501 Milky Way
Madison, WI 53718
3 bd 3 ba 2,013 sqft Built 2011 Lot 7,405 sqft single_family
Most recent sale
$455,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $455,000 | MLS #1930978 |
| Apr 28, 2022 | Listed | $419,900 | MLS #1930978 |
| Feb 28, 2012 | Sold | $275,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $391,200 | $94,200 | $485,400 | $8,690 |
| 2023 | $367,800 | $87,200 | $455,000 | $8,228 |
| 2022 | $291,800 | $73,900 | $365,700 | $7,161 |
| 2021 | $258,200 | $65,400 | $323,600 | $6,871 |
| 2020 | $245,900 | $62,300 | $308,200 | $6,845 |
| 2019 | $267,400 | $61,100 | $328,500 | $7,331 |
| 2018 | $245,900 | $61,100 | $307,000 | $6,836 |
| 2017 | $234,100 | $61,100 | $295,200 | $6,891 |
| 2016 | $225,500 | $61,100 | $286,600 | $6,876 |
| 2015 | $219,900 | $61,100 | $281,000 | $6,813 |
| 2014 | $217,500 | $58,000 | $275,500 | $6,674 |
| 2013 | $217,500 | $58,000 | $275,500 | $6,778 |
| 2012 | $65,300 | $58,000 | $123,300 | $2,908 |
| 2011 | — | $5,800 | $5,800 | $134 |
| 2010 | — | $5,800 | $5,800 | $129 |
| 2009 | — | $5,800 | $5,800 | $119 |
| 2008 | — | $5,800 | $5,800 | $113 |
| 2007 | — | $5,800 | $5,800 | $114 |
Property facts
Year built
2011
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,013 sqft
Lot size
7,405 sqft
ZIP code
53718
City
Madison
Street
Milky Way
Coordinates
43.09179, -89.27892
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,020
Gross rental yield
7.96%
Implied cap rate
5.18%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Milky Way last sell?
501 Milky Way most recently sold on Jun 10, 2022 for $455,000.
What is the current tax assessment for 501 Milky Way?
The most recent total assessment for 501 Milky Way (year 2025) is $485,400 with $8,690 in property tax.
How does 501 Milky Way's assessment compare to its last sale price?
The current assessment is 6.7% above the last sale price of $455,000.
When was 501 Milky Way built?
501 Milky Way was built in 2011.
How does 501 Milky Way compare to others on Milky Way?
We track 8 other properties on Milky Way. Browse the list under "Other properties on Milky Way" to compare beds, baths, and sale history.
What are the property facts for 501 Milky Way?
501 Milky Way is a 3 bed, 3 bath, 2,013 sqft, 7,405 sqft lot single_family.
Is 501 Milky Way a flip candidate?
No — 501 Milky Way does not appear in our flips dataset.
Is 501 Milky Way a tax-appeal candidate?
No — 501 Milky Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.5%
Implied 1-yr
+17.9%
2026 Q3
$461.7K
2026 Q4
$477.8K
ZIP 53718 — Median Price History + Forecast
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Geography
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