NOT LISTED FOR SALE

6302 Mineral Point Rd Unit 108 Madison, WI 53705

Faircrest Neighborhood

Estimated Value: $183,000 - $222,000

2 Beds
2 Baths
1,110 Sq Ft
$453/mo HOA Fee

Last Sold October 21, 2022

Last sale price $135,000 $122 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,955/month

Highlights

  • Fitness Center
  • Clubhouse
  • Tennis Courts
  • Spring Harbor Middle School Rated A-
  • Community Pool
  • Bathtub

About This Home

As of October 2022

Affordable 2 bedroom 2 bathroom condominium For Sale in one of Madison west's most conveniently located condominium projects. Marbella Condominiums is undergoing numerous capital improvement projects to modernize this condo campus. With an onsite pool, underground parking stall, and tennis courts, Marbella provides a community atmosphere unlike other projects this close to the Isthmus. Located 5 minutes from Downtown Madison yet minutes from West Towne Mall. Condominium is dated, asking price is well under market value; don't miss your opportunity to purchase, rehab, personalize, and add value to this Madison gem!

Last Agent to Sell the Property

Matthew Lindholm

Bruner Realty & Management License #89947-94 Listed on: 09/06/2022

Last Buyer's Agent

Caleb Payne

Madcityhomes.Com License #93139-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,365

Year Built

  • Built in 1974

Lot Details

  • 6.49

HOA Fees

  • $453 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,110 Sq Ft Home
  • Storage Room
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Schools

  • Muir Elementary School
  • Jefferson Middle School
  • Memorial High School

Utilities

  • Forced Air Cooling System
  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 070824414092

Community Details

Overview

  • Association fees include parking, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund, lawn maintenance
  • 60 Units
  • Located in the Marbella master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,365

Year Built

Built in 1974

Lot Details

0

HOA Fees

$453 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, Conversion
  • Barrier Free: Ramped or level entrance, First floor bedroom, First floor full bath, Elevator
  • Items Excluded: Sellers personal property
  • Items Included: All appliances, window coverings
  • Fee Includes: Parking, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund, Lawn maintenance
  • Project Name: Marbella
  • Year Built: 1974
  • Above Grade Price Per Sq Ft: 130.63
  • Above Grade Sold Price Per Sq Ft: 121.62
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1110
  • Finished Above Grade Sq Ft: 1110
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 11X19, On Level: M
  • Bedroom 2: Dimensions: 11X12, On Level: M
  • Kitchen: Dimensions: 8X12, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 14X18, On Level: M
  • Dining Area: Dimensions: 8X9, On Level: M
  • Basement: None
  • Interior Amenities: Walk-in closet(s), Intercom, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio

Utilities

  • Fuel: Electric
  • Heating Cooling: Forced air, Radiant, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, 1 space assigned, Opener inc

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Tennis court, Common Green Space, Exercise room, Shared Laundry Facilities, Close to busline, Elevator, Outdoor Pool, Fire Sprinkler System
  • Condo Fee Month: 453
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 99
  • Units in Association: 99
  • Units In Building: 60

Schools

  • School District: Madison
  • Elementary School: Muir
  • Middle School: Jefferson
  • High School: Memorial
  • Elementary School: Muir
  • High School: Memorial
  • Middle School: Jefferson
  • School District: Madison

Lot Info

  • Zoning: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 17800
  • Improvements: 108000
  • Total Assessment: 125800
  • Assessment year: 2022
  • Net Taxes: 2365
  • Tax Year: 2021
  • Assessor Parcel Number: 070824414092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Sheridan Lucas J
Bought by
City Of Madison
Current Estimated Value
$202,584

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 21, 2022
Sold by
Christianson David O
Bought by
Haugen James
Seller's Agent
Matthew Lindholm
Bruner Realty & Management
Buyer's Agent
Caleb Payne
Madcityhomes.Com
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.75%
Original Mortgage
$95,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2011
Sold by
Johnson David T
Bought by
Christianson David O

Purchase Details

Closed on
Nov 16, 2005
Sold by
Pauls Troy L and Pauls Todd A
Bought by
Johnson David T

Purchase Details

Closed on
Jun 8, 2005
Sold by
Pauls Troy L and Pauls Todd A
Bought by
Pauls Troy L and Pauls Todd A
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
City Of Madison $557 None Listed On Document
Haugen James $135,000 --
Christianson David O $84,000 None Available
Johnson David T $127,500 None Available
Pauls Troy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haugen James $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $135,000 -6.9% $122 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $145,000 -- $131 / 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 $5,140 $149,900 $20,600 $129,300
2023 $2,379 $135,000 $20,600 $114,400
2021 $2,365 $113,300 $16,000 $97,300
2020 $2,209 $101,200 $14,300 $86,900
2019 $2,154 $98,300 $13,900 $84,400
2018 $2,064 $94,500 $13,200 $81,300
2017 $1,981 $88,300 $12,300 $76,000
2016 $1,862 $81,000 $11,300 $69,700
2015 $1,844 $79,400 $11,100 $68,300
2014 $1,846 $79,400 $11,100 $68,300
2013 $2,159 $75,600 $11,100 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1942830

South Central Wisconsin Multiple Listing Service

APN: 0708-244-1409-2