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Sold for $537,500
  • $537,500

    3100 Lake Mendota Dr APT 504, Madison, WI 53705

    1beds
    1,118sqft
    Condominium
    Built in 1963
    -- sqft lot
    $564,200 Zestimate®
    $481/sqft
    $1,965 Estimated rent

    Home value

    $564,200

    $530,000 - $604,000

    $1,965/mo

    Zestimate® history
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    What's special

    Experience lakeside luxury w/ this impeccably designed condominium. The Kährs beech floors, high end finishes along with perfect lake views make this home a place you want to spend time. Positioned on the fifth floor, the property offers panoramic vistas of Lake Mendota from nearly every angle, complemented by a private balcony ideally suited for enjoying breathtaking sunsets. The modern kitchen is equipped with state-of-the-art appliances, granite countertops and functional cabinetry. The large bedroom provides a spa-like ambiance, complete with a lavish soaking tub. Situated in a picturesque corner of the city. There are great hiking trails along the lakefront. It is a quick and easy boat trip to the Memorial Union & the Edgewater. This unit has access to your own boat slip.

    Zillow last checked:

    Listing updated:

    Listed by:

    Spencer Schumacher,

    Spencer Real Estate Group

    Bought with:

    Brandon Grosse, 54913-90

    Accord Realty

    Source: SCWMLS,MLS#: 1976067

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 247
    • Dimensions: 19 x 13
    Kitchen
    • Features: Dishwasher, Kitchen Island, Range/Oven, Refrigerator
    • Level: Main
    • Area: 120
    • Dimensions: 15 x 8
    Living room
    • Level: Main
    • Area: 432
    • Dimensions: 27 x 16
    Heating
    • Radiant
    Appliances
    • Included: Washer, Dryer
    • Laundry: Main Level
    Features
    • Great room, Storage Unit Inc, At Least 1 tub, Garage
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,118
    • Total interior livable area: 1,118 sqft
    • Finished area above ground: 1,118

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 car Garage, Underground, Heated Garage, 1 space assigned
    • Attached garage spaces: 1
    Features
    • Patio & porch: Deck/Balcony
    • On waterfront: Yes
    • Waterfront features: Waterfront, Lake Front, Water ski lake
    Details
    • Parcel number: 070917101283
    • Zoning: PD

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick, Other
    Condition
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable/Satellite Available

    Community & HOA

    Community
    • Features: Boatslip/Pier, Close to busline, Common Green Space, Elevator
    • Security: Security System
    HOA
    • Has HOA: Yes
    • Amenities included: Parking
    • Services included: Common area insurance, Common area maintenance, Heat, Hot Water, Reserve fund, Snow Removal, Trash, Water/Sewer
    • HOA fee: $762 monthly
    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $481/sqft
    • Tax assessed value: $484,700
    • Annual tax amount: $8,771
    • Date on market: 5/1/2024
    • Listing terms: Arms Length
    • Inclusions: Washer, dryer, refrigerator, dishwasher, water softener, garage opener & remote, thermostat, beverage refrigerator, 2 portable storage lockers, bar stools, ceiling fan.
    • Exclusions: Seller's personal property.

    Price history

    DateEventPrice
    11/8/2024Sold$537,500-7.3%$481/sqft
    Source: Public Record Report a problem
    9/16/2024Pending sale$580,000$519/sqft
    Source: WIREX MLS #1976067 Report a problem
    6/12/2024Price change$580,000-7.9%$519/sqft
    Source: WIREX MLS #1976067 Report a problem
    5/1/2024Listed for sale$630,000+121.1%$564/sqft
    Source: WIREX MLS #1976067 Report a problem
    7/7/2016Sold$285,000-5%$255/sqft
    Source: Public Record Report a problem
    3/23/2016Listed for sale$300,000-4.8%$268/sqft
    Source: The Kruse Company, REALTORS #1770005 Report a problem
    12/1/2015Listing removed$315,000$282/sqft
    Source: The Kruse Company, REALTORS #1745980 Report a problem
    11/8/2015Price change$315,000-3.1%$282/sqft
    Source: The Kruse Company, REALTORS #1745980 Report a problem
    7/10/2015Listed for sale$325,000-1.5%$291/sqft
    Source: The Kruse Company REALTORS #1745980 Report a problem
    6/8/2015Listing removed$330,000$295/sqft
    Source: The Kruse Company REALTORS #1745980 Report a problem
    5/12/2015Listed for sale$330,000$295/sqft
    Source: The Kruse Company REALTORS #1745980 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,488 -2.8%$484,700
    2023$9,766 $484,700 +12%
    2022-- $432,800 +12%
    2021-- $386,400 +2%
    2020-- $378,800 +7%
    2019$7,894 $354,000
    2018$7,894 +16%$354,000 +20%
    2017$6,803 -0.6%$295,000 +9.3%
    2016$6,844 -0.1%$270,000 -5.6%
    2014$6,849 +18%$285,900 +4%
    2013$5,803 -4.9%$274,900 +7.7%
    2012$6,100 +5.1%$255,200
    2011$5,803 +3.6%$255,200
    2010$5,602 +8.2%$255,200
    2009$5,177 +5%$255,200
    2008$4,930 +3.3%$255,200 +5%
    2007$4,774 +3.7%$243,000 +4%
    2006$4,604 -3.3%$233,700 +2%
    2005$4,762 +0.9%$229,100 +8%
    2004$4,718 -2.1%$212,100
    2003$4,819 +3.7%$212,100 +7.1%
    2002$4,645 +5%$198,000 +10%
    2001$4,425 -2.8%$180,000
    2000$4,555 $180,000
    Find assessor info on the county website

    Neighborhood: University Apartments

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Shorewood
    • Middle: Hamilton
    • High: West
    • District: Madison

    Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $564,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $564,200