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7013 Colony Drive

7013 Colony Drive, Madison, WI 53717
Property in Walnut Grove
Sold May 05, 2021
$390,000
$370,500 by Guild Mortgage Co
Mortgage
Sold May 07, 2019
$365,000
$292,000 by Dane County Cu
Mortgage
7013 Colony Drive in Madison, WI was first built in 1973 and is 51 years old. Although, the building on the property was most recently renovated and altered in 1989. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 11 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7013 Colony Drive has 3,228 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,740 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 11,298 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 600 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 21, 2021 for $390,000. That's $95.59 per sqft. Prior to that sales transaction, the property was also sold in Apr 12, 2019 for $365,000. 7013 Colony Drive was last assessed in 2022. The total value of the property was assessed at $390,000. Specifically, the land the property is located on was valued at $103,500. While improvements on the property were assessed at a total of $286,500. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,730. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1973
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,740
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,298
  • Total Building Area: 4,080
  • Gross Building Area: 4,304
  • Building Area: 3,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WALNUT GROVE
  • Land Acres: 0.259
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALNUT GROVE, LOT 4.

Ownership

  • Current Owner : SANDHEINRICH KATHERINE R
  • Current Owner 2: LEITHEISER PATRICK J
  • Previous Owner : OCONNELL SHAWN W
  • Previous Owner 2: OCONNELL NICOLE BORELLI
  • Owner Before Previous Owner: FRISCH ALICE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 21
  • Census Tract: 000204

Zoning

  • Zoning: SR-C1

Geography

  • Parcel: 0708-231-0104-6
  • Lot: 4
  • Meridian: SEC 23 QTR 1 TWN 07N RNG 08E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0681
  • Longitude: -89.5039

    Address

  • Full Address: 7013 Colony Dr
  • Address - House Number: 7013
  • Address - Street Name: Colony
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Madison
  • Carrier Code: C042
  • 4-Digit Zip Code: 1407
  • Zip Code: 53717

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,730
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1384
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 480,945
  • High Value: 547,528
  • Low Value: 414,362

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,500
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $370,500
  • 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: $390,000
  • Assessed Land Value: $103,500
  • Assessed Improvements Value: $286,500

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11834451169
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5725575
  • Previous Sale Recording Date: May 07, 2019
  • Previous Sale Contract Date: Apr 12, 2019
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $370,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: DANE COUNTY CU
  • Previous Mortgage Transaction Date: May 07, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $292,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Walnut Grove



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Nearby Rentals

Unit for rent at 7006 Longmeadow, Madison, WI, 53717

$2,600 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,850 ft²
7006 Longmeadow, Madison, WI, 53717 Listing by Cindy Heberling

Frequently Asked Questions

What neighborhood is 7013 Colony Drive located in?
The 7013 Colony Drive is a located in the neighborhood of Walnut Grove in Walnut Grove, Madison.
What is the average sales price for listings in 7013 Colony Drive?
The average sales price for units in 7013 Colony Drive is $0 currently.

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