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2534 Commercial Ave

Madison, WI 53704

2 bd 1 ba 1,344 sqft Built 1925 Lot 5,227 sqft single_family
Most recent sale
$225,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $225,000 MLS #1928945
Mar 17, 2022 Listed $190,000 MLS #1928945

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $252,300 $61,700 $314,000 $5,492
2023 $167,900 $57,100 $225,000 $3,696
2022 $197,300 $48,800 $246,100 $4,513
2021 $171,600 $42,400 $214,000 $4,314
2020 $161,900 $40,000 $201,900 $4,369
2019 $157,200 $38,800 $196,000 $4,278
2018 $141,000 $38,800 $179,800 $3,895
2017 $131,700 $36,300 $168,000 $3,817
2016 $113,700 $36,300 $150,000 $3,484
2015 $108,300 $34,600 $142,900 $3,376
2014 $108,300 $34,600 $142,900 $3,462
2013 $108,300 $34,600 $142,900 $3,477
2012 $111,600 $35,700 $147,300 $3,535
2011 $121,300 $38,800 $160,100 $3,813
2010 $123,800 $39,600 $163,400 $3,598
2009 $127,100 $39,600 $166,700 $3,421
2008 $137,600 $36,000 $173,600 $3,278
2007 $139,200 $27,700 $166,900 $3,177

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,344 sqft
Lot size
5,227 sqft
ZIP code
53704
City
Madison
Street
Commercial Ave
Coordinates
43.10707, -89.34975

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,016
Gross rental yield
10.75%
Implied cap rate
6.99%
Trend-extrapolated value

Frequently asked questions

When did 2534 Commercial Ave last sell?
2534 Commercial Ave most recently sold on May 13, 2022 for $225,000.
What is the current tax assessment for 2534 Commercial Ave?
The most recent total assessment for 2534 Commercial Ave (year 2025) is $314,000 with $5,492 in property tax.
How does 2534 Commercial Ave's assessment compare to its last sale price?
The current assessment is 39.6% above the last sale price of $225,000.
When was 2534 Commercial Ave built?
2534 Commercial Ave was built in 1925.
How does 2534 Commercial Ave compare to others on Commercial Ave?
We track 8 other properties on Commercial Ave. Browse the list under "Other properties on Commercial Ave" to compare beds, baths, and sale history.
What are the property facts for 2534 Commercial Ave?
2534 Commercial Ave is a 2 bed, 1 bath, 1,344 sqft, 5,227 sqft lot single_family.
Is 2534 Commercial Ave a flip candidate?
No — 2534 Commercial Ave does not appear in our flips dataset.
Is 2534 Commercial Ave a tax-appeal candidate?
Yes — 2534 Commercial 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 valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$292.7K
2026 Q4
$282.2K
ZIP 53704 — Median Price History + Forecast

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