NOT LISTED FOR SALE

5314 Loruth Terrace Madison, WI 53711

Orchard Ridge Neighborhood

Estimated Value: $526,000 - $623,918

3 Beds
2.5 Baths
2,030 Sq Ft
$282/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $380,000 $187 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,589/month

104 Days on Market

Highlights

  • Open Floorplan
  • Craftsman Architecture
  • 3 Car Attached Garage
  • Vel Phillips Memorial High School Rated A
  • Property is near a park
  • Forced Air Cooling System

About This Home

As of March 2019

Remarkable 9 year old home right across from Orchard Ridge Park. Very nicely designed home with 2030 sq. ft. on the main floor and another 1030 sq. ft. of living space on the lower level. The lower level is not finished but is stubbed in and ready for your finishing touches. Top line finished - with custom built Cherry - kitchen cabinets, beautiful Amendoim South American Oak floors. Beautiful tray ceilings throughout the home. A gracious fireplace is located in the Living room of Chardonnay Southern Ledge Stone. So many extras including a 3 car attached garage with entry to the basement 3-4 bedroom, 3 1/4 bath home in Orchard Ridge. Great location, quality craftsmanship.

Last Agent to Sell the Property

Rhonda Rott

Century 21 Affiliated License #44299-90 Listed on: 08/27/2018

Century 21 Affiliated

Last Buyer's Agent

Dan Schimelfenyg

EXP Realty, LLC License #80420-94

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,320

Year Built

  • Built in 2009

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 106x153

Parking

  • 3 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Poured Concrete

Interior Spaces

  • 2,030 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Sump Pump
  • Stubbed For A Bathroom
  • Basement Windows

Location

  • Property is near a park

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

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

Community Details

  • Orchard Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,320

Year Built

Built in 2009

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, Prairie/Craftsman
  • Barrier Free: Open floor plan
  • Items Excluded: Sellers personal effects and furniture
  • Items Included: Stove/oven, dw, MW, ref., water softner
  • Year Built: 2009
  • Above Grade Sold Price Per Sq Ft: 187.19
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 2030
  • Finished Sq Ft: 2030
  • Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 12x15, On Level: M
  • Bedroom 2: Dimensions: 10x11, On Level: M
  • Bedroom 3: Dimensions: 11x11, On Level: M
  • Kitchen: Dimensions: 12x14, On Level: M
  • Kitchen Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 15x17, On Level: M
  • Dining Room: Dimensions: 12x14, On Level: M
  • Laundry: Dimensions: hall bath, On Level: M
  • Basement: Full, Full Size Windows/Exposed, Partially finished, Sump pump, Stubbed for Bathroom, Poured concrete foundatn
  • Fireplace: Gas
  • Interior Amenities: Washer, Dryer, Water softener inc, Cable available
  • Primary Bedroom Bathrooms: Full

Garage/Parking

  • Driveway: Paved
  • Garage: 3 car, Attached, Access to Basement
  • Total Full Garage Stalls: 3

Utilities

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

Schools

  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Estimated Aces: 0.38
  • Lot Description: Adjacent park/public land
  • Lot Dimensions: 106x153
  • Zoning: res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 8320
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Mar 22, 2019
Sold by
Nachreiner Timothy L
Bought by
Scheide James M and Scheide Mary S
Seller's Agent
Rhonda Rott
Century 21 Affiliated
Buyer's Agent
Dan Schimelfenyg
EXP Realty, LLC
List Price
$469,900
Sold Price
$380,000
Premium/Discount to List
-$89,900
-19.13%
Current Estimated Value
$573,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,230
Avg. Annual Appreciation
6.42%
Original Mortgage
$80,000
Outstanding Balance
$70,334
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$502,896

Purchase Details

Closed on
Jul 14, 2008
Sold by
Peterscott Llc
Bought by
Nachreiner Timothy L

Purchase Details

Closed on
Oct 13, 2006
Sold by
Peters Susan M
Bought by
Peterscott Llc

Purchase Details

Closed on
Oct 10, 2006
Sold by
Peterscott Llc
Bought by
Peters Susan M
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
Scheide James M $380,000 None Available
Nachreiner Timothy L $115,000 None Available
Peterscott Llc -- None Available
Peters Susan M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheide James M $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $380,000 -5.0% $187 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
09/11/2018 09/11/18 Price Changed $399,900 -5.9% $197 / Sq Ft
09/07/2018 09/07/18 Price Changed $424,900 -9.6% $209 / Sq Ft
08/27/2018 08/27/18 For Sale $469,900 -- $231 / 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 $18,404 $539,700 $161,800 $377,900
2023 $9,046 $499,700 $149,800 $349,900
2021 $8,181 $384,500 $115,300 $269,200
2020 $8,459 $380,000 $110,300 $269,700
2019 $8,493 $380,000 $103,100 $276,900
2018 $8,354 $374,400 $94,600 $279,800
2017 $8,320 $360,000 $94,600 $265,400
2016 $8,111 $341,700 $86,000 $255,700
2015 $7,791 $206,700 $82,700 $124,000
2014 $4,930 $206,700 $82,700 $124,000
2013 $4,418 $200,700 $80,300 $120,400
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Rott

    Seller's Agent in 2019

    Rhonda Rott

    Century 21 Affiliated

    (608) 604-9070

    95 Total Sales

    Rhonda Rott
    Section Image
  • Dan Schimelfenyg

    Buyer's Agent in 2019

    Dan Schimelfenyg

    EXP Realty, LLC

    (608) 658-4342

    53 Total Sales

    Dan Schimelfenyg
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1840042

South Central Wisconsin Multiple Listing Service

APN: 0709-311-0233-2

Wisconsin Dane County Madison 53711 Orchard Ridge

5314 Loruth Terrace, Madison, WI

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