NOT LISTED FOR SALE

1506 Rae Ln Madison, WI 53711

Orchard Ridge Neighborhood

Estimated Value: $394,664 - $406,000

3 Beds
2 Baths
1,712 Sq Ft
$235/Sq Ft Est. Value

About This Home

This home is located at 1506 Rae Ln, Madison, WI 53711 and is currently estimated at $402,666, approximately $235 per square foot. 1506 Rae Ln is a home located in Dane County with nearby schools including Orchard Ridge Elementary School, Toki Middle School, and Vel Phillips Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2010
Sold by
Tong Carl W and Tong Ruth I
Bought by
Polk Priscilla
Current Estimated Value
$402,666

Purchase Details

Closed on
May 31, 2005
Sold by
Poppen Mitchell D and Poppen Kari N
Bought by
Tong Carl W and Tong Ruth I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Polk Priscilla $178,000 None Available
Tong Carl W $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tong Carl W $135,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,103 $333,500 $95,800 $237,700
2023 $5,126 $303,200 $87,100 $216,100
2021 $4,863 $244,300 $70,200 $174,100
2020 $4,834 $227,300 $65,300 $162,000
2019 $4,493 $212,400 $61,000 $151,400
2018 $4,123 $194,900 $61,000 $133,900
2017 $4,073 $183,900 $61,000 $122,900
2016 $3,852 $170,300 $61,000 $109,300
2015 $3,838 $163,700 $61,000 $102,700
2014 $3,757 $163,700 $61,000 $102,700
2013 $3,924 $158,900 $59,200 $99,700
Source: Public Records

Map

Wisconsin Dane County Madison 53711 Orchard Ridge

1506 Rae Ln, Madison, WI

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