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18 Magnolia Circle

18 Magnolia Circle, Madison, WI 53713
House in Burr Oaks
Sold Nov 30, 2021
$240,000
$210,600 by Guild Mortgage Co
Mortgage
Sold Mar 22, 2013
$114,000
18 Magnolia Circle has been categorized by the local assessors in Madison, WI as a residential type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1977. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 18 Magnolia Circle has 1,080 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,080 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 11,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 270 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 18 Magnolia Circle was last sold in Nov 15, 2021 for $240,000. According to our calculations, that's $98.77 per sqft. Prior to that sales transaction, the property was sold for $114,000 in Mar 21, 2013. Current property owners are expected to pay $8,786 in taxes per year. The property on 18 Magnolia Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $240,000. To break that down further, the land itself was valued at $63,000. While improvements to the property were assessed at a total of $177,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Brick Exterior
Stone Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 1,080
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 270
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,800
  • Total Building Area: 2,430
  • Gross Building Area: 2,430
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BURR OAKS FIRST ADD
  • Land Acres: 0.271
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BURR OAKS FIRST ADD, LOT 79

Ownership

  • Current Owner : PRESS HAZEL
  • Current Owner 2: PRESS SAMANTHA
  • Previous Owner : ERICKSON DUANE
  • Previous Owner 2: ERICKSON HANNAH
  • Owner Before Previous Owner: MARTINEZ MARCO T
  • Owner Before Previous Owner 2: ARAUJO GLORIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 6
  • Census Tract: 001401

Zoning

  • Zoning: SR-C1

Geography

  • Parcel: 0709-352-0514-0
  • Lot: 79
  • Meridian: SEC 35 QTR 2 TWN 07N RNG 09E
  • Municipality: CITY OF MADISON
  • Latitude: 43.04
  • Longitude: -89.4001

    Address

  • Full Address: 18 Magnolia Cir
  • Address - House Number: 18
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Cir
  • State: WI
  • City Name: Madison
  • Carrier Code: C004
  • 4-Digit Zip Code: 2513
  • Zip Code: 53713

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,786
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1833
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 280,797
  • High Value: 332,282
  • Low Value: 229,311

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,600
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $210,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $240,000
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $177,000

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11872455727
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5793077
  • Previous Sale Recording Date: Mar 22, 2013
  • Previous Sale Contract Date: Mar 21, 2013
  • Previous Sale Amount: $114,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $210,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Burr Oaks



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Frequently Asked Questions

What neighborhood is 18 Magnolia Circle located in?
The 18 Magnolia Circle is a house located in the neighborhood of Burr Oaks in Burr Oaks, Madison.
What is the average sales price for listings in 18 Magnolia Circle?
The average sales price for units in 18 Magnolia Circle is $0 currently.

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