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2005 Madison Street

2005 Madison Street, Madison, WI 53711
Property in Vilas
Sold Dec 16, 2015
$485,000
$335,000 by Abbott Laboratories Employees
Mortgage Due Jan 01, 2046
2005 Madison Street in Madison, WI was first built in 1913 and is 111 years old. Although, the building on the property was most recently renovated and altered in 1971. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2005 Madison Street has 2,014 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 874 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 600 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 7,200 square feet.

Learn more about the property and building on this page. There is 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 180 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2005 Madison Street sold most recently in Dec 7, 2015 for a total of $485,000. If you work out the math, that's approximately a cost of $151.18 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 $27,337 in taxes each year. 2005 Madison Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $708,100. If we break it down further, the land itself was valued at $211,300. Improvements to the property, however, were assessed at a total of $496,800. The property's total assessed value has been marked as more than the total market value 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. 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: 1913
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 874
  • Garage Type: Detached
  • Garage Square Area: 180
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,208
  • Gross Building Area: 3,328
  • Building Area: 2,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WINGRA PARK
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WINGRA PARK, LOT 2, BLOCK 7

Ownership

  • Current Owner : TOLLE LIVING TRUST
  • Previous Owner : ROBBINS SUSAN B
  • Previous Owner 2: KERR JIM
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 30
  • Census Tract: 001200

Zoning

  • Zoning: TR-C2

Geography

  • Parcel: 0709-223-3303-7
  • Block: 7
  • Lot: 2
  • Meridian: SEC 22 QTR 3 TWN 07N RNG 09E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0629
  • Longitude: -89.4181

    Address

  • Full Address: 2005 Madison St
  • Address - House Number: 2005
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: WI
  • City Name: Madison
  • Carrier Code: C002
  • 4-Digit Zip Code: 2129
  • Zip Code: 53711

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,337
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1411
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 818,236
  • High Value: 933,723
  • Low Value: 702,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,000
  • First Open Lien Mortgage Lender: ABBOTT LABORATORIES EMPLOYEES
  • First Open Lien Mortgage Recording Date: Dec 16, 2015
  • First Open Lien Mortgage Loan Amount: $335,000
  • 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: Jan 01, 2046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $708,100
  • Assessed Land Value: $211,300
  • Assessed Improvements Value: $496,800

    Sales

  • Current Sale Contract Date: Dec 07, 2015
  • Current Sale Recording Date: Dec 16, 2015
  • Current Sale Transaction ID: 1392663960
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5203920

    Last Sale Mortgage

  • First Mortgage Lender: ABBOTT LABORATORIES EMPLOYEES
  • First Mortgage Transaction Date: Dec 16, 2015
  • First Mortgage Loan Amount: $335,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2046

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Frequently Asked Questions

What neighborhood is 2005 Madison Street located in?
The 2005 Madison Street is a located in the neighborhood of Vilas in Vilas, Madison.
What is the average sales price for listings in 2005 Madison Street?
The average sales price for units in 2005 Madison Street is $0 currently.

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