For sale

$1,095,000

1003 Oak Way, Madison, WI 53705

3beds

1,696sqft

$8,510/mo

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Single Family Residence

Built in 1950

0.33 Acres Lot

$1,054,300 Zestimate^®

$646/sqft

$-- HOA

What's special

Rare Usonian gem in sought-after Shorewood Hills! Built in 1950 and historically recognized as the Vera Schwid House, this distinctive home was designed by acclaimed Madison architects Herb Fritz and Marshall Erdman. Nestled on a beautiful corner lot surrounded by mature trees, the home embodies the timeless Usonian philosophy of bringing architecture and nature together. Just minutes from Hilldale, Lake Mendota, restaurants, cafés, UW–Madison and UW Hospital. A truly special opportunity to own a piece of Madison architectural history.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1

Primary bedroom

Level: Upper
Area: 208
Dimensions: 16 x 13

Bedroom 2

Level: Upper
Area: 132
Dimensions: 12 x 11

Bedroom 3

Level: Upper
Area: 110
Dimensions: 11 x 10

Kitchen

Features: Range/Oven, Refrigerator, Dishwasher, Disposal
Level: Main
Area: 128
Dimensions: 16 x 8

Living room

Level: Main
Area: 195
Dimensions: 15 x 13

Heating

Radiant, Radiant Floor, Ductless

Appliances

Included: Washer, Dryer, Water Softener Included

Features

Foyer, Sun Room
Basement: Partial
Number of fireplaces: 1
Fireplace features: Wood Burning, 1 fireplace

Interior area

Total structure area: 1,696
Total interior livable area: 1,696 sqft
Finished area above ground: 1,696

Property

Parking

Total spaces: 1
Parking features: 1 car, Attached
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 0.33 Acres
Features: Corner Lot, Near Public Transit
Residential vegetation: Wooded

Details

Parcel number: 070917466850
Zoning: RES

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Wood Siding, Brick
Foundation: Block

Condition

Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $646/sqft
Tax assessed value: $750,000
Annual tax amount: $16,458
Date on market: 7/24/2026
Inclusions: Oven/range, refrigerator, dishwasher, washer, dryer, water softener, refrigerator with freezer in LL, garage door remote, disposal, all window coverings

Estimated market value

$1,054,300

$1.00M - $1.11M

$3,211/mo

Price history

Date	Event	Price
8/11/2026	Listed for sale	$1,095,000+46%$646/sqft
Source: SCWMLS #2028828 Report a problem
4/3/2023	Sold	$750,000$442/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$14,151 +3.6%	$750,000
2023	$13,664 +10.5%	$750,000
2022	$12,365 +6.9%	$750,000 +34.3%
2021	$11,562 +2.4%	$558,500
2020	$11,295 +6.1%	$558,500
2019	$10,646	$558,500
2018	$10,646 -3.7%	$558,500
2017	$11,054 -1.2%	$558,500 +8.2%
2016	$11,190 +1.1%	$516,000
2015	$11,070 +1.3%	$516,000
2014	$10,926 -2.5%	$516,000
2013	$11,202 +9.6%	$516,000
2012	$10,224 -4.8%	$516,000 -5.9%
2011	$10,738	$548,500
2010	$10,738 +8%	$548,500
2009	$9,944 +2.9%	$548,500
2008	$9,665 +3.2%	$548,500 +0.9%
2007	$9,362 +2.5%	$543,415
2006	$9,134 +4.8%	$543,415 +53.6%
2005	$8,715	$353,700
2004	$8,715 +3.2%	$353,700
2003	$8,446 +9.1%	$353,700
2002	$7,740 +4.5%	$353,700
2001	$7,405 +10.5%	$353,700 +30%
2000	$6,700	$272,000