NOT LISTED FOR SALE

615 W Main St Unit 403 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $530,000 - $573,000

2 Beds
2 Baths
1,191 Sq Ft
$346/mo HOA Fee

Last Sold December 04, 2020

Last sale price $360,000 $302 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,398/month

Highlights

  • Deck
  • Wood Flooring
  • Elevator
  • Hamilton Middle School Rated A
  • Den
  • Skylights

About This Home

As of December 2020

SOLD COMP - FSBO

Last Agent to Sell the Property

. FSBO Comp

FSBO Comp Listed on: 09/25/2020

Last Buyer's Agent

Chris Atkinson

Restaino & Associates License #58083-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,740

Year Built

  • Built in 2004

Lot Details

  • 1.3

HOA Fees

  • $346 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,191 Sq Ft Home
  • Skylights
  • Gas Fireplace
  • Den
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Cooling System
  • High Speed Internet

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-234-1131-1

Community Details

Overview

  • Association fees include parking, hot water, water/sewer, trash removal, common area maintenance, common area insurance, reserve fund
  • 38 Units
  • Located in the 4th Ward Lofts master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,740

Year Built

Built in 2004

Lot Details

0

HOA Fees

$346 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Fee Includes: Parking, Hot Water, Water/Sewer, Trash removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: 4th Ward Lofts
  • Year Built: 2004
  • Above Grade Price Per Sq Ft: 302.27
  • Above Grade Sold Price Per Sq Ft: 302.27
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1191
  • Finished Above Grade Sq Ft: 1191
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 14x12, On Level: M
  • Bedroom 2: Dimensions: 9x10, On Level: M
  • Kitchen: Dimensions: 17x10, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 17x14, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 8x8, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 3x3
  • Basement: None
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Skylight(s), Washer, Dryer, At Least 1 tub, Internet - Cable
  • Floor Number: 4
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Natural gas, Electric
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Attached, Underground, 1 space assigned

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline, Elevator
  • Condo Fee Month: 346
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 75
  • Units in Association: 75
  • Units In Building: 38

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Zoning: PD
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 30500
  • Improvements: 303300
  • Total Assessment: 333800
  • Assessment year: 2020
  • Net Taxes: 6740
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-234-1131-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2013
Closed on
Jun 27, 2013
Sold by
Ludwig Richard W and Ludwig Barbara J
Bought by
Piatt William L and Stoddard Jessica L
Seller's Agent
TESSA Kenney
South Central Non-Member
Buyer's Agent
Debby Dines
Sprinkman Real Estate
List Price
$259,900
Sold Price
$259,900
Current Estimated Value
$543,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,682
Avg. Annual Appreciation
6.18%
Original Mortgage
$207,900
Outstanding Balance
$150,597
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$392,985

Purchase Details

Closed on
Jul 28, 2006
Sold by
Hopkins Jacqueline M and Hopkins Jon Benson
Bought by
Ludwig Richard W and Ludwig Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.82%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Piatt William L $259,900 None Available
Ludwig Richard W $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piatt William L $207,900
Previous Owner Ludwig Richard W $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $360,000 0.0% $302 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $360,000 +38.5% $302 / Sq Ft
06/27/2013 06/27/13 Sold $259,900 0.0% $218 / Sq Ft View Prior Sale
05/24/2013 05/24/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $259,900 -- $218 / 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 $14,045 $416,600 $31,400 $385,200
2023 $7,124 $412,500 $31,400 $381,100
2021 $6,964 $342,000 $31,400 $310,600
2020 $7,227 $333,800 $30,500 $303,300
2019 $6,740 $312,000 $30,500 $281,500
2018 $6,760 $312,000 $30,500 $281,500
2017 $6,709 $296,900 $27,700 $269,200
2016 $6,750 $284,900 $25,200 $259,700
2015 $6,193 $244,700 $16,800 $227,900
2014 $5,851 $244,700 $16,800 $227,900
2013 $5,561 $244,700 $16,800 $227,900
Source: Public Records

Agents Affiliated with this Home

  • .

    Seller's Agent in 2020

    . FSBO Comp

    FSBO Comp

  • C

    Buyer's Agent in 2020

    Chris Atkinson

    Restaino & Associates

    (608) 513-7653

    15 in this area

    24 Total Sales

    Chris Atkinson
    Section Image

  • T

    Seller's Agent in 2013

    TESSA Kenney

    South Central Non-Member

    Section Image

  • D

    Buyer's Agent in 2013

    Debby Dines

    Sprinkman Real Estate

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1899103

South Central Wisconsin Multiple Listing Service

APN: 0709-234-1131-1

Wisconsin Dane County Madison 53703 Downtown Madison

615 W Main St Unit 403, Madison, WI

This home is located at 615 W Main St Unit 403, Madison, WI 53703 since 25 September 2020 and is currently estimated at $543,582, approximately $456 per square foot. This property was built in 2004. 615 W Main St Unit 403 is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West 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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