NOT LISTED FOR SALE

5460 Caddis Bend Unit 202 Fitchburg, WI 53711

Estimated Value: $336,000 - $345,000

2 Beds
2 Baths
1,600 Sq Ft
$340/mo HOA Fee

Last Sold October 31, 2019

Last sale price $242,000 $151 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,597/month

25 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • Vel Phillips Memorial High School Rated A
  • Deck
  • <<bathWSpaHydroMassageTubToken>>

About This Home

As of October 2019

Step right into easy living in an awesome location. This open unit welcomes you with hardwood floors, open kitchen/dining/living room w/ gas fireplace and custom entertainment cabinet with wine fridge. Spacious private balcony with ultra tall sliding glass doors, all new stainless steel appliances, as well as in-unit new washer and dryer. French glass doors lead to helpful office space. Two bedrooms including a large master with vaulted ceilings, walk-in closet, and master bath with separate jacuzzi tub and walk-in shower. Enjoy 2 assigned, underground parking spots, storage unit, as well as outdoor pool and clubhouse.

Last Agent to Sell the Property

Greta Drammeh

Accord Realty License #81238-94 Listed on: 08/10/2019

Last Buyer's Agent

Scott Ellingboe

RE/MAX Preferred License #52602-90

RE/MAX Preferred

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,586

Year Built

  • Built in 2003

Lot Details

  • 2,744

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • Gas Fireplace
  • Den
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • <<bathWSpaHydroMassageTubToken>>
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Stair Lift
  • Level Entry For Accessibility
  • Low Pile Carpeting
  • Ramped or Level from Garage

Schools

  • Chavez Elementary School
  • Toki Middle School
  • West High School

Utilities

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

Additional Features

  • Deck
  • Private Entrance
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0609-033-3211-2

Community Details

Overview

  • Association fees include parking, trash removal, snow removal, common area maintenance, common area insurance, recreation facility, lawn maintenance
  • 10 Units
  • Located in the Hatchery Hill master-planned community
  • Built by Schutz
  • Property Manager

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Hiking Trails

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,586

Year Built

Built in 2003

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Municipality: Fitchburg
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Ramped or level entrance, Ramped or lvl from garage, First floor bedroom, First floor full bath, Stall shower, Low pile or no carpeting, Stair Lift
  • Homebuilder: Schutz
  • Items Excluded: Sellers personal property
  • Items Included: Range/Oven. Refrigerator, Wine refrigerator, Microwave, Dishwasher, Disposal, Washer/Dryer, Window Coverings
  • Fee Includes: Parking, Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Lawn maintenance
  • Project Name: Hatchery Hill
  • Year Built: 2003
  • Above Grade Price Per Sq Ft: 153.06
  • Above Grade Sold Price Per Sq Ft: 151.25
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1600
  • Finished Above Grade Sq Ft: 1600
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 15x14, On Level: M
  • Bedroom 2: Dimensions: 11x12, On Level: M
  • Kitchen: Dimensions: 13x10, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 16x18, On Level: M
  • Dining Room: Dimensions: 11x16, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 10x9, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None, Poured concrete foundatn
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Water softener included, Security system for Unit, Intercom, Jetted bathtub, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Vinyl, Brick, Stone
  • Exterior Features: Private Entry, Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, 2+ spaces assigned, Opener inc

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Exercise room, Security system, Close to busline, Elevator, Outdoor Pool, Walking trail(s)
  • Condo Fee Month: 340
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 60
  • Units in Association: 60
  • Units In Building: 10

Schools

  • School District: Madison
  • Elementary School: Chavez
  • Middle School: Toki
  • High School: West
  • Elementary School: Chavez
  • High School: West
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Zoning: PUD
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 44500
  • Improvements: 188200
  • Total Assessment: 232700
  • Assessment year: 2019
  • Net Taxes: 4586
  • Tax Year: 2018
  • Assessor Parcel Number: 0609-033-3211-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2019
Closed on
Oct 31, 2019
Sold by
Ward Derrus D and Vestlie Sarah
Bought by
Karabin Elizabeth O
Seller's Agent
Greta Drammeh
Accord Realty
Buyer's Agent
Scott Ellingboe
RE/MAX Preferred
List Price
$249,900
Sold Price
$242,000
Premium/Discount to List
-$7,900
-3.16%
Current Estimated Value
$339,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,372
Avg. Annual Appreciation
5.81%
Original Mortgage
$180,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2006
Sold by
Braun David J
Bought by
Ward Derrus D
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
Karabin Elizabeth O $242,000 None Available
Ward Derrus D $208,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karabin Elizabeth O $180,000
Closed Karabin Elizabeth O $180,750
Previous Owner Ward Derrus D $227,500
Previous Owner Ward Derrus D $22,000
Previous Owner Ward Derrus D $176,000
Previous Owner Ward Derrus D $153,300
Previous Owner Ward Derrus D $18,609
Previous Owner Braun David J $155,500
Previous Owner Braun David J $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $242,000 -1.2% $151 / Sq Ft
09/10/2019 09/10/19 Price Changed $244,900 -2.0% $153 / Sq Ft
08/18/2019 08/18/19 For Sale $249,900 +3.3% $156 / Sq Ft
08/10/2019 08/10/19 Off Market $242,000 -- --
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 $4,578 $287,500 $46,700 $240,800
2023 $4,573 $252,200 $46,700 $205,500
2021 $5,210 $240,900 $44,500 $196,400
2020 $4,981 $240,900 $44,500 $196,400
2019 $4,977 $232,700 $44,500 $188,200
2018 $4,587 $216,500 $40,000 $176,500
2017 $4,329 $196,900 $40,000 $156,900
2016 $4,068 $178,300 $35,000 $143,300
2015 $4,027 $178,300 $35,000 $143,300
2014 $3,624 $163,600 $35,000 $128,600
2013 $3,440 $155,000 $35,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1865609

South Central Wisconsin Multiple Listing Service

APN: 0609-033-3211-2