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Contingent
  • Price cut: $12K (5/28)
    $403,000

    2002 Rae Lane, Madison, WI 53711

    3beds
    1,619sqft
    : 
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    Single Family Residence
    Built in 1964
    10,018 Square Feet Lot
    $403,100 Zestimate®
    $249/sqft
    $-- HOA

    What's special

    Inviting ranch homeSpacious lower levelCozy dining areaUpdated bathrooms
    5/17 Open house canceled due to Tornado warning in the area. Welcome to this inviting ranch home in the sought-after Meadowood neighborhood! This beautifully maintained residence features key updates, including a newer roof (2019), water heater (2024), and furnace, plus updated bathrooms. The kitchen boasts stainless steel appliances and opens to a cozy dining area with direct access to the back patio?perfect for entertaining. The primary bedroom includes an attached bath for added convenience, while two more bedrooms and a full bath complete the main level. The spacious lower level offers endless possibilities for a rec area, movie room, or office. Enjoy easy access to parks, the library, and shopping. This prime location is just 15 minutes to Epic Systems and under 20 minutes to Downtown Madison. Experience the perfect blend of comfort and convenience in a location that truly has it all! *Seller offering $1500 credit to use towards flooring and carpet in basement.
    70 days
    |
    1,536
    |
    89
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tu Le Pref:608-535-0006,

    EXP Realty, LLC

    Source: WIREX MLS,MLS#: 2019923MLS LogoOriginating MLS: South Central Wisconsin MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      • Area: 108
      • Dimensions: 12 x 9
      Bedroom 2
      • Level: Main
      • Area: 110
      • Dimensions: 11 x 10
      Bedroom 3
      • Level: Main
      • Area: 90
      • Dimensions: 10 x 9
      Bathroom
      • Features: Master Bedroom Bath: Full, Master Bedroom Bath, Master Bedroom Bath: Walk-In Shower
      Dining room
      • Area: 99
      • Dimensions: 11 x 9
      Kitchen
      • Level: Main
      • Area: 108
      • Dimensions: 12 x 9
      Living room
      • Level: Main
      • Area: 192
      • Dimensions: 16 x 12
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Range/Oven, Refrigerator, Dishwasher, Disposal, Washer, Dryer, Water Softener
      Features
      • Breakfast Bar, Kitchen Island
      • Basement: Full,Partially Finished,Toilet Only,Concrete
      Interior area
      • Total structure area: 1,619
      • Total interior livable area: 1,619 sqft
      • Finished area above ground: 1,092
      • Finished area below ground: 527

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car, Attached, Heated Garage
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio
      • Fencing: Fenced Yard
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 87.48 FF
      Details
      • Parcel number: 060801102140
      • Zoning: Res

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • 21+ Years
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Meadowood
      Location
      • Region: Madison
      • Municipality: Madison

      Financial & listing details

      • Price per square foot: $249/sqft
      • Tax assessed value: $369,900
      • Annual tax amount: $5,481
      • Date on market: 4/4/2026
      • Inclusions: Range/Oven, Microwave, Refrigerator, Washer, Sun-Setter Awning, Heater In Garage, Water Softener, Garage Door Opener, And Basement Refrigerator.
      • Exclusions: Seller's Personal Items And Staging Items.
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        Estimated market value

        $403,100

        $383,000 - $423,000

        $2,353/mo

        Price history

        DateEventPrice
        5/30/2026Contingent$403,000$249/sqft
        Source: WIREX MLS #2019923 Report a problem
        5/28/2026Price change$403,000-2.9%$249/sqft
        Source: WIREX MLS #2019923 Report a problem
        5/15/2026Listed for sale$415,000+12.2%$256/sqft
        Source: WIREX MLS #2019923 Report a problem
        9/12/2024Sold$369,900$228/sqft
        Source: WIREX MLS #1983154 Report a problem
        8/21/2024Pending sale$369,900$228/sqft
        Source: WIREX MLS #1983154 Report a problem
        8/13/2024Contingent$369,900$228/sqft
        Source: WIREX MLS #1983154 Report a problem
        8/8/2024Listed for sale$369,900+39.6%$228/sqft
        Source: WIREX MLS #1983154 Report a problem
        2/22/2021Sold$265,000+6%$164/sqft
        Source: Public Record Report a problem
        1/21/2021Pending sale$250,000$154/sqft
        Source: Bunbury & Assoc, REALTORS #1900826 Report a problem
        1/20/2021Listed for sale$250,000+24.2%$154/sqft
        Source: Bunbury & Assoc, REALTORS #1900826 Report a problem
        10/27/2017Sold$201,333+0.9%$124/sqft
        Source: SCWMLS #1808359 Report a problem
        10/19/2017Pending sale$199,500$123/sqft
        Source: Keller Real Estate, LLC #1808359 Report a problem
        9/25/2017Price change$199,500-8.1%$123/sqft
        Source: Keller Real Estate, LLC #1808359 Report a problem
        7/27/2017Price change$217,000-2.5%$134/sqft
        Source: Keller Real Estate, LLC #1808359 Report a problem
        7/6/2017Listed for sale$222,500+12.1%$137/sqft
        Source: Keller Real Estate, LLC #1808359 Report a problem
        6/15/2015Listing removed$198,500$123/sqft
        Source: Stark Company, REALTORS #1740376 Report a problem
        3/25/2015Listed for sale$198,500-9.8%$123/sqft
        Source: Stark Company Realtors #1740376 Report a problem
        11/6/2014Listing removed$220,000$136/sqft
        Source: Stark Company Realtors #1720637 Report a problem
        7/2/2014Listed for sale$220,000+7.9%$136/sqft
        Source: Stark Company Realtors #1720637 Report a problem
        8/29/2005Sold$203,900$126/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,450 +6.9%$329,500 +10%
        2023$6,034 $299,500 +13%
        2022-- $265,000 +5.9%
        2021-- $250,200 +9.5%
        2020-- $228,500 +6%
        2019$4,272 $215,600 +7%
        2018$4,272 +2.9%$201,500 +7.6%
        2017$4,152 +3%$187,300 +5%
        2016$4,030 +2.1%$178,400 +4%
        2014$3,946 -5%$171,500
        2013$4,155 +0.3%$171,500 -4%
        2012$4,140 -0.3%$178,600 -5%
        2011$4,155 +1.5%$188,000 -2%
        2010$4,095 +3.5%$191,800 -4%
        2009$3,955 +2.9%$199,800 -2%
        2008$3,843 -1.6%$203,900
        2007$3,904 +0.1%$203,900
        2006$3,901 +10.7%$203,900 +17%
        2005$3,525 +0.3%$174,300 +7%
        2004$3,513 +1.6%$162,900
        2003$3,457 +5.5%$162,900 +13.4%
        2002$3,275 +1.2%$143,600 +6%
        2001$3,238 +0.7%$135,500 +4%
        2000$3,214 $130,300

        Find assessor info on the county website

        Monthly payment

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          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Meadowood

          Getting around

          31 / 100
          Car-Dependent
          34 / 100
          Some Transit
          63 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Huegel
          • Middle: Toki
          • High: Memorial
          • District: Madison

          Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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