$108,058 EMV

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Melody Ln Apt 204
Madison, WI 53704


This Single-Family is located at Melody Ln Apt 204, Madison, WI 53704. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 58566455
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Learn about Melody Ln Apt 204 in Madison, WI

This single-family property is available as a foreclosure at Melody Ln Apt 204. Based on our analysis of the current market conditions in Madison for Melody Ln Apt 204 and comparable listings, the estimated market value is $108,058. If purchased for rental purposes, the monthly rental rate could range between $760 and $1,020. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Melody Ln Apt 204 are updated daily along with others in Madison, Wisconsin.

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Property Information

  • Source ID: 33790828
  • Day(s) On Site: 205
  • Subdivision: STONEBRIDGE CONDO UNIT 7-204
  • Parcel Number: 0810-281-1932-0
  • Property Type: Single Family Dwelling
  • Owner Name: PRIMELENDING
  • Recording Date: 08-23-2022
  • Document Number: 0005857542


Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Rental Value

The estimated rental value for Melody Ln Apt 204 located in Madison, WI is $890/month. Comparable homes around Melody Ln Apt 204 that are rentals have monthly ranges starting as low as $760 per month and as high as $1,020 per month. An owner looking to use this property as an investment could bring a return in the area of $760 - $1,020 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
05/12/22 07/12/22 Preforeclosure
01/29/20 11/24/20 Preforeclosure Colonial Savings FA


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Melody Ln Apt 204
Madison, WI 53704


$108,058 EMV

Status: Inactive Listing ID: 58566455

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