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4908 Wallace Avenue

4908 Wallace Avenue, Madison, WI 53716
House in Elmhurst
Sold Jan 29, 2007
$182,000
$221,400 by University Of Wisconsin Cu
Mortgage Due Sep 01, 2051
4908 Wallace 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 1962 and is 62 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4908 Wallace Avenue has 1,328 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,845 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 26, 2007 for $182,000. That's $137.05 per sqft. 4908 Wallace Avenue was last assessed in 2022. The total value of the property was assessed at $292,100. Specifically, the land the property is located on was valued at $68,900. While improvements on the property were assessed at a total of $223,200. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,140. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1962
  • Effective Year Built: 1962
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,845
  • Total Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,328
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELLESTADS FIRST ADDN
  • Land Acres: 0.226
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: ELLESTADS FIRST ADDN LOT 16

Ownership

  • Current Owner : HAMEL JARED R
  • Current Owner 2: HAMEL ALENE A
  • Previous Owner : OLDHAM SUSAN CARNEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monona Grove School District
  • School Tax School District: MONONA GROVE SD
  • Census Tract: 010300

Geography

  • Assessors Map Reference: MB 57700
  • Parcel: 0710-174-1096-0
  • Block: 10
  • Lot: 16
  • Meridian: SEC 17 TWN 07N RNG 10E
  • Municipality: CITY OF MONONA
  • Latitude: 43.0664
  • Longitude: -89.3281

    Address

  • Full Address: 4908 Wallace Ave
  • Address - House Number: 4908
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Madison
  • Carrier Code: C010
  • 4-Digit Zip Code: 2656
  • Zip Code: 53716

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,140
  • Tax Rate Code Area: 258

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 392,215
  • High Value: 455,918
  • Low Value: 328,512

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $271,400
  • First Open Lien Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • First Open Lien Mortgage Recording Date: Aug 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $221,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: UW CU
  • Second Open Lien Mortgage Recording Date: Aug 21, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 21, 2053

    Market Valuation

  • Market Total Value: $273,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $292,100
  • Assessed Land Value: $68,900
  • Assessed Improvements Value: $223,200

    Sales

  • Current Sale Contract Date: Jan 26, 2007
  • Current Sale Recording Date: Jan 29, 2007
  • Current Sale Transaction ID: 1164516397
  • Current Sale Price: $182,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 4275301

    Last Sale Mortgage

  • First Mortgage Lender: MONONA STATE BANK
  • First Mortgage Transaction Date: Jan 29, 2007
  • First Mortgage Loan Amount: $142,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2037

About Elmhurst



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Frequently Asked Questions

What neighborhood is 4908 Wallace Avenue located in?
The 4908 Wallace Avenue is a house located in the neighborhood of Elmhurst in Elmhurst, Madison.
What is the average sales price for listings in 4908 Wallace Avenue?
The average sales price for units in 4908 Wallace Avenue is $0 currently.

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