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702 S Prospect Ave; Madison, WI Property Details

702 S Prospect Ave, Madison, WI is a Single Family that was built in 1913. This property is currently Financed and is not for sale. Our records show that 702 S Prospect Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 2,035 square feet. The lot size of 702 S Prospect Ave is 3,001 square feet.

Off market
702 S Prospect Ave Madison, WI 53711
$821,800 Estimated Value
3 Beds
2.5 Baths
2,035 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1913
  • Purchase Price: $390,000
  • Open Loans / Balance: 1 / $142,683
  • Est. Equity / %: $740,317 / 83.84%
  • Gross Yield: 6.631%
  • APN: 0709-223-2701-4
  • Situs County: Dane
  • Length Of Ownership: 18 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 11
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Wood
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,035/SqFt
  • Lot: 3,001/SqFt
  • Gross: 2,673/SqFt
  • Garage: 180/SqFt
  • Living: 2,035/SqFt
  • Basement: 812/SqFt
  • Building: 2,673/SqFt
  • Ground: 1,049/SqFt
  • Basement Finished: 174/SqFt
  • Garage Unfinished: 180/SqFt
  • Basement Unfinished: 638/SqFt
  • Price Per Square Foot: $191.65

Legal Description

  • Description: PLAT OF WEST LAWN, SE 40 FT OF LOT 1 AND SE 40 FT OF NE 25 FT OF LOT 2, BLOCK 25
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: 43.06395 / -89.419556
  • Subdivision: West Lawn
  • Property Class: Residential
  • Zoning: TR-C2
  • County Use Code: G1

Amenities

  • Plus Four: 1945
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

HOA

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

Ownership Info

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

Taxes

702 S Prospect Ave has 9 associated Taxes items

702 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 $821,800. The APN we've located for 702 S Prospect Ave is 0709-223-2701-4.

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Taxes
  • Assessed Value:  $821,800
  • Assessed Year:  2025
  • Assessed County:  Dane
  • APN:  0709-223-2701-4
  • Assessed Land Value:  128400
  • Tax Amount:  14966.65
  • Tax Year:  2025
  • Market Value:  702132
  • Market Year:  2023

Tax History

702 S Prospect Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $821,800 Land Value $128,400 Improvement Value $693,400 Tax Amount $14,966.65 Change Rate -0.434941% Assessed CR Tax Rate +0.018212%
Year 2024 Assessed Value $768,000 Land Value $128,400 Improvement Value $639,600 Tax Amount $26,486.86 Change Rate +1.145427% Assessed CR Tax Rate +0.034488%
Year 2023 Assessed Value $698,200 Land Value $116,700 Improvement Value $581,500 Tax Amount $12,345.73 Change Rate -0.489885% Assessed CR Tax Rate +0.017682%
Year 2022 Assessed Value $629,000 Land Value $105,100 Improvement Value $523,900 Tax Amount $24,201.88 Change Rate +1.071252% Assessed CR Tax Rate +0.038477%
Year 2021 Assessed Value $561,600 Land Value $93,800 Improvement Value $467,800 Tax Amount $11,684.66 Change Rate -0.024377% Assessed CR Tax Rate +0.020806%
Year 2020 Assessed Value $545,200 Land Value $93,800 Improvement Value $451,400 Tax Amount $11,976.61 Change Rate +0.049317% Assessed CR Tax Rate +0.021967%
Year 2019 Assessed Value $519,200 Land Value $89,300 Improvement Value $429,900 Tax Amount $11,413.72 Change Rate +0.039865% Assessed CR Tax Rate +0.021983%
Year 2018 Assessed Value $499,200 Land Value $85,900 Improvement Value $413,300 Tax Amount $10,976.16 Change Rate +0.019271% Assessed CR Tax Rate +0.021988%
Year 2017 Assessed Value $470,900 Land Value $81,000 Improvement Value $389,900 Tax Amount $10,768.64 Change Rate Assessed CR Tax Rate +0.022868%
Year 2016 Assessed Value $444,200 Land Value $76,400 Improvement Value $367,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $403,000 Land Value $69,300 Improvement Value $333,700 Tax Amount $9,942.93 Change Rate +0.04069% Assessed CR Tax Rate +0.024672%
Year 2014 Assessed Value $403,000 Land Value $69,300 Improvement Value $333,700 Tax Amount $9,554.17 Change Rate Assessed CR Tax Rate +0.023708%
Year 2013 Assessed Value $390,000 Land Value $66,600 Improvement Value $323,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $8,807.73 Change Rate Assessed CR Tax Rate