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515 S Prospect Ave; Madison, WI Property Details

515 S Prospect Ave, Madison, WI is a Single Family that was built in 1925. This property is not for sale. Our records show that 515 S Prospect Ave has 4 bedrooms, and 2 bathrooms, and a total of 2,714 square feet. The lot size of 515 S Prospect Ave is 5,950 square feet.

Off market
515 S Prospect Ave Madison, WI 53711
$975,800 Estimated Value
4 Beds
2 Baths
2,714 SqFt
Property Details

Summary

  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1925
  • Open Loans / Balance: 1 / $61,234
  • Est. Equity / %: $994,766 / 94.2%
  • Gross Yield: 7.633%
  • APN: 0709-223-1504-3
  • Situs County: Dane

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 11

Structure

  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true
  • Deck: true

Measurements

  • Total: 2,714/SqFt
  • Lot: 5,950/SqFt
  • Attic: 304/SqFt
  • Gross: 3,840/SqFt
  • Garage: 528/SqFt
  • Living: 2,714/SqFt
  • Basement: 1,280/SqFt
  • Building: 3,840/SqFt
  • Ground: 1,280/SqFt
  • Attic Unfinished: 304/SqFt
  • Basement Finished: 154/SqFt
  • Garage Unfinished: 528/SqFt
  • Basement Unfinished: 1,126/SqFt

Legal Description

  • Description: PLAT OF WEST LAWN, LOT 10, 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: 43.065205 / -89.42045
  • Subdivision: West Lawn
  • Property Class: Residential
  • Zoning: TR-C2
  • County Use Code: G1

Amenities

  • Plus Four: 1941
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One: $509
  • H O A Amount: $509
  • H O A One Type: Home Owner Association

Ownership Info

515 S Prospect Ave has no associated ownership info
515 S Prospect Ave has no associated ownership info.

Taxes

515 S Prospect Ave has 9 associated Taxes items

515 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 $975,800. The APN we've located for 515 S Prospect Ave is 0709-223-1504-3.

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Taxes
  • Assessed Value:  $975,800
  • Assessed Year:  2025
  • Assessed County:  Dane
  • APN:  0709-223-1504-3
  • Assessed Land Value:  188300
  • Tax Amount:  17839.73
  • Tax Year:  2025
  • Market Value:  833769
  • Market Year:  2023

Tax History

515 S Prospect Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $975,800 Land Value $188,300 Improvement Value $787,500 Tax Amount $17,839.73 Change Rate -0.435189% Assessed CR Tax Rate +0.018282%
Year 2024 Assessed Value $912,000 Land Value $188,300 Improvement Value $723,700 Tax Amount $31,585.3 Change Rate +1.143063% Assessed CR Tax Rate +0.034633%
Year 2023 Assessed Value $829,100 Land Value $171,200 Improvement Value $657,900 Tax Amount $14,738.39 Change Rate -0.489568% Assessed CR Tax Rate +0.017776%
Year 2022 Assessed Value $746,900 Land Value $154,200 Improvement Value $592,700 Tax Amount $28,874.36 Change Rate +1.081312% Assessed CR Tax Rate +0.038659%
Year 2021 Assessed Value $663,400 Land Value $137,700 Improvement Value $525,700 Tax Amount $13,873.15 Change Rate -0.022924% Assessed CR Tax Rate +0.020912%
Year 2020 Assessed Value $644,100 Land Value $137,700 Improvement Value $506,400 Tax Amount $14,198.64 Change Rate +0.048759% Assessed CR Tax Rate +0.022044%
Year 2019 Assessed Value $613,400 Land Value $131,100 Improvement Value $482,300 Tax Amount $13,538.51 Change Rate +0.040109% Assessed CR Tax Rate +0.022071%
Year 2018 Assessed Value $589,800 Land Value $126,100 Improvement Value $463,700 Tax Amount $13,016.44 Change Rate +0.035543% Assessed CR Tax Rate +0.022069%
Year 2017 Assessed Value $548,100 Land Value $119,000 Improvement Value $429,100 Tax Amount $12,569.67 Change Rate Assessed CR Tax Rate +0.022933%
Year 2016 Assessed Value $517,100 Land Value $112,300 Improvement Value $404,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $469,000 Land Value $101,800 Improvement Value $367,200 Tax Amount $11,606.48 Change Rate +0.040651% Assessed CR Tax Rate +0.024747%
Year 2014 Assessed Value $469,000 Land Value $101,800 Improvement Value $367,200 Tax Amount $11,153.1 Change Rate Assessed CR Tax Rate +0.023781%
Year 2013 Assessed Value $451,000 Land Value $97,900 Improvement Value $353,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $10,212.87 Change Rate Assessed CR Tax Rate