Waunakee’s top-rated schools with low Westport taxes. This adorable ranch home is ready for immediate occupancy. 3 Bedrooms, 2 Bath, main floor laundry. Freshly painted. Remodeled in 2015, more recent improvements include new well pressure tank (2017), windows & siding (2018), furnace & A/C (2020), water heater (2026), patio door (2026), dishwasher (2026), primary bedroom carpet. Sunny deck off the kitchen/dining area. Lots of potential to increase your square footage when you finish the big basement and add egress windows. Attached two car garage. Large yard, friendly neighborhood, near popular neighborhood park. A great value!
Closed
Zestimate®
$450,000
5556 Rainbow Rd, Waunakee, WI 53597
3beds
1,495sqft
Single Family Residence
Built in 1976
0.38 Acres Lot
$450,000 Zestimate®
$301/sqft
$2,465 Estimated rent
Home value
$450,000
$428,000 - $473,000
$2,465/mo
Zestimate® history
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$3,179/mo
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Zillow last checked:
Listing updated:
Listed by:
Stuart Meland,
Madcityhomes.Com
Bought with:
Seller Sold Listing
Seller Sold Listings
Source: SCWMLS,MLS#: 2031540
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Bedroom 2
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Bedroom 3
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Kitchen
- Features: Breakfast Bar, Range/Oven, Refrigerator, Dishwasher
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Living room
- Level: Main
- Area: 260
- Dimensions: 20 x 13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Water Softener Included
- Laundry: Main Level
Features
- Great room, At Least 1 tub
- Basement: Full,Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,495
- Total interior livable area: 1,495 sqft
- Finished area above ground: 1,495
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: 0.38 Acres
- Features: Rural-in subdivision
Details
- Parcel number: 080921163659
- Zoning: RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Brick
- Foundation: Poured concrete foundatn
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
Community
- Subdivision: Mary Lake
Location
- Region: Waunakee
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $399,200
- Annual tax amount: $4,948
- Date on market: 8/28/2026
- Listing terms: Arms Length
- Inclusions: refrigerator, range, dishwasher, microwave, washer, dryer, water softener, sump pump
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Sold | $450,000+0%$301/sqft |
Source: Public Record Report a problem | ||
| 8/28/2026 | Listed for sale | $449,900+157.1%$301/sqft |
Source: SCWMLS #2031540 Report a problem | ||
| 9/2/2015 | Sold | $175,000$117/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,948 +3.6% | $399,200 +47.9% |
| 2024 | $4,776 -1.5% | $269,900 |
| 2023 | $4,849 +9.2% | $269,900 |
| 2022 | $4,440 +3.4% | $269,900 |
| 2021 | $4,294 +4.7% | $269,900 |
| 2020 | $4,101 +10.7% | $269,900 |
| 2019 | $3,703 +0% | $269,900 +20.3% |
| 2018 | $3,703 -0.9% | $224,300 |
| 2017 | $3,737 +1.6% | $224,300 |
| 2016 | $3,679 +7.8% | $224,300 +7.1% |
| 2015 | $3,411 +3.8% | $209,400 |
| 2014 | $3,287 -3.7% | $209,400 |
| 2013 | $3,411 -7.3% | $209,400 |
| 2012 | $3,680 +10.7% | $209,400 |
| 2011 | $3,323 | $209,400 |
| 2010 | $3,323 -2.2% | $209,400 -6.2% |
| 2009 | $3,397 +6.5% | $223,300 |
| 2008 | $3,190 +1.3% | $223,300 +14.8% |
| 2007 | $3,150 +1.4% | $194,500 |
| 2006 | $3,105 +9.8% | $194,500 |
| 2005 | $2,829 | $194,500 |
| 2004 | $2,829 +9.5% | $194,500 +34% |
| 2003 | $2,584 +1.7% | $145,100 |
| 2002 | $2,542 +11% | $145,100 |
| 2001 | $2,289 -1.5% | $145,100 |
| 2000 | $2,324 | $145,100 |
Find assessor info on the county website
Neighborhood: 53597
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Nearby schools
GreatSchools rating
- 10/10Arboretum Elementary SchoolGrades: PK-4Distance: 1.2 mi
- 6/10Waunakee Middle SchoolGrades: 7-8Distance: 2.1 mi
- 8/10Waunakee High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Middle: Waunakee
- High: Waunakee
- District: Waunakee
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$450,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$450,000
- Wisconsin
- Dane County
- Waunakee
- 53597
- 5556 Rainbow Rd
