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1518 Fremont Avenue

1518 Fremont Avenue, Madison, WI 53704
House in Madison
Sold Dec 04, 2019
$235,000
$226,000 by Easy Mortgage Inc
Mortgage Due Aug 01, 2050
Sold Aug 09, 2010
$135,000
$108,000 by Summit Cu
Mortgage Due Aug 01, 2040
1518 Fremont Avenue in Madison, WI was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1975. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1518 Fremont Avenue has 1,254 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 896 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 460 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 5,520 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 detached garage. The garage is 264 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. 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 plaster. 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. 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, 1518 Fremont Avenue was last sold in Nov 25, 2019 for $235,000. According to our calculations, that's $109.30 per sqft. Prior to that sales transaction, the property was sold for $135,000 in Aug 6, 2010. Current property owners are expected to pay $10,295 in taxes per year. The property on 1518 Fremont Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $278,100. To break that down further, the land itself was valued at $62,800. While improvements to the property were assessed at a total of $215,300. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

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: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 896
  • Parking Type: Built-in
  • Garage Type: Detached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,520
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 460
  • Total Building Area: 2,150
  • Gross Building Area: 2,220
  • Building Area: 1,254
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,254
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHERMAN PARK
  • Land Acres: 0.127
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHERMAN PARK, BLK 4, LOT 5.

Ownership

  • Current Owner : MARKING JESSICA L
  • Previous Owner : SORGE DUSTIN M
  • Owner Before Previous Owner: SCANLON EDMUND J
  • Owner Before Previous Owner 2: SCANLON ELIZABETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 33
  • Census Tract: 002200

Zoning

  • Zoning: TR-C2

Geography

  • Parcel: 0709-011-0705-7
  • Block: 4
  • Lot: 5
  • Meridian: SEC 01 QTR 1 TWN 07N RNG 09E
  • Municipality: CITY OF MADISON
  • Latitude: 43.1171
  • Longitude: -89.3652

    Address

  • Full Address: 1518 Fremont Ave
  • Address - House Number: 1518
  • Address - Street Name: Fremont
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Madison
  • Carrier Code: C005
  • 4-Digit Zip Code: 3910
  • Zip Code: 53704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,295
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 338,000
  • High Value: 395,887
  • Low Value: 280,113

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: EASY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 20, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $226,000
  • 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: Aug 01, 2050
  • Second Open Lien Mortgage Lender: SUMMIT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Nov 09, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $74,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $278,100
  • Assessed Land Value: $62,800
  • Assessed Improvements Value: $215,300

    Sales

  • Current Sale Contract Date: Nov 25, 2019
  • Current Sale Recording Date: Dec 04, 2019
  • Current Sale Transaction ID: 11707892055
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5545912
  • Previous Sale Recording Date: Aug 09, 2010
  • Previous Sale Contract Date: Aug 06, 2010
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASY MORTGAGE INC
  • First Mortgage Transaction Date: Dec 04, 2019
  • First Mortgage Loan Amount: $223,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT CU
  • Previous Mortgage Transaction Date: Aug 09, 2010
  • Previous Mortgage Loan Amount: $108,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2040

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Frequently Asked Questions

What neighborhood is 1518 Fremont Avenue located in?
The 1518 Fremont Avenue is a house located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 1518 Fremont Avenue?
The average sales price for units in 1518 Fremont Avenue is $0 currently.

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