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2705 Commercial Avenue

2705 Commercial Avenue, Madison, WI 53704
Property in Eken Park
Sold Apr 22, 2015
$159,900
2705 Commercial Avenue in Madison, WI was first built in 1931 and is 93 years old. Although, the building on the property was most recently renovated and altered in 1970. 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 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2705 Commercial Avenue has 1,102 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 551 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 370 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 4,070 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. 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. 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, 2705 Commercial Avenue sold most recently in Apr 16, 2015 for a total of $159,900. If you work out the math, that's approximately a cost of $96.73 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 $9,646 in taxes each year. 2705 Commercial Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $261,700. If we break it down further, the land itself was valued at $61,000. Improvements to the property, however, were assessed at a total of $200,700. 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: 1931
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Full basement
  • Basement Area: 551
  • Parking Type: Built-in
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,070
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,653
  • Gross Building Area: 1,653
  • Building Area: 1,102
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,102
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTH LAWN
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH LAWN, LOT 14, BLOCK 1

Ownership

  • Current Owner : NIELSEN DAVID
  • Previous Owner : MUNZ JACOB P
  • Previous Owner 2: MUNZ BETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 10
  • Census Tract: 002100

Zoning

  • Zoning: TR-C4

Geography

  • Parcel: 0710-061-0205-9
  • Block: 1
  • Lot: 14
  • Meridian: SEC 06 QTR 1 TWN 07N RNG 10E
  • Municipality: CITY OF MADISON
  • Latitude: 43.1066
  • Longitude: -89.3472

    Address

  • Full Address: 2705 Commercial Ave
  • Address - House Number: 2705
  • Address - Street Name: Commercial
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Madison
  • Carrier Code: C014
  • 4-Digit Zip Code: 4820
  • Zip Code: 53704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,646
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 318,514
  • High Value: 375,986
  • Low Value: 261,043

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $261,700
  • Assessed Land Value: $61,000
  • Assessed Improvements Value: $200,700

    Sales

  • Current Sale Contract Date: Apr 16, 2015
  • Current Sale Recording Date: Apr 22, 2015
  • Current Sale Transaction ID: 1224666610
  • Current Sale Price: $159,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5145251

    Last Sale Mortgage

  • First Mortgage Lender: HEARTLAND CU
  • First Mortgage Transaction Date: Apr 22, 2015
  • First Mortgage Loan Amount: $155,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2045
  • Second Mortgage Lender: WISCONSIN HOUSING & ECONOMIC D
  • Second Mortgage Loan Amount: $4,700
  • Second Mortgage Terms: 120
  • Second Mortgage Loan Due Date: Apr 26, 2025

About Eken Park



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Frequently Asked Questions

What neighborhood is 2705 Commercial Avenue located in?
The 2705 Commercial Avenue is a located in the neighborhood of Eken Park in Eken Park, Madison.
What is the average sales price for listings in 2705 Commercial Avenue?
The average sales price for units in 2705 Commercial Avenue is $0 currently.

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