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1323 Spaight Street

1323 Spaight Street, Madison, WI 53703
Property in Marquette
Sold May 07, 2013
$305,000
$737,415 by Compeer Financial Flca
Mortgage Due Aug 01, 2053
Sold Aug 03, 2007
$309,000
$309,000 by Usaa Fsb
Mortgage Due Aug 01, 2037
Local assessors in Madison, WI have categorized 1323 Spaight Street as a residential type of property. The home was built in 1879 and is 145 years old. It was most recently renovated and altered in 1968. The property's lot size has been calculated to be 4,356 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 330 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 are also 2 partial bathrooms. 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 1323 Spaight Street has a total of 1,410 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 850 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 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a roof that is made of asphalt. Lots of wood 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1323 Spaight Street sold most recently in Apr 30, 2013 for a total of $305,000. If you work out the math, that's approximately a cost of $134.96 per sqft. Before that, the property was also sold for $309,000 in Jul 27, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $20,822 in taxes each year. 1323 Spaight Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $494,500. If we break it down further, the land itself was valued at $146,500. Improvements to the property, however, were assessed at a total of $348,000. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1879
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 850
  • Parking Type: Built-in
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,260
  • Gross Building Area: 2,296
  • Building Area: 1,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL PLAT, AKA FARWELLS REPLAT, BLK
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORIGINAL PLAT, AKA FARWELLS REPLAT, BLK 209, NE 1/2 OF LOT 4.

Ownership

  • Current Owner : CHANCELLOR JOHN
  • Current Owner 2: KAARAKKA HEATHER
  • Previous Owner : HINES JOSEPH M
  • Previous Owner 2: HINES JOSEPH M
  • Owner Before Previous Owner: LEE LINDSEY E
  • Owner Before Previous Owner 2: ROSEN ELIZABETH S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 2
  • Census Tract: 001901

Zoning

  • Zoning: HIS-TL

Geography

  • Parcel: 0710-073-0309-4
  • Block: 209
  • Lot: 4
  • Meridian: SEC 07 QTR 3 TWN 07N RNG 10E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0836
  • Longitude: -89.3599

    Address

  • Full Address: 1323 Spaight St
  • Address - House Number: 1323
  • Address - Street Name: Spaight
  • Address - Suffix Type: St
  • State: WI
  • City Name: Madison
  • Carrier Code: C003
  • 4-Digit Zip Code: 3750
  • Zip Code: 53703

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,822
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 536,680
  • High Value: 628,078
  • Low Value: 445,282

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $737,415
  • First Open Lien Mortgage Lender: COMPEER FINANCIAL FLCA
  • First Open Lien Mortgage Recording Date: Sep 25, 2023
  • First Open Lien Mortgage Loan Amount: $737,415
  • 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: Aug 01, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $494,500
  • Assessed Land Value: $146,500
  • Assessed Improvements Value: $348,000

    Sales

  • Current Sale Contract Date: Apr 30, 2013
  • Current Sale Recording Date: May 07, 2013
  • Current Sale Transaction ID: 1164464914
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4985213
  • Previous Sale Recording Date: Aug 03, 2007
  • Previous Sale Contract Date: Jul 27, 2007
  • Previous Sale Amount: $309,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • First Mortgage Transaction Date: May 07, 2013
  • First Mortgage Loan Amount: $244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Aug 03, 2007
  • Previous Mortgage Loan Amount: $309,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2037

About Marquette



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Frequently Asked Questions

What neighborhood is 1323 Spaight Street located in?
The 1323 Spaight Street is a located in the neighborhood of Marquette in Marquette, Madison.
What is the average sales price for listings in 1323 Spaight Street?
The average sales price for units in 1323 Spaight Street is $0 currently.

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