NOT LISTED FOR SALE

5242 Summer Ridge Dr Madison, WI 53704

Ridgewood Neighborhood

Estimated Value: $506,000 - $571,000

4 Beds
3 Baths
3,068 Sq Ft
$172/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $288,000 $94 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,049/month

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Den
  • Deck
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of January 2016

Beautiful open design with many updates! Brand new stainless appliances in April 2015 and new oversize tile complete the kitchen of your dreams. Spacious and bright great room with cathedral ceilings and main floor laundry. Enjoy plenty of natural light in finished exposed lower level family room and bedroom. Water heater 1 year old. Large deck that overlooks panoramic views of East Madison. Excellent location!

Last Agent to Sell the Property

Melissa Makela

South Central Non-Member License #77618-94 Listed on: 04/23/2015

Last Buyer's Agent

Julie McKy

Stark Company, REALTORS License #40720-94

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1997

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Den

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Deck

Schools

  • Hawthorne Elementary School
  • Sherman Middle School
  • East High School

Utilities

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

Community Details

  • Ridgewood Drumlin Addition Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,225

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath
  • Items Included: All window coverings
  • Year Built: 1997
  • Above Grade Sold Price Per Sq Ft: 161.43
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1784
  • Finished Non Exp Sq Ft: 1284
  • Finished Sq Ft: 3068
  • Bedrooms: 4
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Master Bedroom: Dimensions: 13x15, On Level: M
  • Bedroom 2: Dimensions: 12x13, On Level: M
  • Bedroom 3: Dimensions: 11x13, On Level: M
  • Bedroom 4: Dimensions: 12x13, On Level: L
  • Kitchen: Dimensions: 12x19, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 13x18, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 10x11, On Level: M
  • Laundry: Dimensions: 7x10, On Level: M
  • Basement: Full, Walkout to yard, Finished
  • Interior Amenities: Walk-in closet(s), Vaulted ceiling, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: Walk-in Shower

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck

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

  • Elementary School: Hawthorne
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.31
  • Zoning: R1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 5225
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jan 4, 2016
Sold by
Reuland Kurt D and Reuland Cristina M
Bought by
Marks Julie L
Seller's Agent
Melissa Makela
South Central Non-Member
Buyer's Agent
Julie McKy
Stark Company, REALTORS
List Price
$304,900
Sold Price
$288,000
Premium/Discount to List
-$16,900
-5.54%
Current Estimated Value
$527,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,081
Avg. Annual Appreciation
6.35%
Original Mortgage
$273,600
Outstanding Balance
$217,315
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$309,766

Purchase Details

Closed on
Jul 17, 2009
Sold by
Horstmeyer Ryan R
Bought by
Reuland Kurt D and Reuland Cristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,025
Interest Rate
5.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Marks Julie L $288,000 Attorney
Reuland Kurt D $213,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marks Julie L $273,600
Previous Owner Reuland Kurt D $210,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2016 01/04/16 Sold $288,000 -5.5% $94 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $304,900 -- $99 / 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 $15,486 $457,300 $96,900 $360,400
2023 $7,872 $435,500 $92,300 $343,200
2021 $7,727 $363,400 $80,400 $283,000
2020 $7,551 $339,600 $75,100 $264,500
2019 $7,081 $317,400 $70,200 $247,200
2018 $6,863 $308,200 $70,200 $238,000
2017 $6,640 $288,000 $65,600 $222,400
2016 $5,542 $234,500 $65,600 $168,900
2015 $5,435 $218,900 $60,300 $158,600
2014 $5,226 $218,900 $60,300 $158,600
2013 $5,604 $218,900 $60,300 $158,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Melissa Makela

    South Central Non-Member

  • J

    Buyer's Agent in 2016

    Julie McKy

    Stark Company, REALTORS

    (608) 576-2191

    31 Total Sales

    Julie McKy
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1744132

South Central Wisconsin Multiple Listing Service

APN: 0810-341-0108-0

Wisconsin Dane County Madison 53704 Ridgewood

5242 Summer Ridge Dr, Madison, WI

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