NOT LISTED FOR SALE

5897 Rattman Rd Madison, WI 53718

Northeast Madison Neighborhood

Estimated Value: $424,104

Studio
-- Baths
3,072 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: February 19, 2025

Last sale price $415,000 $135 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,878 / mo

17 Days on Market

Highlights

  • 0.48 Acre Lot
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Horizon Elementary School Rated A-
  • En-Suite Primary Bedroom
  • Water Softener is Owned

About This Home

As of February 2025

Welcome to this inviting 2-bedroom, 1-bath duplex with bedrooms and bathroom conveniently located on the upper level for added privacy. Each unit offers comfortable living in a prime location near shopping, restaurants, the airport, and easy interstate access. The vacant side has been freshly painted and features a partially finished lower level, perfect for extra living space, a home office, or storage. Enjoy the spacious, level lot with a great backyard, ideal for outdoor gatherings. Live in one side and rent out the other—an excellent investment opportunity that offers flexibility and convenience! Both sides are identical only flipped.

Last Agent to Sell the Property

Rena Ripp

EXP Realty, LLC Brokerage Phone: 608-228-6821 License #78620-94 Listed on: 11/15/2024

EXP Realty, LLC

Last Buyer's Agent

Dan Chin Homes Team

Real Broker LLC

Real Broker LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,919

Year Built

  • Built in 1975

Lot Details

  • 20,909 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • En-Suite Primary Bedroom
  • Family Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Parking

  • Detached Garage
  • Driveway Level

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Shared Well
  • Water Softener is Owned
  • High Speed Internet
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 081010407010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,919

Year Built

Built in 1975

Lot Details

0.48 Acres

Listing Details

  • Municipality: Burke
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Items Excluded: Seller and tenant's personal items.
  • Items Included: Stove, refrigerator, water softener
  • Miscellaneous: Water Softener Owned, Internet - Cable, Internet - DSL, Internet -Fiber Available
  • Year Built: 1975
  • Reso Accessibility Features: Level drive, Level lot
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Aluminum/Steel, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Joint well, Non-Municipal/Prvt dispos
  • Park Unit: 2 stall garage, Detached
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Sun Prairie

Lot Info

  • Estimated Aces: 0.48
  • Zoning: RES

Rental Info

  • Total Income: 9600

Tax Info

  • Net Taxes: 4919
  • Tax Year: 2023
  • Assessor Parcel Number: 081010407010

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

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
Nov 15, 2024
Closed on
Feb 19, 2025
Sold by
Thayer Marion J
Bought by
Seller's Agent
Rena Ripp
EXP Realty, LLC
Buyer's Agent
Dan Chin Homes Team
Real Broker LLC
List Price
$449,999
Sold Price
$415,000
Premium/Discount to List
-$34,999
-7.78%
Views
159
Current Estimated Value
$424,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,104
Avg. Annual Appreciation
1.39%
Original Mortgage
$311,250
Outstanding Balance
$306,643
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$117,461
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Northeast Madison, WI

  • Jon Vanden Brook Real Estate Agent - First Weber Inc

    Jon Vanden Brook

    First Weber Inc

    (608) 292-3462

    58 Total Sales

    2 in Northeast Madison

    $238K - $271K Price Range

    Jon Vanden Brook
     Section Image
  • Marissa Pruitt Real Estate Agent - First Weber Inc

    Marissa Pruitt

    First Weber Inc

    (608) 292-3017

    69 Total Sales

    2 in Northeast Madison

    $160K - $350K Price Range

    Marissa Pruitt
     Section Image
  • Erica Thompson Colstad Real Estate Agent - Stark Company, REALTORS

    Erica Thompson Colstad

    Stark Company, REALTORS

    (608) 292-2528

    77 Total Sales

    1 in Northeast Madison

    $440,000 Price

    Erica Thompson Colstad
     Section Image
  • Tiffany Tobias Real Estate Agent - Stark Company, REALTORS

    Tiffany Tobias

    Stark Company, REALTORS

    (608) 405-6805

    72 Total Sales

    1 in Northeast Madison

    $295,000 Price

    Tiffany Tobias
     Section Image
  • Michael Leeson Real Estate Agent - Realty Executives Cooper Spransy

    Michael Leeson

    Realty Executives Cooper Spransy

    (608) 292-6702

    199 Total Sales

    1 in Northeast Madison

    $590,000 Price

    Michael Leeson
     Section Image
  • Thomsen Team Real Estate Agent - Modern Realty Partners LLC

    Thomsen Team

    Responds Quickly

    Modern Realty Partners LLC

    (262) 588-3642

    120 Total Sales

    1 in Northeast Madison

    $325,000 Price

    Thomsen Team
     Section Image
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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
$415,000 Nations Title
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 $311,250
Previous Owner Thayer Marion J $40,000
Previous Owner Thayer Marion J $123,000
Previous Owner Thayer Marion J $100,000
Previous Owner Thayer Marion J $85,000
Previous Owner Thayer Marion J $75,000
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
02/19/2025 02/19/25 Sold $415,000 -7.8% $135 / Sq Ft
11/15/2024 11/15/24 For Sale $449,999 -- $146 / 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 $5,592 $322,000 $60,900 $261,100
2024 $5,193 $322,000 $60,900 $261,100
2023 $4,919 $322,000 $60,900 $261,100
2022 $4,638 $322,000 $60,900 $261,100
2021 $4,320 $224,400 $60,900 $163,500
2020 $4,454 $224,400 $60,900 $163,500
2019 $4,370 $224,400 $60,900 $163,500
2018 $4,165 $224,400 $60,900 $163,500
2017 $4,192 $224,400 $60,900 $163,500
2016 $4,147 $224,400 $60,900 $163,500
2015 $4,097 $221,200 $57,700 $163,500
2014 $3,989 $221,200 $57,700 $163,500
2013 $4,031 $221,200 $57,700 $163,500
Source: Public Records

Agents Affiliated with this Home

  • Rena Ripp Real Estate Agent - EXP Realty, LLC

    Seller's Agent in 2025

    Rena Ripp

    EXP Realty, LLC

    (608) 228-6821

    1 in this area

    136 Total Sales

    Rena Ripp
    Section Image

  • DT

    Buyer's Agent in 2025

    Dan Chin Homes Team

    Real Broker LLC

    (608) 268-0831

    7 in this area

    1,195 Total Sales

    Dan Chin Homes Team
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1989678

South Central Wisconsin Multiple Listing Service

APN: 0810-104-0701-0

Wisconsin Dane County Madison 53718 Northeast Madison

5897 Rattman Rd, Madison, WI

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.

South Central Wisconsin Multiple Listing Service 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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