NOT LISTED FOR SALE

Estimated Value: $158,000 - $207,000

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

Last Sold August 07, 2015

Last sale price $54,900 $83 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $1,503/month

78 Days on Market

Highlights

  • Open Floorplan
  • Storage Room
  • Greenbelt
  • Bathtub
  • Property is near a bus stop
  • Garden Home

About This Home

As of August 2015

2 bedroom condo with open floor plan. Remodeled interiors has updated kitchen, lots of cabinet and counter space with all stainless steel appliances. Garage and storage space both included! Close proximity to bus line, bike path and beltline. Condo fees include heat, garbage, water, snow removal, parking, common area and landscaping. Large dogs ok! Why rent when you can own at such an affordable price?

Last Agent to Sell the Property

Mindy Allen

South Central Non-Member License #55223-90 Listed on: 06/17/2014

Last Buyer's Agent

Lynette Porior-Arcel

First Weber Inc License #56047-90

First Weber Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1973

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
  • Storage Room
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Parking

  • Garage
  • Garage Door Opener

Schools

  • Henderson Elementary School
  • Sennett Middle School
  • Lafollette High School

Additional Features

  • Property is near a bus stop
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0710-194-1149-7

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,063

Year Built

Built in 1973

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
  • Barrier Free: Open floor plan
  • Items Included: Window/Wall AC,Some Window Coverings
  • Fee Includes: Parking, Heat, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Lake Point Condominiums
  • Year Built: 1973
  • Above Grade Price Per Sq Ft: 82.56
  • Above Grade Sold Price Per Sq Ft: 82.56
  • 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: 11x11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 16x13, On Level: M
  • In Unit Laundry Lvl: L
  • Interior Amenities: Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone

Utilities

  • Fuel: Electric
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 car Garage, Opener inc

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 175
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 24
  • Units in Association: 24
  • Units In Building: 24

Schools

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

Lot Info

  • Zoning: PUD
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 6000
  • Improvements: 45000
  • Total Assessment: 51000
  • Assessment year: 2014
  • Net Taxes: 1063
  • Tax Year: 2013
  • Assessor Parcel Number: 0710-194-1149-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2017
Sold by
Martinez Maria I Ramirez
Bought by
Cadena Moreno Telmo A
Current Estimated Value
$178,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$33,993
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$113,630

Purchase Details

Listed on
Jun 17, 2014
Closed on
Aug 7, 2015
Sold by
Brauer Erich L
Bought by
Moreno Telmo A Cadena and Martinez Maria I Ramirez
Seller's Agent
Mindy Allen
South Central Non-Member
Buyer's Agent
Lynette Porior-Arcel
First Weber Inc
List Price
$57,999
Sold Price
$54,900
Premium/Discount to List
-$3,099
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$43,900
Interest Rate
3.93%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 12, 2006
Sold by
Lake Point Madison Llc
Bought by
Brauer Erich L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.7%
Mortgage Type
Unknown
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
Cadena Moreno Telmo A $27,500 --
Moreno Telmo A Cadena $54,900 Attorney
Brauer Erich L $90,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Telmo A Cadena $40,000
Closed Cadena Moreno Telmo A $28,702
Previous Owner Moreno Telmo A Cadena $43,900
Previous Owner Brauer Erich L $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $54,900 -5.3% $83 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $57,999 -- $87 / 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 $4,275 $140,400 $11,000 $129,400
2023 $1,727 $117,000 $9,500 $107,500
2021 $1,516 $88,600 $9,500 $79,100
2020 $1,570 $82,000 $9,500 $72,500
2019 $1,448 $77,400 $9,000 $68,400
2018 $1,378 $73,000 $8,500 $64,500
2017 $1,141 $58,200 $8,500 $49,700
2016 $1,086 $54,900 $8,000 $46,900
2015 $1,056 $51,000 $6,000 $45,000
2014 $1,027 $51,000 $6,000 $45,000
2013 $999 $51,000 $6,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1719279

South Central Wisconsin Multiple Listing Service

APN: 0710-194-1149-7