Monday, November 23, 2009

Madison WI Homes for Sale - Deal of the Week

201 Kearney Way #305, Waunakee - $75,000
&
201 Kearney Way #306, Waunakee - $79,900


These are 2 condos currently for sale in the condo development Creekside of Waunakee.  Both of these are foreclosures and priced below market value.  All of the condos in this development have sold for at least $94,000 (see here).  Most recently, one sold for $100,000 in September (see here).  These specific condos - 201 Kearney Way #305 & #306 - each sold for $109,900 in 2007!  See the details from those sales here

In the past 2 years, only 8 condos have been listed under $100,000 in all of Waunakee - all of them in Creekside of Waunakee.  And all of them listed $98,000-$100,000, except for these two recently listed foreclosed condos that are under $80,000.

Click here to see the details of 201 Kearney Way #305 & #306.  Based on the pictures and comments, it doesn't appear that much TLC is needed on either of these condos.

So...it seems that getting a condo at Creekside of Waunakee for under $80,000 is a very good deal! 

Also of note, the condo fee is $194/month, but it includes heat!

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