$293,000
SOLD JUL 15, 2020

5421 Penny Ln Madison, WI 53718

4 Beds
3 Baths
2,336 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

7% Above List Price

3 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Forced Air Cooling System
  • Deck
  • 2 Car Attached Garage
  • Accessible Bedroom

About This Home

As of July 2020

A fantastic find on the east side of Madison. This move-in-ready ranch home offers an airy and cozy feel. Open layout between the kitchen, dining area, and living room makes it a great entertaining or family space. The kitchen has a beautiful quartz island and double pantry! Step out to the back deck and enjoy your retreat underneath the pergola. The lower level has just been immaculately finished with great light exposure! It offers a 4th bedroom, a full bathroom, an office area, and an extra family room. This bright and functional lower level also has many storage rooms. Great location near US-51 and Beltline Highway, along with McFarland public library and restaurants. Radon mitigation system has been recently installed in 2020.

Last Agent to Sell the Property

Anastasia Gunawan

Realty Executives Cooper Spransy License #82497-94 Listed on: 05/27/2020

Realty Executives Cooper Spransy

Co-Listed By

Jack Cheng

Real Broker LLC License #58233-90

Last Buyer's Agent

Matt Vigil

Stark Company, REALTORS License #58648-90

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,094

Year Built

  • Built in 2004

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • Open Floorplan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Forced Air Cooling System
  • Water Softener

Additional Features

  • Deck
  • 5,227 Sq Ft Lot

Community Details

  • Lost Creek Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,094

Year Built

Built in 2004

Lot Details

0

HOA Fees

$6 per month

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 Excluded: Seller's personal items, white curtain on dining area sliding door.
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Folding workbench in the garage
  • Year Built: 2004
  • Above Grade Price Per Sq Ft: 195.17
  • Above Grade Sold Price Per Sq Ft: 207.95
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1409
  • Finished Non Exp Sq Ft: 927
  • Finished Sq Ft: 2336
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Master Bedroom: Dimensions: 13X13, On Level: M
  • Bedroom 2: Dimensions: 10X10, On Level: M
  • Bedroom 3: Dimensions: 11X9, On Level: M
  • Bedroom 4: Dimensions: 16x10, On Level: L
  • Kitchen: Dimensions: 19X11, On Level: M
  • Kitchen Features: Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 17X14, On Level: M
  • Dining Area: Dimensions: 12x10, On Level: M
  • Family Room: Dimensions: 12x12, On Level: L
  • Other Room 1: Other, Dimensions: 10x9, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Full Size Windows/Exposed, Finished, Radon Mitigation System
  • Interior Amenities: Washer, Dryer, Water softener inc
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Annual HOA Fees: 75

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

  • Assessor Parcel Number: 0710-274-0705-8
  • Estimated Aces: 0.12
  • Lot Description: Sidewalk
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 51000
  • Improvements: 188000
  • Total Assessment: 239000
  • Assessment year: 2019
  • Net Taxes: 5094
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 15, 2020
Sold by
Yang Shileng P and Yang Jennifer M
Bought by
Sanderson Gregg and Demenech-Sanderson Marina
Seller's Agent
Anastasia Gunawan
Realty Executives Cooper Spransy
Buyer's Agent
Matt Vigil
Stark Company, REALTORS
List Price
$275,000
Sold Price
$293,000
Premium/Discount to List
$18,000
6.55%
Current Estimated Value
$443,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,507
Avg. Annual Appreciation
8.48%
Original Mortgage
$278,350
Outstanding Balance
$249,556
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$195,746

Purchase Details

Listed on
Aug 21, 2015
Closed on
Oct 6, 2015
Sold by
U S Bank Trust Na
Bought by
Yang Shileng P and Yang Jennifer M
Seller's Agent
Rick Amdahl
Century 21 Affiliated
Buyer's Agent
Adam Bruckner
Bunbury & Assoc, REALTORS
List Price
$209,900
Sold Price
$193,000
Premium/Discount to List
-$16,900
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$182,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2015
Sold by
Logan Paul M and Logan Beverly F
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $293,000 None Available
Special Warranty Deed $193,000 Attorney
Sheriffs Deed $177,265 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $278,350 Construction
Previous Owner $182,000 New Conventional
Previous Owner $204,201 Unknown
Previous Owner $26,248 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $293,000 +6.5% $125 / Sq Ft
06/12/2020 06/12/20 For Sale $275,000 -6.1% $118 / Sq Ft
05/27/2020 05/27/20 Off Market $293,000 -- --
11/06/2015 11/06/15 Sold $193,000 -8.1% $137 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $209,900 -- $149 / 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 $12,300 $367,300 $66,600 $300,700
2023 $6,071 $354,900 $64,300 $290,600
2021 $5,910 $293,000 $56,800 $236,200
2020 $5,803 $270,400 $53,600 $216,800
2019 $5,093 $239,000 $51,000 $188,000
2018 $5,117 $239,000 $51,000 $188,000
2017 $4,946 $221,300 $51,000 $170,300
2016 $4,727 $206,800 $47,700 $159,100
2015 $4,432 $185,900 $60,300 $125,600
2014 $4,295 $185,900 $60,300 $125,600
2013 $5,052 $180,500 $60,300 $120,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1884199

South Central Wisconsin Multiple Listing Service

APN: 0710-274-0705-8