NOT LISTED FOR SALE

5302 Raymond Rd Madison, WI 53711

Orchard Ridge Neighborhood

Estimated Value: $379,000

1.54 Acres
$246,104 Price per Acre
67,082 Sq Ft Lot

Last Sold July 21, 2022

Last sale price $165,000 $73 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,901/month

485 Days on Market

Highlights

  • 1.54 Acre Lot
  • Wooded Lot
  • Level Lot
  • Vel Phillips Memorial High School Rated A

About This Lot

As of July 2022

Expansive lot is full of mature, lush, landscaping which is beautiful in every season! Design and build your dream home on this unique 1.54 acres of land. Convenient location allows for quick access to anywhere you need to be in the Madison area. Peaceful and serene with all the benefits of city living.

Last Agent to Sell the Property

Daniel Tenney

MHB Real Estate License #55376-90 Listed on: 02/04/2021

Last Buyer's Agent

The Hub Team

The Hub Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.54 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Wooded Lot
  • Property is zoned SR-C1

Schools

  • Orchard Ridge Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • Orchard Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-314-1143-6

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Type Of Property: City
  • Features: Wooded
  • Legal Description: CERTIFIED SURVEY MAP NO 12326 AS RECORDE
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Private

Utilities

  • Utilities Avail To Lot: Natural gas, Electricity, Telephone, Cable
  • Waste Disposal: Municipal sewer available
  • Water System: Municipal water available, Well on site

Schools

  • Elementary School: Orchard Ridge
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Lot Dimensions: 1.54
  • Zoning: SR-C1
  • Lot Number S: 1
  • Number Of Lots: 1
  • Present Zoning: Single family
  • Topography: Level, Sloping
  • Total Acres: 1.54
  • Geo Subdivision: WI

Tax Info

  • Improvements Type: Curb/gutter, Sidewalk
  • Net Taxes: 5027
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-314-1143-6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Jul 21, 2022
Sold by
Jordan Christopher C and Jordan Jacey K
Bought by
Koenig Christopher and Koenig Matthew
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
The Hub Team
The Hub Realty
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%
Current Estimated Value
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,000
Avg. Annual Appreciation
13.38%
Original Mortgage
$148,500
Outstanding Balance
$133,103
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$123,897

Purchase Details

Listed on
Jun 1, 2015
Closed on
Apr 4, 2016
Sold by
St John Ruth D
Bought by
Jordan Christopher C and Boike Jacey K
Seller's Agent
Bill Harris
Stark Company, REALTORS
Buyer's Agent
Bill Harris
Stark Company, REALTORS
List Price
$190,000
Sold Price
$187,000
Premium/Discount to List
-$3,000
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.98%
Original Mortgage
$149,600
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2010
Sold by
Lund Matthew E
Bought by
The Ruth D St John Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koenig Christopher $165,000 None Listed On Document
Jordan Christopher C $187,000 Attorney
The Ruth D St John Living Trust $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koenig Christopher $148,500
Previous Owner Jordan Christopher C $149,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2022 07/21/22 Sold $165,000 -7.8% $73 / Sq Ft
10/11/2021 10/11/21 Price Changed $179,000 -5.3% $79 / Sq Ft
02/04/2021 02/04/21 For Sale $189,000 +1.1% $83 / Sq Ft
04/22/2016 04/22/16 Sold $187,000 -1.6% $83 / Sq Ft View Prior Sale
03/08/2016 03/08/16 Pending -- -- --
06/01/2015 06/01/15 For Sale $190,000 -- $84 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $11,195 $316,200 $316,200 --
2023 $5,945 $292,800 $292,800 $0
2022 $10,247 $256,800 $256,800 $0
2021 $4,843 $225,300 $225,300 $0
2020 $5,027 $215,600 $215,600 $0
2019 $4,545 $201,500 $201,500 $0
2018 $4,211 $187,000 $187,000 $0
2017 $4,363 $187,000 $187,000 $0
2016 $4,622 $192,800 $192,800 $0
2015 $4,669 $185,400 $185,400 $0
2014 $4,492 $185,400 $185,400 $0
2013 $4,146 $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Tenney

    Seller's Agent in 2022

    Daniel Tenney

    MHB Real Estate

    (608) 333-5362

    8 in this area

    1,720 Total Sales

    Daniel Tenney
    Section Image

  • T

    Buyer's Agent in 2022

    The Hub Team

    The Hub Realty

    (608) 556-4400

    1 in this area

    271 Total Sales

    The Hub Team
    Section Image
  • Bill Harris

    Seller's Agent in 2016

    Bill Harris

    Stark Company, REALTORS

    (608) 574-2560

    24 Total Sales

    Bill Harris
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1901753

South Central Wisconsin Multiple Listing Service

APN: 0709-314-1143-6

Wisconsin Dane County Madison 53711 Orchard Ridge

5302 Raymond Rd, Madison, WI

Not Listed for Sale

Lots

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