NOT LISTED FOR SALE

5500 Alder Rd Madison, WI 53716

Glendale Neighborhood

Estimated Value: $377,674 - $466,000

3 Beds
2 Baths
1,932 Sq Ft
$216/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $192,450 $100 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,636/month

71 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of April 2016

Fabulous, spacious home situated on corner lot with fenced in back yard, patio area. 3 bdrms on main level with massive family/rec room on upper level with built in bar. Unfinished basement ready for you to finish off to your liking!

Last Agent to Sell the Property

Jeff Schraml

Century 21 Affiliated License #49690-94 Listed on: 11/16/2015

Century 21 Affiliated

Last Buyer's Agent

Chad Wiedmeyer

Stark Company, REALTORS License #58563-90

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Property is zoned SR-C1

Parking

  • Carport

Home Design

  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • 1,932 Sq Ft Home
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Monona Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,774

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: Multi-level
  • Architecture: Bi-level
  • Year Built: 1955
  • Above Grade Sold Price Per Sq Ft: 99.61
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Above Grade Finished Sq Ft: 1932
  • Finished Sq Ft: 1932
  • Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 14x11, On Level: M
  • Bedroom 2: Dimensions: 10x10, On Level: M
  • Bedroom 3: Dimensions: 10x10, On Level: M
  • Kitchen: Dimensions: 17x11, On Level: M
  • Living Room: Dimensions: 18x13, On Level: M
  • Family Room: Dimensions: 29x27, On Level: U
  • Laundry: On Level: L
  • Basement: Full
  • Fireplace: Wood
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.2
  • Lot Description: Corner
  • Zoning: SR-C1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3774
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Chatten Erin E
Bought by
Ritzer Steven A
Current Estimated Value
$417,919

Purchase Details

Closed on
Mar 10, 2017
Sold by
Ritzer Steven A and Madden Wade J
Bought by
Ritzer Steven A and Chatten Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2015
Closed on
Mar 16, 2016
Sold by
Jordan Gwendolyn L and Jordan Fisher Gwendolyn L
Bought by
Ritzer Steven A and Madden Wade
Seller's Agent
Jeff Schraml
Century 21 Affiliated
Buyer's Agent
Chad Wiedmeyer
Stark Company, REALTORS
List Price
$199,900
Sold Price
$192,450
Premium/Discount to List
-$7,450
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$153,960
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ritzer Steven A $94,500 None Available
Ritzer Steven A $94,500 None Available
Ritzer Steven A $192,450 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritzer Steven A $153,000
Previous Owner Ritzer Steven A $153,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2016 04/11/16 Sold $192,450 -3.7% $100 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $199,900 -- $103 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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
2023 $5,780 $339,000 $69,700 $269,300
2022 $11,901 $318,600 $65,500 $253,100
2021 $5,416 $270,000 $65,500 $204,500
2020 $5,293 $247,700 $60,100 $187,600
2019 $4,974 $233,700 $56,700 $177,000
2018 $4,653 $218,400 $53,000 $165,400
2017 $4,682 $210,000 $53,000 $157,000
2016 $4,301 $189,000 $49,100 $139,900
2015 $3,855 $164,400 $47,000 $117,400
2014 $3,774 $164,400 $47,000 $117,400
2013 $3,770 $164,400 $47,000 $117,400
Source: Public Records

Agents Affiliated with this Home

  • Jeff Schraml

    Seller's Agent in 2016

    Jeff Schraml

    Century 21 Affiliated

    (608) 873-1626

    2 in this area

    95 Total Sales

    Jeff Schraml
    Section Image
  • Chad Wiedmeyer

    Buyer's Agent in 2016

    Chad Wiedmeyer

    Stark Company, REALTORS

    (608) 234-7011

    33 Total Sales

    Chad Wiedmeyer
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1762009

South Central Wisconsin Multiple Listing Service

APN: 0710-212-1401-1

Wisconsin Dane County Madison 53716 Glendale

5500 Alder Rd, Madison, WI

Not Listed for Sale

Detached

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