Taxes
- Assessed Value: $349,300
- Assessed Year: 2025
- Assessed County: Dane
- APN: 0710-062-0917-8
- Assessed Land Value: 41200
- Tax Amount: 7593.24
- Tax Year: 2025
- Market Value: 296058
- Market Year: 2023
506 N 7th St; Madison, WI Property Details
Off market • Bankruptcy ✓
506 N 7th St Madison, WI 53704
$349,300 Estimated Value
3 Beds
1 Baths
1,020 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1935
- Purchase Price: $159,800
- Open Loans / Balance: 2 / $178,356
- Est. Equity / %: $156,644 / 46.76%
- Gross Yield: 7.565%
- APN: 0710-062-0917-8
- Situs County: Dane
- Length Of Ownership: 21 years, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Floor Cover Type: Carpet
- 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: 1,020/SqFt
- Lot: 2,374/SqFt
- Gross: 1,677/SqFt
- Garage: 240/SqFt
- Living: 1,020/SqFt
- Basement: 558/SqFt
- Building: 1,578/SqFt
- Ground: 698/SqFt
- Garage Unfinished: 240/SqFt
- Price Per Square Foot: $156.67
Legal Description
- Description: MADISON SQUARE-RILEY PLAT NW 42 FT OF L OT 16 & SE 12 FT OF LOT 15, BLOCK 340
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: 43.103344 / -89.35444
- Subdivision: Madison Square-Riley Plat
- Property Class: Residential
- Zoning: TR-C4
- County Use Code: G1
Amenities
- Plus Four: 4947
- Cooling: Window\Unit
- Garage: Detached Garage
- Parking: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
506 N 7th St has no associated ownership info
506 N 7th St has no associated ownership info.
Taxes
506 N 7th St has 9 associated Taxes items
506 N 7th 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 $349,300. The APN we've located for 506 N 7th St is 0710-062-0917-8.
Unlock the full reportTax History
506 N 7th St 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 $349,300 | Land Value $41,200 | Improvement Value $308,100 | Tax Amount $7,593.24 | Change Rate -0.422962% | Assessed CR | Tax Rate +0.021738% |
| Year 2024 | Assessed Value $309,100 | Land Value $41,200 | Improvement Value $267,900 | Tax Amount $13,159 | Change Rate +1.066183% | Assessed CR | Tax Rate +0.042572% |
| Year 2023 | Assessed Value $294,400 | Land Value $39,200 | Improvement Value $255,200 | Tax Amount $6,368.75 | Change Rate -0.485977% | Assessed CR | Tax Rate +0.021633% |
| Year 2022 | Assessed Value $270,100 | Land Value $36,000 | Improvement Value $234,100 | Tax Amount $12,390 | Change Rate +1.15% | Assessed CR | Tax Rate +0.045872% |
| Year 2021 | Assessed Value $228,900 | Land Value $30,500 | Improvement Value $198,400 | Tax Amount $5,762.79 | Change Rate +0.233358% | Assessed CR | Tax Rate +0.025176% |
| Year 2020 | Assessed Value $220,100 | Land Value $29,300 | Improvement Value $190,800 | Tax Amount $4,672.44 | Change Rate +0.033083% | Assessed CR | Tax Rate +0.021229% |
| Year 2019 | Assessed Value $213,700 | Land Value $28,400 | Improvement Value $185,300 | Tax Amount $4,522.81 | Change Rate +0.100464% | Assessed CR | Tax Rate +0.021164% |
| Year 2018 | Assessed Value $194,300 | Land Value $28,400 | Improvement Value $165,900 | Tax Amount $4,109.91 | Change Rate -0.007446% | Assessed CR | Tax Rate +0.021152% |
| Year 2017 | Assessed Value $186,800 | Land Value $27,300 | Improvement Value $159,500 | Tax Amount $4,140.74 | Change Rate | Assessed CR | Tax Rate +0.022167% |
| Year 2016 | Assessed Value $173,000 | Land Value $27,300 | Improvement Value $145,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $155,500 | Land Value $24,500 | Improvement Value $131,000 | Tax Amount $3,785.17 | Change Rate +0.0638% | Assessed CR | Tax Rate +0.024342% |
| Year 2014 | Assessed Value $155,500 | Land Value $24,500 | Improvement Value $131,000 | Tax Amount $3,558.16 | Change Rate | Assessed CR | Tax Rate +0.022882% |
| Year 2013 | Assessed Value $151,000 | Land Value $23,800 | Improvement Value $127,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $4,146.92 | Change Rate | Assessed CR | Tax Rate |