NOT LISTED FOR SALE

5500 Groveland Terrace Madison, WI 53716

Glendale Neighborhood

Estimated Value: $380,000 - $411,000

3 Beds
2 Baths
1,576 Sq Ft
$251/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $190,000 $121 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,088/month

9 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Wet Bar
  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of October 2015

Charming and spacious Ranch house close to schools, libraries, parks, and Monona amenities. Huge living room w/ picture window. Hardwood floors throughout. Beautifully remodeled kitchen w/ generous dinette. Bright 3 season room. Large landscaped yard, shed, and inviting patio to relax and entertain. Spacious lower level family room w/ 2nd dining area and wet bar. Workshop and storage. New gutters ('15), water softener ('14), washer/dryer ('13), A/C ('11), and invisible fence. Welcome home!

Last Agent to Sell the Property

Julia Meyers

South Central Non-Member License #57274-90 Listed on: 09/06/2015

Last Buyer's Agent

Gene Van Buren

Restaino & Associates License #55400-90

Restaino & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,703

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Property has an invisible fence for dogs
  • Property is zoned SR-C1

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Wet Bar
  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Cooling System
  • Water Softener

Community Details

  • Monona Terrace Lot 77 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,703

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: 1 story
  • Architecture: Ranch
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Included: All window coverings
  • Year Built: 1955
  • Above Grade Price Per Sq Ft: 169.98
  • Above Grade Sold Price Per Sq Ft: 161.56
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1176
  • Finished Non Exp Sq Ft: 400
  • Finished Sq Ft: 1576
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 13x10, On Level: M
  • Bedroom 2: Dimensions: 13x9, On Level: M
  • Bedroom 3: Dimensions: 11x10, On Level: M
  • Kitchen: Dimensions: 9x9, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 22x12, On Level: M
  • Dining Room: Dimensions: 10x9, On Level: M
  • Other Rooms: Rec Room
  • Other Room 3: Rec Room, Dimensions: 21x13, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Partially finished
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, Wet bar
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood
  • Exterior Features: Patio, Storage building, Electronic pet containmnt

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Attached, Opener
  • Total Full Garage Stalls: 1

Utilities

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

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: 0710-212-1301-3
  • Estimated Aces: 0.25
  • Zoning: SR-C1
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 49500
  • Improvements: 115200
  • Total Assessment: 164700
  • Assessment year: 2015
  • Net Taxes: 3703
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2015
Closed on
Oct 30, 2015
Sold by
Carlson John and Carlson Brandi
Bought by
Markgraff Jason D and Duncan Jessica A
Seller's Agent
Julia Meyers
South Central Non-Member
Buyer's Agent
Gene Van Buren
Restaino & Associates
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Current Estimated Value
$387,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,534
Avg. Annual Appreciation
7.50%
Original Mortgage
$180,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2011
Closed on
Feb 29, 2012
Sold by
Fite Nicole and Loehr Kira E
Bought by
Carlson John and Shingledecker Brandi
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Tony Tucci
Realty Executives Cooper Spransy
List Price
$164,900
Sold Price
$161,500
Premium/Discount to List
-$3,400
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$149,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2006
Sold by
Norgord Evan J and Norgord Doris M
Bought by
Loehr Kira E and Fite Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Markgraff Jason D $190,000 Attorney
Carlson John $161,500 None Available
Loehr Kira E $173,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markgraff Jason $211,300
Closed Markgraff Jason D $180,500
Previous Owner Carlson John $149,500
Previous Owner Loehr Kira E $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $190,000 -5.0% $121 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
09/06/2015 09/06/15 For Sale $199,900 +23.8% $127 / Sq Ft
02/29/2012 02/29/12 Sold $161,500 -2.1% $102 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $164,900 -- $105 / 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 $11,595 $347,400 $80,800 $266,600
2023 $5,638 $331,200 $77,000 $254,200
2021 $5,283 $263,800 $72,400 $191,400
2020 $5,164 $242,000 $66,400 $175,600
2019 $5,174 $228,300 $62,600 $165,700
2018 $4,540 $213,400 $58,500 $154,900
2017 $4,570 $205,200 $58,500 $146,700
2016 $4,325 $190,000 $54,200 $135,800
2015 $3,783 $161,500 $48,500 $113,000
2014 $3,704 $161,500 $48,500 $113,000
2013 $3,754 $161,500 $48,500 $113,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Julia Meyers

    South Central Non-Member

  • Gene Van Buren

    Buyer's Agent in 2015

    Gene Van Buren

    Restaino & Associates

    (608) 213-0010

    48 Total Sales

    Section Image
  • Liz Lauer

    Seller's Agent in 2012

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    3 in this area

    546 Total Sales

    Section Image
  • Tony Tucci

    Buyer's Agent in 2012

    Tony Tucci

    Realty Executives

    (608) 219-9302

    9 in this area

    296 Total Sales

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1757256

South Central Wisconsin Multiple Listing Service

APN: 0710-212-1301-3

Wisconsin Dane County Madison 53716 Glendale

5500 Groveland Terrace, Madison, WI

This home is located at 5500 Groveland Terrace, Madison, WI 53716 since 06 September 2015 and is currently estimated at $394,932, approximately $250 per square foot. This property was built in 1955. 5500 Groveland Terrace is a home located in Dane County with nearby schools including Henderson Elementary School, Sennett Middle School, and La Follette High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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