5502 University Ave Unit 1 Madison, WI 53705
Spring Harbor NeighborhoodEstimated Value: $716,226
--
Bed
--
Bath
1,197
Sq Ft
$598/Sq Ft
Est. Value
About This Home
This home is located at 5502 University Ave Unit 1, Madison, WI 53705 and is currently estimated at $716,226, approximately $598 per square foot. 5502 University Ave Unit 1 is a home located in Dane County with nearby schools including Crestwood Elementary School, Spring Harbor Middle School, and Vel Phillips Memorial High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2021
Sold by
Genes Hair Salon Real Estate Llc
Bought by
Rock Solid Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$364,763
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$351,463
Purchase Details
Closed on
Sep 3, 2014
Sold by
G & D Pietzer Llc
Bought by
Genes Hair Salon Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rock Solid Holdings Llc | $510,000 | First American Title | |
| Genes Hair Salon Real Estate Llc | $400,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rock Solid Holdings Llc | $400,000 | |
| Previous Owner | Genes Hair Salon Real Estate Llc | $374,000 |
Source: Public Records
Tax History Compared to Growth
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 | $17,890 | $510,000 | $150,000 | $360,000 |
| 2023 | $9,234 | $510,000 | $150,000 | $360,000 |
| 2021 | $7,224 | $340,000 | $143,000 | $197,000 |
| 2020 | $8,486 | $378,000 | $143,000 | $235,000 |
| 2019 | $7,884 | $353,000 | $143,000 | $210,000 |
| 2018 | $7,643 | $336,000 | $143,000 | $193,000 |
| 2017 | $7,760 | $336,000 | $143,000 | $193,000 |
| 2016 | $7,232 | $305,000 | $130,000 | $175,000 |
| 2015 | $6,944 | $290,000 | $130,000 | $160,000 |
| 2014 | $6,948 | $290,000 | $130,000 | $160,000 |
| 2013 | $6,604 | $290,000 | $130,000 | $160,000 |
Source: Public Records
Map
Nearby Homes
- 1309 Dale Ave
- 1634 Norman Way Unit 8
- 1634 Norman Way Unit 6
- 1626 Laurel Crest
- 36 Craig Ave
- 26 Craig Ave
- 5802 Julia St
- 5128 Spring Ct
- 93 Craig Ave
- 15 Craig Ave
- 83 Craig Ave
- 5313 Brody Dr Unit 202
- 5301 Brody Dr Unit 202
- 56 Craig Ave
- 6118 Old Middleton Rd
- 5449 Old Middleton Rd
- 5422 Gettle Ave
- 5450 Gettle Ave
- 1429 W Skyline Dr
- 401 Merrill Crest Dr
- 1706 Norman Way
- 5510 University Ave
- 2 Wood Cir
- 1722 Fritz Ave
- 1725 Fritz Ave
- 10 Wood Cir
- 1718 Fritz Ave
- 22 Wood Cir
- 1714 Fritz Ave
- 1701-1767 Norman Way
- 1701-1767 Norman Way
- 5439 University Ave
- 14 Wood Cir
- 1703 Norman Way
- 18 Wood Cir
- 1718 Norman Way
- 5433 Greening Ln
- 5513 University Ave
- 5502 Marsha Dr
- 5431 Greening Ln