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Sold for $240,000
  • $240,000

    321 Palomino Ln APT 1S, Madison, WI 53705

    3beds
    1,055sqft
    Condominium
    Built in 1957
    -- sqft lot
    $278,200 Zestimate®
    $227/sqft
    $1,773 Estimated rent

    Home value

    $278,200

    $256,000 - $300,000

    $1,773/mo

    Zestimate® history
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    $1,773/mo

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    $1,848/mo

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    $1,848/mo

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    What's special

    Ready to stop paying rent and start paying yourself? Or looking to downsize & let someone else handle the lawn and snow? Look no further! This beautiful condo in one of Madison's most desirable locations is the perfect fit! Enjoy the charm of original hardwood floors & woodwork in a home with a great layout. Three spacious bedrooms allow for plenty of room to spread out or space for a home office. Kitchen is front and center with convenience to the entryway and the large living room. Lush lawn and beautiful mature trees crown the shared backyard in a parklike setting. Private storage space, onsite laundry facilities, 1 assigned surface parking space, AND a detached 1 car garage make this a true standout in the class! Don't wait, call today for details or a showing!

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Witkins,

    RE/MAX Preferred

    Bought with:

    Justin Witkins, 58265-90

    RE/MAX Preferred

    Source: SCWMLS,MLS#: 2004695

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 170
    • Dimensions: 17 x 10
    Bedroom 2
    • Level: Main
    • Area: 130
    • Dimensions: 13 x 10
    Bedroom 3
    • Level: Main
    • Area: 130
    • Dimensions: 13 x 10
    Kitchen
    • Features: Microwave, Range/Oven, Refrigerator
    • Level: Main
    • Area: 104
    • Dimensions: 13 x 8
    Living room
    • Level: Main
    • Area: 289
    • Dimensions: 17 x 17
    Heating
    • Radiant
    Appliances
    • Laundry: Main Level, Common Area
    Features
    • Storage Unit Inc, At Least 1 tub
    • Flooring: Wood or sim. wood floors
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,055
    • Total interior livable area: 1,055 sqft
    • Finished area above ground: 1,055

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 car Garage, Detached, 1 space assigned, Garage Door Opener
    • Garage spaces: 1
    Details
    • Parcel number: 070920123018
    • Zoning: R4

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick
    Condition
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Internet - Cable

    Community & neighborhood

    Location
    • Region: Madison

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $205 monthly
    • Services included: Common area insurance, Common area maintenance, Reserve fund, Snow Removal, Trash, Water/Sewer

    Other

    Other facts
    • Listing terms: Rental Allowed,Arms Length

    Price history

    DateEventPrice
    11/21/2025Listing removed$1,850$2/sqft
    Source: Zillow Rentals Report a problem
    10/31/2025Listed for rent$1,850$2/sqft
    Source: Zillow Rentals Report a problem
    10/24/2025Sold$240,000-4%$227/sqft
    Source: SCWMLS #2004695 Report a problem
    9/13/2025Contingent$249,900$237/sqft
    Source: WIREX MLS #2004695 Report a problem
    8/28/2025Price change$249,900-13.8%$237/sqft
    Source: WIREX MLS #2004695 Report a problem
    8/7/2025Price change$289,900-6.5%$275/sqft
    Source: WIREX MLS #2004695 Report a problem
    7/21/2025Listed for sale$309,900+336.5%$294/sqft
    Source: WIREX MLS #2004695 Report a problem
    5/1/1998Sold$71,000$67/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,060 +6.9%$207,400 +10%
    2023$3,798 $188,500 +15%
    2022-- $163,900 +10%
    2021-- $149,000 +8%
    2020-- $138,000 +1.9%
    2019$2,784 $135,400
    2018$2,784 +4.9%$135,400 +10%
    2017$2,655 -4.4%$123,100
    2016$2,775 +0.1%$123,100
    2014$2,773 +4.3%$123,100
    2013$2,660 -4.9%$123,100
    2012$2,797 +5.2%$123,100
    2011$2,660 +1.4%$123,100 -2%
    2010$2,622 +7.9%$125,600
    2009$2,429 +4.7%$125,600
    2008$2,319 -2%$125,600
    2007$2,366 +10.9%$125,600 +10%
    2006$2,134 +8.5%$114,200 +15%
    2005$1,966 +18.7%$99,300 +25.1%
    2004$1,656 +3.6%$79,400
    2003$1,598 -2%$79,400 +8%
    2002$1,631 -0.8%$73,500 +4%
    2001$1,645 +0.5%$70,700 +4%
    2000$1,637 $68,000

    Find assessor info on the county website

    Neighborhood: Rocky Bluff

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Midvale/Lincoln
    • Middle: Hamilton
    • High: West
    • District: Madison

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

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    Estimated market value
    $278,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $278,200