Seller's Agent in 2025
Christopher Lukens
RE/MAX
(608) 620-5744
1 in this area
50 Total Sales
1702 Rae Ln Madison, WI 53711
Meadowood Neighborhood
3
Beds
1
Bath
1,140
Sq Ft
8,712
Sq Ft Lot
Highlights
- Deck
- Ranch Style House
- 2 Car Attached Garage
- Vel Phillips Memorial High School Rated A
- Wood Flooring
- Bathtub
About This Home
As of August 2025New low Price! This solid, well-cared-for home offers incredible value, smart updates & room to grow. Major mechanicals have already been taken care of including updated HVAC, windows, roof & gutters. The interior is clean & move-in ready, with simple cosmetic updates like paint, flooring, countertops & appliances needed to make it your own. The layout is functional & sun-filled, and the lower level is open, dry & ready to be finished—ideal for extra living space or a 4th bedroom with the addition of an egress window. Whether you're a first-time buyer, investor, or someone looking for a great home with minimal effort to customize, this one delivers on value, condition & potential. Schedule your showing today & picture the possibilities. Strong, Clean & Well-Maintained – Ready for You!
Last Agent to Sell the Property
RE/MAX Preferred Brokerage Email: chris@chrislukenshomes.com License #53085-94 Listed on: 06/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,698
Year Built
- Built in 1969
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 74x120
- Level Lot
Home Design
- Ranch Style House
- Poured Concrete
- Vinyl Siding
Interior Spaces
- 1,140 Sq Ft Home
- Low Emissivity Windows
- Wood Flooring
- Basement Fills Entire Space Under The House
- Laundry on lower level
Kitchen
- Breakfast Bar
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
- Bathtub
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway Level
Outdoor Features
- Deck
- Patio
Schools
- Orchard Ridge Elementary School
- Toki Middle School
- Memorial High School
Utilities
- Forced Air Cooling System
- Water Softener
- High Speed Internet
- Cable TV Available
Additional Features
- Low Pile Carpeting
- Property is near a bus stop
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2025
Closed on
Aug 15, 2025
Sold by
Hass Income Trust and Parrish Edward N
Bought by
Mcdermott Jeremy and Mcdermott Mitch
Seller's Agent
Christopher Lukens
RE/MAX Preferred
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$389,900
Sold Price
$350,000
Premium/Discount to List
-$39,900
-10.23%
Views
89
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
225.20%
Original Mortgage
$315,000
Outstanding Balance
$315,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$69,627
Purchase Details
Closed on
May 30, 2012
Sold by
Hass Wayne H and Hass Sue Ann
Bought by
Hass Wayne H and Hass Sue Ann
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $360,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Previous Owner | $5,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $350,000 | -7.9% | $307 / Sq Ft |
| 08/01/2025 08/01/25 | Price Changed | $379,900 | -2.6% | $333 / Sq Ft |
| 06/17/2025 06/17/25 | For Sale | $389,900 | +11.4% | $342 / Sq Ft |
| 06/16/2025 06/16/25 | Off Market | $350,000 | -- | -- |
| 06/15/2025 06/15/25 | For Sale | $389,900 | -- | $342 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $10,193 | $307,800 | $96,100 | $211,700 |
| 2023 | $4,698 | $279,800 | $87,400 | $192,400 |
| 2021 | $4,457 | $225,400 | $70,400 | $155,000 |
| 2020 | $4,439 | $209,700 | $65,500 | $144,200 |
| 2019 | $4,124 | $196,000 | $61,200 | $134,800 |
| 2018 | $3,711 | $176,600 | $61,200 | $115,400 |
| 2017 | $3,669 | $166,600 | $61,200 | $105,400 |
| 2016 | $3,469 | $154,300 | $61,200 | $93,100 |
| 2015 | $3,458 | $148,300 | $61,200 | $87,100 |
| 2014 | $3,384 | $148,300 | $61,200 | $87,100 |
| 2013 | $3,540 | $144,000 | $59,400 | $84,600 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Lukens
-
Matt Kornstedt
Buyer's Agent in 2025
Matt Kornstedt
Stark Company, REALTORS
(608) 345-7943
11 in this area
1,838 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2002206
APN: 0708-364-0824-9
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