NOT LISTED FOR SALE

507 Farwell Dr Madison, WI 53704

Estimated Value: $2,699,694 - $3,073,000

3 Beds
2.5 Baths
3,229 Sq Ft
$894/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2025

Last sale price $3,000,000 $929 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $18,178 / mo

Highlights

  • 85 Feet of Waterfront
  • Deck
  • Sun or Florida Room
  • 0.53 Acre Lot
  • Ranch Style House
  • Den

About This Home

As of May 2025

sold Com

Last Agent to Sell the Property

. FSBO Comp

FSBO Comp Listed on: 03/27/2025

Last Buyer's Agent

Bob Winding

First Weber, Inc License #57551-90

First Weber, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 23,087 Sq Ft Lot
  • 85 Feet of Waterfront
  • Lake Front

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Gas Fireplace
  • Den
  • Sun or Florida Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Lake View 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

Year Built

Built in 1973

Lot Details

0.53 Acres

Listing Details

  • Municipality: Maple Bluff
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Year Built: 1973
  • Above Grade Sold Price Per Sq Ft: 1347.1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 2227
  • Finished Non Exp Sq Ft: 1002
  • Finished Sq Ft: 3229
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 16x13, On Level: M
  • Bedroom 2: Dimensions: 11x11, On Level: L
  • Bedroom 3: Dimensions: 19x10, On Level: L
  • Kitchen: Dimensions: 13x10, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher
  • Living Room: Dimensions: 21x14, On Level: M
  • Dining Room: Dimensions: 14x15, On Level: M
  • Dining Area: Dimensions: 15x12, On Level: M
  • Family Room: Dimensions: 27x15, On Level: L
  • Other Rooms: Den/Office, Sun Room
  • Other Room 1: Sun Room, Dimensions: 13x09, On Level: M
  • Other Room 2: Den/Office, Dimensions: 11x11, On Level: M
  • Laundry: Dimensions: 12x07, On Level: M
  • Basement: Full, Partially finished, Poured concrete foundatn
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Walk-in closet(s), Washer, Dryer, Water softener inc, Cable available
  • Primary Bedroom Bathrooms: Full, Walk-in Shower, Separate Tub

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: Mendota
  • Waterfrontage: 85
  • Exterior: Wood, Brick
  • Exterior Features: Deck, Patio

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Attached
  • Total Full Garage Stalls: 2

Utilities

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

Schools

  • Elementary School: Lake View
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.53
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3107815
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
May 5, 2025
Sold by
Farwell Drive Properties Llc
Bought by
Michael And Lisa Suter Revocable Living Trust
Seller's Agent
. FSBO Comp
FSBO Comp
Buyer's Agent
Bob Winding
First Weber, Inc
List Price
$3,000,000
Sold Price
$3,000,000
Views
8
Current Estimated Value
$2,886,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,076
Avg. Annual Appreciation
-3.92%

Purchase Details

Closed on
Feb 11, 2013
Sold by
Polipnick Carol Jean
Bought by
Farwell Drive Properties Llc

Purchase Details

Closed on
Jan 31, 2013
Sold by
Oimoen Janice Lynn
Bought by
Farwell Drive Properties Llc

Purchase Details

Closed on
Jan 30, 2013
Sold by
Miranda Mary D
Bought by
Farwell Drive Properties Llc

Purchase Details

Closed on
Jan 29, 2013
Sold by
Storer John W
Bought by
Farwell Drive Properties Llc

Purchase Details

Closed on
Dec 19, 2012
Sold by
Storer Family Trust
Bought by
Miranda Mary D and Storer John W
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
Michael And Lisa Suter Revocable Living Trust $3,000,000 None Listed On Document
Farwell Drive Properties Llc -- None Available
Farwell Drive Properties Llc -- None Available
Farwell Drive Properties Llc -- None Available
Farwell Drive Properties Llc -- None Available
Farwell Drive Properties Llc -- None Available
Miranda Mary D $900,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2025 05/05/25 Sold $3,000,000 0.0% $929 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $3,000,000 -- $929 / 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
2025 $35,738 $1,379,500 $1,015,000 $364,500
2024 $31,860 $1,379,500 $1,015,000 $364,500
2023 $31,078 $1,379,500 $1,015,000 $364,500
2022 $27,680 $1,379,500 $1,015,000 $364,500
2021 $28,276 $1,379,500 $1,015,000 $364,500
2020 $27,953 $1,069,500 $782,500 $287,000
2019 $25,104 $1,069,500 $782,500 $287,000
2018 $23,172 $1,069,500 $782,500 $287,000
2017 $22,650 $1,069,500 $782,500 $287,000
2016 $22,487 $1,069,500 $782,500 $287,000
2015 $22,070 $1,069,500 $782,500 $287,000
2014 -- $1,060,000 $801,000 $259,000
2013 $23,625 $1,060,000 $801,000 $259,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1999031

South Central Wisconsin Multiple Listing Service

APN: 0709-012-9300-3

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