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10243 Meandering Way

10243 Meandering Way, Verona, WI 53593
Property in Madison
Sold Jun 10, 2021
$415,000
$311,250 by University Of Wisconsin Cu
Mortgage
Sold May 19, 2017
$319,600
$309,300 by University Of Wisconsin Cu
Mortgage Due Jun 01, 2037
10243 Meandering Way has been categorized by the local assessors in Verona, WI as a residential type of property. The building on the property was first built in 2017 and is 7 years old. However, we must point out that the home was most recently renovated and altered in 2018. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 10243 Meandering Way has 2,298 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 978 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,160 ft and across the front of the lot is 590 ft. The area measurement of the land has been determined as 6,844 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 536 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 10243 Meandering Way was last sold in Jun 4, 2021 for $415,000. According to our calculations, that's $122.42 per sqft. Prior to that sales transaction, the property was sold for $319,600 in May 18, 2017. Current property owners are expected to pay $15,721 in taxes per year. The property on 10243 Meandering Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $415,000. To break that down further, the land itself was valued at $77,400. While improvements to the property were assessed at a total of $337,600. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Exterior

Vinyl Siding

Parking

Open Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Modern
  • 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 Type: Partial basement
  • Basement Area: 978
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 536
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,844
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 590
  • Total Building Area: 3,390
  • Gross Building Area: 3,390
  • Building Area: 2,298
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,298
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BIRCHWOOD POINT
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BIRCHWOOD POINT, LOT 133.

Ownership

  • Current Owner : SAMAD LEITH LAWRENCE JAMEEL
  • Current Owner 2: LU LIN
  • Previous Owner : LEVETT TIMOTHY ELLIOTT
  • Owner Before Previous Owner: MREC VH BIRCHWOOD POINT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Middleton-Cross Plains School District
  • School Tax School District: 21
  • Census Tract: 010905

Zoning

  • Zoning: TR-C3

Geography

  • Parcel: 0708-291-0813-7
  • Lot: 133
  • Meridian: SEC 29 QTR 1 TWN 07N RNG 08E
  • Municipality: CITY OF MADISON
  • Latitude: 43.057
  • Longitude: -89.5655

    Address

  • Full Address: 10243 Meandering Way
  • Address - House Number: 10243
  • Address - Street Name: Meandering
  • Address - Suffix Type: Way
  • State: WI
  • City Name: Verona
  • Carrier Code: R088
  • 4-Digit Zip Code: 5118
  • Zip Code: 53593

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,721
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 526,003
  • High Value: 609,085
  • Low Value: 442,920

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $311,250
  • First Open Lien Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • First Open Lien Mortgage Recording Date: Jun 10, 2021
  • First Open Lien Mortgage Loan Amount: $311,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $415,000
  • Assessed Land Value: $77,400
  • Assessed Improvements Value: $337,600

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Transaction ID: 11839576782
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5738483
  • Previous Sale Recording Date: May 19, 2017
  • Previous Sale Contract Date: May 18, 2017
  • Previous Sale Amount: $319,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • First Mortgage Transaction Date: Jun 10, 2021
  • First Mortgage Loan Amount: $311,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • Previous Mortgage Transaction Date: May 19, 2017
  • Previous Mortgage Loan Amount: $309,300
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2037

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Frequently Asked Questions

What neighborhood is 10243 Meandering Way located in?
The 10243 Meandering Way is a located in the neighborhood of Madison in Madison, Verona.
What is the average sales price for listings in 10243 Meandering Way?
The average sales price for units in 10243 Meandering Way is $0 currently.

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