Taxes
- Assessed Value: $731,700
- Assessed Year: 2025
- Assessed County: Dane
- APN: 0709-223-1502-7
- Assessed Land Value: 228400
- Tax Amount: 13285.71
- Tax Year: 2025
- Market Value: 625101
- Market Year: 2023
503 S Prospect Ave; Madison, WI Property Details
Off market
503 S Prospect Ave Madison, WI 53711
$731,700 Estimated Value
3 Beds
1.5 Baths
2,038 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1926
- Purchase Price: $345,000
- Est. Equity / %: $910,000 / 100%
- Gross Yield: 5.615%
- APN: 0709-223-1502-7
- Situs County: Dane
- Length Of Ownership: 17 years, 8 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 11
- Partial Bathrooms: 1
Structure
- Floor Cover Type: Wood
- Stories: 2.5
- Exterior Wall Type: Siding (Alum/Vinyl)
- Interior Wall Type: Plaster
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
- Attic: true
Measurements
- Total: 2,038/SqFt
- Lot: 7,444/SqFt
- Attic: 208/SqFt
- Gross: 2,622/SqFt
- Garage: 360/SqFt
- Living: 2,038/SqFt
- Basement: 778/SqFt
- Building: 2,466/SqFt
- Ground: 854/SqFt
- Attic Unfinished: 208/SqFt
- Basement Finished: 350/SqFt
- Garage Unfinished: 360/SqFt
- Basement Unfinished: 428/SqFt
- Price Per Square Foot: $169.28
Legal Description
- Description: PLAT OF WEST LAWN, LOT 12, BLOCK 17
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: 43.06554 / -89.42082
- Subdivision: West Lawn
- Property Class: Residential
- Zoning: TR-C2
- County Use Code: G1
Amenities
- Plus Four: 1941
- Cooling: Window\Unit
- Garage: Detached Garage
- Parking: 1
HOA
- H O A One: $509
- H O A Amount: $509
- H O A One Type: Home Owner Association
Ownership Info
503 S Prospect Ave has no associated ownership info
503 S Prospect Ave has no associated ownership info.
Taxes
503 S Prospect Ave has 9 associated Taxes items
503 S 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 $731,700. The APN we've located for 503 S Prospect Ave is 0709-223-1502-7.
Unlock the full reportTax History
503 S Prospect Ave has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $731,700 | Land Value $228,400 | Improvement Value $503,300 | Tax Amount $13,285.71 | Change Rate -0.434786% | Assessed CR | Tax Rate +0.018157% |
| Year 2024 | Assessed Value $683,800 | Land Value $228,400 | Improvement Value $455,400 | Tax Amount $23,505.64 | Change Rate +1.147495% | Assessed CR | Tax Rate +0.034375% |
| Year 2023 | Assessed Value $621,600 | Land Value $207,600 | Improvement Value $414,000 | Tax Amount $10,945.61 | Change Rate -0.490128% | Assessed CR | Tax Rate +0.017609% |
| Year 2022 | Assessed Value $560,000 | Land Value $187,000 | Improvement Value $373,000 | Tax Amount $21,467.38 | Change Rate +1.072063% | Assessed CR | Tax Rate +0.038335% |
| Year 2021 | Assessed Value $500,000 | Land Value $167,000 | Improvement Value $333,000 | Tax Amount $10,360.39 | Change Rate -0.025643% | Assessed CR | Tax Rate +0.020721% |
| Year 2020 | Assessed Value $485,400 | Land Value $167,000 | Improvement Value $318,400 | Tax Amount $10,633.05 | Change Rate +0.049631% | Assessed CR | Tax Rate +0.021906% |
| Year 2019 | Assessed Value $462,300 | Land Value $159,000 | Improvement Value $303,300 | Tax Amount $10,130.27 | Change Rate +0.039607% | Assessed CR | Tax Rate +0.021913% |
| Year 2018 | Assessed Value $444,500 | Land Value $152,900 | Improvement Value $291,600 | Tax Amount $9,744.33 | Change Rate +0.018766% | Assessed CR | Tax Rate +0.021922% |
| Year 2017 | Assessed Value $419,300 | Land Value $144,200 | Improvement Value $275,100 | Tax Amount $9,564.84 | Change Rate | Assessed CR | Tax Rate +0.022811% |
| Year 2016 | Assessed Value $395,600 | Land Value $136,000 | Improvement Value $259,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $358,800 | Land Value $123,400 | Improvement Value $235,400 | Tax Amount $8,831.49 | Change Rate +0.041036% | Assessed CR | Tax Rate +0.024614% |
| Year 2014 | Assessed Value $358,800 | Land Value $123,400 | Improvement Value $235,400 | Tax Amount $8,483.37 | Change Rate | Assessed CR | Tax Rate +0.023644% |
| Year 2013 | Assessed Value $345,000 | Land Value $118,700 | Improvement Value $226,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $7,771.15 | Change Rate | Assessed CR | Tax Rate |