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$499,000 Just Listed
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Property Description
Excellent investment opportunity! This tenant-occupied three-bedroom property is a great addition to an investor?s portfolio. Benefit from an existing tenancy and the potential for ongoing rental income. This home has a lease through 2032 and can't be owner occupied so a business loan or cash is required to purchase. Whether you?re an experienced investor looking to expand your holdings or a buyer seeking an income-producing property, this is an opportunity worth exploring. Don?t miss your chance to invest in this property!
Full Property Details
Full Property Details for 705 Lone Oak Ln
General
- Price: $499,000
- Taxes: $10,571 (2025)
- Status: Active
- Type: Single Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2034928
- Updated: 10/19/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Water Softener, High-Speed Internet
- Appliances: Range/Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Bathroom: Master Bedroom Bath: Full, Master Bedroom Bath
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 14 x 12, Upper
- Bedroom 2: 11 x 10, Upper
- Bedroom 3: 11 x 11, Upper
Other Rooms
- Living Room: 17 x 13, Main
- Kitchen: 12 x 10, Main
- Other: 13 x 11, Main
Exterior
- Exterior Features: Deck, Fenced Yard
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Garage Description: 2 Car, Attached
Location
- Municipality: Madison
- County: Dane
- Driving Directions: Mineral Point Rd to Hwy M South to Valley View Rd, West to Lone Oak Ln
School Information
- School District: Madison
- Elementary School: Olson
- Middle School: Toki
- High School: Memorial
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air, Central Air Conditioning
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: High Speed Internet Available
Structural Information
- Architectural Style: Colonial
- Description/Design: 2 Stories
- Exterior Const.: Vinyl
- Basement Desc.: Full, Poured Concrete
- Square Feet: 2,443
- Square Feet Range: 2001 to 2500
- Sq. Ft. Source: Listing Agent
- Year Built: 2007
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: TR-C3
- Lot Description: Sidewalks
Financial Considerations
- Tax Amount: $10,571
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenant Personal Property
- Inclusions: Refrigerator, Stove, Dishwasher, Microwave, Washer, Dryer, Water softener
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Schools
Schools serving 705 Lone Oak Ln
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Olson Elementary School, Verona, WI 801 Redan Drive, Verona, WI 53593 | PK-5 | 0.2 mi |
Toki Middle School 5606 Russett Road, Madison, WI 53711 | 6-8 | 3.5 mi |
Memorial High School, Madison, WI 201 South Gammon Road, Madison, WI 53717 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 705 Lone Oak Ln
Date
Details
Price
Change
Source
10/19/2026
Listed
$499,000
82.05%
MLS
8/28/2009
Sold
$274,100
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 705 Lone Oak Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,659
32%
$452,500
8%
2022
$7,328
—
$419,000
12%
2021
$7,293
-1%
$374,100
9%
2021
$7,335
—
$343,200
4%
2020
$7,335
5%
$330,000
5%
2019
$7,011
4%
$314,300
4%
2018
$6,728
-26%
$302,200
13%
2017
$9,081
38%
$267,400
2%
2016
$6,595
5%
$262,200
—
2015
$6,271
-1%
$262,200
—
2014
$6,352
2%
$262,200
3%
2013
$6,258
—
$254,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 705 Lone Oak Ln
705 Lone Oak Lane, Verona, WI 53593 (MLS# 2034928) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 705 Lone Oak Lane is currently listed for $499,000 and was received on October 19, 2026. Want to learn more about 705 Lone Oak Lane? Do you have questions about finding other Single Family real estate for sale in Verona? You can browse all Verona real estate or contact a Coldwell Banker agent to request more information.

