PENDING
$31K PRICE DROP
56 Craig Ave Madison, WI 53705
Spring Harbor NeighborhoodEstimated payment $1,668/month
Total Views
315,024
2
Beds
1
Bath
768
Sq Ft
$298
Price per Sq Ft
Highlights
- Bathtub
- Walk-In Closet
- Resident Manager or Management On Site
- Spring Harbor Middle School Rated A-
- Forced Air Heating and Cooling System
- Property is near bus stop
About This Home
New Price! Affordable, well-located, free-standing condo minutes from downtown Madison, U.W. hospital/campus. This cozy home combines the independence of a single family home with the convenience of a condo. Tiled kitchen and bathroom recently updated, including a heated bathroom floor! Rich mahogany LPV flooring through-out. Affordable condo fees include lawn mowing and snow removal, landscaping, and trash/recycle removal. Shaded in front by a beautiful mature tree, energy costs for cooling (central A/C) and heating are low. Relax on a private deck overlooking the back yard and greenspace. Garage/storage rental available. Abundant parks, restaurants, shopping, and Lake Mendota nearby. UHP basic Home Warranty provided, AND seller to pay first year of condo fees for the buyer!
Listing Agent
Restaino & Associates Brokerage Phone: 608-212-1188 License #58153-94 Listed on: 08/31/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,101
Year Built
- Built in 1951
HOA Fees
- $130 Monthly HOA Fees
Parking
- Outside Parking
Home Design
- 768 Sq Ft Home
- Ranch Property
- Entry on the 1st floor
- Poured Concrete
- Vinyl Siding
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 1 Full Bathroom
- Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Crestwood Elementary School
- Jefferson Middle School
- Memorial High School
Utilities
- Forced Air Heating and Cooling System
- Radiant Heating System
- High Speed Internet
- Internet Available
Additional Features
- Private Entrance
- Property is near bus stop
Listing and Financial Details
- Assessor Parcel Number 0709-184-1556-8
Community Details
Overview
- Association fees include trash removal, snow removal, common area maintenance, common area insurance, lawn maintenance
- Located in the The Trillium master-planned community
- Greenbelt
Security
- Resident Manager or Management On Site
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,339 | $212,000 | $11,600 | $200,400 |
| 2023 | $3,118 | $175,400 | $11,600 | $163,800 |
| 2021 | $2,817 | $135,000 | $11,600 | $123,400 |
| 2020 | $2,970 | $135,700 | $10,500 | $125,200 |
| 2019 | $2,821 | $123,400 | $10,500 | $112,900 |
| 2018 | $2,472 | $113,200 | $10,000 | $103,200 |
| 2017 | $2,322 | $102,900 | $9,100 | $93,800 |
| 2016 | $2,270 | $98,000 | $8,700 | $89,300 |
| 2015 | $2,164 | $85,700 | $7,500 | $78,200 |
| 2014 | $1,999 | $85,700 | $7,500 | $78,200 |
| 2013 | $2,272 | $84,000 | $7,500 | $76,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | Pending | -- | -- | -- | |
| 10/29/2025 10/29/25 | Price Changed | $229,000 | -4.2% | $298 / Sq Ft | |
| 09/30/2025 09/30/25 | Price Changed | $239,000 | -5.9% | $311 / Sq Ft | |
| 09/18/2025 09/18/25 | Price Changed | $254,000 | -2.3% | $331 / Sq Ft | |
| 08/31/2025 08/31/25 | For Sale | $259,900 | +22.6% | $338 / Sq Ft | |
| 06/30/2023 06/30/23 | Sold | $212,000 | -1.4% | $276 / Sq Ft | View Prior Sale |
| 04/29/2023 04/29/23 | Pending | -- | -- | -- | |
| 04/14/2023 04/14/23 | For Sale | $215,000 | +1.4% | $280 / Sq Ft | |
| 04/14/2023 04/14/23 | Off Market | $212,000 | -- | -- | |
| 04/13/2023 04/13/23 | For Sale | $215,000 | +59.3% | $280 / Sq Ft | |
| 03/13/2020 03/13/20 | Sold | $135,000 | +8.0% | $176 / Sq Ft | View Prior Sale |
| 01/09/2020 01/09/20 | For Sale | $125,000 | -7.4% | $163 / Sq Ft | |
| 01/03/2020 01/03/20 | Off Market | $135,000 | -- | -- | |
| 05/28/2015 05/28/15 | Sold | $98,000 | -1.0% | $128 / Sq Ft | View Prior Sale |
| 04/07/2015 04/07/15 | Pending | -- | -- | -- | |
| 11/17/2014 11/17/14 | For Sale | $99,000 | -- | $129 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $212,000 | None Listed On Document | |
| Condominium Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Condominium Deed | $117,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $190,500 | New Conventional | |
| Previous Owner | $113,900 | New Conventional | |
| Previous Owner | $82,900 | Unknown |
Source: Public Records
About the Listing Agent
Ellen Werdan has been a Madison-area realtor for the last 20 years and loves the myriad challenges that buying and selling real estate presents. Helping clients find what they need, with a fine detail orientation and thoroughness, is her hallmark. Ellen's early years as a broadcast journalist serve her well in processing information quickly and using technology efficiently to help meet the needs of clients. She is also a Certified Residential Specialist.
Sitting on a Wisconsin Supreme
Ellen's Other Listings
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2007726
APN: 0709-184-1556-8
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