NOT LISTED FOR SALE

521 E Lakeview Ave Madison, WI 53716

Lake Edge Neighborhood

Estimated Value: $457,000 - $535,078

3 Beds
2.5 Baths
1,994 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $535,000 $268 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,605/month

4 Days on Market

Highlights

  • Sauna
  • Contemporary Architecture
  • Hydromassage or Jetted Bathtub
  • Deck
  • Wood Flooring
  • Gazebo

About This Home

As of September 2024

Welcome to this beautifully maintained modern home in the sought-after Lake Edge neighborhood; this property offers 3 bedrooms and 2.5 bathrooms, including a convenient conjoining en suite bathroom upstairs. Enjoy the eat-in kitchen with newer stainless appliances. The finished basement provides a dry sauna, shower, and wet bar combo. Additional features include a one-car garage, concrete window sills on the basement and primary levels, and a stunning private backyard. The backyard is an entertainer's dream, complete with a five-hole chipping and putting golf course (Astroturf grass), a wood-fired pizza oven, a charming gazebo, two storage sheds, and a chicken coop. To see recent upgrades, view the attached documents.

Last Agent to Sell the Property

Autumn Shaffer

Locate Real Estate License #111135-94 Listed on: 07/24/2024

Last Buyer's Agent

Timothy Flores

LPT Realty License #85666-94

LPT Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,196

Year Built

  • Built in 1949

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard
  • Property is zoned SR-C2

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Sauna
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Outdoor Storage
  • Storage Shed

Schools

  • Southside Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • Morningside Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,196

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Contemporary
  • Items Excluded: Sellers personal property, ring camera/doorbell system
  • Items Included: Refrigerator, microwave, stove/oven, dishwasher, washer, dryer, water softener, RO water system rental transferable, basement fridge, all TV mounts, TV & Mount in gazebo, outdoor wood fired pizza oven, shed, outdoor lighting pillars, all window coverings
  • Year Built: 1949
  • Above Grade Sold Price Per Sq Ft: 303.98
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1760
  • Finished Non Exp Sq Ft: 234
  • Finished Sq Ft: 1994
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 12x17, On Level: U
  • Bedroom 2: Dimensions: 11x17, On Level: U
  • Bedroom 3: Dimensions: 10x11, On Level: M
  • Kitchen: Dimensions: 13x14, On Level: M
  • Kitchen Features: Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 14x17, On Level: M
  • Laundry: On Level: L
  • Basement: Partial, Partially finished, Block foundation
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Washer, Dryer, Water softener inc, Jetted bathtub, Sauna, Wet bar, Cable available, At Least 1 tub, Internet - Cable
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Patio, Fenced Yard, Storage building, Gazebo

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Attached, Opener
  • Total Full Garage Stalls: 1

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.17
  • Zoning: SR-C2
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6196
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 3, 2024
Sold by
Shaffer Joshua Thomas and Shaffer Autumn Lee
Bought by
Martin Kyle and Santana Ashley
Seller's Agent
Autumn Shaffer
Locate Real Estate
Buyer's Agent
Timothy Flores
LPT Realty
List Price
$480,000
Sold Price
$535,000
Premium/Discount to List
$55,000
11.46%
Views
104
Current Estimated Value
$490,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,730
Avg. Annual Appreciation
-6.05%
Original Mortgage
$420,000
Outstanding Balance
$413,998
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$76,272

Purchase Details

Closed on
Oct 11, 2016
Sold by
Freund Jacqueline M
Bought by
Thomas Joshua and Shaffer Autumn Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,104
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2015
Sold by
Freund Jacquelyn M
Bought by
Shaffer Joshua and Shaffer Autumn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,500
Interest Rate
3.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 19, 2009
Sold by
Freund Benet R
Bought by
Freund Jacquelyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.22%
Mortgage Type
New Conventional
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
Martin Kyle $535,000 None Listed On Document
Thomas Joshua -- Attorney
Shaffer Joshua $186,500 None Available
Freund Jacquelyn M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Kyle $420,000
Previous Owner Thomas Joshua $192,104
Previous Owner Shaffer Joshua $176,500
Previous Owner Freund Jacquelyn M $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $535,000 +11.5% $268 / Sq Ft
07/24/2024 07/24/24 For Sale $480,000 -- $241 / 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
2024 $12,668 $377,700 $89,500 $288,200
2023 $6,197 $361,800 $85,700 $276,100
2022 $10,922 $293,900 $69,600 $224,300
2021 $5,154 $257,800 $69,600 $188,200
2020 $5,191 $243,200 $65,700 $177,500
2019 $4,877 $229,400 $62,000 $167,400
2018 $4,900 $229,400 $39,200 $190,200
2017 $4,561 $204,800 $39,200 $165,600
2016 $4,444 $195,000 $37,300 $157,700
2015 $4,209 $182,300 $35,200 $147,100
2014 $4,207 $182,300 $35,200 $147,100
2013 $4,397 $182,300 $35,200 $147,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Autumn Shaffer

    Locate Real Estate

    Section Image
  • Timothy Flores

    Buyer's Agent in 2024

    Timothy Flores

    LPT Realty

    (608) 579-3033

    1 in this area

    92 Total Sales

    Timothy Flores
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1982126

South Central Wisconsin Multiple Listing Service

APN: 0710-094-1121-7

Wisconsin Dane County Madison 53716 Lake Edge

521 E Lakeview Ave, Madison, WI

Not Listed for Sale

Detached

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