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2741 Commercial Ave

Madison, WI 53704

3 bd 2 ba 1,106 sqft Built 1940 Lot 3,920 sqft single_family
Most recent sale
$355,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $355,000 MLS #1932898
Apr 28, 2022 Listed $299,900 MLS #1932898
Oct 11, 2016 Sold $206,500 MLS #1784860
Aug 24, 2016 Listed $209,900 MLS #1784860
Jun 25, 2008 Sold $141,000 Public Record
Jan 6, 2003 Sold $115,000 Public Record
Oct 17, 2000 Sold $77,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $340,400 $73,700 $414,100 $7,360
2023 $286,100 $68,900 $355,000 $6,072
2022 $232,300 $61,000 $293,300 $5,448
2021 $196,900 $51,700 $248,600 $4,955
2020 $192,600 $48,800 $241,400 $5,151
2019 $185,200 $46,900 $232,100 $4,938
2018 $174,100 $46,900 $221,000 $4,711
2017 $162,700 $43,800 $206,500 $4,600
2016 $132,300 $43,800 $176,100 $3,991
2015 $123,700 $40,900 $164,600 $3,780
2014 $98,400 $38,600 $137,000 $3,319
2013 $81,100 $38,600 $119,700 $2,773
2012 $84,800 $38,600 $123,400 $2,804
2011 $91,100 $40,200 $131,300 $2,849
2010 $93,000 $41,000 $134,000 $2,809
2009 $95,700 $41,000 $136,700 $2,657
2008 $110,800 $37,300 $148,100 $2,757
2007 $106,500 $35,900 $142,400 $2,696

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,106 sqft
Lot size
3,920 sqft
ZIP code
53704
City
Madison
Street
Commercial Ave
Coordinates
43.10656, -89.34583

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
$1,659
Gross rental yield
5.61%
Implied cap rate
3.65%
Trend-extrapolated value

Frequently asked questions

When did 2741 Commercial Ave last sell?
2741 Commercial Ave most recently sold on Jun 1, 2022 for $355,000.
What is the current tax assessment for 2741 Commercial Ave?
The most recent total assessment for 2741 Commercial Ave (year 2025) is $414,100 with $7,360 in property tax.
How does 2741 Commercial Ave's assessment compare to its last sale price?
The current assessment is 16.6% above the last sale price of $355,000.
When was 2741 Commercial Ave built?
2741 Commercial Ave was built in 1940.
How does 2741 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 2741 Commercial Ave?
2741 Commercial Ave is a 3 bed, 2 bath, 1,106 sqft, 3,920 sqft lot single_family.
Is 2741 Commercial Ave a flip candidate?
No — 2741 Commercial Ave does not appear in our flips dataset.
Is 2741 Commercial Ave a tax-appeal candidate?
Yes — 2741 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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