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518 Mccormick Ave; Madison, WI Property Details

518 Mccormick Ave, Madison, WI is a Residential General that was built in 1924. This property is currently a cash purchase and is not for sale. Our records show that 518 Mccormick Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,246 square feet. The lot size of 518 Mccormick Ave is 4,439 square feet.

Off market
518 Mccormick Ave Madison, WI 53704
$159,900 Listing Price
3 Beds
2 Baths
2,246 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1924
  • Purchase Price: $146,500
  • Est. Equity / %: $325,000 / 100%
  • Gross Yield: 11.823%
  • APN: 0710-052-0205-8
  • Situs County: Dane
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Floor Cover Type: Carpet
  • Stories: 1.5
  • 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
  • Deck: true

Measurements

  • Total: 2,246/SqFt
  • Lot: 4,439/SqFt
  • Gross: 3,232/SqFt
  • Living: 2,246/SqFt
  • Basement: 986/SqFt
  • Building: 3,232/SqFt
  • Ground: 1,216/SqFt
  • Price Per Square Foot: $65.23

Legal Description

  • Description: ASSESSORS PLAT OF MCCORMICKS SUBDIVISION BLK 2, LOT 8, EXC ELY 10 FT THEREOF.
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Madison Metropolitan School District
  • Lat / Lon: 43.105824 / -89.34153
  • Subdivision: Assessors Plat Of Mccormicks Subdivision
  • Property Class: Residential
  • Zoning: SR-V1
  • County Use Code: G1

Amenities

  • Plus Four: 4309
  • Cooling: Window\Unit

Ownership Info

518 Mccormick Ave has no associated ownership info
518 Mccormick Ave has no associated ownership info.

Taxes

518 Mccormick Ave has 9 associated Taxes items

518 Mccormick 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 $296,300. The APN we've located for 518 Mccormick Ave is 0710-052-0205-8.

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Taxes
  • Assessed Value:  $296,300
  • Assessed Year:  2025
  • Assessed County:  Dane
  • APN:  0710-052-0205-8
  • Assessed Land Value:  78800
  • Tax Amount:  5436.59
  • Tax Year:  2025
  • Market Value:  253218
  • Market Year:  2023

Tax History

518 Mccormick Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $296,300 Land Value $78,800 Improvement Value $217,500 Tax Amount $5,436.59 Change Rate -0.419868% Assessed CR Tax Rate +0.018348%
Year 2024 Assessed Value $269,400 Land Value $78,800 Improvement Value $190,600 Tax Amount $9,371.3 Change Rate +1.075882% Assessed CR Tax Rate +0.034786%
Year 2023 Assessed Value $251,800 Land Value $73,600 Improvement Value $178,200 Tax Amount $4,514.37 Change Rate -0.483452% Assessed CR Tax Rate +0.017928%
Year 2022 Assessed Value $224,800 Land Value $65,100 Improvement Value $159,700 Tax Amount $8,739.5 Change Rate +1.435398% Assessed CR Tax Rate +0.038877%
Year 2021 Assessed Value $170,900 Land Value $57,100 Improvement Value $113,800 Tax Amount $3,588.53 Change Rate +0.032569% Assessed CR Tax Rate +0.020998%
Year 2020 Assessed Value $158,200 Land Value $52,900 Improvement Value $105,300 Tax Amount $3,475.34 Change Rate +0.077398% Assessed CR Tax Rate +0.021968%
Year 2019 Assessed Value $146,500 Land Value $50,400 Improvement Value $96,100 Tax Amount $3,225.68 Change Rate -0.253809% Assessed CR Tax Rate +0.022018%
Year 2018 Assessed Value $195,400 Land Value $50,400 Improvement Value $145,000 Tax Amount $4,322.86 Change Rate +0.082878% Assessed CR Tax Rate +0.022123%
Year 2017 Assessed Value $174,500 Land Value $47,100 Improvement Value $127,400 Tax Amount $3,992.01 Change Rate Assessed CR Tax Rate +0.022877%
Year 2016 Assessed Value $174,500 Land Value $47,100 Improvement Value $127,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $161,400 Land Value $41,500 Improvement Value $119,900 Tax Amount $3,945.93 Change Rate +0.029602% Assessed CR Tax Rate +0.024448%
Year 2014 Assessed Value $161,400 Land Value $41,500 Improvement Value $119,900 Tax Amount $3,832.48 Change Rate Assessed CR Tax Rate +0.023745%
Year 2013 Assessed Value $156,700 Land Value $41,500 Improvement Value $115,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,683.6 Change Rate Assessed CR Tax Rate