NOT LISTED FOR SALE

5218 Tolman Terrace Madison, WI 53711

Orchard Ridge Neighborhood

Estimated Value: $587,940 - $602,000

4 Beds
2.5 Baths
2,527 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $380,000 $150 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,813/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Fenced Yard
  • Vel Phillips Memorial High School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of October 2020

One party listings

Last Agent to Sell the Property

Mark Gladue

Lauer Realty Group, Inc. License #56190-90 Listed on: 07/31/2020

Last Buyer's Agent

Mark Gladue

Lauer Realty Group, Inc. License #56190-90 Listed on: 07/31/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,650

Year Built

  • Built in 1961

Lot Details

  • 0.4 Acre Lot
  • Fenced Yard
  • Wooded Lot
  • Property is zoned SR-C1

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction
  • Radon Mitigation System

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

  • Orchard Ridge Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,650

Year Built

Built in 1961

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: Cape Cod
  • Items Excluded: Personal Property of Seller
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer, WAter Softener, All Window Coverings, Garage Door Opener and Remotes
  • Year Built: 1961
  • Above Grade Price Per Sq Ft: 171.79
  • Above Grade Sold Price Per Sq Ft: 171.79
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 2212
  • Finished Non Exp Sq Ft: 315
  • Finished Sq Ft: 2527
  • Bedrooms: 4
  • Total Bathrooms: 2.5
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 15x12, On Level: M
  • Bedroom 2: Dimensions: 12x11, On Level: M
  • Bedroom 3: Dimensions: 21x16, On Level: U
  • Bedroom 4: Dimensions: 21x16, On Level: U
  • Kitchen: Dimensions: 12x12, On Level: M
  • Kitchen Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 20x14, On Level: M
  • Dining Room: Dimensions: 12x12, On Level: M
  • Family Room: Dimensions: 24x19, On Level: L
  • Laundry: Dimensions: 8x6, On Level: L
  • Basement: Full, Partially finished, Sump pump, Radon Mitigation System
  • Fireplace: Wood, 1 fireplace
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Wood, Brick, Stone
  • Exterior Features: Patio, Fenced Yard

Garage/Parking

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

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Orchard Ridge
  • Middle School: Toki
  • High School: Memorial
  • Elementary School: Orchard Ridge
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Assessor Parcel Number: 0709-314-0325-1
  • Estimated Aces: 0.4
  • Lot Description: Wooded, Close to busline
  • Zoning: SR-C1
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 114300
  • Improvements: 215300
  • Total Assessment: 329600
  • Assessment year: 2020
  • Net Taxes: 6650
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Walker Gary R and Walker Anita N
Bought by
Walker Philosophy E
Current Estimated Value
$595,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Outstanding Balance
$38,503
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$528,916

Purchase Details

Listed on
Jul 31, 2020
Closed on
Oct 1, 2020
Sold by
Hansen Carol J and Hansen George
Bought by
Walker Philosophy E and Mccluskey Adam J
Seller's Agent
Mark Gladue
Lauer Realty Group, Inc.
Buyer's Agent
Mark Gladue
Lauer Realty Group, Inc.
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$130,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2014
Closed on
Jan 21, 2015
Sold by
Smith Nicholas and Smith Miriam
Bought by
Nass Chris J and Nass Carol J
Seller's Agent
Janice Hansen
South Central Non-Member
Buyer's Agent
Jackie Brown
Real Broker LLC
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$195,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 7, 2013
Closed on
Apr 18, 2013
Sold by
Boyer Carla J and Gingras Carla J
Bought by
Smith Nicholas and Smith Miriam
Seller's Agent
Guy Lofts
Real Broker LLC
Buyer's Agent
George Oliveira
EXP Realty, LLC
List Price
$224,900
Sold Price
$227,000
Premium/Discount to List
$2,100
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$222,888
Interest Rate
3.37%
Mortgage Type
FHA
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
Walker Philosophy E $246,900 None Listed On Document
Walker Philosophy E $380,000 Knight Barry Title
Nass Chris J $245,000 None Available
Smith Nicholas $227,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Philosophy E $39,600
Previous Owner Walker Philosophy E $130,000
Previous Owner Nass Carol J $180,000
Previous Owner Nass Christopher J $134,000
Previous Owner Nass Chris J $195,000
Previous Owner Smith Nicholas $222,888
Previous Owner Gingras Carla J $162,500
Previous Owner Boyer Carla J $165,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $380,000 0.0% $150 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $380,000 +55.1% $150 / Sq Ft
01/21/2015 01/21/15 Sold $245,000 +2.1% $97 / Sq Ft
12/21/2014 12/21/14 Pending -- -- --
11/01/2014 11/01/14 For Sale $239,900 +5.7% $95 / Sq Ft
04/18/2013 04/18/13 Sold $227,000 +0.9% $90 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $224,900 -- $89 / 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 $18,177 $533,300 $167,600 $365,700
2023 $8,610 $493,800 $155,200 $338,600
2021 $7,781 $380,000 $119,400 $260,600
2020 $7,133 $329,600 $114,300 $215,300
2019 $6,650 $308,000 $106,800 $201,200
2018 $6,098 $282,600 $98,000 $184,600
2017 $6,121 $271,700 $98,000 $173,700
2016 $5,691 $247,000 $89,100 $157,900
2015 $5,291 $227,000 $85,700 $141,300
2014 $5,290 $227,000 $85,700 $141,300
2013 $5,085 $212,400 $83,200 $129,200
Source: Public Records

Agents Affiliated with this Home

  • Mark Gladue

    Seller's Agent in 2020

    Mark Gladue

    Lauer Realty Group, Inc.

    (608) 658-0467

    2 in this area

    212 Total Sales

    Mark Gladue
    Section Image

  • J

    Seller's Agent in 2015

    Janice Hansen

    South Central Non-Member

    Section Image
  • Jackie Brown

    Buyer's Agent in 2015

    Jackie Brown

    Real Broker LLC

    (608) 516-1412

    1 in this area

    46 Total Sales

    Jackie Brown
    Section Image
  • Guy Lofts

    Seller's Agent in 2013

    Guy Lofts

    Real Broker LLC

    (608) 512-1123

    66 Total Sales

    Guy Lofts
    Section Image

  • G

    Buyer's Agent in 2013

    George Oliveira

    EXP Realty, LLC

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1895475

South Central Wisconsin Multiple Listing Service

APN: 0709-314-0325-1

Wisconsin Dane County Madison 53711 Orchard Ridge

5218 Tolman Terrace, Madison, WI

This home is located at 5218 Tolman Terrace, Madison, WI 53711 since 31 July 2020 and is currently estimated at $595,235, approximately $235 per square foot. This property was built in 1961. 5218 Tolman Terrace is a home located in Dane County with nearby schools including Orchard Ridge Elementary School, Toki Middle School, and Vel Phillips Memorial 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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