NOT LISTED FOR SALE

5124 Merwood Ln Unit 124 Madison, WI 53718

3 Beds
3.5 Baths
1,927 Sq Ft
2012 Built

Last Sold June 28, 2024

Last sale price $350,000 $182 Per Sq Ft

1 Day on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Wood Flooring
  • Property is near a park
  • Vaulted Ceiling
  • Great Room

About This Home

As of June 2024

THIS IS A MODEL UNIT!! WELCOME TO LIBERTY PLACE CONDOMINIUMS-WHERE YOUR HEART IS HOME! FULLY RE-MODELED 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 AND BELTLINE TOO! THIS 20 UNIT PROJECT HAS LOW DUES, FLEXIBLE FLOORPLANS, REMODEL-AS-YOU-LIKE OPTIONS AND WONDERFUL PRIVATE SETTING! CORNER GAS FP, FULL PAINT, QUARTZ COUNTERS & HIGH-END FIXTURES THROUGHOUT, NEW FINISHED REC ROOM AND FULL BATH IN EXPOSED LOWER, GLEEMING NEWLY RE-FINISHED OAK HARDWOODS, SS APPLIANCE PACKAGE, QUALITY WINDOW TREATMENTS-EVERYTHING YOU WANT FOR A MOVE-IN READY CONDO. SELLER PROVIDES $2,500/UNIT AT CLOSING TO CREATE ROBUST RESERVE FUND!

Last Agent to Sell the Property

Jeff Schraml

Century 21 Affiliated License #49690-94 Listed on: 04/15/2024

Century 21 Affiliated

Last Buyer's Agent

Dan Chin Homes Team

Real Broker LLC

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 2012

Lot Details

  • Cul-De-Sac
  • Level Lot
  • Wooded Lot
  • Property is zoned SR-V2

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Ceilings are 8 Feet High
  • Sump Pump
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Low Pile Carpeting
  • Smart Technology

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
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • Liberty Place Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,642

Year Built

Built in 2012

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story, Condominium, Shared Wall/HalfDuplex
  • Architecture: Contemporary, Colonial
  • Barrier Free: Stall shower, Level drive, Level lot, Low pile or no carpeting
  • Items Included: REFRIGERATOR, RANGE/OVEN, MICROWAVE, DISHWASHER, DISPOSAL, STACKED WASHER/DRYER, WATER SOFTENER, GARAGE DOOR REMOTES, WINDOW COVERINGS
  • Year Built: 2012
  • Above Grade Price Per Sq Ft: 225.45
  • Above Grade Sold Price Per Sq Ft: 225.52
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1552
  • Finished Non Exp Sq Ft: 375
  • Finished Sq Ft: 1927
  • Bedrooms: 3
  • Total Bathrooms: 3.5
  • Main Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 16X16, On Level: U
  • Bedroom 2: Dimensions: 12X12, On Level: U
  • Bedroom 3: Dimensions: 14X10, On Level: U
  • Kitchen: Dimensions: 12X10, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 23X14, On Level: M
  • Dining Area: Dimensions: 9X7, On Level: M
  • Family Room: Dimensions: 28X10, On Level: L
  • Basement: Full, Full Size Windows/Exposed, Finished, Sump pump, 8'+ Ceiling, Poured concrete foundatn
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Great room, Vaulted ceiling, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub, Internet - DSL, Internet - Satellite/Dish, Smart doorbell
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo, Walk-in Shower

Exterior Features

  • Exterior: Vinyl, Brick
  • Exterior Features: Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Annual HOA Fees: 175

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

  • Assessor Parcel Number: 0710-341-0101-5
  • Lot Description: Cul-de-sac, Wooded, Close to busline, Adjacent park/public land
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 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
Dan Chin Homes Team
Real Broker LLC
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Views
26

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
Apr 15, 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
Dan Chin Homes Team
Real Broker LLC
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Views
26

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
06/28/2024 06/28/24 Sold $350,000 0.0% $182 / Sq Ft
06/28/2024 06/28/24 Sold $350,000 0.0% $182 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/16/2024 04/16/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $349,900 0.0% $182 / Sq Ft
04/14/2024 04/14/24 For Sale $349,900 -- $182 / 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: 1974915

South Central Wisconsin Multiple Listing Service

APN: 0710-341-0101-5