NOT LISTED FOR SALE

5119 Merwood Ln Unit 119 Madison, WI 53718

3 Beds
2.5 Baths
1,600 Sq Ft
$150/mo HOA Fee

Last Sold August 30, 2024

Last sale price $315,000 $197 Per Sq Ft

1 Day on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Great Room
  • Vaulted Ceiling
  • End Unit
  • Cul-De-Sac

About This Home

As of August 2024

SHOWINGS START 9/1! RENTED UNTIL 8/30/24. WELCOME TO LIBERTY PLACE CONDOMINIUMS-WHERE YOUR HEART IS HOME! FULLY RE-MODELED 1/2 DUPLEX END-UNITS ARE AVAILABLE STARTING MID JANUARY. THIS 20 UNIT PROJECT HAS LOW DUES, CONVENIENT LOCATION AND WALK/BIKE TRAIL RIGHT OUT THE DOOR! WONDERFUL CORNER GAS FP WARMS THE PLACE & QUARTZ COUNTERS, HIGH END FIXTURES THROUGHOUT, GLEEMING NEWLY RE-FINISHED OAK HARDWOODS, SS APPLIANCE PACKAGE, QUALITY WINDOW TREATMENTS-EVERYTHING YOU WANT FOR A MOVE-IN READY CONDO. BONUS SPACE-NEW FINISHED REC ROOM AND FULL BATH IN EXPOSED LOWER CAN BE ADDED TO THIS UNIT

Last Agent to Sell the Property

Jeff Schraml

Century 21 Affiliated License #49690-94 Listed on: 07/24/2024

Century 21 Affiliated

Last Buyer's Agent

Minh Nguyen

Lauer Realty Group, Inc. License #91611-94

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 2022

Lot Details

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

HOA Fees

  • $150 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,600 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Great 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
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

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
  • Multiple Heating Units
  • Radiant Heating System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 20 Units
  • Located in the Liberty Place master-planned community
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 0710-341-0101-5

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,642

Year Built

Built in 2022

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story, Conversion, Shared Wall/Half duplex, End Unit
  • 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: 2022
  • Above Grade Price Per Sq Ft: 203.06
  • Above Grade Sold Price Per Sq Ft: 196.88
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Finished Sq Ft: 1600
  • Finished Above Grade Sq Ft: 1600
  • Bedrooms: 3
  • Total Bathrooms: 2.5
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 16x16, On Level: U
  • Bedroom 2: Dimensions: 12x12, On Level: U
  • Bedroom 3: Dimensions: 10x12, On Level: U
  • Kitchen: Dimensions: 12x12, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 12x14, On Level: M
  • Dining Room: Dimensions: 8x10, On Level: M
  • In Unit Laundry Lvl: U
  • Basement: Full, Sump pump, 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, Split bedrooms, Internet - DSL
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline, Project Adj Park/PubLand
  • Condo Fee Month: 150
  • Condo Management: Unit Owners, Developer
  • Proposed Units In Assoc: 20
  • Units in Association: 20
  • Units In Building: 20

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
Jul 24, 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
Minh Nguyen
Lauer Realty Group, Inc.
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%

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
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
$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
08/30/2024 08/30/24 Sold $315,000 0.0% $197 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/25/2024 07/25/24 Off Market $315,000 -- --
07/24/2024 07/24/24 For Sale $324,900 -- $203 / 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

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1982212

South Central Wisconsin Multiple Listing Service

APN: 0710-341-0101-5