5107 Merwood Ln Unit 107 Madison, WI 53718
3
Beds
3
Baths
1,812
Sq Ft
$175/mo
HOA Fee
Highlights
- Property is near a park
- Recreation Room
- Wood Flooring
- Multiple Fireplaces
- Vaulted Ceiling
- End Unit
About This Home
As of November 2024**BEST RANCH FLOORPLAN IN PROJECT!!** WELCOME TO LIBERTY PLACE CONDOMINIUMS-WHERE YOUR HEART IS HOME! QUALITY 1/2 DUPLEX AVAILABLE NOW! LOCATED ON THE CAPITAL CITY BIKE TRAIL AND ACROSS FROM VILLAGE PARK-JUST MINUTES FROM MADISON & BELTLINE TOO! THIS 20 UNIT PROJECT HAS LOW DUES ($175/MO), FLEXIBLE FLOORPLANS & WONDERFUL PRIVATE SETTING! BRAND NEW FLOORING AND YOU PICK LVP OR CARPET ON MAIN. TWO CORNER GAS FIREPLACES AND **BONUS SPACE-3RD BED W WALK IN, REC ROOM AND FULL BATH IN EXPOSED LOWER. SELLER PROVIDES $2,500/UNIT AT CLOSING FOR ROBUST RESERVE FUND!
Last Agent to Sell the Property
Century 21 Affiliated License #49690-94 Listed on: 07/02/2024
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
- Vaulted Ceiling
- Multiple Fireplaces
- Gas Fireplace
- Great Room
- Recreation Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub
- Walk-in Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Finished 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
Outdoor Features
- Patio
Location
- Property is near a park
- Property is near a bus stop
Schools
- Henderson Elementary School
- Sennett Middle School
- Lafollette High School
Utilities
- Forced Air Cooling System
- Water Softener
- Cable TV Available
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 5, 2024
Sold by
Dwb Llc
Bought by
Lawyer Jordan Michael
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
$249,201
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2024
Sold by
Dwb Ents
Bought by
Alf Dawn Braman
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
$249,201
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $314,900 | Knight Barry Title | |
| Deed | $350,000 | None Listed On Document | |
| Warranty Deed | $600,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $251,900 | New Conventional | |
| Closed | $315,000 | New Conventional | |
| Previous Owner | $3,200,000 | Construction | |
| Previous Owner | $600,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2024 11/14/24 | Sold | $351,500 | 0.0% | $194 / Sq Ft |
| 11/14/2024 11/14/24 | Sold | $351,500 | +0.5% | $207 / Sq Ft |
| 07/09/2024 07/09/24 | For Sale | $349,900 | 0.0% | $193 / Sq Ft |
| 07/09/2024 07/09/24 | For Sale | $349,900 | -0.5% | $206 / Sq Ft |
| 07/08/2024 07/08/24 | Off Market | $351,500 | -- | -- |
| 07/02/2024 07/02/24 | Off Market | $351,500 | -- | -- |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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
-
Seller's Agent in 2024
Jeff Schraml
Century 21 Affiliated
(608) 873-1626
48 in this area
97 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1980939
APN: 0710-341-0101-5
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