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7121 Farmington Way

7121 Farmington Way, Madison, WI 53717
Property in Walnut Grove
Sold Jul 19, 2021
$442,000
$419,900 by Thompson Kane & Co Llc
Mortgage
Sold Apr 30, 2013
$274,000
$260,300 by Wells Fargo Bank Na
Mortgage Due May 01, 2043
7121 Farmington Way 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 1977 and is 47 years old. However, we must point out that the home was most recently renovated and altered in 1994. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7121 Farmington Way has 2,250 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 full basement that is 1,174 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 10,467 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying 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 alum/vinyl siding. 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. 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. The property was last sold in Jul 13, 2021 for $442,000. That's $111.84 per sqft. Prior to that sales transaction, the property was also sold in Apr 26, 2013 for $274,000. 7121 Farmington Way was last assessed in 2022. The total value of the property was assessed at $442,000. Specifically, the land the property is located on was valued at $113,700. While improvements on the property were assessed at a total of $328,300. 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 $16,791. 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. 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
Vinyl Siding
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,174
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,467
  • Total Building Area: 3,952
  • Gross Building Area: 3,952
  • Building Area: 2,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FARMINGTON ADDITION TO WALNUT GROVE
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FARMINGTON ADDITION TO WALNUT GROVE, LOT 227.

Ownership

  • Current Owner : COMPTON ALEX
  • Previous Owner : CONRAD JEFFREY G
  • Previous Owner 2: CONRAD GRETCHEN A
  • Owner Before Previous Owner: HANSON JEAN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Parcel: 0708-231-0506-4
  • Lot: 227
  • Meridian: SEC 23 QTR 1 TWN 07N RNG 08E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0708
  • Longitude: -89.5067

    Address

  • Full Address: 7121 Farmington Way
  • Address - House Number: 7121
  • Address - Street Name: Farmington
  • Address - Suffix Type: Way
  • State: WI
  • City Name: Madison
  • Carrier Code: C042
  • 4-Digit Zip Code: 1305
  • Zip Code: 53717

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,791
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 523,056
  • High Value: 604,774
  • Low Value: 441,338

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $419,900
  • First Open Lien Mortgage Lender: THOMPSON KANE & CO LLC
  • First Open Lien Mortgage Recording Date: Jul 19, 2021
  • First Open Lien Mortgage Loan Amount: $419,900
  • 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: $442,000
  • Assessed Land Value: $113,700
  • Assessed Improvements Value: $328,300

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Transaction ID: 11844793716
  • Current Sale Price: $442,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5751681
  • Previous Sale Recording Date: Apr 30, 2013
  • Previous Sale Contract Date: Apr 26, 2013
  • Previous Sale Amount: $274,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THOMPSON KANE & CO LLC
  • First Mortgage Transaction Date: Jul 19, 2021
  • First Mortgage Loan Amount: $419,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 30, 2013
  • Previous Mortgage Loan Amount: $260,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2043

About Walnut Grove



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Frequently Asked Questions

What neighborhood is 7121 Farmington Way located in?
The 7121 Farmington Way is a located in the neighborhood of Walnut Grove in Walnut Grove, Madison.
What is the average sales price for listings in 7121 Farmington Way?
The average sales price for units in 7121 Farmington Way is $0 currently.

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