- 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
702 S Prospect Ave; Madison, WI Property Details
Off market
702 S Prospect Ave Madison, WI 53711
$821,800 Estimated Value
3 Beds
2.5 Baths
2,035 SqFt
Property Type
Single FamilyProperty 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.
Unlock the full reportTaxes
Tax History
702 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 $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 |