Nancy J. Ramirez and P Mazza Mario buy 2976 Arcola Road, Madison

The home at 2976 Arcola Road, Madison was sold on April 23 by Carl R. and Helene Schubert for $300,000.

The buyers were Nancy J. Ramirez and P Mazza Mario.

The property tax paid for this property in 2022 was $7,949. This is 2.6% of the sale price of the home.

This property is one of five sales in Madison (Lake County) from March 23 to April 23.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.