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3111 Southway Dr

Franklin, WI 53132

4 bd 2 ba 1,156 sqft Built 1954 Lot 61,420 sqft single_family
Most recent sale
$315,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 10, 2025 Listed for rent $2,600 ShowMojo
Sep 22, 2022 Sold $315,000 MLS #1805325
Aug 15, 2022 Price changed $319,900 MLS #1805325
Aug 7, 2022 Price changed $329,900 MLS #1805325
Aug 2, 2022 Listed $339,900 MLS #1805325
Sep 16, 2021 Sold $295,000 MLS #1756303
Jun 9, 2016 Sold $190,000 Public Record
May 19, 2016 Listing removed $185,000 MetroMLS
Mar 30, 2016 Listed $185,000 MLS #1467421

Tax assessment history

YearBuildingLandTotal assessedTax paid
2016 $85,700 $72,600 $158,300 $3,328
2015 $69,500 $67,400 $136,900 $3,172
2014 $69,500 $67,400 $136,900 $3,092
2013 $69,500 $67,400 $136,900 $3,068
2012 $85,000 $79,100 $164,100 $3,431
2011 $85,000 $79,100 $164,100 $3,363
2010 $85,000 $79,100 $164,100 $3,344
2009 $98,900 $79,100 $178,000 $3,671
2008 $98,900 $79,100 $178,000 $3,448

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,156 sqft
Lot size
61,420 sqft
ZIP code
53132
City
Franklin
Street
Southway Dr
Coordinates
42.89626, -87.95604

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,734
Gross rental yield
6.61%
Implied cap rate
4.29%
Trend-extrapolated value

Frequently asked questions

When did 3111 Southway Dr last sell?
3111 Southway Dr most recently sold on Sep 22, 2022 for $315,000.
What is the current tax assessment for 3111 Southway Dr?
The most recent total assessment for 3111 Southway Dr (year 2016) is $158,300 with $3,328 in property tax.
How does 3111 Southway Dr's assessment compare to its last sale price?
The current assessment is 49.7% below the last sale price of $315,000.
When was 3111 Southway Dr built?
3111 Southway Dr was built in 1954.
How does 3111 Southway Dr compare to others on Southway Dr?
We track 3 other properties on Southway Dr. Browse the list under "Other properties on Southway Dr" to compare beds, baths, and sale history.
What are the property facts for 3111 Southway Dr?
3111 Southway Dr is a 4 bed, 2 bath, 1,156 sqft, 61,420 sqft lot single_family.
Is 3111 Southway Dr a flip candidate?
No — 3111 Southway Dr does not appear in our flips dataset.
Is 3111 Southway Dr a tax-appeal candidate?
No — 3111 Southway Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+10.0%
2026 Q3
$508.4K
2026 Q4
$519.3K
ZIP 53132 — Median Price History + Forecast

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