Taxes
- Assessed Value: $1,543,700
- Assessed Year: 2025
- Assessed County: Dane
- APN: 0709-222-3611-6
- Assessed Land Value: 275500
- Tax Amount: 28434.63
- Tax Year: 2025
- Market Value: 1276046
- Market Year: 2023
7 N Prospect Ave; Madison, WI Property Details
Off market
7 N Prospect Ave Madison, WI 53726
$1,543,700 Estimated Value
5 Beds
3.5 Baths
4,772 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 2000
- Purchase Price: $930,000
- Est. Equity / %: $1,874,000 / 100%
- Gross Yield: 5.563%
- APN: 0709-222-3611-6
- Situs County: Dane
- Length Of Ownership: 14 years, 5 months
Rooms
- Bedrooms: 5
- Bathrooms: 3.5
- Full Bathrooms: 3
- Total Rooms: 18
- Partial Bathrooms: 1
Structure
- Floor Cover Type: Wood
- Stories: 2
- Exterior Wall Type: Concrete
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Good
- Building Quality: A
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 4,772/SqFt
- Lot: 8,102/SqFt
- Gross: 5,012/SqFt
- Garage: 624/SqFt
- Living: 4,772/SqFt
- Basement: 1,600/SqFt
- Building: 5,012/SqFt
- Ground: 1,712/SqFt
- Basement Finished: 1,360/SqFt
- Garage Unfinished: 624/SqFt
- Basement Unfinished: 240/SqFt
- Price Per Square Foot: $194.89
Legal Description
- Description: UNIVERSITY HEIGHTS, BLK 25, S 1/2 OF LOTS 9 & 10, N 12 FT OF LOT 11, N 12 FT OF W 15 FT OF LOT 12.
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: 43.06838 / -89.42094
- Subdivision: University Heights
- Property Class: Residential
- Zoning: TR-C2
- County Use Code: G1
Amenities
- Plus Four: 3935
- Cooling: Central
- Fireplaces: 1
- Garage: Detached Garage
- Parking: 2
HOA
- H O A One: $260
- H O A Amount: $260
- H O A One Name: Univ Hgts Condo Owners
- H O A One Type: Home Owner Association
Ownership Info
7 N Prospect Ave has no associated ownership info
7 N Prospect Ave has no associated ownership info.
Taxes
7 N Prospect Ave has 9 associated Taxes items
7 N 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 $1,543,700. The APN we've located for 7 N Prospect Ave is 0709-222-3611-6.
Unlock the full reportTax History
7 N 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 $1,543,700 | Land Value $275,500 | Improvement Value $1,268,200 | Tax Amount $28,434.63 | Change Rate -0.399679% | Assessed CR | Tax Rate +0.01842% |
| Year 2024 | Assessed Value $1,357,700 | Land Value $275,500 | Improvement Value $1,082,200 | Tax Amount $47,365.72 | Change Rate +1.079518% | Assessed CR | Tax Rate +0.034887% |
| Year 2023 | Assessed Value $1,268,900 | Land Value $257,500 | Improvement Value $1,011,400 | Tax Amount $22,777.26 | Change Rate -0.49839% | Assessed CR | Tax Rate +0.01795% |
| Year 2022 | Assessed Value $1,164,100 | Land Value $236,200 | Improvement Value $927,900 | Tax Amount $45,408.3 | Change Rate +1.002432% | Assessed CR | Tax Rate +0.039007% |
| Year 2021 | Assessed Value $1,072,900 | Land Value $217,700 | Improvement Value $855,200 | Tax Amount $22,676.57 | Change Rate -0.029292% | Assessed CR | Tax Rate +0.021136% |
| Year 2020 | Assessed Value $1,051,900 | Land Value $213,400 | Improvement Value $838,500 | Tax Amount $23,360.86 | Change Rate -0.002925% | Assessed CR | Tax Rate +0.022208% |
| Year 2019 | Assessed Value $1,051,900 | Land Value $205,200 | Improvement Value $846,700 | Tax Amount $23,429.39 | Change Rate +0.000282% | Assessed CR | Tax Rate +0.022273% |
| Year 2018 | Assessed Value $1,051,900 | Land Value $195,400 | Improvement Value $856,500 | Tax Amount $23,422.79 | Change Rate +0.04075% | Assessed CR | Tax Rate +0.022267% |
| Year 2017 | Assessed Value $974,000 | Land Value $180,900 | Improvement Value $793,100 | Tax Amount $22,505.69 | Change Rate | Assessed CR | Tax Rate +0.023106% |
| Year 2016 | Assessed Value $974,000 | Land Value $173,900 | Improvement Value $800,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $974,000 | Land Value $164,100 | Improvement Value $809,900 | Tax Amount $23,379.6 | Change Rate -0.000333% | Assessed CR | Tax Rate +0.024004% |
| Year 2014 | Assessed Value $974,000 | Land Value $164,100 | Improvement Value $809,900 | Tax Amount $23,387.38 | Change Rate | Assessed CR | Tax Rate +0.024012% |
| Year 2013 | Assessed Value $974,000 | Land Value $149,200 | Improvement Value $824,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $13,110.69 | Change Rate | Assessed CR | Tax Rate |