$445,000
SOLD OCT 4, 2024
3 Beds
2 Baths
1,743 Sq Ft
0.38 Acres

Recently Sold

$255 Per Sq Ft

1% Above List Price

15 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Great Room
  • Vel Phillips Memorial High School Rated A
  • Radiant Floor
  • Fenced Yard

About This Home

As of October 2024

This home is located at 5506 Raymond Rd, Madison, WI 53711 and is currently priced at $445,000, approximately $255 per square foot. This property was built in 1956. 5506 Raymond Rd is a home located in Dane County with nearby schools including Orchard Ridge Elementary School, Toki Middle School, and Vel Phillips Memorial High School.

Last Agent to Sell the Property

Laura Parman

Compass Real Estate Wisconsin License #86877-94 Listed on: 08/12/2024

Compass Real Estate Wisconsin

Co-Listed By

Husky Homes Team

Compass Real Estate Wisconsin

Last Buyer's Agent

Kristin Shields

MHB Real Estate License #85683-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,764

Year Built

  • Built in 1956

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 102.5x162.5
  • Fenced Yard

Home Design

  • Tri-Level Property
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Great Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Cooling System
  • Water Softener
  • Cable TV Available

Community Details

  • Meadowood Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,764

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: Multi-level
  • Architecture: Tri-level
  • Items Excluded: Seller's Personal Property
  • Items Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Water Softener, Window Coverings
  • Year Built: 1956
  • Above Grade Price Per Sq Ft: 367.67
  • Above Grade Sold Price Per Sq Ft: 372.7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Above Grade Finished Sq Ft: 1194
  • Finished Non Exp Sq Ft: 549
  • Finished Sq Ft: 1743
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 15x12, On Level: U
  • Bedroom 2: Dimensions: 11x10, On Level: U
  • Bedroom 3: Dimensions: 13x10, On Level: U
  • Kitchen: Dimensions: 11x12, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 14x23, On Level: M
  • Dining Room: Dimensions: 11x12, On Level: M
  • Other Room 1: Other, Dimensions: 20x17, On Level: L
  • Laundry: Dimensions: 09x11, On Level: L
  • Basement: Full, Partially finished, Sump pump, Poured concrete foundatn
  • Fireplace: Wood
  • Interior Amenities: Wood or sim. wood floor, Great room, Vaulted ceiling, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Fenced Yard, Storage building

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Attached, Opener
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air, In Floor Radiant Heat
  • Water Waste: Municipal water, Municipal sewer

Schools

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

Lot Info

  • Assessor Parcel Number: 0709-313-1215-5
  • Estimated Aces: 0.38
  • Lot Description: Close to busline, Sidewalk
  • Lot Dimensions: 102.5X162.5
  • Zoning: Res
  • Geo Subdivision: WI

Green Features

  • Energy Eff Green: Energy Star Appliance(s)

Tax Info

  • Land Assessment: 110500
  • Improvements: 305400
  • Total Assessment: 415900
  • Assessment year: 2023
  • Net Taxes: 7764
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Oct 1, 2024
Sold by
Willey Mitchal S
Bought by
Lee Alan Foster and Steffeck Alexandra Mei
Seller's Agent
Laura Parman
Compass Real Estate Wisconsin
Buyer's Agent
Kristin Shields
MHB Real Estate
List Price
$439,000
Sold Price
$445,000
Premium/Discount to List
$6,000
1.37%
Total Days on Market
15
Current Estimated Value
$462,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,763
Avg. Annual Appreciation
3.73%
Original Mortgage
$356,000
Outstanding Balance
$354,028
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$104,536

Purchase Details

Listed on
Jun 3, 2019
Closed on
Aug 16, 2019
Sold by
Andrews Mark W and Andrews Jennifer D
Bought by
Willey Mitchal
Seller's Agent
Matt Silvern
Restaino & Associates
Buyer's Agent
Mark Gladue
Lauer Realty Group, Inc.
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$256,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $445,000 None Listed On Document
Warranty Deed $285,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,000 New Conventional
Previous Owner $256,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $445,000 0.0% $255 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/13/2024 08/13/24 Off Market $445,000 -- --
08/12/2024 08/12/24 For Sale $439,000 +54.0% $252 / Sq Ft
08/16/2019 08/16/19 Sold $285,000 -3.4% $164 / Sq Ft
06/03/2019 06/03/19 For Sale $295,000 -- $169 / 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 $15,199 $449,200 $119,300 $329,900
2023 $7,764 $415,900 $110,500 $305,400
2021 $6,498 $320,000 $85,000 $235,000
2020 $6,364 $285,000 $81,300 $203,700
2019 $5,554 $259,400 $76,000 $183,400
2018 $5,094 $238,000 $69,700 $168,300
2017 $5,121 $228,800 $69,700 $159,100
2016 $4,756 $208,000 $63,400 $144,600
2015 $4,831 $184,900 $78,300 $106,600
2014 $4,270 $184,900 $78,300 $106,600
2013 $4,270 $179,500 $76,000 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1983625

South Central Wisconsin Multiple Listing Service

APN: 0709-313-1215-5