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3401 Liberty Lane

3401 Liberty Lane, Madison, WI 53718
Property in Madison
Sold Aug 15, 2023
$270,000
$206,000 by Summit Credit Union
Mortgage Due Sep 01, 2053
Sold Sep 18, 2017
$163,000
$146,700 by Summit Cu
Mortgage
Local assessors in Madison, WI have categorized 3401 Liberty Lane as a residential type of property. The home was built in 1999 and is 25 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 370,891 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3401 Liberty Lane has a total of 1,594 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 458 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3401 Liberty Lane was last sold in Aug 11, 2023 for $270,000. According to our calculations, that's $131.58 per sqft. Prior to that sales transaction, the property was sold for $163,000 in Sep 6, 2017. Current property owners are expected to pay $8,423 in taxes per year. The property on 3401 Liberty Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $213,200. To break that down further, the land itself was valued at $38,500. While improvements to the property were assessed at a total of $174,700. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Attached
  • Garage Square Area: 458
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 370,891
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 1,594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,594
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PATRIOT HILL CONDOMINIUMS BUILDING 3
  • Land Acres: 8.514
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: PATRIOT HILL CONDOMINIUMS, BUILDING 3, UNIT 23, & A % INTEREST IN THE COMMON ARE A AS DECLARED & RECORDED IN DANE COUNTY REGISTER OF DEEDS AS DOCUMENT 3037744 & SUBSEQUENT AMENDMENTS.

Ownership

  • Current Owner : MUELLER GUNNIP
  • Previous Owner : GANZOW MICHAEL P
  • Previous Owner 2: GANZOW DAWN M
  • Owner Before Previous Owner: SHIELDS LAWRENCE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sun Prairie Area School District
  • School Tax School District: 18
  • Census Tract: 011405

Zoning

  • Zoning: PD

Geography

  • Parcel: 0810-233-0423-1
  • Meridian: SEC 23 QTR 3 TWN 08N RNG 10E
  • Municipality: CITY OF MADISON
  • Latitude: 43.1402
  • Longitude: -89.282

    Address

  • Full Address: 3401 Liberty Ln
  • Legal Unit: 23
  • Address - House Number: 3401
  • Address - Street Name: Liberty
  • Address - Suffix Type: Ln
  • State: WI
  • City Name: Madison
  • Carrier Code: R026
  • 4-Digit Zip Code: 2205
  • Zip Code: 53718

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,423
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 282,143
  • High Value: 331,624
  • Low Value: 232,661

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $233,000
  • First Open Lien Mortgage Lender: SUMMIT CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 15, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $206,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053
  • Second Open Lien Mortgage Lender: SUMMIT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 22, 2023
  • Second Open Lien Mortgage Loan Amount: $27,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 22, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $213,200
  • Assessed Land Value: $38,500
  • Assessed Improvements Value: $174,700

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Transaction ID: 11911693765
  • Current Sale Price: $270,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5918626
  • Previous Sale Recording Date: Sep 18, 2017
  • Previous Sale Contract Date: Sep 06, 2017
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT CREDIT UNION
  • First Mortgage Transaction Date: Aug 15, 2023
  • First Mortgage Loan Amount: $206,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT CU
  • Previous Mortgage Transaction Date: Sep 18, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $146,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 3401 Liberty Lane located in?
The 3401 Liberty Lane is a located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 3401 Liberty Lane?
The average sales price for units in 3401 Liberty Lane is $0 currently.

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