5830 Balsam Rd
Madison, WI 53711
8 bd 4 ba 3,108 sqft Built 1961 Lot 12,197 sqft multi_family
Most recent sale
$467,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $467,000 | MLS #1931387 |
| Apr 8, 2022 | Listed | $450,000 | MLS #1931387 |
| Jun 11, 2020 | Sold | $51,667 | Public Record |
| Jun 12, 2019 | Sold | $260,000 | Public Record |
| Sep 28, 2010 | Sold | $167,000 | Public Record |
| Sep 29, 2004 | Sold | $235,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $366,400 | $124,000 | $490,400 | $9,057 |
| 2023 | $354,000 | $113,000 | $467,000 | $8,447 |
| 2022 | $293,000 | $103,000 | $396,000 | $7,762 |
| 2021 | $266,000 | $94,000 | $360,000 | $7,653 |
| 2020 | $196,000 | $94,000 | $290,000 | $6,437 |
| 2019 | $181,000 | $94,000 | $275,000 | $6,124 |
| 2018 | $161,100 | $93,900 | $255,000 | $5,665 |
| 2017 | $126,100 | $93,900 | $220,000 | $5,054 |
| 2016 | $85,100 | $89,900 | $175,000 | $4,115 |
| 2015 | $77,100 | $89,900 | $167,000 | $3,965 |
| 2014 | $77,100 | $89,900 | $167,000 | $4,046 |
| 2013 | $77,100 | $89,900 | $167,000 | $4,079 |
| 2012 | $77,100 | $89,900 | $167,000 | $3,965 |
| 2011 | $77,100 | $89,900 | $167,000 | $3,771 |
| 2010 | $141,700 | $89,900 | $231,600 | $5,077 |
| 2009 | $182,700 | $89,900 | $272,600 | $5,699 |
| 2008 | $182,700 | $89,900 | $272,600 | $5,369 |
| 2007 | $187,000 | $85,600 | $272,600 | $5,356 |
Property facts
Year built
1961
Property type
multi_family
Stories
2
Beds
8
Baths
4
Living area
3,108 sqft
Lot size
12,197 sqft
ZIP code
53711
City
Madison
Street
Balsam Rd
Coordinates
43.03063, -89.48226
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,662
Gross rental yield
11.98%
Implied cap rate
7.79%
Trend-extrapolated value
—
Frequently asked questions
When did 5830 Balsam Rd last sell?
5830 Balsam Rd most recently sold on May 31, 2022 for $467,000.
What is the current tax assessment for 5830 Balsam Rd?
The most recent total assessment for 5830 Balsam Rd (year 2025) is $490,400 with $9,057 in property tax.
How does 5830 Balsam Rd's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $467,000.
When was 5830 Balsam Rd built?
5830 Balsam Rd was built in 1961.
How does 5830 Balsam Rd compare to others on Balsam Rd?
We track 5 other properties on Balsam Rd. Browse the list under "Other properties on Balsam Rd" to compare beds, baths, and sale history.
What are the property facts for 5830 Balsam Rd?
5830 Balsam Rd is a 8 bed, 4 bath, 3,108 sqft, 12,197 sqft lot multi_family.
Is 5830 Balsam Rd a flip candidate?
Yes — 5830 Balsam Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5830 Balsam Rd a tax-appeal candidate?
No — 5830 Balsam Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.4%
Implied 1-yr
+1.8%
2026 Q3
$499.1K
2026 Q4
$501.2K
ZIP 53711 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Balsam Rd