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533 Commerce Dr

Madison, WI 53719

2 bd 2 ba 1,378 sqft Built 2006 condos
Most recent sale
$287,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $287,000 MLS #1929956
Mar 22, 2022 Listed $264,900 MLS #1929956
Sep 11, 2007 Sold $215,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $311,100 $23,500 $334,600 $6,151
2023 $265,600 $21,400 $287,000 $5,157
2022 $222,700 $18,800 $241,500 $4,700
2021 $198,800 $18,800 $217,600 $4,598
2020 $198,800 $18,800 $217,600 $4,815
2019 $184,600 $18,800 $203,400 $4,509
2018 $184,600 $18,800 $203,400 $4,503
2017 $184,600 $18,800 $203,400 $4,666
2016 $180,600 $18,800 $199,400 $4,700
2015 $172,000 $17,900 $189,900 $4,520
2014 $178,400 $17,900 $196,300 $4,756
2013 $178,400 $17,900 $196,300 $4,807
2012 $182,400 $17,900 $200,300 $4,771
2011 $174,700 $17,900 $192,600 $4,361
2010 $174,700 $17,900 $192,600 $4,209
2009 $193,700 $17,900 $211,600 $4,280
2008 $198,000 $17,900 $215,900 $4,165
2007 $198,000 $17,900 $215,900 $4,242

Property facts

Year built
2006
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,378 sqft
Lot size
ZIP code
53719
City
Madison
Street
Commerce Dr
Coordinates
43.05375, -89.52243

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
$2,067
Gross rental yield
8.64%
Implied cap rate
5.62%
Trend-extrapolated value

Frequently asked questions

When did 533 Commerce Dr last sell?
533 Commerce Dr most recently sold on Apr 22, 2022 for $287,000.
What is the current tax assessment for 533 Commerce Dr?
The most recent total assessment for 533 Commerce Dr (year 2025) is $334,600 with $6,151 in property tax.
How does 533 Commerce Dr's assessment compare to its last sale price?
The current assessment is 16.6% above the last sale price of $287,000.
When was 533 Commerce Dr built?
533 Commerce Dr was built in 2006.
How does 533 Commerce Dr compare to others on Commerce Dr?
We track 6 other properties on Commerce Dr. Browse the list under "Other properties on Commerce Dr" to compare beds, baths, and sale history.
What are the property facts for 533 Commerce Dr?
533 Commerce Dr is a 2 bed, 2 bath, 1,378 sqft condos.
Is 533 Commerce Dr a flip candidate?
No — 533 Commerce Dr does not appear in our flips dataset.
Is 533 Commerce Dr a tax-appeal candidate?
No — 533 Commerce 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
+2.6%
Implied 1-yr
+10.4%
2026 Q3
$468.2K
2026 Q4
$478.6K
ZIP 53719 — Median Price History + Forecast

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