$545,000

Condo for sale Madison

Overview

SUMMARY: Discover an opportunity with this Madison condo for sale and available for $545,000. This could be your next ideal home or a smart investment. More details await.
Don't miss this opportunity to own a beautifully updated Ranch in the desirable Windermere community! Nestled in a peaceful cul-de-sac setting, this home is the larger of the two ranch-style models and offers comfortable, versatile living with the added bonus of a family room featuring a new gas fireplace. Enjoy new luxury vinyl flooring thru the main living area and stylish new carpeting in the bedrooms. The updated kitchen features new appliances, including a gas stove with hood, refrigerator and dishwasher, along with quartz countertops, freshly painted cabinets with new hardware and a butcher-block island. The bathrooms have also been tastefully refreshed with new vanities, and new lighting above the sinks. The primary bathroom features a new bathtub, while the guest bath offers new shower doors and a new stackable washer and dryer. Besides the gas fireplace in the family room, a ceiling fan with light has been added, creating a comfortable space to relax or entertain. Year-round comfort is enhanced by a new Mitsubishi Electric heat pump and air-conditioning system. Additional improvements include an Anderson screen door. Step outside to enjoy the 12'x12' enclosed porch, a patio, garden area, and a park-like backyard. The adjacent garage adds everyday convenience. Exterior maintenance is provided. Just minutes from Madison's beautiful shoreline and charming downtown village!There is a land leasehold fee of $100 due each month and is due to expire on June 30, 2033. There is a land leasehold fee of $100 due each month and is due to expire on June 30, 2033. Currently there there is a land lease in place in which the Association has the option to purchase during a period of 90 days prior and up to June 30, 2033. Plans are already in place to exercise this option and the funds to do so have been collected and are in a separate account. Once the option is exercised, the sale of a unit will be transferred as a "fee simple" transaction rather than the current "transfer of a leasehold." There is a transfer fee equivalent to 5 months HOA fees to be paid by the buyer at closing. Units are limited to 3 permanent residents. No assessments are owed on this unitThere is a land leasehold fee of $100 due each month and is due to expire on June 30, 2033
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Details

  • Beds: 2
  • Baths: 2
  • Price: $545,000
  • Area: 1,448 sqft

Location

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