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401 East Washington Avenue

401 East Washington Avenue, Madison, WI 53703
Property in First Settlement
401 East Washington Avenue in Madison, WI was first built in 1900 and is 124 years old. This has been categorized as a commercial property type. It is a single story home. 401 East Washington Avenue has 3,250 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. In total, the area measurement of the land is 3,960 square feet.

Learn more about the property and building on this page. The home has a gable style roof 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 condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 no 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, 401 East Washington Avenue sold most recently in Dec 30, 2021 for a total of $332,000. If you work out the math, that's approximately a cost of $102.15 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 $14,284 in taxes each year. 401 East Washington Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $332,000. If we break it down further, the land itself was valued at $175,000. Improvements to the property, however, were assessed at a total of $157,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 2,760
  • Parking Type: Built-in
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,960
  • Total Building Area: 3,250
  • Gross Building Area: 3,250
  • Building Area: 3,250
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: ORIGINAL PLAT, BLK 267, SW 60 FT OF
  • Land Acres: 0.091
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: ORIGINAL PLAT, BLK 267, SW 60 FT OF LOT 1.

Ownership

  • Current Owner : 401 E WASHINGTON LLC
  • Previous Owner : GARGANO PROPERTIES-BELLINI LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 5
  • Census Tract: 001706

Zoning

  • Zoning: HIS-FS

Geography

  • Parcel: 0709-133-1904-6
  • Block: 267
  • Lot: 1
  • Meridian: SEC 13 QTR 3 TWN 07N RNG 09E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0773
  • Longitude: -89.3799

    Address

  • Full Address: 401 E Washington Ave
  • Address - House Number: 401
  • Street Direction: E
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Madison
  • Carrier Code: C002
  • 4-Digit Zip Code: 2805
  • Zip Code: 53703

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,284
  • Tax Rate Code Area: 60

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,625
  • First Open Lien Mortgage Lender: BANK OF NEW GLARUS
  • First Open Lien Mortgage Recording Date: Jan 04, 2022
  • First Open Lien Mortgage Loan Amount: $650,625
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $332,000
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $157,000

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Jan 04, 2022
  • Current Sale Transaction ID: 11876765972
  • Current Sale Price: $332,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5802435

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF NEW GLARUS
  • First Mortgage Transaction Date: Jan 04, 2022
  • First Mortgage Loan Amount: $650,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 401 East Washington Avenue located in?
The 401 East Washington Avenue is a located in the neighborhood of First Settlement in Downtown Madison, Madison.
What is the average sales price for listings in 401 East Washington Avenue?
The average sales price for units in 401 East Washington Avenue is $0 currently.

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