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1405 Burning Wood Way

1405 Burning Wood Way, Madison, WI 53704
Property in Cherokee Park
Sold Dec 01, 2016
$355,000
$284,000 by Summit Cu
Mortgage Due Dec 01, 2046
Local assessors in Madison, WI have categorized 1405 Burning Wood Way as a residential type of property. The home was built in 1983 and is 41 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 15,716 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 3 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 1405 Burning Wood Way has a total of 2,833 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 partial basement that is 1,006 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 attached garage for those who need a place to park their vehicle. The garage on the property is 598 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 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. 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 gypsum boards such as those made of drywall, sheetrock, etc. 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, 1405 Burning Wood Way sold most recently in Nov 17, 2016 for a total of $355,000. If you work out the math, that's approximately a cost of $85.89 per sqft. 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 $17,794 in taxes each year. 1405 Burning Wood Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $467,300. If we break it down further, the land itself was valued at $107,300. Improvements to the property, however, were assessed at a total of $360,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1983
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 1,006
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 598
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,716
  • Total Building Area: 4,133
  • Gross Building Area: 4,333
  • Building Area: 2,833
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,833
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOURTH ADDITION TO CHEROKEE PARK
  • Land Acres: 0.361
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOURTH ADDITION TO CHEROKEE PARK, LOT 231.

Ownership

  • Current Owner : HECKMAN SARA L
  • Current Owner 2: HECKMAN MARK S
  • Previous Owner : GRIFFIN GREGORY L
  • Previous Owner 2: GRIFFIN CAROL L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 34
  • Census Tract: 011201

Zoning

  • Zoning: SR-C1

Geography

  • Parcel: 0809-241-0208-3
  • Lot: 231
  • Meridian: SEC 24 QTR 1 TWN 08N RNG 09E
  • Municipality: CITY OF MADISON
  • Latitude: 43.1587
  • Longitude: -89.3733

    Address

  • Full Address: 1405 Burning Wood Way
  • Address - House Number: 1405
  • Address - Street Name: Burning Wood
  • Address - Suffix Type: Way
  • State: WI
  • City Name: Madison
  • Carrier Code: C029
  • 4-Digit Zip Code: 1009
  • Zip Code: 53704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,794
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1578
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 584,525
  • High Value: 676,791
  • Low Value: 492,260

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $284,000
  • First Open Lien Mortgage Lender: SUMMIT CU
  • First Open Lien Mortgage Recording Date: Dec 01, 2016
  • First Open Lien Mortgage Loan Amount: $284,000
  • 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: Dec 01, 2046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $467,300
  • Assessed Land Value: $107,300
  • Assessed Improvements Value: $360,000

    Sales

  • Current Sale Contract Date: Nov 17, 2016
  • Current Sale Recording Date: Dec 01, 2016
  • Current Sale Transaction ID: 11527507866
  • Current Sale Price: $355,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5288702

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT CU
  • First Mortgage Transaction Date: Dec 01, 2016
  • First Mortgage Loan Amount: $284,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1405 Burning Wood Way located in?
The 1405 Burning Wood Way is a located in the neighborhood of Cherokee Park in Cherokee Park, Madison.
What is the average sales price for listings in 1405 Burning Wood Way?
The average sales price for units in 1405 Burning Wood Way is $0 currently.

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