NOT LISTED FOR SALE

6509 Normandy Ln Unit E2 Madison, WI 53719

Westside Neighborhood

Estimated Value: $173,000 - $1,272,550

1.67 Acres
$346,617 Price per Acre
72,745 Sq Ft Lot

Sale Details

Date Sold: July 13, 2018

Last sale price $850,000 $747 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $3,648 / mo

217 Days on Market

Highlights

  • 1.67 Acre Lot
  • Spring Harbor Middle School Rated A-
  • Corner Lot

About This Lot

As of July 2018

Development site for sale. Previously approved by City of Madison for 91 condos in 2008. Plan included a 4 story building with 2 levels of underground parking. Madison zoning change would require new approvals, number of units will depend on project. Behind Market Square shopping center on Normandy Lane. 72,667 SF site, currently a parking lot. Priced at $12,000 per unit x number of units previously approved. Adjacent 54,889 SF site with 20,374 SF theater building could also be available. Currently a parking lot

Last Agent to Sell the Property

Jeff Jansen

ALTUS Commercial Real Estate, Inc. License #47025-90 Listed on: 02/02/2016

Last Buyer's Agent

Jeff Jansen

ALTUS Commercial Real Estate, Inc. License #47025-90 Listed on: 02/02/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,078

Lot Details

  • 1.67 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned Comm

Schools

  • Call School District Elementary And Middle School
  • Memorial High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0708-252-0615-9

Property Details

Property Type

Land

Est. Annual Taxes

$14,078

Lot Details

1.67 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Type Of Property: City
  • Legal Description: CERTIFIED SURVEY MAP NO 12279
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Paved

Utilities

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

Schools

  • Elementary School: Call School District
  • High School: Memorial
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 1.67
  • Zoning: Comm
  • Lot Number S: 1
  • Number Of Lots: 1
  • Present Zoning: Commericial/Industrial
  • Topography: Level
  • Total Acres: 1.67
  • Geo Subdivision: WI

Tax Info

  • Improvements Type: Curb/gutter, Sidewalk
  • Net Taxes: 14078
  • Tax Year: 2015
  • Assessor Parcel Number: 0708-252-0615-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Jul 6, 2018
Sold by
Market Square Llc
Bought by
Normandy Square Llc
Seller's Agent
Jeff Jansen
ALTUS Commercial Real Estate, Inc.
Buyer's Agent
Jeff Jansen
ALTUS Commercial Real Estate, Inc.
List Price
$1,100,000
Sold Price
$850,000
Premium/Discount to List
-$250,000
-22.73%
Current Estimated Value
$578,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$271,150
Avg. Annual Appreciation
-4.80%
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
Normandy Square Llc $850,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $850,000 -22.7% $747 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $1,100,000 -- $967 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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
2025 -- -- -- --
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $14,931 $640,000 $640,000 $0
2016 $13,937 $581,400 $581,400 $0
2015 $14,078 $581,400 $581,400 $0
2014 $14,085 $581,400 $581,400 $0
2013 $13,393 $581,400 $581,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Jansen

    Seller's Agent in 2018

    Jeff Jansen

    ALTUS Commercial Real Estate, Inc.

    (608) 444-4111

    2 in this area

    17 Total Sales

    Jeff Jansen
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1765972

South Central Wisconsin Multiple Listing Service

APN: 0708-252-0615-9

Wisconsin Dane County Madison 53719 Westside

6509 Normandy Ln Unit E2, Madison, WI

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.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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