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1018 Lorraine Dr

Madison, WI 53705

3 bd 2 ba 1,303 sqft Built 1955 Lot 6,875 sqft single_family
Most recent sale
$324,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $324,000 MLS #1934435
May 10, 2021 Sold $280,000 MLS #1918016
Jun 26, 2015 Sold $170,000 MLS #1745794
May 9, 2015 Listed $179,900 MLS #1745794
May 29, 2002 Sold $123,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $252,200 $105,200 $357,400 $8,416
2023 $221,900 $102,100 $324,000 $5,798
2022 $191,200 $88,800 $280,000 $5,428
2021 $147,900 $81,500 $229,400 $4,543
2020 $139,500 $76,900 $216,400 $4,589
2019 $130,800 $75,400 $206,200 $4,354
2018 $120,000 $69,200 $189,200 $4,252
2017 $115,500 $64,700 $180,200 $4,033
2016 $109,000 $61,000 $170,000 $3,845
2015 $94,000 $57,000 $151,000 $3,451
2014 $91,300 $55,300 $146,600 $3,552
2013 $93,900 $52,700 $146,600 $3,442
2012 $98,400 $52,700 $151,100 $3,475
2011 $108,000 $52,700 $160,700 $3,526
2010 $108,000 $52,700 $160,700 $3,403
2009 $103,000 $52,700 $155,700 $3,048
2008 $111,200 $52,700 $163,900 $3,064
2007 $115,100 $48,800 $163,900 $3,118

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,303 sqft
Lot size
6,875 sqft
ZIP code
53705
City
Madison
Street
Lorraine Dr
Coordinates
43.07882, -89.47480

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
$1,955
Gross rental yield
7.24%
Implied cap rate
4.71%
Trend-extrapolated value

Frequently asked questions

When did 1018 Lorraine Dr last sell?
1018 Lorraine Dr most recently sold on May 12, 2022 for $324,000.
What is the current tax assessment for 1018 Lorraine Dr?
The most recent total assessment for 1018 Lorraine Dr (year 2025) is $357,400 with $8,416 in property tax.
How does 1018 Lorraine Dr's assessment compare to its last sale price?
The current assessment is 10.3% above the last sale price of $324,000.
When was 1018 Lorraine Dr built?
1018 Lorraine Dr was built in 1955.
How does 1018 Lorraine Dr compare to others on Lorraine Dr?
We track 8 other properties on Lorraine Dr. Browse the list under "Other properties on Lorraine Dr" to compare beds, baths, and sale history.
What are the property facts for 1018 Lorraine Dr?
1018 Lorraine Dr is a 3 bed, 2 bath, 1,303 sqft, 6,875 sqft lot single_family.
Is 1018 Lorraine Dr a flip candidate?
No — 1018 Lorraine Dr does not appear in our flips dataset.
Is 1018 Lorraine Dr a tax-appeal candidate?
No — 1018 Lorraine 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
-8.7%
Implied 1-yr
-34.8%
2026 Q3
$405.9K
2026 Q4
$324.7K
ZIP 53705 — Median Price History + Forecast

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