5201 E Terrace Dr, Madison, WI 53718 Property Records

Dane County property record for 5201 E Terrace Dr, Madison, WI 53718

Property Summary

Property Type	Mixed Use Commercial Office / Residential
Details	61,236 sqft · built 2009
Lot Size	3 acres (130,680 sqft)
Owner	Owner Name on Record
Last Sale	$9,080,000 (Jul 2013)
Tax Bill	$88,846 (2024)
Deeds & Mortgages	Jul 2025 Mortgage Aug 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`0810-221-0406-2`

Property Details

APN / Parcel Number

Primary APN	`0810-221-0406-2`

Interior

Stories	3 Stories
Building Area	61,236 sqft
1st Floor Area	15,309 sqft
2nd Floor Area	15,309 sqft

Exterior

Year Built	Built 2009
Exterior Material	Brick
Lot Area	130,680 sqft (3 acres)
Lot Dimensions	434 ft deep x 300 ft wide

Location & Zoning

Street Address	5201 E TERRACE DR
City	MADISON
State	WI
Zip	53718-8361
Property Category	Commercial
Property Type	Commercial > Office > Mixed Use Commercial Office / Residential
Local Zoning Code	SEC
Legal Description	THE AMERICAN CENTER PLAT TERRACE ADDITION, LOT 20
Legal Range	10
Legal Township	08
Legal Section	22
Legal Subdivision	THE AMERICAN CENTER PLAT TERRACE
Legal Lot Number	20
Jurisdiction	DANE WI
Township / Civil Division	MADISON
Census Block Group	1
Census Block	1039
Census Tract	11405

Owner

Source: Dane County records, as of January 22, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Owner Name on Record
Mailing Address	1715 LINNERUD DR UNIT 620, 620, SUN PRAIRIE, WI 53590-1383

Deeds, Mortgages & Sale History

Date	Document
Jul 28, 2025	Deed of Trust, Mortgage · Commercial Mortgage TRI CITY NATIONAL BANK
Aug 12, 2021	Deed of Trust, Mortgage · Commercial Mortgage TRI CITY NATIONAL BANK
Oct 24, 2018	Deed of Trust, Mortgage · Commercial Mortgage WESTBURY BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 8, 2013 · Amount on Record
Deed Sale	Jul 8, 2013 · Amount on Record
Prior Sale	Dec 26, 2008 · Amount on Record
Deed Document Number	5003673
Record Updated	Jun 8, 2026

July 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DANE WI
Property Address	5201 E TERRACE DR, MADISON, WI 53718-8361
Transaction Type	Mortgage
Record Updated	May 25, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0006042027
Date	Jul 28, 2025
Instrument	6042027

Lender

Name	TRI CITY NATIONAL BANK
Type	Bank
Address	HALES CORNERS, WI 53130

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

August 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DANE WI
Property Address	5201 E TERRACE DR, MADISON, WI 53718-8361
Transaction Type	Mortgage
Record Updated	May 25, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0005760253
Date	Aug 12, 2021
Instrument	5760253

Lender

Name	TRI CITY NATIONAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

October 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DANE WI
Property Address	5201 E TERRACE DR, MADISON, WI 53718-8361
Transaction Type	Mortgage
Record Updated	Sep 8, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0005450164
Date	Oct 24, 2018
Instrument	5450164

Lender

Name	WESTBURY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

Source: Dane County assessment roll, as of January 1, 2025

Property Jurisdictions

Type	Name
State	Wisconsin
County	Dane County
Municipality	Madison City
Unified School District	Sun Prairie Area School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$4,736,900 (-) Land $503,500 Building $4,233,400
2024	$88,846.00 (-6.66%)		$4,736,900
2023		$4,736,900 (+0.29%) Land $503,500 Building $4,233,400
2022	$95,184.00 (-7.68%)	$4,723,000 Land $503,500 Building $4,219,500
2021	$103,104.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 20, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 94% of Wisconsin
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MADISON WATER UTILITY serves 272,000 people · EPA ID WI1130224
Water Source	Groundwater
Last State Inspection	Apr 2023
Lead	2 ppb (2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Lead service line inventory Oct 2024
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 48 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
LiteWire Fixed Wireless	100 / 25
T-Mobile Fixed Wireless	100 / 20
AT&T DSL · Fiber in parts of the area	100 / 20

May also be available: UpNet WI, Verizon.

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