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517 Orchard Drive

517 Orchard Drive, Madison, WI 53711
Property in Midvale Heights
Sold Dec 07, 2021
$306,000
$244,800 by Capitol Bank
Mortgage
Local assessors in Madison, WI have categorized 517 Orchard Drive as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 9,082 square feet. The linear feet between the front and back of the lot was measured at 1,376 ft and the front of the lot was measured at 660 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 517 Orchard Drive has a total of 1,424 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 953 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 264 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 517 Orchard Drive sold most recently in Dec 3, 2021 for a total of $306,000. If you work out the math, that's approximately a cost of $141.01 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 $11,401 in taxes each year. 517 Orchard Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $306,000. If we break it down further, the land itself was valued at $100,600. Improvements to the property, however, were assessed at a total of $205,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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

Aluminum Siding

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 953
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,082
  • Lot Size Depth Feet: 1,376
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,170
  • Gross Building Area: 2,170
  • Building Area: 1,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAK PARK HEIGHTS
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK PARK HEIGHTS N 1/2 OF W 1/2 OF LOT 31

Ownership

  • Current Owner : GIBBONS ROBERT
  • Current Owner 2: MANDARINO DEBRA
  • Previous Owner : SUNDBY JON W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 38
  • Census Tract: 000401

Zoning

  • Zoning: SR-C1

Geography

  • Parcel: 0709-292-1906-6
  • Lot: 31
  • Meridian: SEC 29 QTR 2 TWN 07N RNG 09E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0551
  • Longitude: -89.4558

    Address

  • Full Address: 517 Orchard Dr
  • Address - House Number: 517
  • Address - Street Name: Orchard
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Madison
  • Carrier Code: C014
  • 4-Digit Zip Code: 1316
  • Zip Code: 53711

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,401
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 405,636
  • High Value: 470,766
  • Low Value: 340,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,800
  • First Open Lien Mortgage Lender: CAPITOL BANK
  • First Open Lien Mortgage Recording Date: Dec 07, 2021
  • First Open Lien Mortgage Loan Amount: $244,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $306,000
  • Assessed Land Value: $100,600
  • Assessed Improvements Value: $205,400

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Transaction ID: 11873694542
  • Current Sale Price: $306,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5795225

    Last Sale Mortgage

  • First Mortgage Lender: CAPITOL BANK
  • First Mortgage Transaction Date: Dec 07, 2021
  • First Mortgage Loan Amount: $244,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 517 Orchard Drive located in?
The 517 Orchard Drive is a located in the neighborhood of Midvale Heights in Midvale Heights, Madison.
What is the average sales price for listings in 517 Orchard Drive?
The average sales price for units in 517 Orchard Drive is $0 currently.

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