NOT LISTED FOR SALE

607 Post Rd Madison, WI 53713

Estimated Value: $224,000 - $255,816

-- Bed
-- Bath
1,197 Sq Ft
$63/mo HOA Fee

Last Sold October 30, 2019

Last sale price $137,500 $115 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,815/month

74 Days on Market

Highlights

  • Forced Air Cooling System
  • West High School Rated A
  • Private Entrance

About This Home

As of October 2019

COMMERCIAL CONDO: Just a few miles from Downtown Madison - set up to Support Food Cart Vendors - up to 6 Tenant Capacity

Last Agent to Sell the Property

Laurie Logan

Keller Williams Realty License #46580-90 Listed on: 07/26/2019

Keller Williams Realty

Last Buyer's Agent

David Haug

Lighthouse Commercial Real Estate, LLC License #57355-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 2009

Lot Details

  • 2.84

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • 1,197 Sq Ft Home
  • Ranch Property
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Vinyl Siding

Schools

  • Thoreau Elementary School
  • Cherokee Heights Middle School
  • West High School

Additional Features

  • Private Entrance
  • Forced Air Cooling System

Community Details

  • Association fees include snow removal, common area maintenance, common area insurance, reserve fund
  • 2 Units
  • Located in the Post Road Condo master-planned community
  • Property Manager

Listing and Financial Details

  • Assessor Parcel Number 0609-021-0304-7

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,590

Year Built

Built in 2009

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story, Shared Wall/Half Duplex
  • Items Excluded: Business Equipment and Personal Property to be Conveyed on Separate Bill of Sale
  • Items Included: Kitchen Ventilation System
  • Fee Includes: Snow Removal, Common Area Maintenance, Common Area Insurance, Reserve Fund
  • Project Name: Post Road Condo
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1197
  • Finished Above Grade Sq Ft: 1197
  • Master Bedroom: On Level: N
  • Kitchen: Dimensions: 25x50, On Level: M
  • Living Room: On Level: N
  • Floor Number: 1

Exterior Features

  • Exterior: Vinyl, Brick
  • Exterior Features: Private Entry

Utilities

  • Fuel: Natural Gas
  • Heating Cooling: Forced Air
  • Water Waste: Municipal Water, Municipal Sewer
  • Parking Unit: Outside Only

Condo/Co-op/Association

  • Condo Fee Month: 63
  • Condo Management: Professional Offsite
  • Units in Association: 29
  • Units In Building: 2

Schools

  • Elementary School: Thoreau
  • High School: West
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Zoning: Ind
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 2590
  • Tax Year: 2018
  • Assessor Parcel Number: 0609-021-0304-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Oct 29, 2019
Sold by
Capital Kitchen Rentals Llc
Bought by
Ll Ratze Properties Llc
Seller's Agent
Laurie Logan
Keller Williams Realty
Buyer's Agent
David Haug
Lighthouse Commercial Real Estate, LLC
List Price
$145,000
Sold Price
$137,500
Premium/Discount to List
-$7,500
-5.17%
Current Estimated Value
$243,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,105
Avg. Annual Appreciation
10.00%
Original Mortgage
$102,000
Outstanding Balance
$89,912
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$153,693

Purchase Details

Closed on
May 5, 2014
Sold by
Tms Investments Llc
Bought by
Capital Kitchen Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,223
Interest Rate
4.41%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 29, 2011
Sold by
Tl Associates Llc
Bought by
Tms Investments Llc

Purchase Details

Closed on
Oct 1, 2008
Sold by
Storageshopusa Post Road Llc
Bought by
Tl Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,299
Interest Rate
5.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Ll Ratze Properties Llc $137,500 None Available
Capital Kitchen Rentals Llc $108,150 None Available
Tms Investments Llc $315,200 None Available
Tl Associates Llc $408,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ll Ratze Properties Llc $102,000
Previous Owner Capital Kitchen Rentals Llc $110,223
Previous Owner Tl Associates Llc $414,299
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $137,500 -5.2% $115 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $145,000 -- $121 / 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 $5,728 $166,500 $20,000 $146,500
2023 $2,635 $149,000 $20,000 $129,000
2021 $2,602 $125,000 $20,000 $105,000
2020 $2,729 $125,000 $20,000 $105,000
2019 $2,741 $125,000 $20,000 $105,000
2018 $2,590 $114,000 $20,000 $94,000
2017 $2,347 $104,000 $20,000 $84,000
2016 $2,293 $99,000 $18,000 $81,000
2015 $2,246 $96,000 $18,000 $78,000
2014 $2,248 $96,000 $18,000 $78,000
2013 $1,122 $93,000 $18,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1864338

South Central Wisconsin Multiple Listing Service

APN: 0609-021-0304-7