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Single Family ResidenceResidential
$338,799$223 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $80,000 on Jun 1, 1990

1501 RAE LN

MADISON, WI 53711
3
Beds
1
Baths
1,518 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1970
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$339K
$311K low$367K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$80,000 · Jun 1, 1990

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,488 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$329,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$99,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$230,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$329,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$329,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyDane
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1984
Lot (acres)The size of the land the home sits on, from county records.0.16
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.None
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 540 ft²Patio · 540 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Orchard Ridge Elementary SchoolD+
Elementary · Grades PK–5 · 0.5 mi
M
Toki Middle SchoolC-
Middle · Grades 6–8 · 0.5 mi
H
Vel Phillips Memorial High SchoolD
High · Grades 9–12 · 2.0 mi

District: Madison Metropolitan School District

Neighborhood · ZIP 53711These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.75
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.79
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.26

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.54,881
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,895 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$100,829
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$129,254
Average tempThe average temperature here across a full year.46°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1501 Rae Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 87% of homes in Madison 53711
  • Costs less per square foot than 73% of homes in Madison 53711
  • Smaller than 74% of homes in Madison 53711
  • Has a smaller lot than 94% of homes in Meadowood
  • Newer than 90% of homes in Meadowood

What homes are worth in Madison 53711

Each bar is how many homes fall in that price range. The marker is this home.

This home
$230K$1.1M

This home is worth more than 13% of homes in Madison 53711.

How it measures up in Madison 53711

The dot is this home. The mark in the middle is the typical home in Madison 53711.

Estimated value$338,799
CheaperTypical $485,602Pricier

Pricier than 13% of homes nearby

Price per ft²$223
CheaperTypical $270Pricier

Pricier than 27% of homes nearby

Living area1,518 ft²
SmallerTypical 1,850 ft²Bigger

Bigger than 26% of homes nearby

Lot size0.16 ac
SmallerTypical 0.23 acBigger

Bigger than 22% of homes nearby

Year built1970
OlderTypical 1958Newer

Newer than 82% of homes nearby

How 1501 Rae Ln ranks against every home in each area.
MeasureThis homeMeadowoodMadison 53711Dane County
Estimated valuepricier than$338,79922% of homes13% of homes24% of homes
Price per ft²pricier than$22346% of homes27% of homes35% of homes
Living areabigger than1,518 ft²33% of homes26% of homes39% of homes
Lot sizebigger than0.16 ac6% of homes22% of homes19% of homes
Year builtnewer than197090% of homes82% of homes44% of homes

About 1501 Rae Ln

How much is 1501 Rae Ln, Madison, WI worth?

The TopHap Estimate for 1501 Rae Ln, Madison, WI is $338,799 as of Sep 24, 2026. The likely range is $311,074 to $366,524. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1501 Rae Ln, Madison, WI last sell?

1501 Rae Ln, Madison, WI last sold on Jun 1, 1990 for $80,000, according to the county's recorded deed.

How big is 1501 Rae Ln, Madison, WI?

1501 Rae Ln, Madison, WI has 3 bedrooms, 1 bathrooms, 1,518 square feet of living space and a 0.16-acre lot.

When was 1501 Rae Ln, Madison, WI built?

1501 Rae Ln, Madison, WI was built in 1970, making it 56 years old. It is a ranch home. The building has 1 story.

What schools serve 1501 Rae Ln, Madison, WI?

1501 Rae Ln, Madison, WI is assigned to Orchard Ridge Elementary School (elementary), rated D+; Toki Middle School (middle), rated C-; Vel Phillips Memorial High School (high), rated D. All sit in Madison Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1501 Rae Ln, Madison, WI compare to other homes in Madison 53711?

Among the 16,895 homes in Madison 53711, it is worth more than 13% of them ($338,799 against a typical $485,602), its price per square foot is higher than 27% of them ($223 against a typical $270), it is bigger than 26% of them (1,518 ft² against a typical 1,850 ft²), its lot is bigger than 22% of them (0.16 ac against a typical 0.23 ac) and it is newer than 82% of them (1970 against a typical 1958). Measured against all of Dane County, it is worth more than 24% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1501 Rae Ln, Madison, WI?

The 2024 property tax bill for 1501 Rae Ln, Madison, WI was $5,488. The county assessed it at $329,900.

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