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507 Madison St

Watertown, WI 53094

3 bd 2 ba 1,350 sqft Built 1915 Lot 4,356 sqft single_family
Most recent sale
$220,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $220,000 MLS #1937577
Jun 22, 2022 Listed $199,900 MLS #1937577
Jun 20, 2019 Sold $147,000 Public Record
Nov 20, 2015 Sold $116,000 MetroMLS
Sep 3, 2015 Listed $124,900 MetroMLS
Jan 7, 2010 Sold $116,100 Public Record
Dec 31, 2009 Sold $116,087 MetroMLS
Nov 8, 2009 Price changed $115,000 MetroMLS
Oct 18, 2009 Price changed $125,000 MetroMLS
Jun 12, 2009 Price changed $135,000 MetroMLS
Apr 27, 2009 Price changed $145,000 MetroMLS
Apr 4, 2009 Listed $155,000 MetroMLS
Aug 7, 2006 Sold $151,500 Public Record
Aug 25, 2005 Sold $141,900 Public Record
Aug 19, 2005 Sold $141,900 MetroMLS
Jun 2, 2004 Sold $129,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $201,100 $31,400 $232,500 $3,280
2023 $121,700 $26,100 $147,800 $2,385
2022 $121,700 $26,100 $147,800 $2,405
2021 $87,700 $20,000 $107,700 $2,496
2020 $87,700 $20,000 $107,700 $2,546
2019 $87,700 $20,000 $107,700 $2,462
2018 $87,700 $20,000 $107,700 $2,414
2017 $87,700 $20,000 $107,700 $2,332
2016 $87,700 $20,000 $107,700 $2,294
2015 $87,700 $20,000 $107,700 $2,284
2014 $87,700 $20,000 $107,700 $2,348
2013 $87,700 $20,000 $107,700 $2,348
2012 $87,700 $20,000 $107,700 $2,363
2011 $109,300 $28,300 $137,600 $2,740
2010 $109,300 $28,300 $137,600 $2,629
2009 $122,900 $28,300 $151,200 $2,798
2008 $122,900 $28,300 $151,200 $2,686
2007 $122,900 $28,300 $151,200 $2,714

Property facts

Year built
1915
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,350 sqft
Lot size
4,356 sqft
ZIP code
53094
City
Watertown
Street
Madison St
Coordinates
43.19263, -88.73075

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,025
Gross rental yield
11.05%
Implied cap rate
7.18%
Trend-extrapolated value

Frequently asked questions

When did 507 Madison St last sell?
507 Madison St most recently sold on Jul 27, 2022 for $220,000.
What is the current tax assessment for 507 Madison St?
The most recent total assessment for 507 Madison St (year 2025) is $232,500 with $3,280 in property tax.
How does 507 Madison St's assessment compare to its last sale price?
The current assessment is 5.7% above the last sale price of $220,000.
When was 507 Madison St built?
507 Madison St was built in 1915.
How does 507 Madison St compare to others on Madison St?
We track 7 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 507 Madison St?
507 Madison St is a 3 bed, 2 bath, 1,350 sqft, 4,356 sqft lot single_family.
Is 507 Madison St a flip candidate?
No — 507 Madison St does not appear in our flips dataset.
Is 507 Madison St a tax-appeal candidate?
No — 507 Madison St 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
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$345.8K
2026 Q4
$354.2K
ZIP 53094 — Median Price History + Forecast

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