Michael Leeson
Realty Executives Cooper Spransy
(608) 292-6702
199 Total Sales
1 in Meadowood
$460,000 Price
1702 Rae Ln Madison, WI 53711
Meadowood NeighborhoodEstimated Value: $368,000 - $390,000
3
Beds
1
Bath
1,140
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- Deck
- Ranch Style House
- 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
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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
- 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 Heating and Cooling System
- Water Softener
- High Speed Internet
- Cable TV Available
Additional Features
- Low Pile Carpeting
- Property is near bus stop
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2025
Closed on
Aug 15, 2025
Sold by
Bought by
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,385
Avg. Annual Appreciation
8.46%
Original Mortgage
$315,000
Outstanding Balance
$312,175
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$66,210
Purchase Details
Closed on
May 30, 2012
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Meadowood, WI
-
Michael Leeson
-
Greskelly Diaz Penaranda
Greskelly Diaz Penaranda
EXP Realty, LLC
(608) 640-3207
142 Total Sales
2 in Meadowood
$335K - $370K Price Range
-
Sona Olson
Sona Olson
Responds QuicklyReal Broker LLC
(608) 292-3957
63 Total Sales
1 in Meadowood
$437,500 Price
-
Jennifer Elliott
Jennifer Elliott
EXIT Professional Real Estate
(608) 292-4204
103 Total Sales
1 in Meadowood
$350,000 Price
-
Anne Baranski
Anne Baranski
Y Realty
(608) 292-5272
95 Total Sales
1 in Meadowood
$242,500 Price
-
Matt Silvern
Matt Silvern
Restaino & Associates
(608) 292-3489
64 Total Sales
2 in Meadowood
$305K - $420K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $360,000 | None Listed On Document | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $315,000 | ||
| Previous Owner | $5,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,877 | $334,600 | $96,100 | $238,500 |
| 2024 | $10,193 | $307,800 | $96,100 | $211,700 |
| 2023 | $4,698 | $279,800 | $87,400 | $192,400 |
| 2022 | $9,638 | $261,500 | $81,700 | $179,800 |
| 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
Seller's Agent in 2025
Christopher Lukens
RE/MAX
(608) 620-5744
1 in this area
48 Total Sales
-
Matt Kornstedt
Buyer's Agent in 2025
Matt Kornstedt
Stark Company, REALTORS
(608) 345-7943
11 in this area
1,981 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2002206
APN: 0708-364-0824-9
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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