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Sold
  • $463,000

    5725 Raymond Rd, Madison, WI 53711

    8beds
    3,050sqft
    Apartment
    Built in 1960
    -- sqft lot
    $560,600 Zestimate®
    $152/sqft
    $1,548 Estimated rent

    Home value

    $560,600

    $521,000 - $600,000

    $1,548/mo

    Zestimate® history
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    What's special

    Hi 4 unit multi-family in the Meadowood Neighborhood on Madison's West Side. Fully leased, low maintenance brick exterior, on the bus line, and very easy walk to area attractions, schools, parks and stores.

    Zillow last checked:

    Listing updated:

    Listed by:

    Greg Wagner,

    Keller Williams Lake Country

    Bought with:

    Matt Winzenried Real Estate Team

    Realty Executives Cooper Spransy

    Source: SCWMLS,MLS#: 1982666

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)
    Appliances
    • Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4), Water Softener Owned
    Features
    • Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Separate Storage (Unit 1), Shared basement, Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2), Separate Storage (Unit 2), Eat In Kitchen (Unit 3), Family/Rec Room (Unit 3), Separate Storage (Unit 3), Eat In Kitchen (Unit 4), Family/Rec Room (Unit 4), Separate Storage (Unit 4)
    • Flooring: Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 3), Wood or Simulated Wood (Unit 4)
    • Basement: Full
    Interior area
    • Total structure area: 3,050
    • Total interior livable area: 3,050 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: 1 space
    • Details: Outside
    Features
    • Levels: Two
    • Patio & porch: Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
    Lot
    • Size: 0.28 Acres
    • Features: Near Public Transit
    Details
    • Parcel number: 060906202027
    • Zoning: SR-V1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Brick
    • Foundation: Poured concrete foundatn
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate elec meters, Separate gas meters

    Community & HOA

    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $152/sqft
    • Tax assessed value: $455,000
    • Annual tax amount: $7,586
    • Date on market: 7/31/2024
    • Listing terms: Arms Length
    • Inclusions: 4 of the following - Oven/Range, Fridge Water Softener is owned
    • Exclusions: Tenant and Seller personal property
    • Total actual rent: 48600

    Price history

    DateEventPrice
    9/24/2024Sold$463,000-6.5%$152/sqft
    Source: Public Record Report a problem
    8/12/2024Pending sale$495,000$162/sqft
    Source: WIREX MLS #1982666 Report a problem
    8/8/2024Contingent$495,000$162/sqft
    Source: WIREX MLS #1982666 Report a problem
    7/31/2024Listed for sale$495,000+80%$162/sqft
    Source: WIREX MLS #1982666 Report a problem
    9/16/2016Sold$275,000+31%$90/sqft
    Source: Public Record Report a problem
    7/30/2009Sold$210,000$69/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,907 +6.5%$455,000 +9.6%
    2023$8,362 $415,000 +15.3%
    2022-- $360,000
    2021-- $360,000 +24.6%
    2020-- $289,000 +5.1%
    2019$5,665 $275,000 +7.8%
    2018$5,665 -10.6%$255,000 -7.3%
    2017$6,337 +52.4%$275,000 +49.5%
    2016$4,159 -0.1%$184,000 +5.1%
    2014$4,162 +5.2%$175,000
    2013$3,955 -4.9%$175,000
    2012$4,159 +5.1%$175,000
    2011$3,955 +3.6%$175,000
    2010$3,817 -17.7%$175,000 -23.6%
    2009$4,638 +4.9%$229,000
    2008$4,420 -15.9%$229,000 -14.4%
    2007$5,253 +3.7%$267,400 +4%
    2006$5,065 -2.4%$257,100 +3%
    2005$5,188 -1.9%$249,600 +5%
    2004$5,288 -2.1%$237,700
    2003$5,404 +13.6%$237,700 +15%
    2002$4,756 +0.2%$206,700 +5%
    2001$4,747 +0.9%$196,900 +4%
    2000$4,707 $189,300
    Find assessor info on the county website

    Neighborhood: Meadowood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Orchard Ridge
    • Middle: Toki
    • High: Memorial
    • District: Madison

    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
    $560,600
    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
    $560,600