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5306 Raymond Road

5306 Raymond Road, Madison, WI 53711
Sold May 12, 2022
$475,000
$380,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2052
Sold Aug 31, 2016
$280,000
5306 Raymond Road 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 1946 and is 78 years old. However, we must point out that the home was most recently renovated and altered in 1974. The home has a total of 11 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 5306 Raymond Road has 2,410 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 856 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 31,623 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 attached garage for those who require parking. The garage measured 264 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 roof of the building is made of asphalt. The exterior walls of the building are made of rock and stone. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 5306 Raymond Road sold most recently in May 6, 2022 for a total of $475,000. If you work out the math, that's approximately a cost of $153.97 per sqft. Before that, the property was also sold for $280,000 in Aug 30, 2016. 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 $14,694 in taxes each year. 5306 Raymond Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $389,100. If we break it down further, the land itself was valued at $137,000. Improvements to the property, however, were assessed at a total of $252,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Stone Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Rock and stone
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 856
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 31,623
  • Total Building Area: 3,085
  • Gross Building Area: 3,345
  • Building Area: 2,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CERTIFIED SURVEY MAP NO 12326 AS
  • Land Acres: 0.726
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CERTIFIED SURVEY MAP NO 12326 AS RECORDED IN DANE COUNTY REGISTER OF DEEDS IN VO L 76 PAGE 233 OF CERTIFIED SURVEYS, LOT 2.

Ownership

  • Current Owner : GRIFFETH SIMON D
  • Current Owner 2: MATHOS CARRIE L
  • Previous Owner : MCHUGH SELENE E
  • Owner Before Previous Owner: RUTH D ST JOHN LIVING TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 5
  • Census Tract: 000501

Zoning

  • Zoning: SR-C1

Geography

  • Parcel: 0709-314-1129-6
  • Lot: 76
  • Meridian: SEC 31 QTR 4 TWN 07N RNG 09E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0322
  • Longitude: -89.4711

    Address

  • Full Address: 5306 Raymond Rd
  • Address - House Number: 5306
  • Address - Street Name: Raymond
  • Address - Suffix Type: Rd
  • State: WI
  • City Name: Madison
  • Carrier Code: C020
  • 4-Digit Zip Code: 4307
  • Zip Code: 53711

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,694
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 494,156
  • High Value: 576,256
  • Low Value: 412,057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 12, 2022
  • First Open Lien Mortgage Loan Amount: $380,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $389,100
  • Assessed Land Value: $137,000
  • Assessed Improvements Value: $252,100

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Transaction ID: 11887423402
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5833011
  • Previous Sale Recording Date: Aug 31, 2016
  • Previous Sale Contract Date: Aug 30, 2016
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 12, 2022
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jun 01, 2052

About Orchard Ridge



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512 S. Yellowstone Drive #512 S. Yellowstone Drive #202, Madison, WI, 53719 Listing by The Marquee

Frequently Asked Questions

What neighborhood is 5306 Raymond Road located in?
The 5306 Raymond Road is a house located in the neighborhood of Orchard Ridge in Orchard Ridge, Madison.
What is the average sales price for listings in 5306 Raymond Road?
The average sales price for units in 5306 Raymond Road is $0 currently.

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