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402 Molly Lane

402 Molly Lane, Cottage Grove, WI 53527
Sold Nov 01, 2021
$489,000
$365,000 by United Wholesale Mortgage
Mortgage
Sold May 06, 2021
$94,900
Local assessors in Cottage Grove, WI have categorized 402 Molly Lane as a residential type of property. The property's lot size has been calculated to be 10,498 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 402 Molly Lane was last sold in Oct 28, 2021 for $489,000. Prior to that sales transaction, the property was sold for $94,900 in Apr 28, 2021. Current property owners are expected to pay $8,870 in taxes per year. The property on 402 Molly Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $444,500. To break that down further, the land itself was valued at $85,000. While improvements to the property were assessed at a total of $359,500. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • 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: QUARRY RIDGE ESTATES FIRST ADDN
  • Land Acres: 0.241
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: QUARRY RIDGE ESTATES FIRST ADDN LOT 107

Ownership

  • Current Owner : WANG YUANBO
  • Current Owner 2: SUN QING
  • Previous Owner : BILL WEBER JR HOMES INC
  • Owner Before Previous Owner: A & N MANAGEMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monona Grove School District
  • School Tax School District: MONONA GROVE SD
  • Census Tract: 012004

Geography

  • Parcel: 0711-044-0747-1
  • Block: 07
  • Lot: 107
  • Meridian: SEC 04 TWN 07N RNG 11E
  • Municipality: VILLAGE OF COTTAGE GROVE
  • Latitude: 43.0987
  • Longitude: -89.1928

    Address

  • Full Address: 402 Molly Ln
  • Address - House Number: 402
  • Address - Street Name: Molly
  • Address - Suffix Type: Ln
  • State: WI
  • City Name: Cottage Grove
  • Carrier Code: R005
  • 4-Digit Zip Code: 8972
  • Zip Code: 53527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,870
  • Tax Rate Code Area: 112

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 605,161
  • High Value: 691,078
  • Low Value: 519,244

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $365,000
  • 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: $87,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $444,500
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $359,500

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11864544800
  • Current Sale Price: $489,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5785098
  • Previous Sale Recording Date: May 06, 2021
  • Previous Sale Contract Date: Apr 28, 2021
  • Previous Sale Amount: $94,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $365,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Quarry Ridge Estates



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Nearby Rentals

Unit for rent at 1400 N Windsor Ave, Cottage Grove, WI, 53527

$2,095 /mo

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  • 2 Baths
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1400 N Windsor Ave #1400 N Windsor Ave, Unit 101, Cottage Grove, WI, 53527 Listing by Manager
Unit for rent at 1300 N Windsor Ave, Cottage Grove, WI, 53527

$2,095 /mo

  • 3 Beds
  • 2 Baths
  • 1,092 ft²
1300 N Windsor Ave #1300 N Windsor Ave, Unit 105, Cottage Grove, WI, 53527 Listing by Manager

Frequently Asked Questions

What neighborhood is 402 Molly Lane located in?
The 402 Molly Lane is a located in the neighborhood of Quarry Ridge Estates in Quarry Ridge Estates, Cottage Grove.
What is the average sales price for listings in 402 Molly Lane?
The average sales price for units in 402 Molly Lane is $0 currently.

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