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2916 Richardson Street

2916 Richardson Street, Madison, WI 53711
Sold Sep 14, 2020
$426,000
$340,800 by Better Mortgage Corp
Mortgage
Sold Jun 09, 2010
$316,000
$252,800 by Johnson Bank
Mortgage Due Jul 01, 2040
Local assessors in Madison, WI have categorized 2916 Richardson Street as a residential type of property. The property's lot size has been calculated to be 11,979 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 2916 Richardson Street sold most recently in Sep 4, 2020 for a total of $426,000. Before that, the property was also sold for $316,000 in Jun 7, 2010. 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 $8,087 in taxes each year. 2916 Richardson Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $437,800. If we break it down further, the land itself was valued at $86,400. Improvements to the property, however, were assessed at a total of $351,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEMINOLE RIDGE
  • Land Acres: 0.275
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: SEMINOLE RIDGE LOT 114

Ownership

  • Current Owner : SCHAUT CHRISTOPHER R
  • Previous Owner : LOU XUELIN
  • Previous Owner 2: FAN SARAH
  • Owner Before Previous Owner: SULLIVAN MICHAEL P
  • Owner Before Previous Owner 2: SULLIVAN KATHY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: MADISON METRO
  • Census Tract: 010701

Geography

  • Assessors Map Reference: MB 215465
  • Parcel: 0609-092-1144-5
  • Block: 11
  • Lot: 114
  • Meridian: SEC 09 TWN 06N RNG 09E
  • Municipality: CITY OF FITCHBURG
  • Latitude: 43.0134
  • Longitude: -89.4394

    Address

  • Full Address: 2916 Richardson St
  • Address - House Number: 2916
  • Address - Street Name: Richardson
  • Address - Suffix Type: St
  • State: WI
  • City Name: Fitchburg
  • Carrier Code: R015
  • 4-Digit Zip Code: 5289
  • Zip Code: 53711

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,087
  • Tax Rate Code Area: 225

    Appraisal Valuation

  • Standard Deviation: 0.1411
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 568,046
  • High Value: 648,221
  • Low Value: 487,871

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,800
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Loan Amount: $340,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $391,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $437,800
  • Assessed Land Value: $86,400
  • Assessed Improvements Value: $351,400

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11788226719
  • Current Sale Price: $426,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5636175
  • Previous Sale Recording Date: Jun 09, 2010
  • Previous Sale Contract Date: Jun 07, 2010
  • Previous Sale Amount: $316,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $340,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: JOHNSON BANK
  • Previous Mortgage Transaction Date: Jun 09, 2010
  • Previous Mortgage Loan Amount: $252,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2040

About Chapel Valley



Similar Buildings

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Nearby Rentals

Unit for rent at 2443 Wildcat Drive, Fitchburg, WI, 53711

$2,450 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,403 ft²
2443 Wildcat Drive, Fitchburg, WI, 53711 Listing by Peiling Fan

Frequently Asked Questions

What neighborhood is 2916 Richardson Street located in?
The 2916 Richardson Street is a house located in the neighborhood of Chapel Valley in Chapel Valley, Madison.
What is the average sales price for listings in 2916 Richardson Street?
The average sales price for units in 2916 Richardson Street is $0 currently.

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