1842 Spohn Ave Madison, WI 53704
Sherman NeighborhoodEstimated payment $1,073/month
About This Lot
Discover a rare development opportunity on Madison’s north side with this 40’ x 120’ vacant lot. Conveniently located near parks, schools, shopping, and major commuter routes, this property offers both flexibility and potential. Zoned for residential use, the parcel allows for a triplex, duplex, or single-family home, making it an excellent option for builders, investors, or anyone looking to design their dream property. With city utilities available at the street, the lot is ready for your vision. Whether you’re looking to create a multi-unit rental property or a custom single-family residence, this lot provides the foundation for your next project in one of Madison’s established neighborhoods.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,115
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x120
- Level Lot
- Property is zoned TR-C4
Location
- Property is near a bus stop
Schools
- Emerson Elementary School
- Sherman Middle School
- East High School
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0810-312-1611-3
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,231 | $63,000 | $63,000 | -- |
| 2023 | $1,047 | $57,300 | $57,300 | $0 |
| 2021 | $1,122 | $43,800 | $43,800 | $0 |
| 2020 | $937 | $41,700 | $41,700 | $0 |
| 2019 | $914 | $40,500 | $40,500 | $0 |
| 2018 | $563 | $25,000 | $25,000 | $0 |
| 2017 | $849 | $36,400 | $36,400 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2025 08/16/25 | For Sale | $179,900 | +344.2% | -- |
| 08/17/2018 08/17/18 | Sold | $40,500 | +1.5% | -- |
| 07/24/2018 07/24/18 | Pending | -- | -- | -- |
| 07/19/2018 07/19/18 | For Sale | $39,900 | +59.6% | -- |
| 10/31/2017 10/31/17 | Sold | $25,000 | -49.9% | -- |
| 10/12/2017 10/12/17 | Pending | -- | -- | -- |
| 12/06/2016 12/06/16 | For Sale | $49,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $40,500 | None Available | |
| Deed | $25,000 | -- | |
| Warranty Deed | $175,900 | None Available | |
| Warranty Deed | $260,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $174,000 | Unknown | |
| Previous Owner | $208,000 | Unknown |
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2006765
APN: 0810-312-1611-3
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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