NOT LISTED FOR SALE

Estimated Value: $158,000 - $166,000

2 Beds
1 Bath
665 Sq Ft
$175/mo HOA Fee

Last Sold May 19, 2017

Last sale price $75,000 $113 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,426/month

3 Days on Market

Highlights

  • Open Floorplan
  • Accessible Bedroom
  • Garden Home
  • Bathtub
  • Accessible Full Bathroom

About This Home

As of May 2017

Great value! Close to Madison bike trails, lake front walks are just minutes away! Great Unit facing the courtyard. Relax after work. This unit has an in unit laundry!! Stainless appliance package with great cabinets and flooring. Close to the Interstate and minutes from the Beltline. Great first floor location. Why pay rent? Great opportunity to own in this hot market.

Last Agent to Sell the Property

Pete Macho

RE/MAX Preferred License #57640-90 Listed on: 03/27/2017

RE/MAX Preferred

Last Buyer's Agent

Sue Janowitsch

Restaino & Associates License #53945-90

Restaino & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1955

Lot Details

  • 2.51

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 665 Sq Ft Home
  • Open Floorplan
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Elvehjem Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Radiant Heating System

Community Details

  • Association fees include parking, heat, hot water, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 8 Units
  • Located in the Lake Point Condominiums master-planned community
  • Property Manager

Listing and Financial Details

  • Assessor Parcel Number 0710-194-1109-1

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,214

Year Built

Built in 1955

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, Conversion
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath
  • Items Excluded: Sellers personal property. Washer Dryer.
  • Items Included: All window coverings included.
  • Fee Includes: Parking, Heat, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Lake Point Condominiums
  • Year Built: 1955
  • Above Grade Price Per Sq Ft: 112.63
  • Above Grade Sold Price Per Sq Ft: 112.78
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 665
  • Finished Above Grade Sq Ft: 665
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 12x10, On Level: M
  • Bedroom 2: Dimensions: 10x10, On Level: M
  • Kitchen: Dimensions: 11x10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 15x12, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 7 x 4
  • Basement: Full
  • Interior Amenities: At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 space assigned

Condo/Co-op/Association

  • Condo Fee Month: 175
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 50
  • Units in Association: 50
  • Units In Building: 8

Schools

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

Lot Info

  • Zoning: PUDSIP
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 8000
  • Improvements: 44100
  • Total Assessment: 52100
  • Assessment year: 2016
  • Net Taxes: 1214
  • Tax Year: 2016
  • Assessor Parcel Number: 0710-194-1109-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
May 19, 2017
Sold by
Maass James
Bought by
White Lauren Elizabeth
Seller's Agent
Pete Macho
RE/MAX Preferred
Buyer's Agent
Sue Janowitsch
Restaino & Associates
List Price
$74,900
Sold Price
$75,000
Premium/Discount to List
$100
0.13%
Current Estimated Value
$162,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,901
Avg. Annual Appreciation
8.66%
Original Mortgage
$70,300
Outstanding Balance
$49,136
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$100,137

Purchase Details

Closed on
Apr 8, 2011
Sold by
Polsky Michael S
Bought by
Maass James
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
White Lauren Elizabeth -- None Available
Maass James $52,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Lauren Elizabeth $70,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $75,000 +0.1% $113 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $74,900 -- $113 / 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 $4,376 $143,500 $11,000 $132,500
2023 $1,770 $119,600 $9,500 $110,100
2021 $1,557 $90,500 $9,500 $81,000
2020 $1,610 $83,800 $9,500 $74,300
2019 $1,487 $79,100 $9,000 $70,100
2018 $1,414 $74,600 $8,500 $66,100
2017 $1,253 $57,100 $8,500 $48,600
2016 $1,214 $53,900 $8,000 $45,900
2015 $1,183 $52,500 $6,000 $46,500
2014 $1,194 $52,500 $6,000 $46,500
2013 $1,195 $52,500 $6,000 $46,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1798351

South Central Wisconsin Multiple Listing Service

APN: 0710-194-1109-1