NOT LISTED FOR SALE

725 N Thompson Dr Madison, WI 53704

Ridgewood Neighborhood

Estimated Value: $234,000 - $247,000

2 Beds
1.5 Baths
1,234 Sq Ft
$195/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $215,000 $174 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,998/month

3 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Water Softener
  • Forced Air Cooling System
  • Property is near a bus stop
  • 2-minute walk to Sycamore Park

About This Home

As of April 2023

Why rent when you could own? This end unit townhouse condo has everything you're looking for plus all the updates! New water heater, new water softener, new washer, new dryer, new stove, new dishwasher, new garage door, new thermostat & updated lighting. Furnace & AC both replaced in 2020 - there's nothing left to do but move in. Quality laminate hardwood floors throughout, spacious living room, eat-in kitchen w/ walk-out patio – perfect for grilling, gardening and outdoor fun. Upper level feats owners suite w/ huge walk-in closet, 2nd bedroom & full bath. 1-car attached garage & a low $150 monthly condo fee make this an unbeatable value.

Last Agent to Sell the Property

Joshua Pelletter

Rockwood Realty Group License #55759-90 Listed on: 03/23/2023

Last Buyer's Agent

Matt Kornstedt

Stark Company, REALTORS

Stark Company, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,158

Year Built

  • Built in 1992

Lot Details

  • 0.46

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • 1,234 Sq Ft Home
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Hawthorne Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Cooling System
  • Water Softener
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Patio
  • Private Entrance
  • Property is near a bus stop

Community Details

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 6 Units
  • Located in the Prentice Prairie master-planned community
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 0810-343-2006-0

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,158

Year Built

Built in 1992

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story
  • Barrier Free: Level lot, Low pile or no carpeting
  • Items Excluded: Seller's personal property
  • Items Included: oven/range, refrigerator, microwave, dishwasher, washer, dryer, smart doorbell
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Prentice Prairie
  • Year Built: 1992
  • Above Grade Price Per Sq Ft: 166.05
  • Above Grade Sold Price Per Sq Ft: 174.23
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Sq Ft: 1234
  • Finished Above Grade Sq Ft: 1234
  • Bedrooms: 2
  • Total Bathrooms: 1.5
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 12x12, On Level: U
  • Bedroom 2: Dimensions: 12x12, On Level: U
  • Kitchen: Dimensions: 16x13, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 16x13, On Level: M
  • In Unit Laundry Lvl: U
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Water softener included, Cable/Satellite Available
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel
  • Exterior Features: Private Entry, Patio

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 car Garage, Attached

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline
  • Condo Fee Month: 150
  • Condo Management: Unit Owners
  • Proposed Units In Assoc: 6
  • Units in Association: 6
  • Units In Building: 6

Schools

  • School District: Madison
  • Elementary School: Hawthorne
  • Middle School: Sherman
  • High School: East
  • Elementary School: Hawthorne
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Zoning: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 30300
  • Improvements: 152000
  • Total Assessment: 182300
  • Assessment year: 2022
  • Net Taxes: 3158
  • Tax Year: 2021
  • Assessor Parcel Number: 0810-343-2006-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 20, 2023
Sold by
Hyland Ryan and Hyland Rebecca
Bought by
Vandermeer Andrew and Johnson Rebecca
Seller's Agent
Joshua Pelletter
Rockwood Realty Group
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$204,900
Sold Price
$215,000
Premium/Discount to List
$10,100
4.93%
Views
70
Current Estimated Value
$240,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,734
Avg. Annual Appreciation
4.63%
Original Mortgage
$172,000
Outstanding Balance
$167,220
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$73,514

Purchase Details

Listed on
Sep 25, 2020
Closed on
Oct 23, 2020
Sold by
Ward Adam J
Bought by
Hyland Ryan
Seller's Agent
Kelly Voigt
Stark Company, REALTORS
Buyer's Agent
Jeff Hoeye
Artisan Graham Real Estate
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$132,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2013
Closed on
Jan 23, 2015
Sold by
Sullivan Jennifer M and Hayes Jennifer M
Bought by
Ward Adam J
Seller's Agent
Kelly Voigt
Stark Company, REALTORS
Buyer's Agent
Kelly Voigt
Stark Company, REALTORS
List Price
$104,900
Sold Price
$97,500
Premium/Discount to List
-$7,400
-7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$89,600
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2011
Sold by
Munz Jennifer M and Hayes Jennifer M
Bought by
Hayes Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Randall Ryan Llc
Bought by
Munz Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
5.69%
Mortgage Type
New Conventional
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
Vandermeer Andrew $215,000 None Listed On Document
Hyland Ryan $165,000 None Available
Ward Adam J $97,500 None Available
Hayes Jennifer M -- None Available
Munz Jennifer M $122,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandermeer Andrew $172,000
Previous Owner Hyland Ryan $132,000
Previous Owner Ward Adam J $89,600
Previous Owner Hayes Jennifer M $66,000
Previous Owner Munz Jennifer M $71,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2023 04/25/23 Sold $215,000 +4.9% $174 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $204,900 +24.2% $166 / Sq Ft
10/30/2020 10/30/20 Sold $165,000 +3.2% $134 / Sq Ft View Prior Sale
09/25/2020 09/25/20 For Sale $159,900 +64.0% $130 / Sq Ft
01/23/2015 01/23/15 Sold $97,500 -7.1% $79 / Sq Ft View Prior Sale
12/03/2014 12/03/14 Pending -- -- --
07/22/2013 07/22/13 For Sale $104,900 -- $85 / 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 $6,907 $215,000 $32,400 $182,600
2023 $2,834 $177,800 $30,000 $147,800
2021 $3,159 $165,000 $30,300 $134,700
2020 $2,354 $116,900 $27,500 $89,400
2019 $2,100 $106,300 $25,000 $81,300
2018 $2,128 $106,300 $25,000 $81,300
2017 $2,263 $106,300 $25,000 $81,300
2016 $2,107 $97,500 $25,000 $72,500
2015 $2,168 $98,000 $25,000 $73,000
2014 $2,165 $98,000 $25,000 $73,000
2013 $2,526 $93,800 $25,000 $68,800
Source: Public Records

Agents Affiliated with this Home

  • Joshua Pelletter

    Seller's Agent in 2023

    Joshua Pelletter

    Rockwood Realty Group

    (608) 239-3820

    1 in this area

    110 Total Sales

    Joshua Pelletter
    Section Image
  • Matt Kornstedt

    Buyer's Agent in 2023

    Matt Kornstedt

    Stark Company, REALTORS

    (608) 345-7943

    12 in this area

    1,850 Total Sales

    Matt Kornstedt
    Section Image

  • K

    Seller's Agent in 2020

    Kelly Voigt

    Stark Company, REALTORS

    Section Image
  • Jeff Hoeye

    Buyer's Agent in 2020

    Jeff Hoeye

    Artisan Graham Real Estate

    (920) 728-1111

    1 in this area

    14 Total Sales

    Jeff Hoeye
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1952213

South Central Wisconsin Multiple Listing Service

APN: 0810-343-2006-0

Wisconsin Dane County Madison 53704 Ridgewood

725 N Thompson Dr, Madison, WI

This home is located at 725 N Thompson Dr, Madison, WI 53704 since 23 March 2023 and is currently estimated at $240,734, approximately $195 per square foot. This property was built in 1992. 725 N Thompson Dr is a home located in Dane County with nearby schools including Schenk Elementary School, Whitehorse Middle School, and La Follette 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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