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5502 Kroncke Drive

5502 Kroncke Drive, Madison, WI 53711
House in Meadowood
Sold Jun 25, 2020
$300,000
$210,000 by Das Acquisition Co Llc
Mortgage
5502 Kroncke Drive 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 1965 and is 59 years old. However, we must point out that the home was most recently renovated and altered in 1989. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 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, 5502 Kroncke Drive has 1,403 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 1,012 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 11,850 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 440 sqft. According to our sources, there are a total of 2 available parking spaces. 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. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 5502 Kroncke Drive sold most recently in Jun 24, 2020 for a total of $300,000. If you work out the math, that's approximately a cost of $117.55 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 $12,909 in taxes each year. 5502 Kroncke Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $330,000. If we break it down further, the land itself was valued at $81,400. Improvements to the property, however, were assessed at a total of $248,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Brick Exterior / Wood Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 1,012
  • Parking Type: Built-in
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,850
  • Total Building Area: 2,552
  • Gross Building Area: 2,744
  • Building Area: 1,403
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,403
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MANOR GREEN ADDITION TO MEADOWOOD
  • Land Acres: 0.272
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MANOR GREEN ADDITION TO MEADOWOOD, BLK 2, LOT 13.

Ownership

  • Current Owner : SQUIRE KENNETH
  • Current Owner 2: SQUIRE EILEEN
  • Previous Owner : UNWIN JILL G
  • Previous Owner 2: UNWIN LEE A

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 14
  • Census Tract: 000501

Zoning

  • Zoning: SR-C1

Geography

  • Parcel: 0609-061-0613-8
  • Block: 2
  • Lot: 13
  • Meridian: SEC 06 QTR 1 TWN 06N RNG 09E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0279
  • Longitude: -89.4731

    Address

  • Full Address: 5502 Kroncke Dr
  • Address - House Number: 5502
  • Address - Street Name: Kroncke
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Madison
  • Carrier Code: C021
  • 4-Digit Zip Code: 3541
  • Zip Code: 53711

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,909
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 397,305
  • High Value: 461,097
  • Low Value: 333,513

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: DAS ACQUISITION CO LLC
  • First Open Lien Mortgage Recording Date: Jun 25, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $210,000
  • 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: $330,000
  • Assessed Land Value: $81,400
  • Assessed Improvements Value: $248,600

    Sales

  • Current Sale Contract Date: Jun 24, 2020
  • Current Sale Recording Date: Jun 25, 2020
  • Current Sale Transaction ID: 11770285015
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5605444

    Last Sale Mortgage

  • First Mortgage Lender: DAS ACQUISITION CO LLC
  • First Mortgage Transaction Date: Jun 25, 2020
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Meadowood



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Frequently Asked Questions

What neighborhood is 5502 Kroncke Drive located in?
The 5502 Kroncke Drive is a house located in the neighborhood of Meadowood in Meadowood, Madison.
What is the average sales price for listings in 5502 Kroncke Drive?
The average sales price for units in 5502 Kroncke Drive is $0 currently.

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