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Quadplex (4 Units, Any Combination)Residential
Last sold for $475,000 on Nov 1, 2020

514 S PATERSON ST

MADISON, WI 53703
3
Beds
4
Baths
1,493 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2,770 ft²
Lot SizeThe size of the land the home sits on, from county records.
1904
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
15
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$475,000 · Nov 1, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,939 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$550,000 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$84,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$466,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$550,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$550,000

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Quadplex (4 Units, Any Combination)
StyleThe architectural style of the home, such as ranch or colonial.Traditional/Old
CountyDane
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1972
Lot (acres)The size of the land the home sits on, from county records.0.06
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Stone (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 312 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lapham Elementary School
Elementary · Grades PK–2 · 0.5 mi
M
O'Keeffe Middle SchoolA
Middle · Grades 6–8 · 0.8 mi
H
East High SchoolA-
High · Grades 9–12 · 1.5 mi

District: Madison Metropolitan School District

Neighborhood · ZIP 53703These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.167
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.78
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.26

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.35%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.40,725
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.21,930 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$49,802
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$85,168
Average tempThe average temperature here across a full year.46°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

514 S Paterson St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a smaller lot than 98% of homes in Dane County
  • Older than 96% of homes in Dane County

How it measures up in Madison 53703

The dot is this home. The mark in the middle is the typical home in Madison 53703.

Living area1,493 ft²
SmallerTypical 1,578 ft²Bigger

Bigger than 45% of homes nearby

Lot size2,770 ft²
SmallerTypical 0.1 acBigger

Bigger than 15% of homes nearby

Year built1904
OlderTypical 1923Newer

Newer than 30% of homes nearby

How 514 S Paterson St ranks against every home in each area.
MeasureThis homeMarquetteMadison 53703Dane County
Living areabigger than1,493 ft²42% of homes45% of homes37% of homes
Lot sizebigger than2,770 ft²9% of homes15% of homes2% of homes
Year builtnewer than190431% of homes30% of homes4% of homes

About 514 S Paterson St

When did 514 S Paterson St, Madison, WI last sell?

514 S Paterson St, Madison, WI last sold on Nov 1, 2020 for $475,000, according to the county's recorded deed.

How big is 514 S Paterson St, Madison, WI?

514 S Paterson St, Madison, WI has 3 bedrooms, 4 bathrooms, 1,493 square feet of living space and a 0.06-acre lot.

When was 514 S Paterson St, Madison, WI built?

514 S Paterson St, Madison, WI was built in 1904, making it 122 years old. It is a traditional/old home. The building has 2 stories.

What schools serve 514 S Paterson St, Madison, WI?

514 S Paterson St, Madison, WI is assigned to Lapham Elementary School (elementary); O'Keeffe Middle School (middle), rated A; East High School (high), rated A-. All sit in Madison Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 514 S Paterson St, Madison, WI compare to other homes in Madison 53703?

Among the 6,585 homes in Madison 53703, it is bigger than 45% of them (1,493 ft² against a typical 1,578 ft²), its lot is bigger than 15% of them (2,770 ft² against a typical 0.1 ac) and it is newer than 30% of them (1904 against a typical 1923). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 514 S Paterson St, Madison, WI?

The 2024 property tax bill for 514 S Paterson St, Madison, WI was $9,939. The county assessed it at $550,000.

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