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1401-1403 Thompson Dr

Madison, WI 53716

4 bd 4 ba 2,268 sqft Built 1979 Lot 14,810 sqft multi_family
Most recent sale
$330,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 13, 2026 Listed for rent $1,950 Avail
Jun 6, 2024 Listed for rent $1,795 Avail
Jun 30, 2022 Sold $330,000 MLS #1932164
Apr 21, 2022 Listed $360,000 MLS #1932164
Sep 18, 2003 Sold $218,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $289,200 $92,000 $381,200 $7,020
2023 $243,400 $86,600 $330,000 $5,943
2022 $291,500 $76,500 $368,000 $7,295
2021 $230,200 $76,500 $306,700 $6,687
2020 $209,300 $69,500 $278,800 $6,409
2019 $199,300 $66,200 $265,500 $6,095
2018 $181,900 $66,200 $248,100 $5,509
2017 $161,300 $60,200 $221,500 $5,088
2016 $141,200 $60,200 $201,400 $4,748
2015 $135,300 $60,200 $195,500 $4,655
2014 $131,500 $60,200 $191,700 $4,644
2013 $131,500 $60,200 $191,700 $4,692
2012 $131,500 $60,200 $191,700 $4,563
2011 $165,300 $60,200 $225,500 $5,118
2010 $177,200 $60,200 $237,400 $5,205
2009 $177,200 $60,200 $237,400 $4,811
2008 $182,000 $60,200 $242,200 $4,676
2007 $194,700 $60,200 $254,900 $5,439

Property facts

Year built
1979
Property type
multi_family
Stories
Beds
4
Baths
4
Living area
2,268 sqft
Lot size
14,810 sqft
ZIP code
53716
City
Madison
Street
Thompson Dr
Coordinates
43.07783, -89.28243

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,402
Gross rental yield
12.37%
Implied cap rate
8.04%
Trend-extrapolated value

Frequently asked questions

When did 1401-1403 Thompson Dr last sell?
1401-1403 Thompson Dr most recently sold on Jun 30, 2022 for $330,000.
What is the current tax assessment for 1401-1403 Thompson Dr?
The most recent total assessment for 1401-1403 Thompson Dr (year 2025) is $381,200 with $7,020 in property tax.
How does 1401-1403 Thompson Dr's assessment compare to its last sale price?
The current assessment is 15.5% above the last sale price of $330,000.
When was 1401-1403 Thompson Dr built?
1401-1403 Thompson Dr was built in 1979.
How does 1401-1403 Thompson Dr compare to others on Thompson Dr?
We track 8 other properties on Thompson Dr. Browse the list under "Other properties on Thompson Dr" to compare beds, baths, and sale history.
What are the property facts for 1401-1403 Thompson Dr?
1401-1403 Thompson Dr is a 4 bed, 4 bath, 2,268 sqft, 14,810 sqft lot multi_family.
Is 1401-1403 Thompson Dr a flip candidate?
No — 1401-1403 Thompson Dr does not appear in our flips dataset.
Is 1401-1403 Thompson Dr a tax-appeal candidate?
Yes — 1401-1403 Thompson Dr 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
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$520.5K
2026 Q4
$527.2K
ZIP 53716 — Median Price History + Forecast

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