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1955 East Washington Avenue

1955 East Washington Avenue, Madison, WI 53704
Multifamily in Marquette
Sold Nov 18, 2020
$319,000
Sold Nov 18, 2015
$160,000
Local assessors in Madison, WI have categorized 1955 East Washington Avenue as a residential type of property. The home was built in 1904 and is 120 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 5,280 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 2 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 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1955 East Washington Avenue has a total of 1,771 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 823 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. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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 alum/vinyl siding 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. 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, 1955 East Washington Avenue sold most recently in Nov 16, 2020 for a total of $319,000. If you work out the math, that's approximately a cost of $122.98 per sqft. Before that, the property was also sold for $160,000 in Oct 21, 2015. 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 $13,815 in taxes each year. 1955 East Washington Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $366,900. If we break it down further, the land itself was valued at $61,800. Improvements to the property, however, were assessed at a total of $305,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 823
  • Parking Type: Unimproved
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,280
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,594
  • Gross Building Area: 2,684
  • Building Area: 1,771
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,771
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WAKELEY SUBD
  • Land Acres: 0.121
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: WAKELEY SUBD OF A PT OF BLKS 278,282,285 ,287,294 FARWELLS REP OF THE CITY OF MA D ISON, LOT 14, BLOCK 1

Ownership

  • Current Owner : LANCASTEER JACOB
  • Current Owner 2: COX CHELSEA
  • Previous Owner : SOLEIMANBEIGI ALI
  • Owner Before Previous Owner: POWEM TRACEY S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 10
  • Census Tract: 001902

Zoning

  • Zoning: TR-V1

Geography

  • Parcel: 0710-063-1207-0
  • Block: 278,2
  • Lot: 14
  • Meridian: SEC 06 QTR 3 TWN 07N RNG 10E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0932
  • Longitude: -89.3575

    Address

  • Full Address: 1955 E Washington Ave
  • Address - House Number: 1955
  • Street Direction: E
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Madison
  • Carrier Code: C001
  • 4-Digit Zip Code: 5203
  • Zip Code: 53704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,815
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.163
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 458,930
  • High Value: 533,777
  • Low Value: 384,083

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $366,900
  • Assessed Land Value: $61,800
  • Assessed Improvements Value: $305,100

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Transaction ID: 11802316102
  • Current Sale Price: $319,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5663263
  • Previous Sale Recording Date: Nov 18, 2015
  • Previous Sale Contract Date: Oct 21, 2015
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK FIVE NINE
  • First Mortgage Transaction Date: Nov 18, 2020
  • First Mortgage Loan Amount: $271,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Marquette



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1955 East Washington Avenue located in?
The 1955 East Washington Avenue is a multifamily located in the neighborhood of Marquette in Marquette, Madison.
What is the average sales price for listings in 1955 East Washington Avenue?
The average sales price for units in 1955 East Washington Avenue is $0 currently.

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