NOT LISTED FOR SALE

5502 Tolman Terrace Madison, WI 53711

Orchard Ridge Neighborhood

Estimated Value: $458,000 - $501,000

4 Beds
2 Baths
2,618 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $350,000 $134 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,735/month

Highlights

  • Deck
  • Ranch Style House
  • Corner Lot
  • Vel Phillips Memorial High School Rated A
  • Wood Flooring
  • Den

About This Home

As of November 2021

Don't miss this unique offering on Madison's west side! On a large .41 acre lot with mature trees in a quiet, established neighborhood, this well-cared for home needs a new owner to come in and put their modernized touches on it! A unique floor plan has most of the public living space in the lower level, heading out to the amazing bi-level deck & patio that's awesome for entertaining! With a 2+ car attached garage, 4 bedrooms, 2 full bathrooms, wood-burning fireplace, and multiple living areas, not to mention in a great location and priced to sell, this one won't last long!!

Last Agent to Sell the Property

Alan Mikkelson

EXP Realty, LLC License #55642-90 Listed on: 09/24/2021

EXP Realty, LLC

Co-Listed By

Angi Ackard

EXP Realty, LLC License #88861-94

Last Buyer's Agent

Matt Kornstedt

Stark Company, REALTORS

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,539

Year Built

  • Built in 1956

Lot Details

  • 0.41 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a bus stop

Schools

  • Orchard Ridge Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Forced Air Cooling System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • Orchard Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,539

Year Built

Built in 1956

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, Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Seller's Personal Property
  • Items Included: Stove/Cooktop/Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Non-Rented Water Softener, Window Treatments. ITEMS LEFT @ CONVENIENCE OF SELLER & NO VALUE: kitchen counter stools (3), patio furniture, large ladder in garage, lawn mower, various lawn/home care items
  • Year Built: 1956
  • Above Grade Sold Price Per Sq Ft: 240.72
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1454
  • Finished Non Exp Sq Ft: 1164
  • Finished Sq Ft: 2618
  • Bedrooms: 4
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 16x11, On Level: M
  • Bedroom 2: Dimensions: 15x11, On Level: M
  • Bedroom 3: Dimensions: 13x13, On Level: M
  • Bedroom 4: Dimensions: 19x13, On Level: M
  • Kitchen: Dimensions: 17x13, On Level: L
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 29x14, On Level: M
  • Dining Area: Dimensions: 13x11, On Level: L
  • Family Room: Dimensions: 25x14, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 27x12, On Level: L
  • Basement: Full, Full Size Windows/Exposed, Walkout to yard, Finished, Sump pump, Poured concrete foundatn
  • Fireplace: Wood, 1 fireplace
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub, Internet - Cable
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Patio

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Attached, Opener, Electric car charger
  • 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: Orchard Ridge
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.41
  • Lot Description: Corner, Close to busline, Sidewalk
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6539
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Nov 22, 2021
Sold by
Bond Gordon L and Bond Diana K
Bought by
Macari Loyola
Seller's Agent
Alan Mikkelson
EXP Realty, LLC
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$483,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,742
Avg. Annual Appreciation
8.58%
Source: Public Records

Range of Values:

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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
Macari Loyola $350,000 Duren Chris
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $350,000 0.0% $134 / Sq Ft
10/15/2021 10/15/21 For Sale $349,900 0.0% $134 / Sq Ft
09/27/2021 09/27/21 Off Market $350,000 -- --
09/24/2021 09/24/21 For Sale $349,900 -- $134 / 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 $14,293 $423,600 $162,300 $261,300
2023 $6,753 $392,200 $150,300 $241,900
2021 $6,422 $316,800 $115,600 $201,200
2020 $6,539 $303,200 $110,600 $192,600
2019 $6,095 $283,400 $103,400 $180,000
2018 $5,589 $260,000 $94,900 $165,100
2017 $5,615 $250,000 $94,900 $155,100
2016 $4,977 $217,200 $86,300 $130,900
2015 $4,950 $204,700 $83,000 $121,700
2014 $4,750 $204,700 $83,000 $121,700
2013 $4,747 $198,700 $80,600 $118,100
Source: Public Records

Agents Affiliated with this Home

  • Alan Mikkelson

    Seller's Agent in 2021

    Alan Mikkelson

    EXP Realty, LLC

    (608) 347-3444

    1 in this area

    152 Total Sales

    Alan Mikkelson
    Section Image
  • Angi Ackard

    Seller Co-Listing Agent in 2021

    Angi Ackard

    EXP Realty, LLC

    (608) 334-5401

    1 in this area

    73 Total Sales

    Angi Ackard
    Section Image
  • Matt Kornstedt

    Buyer's Agent in 2021

    Matt Kornstedt

    Stark Company, REALTORS

    (608) 345-7943

    9 in this area

    1,843 Total Sales

    Matt Kornstedt
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1920671

South Central Wisconsin Multiple Listing Service

APN: 0709-313-0411-0

Wisconsin Dane County Madison 53711 Orchard Ridge

5502 Tolman Terrace, Madison, WI

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