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118 Talmadge Street

118 Talmadge Street, Madison, WI 53704
House in Madison
Sold Jan 19, 2021
$275,000
$245,100 by University Of Wisconsin Cu
Mortgage
Sold Sep 26, 2012
$141,000
$110,000 by Anchorbank Fsb
Mortgage Due Oct 01, 2042
Local assessors in Madison, WI have categorized 118 Talmadge Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1973. The property's lot size has been calculated to be 4,800 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 118 Talmadge Street has a total of 660 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 528 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 180 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 118 Talmadge Street sold most recently in Jan 15, 2021 for a total of $275,000. If you work out the math, that's approximately a cost of $231.48 per sqft. Before that, the property was also sold for $141,000 in Sep 21, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,173 in taxes each year. 118 Talmadge Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $275,000. If we break it down further, the land itself was valued at $91,400. Improvements to the property, however, were assessed at a total of $183,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 1925
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Full basement
  • Basement Area: 528
  • Parking Type: Built-in
  • Garage Type: Detached
  • Garage Square Area: 180
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,188
  • Gross Building Area: 1,324
  • Building Area: 660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIR OAKS
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIR OAKS, LOT 13, BLOCK 12

Ownership

  • Current Owner : BROOKS JESSICA
  • Current Owner 2: LAZARUS CARL
  • Previous Owner : SPRECHER KATE E
  • Previous Owner 2: SPRECHER JUSTIN N
  • Owner Before Previous Owner: VANLEAR CHERYL S

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 9
  • Census Tract: 002000

Zoning

  • Zoning: TR-V1

Geography

  • Parcel: 0710-064-0114-6
  • Block: 12
  • Lot: 13
  • Meridian: SEC 06 QTR 4 TWN 07N RNG 10E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0974
  • Longitude: -89.3464

    Address

  • Full Address: 118 Talmadge St
  • Address - House Number: 118
  • Address - Street Name: Talmadge
  • Address - Suffix Type: St
  • State: WI
  • City Name: Madison
  • Carrier Code: C025
  • 4-Digit Zip Code: 5427
  • Zip Code: 53704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,173
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 365,993
  • High Value: 418,246
  • Low Value: 313,740

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,100
  • First Open Lien Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Loan Amount: $245,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $275,000
  • Assessed Land Value: $91,400
  • Assessed Improvements Value: $183,600

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Transaction ID: 11814884335
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5685212
  • Previous Sale Recording Date: Sep 26, 2012
  • Previous Sale Contract Date: Sep 21, 2012
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • First Mortgage Transaction Date: Jan 19, 2021
  • First Mortgage Loan Amount: $245,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: ANCHORBANK FSB
  • Previous Mortgage Transaction Date: Sep 26, 2012
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2042

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Frequently Asked Questions

What neighborhood is 118 Talmadge Street located in?
The 118 Talmadge Street is a house located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 118 Talmadge Street?
The average sales price for units in 118 Talmadge Street is $0 currently.

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