NOT LISTED FOR SALE

501 W Washington Ave Unit 1 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $765,000 - $1,328,056

7 Beds
2 Baths
-- Sq Ft
2,962 Sq Ft Lot

About This Home

This home is located at 501 W Washington Ave Unit 1, Madison, WI 53703 and is currently estimated at $1,075,352. 501 W Washington Ave Unit 1 is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Langlois Joshua V
Bought by
Bassett & Wash Real Estate Llc
Current Estimated Value
$1,075,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,720,000
Outstanding Balance
$4,286,588
Interest Rate
2.96%
Mortgage Type
Commercial
Estimated Equity
-$3,211,236

Purchase Details

Closed on
Jul 21, 2021
Sold by
501 West Washington Llc
Bought by
Langlois Joshua V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,720,000
Outstanding Balance
$4,286,588
Interest Rate
2.96%
Mortgage Type
Commercial
Estimated Equity
-$3,211,236

Purchase Details

Closed on
Jan 12, 2017
Sold by
Richardson Dale K and Richardson Claudia R
Bought by
501 West Washington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2014
Sold by
Richardson Dale K
Bought by
501 West Washington Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bassett & Wash Real Estate Llc -- None Available
Langlois Joshua V -- None Available
501 West Washington Llc -- None Available
501 West Washington Llc $550,000 Preferred Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassett & Wash Real Estate Llc $4,720,000
Previous Owner 501 West Washington Llc $525,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $19,401 $541,800 $114,800 $427,000
2023 $9,364 $506,400 $114,800 $391,600
2021 $9,079 $426,300 $106,300 $320,000
2020 $8,789 $394,700 $103,200 $291,500
2019 $8,824 $394,700 $88,300 $306,400
2018 $8,388 $375,900 $88,300 $287,600
2017 $8,691 $375,900 $88,300 $287,600
2016 $8,502 $358,000 $80,300 $277,700
2015 $8,590 $360,700 $80,300 $280,400
2014 $8,661 $360,700 $80,300 $280,400
2013 $7,913 $346,800 $75,800 $271,000
Source: Public Records

Map

Wisconsin Dane County Madison 53703 Downtown Madison

501 W Washington Ave Unit 1, Madison, WI

This home is located at 501 W Washington Ave Unit 1, Madison, WI 53703 and is currently estimated at $1,075,352. 501 W Washington Ave Unit 1 is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West High School.

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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