For sale

Price cut: $25K (6/16)

$550,000

4721 Femrite Dr, Madison, WI 53716

2beds

2,196sqft

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Single Family Residence

Built in 1954

0.39 Acres Lot

$539,100 Zestimate^®

$250/sqft

$-- HOA

What's special

VR $550,000 to $575,000. This charming ranch-style home sits on just under half an acre with a flowing open floor plan featuring 2/3 bedrooms, with 2 bathroom. The main level boasts an open kitchen, generous living room with wood-burning fireplace, and a formal dining area that opens to a bright sunroom, and finished with two bedrooms and a full hall bathroom. The lower level offers a large rec room with fireplace, full bathroom, laundry area, and additional unfinished space. All appliances included—move-in ready! A standout feature is the 3,200+ sq ft steel attached heated garage with bathroom and office space. Extra garage would make a great workout area, daycare/pet care, or so much more. Minutes to Lake Monona & Lake Kegonsa, with easy access like to the beltline and the interstate. Plenty of space for boats, Rvs, and cars! Buyer is responsible to check on busiess opportunities for zoning. Seller has used the property as residential while they lived there.

28 days

565

16

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Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Main
Area: 168
Dimensions: 14 x 12

Bedroom 2

Level: Main
Area: 110
Dimensions: 11 x 10

Dining room

Level: Main
Area: 144
Dimensions: 12 x 12

Kitchen

Features: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
Level: Main
Area: 132
Dimensions: 11 x 12

Living room

Level: Main
Area: 364
Dimensions: 26 x 14

Heating

Other Heating/Cooling

Cooling

Central Air, Other Heating/Cooling

Appliances

Included: Washer, Dryer
Laundry: Lower Level

Features

At Least 1 tub, Internet - 5G Installed, Rec Room, Sun Room, Bonus Room
Basement: Full,Partially Finished
Number of fireplaces: 2
Fireplace features: 2 fireplaces, Wood Burning

Interior area

Total structure area: 2,196
Total interior livable area: 2,196 sqft
Finished area above ground: 1,811

Property

Parking

Total spaces: 6
Parking features: 2 car, 4+ car, Additional Garage, Attached, Heated Garage, Garage Door Opener
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1

Lot

Size: 0.39 Acres
Dimensions: 130x140
Features: Near Public Transit

Details

Parcel number: 071022302972
Zoning: see note

Construction

Type & style

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

Materials

Vinyl Siding
Foundation: Poured concrete foundatn

Condition

Year built: 1954

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: $250/sqft
Tax assessed value: $365,400
Annual tax amount: $6,452
Date on market: 6/5/2026
Inclusions: 2 garage heaters, range/oven, fridge, dishwasher, microwave, washer/dryer, window coverings, water softener, two wood-burning fireplaces
Exclusions: sellers personal property

Estimated market value

$539,100

$512,000 - $566,000

$3,238/mo

Price history

Date	Event	Price
6/16/2026	Price change	$550,000-4.3%$250/sqft
Source: WIREX MLS #2007248 Report a problem
5/23/2026	Listed for sale	$575,000$262/sqft
Source: WIREX MLS #2007248 Report a problem
4/13/2026	Contingent	$575,000$262/sqft
Source: WIREX MLS #2007248 Report a problem
2/27/2026	Price change	$575,000+4.5%$262/sqft
Source: WIREX MLS #2007248 Report a problem
8/24/2025	Listed for sale	$550,000+198.9%$250/sqft
Source: WIREX MLS #2007248 Report a problem
2/22/2000	Sold	$184,000$84/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,691 +5.2%	$341,800 +8.3%
2023	$6,359	$315,600 +14.5%
2022	--	$275,600 +18%
2021	--	$233,600 +5%
2020	--	$222,500
2019	$4,416	$222,500 +7%
2018	$4,416 -4.7%	$207,900
2017	$4,633 -1%	$207,900 +3%
2016	$4,681 +0%	$201,800
2014	$4,680 +4.6%	$201,800
2013	$4,473 -4.9%	$201,800
2012	$4,702 +5.1%	$201,800
2011	$4,473 +3.6%	$201,800
2010	$4,317 +2.4%	$201,800 -5%
2009	$4,214 +5.1%	$212,400
2008	$4,009 -1.5%	$212,400
2007	$4,071 +0.1%	$212,400
2006	$4,068 -1.9%	$212,400 +4%
2005	$4,146 -3.6%	$204,200 +3%
2004	$4,301 -9.1%	$198,300
2003	$4,732 +4.4%	$198,300 +2.6%
2002	$4,532 +0.2%	$193,200 +5%
2001	$4,523 -20.2%	$184,000
2000	$5,671	$184,000

Find assessor info on the county website

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