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121 N Prospect Ave; Madison, WI Property Details

121 N Prospect Ave, Madison, WI is a Single Family that was built in 1917. This property is currently Financed and is not for sale. Our records show that 121 N Prospect Ave has 5 bedrooms, and 3.5 bathrooms, and a total of 3,901 square feet. The lot size of 121 N Prospect Ave is 7,549 square feet.

Off market
121 N Prospect Ave Madison, WI 53726
$1,266,000 Estimated Value
5 Beds
3.5 Baths
3,901 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1917
  • Purchase Price: $790,000
  • Open Loans / Balance: 1 / $572,577
  • Est. Equity / %: $932,423 / 61.96%
  • Gross Yield: 6.487%
  • APN: 0709-222-2703-2
  • Situs County: Dane
  • Length Of Ownership: 11 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 17
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 2.5
  • Exterior Wall Type: Wood
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: A
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,901/SqFt
  • Lot: 7,549/SqFt
  • Gross: 4,356/SqFt
  • Garage: 528/SqFt
  • Living: 3,901/SqFt
  • Basement: 1,230/SqFt
  • Building: 4,356/SqFt
  • Ground: 1,338/SqFt
  • Basement Finished: 775/SqFt
  • Garage Unfinished: 528/SqFt
  • Basement Unfinished: 455/SqFt
  • Price Per Square Foot: $202.51

Legal Description

  • Description: UNIVERSITY HEIGHTS, BLK 17, LOT 2.
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: 43.07015 / -89.420395
  • Subdivision: University Heights
  • Property Class: Residential
  • Zoning: HIS-UH
  • County Use Code: G1

Amenities

  • Plus Four: 4024
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One: $260
  • H O A Amount: $260
  • H O A One Name: Univ Hgts Condo Owners
  • H O A One Type: Home Owner Association

Ownership Info

121 N Prospect Ave has no associated ownership info
121 N Prospect Ave has no associated ownership info.

Taxes

121 N Prospect Ave has 9 associated Taxes items

121 N Prospect Ave, 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 $1,266,000. The APN we've located for 121 N Prospect Ave is 0709-222-2703-2.

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Taxes
  • Assessed Value:  $1,266,000
  • Assessed Year:  2025
  • Assessed County:  Dane
  • APN:  0709-222-2703-2
  • Assessed Land Value:  288200
  • Tax Amount:  23253.78
  • Tax Year:  2025
  • Market Value:  1046561
  • Market Year:  2023

Tax History

121 N Prospect Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,266,000 Land Value $288,200 Improvement Value $977,800 Tax Amount $23,253.78 Change Rate -0.399431% Assessed CR Tax Rate +0.018368%
Year 2024 Assessed Value $1,113,500 Land Value $288,200 Improvement Value $825,300 Tax Amount $38,719.58 Change Rate +1.04495% Assessed CR Tax Rate +0.034773%
Year 2023 Assessed Value $1,040,700 Land Value $269,300 Improvement Value $771,400 Tax Amount $18,934.24 Change Rate -0.494493% Assessed CR Tax Rate +0.018194%
Year 2022 Assessed Value $949,400 Land Value $247,100 Improvement Value $702,300 Tax Amount $37,455.92 Change Rate +1.000288% Assessed CR Tax Rate +0.039452%
Year 2021 Assessed Value $875,000 Land Value $227,700 Improvement Value $647,300 Tax Amount $18,725.26 Change Rate -0.019579% Assessed CR Tax Rate +0.0214%
Year 2020 Assessed Value $853,600 Land Value $223,200 Improvement Value $630,400 Tax Amount $19,099.2 Change Rate -0.00396% Assessed CR Tax Rate +0.022375%
Year 2019 Assessed Value $853,600 Land Value $214,600 Improvement Value $639,000 Tax Amount $19,175.14 Change Rate +0.001558% Assessed CR Tax Rate +0.022464%
Year 2018 Assessed Value $853,600 Land Value $204,400 Improvement Value $649,200 Tax Amount $19,145.32 Change Rate +0.042738% Assessed CR Tax Rate +0.022429%
Year 2017 Assessed Value $790,400 Land Value $189,300 Improvement Value $601,100 Tax Amount $18,360.62 Change Rate Assessed CR Tax Rate +0.02323%
Year 2016 Assessed Value $790,400 Land Value $182,000 Improvement Value $608,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $760,100 Land Value $171,700 Improvement Value $588,400 Tax Amount $19,063.08 Change Rate +0.039609% Assessed CR Tax Rate +0.02508%
Year 2014 Assessed Value $760,100 Land Value $171,700 Improvement Value $588,400 Tax Amount $18,336.77 Change Rate Assessed CR Tax Rate +0.024124%
Year 2013 Assessed Value $691,000 Land Value $156,100 Improvement Value $534,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $16,396.67 Change Rate Assessed CR Tax Rate