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1117 Lawrence Street

1117 Lawrence Street, Madison, WI 53715
House in Bay Creek
Sold Aug 22, 2019
$323,000
$255,000 by Provisor Inc
Mortgage Due Apr 01, 2051
Sold May 29, 2018
$248,200
$188,000 by Union Bank & Trust
Mortgage
1117 Lawrence Street in Madison, WI was first built in 1907 and is 117 years old. Although, the building on the property was most recently renovated and altered in 1979. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1117 Lawrence Street has 2,010 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 816 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 4,400 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 1117 Lawrence Street was last sold in Aug 16, 2019 for $323,000. According to our calculations, that's $146.62 per sqft. Prior to that sales transaction, the property was sold for $248,200 in May 25, 2018. Current property owners are expected to pay $14,342 in taxes per year. The property on 1117 Lawrence Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $380,200. To break that down further, the land itself was valued at $86,900. While improvements to the property were assessed at a total of $293,300. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Aluminum Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 816
  • Parking Type: Offsite
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,400
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,203
  • Gross Building Area: 2,360
  • Building Area: 2,010
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,010
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKESIDE ADD TO S MADISON
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKESIDE ADD TO S MADISON, LOT 11, BLOCK 1

Ownership

  • Current Owner : WITZEL ERIK H
  • Current Owner 2: GIBBONS JESSIE
  • Previous Owner : MILLFREY INVESTMENTS LLC
  • Owner Before Previous Owner: SCHNERING CHARLES P
  • Owner Before Previous Owner 2: SCHNERING ESTRELLA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 6
  • Census Tract: 001300

Zoning

  • Zoning: TR-C2

Geography

  • Parcel: 0709-261-0711-5
  • Block: 1
  • Lot: 11
  • Meridian: SEC 26 QTR 1 TWN 07N RNG 09E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0547
  • Longitude: -89.3854

    Address

  • Full Address: 1117 Lawrence St
  • Address - House Number: 1117
  • Address - Street Name: Lawrence
  • Address - Suffix Type: St
  • State: WI
  • City Name: Madison
  • Carrier Code: C006
  • 4-Digit Zip Code: 2042
  • Zip Code: 53715

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,342
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.157
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 482,313
  • High Value: 558,082
  • Low Value: 406,544

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: PROVISOR INC
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $255,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $380,200
  • Assessed Land Value: $86,900
  • Assessed Improvements Value: $293,300

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Aug 22, 2019
  • Current Sale Transaction ID: 11637655027
  • Current Sale Price: $323,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5515452
  • Previous Sale Recording Date: May 29, 2018
  • Previous Sale Contract Date: May 25, 2018
  • Previous Sale Amount: $248,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVISOR INC
  • First Mortgage Transaction Date: Aug 22, 2019
  • First Mortgage Loan Amount: $258,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK & TRUST
  • Previous Mortgage Transaction Date: May 29, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $188,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1117 Lawrence Street located in?
The 1117 Lawrence Street is a house located in the neighborhood of Bay Creek in Bay Creek, Madison.
What is the average sales price for listings in 1117 Lawrence Street?
The average sales price for units in 1117 Lawrence Street is $0 currently.

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