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118 N 2nd St; Madison, WI Property Details

118 N 2nd St, Madison, WI is a Single Family that was built in 1926. This property is currently Financed and is not for sale. Our records show that 118 N 2nd St has 2 bedrooms, and 1 bathroom, and a total of 868 square feet. The lot size of 118 N 2nd St is 3,581 square feet.

Off market
118 N 2nd St Madison, WI 53704
$230,000 Listing Price
2 Beds
1 Baths
868 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1926
  • Purchase Price: $230,000
  • Open Loans / Balance: 1 / $159,035
  • Est. Equity / %: $242,965 / 60.44%
  • Gross Yield: 6.507%
  • APN: 0710-063-1032-1
  • Situs County: Dane
  • Length Of Ownership: 7 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Floor Cover Type: Wood
  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 868/SqFt
  • Lot: 3,581/SqFt
  • Gross: 1,408/SqFt
  • Garage: 180/SqFt
  • Living: 868/SqFt
  • Basement: 540/SqFt
  • Building: 1,408/SqFt
  • Ground: 540/SqFt
  • Garage Unfinished: 180/SqFt
  • Price Per Square Foot: $264.98

Legal Description

  • Description: MADISON SQUARE-RILEY PLAT NW 1/2 OF LOT 13, BLOCK 311, TOGETHER WITH A JOINT DRI VEWAY AGR REC AS DOC 771061.
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison Metropolitan School District
  • Lat / Lon: 43.094727 / -89.359604
  • Subdivision: Madison Square-Riley Plat
  • Property Class: Residential
  • Zoning: TR-C4
  • County Use Code: G1

Amenities

  • Plus Four: 4708
  • Cooling: Central
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

118 N 2nd St has no associated ownership info
118 N 2nd St has no associated ownership info.

Taxes

118 N 2nd St has 9 associated Taxes items

118 N 2nd St, Madison, WI pays taxes in Dane County, WI. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $365,100. The APN we've located for 118 N 2nd St is 0710-063-1032-1.

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Taxes
  • Assessed Value:  $365,100
  • Assessed Year:  2025
  • Assessed County:  Dane
  • APN:  0710-063-1032-1
  • Assessed Land Value:  57200
  • Tax Amount:  6446.3
  • Tax Year:  2025
  • Market Value:  309433
  • Market Year:  2023

Tax History

118 N 2nd St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $365,100 Land Value $57,200 Improvement Value $307,900 Tax Amount $6,446.3 Change Rate -0.399491% Assessed CR Tax Rate +0.017656%
Year 2024 Assessed Value $323,100 Land Value $57,200 Improvement Value $265,900 Tax Amount $10,734.72 Change Rate +1.061194% Assessed CR Tax Rate +0.033224%
Year 2023 Assessed Value $307,700 Land Value $54,500 Improvement Value $253,200 Tax Amount $5,208.01 Change Rate -0.502193% Assessed CR Tax Rate +0.016926%
Year 2022 Assessed Value $282,300 Land Value $50,000 Improvement Value $232,300 Tax Amount $10,461.9 Change Rate +1.200786% Assessed CR Tax Rate +0.03706%
Year 2021 Assessed Value $239,200 Land Value $42,400 Improvement Value $196,800 Tax Amount $4,753.71 Change Rate -0.028838% Assessed CR Tax Rate +0.019873%
Year 2020 Assessed Value $230,000 Land Value $40,800 Improvement Value $189,200 Tax Amount $4,894.87 Change Rate +0.006469% Assessed CR Tax Rate +0.021282%
Year 2019 Assessed Value $228,800 Land Value $39,600 Improvement Value $189,200 Tax Amount $4,863.41 Change Rate +0.10071% Assessed CR Tax Rate +0.021256%
Year 2018 Assessed Value $208,000 Land Value $39,600 Improvement Value $168,400 Tax Amount $4,418.43 Change Rate -0.006802% Assessed CR Tax Rate +0.021242%
Year 2017 Assessed Value $200,000 Land Value $38,100 Improvement Value $161,900 Tax Amount $4,448.69 Change Rate Assessed CR Tax Rate +0.022243%
Year 2016 Assessed Value $185,200 Land Value $38,100 Improvement Value $147,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $174,700 Land Value $34,200 Improvement Value $140,500 Tax Amount $4,279.15 Change Rate +0.063592% Assessed CR Tax Rate +0.024494%
Year 2014 Assessed Value $174,700 Land Value $34,200 Improvement Value $140,500 Tax Amount $4,023.3 Change Rate Assessed CR Tax Rate +0.02303%
Year 2013 Assessed Value $169,600 Land Value $33,200 Improvement Value $136,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $4,018.73 Change Rate Assessed CR Tax Rate