2 months on rocket

5799 Portage Rd, Madison, WI, 53718

$1,400,000

8.25 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #1985343
Lot Size8.25 Acres
StatusActive

About 5799 Portage Rd

Property is located within the Pumpkin Hollow Neighborhood Redevelopment plan and is slated for attachment into the City of Madison with a medium density of 16-40 units of housing per acre proposed for the site. An added future benefit is a Mixed Use Neighborhood overlay is proposed for across the street adding future interest for the location. Don't let the beautiful bucolic views fool you - this property is a very short drive to grocery stores, restaurants, shops, the Token Creek Dog Park and Disc Golf Course, the American Parkway area and the Dane County Regional Airport making this an attractive location for multiple levels and price ranges of multifamily housing.

Property Details

Property Features

Listing Office:

  • Office Name: Mode Realty Network
  • Office Phone: (608) 516-5477
  • Listing Agent: Jean Armendariz-Kerr

Virtual/3D Tour

  • Virtual Tour: 5799 Portage Rd
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Lot Features

Lot Information:

  • Lot Size: 8.25 Acres

Other

Directions Information:

  • Directions: Corner of Portage and Hoepker Road - known as Emily's Ten Oaks Ranch

Municipality:

  • Burke

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000

Tax Information:

  • Annual Amount: $4,492
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Madison, WI.

Med. Sold Price

$403.9K

Med. Price/SqFt

$238

# of Sold Homes

181

5799 Portage Rd vs Madison

78 DAYS ON ROCKET

$1,400,000

+$996K More

KEY TAKEAWAY

This property is $996K more than the Median Sold Price in Madison, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_SCW
  • MLS Number: #1985343

Listing Office:

  • Office Name: Mode Realty Network
  • Office Phone: (608) 516-5477
  • Listing Agent: Jean Armendariz-Kerr

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 07, 2011Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,492$255,800
2019$4,355$255,800
2018$4,106$255,800
2017$3,925$254,300

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1230057
2
/10
  • Sandburg Elementary School

  • 4114 Donald Dr

  • 1.93 miles

  • Public District Grades PK-5

school-card-donut-1230058
7
/10
  • Horizon Elementary School

  • 625 N Heatherstone Dr

  • 2.12 miles

  • Public District Grades KG-5

school-card-donut-1230059
4
/10
  • Meadow View Elementary School

  • 200 N Grand Ave

  • 2.28 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,008. Typical income of Madison, WI residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Madison, WI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Madison, WI.

Madison's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, offering modern, craftsman, and colonial homes that cater to a range of aesthetic preferences. The city's housing stock also includes a mix of apartments and condominiums, providing alternatives for those seeking a more urban living experience. While the majority of homes reflect construction booms in the late 20th century, new developments continue to add to the city's housing landscape. The homeownership rate in Madison is robust, with a healthy balance between owners and renters.

What is it like to live in Madison, WI?

Madison is celebrated for its vibrant community spirit and picturesque setting between two lakes. The city prides itself on being a hub of education and culture, with numerous festivals and events throughout the year that reflect its diverse and inclusive population. The community's character is further enriched by its commitment to sustainability and a strong local food movement, which is evident in the numerous farmers' markets and community gardens scattered throughout the city.

Is it easy to get around Madison, WI without a car?

The community is served by a comprehensive educational system, including a significant number of public and private schools that cater to various educational needs. Madison is home to several higher education institutions, which contribute to the city's dynamic atmosphere. Healthcare services are well-established, with multiple hospitals and clinics offering a range of specialized care. The city also boasts a network of public libraries and community centers that provide valuable resources to residents. Retail and dining options are plentiful, with an emphasis on local businesses that showcase the city's unique culture.

Transportation in Madison, WI.

Madison's transport infrastructure is designed to accommodate a variety of transit options. Public transportation is available, with bus services connecting different parts of the city. The community is also bike-friendly, with numerous bike paths and lanes encouraging cycling as a mode of transport. Major roads and highways facilitate commuting in and out of the city, and ongoing projects aim to improve traffic flow and reduce congestion. While ride-sharing services are operational, the city also promotes alternative transportation methods to enhance sustainability.

Frequently Asked Questions About 5799 Portage Rd

What is the listing price of this property?

The listing price of 5799 Portage Rd property is $1,400,000.

What type of property is this?

The property 5799 Portage Rd is land located in Madison, Wisconsin, 53718.

Is this property for sale now?

Active Listing: 5799 Portage Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,492 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 7, 2011 for $200,000. (source: MLS/tax record).

How much acreage is this property?

The property 5799 Portage Rd is 8.25 acres.
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Rocket HomesWisconsinDane CountyMadison537185799 Portage Rd

This home is located at 5799 Portage Rd in Madison, WI and zip code 53718. This home sits on a 8.25 acre lot. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $1,400,000.

While more than 69 listings in Madison, WI in October 2024 were sold above asking price, there were more than 41 listings sold at asking price, and more than 71 were sold below. In October 2024 in Madison, WI there were 2.2% more homes for sale than in September 2024.

From Rocket Homes Real Estate and based on county public records data.

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