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505 Alan Drive

505 Alan Drive, Mount Horeb, WI 53572
Local assessors in Mount Horeb, WI have categorized 505 Alan Drive as a commercial type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 13,939 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 505 Alan Drive has a total of 6,720 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. 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, 505 Alan Drive was last sold in May 12, 2023 for $1,050,000. According to our calculations, that's $156.25 per sqft. Prior to that sales transaction, the property was sold for $800,000 in Oct 29, 2021. Current property owners are expected to pay $10,632 in taxes per year. The property on 505 Alan Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $513,500. To break that down further, the land itself was valued at $129,700. While improvements to the property were assessed at a total of $383,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 8
  • Business/Commerical Units Count: 8
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 6,720
  • Building Area: 6,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 6,720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: KARA VIEW HEIGHTS
  • Land Acres: 0.32
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: KARA VIEW HEIGHTS LOT 15

Ownership

  • Current Owner : HHW OF MADISON LLC
  • Previous Owner : 505 ALAN DRIVE LLC
  • Owner Before Previous Owner: VROOMAN DESIGN FARMS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mount Horeb Area School District
  • School Tax School District: MOUNT HOREB SD
  • Census Tract: 012800

Geography

  • Assessors Map Reference: MB 104300
  • Parcel: 0606-121-0255-3
  • Block: 02
  • Lot: 15
  • Meridian: SEC 12 TWN 06N RNG 06E
  • Municipality: VILLAGE OF MOUNT HOREB
  • Latitude: 43.0157
  • Longitude: -89.7253

    Address

  • Full Address: 505 Alan Dr
  • Address - House Number: 505
  • Address - Street Name: Alan
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Mount Horeb
  • Carrier Code: R004
  • 4-Digit Zip Code: 1852
  • Zip Code: 53572

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,632
  • Tax Rate Code Area: 157

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $735,000
  • First Open Lien Mortgage Lender: OAK BANK
  • First Open Lien Mortgage Recording Date: May 19, 2023
  • First Open Lien Mortgage Loan Amount: $735,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $616,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $513,500
  • Assessed Land Value: $129,700
  • Assessed Improvements Value: $383,800

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Transaction ID: 11906649791
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5902247
  • Previous Sale Recording Date: Nov 18, 2021
  • Previous Sale Contract Date: Oct 29, 2021
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OAK BANK
  • First Mortgage Transaction Date: May 19, 2023
  • First Mortgage Loan Amount: $735,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Previous Mortgages

  • Previous Mortgage Lender: ONE COMMUNITY BANK
  • Previous Mortgage Transaction Date: Nov 18, 2021
  • Previous Mortgage Loan Amount: $640,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Kara View Heights



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Nearby Rentals

Unit for rent at 1916 Eastwood Way, Mount Horeb, WI, 53572

$2,400 /mo

  • 3 Beds
  • 3 Baths
  • 2,859 ft²
1916 Eastwood Way, Mount Horeb, WI, 53572 Listing by Desi Gargano

Frequently Asked Questions

What neighborhood is 505 Alan Drive located in?
The 505 Alan Drive is a located in the neighborhood of Kara View Heights in Kara View Heights, Mount Horeb.
What is the average sales price for listings in 505 Alan Drive?
The average sales price for units in 505 Alan Drive is $0 currently.

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