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1230 Velvet Leaf Drive

1230 Velvet Leaf Drive, Madison, WI 53719
Property in Valley Ridge
Sold Jul 17, 2018
$380,000
$140,000 by Wells Fargo Bank
Mortgage
Sold Apr 10, 2013
$317,000
$301,150 by Wisconsin Mortgage Corp
Mortgage Due May 01, 2043
1230 Velvet Leaf Drive in Madison, WI was first built in 2002 and is 22 years old. Although, the building on the property was most recently renovated and altered in 2008. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 13 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1230 Velvet Leaf Drive has 3,257 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 1,742 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 710 ft and the linear feet between the front and back of the lot is 1,087. In total, the area measurement of the land is 7,716 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. For those who need parking, there is a attached garage. The garage is 688 sqft. There are a total of 3 available parking spaces. 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 gypsum boards such as those made of drywall, sheetrock, etc. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1230 Velvet Leaf Drive was last sold in Jul 13, 2018 for $380,000. According to our calculations, that's $90.56 per sqft. Prior to that sales transaction, the property was sold for $317,000 in Apr 8, 2013. Current property owners are expected to pay $18,008 in taxes per year. The property on 1230 Velvet Leaf Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $472,700. To break that down further, the land itself was valued at $109,800. While improvements to the property were assessed at a total of $362,900. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 1,742
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 688
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,716
  • Lot Size Depth Feet: 1,087
  • Lot Size Frontage Feet: 710
  • Total Building Area: 4,196
  • Gross Building Area: 4,196
  • Building Area: 3,257
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,257
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VALLEY RIDGE
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VALLEY RIDGE, LOT 68.

Ownership

  • Current Owner : RYAN MARY T
  • Current Owner 2: RYAN STEVEN M
  • Previous Owner : BURNETT RYAN P
  • Owner Before Previous Owner: THOMPSON JOHN W
  • Owner Before Previous Owner 2: THOMPSON LISA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Middleton-Cross Plains School District
  • School Tax School District: 22
  • Census Tract: 000409

Zoning

  • Zoning: PD

Geography

  • Parcel: 0708-352-0705-6
  • Lot: 68
  • Meridian: SEC 35 QTR 2 TWN 07N RNG 08E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0404
  • Longitude: -89.515

    Address

  • Full Address: 1230 Velvet Leaf Dr
  • Address - House Number: 1230
  • Address - Street Name: Velvet Leaf
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Madison
  • Carrier Code: R069
  • 4-Digit Zip Code: 4508
  • Zip Code: 53719

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,008
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 572,772
  • High Value: 661,443
  • Low Value: 484,102

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $257,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK
  • First Open Lien Mortgage Recording Date: Jul 17, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Lender: WINTRUST MORTGAGE CORP
  • Second Open Lien Mortgage Recording Date: Mar 10, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $117,500
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2031

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $472,700
  • Assessed Land Value: $109,800
  • Assessed Improvements Value: $362,900

    Sales

  • Current Sale Contract Date: Jul 13, 2018
  • Current Sale Recording Date: Jul 17, 2018
  • Current Sale Transaction ID: 11481551712
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5425920
  • Previous Sale Recording Date: Apr 10, 2013
  • Previous Sale Contract Date: Apr 08, 2013
  • Previous Sale Amount: $317,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK
  • First Mortgage Transaction Date: Jul 17, 2018
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WISCONSIN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 10, 2013
  • Previous Mortgage Loan Amount: $301,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2043

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Frequently Asked Questions

What neighborhood is 1230 Velvet Leaf Drive located in?
The 1230 Velvet Leaf Drive is a located in the neighborhood of Valley Ridge in Valley Ridge, Madison.
What is the average sales price for listings in 1230 Velvet Leaf Drive?
The average sales price for units in 1230 Velvet Leaf Drive is $0 currently.

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