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501 East Madison Avenue

501 East Madison Avenue, Riverton, WY 82501
House in Fremont
Sold Jan 27, 2020
$125,500
$100,404 by First Interstate Bank
Mortgage Due Feb 01, 2050
Sold Jun 06, 2019
$154,081
501 East Madison Avenue has been categorized by the local assessors in Riverton, WY as a residential type of property. The building on the property was first built in 1918 and is 106 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 is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 501 East Madison Avenue has 1,126 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 10,500 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. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing a forced air unit. 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, 501 East Madison Avenue sold most recently in Dec 11, 2019 for a total of $125,500. If you work out the math, that's approximately a cost of $111.46 per sqft. Before that, the property was also sold for $154,081 in May 28, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,493 in taxes each year. 501 East Madison Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,703. If we break it down further, the land itself was valued at $3,384. Improvements to the property, however, were assessed at a total of $15,319. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 858
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Total Building Area: 1,126
  • Building Area: 1,126
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,126
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL TOWN OF RIVERTON
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORIGINAL TOWN OF RIVERTON BLK 45: WEST 25' LOT 5 & ALL LOT 6 QCD 2020-1423343

Ownership

  • Current Owner : HINKLE STEVEN
  • Previous Owner : WYOMING COMMUNITY DEVELOPMENT AUTHORITY
  • Owner Before Previous Owner: COLE SHERIDAN
  • Owner Before Previous Owner 2: FIRST INTERSTATE BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fremont County School District 25
  • Census Tract: 940500

Geography

  • Account Number: R0021376
  • Parcel: 10-9114-34-1-47-005.00
  • Block: 45
  • Lot: 6,5FR
  • Municipality: CITY OF RIVERTON
  • Latitude: 43.0203
  • Longitude: -108.385

    Address

  • Full Address: 501 E Madison Ave
  • Address - House Number: 501
  • Street Direction: E
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: WY
  • City Name: Riverton
  • Carrier Code: C008
  • 4-Digit Zip Code: 4632
  • Zip Code: 82501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,493
  • Tax Rate Code Area: 2550

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 219,539
  • High Value: 276,813
  • Low Value: 162,264

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,404
  • First Open Lien Mortgage Lender: FIRST INTERSTATE BANK
  • First Open Lien Mortgage Recording Date: Jan 27, 2020
  • First Open Lien Mortgage Loan Amount: $100,404
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $196,885
  • Market Land Value: $35,625
  • Market Improvement Value: $161,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,703
  • Assessed Land Value: $3,384
  • Assessed Improvements Value: $15,319

    Sales

  • Current Sale Contract Date: Dec 11, 2019
  • Current Sale Recording Date: Jan 27, 2020
  • Current Sale Transaction ID: 11720714101
  • Current Sale Price: $125,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020-1415752
  • Previous Sale Recording Date: Jun 06, 2019
  • Previous Sale Contract Date: May 28, 2019
  • Previous Sale Amount: $154,081
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST INTERSTATE BANK
  • First Mortgage Transaction Date: Jan 27, 2020
  • First Mortgage Loan Amount: $100,404
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

About Riverton



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Frequently Asked Questions

What neighborhood is 501 East Madison Avenue located in?
The 501 East Madison Avenue is a house located in the neighborhood of Fremont in Riverton, Riverton.
What is the average sales price for listings in 501 East Madison Avenue?
The average sales price for units in 501 East Madison Avenue is $0 currently.

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