sales

    Lindsey DeFlorian
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1979025

South Central Wisconsin Multiple Listing Service

APN: 0710-094-1128-3

Wisconsin Dane County Madison 53716 Lake Edge

507 E Lakeview Ave, Madison, WI

Not Listed for Sale

Detached

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