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2038 Rae Ln

Madison, WI 53711

4 bd 2 ba 1,914 sqft Built 1962 Lot 11,426 sqft single_family
Most recent sale
$360,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $360,000 Public Record
Apr 29, 2022 Sold $360,000 MLS #1929775
Mar 24, 2022 Listed $315,000 MLS #1929775
Oct 7, 2016 Sold $174,000 Public Record
Oct 31, 2011 Sold $175,000 Public Record
Aug 25, 2011 Listing removed $179,900 SCWMLS
Apr 26, 2011 Listed $179,900 MLS #1622097
Sep 1, 2010 Listing removed $200,000 SCWMLS
Jul 1, 2010 Price changed $200,000 MLS #1581805
Feb 1, 2010 Listing removed $229,900 SCWMLS
Feb 1, 2010 Listed $219,500 MLS #1581805
Aug 19, 2009 Listed $229,900 MLS #1568211

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $282,900 $98,800 $381,700 $6,756
2023 $239,300 $89,800 $329,100 $5,599
2022 $211,700 $79,500 $291,200 $5,407
2021 $192,400 $72,300 $264,700 $6,691
2020 $175,700 $66,000 $241,700 $6,376
2019 $165,700 $62,300 $228,000 $5,933
2018 $154,900 $58,200 $213,100 $5,552
2017 $133,800 $58,200 $192,000 $5,037
2016 $124,700 $58,200 $182,900 $4,154
2015 $121,100 $58,200 $179,300 $4,136
2014 $118,700 $57,100 $175,800 $4,259
2013 $118,700 $57,100 $175,800 $4,168
2012 $123,600 $59,500 $183,100 $4,249
2011 $130,200 $62,600 $192,800 $4,265
2010 $132,800 $63,900 $196,700 $4,204
2009 $141,000 $63,900 $204,900 $4,060
2008 $143,900 $65,200 $209,100 $3,944
2007 $143,900 $65,200 $209,100 $4,006

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,914 sqft
Lot size
11,426 sqft
ZIP code
53711
City
Madison
Street
Rae Ln
Coordinates
43.03028, -89.48604

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,871
Gross rental yield
9.57%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 2038 Rae Ln last sell?
2038 Rae Ln most recently sold on Jun 22, 2022 for $360,000.
What is the current tax assessment for 2038 Rae Ln?
The most recent total assessment for 2038 Rae Ln (year 2025) is $381,700 with $6,756 in property tax.
How does 2038 Rae Ln's assessment compare to its last sale price?
The current assessment is 6.0% above the last sale price of $360,000.
When was 2038 Rae Ln built?
2038 Rae Ln was built in 1962.
How does 2038 Rae Ln compare to others on Rae Ln?
We track 8 other properties on Rae Ln. Browse the list under "Other properties on Rae Ln" to compare beds, baths, and sale history.
What are the property facts for 2038 Rae Ln?
2038 Rae Ln is a 4 bed, 2 bath, 1,914 sqft, 11,426 sqft lot single_family.
Is 2038 Rae Ln a flip candidate?
No — 2038 Rae Ln does not appear in our flips dataset.
Is 2038 Rae Ln a tax-appeal candidate?
No — 2038 Rae Ln 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
+0.4%
Implied 1-yr
+1.8%
2026 Q3
$499.1K
2026 Q4
$501.2K
ZIP 53711 — Median Price History + Forecast

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