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2218 Lafollette Avenue

2218 Lafollette Avenue, Madison, WI 53704
House in Fair Oaks
Sold Feb 01, 2021
$255,000
$191,250 by Newrez Llc
Mortgage
Sold Sep 19, 2017
Transfer
2218 Lafollette Avenue 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 1904 and is 120 years old. However, we must point out that the home was most recently renovated and altered in 1973. The home has a total of 10 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2218 Lafollette Avenue has 1,206 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 partial basement that is 572 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 linear feet between the front and back of the lot is 800 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 3,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 detached garage for those who require parking. The garage measured 216 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and 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 alum/vinyl siding. While the interior walls have been made of plaster. 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. 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, 2218 Lafollette Avenue sold most recently in Jan 29, 2021 for a total of $255,000. If you work out the math, that's approximately a cost of $143.42 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 $9,776 in taxes each year. 2218 Lafollette Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $265,000. If we break it down further, the land itself was valued at $83,800. Improvements to the property, however, were assessed at a total of $181,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • 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: Partial basement
  • Basement Area: 572
  • Parking Type: Unimproved
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,200
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,778
  • Gross Building Area: 1,814
  • Building Area: 1,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,206
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIR OAKS
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIR OAKS W 40 FT OF LOTS 6 & 7, BLOCK 6

Ownership

  • Current Owner : BAILEY CHERYL L
  • Previous Owner : ONEILL PORTER
  • Owner Before Previous Owner: ONEIL ALLISON PORTER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 9
  • Census Tract: 002000

Zoning

  • Zoning: TR-V1

Geography

  • Parcel: 0710-064-0312-6
  • Block: 6
  • Lot: 6,7
  • Meridian: SEC 06 QTR 4 TWN 07N RNG 10E
  • Municipality: CITY OF MADISON
  • Latitude: 43.097
  • Longitude: -89.3489

    Address

  • Full Address: 2218 La Follette Ave
  • Address - House Number: 2218
  • Address - Street Name: La Follette
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Madison
  • Carrier Code: C025
  • 4-Digit Zip Code: 5445
  • Zip Code: 53704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,776
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 360,058
  • High Value: 419,878
  • Low Value: 300,237

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,250
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $191,250
  • 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: $265,000
  • Assessed Land Value: $83,800
  • Assessed Improvements Value: $181,200

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Transaction ID: 11816551051
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5689805
  • Previous Sale Recording Date: Sep 19, 2017
  • Previous Sale Contract Date: Sep 18, 2017
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Feb 01, 2021
  • First Mortgage Loan Amount: $191,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Fair Oaks



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Frequently Asked Questions

What neighborhood is 2218 Lafollette Avenue located in?
The 2218 Lafollette Avenue is a house located in the neighborhood of Fair Oaks in Fair Oaks, Madison.
What is the average sales price for listings in 2218 Lafollette Avenue?
The average sales price for units in 2218 Lafollette Avenue is $0 currently.

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