Sold945d on market
503 Bowman Avenue
Madison, WI, 53716 • Lake Edge • Dane County
$301,000
$418/sqft
2Beds
1Baths
720Sqft
0.18 acLot
1940Built
Property DNA
Ranch Style
Built 1940 · 86 years of history
Morningside Heights
Lake Edge
1-Car Garage
1 Car · Built-in under Home · Basement Access
Wood or Sim.Wood Floors Floors
Quality flooring throughout
This home is in high demand
Listed 945 days ago · 5 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
945 days on market
Established listing
$418/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1940
Show 7/27. Get ready to fall in love with this adorable abode in Lake Edge Neighborhood! Small package lives large! Cute cottage perched on a hill with beautiful hardwood floors, great natural light, good size bedrooms, large fenced in backyard, front & back patios, & additional potential in the basement. Recent updates include: dishwasher & kitchen faucet '23, new siding '21, patio & built-in fire pit '20, insulated & dry walled garage ceiling '20, new water softener, water heater, and plumbing lines '19, new windows main level '18, back brick patio '17, timber retaining walls: front '18, back '19, front storm door '17, new toilet '17, fence '16, garage door '16, roof '08. Great location close to elementary school, shops & restaurants, Lake Monona & the bike loop, Olbrich, and more!
Standout features identified
Our analysis highlights cute cottage, garage door, and new windows as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,889/month
Principal & Interest$1,488
Property Tax$301
Insurance$100
Down payment20% ($60,200)
3%50%
Est. 6.28% rate · 30yr fixed · $240,800 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1940
HeatingNatural Gas, Forced Air
Parking1 Attached Garage space
Lot7,840 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Condition21+ Years
Year built1940
Stories1
Systems
HeatingNatural Gas, Forced Air
ConstructionWood Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
Parking1 Car, Built-in under Home, Basement Access
Garage1 spaces
BasementFull,Concrete
FencingFenced Yard
Lot7,840 sqft
Location & Tax
NeighborhoodLake Edge
ZoningSR-C2
Annual tax$3,798
Parcel071009407240
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Appliances
Range/Oven
Refrigerator
Dishwasher
Microwave
Disposal
Window A/C
Washer
Dryer
Water Softener
Flooring
Wood or Sim.Wood Floors
Heating
Natural Gas
Forced Air
Exterior Features
Parking
1 Car
Built-in under Home
Basement Access
Construction
Wood Siding
Room details
5 rooms detailed
Master Bedroom
Main12×9 ft108 sqft
Bedroom2
Main11×8 ft88 sqft
Bathroom
At least 1 TubNo Master Bedroom Bath
Kitchen
Main10×7 ft70 sqft
Living Room
Main16×12 ft192 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market945
Est. value$342,400
Est. rent$1,827/mo
Tax rate1.48%
Price/sqft$418
On marketJul 25, 2023
PostedJul 25, 2023
Last sold$301,000
MLS statusClosed
MLS updatedSep 8, 2023
Tour days6
Views5
How are the schools in Madison?
3 schools rated nearby
Location
Madison, WI, 53716
Price history
5 events
DateEventPrice$/sqftSource
Sep 8, 2023Sold$301,000$418WIREX MLS
Aug 2, 2023Pending Sale$265,000$368WIREX MLS
Jul 25, 2023Listed For Sale$265,000$368WIREX MLS
Aug 11, 2016Sold$156,000$217Public Record
May 30, 2016Listed For Sale$150,000$208Restaino & Associates
Sold$301,000
Sep 8, 2023•$418/sqft•WIREX MLS
Pending Sale$265,000
Aug 2, 2023•$368/sqft•WIREX MLS
Listed For Sale$265,000
Jul 25, 2023•$368/sqft•WIREX MLS
Sold$156,000
Aug 11, 2016•$217/sqft•Public Record
Listed For Sale$150,000
May 30, 2016•$208/sqft•Restaino & Associates
Tax history
24 years of records
YearTax paidAssessed value
Apr 11, 2024$5,892$301,000
Apr 11, 2023$5,208$258,500
Apr 11, 2022—$210,000
Apr 11, 2021—$184,200
Apr 11, 2020—$173,800
Apr 11, 2019$3,428$164,000
Apr 11, 2018$3,428$164,000
Apr 11, 2017$3,422$156,000
Apr 11, 2016$2,887$130,300
Apr 11, 2014$2,885$127,700
Apr 11, 2013$2,855$127,700
Apr 11, 2012$2,908$127,700
Apr 11, 2011$2,855$131,600
Apr 11, 2010$2,815$134,300
Apr 11, 2009$2,608$134,300
Apr 11, 2008$2,626$141,400
Apr 11, 2007$2,676$141,400
Apr 11, 2006$2,538$134,700
Apr 11, 2005$2,494$124,700
Apr 11, 2004$2,459$115,500
Apr 11, 2003$2,421$115,500
Apr 11, 2002$2,297$101,900
Apr 11, 2001$2,269$96,100
Apr 11, 2000$2,148$88,200
Nearby homes
Neighborhood details
Local context around this listing
Madison, WI • Dane County
Nearby neighborhoods
CapitolHill Farms, University NeighborhMarquetteMcClellan ParkMidvale Heights CommunityRegentSchenk-AtwoodSouth CampusState-LangdonTenney-Lapham
Nearby cities
Cottage GroveFitchburgMadisonMiddletonMononaOregonSun PrairieVerona
Nearby zip codes
53703537045370553711537135371453716537175371853719
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