NOT LISTED FOR SALE

5503 Prairie Place Dr McFarland, WI 53558

Estimated Value: $327,000 - $350,840

2 Beds
2.5 Baths
1,530 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $317,000 $207 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,611/month

24 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Den
  • McFarland High School Rated A-
  • Great Room
  • Bathtub

About This Home

As of May 2024

This nearly new 2 bedroom condominium in McFarland is move-in ready. You'll enjoy the open main floor layout that includes quartz counters, stainless steel appliances, two tone painted cabinets and a breakfast peninsula. The living room is large and boasts a built in area for your TV with fireplace, & low maintenance LVP flooring. Upstairs you'll find 2 nicely sized bedrooms, laundry closet, and two full bathrooms, one with tub and the other with a shower stall. A nice sized bonus space can be used for an office or secondary lounge area. Condo includes 2 heated underground parking stalls. This is one of the larger layouts in the building and has a private front entrance and direct access to parking garage below. Fast closing possible.

Last Agent to Sell the Property

Matthew Heitmann

Rock Realty License #59278-90 Listed on: 03/04/2024

Last Buyer's Agent

Denise Settle

Real Broker LLC License #97160-94

Real Broker LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,531

Year Built

  • Built in 2021

Lot Details

  • 2.25

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,530 Sq Ft Home
  • Open Floorplan
  • Electric Fireplace
  • Great Room
  • Den
  • Storage Room
  • Laundry on upper level
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Garage
  • Garage Door Opener

Schools

  • Waubesa Elementary School
  • Indian Mound Middle School
  • Mcfarland High School

Utilities

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

Additional Features

  • Patio
  • Private Entrance

Community Details

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 8 Units
  • Located in the Condos At Prairie Place master-planned community
  • Property Manager
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 0610-021-2904-1

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,531

Year Built

Built in 2021

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Municipality: McFarland
  • Status Detail: Sold
  • Mailing City: McFarland
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story
  • Barrier Free: Open floor plan
  • Items Excluded: Furniture (negotiable), Seller's personal property
  • Items Included: Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Window coverings
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Condos At Prairie Place
  • Year Built: 2021
  • Above Grade Price Per Sq Ft: 209.08
  • Above Grade Sold Price Per Sq Ft: 207.19
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Sq Ft: 1530
  • Finished Above Grade Sq Ft: 1530
  • Bedrooms: 2
  • Total Bathrooms: 2.5
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 12x11, On Level: U
  • Bedroom 2: Dimensions: 12x10, On Level: U
  • Kitchen: Dimensions: 14x13, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 18x17, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 14x6, On Level: U
  • In Unit Laundry Lvl: U
  • In Unit Laundry Room Dim: 7x3
  • Basement: Full, Sump pump, Poured concrete foundatn
  • Fireplace: Electric, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Great room, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub, Internet - DSL
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Vinyl, Stone
  • Exterior Features: Private Entry, Patio

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space
  • Condo Fee Month: 245
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 30
  • Units in Association: 30
  • Units In Building: 8

Schools

  • School District: McFarland
  • Elementary School: Waubesa
  • Middle School: Indian Mound
  • High School: McFarland
  • Elementary School: Waubesa
  • High School: McFarland
  • Middle School: Indian Mound
  • School District: McFarland

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 50000
  • Improvements: 233100
  • Total Assessment: 283100
  • Assessment year: 2023
  • Net Taxes: 4531
  • Tax Year: 2023
  • Assessor Parcel Number: 0610-021-2904-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
May 10, 2024
Sold by
Nelson Joseph J
Bought by
Settle Denise and Settle Samuel T
Seller's Agent
Matthew Heitmann
Rock Realty
Buyer's Agent
Denise Settle
Real Broker LLC
List Price
$335,000
Sold Price
$317,000
Premium/Discount to List
-$18,000
-5.37%
Views
168
Current Estimated Value
$337,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,460
Avg. Annual Appreciation
5.74%
Original Mortgage
$301,150
Outstanding Balance
$298,239
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$39,221
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 Buyer Sale Price Title Company
Settle Denise $317,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Settle Denise $301,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $317,000 -0.9% $207 / Sq Ft
03/28/2024 03/28/24 Price Changed $319,900 -1.6% $209 / Sq Ft
03/20/2024 03/20/24 Price Changed $325,000 -3.0% $212 / Sq Ft
03/04/2024 03/04/24 For Sale $335,000 +34.0% $219 / Sq Ft
06/08/2021 06/08/21 Sold $250,000 +2.1% $163 / Sq Ft
12/18/2020 12/18/20 For Sale $244,900 -- $160 / 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 $5,830 $369,300 $50,000 $319,300
2023 $4,531 $283,100 $50,000 $233,100
Source: Public Records

Agents Affiliated with this Home

  • Matthew Heitmann

    Seller's Agent in 2024

    Matthew Heitmann

    Rock Realty

    (608) 347-4196

    4 in this area

    101 Total Sales

    Matthew Heitmann
    Section Image
  • Denise Settle

    Buyer's Agent in 2024

    Denise Settle

    Real Broker LLC

    (608) 400-4148

    1 in this area

    2 Total Sales

    Section Image
  • Cory Frank

    Seller's Agent in 2021

    Cory Frank

    RE/MAX

    (608) 576-8155

    30 in this area

    215 Total Sales

    Cory Frank
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1972153

South Central Wisconsin Multiple Listing Service

APN: 0610-021-2904-1

Wisconsin Dane County McFarland 53558

5503 Prairie Place Dr, McFarland, WI

This home is located at 5503 Prairie Place Dr, McFarland, WI 53558 since 04 March 2024 and is currently estimated at $337,460, approximately $220 per square foot. This property was built in 2021. 5503 Prairie Place Dr is a home located in Dane County with nearby schools including 4K McFarland, McFarland Primary School, and Waubesa Intermediate 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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