Taxes
- Assessed Value: $795,000
- Assessed Year: 2025
- Assessed County: Dane
- APN: 0709-223-1503-5
- Assessed Land Value: 228400
- Tax Amount: 14466.67
- Tax Year: 2025
- Market Value: 747184
- Market Year: 2023
509 S Prospect Ave; Madison, WI Property Details
Off market
509 S Prospect Ave Madison, WI 53711
$795,000 Estimated Value
3 Beds
1.5 Baths
1,591 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1927
- Purchase Price: $743,000
- Est. Equity / %: $845,000 / 100%
- Gross Yield: 6.642%
- APN: 0709-223-1503-5
- Situs County: Dane
- Length Of Ownership: 4 years
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 9
- Partial Bathrooms: 1
Structure
- Floor Cover Type: Carpet
- Stories: 2
- Exterior Wall Type: Stucco
- Interior Wall Type: Plaster
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,591/SqFt
- Lot: 7,501/SqFt
- Gross: 2,471/SqFt
- Living: 1,591/SqFt
- Basement: 880/SqFt
- Building: 2,471/SqFt
- Ground: 880/SqFt
- Price Per Square Foot: $467.00
Legal Description
- Description: PLAT OF WEST LAWN, LOT 11, 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: 43.06544 / -89.42069
- Subdivision: West Lawn
- Property Class: Residential
- Zoning: TR-C2
- County Use Code: G1
Amenities
- Plus Four: 1941
- Cooling: Central
- Garage: Underground/Basement
- Parking: 1
HOA
- H O A One: $509
- H O A Amount: $509
- H O A One Type: Home Owner Association
Ownership Info
509 S Prospect Ave has no associated ownership info
509 S Prospect Ave has no associated ownership info.
Taxes
509 S Prospect Ave has 9 associated Taxes items
509 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 $795,000. The APN we've located for 509 S Prospect Ave is 0709-223-1503-5.
Unlock the full reportTax History
509 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 $795,000 | Land Value $228,400 | Improvement Value $566,600 | Tax Amount $14,466.67 | Change Rate -0.434932% | Assessed CR | Tax Rate +0.018197% |
| Year 2024 | Assessed Value $743,000 | Land Value $228,400 | Improvement Value $514,600 | Tax Amount $25,601.66 | Change Rate +0.944734% | Assessed CR | Tax Rate +0.034457% |
| Year 2023 | Assessed Value $743,000 | Land Value $207,600 | Improvement Value $535,400 | Tax Amount $13,164.61 | Change Rate -0.384717% | Assessed CR | Tax Rate +0.017718% |
| Year 2022 | Assessed Value $558,200 | Land Value $187,000 | Improvement Value $371,200 | Tax Amount $21,396.02 | Change Rate +1.072055% | Assessed CR | Tax Rate +0.03833% |
| Year 2021 | Assessed Value $498,400 | Land Value $167,000 | Improvement Value $331,400 | Tax Amount $10,325.99 | Change Rate -0.02579% | Assessed CR | Tax Rate +0.020718% |
| Year 2020 | Assessed Value $483,900 | Land Value $167,000 | Improvement Value $316,900 | Tax Amount $10,599.35 | Change Rate +0.049577% | Assessed CR | Tax Rate +0.021904% |
| Year 2019 | Assessed Value $460,900 | Land Value $159,000 | Improvement Value $301,900 | Tax Amount $10,098.69 | Change Rate +0.039488% | Assessed CR | Tax Rate +0.021911% |
| Year 2018 | Assessed Value $443,200 | Land Value $152,900 | Improvement Value $290,300 | Tax Amount $9,715.06 | Change Rate +0.018686% | Assessed CR | Tax Rate +0.02192% |
| Year 2017 | Assessed Value $418,100 | Land Value $144,200 | Improvement Value $273,900 | Tax Amount $9,536.85 | Change Rate | Assessed CR | Tax Rate +0.02281% |
| Year 2016 | Assessed Value $394,400 | Land Value $136,000 | Improvement Value $258,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $357,800 | Land Value $123,400 | Improvement Value $234,400 | Tax Amount $8,804.85 | Change Rate +0.040868% | Assessed CR | Tax Rate +0.024608% |
| Year 2014 | Assessed Value $357,800 | Land Value $123,400 | Improvement Value $234,400 | Tax Amount $8,459.14 | Change Rate | Assessed CR | Tax Rate +0.023642% |
| Year 2013 | Assessed Value $344,000 | Land Value $118,700 | Improvement Value $225,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $7,748.11 | Change Rate | Assessed CR | Tax Rate |