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501 Westfield Rd

Madison, WI 53717

3 bd 2 ba 1,977 sqft Built 1977 Lot 10,454 sqft single_family
Most recent sale
$450,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $450,000 MLS #1938911
Jul 13, 2022 Listed $437,000 MLS #1938911
Aug 12, 2021 Sold $395,000 MLS #1913895
Jul 7, 2021 Listed $339,900 MLS #1913895

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $382,800 $135,500 $518,300 $9,304
2023 $321,000 $129,000 $450,000 $7,809
2022 $280,800 $114,200 $395,000 $7,464
2021 $215,300 $102,900 $318,200 $6,452
2020 $197,500 $94,400 $291,900 $6,286
2019 $188,100 $89,900 $278,000 $5,973
2018 $181,700 $85,600 $267,300 $5,754
2017 $180,600 $81,500 $262,100 $5,897
2016 $173,600 $78,400 $252,000 $5,811
2015 $166,900 $75,400 $242,300 $5,662
2014 $163,600 $73,900 $237,500 $5,754
2013 $131,700 $71,100 $202,800 $4,840
2012 $122,300 $71,100 $193,400 $4,498
2011 $126,200 $71,100 $197,300 $4,369
2010 $126,200 $71,100 $197,300 $4,217
2009 $136,600 $71,100 $207,700 $4,118
2008 $145,300 $71,100 $216,400 $4,086
2007 $150,600 $65,800 $216,400 $4,150

Property facts

Year built
1977
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,977 sqft
Lot size
10,454 sqft
ZIP code
53717
City
Madison
Street
Westfield Rd
Coordinates
43.07359, -89.50840

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,966
Gross rental yield
7.91%
Implied cap rate
5.14%
Trend-extrapolated value

Frequently asked questions

When did 501 Westfield Rd last sell?
501 Westfield Rd most recently sold on Sep 2, 2022 for $450,000.
What is the current tax assessment for 501 Westfield Rd?
The most recent total assessment for 501 Westfield Rd (year 2025) is $518,300 with $9,304 in property tax.
How does 501 Westfield Rd's assessment compare to its last sale price?
The current assessment is 15.2% above the last sale price of $450,000.
When was 501 Westfield Rd built?
501 Westfield Rd was built in 1977.
How does 501 Westfield Rd compare to others on Westfield Rd?
We track 8 other properties on Westfield Rd. Browse the list under "Other properties on Westfield Rd" to compare beds, baths, and sale history.
What are the property facts for 501 Westfield Rd?
501 Westfield Rd is a 3 bed, 2 bath, 1,977 sqft, 10,454 sqft lot single_family.
Is 501 Westfield Rd a flip candidate?
No — 501 Westfield Rd does not appear in our flips dataset.
Is 501 Westfield Rd a tax-appeal candidate?
Yes — 501 Westfield Rd 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
+3.1%
Implied 1-yr
+12.4%
2025 Q4
$499K
2026 Q1
$511.8K
ZIP 53717 — Median Price History + Forecast

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