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1615 Norman Way

Madison, WI 53705

3 bd 2 ba 1,557 sqft Built 1956 Lot 22,651 sqft single_family
Most recent sale
$475,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $475,000 MLS #1930815
Apr 1, 2022 Listed $500,000 MLS #1930815

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $272,800 $251,200 $524,000 $9,410
2023 $231,100 $243,900 $475,000 $8,265
2022 $26,700 $212,100 $238,800 $4,368
2021 $24,500 $194,600 $219,100 $4,321
2020 $23,100 $183,600 $206,700 $4,371
2019 $22,600 $180,000 $202,600 $4,272
2018 $20,800 $165,100 $185,900 $4,059
2017 $22,700 $154,300 $177,000 $4,207
2016 $21,400 $145,600 $167,000 $3,773
2015 $20,000 $136,100 $156,100 $3,575
2014 $19,500 $132,100 $151,600 $3,673
2013 $25,800 $125,800 $151,600 $4,760
2012 $30,500 $125,800 $156,300 $4,526
2011 $40,500 $125,800 $166,300 $4,281
2010 $40,500 $125,800 $166,300 $4,202
2009 $40,500 $125,800 $166,300 $3,276
2008 $49,200 $125,800 $175,000 $4,410
2007 $58,500 $116,500 $175,000 $4,031

Property facts

Year built
1956
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,557 sqft
Lot size
22,651 sqft
ZIP code
53705
City
Madison
Street
Norman Way
Coordinates
43.08152, -89.47943

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,336
Gross rental yield
5.90%
Implied cap rate
3.84%
Trend-extrapolated value

Frequently asked questions

When did 1615 Norman Way last sell?
1615 Norman Way most recently sold on Jun 10, 2022 for $475,000.
What is the current tax assessment for 1615 Norman Way?
The most recent total assessment for 1615 Norman Way (year 2025) is $524,000 with $9,410 in property tax.
How does 1615 Norman Way's assessment compare to its last sale price?
The current assessment is 10.3% above the last sale price of $475,000.
When was 1615 Norman Way built?
1615 Norman Way was built in 1956.
How does 1615 Norman Way compare to others on Norman Way?
We track 8 other properties on Norman Way. Browse the list under "Other properties on Norman Way" to compare beds, baths, and sale history.
What are the property facts for 1615 Norman Way?
1615 Norman Way is a 3 bed, 2 bath, 1,557 sqft, 22,651 sqft lot single_family.
Is 1615 Norman Way a flip candidate?
No — 1615 Norman Way does not appear in our flips dataset.
Is 1615 Norman Way a tax-appeal candidate?
No — 1615 Norman Way 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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