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4553 Martha Lane

4553 Martha Lane, Madison, WI 53714
Property in Meadowood East
Sold May 27, 2014
$97,000
$92,150 by University Of Wisconsin Cu
Mortgage Due Jun 01, 2044
Sold May 22, 2007
$129,500
$103,600 by M & I Marshall & Ilsley Bank
Mortgage Due Jun 01, 2037
4553 Martha Lane in Madison, WI was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 4553 Martha Lane has 1,387 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 530 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 88,995 square feet.

Learn more about the property and building on this page. There is 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 240 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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. The property was last sold in May 22, 2014 for $97,000. That's $50.92 per sqft. Prior to that sales transaction, the property was also sold in May 8, 2007 for $129,500. 4553 Martha Lane was last assessed in 2022. The total value of the property was assessed at $165,200. Specifically, the land the property is located on was valued at $23,800. While improvements on the property were assessed at a total of $141,400. 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 $6,377. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Townhouse
  • 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: Partial basement
  • Basement Area: 530
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 88,995
  • Total Building Area: 1,905
  • Gross Building Area: 1,905
  • Building Area: 1,387
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,387
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STANTON SQUARE CONDOMINIUM
  • Land Acres: 2.043
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: UNIT 4553, STANTON SQUARE CONDOMINIUM, 1ST AMENDMENT, AND AN INTEREST IN THE COM MON AREAS, RECORDED IN DANE COUNTY REGISTER OF DEEDS IN VOL 10879 PAGE 61.

Ownership

  • Current Owner : JONES ROY R
  • Previous Owner : BRANDT KATHRYN L
  • Owner Before Previous Owner: ANDREWS HARLAN
  • Owner Before Previous Owner 2: ANDREWS KELLY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Metropolitan School District
  • School Tax School District: 17
  • Census Tract: 003001

Zoning

  • Zoning: SR-V2

Geography

  • Parcel: 0710-102-1822-2
  • Meridian: SEC 10 QTR 2 TWN 07N RNG 10E
  • Municipality: CITY OF MADISON
  • Latitude: 43.0854
  • Longitude: -89.3044

    Address

  • Full Address: 4553 Martha Ln
  • Address - House Number: 4553
  • Address - Street Name: Martha
  • Address - Suffix Type: Ln
  • State: WI
  • City Name: Madison
  • Carrier Code: C013
  • 4-Digit Zip Code: 3223
  • Zip Code: 53714

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,377
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 225,389
  • High Value: 265,090
  • Low Value: 185,688

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,150
  • First Open Lien Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • First Open Lien Mortgage Recording Date: May 27, 2014
  • First Open Lien Mortgage Loan Amount: $92,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2044

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $165,200
  • Assessed Land Value: $23,800
  • Assessed Improvements Value: $141,400

    Sales

  • Current Sale Contract Date: May 22, 2014
  • Current Sale Recording Date: May 27, 2014
  • Current Sale Transaction ID: 1164483063
  • Current Sale Price: $97,000
  • Current Sale Document Type: Condominium Deed
  • Current Sale Input Document Number: 5072104
  • Previous Sale Recording Date: May 22, 2007
  • Previous Sale Contract Date: May 08, 2007
  • Previous Sale Amount: $129,500
  • Previous Sale Document Type: Condominium Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • First Mortgage Transaction Date: May 27, 2014
  • First Mortgage Loan Amount: $92,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: M & I MARSHALL & ILSLEY BANK
  • Previous Mortgage Transaction Date: May 22, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $103,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2037

About Meadowood East



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Frequently Asked Questions

What neighborhood is 4553 Martha Lane located in?
The 4553 Martha Lane is a located in the neighborhood of Meadowood East in Meadowood East, Madison.
What is the average sales price for listings in 4553 Martha Lane?
The average sales price for units in 4553 Martha Lane is $0 currently.

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