1254 East Washington Avenue

1254 East Washington Avenue in Madison, WI was first built in 1918 and is 106 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. 1254 East Washington Avenue has 1,272 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 linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 660. In total, the area measurement of the land is 1,637 square feet.

Learn more about the property and building on this page. The home has a flat style roof 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 condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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 no air conditioning. 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, 1254 East Washington Avenue sold most recently in Aug 31, 2021 for a total of $495,000. If you work out the math, that's approximately a cost of $389.15 per sqft. Before that, the property was also sold for $242,000 in Dec 14, 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 $19,448 in taxes each year. 1254 East Washington Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $495,000. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $455,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.