505 Vernon Ave
Madison, WI 53714
3 bd 3 ba 2,177 sqft Built 1966 Lot 10,890 sqft single_family
Most recent sale
$358,000
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2022 | Sold | $358,000 | MLS #1936015 |
| Jun 16, 2022 | Listed | $324,900 | MLS #1936015 |
| Nov 4, 2016 | Sold | $225,000 | MLS #1786703 |
| Sep 19, 2016 | Listed | $224,900 | MLS #1786703 |
| Mar 27, 2015 | Sold | $205,000 | MLS #1736390 |
| Feb 12, 2015 | Relisted | $195,000 | MLS #1736390 |
| Feb 9, 2015 | Listing removed | $195,000 | SCWMLS |
| Jun 2, 2014 | Listing removed | $157,500 | SCWMLS |
| Mar 21, 2014 | Price changed | $157,500 | MLS #1700327 |
| Feb 4, 2014 | Price changed | $173,000 | MLS #1700327 |
| Oct 30, 2013 | Listed | $185,000 | MLS #1700327 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $324,200 | $75,400 | $399,600 | $7,089 |
| 2023 | $288,800 | $68,200 | $357,000 | $6,109 |
| 2022 | $265,900 | $61,000 | $326,900 | $6,114 |
| 2021 | $228,300 | $61,000 | $289,300 | $5,830 |
| 2020 | $213,400 | $57,000 | $270,400 | $5,803 |
| 2019 | $207,200 | $55,300 | $262,500 | $5,624 |
| 2018 | $185,500 | $55,300 | $240,800 | $5,157 |
| 2017 | $174,700 | $50,300 | $225,000 | $5,032 |
| 2016 | $157,200 | $50,300 | $207,500 | $4,744 |
| 2015 | $151,200 | $50,300 | $201,500 | $4,674 |
| 2014 | $116,200 | $50,300 | $166,500 | $4,034 |
| 2013 | $116,200 | $50,300 | $166,500 | $3,937 |
| 2012 | $119,600 | $50,300 | $169,900 | $3,930 |
| 2011 | $128,500 | $50,300 | $178,800 | $3,943 |
| 2010 | $132,400 | $51,900 | $184,300 | $3,928 |
| 2009 | $132,400 | $51,900 | $184,300 | $3,662 |
| 2008 | $138,100 | $51,900 | $190,000 | $3,877 |
| 2007 | $134,400 | $51,900 | $186,300 | $3,558 |
Property facts
Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,177 sqft
Lot size
10,890 sqft
ZIP code
53714
City
Madison
Street
Vernon Ave
Coordinates
43.09073, -89.30416
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,266
Gross rental yield
10.95%
Implied cap rate
7.12%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Vernon Ave last sell?
505 Vernon Ave most recently sold on Aug 19, 2022 for $358,000.
What is the current tax assessment for 505 Vernon Ave?
The most recent total assessment for 505 Vernon Ave (year 2025) is $399,600 with $7,089 in property tax.
How does 505 Vernon Ave's assessment compare to its last sale price?
The current assessment is 11.6% above the last sale price of $358,000.
When was 505 Vernon Ave built?
505 Vernon Ave was built in 1966.
How does 505 Vernon Ave compare to others on Vernon Ave?
We track 8 other properties on Vernon Ave. Browse the list under "Other properties on Vernon Ave" to compare beds, baths, and sale history.
What are the property facts for 505 Vernon Ave?
505 Vernon Ave is a 3 bed, 3 bath, 2,177 sqft, 10,890 sqft lot single_family.
Is 505 Vernon Ave a flip candidate?
No — 505 Vernon Ave does not appear in our flips dataset.
Is 505 Vernon Ave a tax-appeal candidate?
No — 505 Vernon Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.6%
Implied 1-yr
+6.3%
2026 Q3
$364.7K
2026 Q4
$370K
ZIP 53714 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Vernon Ave