3 months on rocket

5302 Loruth Ter, Madison, WI, 53711

$514,900

Home List Price

$6,114*

Closing Credit

4 Bedrooms
3 Full Baths
2,334 SqFt
$221/SqFt
House

Location

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5302 Loruth Ter, Madison$514,900

Buyer Closing Credits

$6,114*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car, Attached
Attached Garage2 spaces
Year Built1954
HeatingForced Air, Natural Gas
CoolingCentral Air, Other
BasementYes
MLS #1982037
Lot Size0.77 Acres
StatusActive

About 5302 Loruth Ter

PRICE REDUCTION, SELLER CREDIT, AND HOME WARRANTY! OH MY! Modern 4 bed, 3 bath Ranch on fab .77 acre lot! Bright great room w/ vaulted ceilings, cool windows, - the outside comes in! Add new fronts & pulls to the kitchen to make it your chef's kitchen - sweet breakfast bar. Perfect formal dining for holidays that boasts a fireplace - refinish the floors to make them gleam. Huge primary suite w/ vaulted ceilings, WIC, & full bath w/ jetted tub. Paint & new hardware will make this suite a showstopper. Exposed LL has updated rec room, full bath, big 4th bed, W/D, & new wet bar. Yard has wrap around deck, mature trees, raspberry bushes, & wildlife! Close to Epic, Exact Sciences, & UW campus. Ultimate Home Warranty included. Seller is offering $10,000 credit used at buyer's discretion.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1954
  • Stories: 1
  • Living Area: 2,334 SqFt

Listing Office:

  • Office Name: Stark Company, REALTORS
  • Office Phone: (608) 839-7137
  • Listing Agent: Matt Kornstedt

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator, Dishwasher, Microwave, Disposal, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Wood or Sim.Wood Floors, Walk-in closet(s), Great Room, Cathedral/vaulted ceiling, Skylight(s), Cable/Satellite Available, High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car, Attached

Lot Features

Lot Information:

  • Lot Size: 0.77 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Other

Other

Directions Information:

  • Directions: Beltline to Whitney Way, to Gilbert Rd, to Whitcomb Dr, to Loruth Terrace

Municipality:

  • Madison

Price Information

Listing Price Info

Price Summary:

  • List Price: $514,900
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $8,420
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Madison, WI.

Med. Sold Price

$403.9K

Med. Price/SqFt

$238

# of Sold Homes

181

5302 Loruth Ter vs Madison

117 DAYS ON ROCKET

$514,900

+$110.9K More

$221/SqFt

-$17 Less

KEY TAKEAWAY

This property is $110.9K more than the Median Sold Price and $17/SqFt less than other homes in Madison, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_SCW
  • MLS Number: #1982037

Listing Office:

  • Office Name: Stark Company, REALTORS
  • Office Phone: (608) 839-7137
  • Listing Agent: Matt Kornstedt

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,420$386,900
2019$7,858$361,600
2018$7,204$331,700
2017$7,521$331,700

History based on county public records data.

Payment Calculator

$2,637

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-520531
5
/10
  • Orchard Ridge Elementary School

  • 5602 Russett Rd

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-520532
4
/10
  • Milele Chikasa Anana Elementary School

  • 6323 Woodington Way

  • 0.94 miles

  • Public District Grades EE-5

school-card-donut-520533
5
/10
  • Huegel Elementary School

  • 2601 Prairie Rd

  • 1.48 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,841. Typical income of Madison, WI residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5302 Loruth Ter

What is the listing price of this property?

The listing price of 5302 Loruth Ter property is $514,900.

What type of property is this?

The property 5302 Loruth Ter is a house located in Madison, Wisconsin, 53711.

Is this property for sale now?

Active Listing: 5302 Loruth Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,420 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5302 Loruth Ter has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5302 Loruth Ter is 2,334 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5302 Loruth Ter is 1954.

Rocket Homes›Wisconsin›Dane County›Madison›53711›5302 Loruth Ter

This home is located at 5302 Loruth Ter in Madison, WI and zip code 53711 in the Orchard Ridge neighborhood. This 2,334 square foot home, which was built in 1954, sits on a 0.77 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $514,900.

While more than 69 listings in Madison, WI in October 2024 were sold above asking price, there were more than 41 listings sold at asking price, and more than 71 were sold below. The number of listings in Madison, WI increased by 2.2% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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