NOT LISTED FOR SALE

5101 Merwood Ln Unit 101 Madison, WI 53718

2 Beds
2 Baths
1,012 Sq Ft
$175/mo HOA Fee

Last Sold July 19, 2024

Last sale price $314,000 $310 Per Sq Ft

14 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Great Room
  • Vaulted Ceiling
  • End Unit
  • Cul-De-Sac

About This Home

As of July 2024

**BEST RANCH LOCATION IN PROJECT!!** WELCOME TO LIBERTY PLACE CONDOMINIUMS-WHERE YOUR HEART IS HOME! FULLY RE-MODELED (SEE 5113 MERWWOOD MODEL FOR FINISHINGS) 1/2 DUPLEX END-UNITS ARE AVAILABLE NOW! LOCATED ON THE CAPITAL CITY BIKE TRAIL AND ACROSS FROM VILLAGE PARK-SETTING IS JUST MINUTES FROM MADISON & BELTLINE TOO! THIS 20 UNIT PROJECT HAS LOW DUES ($175/MO), FLEXIBLE FLOORPLANS & WONDERFUL PRIVATE SETTING! CORNER GAS FP, FULL PAINT, QUARTZ COUNTERS CAN ADDED AT YOUR CHOICE & HIGH-END FIXTURES THROUGHOUT, GLEEMING RE-FINISHED OAK HARDWOODS, SS APPLIANCE PACKAGE, QUALITY WINDOW TREATMENTS-MOVE IN READY! **BONUS SPACE-3RD BED W WALK IN, REC ROOM AND FULL BATH IN EXPOSED LOWER CAN BE ADDED FOR $25K TO THIS UNIT. SELLER PROVIDES $2,500/UNIT AT CLOSING FOR ROBUST RESERVE FUND!

Last Agent to Sell the Property

Jeff Schraml

Century 21 Affiliated License #49690-94 Listed on: 06/06/2024

Century 21 Affiliated

Last Buyer's Agent

Corey Fischbach

NextHome Strategy License #58496-90

NextHome Strategy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 2010

Lot Details

  • End Unit
  • Cul-De-Sac
  • Private Entrance

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Ranch Property
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,012 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Ceilings are 8 Feet High
  • Stubbed For A Bathroom
  • Basement Windows

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility
  • Ramped or Level from Garage

Schools

  • Henderson Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Community Details

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 2 Units
  • Located in the LIBERTY PLACE master-planned community

Listing and Financial Details

  • Assessor Parcel Number 0710-341-0101-5

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,642

Year Built

Built in 2010

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story, Conversion, Shared Wall/Half duplex, End Unit
  • Barrier Free: Open floor plan, Ramped or level entrance, Ramped or lvl from garage, First floor bedroom, First floor full bath, Stall shower, Level drive, Level lot
  • Items Included: REFRIGERATOR, RANGE/OVEN, DISHWASHER, MICROWAVE/FAN, DISPOSAL, STACKED W/D, WATER SOFTENER, WINDOW COVERINGS, GARAGE DOOR REMOTES
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: LIBERTY PLACE
  • Year Built: 2010
  • Above Grade Price Per Sq Ft: 321.05
  • Above Grade Sold Price Per Sq Ft: 310.28
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1012
  • Finished Above Grade Sq Ft: 1012
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 16x11, On Level: M
  • Bedroom 2: Dimensions: 11x11, On Level: M
  • Kitchen: Dimensions: 11x12, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 14x13, On Level: M
  • Dining Room: Dimensions: 10x11, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: Full, Full Size Windows/Exposed, 8ft + Ceiling, Stubbed for Bathroom, Poured concrete foundatn
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Great room, Vaulted ceiling, Washer, Dryer, Water softener included, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Exterior: Vinyl, Brick, Stone
  • Exterior Features: Private Entry, Patio, Cul de Sac

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 2 car Garage, Attached, Opener inc

Condo/Co-op/Association

  • Common Amenities: Close to busline
  • Condo Fee Month: 175
  • Condo Management: Developer
  • Proposed Units In Assoc: 20
  • Units in Association: 20
  • Units In Building: 2

Schools

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

Lot Info

  • Zoning: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 26500
  • Improvements: 190500
  • Total Assessment: 217000
  • Assessment year: 2024
  • Net Taxes: 3642
  • Tax Year: 2024
  • Assessor Parcel Number: 0710-341-0101-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 5, 2024
Sold by
Dwb Llc
Bought by
Lawyer Jordan Michael
Seller's Agent
Jeff Schraml
Century 21 Affiliated
Buyer's Agent
Corey Fischbach
NextHome Strategy
List Price
$324,900
Sold Price
$314,000
Premium/Discount to List
-$10,900
-3.35%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,900
Outstanding Balance
$248,948
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jun 27, 2024
Sold by
Dwb Ents
Bought by
Alf Dawn Braman
Seller's Agent
Jeff Schraml
Century 21 Affiliated
Buyer's Agent
Corey Fischbach
NextHome Strategy
List Price
$324,900
Sold Price
$314,000
Premium/Discount to List
-$10,900
-3.35%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,900
Outstanding Balance
$248,948
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
Geat Neighborhoods Inc
Bought by
Dwb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.69%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Lawyer Jordan Michael $314,900 Knight Barry Title
Alf Dawn Braman $350,000 None Listed On Document
Dwb Llc $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawyer Jordan Michael $251,900
Closed Alf Dawn Braman $315,000
Previous Owner Dwb Llc $3,200,000
Previous Owner Dwb Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $314,000 0.0% $310 / Sq Ft
07/19/2024 07/19/24 Sold $314,000 -3.4% $310 / Sq Ft
06/06/2024 06/06/24 For Sale $324,900 0.0% $321 / Sq Ft
06/06/2024 06/06/24 For Sale $324,900 -- $321 / 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 $163,738 $4,557,000 $530,000 $4,027,000
2023 $79,826 $4,340,000 $530,000 $3,810,000
2021 $71,877 $3,345,000 $530,000 $2,815,000
2020 $71,480 $3,185,000 $527,000 $2,658,000
2019 $68,311 $3,032,000 $526,500 $2,505,500
2018 $64,959 $2,888,000 $526,500 $2,361,500
2017 $67,296 $2,888,000 $526,500 $2,361,500
2016 $65,843 $2,750,000 $478,500 $2,271,500
2015 $66,512 $2,500,000 $478,500 $2,021,500
2014 $60,488 $2,500,000 $478,500 $2,021,500
2013 $32,139 $2,160,000 $478,500 $1,681,500
Source: Public Records

Agents Affiliated with this Home

  • Jeff Schraml

    Seller's Agent in 2024

    Jeff Schraml

    Century 21 Affiliated

    (608) 873-1626

    45 in this area

    94 Total Sales

    Jeff Schraml
    Section Image
  • Corey Fischbach

    Buyer's Agent in 2024

    Corey Fischbach

    NextHome Strategy

    (608) 770-9148

    3 in this area

    37 Total Sales

    Corey Fischbach
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1978840

South Central Wisconsin Multiple Listing Service

APN: 0710-341-0101-5

Wisconsin Dane County Madison 53558

5101 Merwood Ln Unit 101, Madison, WI

This home is located at 5101 Merwood Ln Unit 101, Madison, WI 53718 since 06 June 2024. This property was built in 2010. 5101 Merwood Ln Unit 101 is a home located in Dane County with nearby schools including Henderson Elementary School, Sennett Middle School, and La Follette High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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