Under contract

$350,000

2001 Rae Ln, Madison, WI 53711

3beds

1,371sqft

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Single Family Residence

Built in 1960

0.3 Acres Lot

$374,000 Zestimate^®

$255/sqft

$-- HOA

What's special

3-bedroom, 1.5-bath home is ideal for buyers looking to build equity or investors seeking opportunity. Key updates have been completed, new roof, updated bathrooms, & recently refreshed kitchen & flooring—giving you a strong head start. A standout feature, the 483 ft loft above garage, offering space for office, studio, workshop, playroom, or creative retreat. LL provides more potential, stubbed for a half bath & up to 1,000 ft additional living space ready for your finishing touch. Lrg brick fireplace serves as focal point & could be restored to create cozy atmosphere (fireplace disabled in 1998 per prior seller also hardwood floors may be located beneath the carpet in the living room & bedrooms), bonus for future improvements. Set on a large, private, wooded lot, property offers space & seclusion, still being conveniently located. Oversized 2.5-car attached garage has room for toys, storage, & hobbies. Don’t miss this opportunity to add value & make it your own! Being sol As-Is.

17 days

1,767

54

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 2

Primary bedroom

Level: Main
Area: 130
Dimensions: 10 x 13

Bedroom 2

Level: Main
Area: 110
Dimensions: 10 x 11

Bedroom 3

Level: Main
Area: 90
Dimensions: 9 x 10

Dining room

Level: Main
Area: 108
Dimensions: 9 x 12

Kitchen

Features: Pantry, Range/Oven, Refrigerator
Level: Main
Area: 165
Dimensions: 11 x 15

Living room

Level: Main
Area: 209
Dimensions: 11 x 19

Heating

Forced Air, Radiant, Baseboard

Appliances

Laundry: Lower Level

Features

At Least 1 tub, Loft
Basement: Full
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 1,371
Total interior livable area: 1,371 sqft
Finished area above ground: 1,371

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Property

Parking

Total spaces: 2
Parking features: 2 car, Attached, Garage Door Opener
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Deck

Lot

Size: 0.3 Acres
Features: Corner Lot
Residential vegetation: Wooded

Details

Parcel number: 060801101019
Zoning: SR-C1

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Siding, Cedar

Condition

Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Meadowood

Location

Region: Madison

Financial & listing details

Price per square foot: $255/sqft
Tax assessed value: $375,400
Annual tax amount: $6,273
Date on market: 6/6/2026
Inclusions: Newer refrigerator (1.5year) Stove (3year), Hood
Exclusions: Sellers personal items

Estimated market value

$374,000

$355,000 - $393,000

$2,255/mo

Price history

Date	Event	Price
6/10/2026	Contingent	$350,000$255/sqft
Source: WIREX MLS #2025245 Report a problem
6/6/2026	Listed for sale	$350,000+180%$255/sqft
Source: WIREX MLS #2025245 Report a problem
4/7/2016	Sold	$125,000-3.8%$91/sqft
Source: SCWMLS #1752247 Report a problem
3/20/2016	Pending sale	$130,000$95/sqft
Source: Restaino & Associates #1752247 Report a problem
3/5/2016	Listed for sale	$130,000$95/sqft
Source: Restaino & Assoc #1752247 Report a problem
3/5/2016	Pending sale	$130,000$95/sqft
Source: Restaino & Assoc #1752247 Report a problem
3/5/2016	Listed for sale	$130,000$95/sqft
Source: Restaino & Assoc #1752247 Report a problem
1/16/2016	Listing removed	$130,000$95/sqft
Source: Restaino & Assoc #1752247 Report a problem
1/16/2016	Pending sale	$130,000$95/sqft
Source: Restaino & Assoc #1752247 Report a problem
1/16/2016	Listed for sale	$130,000$95/sqft
Source: Restaino & Assoc #1752247 Report a problem
1/16/2016	Pending sale	$130,000$95/sqft
Source: Restaino & Assoc #1752247 Report a problem
1/9/2016	Price change	$130,000-13.3%$95/sqft
Source: Restaino & Assoc #1752247 Report a problem
10/15/2015	Price change	$149,900-0.1%$109/sqft
Source: Restaino & Assoc #1752247 Report a problem
8/6/2015	Price change	$150,000-9.1%$109/sqft
Source: Restaino & Assoc #1752247 Report a problem
7/12/2015	Listed for sale	$165,000$120/sqft
Source: Restaino & Assoc #1752247 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,665 +6.9%	$340,500 +10%
2023	$6,236	$309,500 +13%
2022	--	$273,900 +10%
2021	--	$249,000 +9.5%
2020	--	$227,400 +6%
2019	$4,400	$214,500 +3.5%
2018	$4,400 +6.3%	$207,200 +11%
2017	$4,138 +3.1%	$186,700 +5%
2016	$4,015 +2.1%	$177,800 +4%
2014	$3,931 +1.4%	$170,900
2013	$3,878 -6%	$170,900 -4%
2012	$4,126 +6.4%	$178,000 +1.1%
2011	$3,878 +1.4%	$176,000 -2%
2010	$3,823 +3.5%	$179,600 -4%
2009	$3,694 +2.9%	$187,100 -2%
2008	$3,590 -1.6%	$190,900
2007	$3,649 +1.1%	$190,900 +1%
2006	$3,607 -2.1%	$189,000 +3.8%
2005	$3,685 -3.2%	$182,000 +3.4%
2004	$3,805 +1.7%	$176,000
2003	$3,742 +2.7%	$176,000 +10.5%
2002	$3,644 +1.2%	$159,300 +6%
2001	$3,601 -3.4%	$150,300 +4%
2000	$3,727	$144,500

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