3118 Center Ave
Madison, WI 53704
5 bd 3 ba 1,862 sqft Built 1938 Lot 5,227 sqft single_family
Most recent sale
$575,000
Sep 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 15, 2022 | Sold | $575,000 | MLS #1939374 |
| Jul 22, 2022 | Listed | $599,900 | MLS #1939374 |
| Jun 16, 2022 | Price changed | $599,900 | MLS #1932690 |
| Jun 1, 2022 | Price changed | $649,900 | MLS #1932690 |
| Apr 27, 2022 | Listed | $689,900 | MLS #1932690 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $531,400 | $144,900 | $676,300 | $12,252 |
| 2023 | $430,100 | $144,900 | $575,000 | $10,093 |
| 2022 | $375,700 | $144,900 | $520,600 | $9,952 |
| 2021 | $326,700 | $126,000 | $452,700 | $9,343 |
| 2020 | $319,500 | $120,000 | $439,500 | $9,601 |
| 2019 | $309,500 | $109,100 | $418,600 | $9,144 |
| 2018 | $285,600 | $94,900 | $380,500 | $8,303 |
| 2017 | $290,100 | $90,400 | $380,500 | $8,659 |
| 2016 | $276,800 | $82,200 | $359,000 | $8,376 |
| 2015 | $267,200 | $74,700 | $341,900 | $8,073 |
| 2014 | $261,400 | $70,500 | $331,900 | $8,040 |
| 2013 | $246,600 | $66,500 | $313,100 | $7,583 |
| 2012 | $234,900 | $63,300 | $298,200 | $7,034 |
| 2011 | $234,900 | $63,300 | $298,200 | $6,693 |
| 2010 | $241,000 | $63,300 | $304,300 | $6,597 |
| 2009 | $250,400 | $63,300 | $313,700 | $6,298 |
| 2008 | $256,200 | $57,500 | $313,700 | $5,980 |
| 2007 | $256,200 | $57,500 | $313,700 | $6,061 |
Property facts
Year built
1938
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
1,862 sqft
Lot size
5,227 sqft
ZIP code
53704
City
Madison
Street
Center Ave
Coordinates
43.09246, -89.33914
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,793
Gross rental yield
5.83%
Implied cap rate
3.79%
Trend-extrapolated value
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Frequently asked questions
When did 3118 Center Ave last sell?
3118 Center Ave most recently sold on Sep 15, 2022 for $575,000.
What is the current tax assessment for 3118 Center Ave?
The most recent total assessment for 3118 Center Ave (year 2025) is $676,300 with $12,252 in property tax.
How does 3118 Center Ave's assessment compare to its last sale price?
The current assessment is 17.6% above the last sale price of $575,000.
When was 3118 Center Ave built?
3118 Center Ave was built in 1938.
How does 3118 Center Ave compare to others on Center Ave?
We track 8 other properties on Center Ave. Browse the list under "Other properties on Center Ave" to compare beds, baths, and sale history.
What are the property facts for 3118 Center Ave?
3118 Center Ave is a 5 bed, 3 bath, 1,862 sqft, 5,227 sqft lot single_family.
Is 3118 Center Ave a flip candidate?
No — 3118 Center Ave does not appear in our flips dataset.
Is 3118 Center Ave a tax-appeal candidate?
Yes — 3118 Center Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$292.7K
2026 Q4
$282.2K
ZIP 53704 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Center Ave