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541 Orchard Drive

541 Orchard Drive, Madison, WI 53711
Property in Midvale Heights
Sold Sep 21, 2021
$420,000
$336,000 by Us Bank Na
Mortgage
Local assessors in Madison, WI have categorized 541 Orchard Drive as a residential type of property. The home was built in 1959 and is 65 years old. It was most recently renovated and altered in 1983. The property's lot size has been calculated to be 10,212 square feet. The linear feet between the front and back of the lot was measured at 1,380 ft and the front of the lot was measured at 740 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 8 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 3 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 541 Orchard Drive has a total of 1,807 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 1,360 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 505 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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. 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, 541 Orchard Drive was last sold in Sep 17, 2021 for $420,000. According to our calculations, that's $123.24 per sqft. Current property owners are expected to pay $15,721 in taxes per year. The property on 541 Orchard Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $415,000. To break that down further, the land itself was valued at $111,100. While improvements to the property were assessed at a total of $303,900. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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.

Building Features

Exterior

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,360
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 505
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,212
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 740
  • Total Building Area: 3,408
  • Gross Building Area: 3,408
  • Building Area: 1,807
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,807
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ASSESSORS PLAT 3 OF OAK PARK HEIGHTS N
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ASSESSORS PLAT #3 OF OAK PARK HEIGHTS N 1/2 OF W 1/2 OF LOT 34

Ownership

  • Current Owner : SALISBURY JUSTIN
  • Current Owner 2: SALISBURY MARY
  • Previous Owner : HAUGEN BEVERLY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: SR-C1

Geography

  • Parcel: 0709-292-1911-5
  • Lot: 34
  • Meridian: SEC 29 QTR 2 TWN 07N RNG 09E
  • Municipality: CITY OF MADISON
  • Latitude: 43.054
  • Longitude: -89.4558

    Address

  • Full Address: 541 Orchard Dr
  • Address - House Number: 541
  • 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: $15,721
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 524,312
  • High Value: 611,422
  • Low Value: 437,203

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $336,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $336,000
  • 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: $415,000
  • Assessed Land Value: $111,100
  • Assessed Improvements Value: $303,900

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11858695461
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5772752

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 541 Orchard Drive located in?
The 541 Orchard Drive is a located in the neighborhood of Midvale Heights in Midvale Heights, Madison.
What is the average sales price for listings in 541 Orchard Drive?
The average sales price for units in 541 Orchard Drive is $0 currently.

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