$234,900
SOLD JUL 2, 2025

12 Sherman Terrace Unit 2 Madison, WI 53704

Sherman Terrace Neighborhood
2 Beds
1 Bath
852 Sq Ft
$275/mo HOA Fee

Recently Sold

$276 Per Sq Ft

3 Days on Market

Highlights

  • Main Floor Bedroom
  • Forced Air Cooling System
  • Bathroom on Main Level
  • Bathtub
  • Resident Manager or Management On Site
  • 3-minute walk to Filene Park

About This Home

As of July 2025

Welcome to this bright, first-floor condo offering charm, comfort, and an unbeatable location steps from Tenney Park. This inviting home features tasteful finishes throughout. You’ll love the central A/C and in-unit laundry in a historic, urban design and two parking spaces. Step out onto the rear porch and enjoy a quiet morning coffee. Located near Tenney Locks, Lake Mendota, and the Yahara River, you’ll enjoy easy access to outdoor recreation, as well as quick connections to Downtown Madison, the Capitol, and the lively Atwood and East Washington areas. You’ll also be a quick bike ride from Madison’s new Public Market. Stylish, low-maintenance, and move-in ready—schedule your showing today!

Last Agent to Sell the Property

Michael Leeson

Realty Executives Cooper Spransy Brokerage Email: Michael@LeesonRealEstate.com License #91895-94 Listed on: 06/02/2025

Realty Executives Cooper Spransy

Last Buyer's Agent

Michael Leeson

Realty Executives Cooper Spransy Brokerage Email: Michael@LeesonRealEstate.com License #91895-94 Listed on: 06/02/2025

Realty Executives Cooper Spransy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,956

Year Built

  • Built in 1949

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • 852 Sq Ft Home
  • Garden Home
  • Ranch Property
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Poured Concrete
  • Stone Exterior Construction

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Outside Parking
  • Assigned Parking

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Private Entrance
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-124-2402-8

Community Details

Overview

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 6 Units
  • Located in the Sherman Terrace master-planned community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,956

Year Built

Built in 1949

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story, Garden
  • Items Excluded: Sellers personal property
  • Items Included: Range/oven, refrigerator, microwave, disposal, washer, dryer, custom blinds, barstools
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Sherman Terrace
  • Year Built: 1949
  • Above Grade Sold Price Per Sq Ft: 275.7
  • Reso Accessibility Features: First floor bedroom, First floor full bath
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 852
  • Finished Above Grade Sq Ft: 852
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 08x11, On Level: M
  • Bedroom 2: Dimensions: 13x10, On Level: M
  • Kitchen: Dimensions: 20x09, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Microwave, Disposal
  • Living Room: Dimensions: 16x11, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None, Poured concrete foundatn
  • Interior Amenities: Washer, Dryer, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Private Entry

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 2+ spaces assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Close to busline
  • Condo Fee Month: 275
  • Condo Management: Professional onsite
  • Units in Association: 217
  • Units In Building: 6

Schools

  • Elementary School: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 2956
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-124-2402-8

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2025
Closed on
Jul 2, 2025
Sold by
Burk Patricia A
Bought by
Kraus-Florin Jennifer and Florin Jonathan
Seller's Agent
Michael Leeson
Realty Executives Cooper Spransy
Buyer's Agent
Michael Leeson
Realty Executives Cooper Spransy
List Price
$234,900
Sold Price
$234,900
Views
23
Current Estimated Value
$232,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,173
Avg. Annual Appreciation
-2.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $234,900 Founders Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2025 07/02/25 Sold $234,900 0.0% $276 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $234,900 0.0% $276 / Sq Ft
06/02/2025 06/02/25 Off Market $234,900 -- --
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,912 $171,700 $12,900 $158,800
2023 $2,765 $156,100 $11,700 $144,400
2021 $2,496 $120,100 $9,400 $110,700
2020 $2,810 $115,500 $9,000 $106,500
2019 $2,640 $106,900 $9,000 $97,900
2018 $2,356 $93,800 $9,000 $84,800
2017 $2,445 $93,800 $8,300 $85,500
2016 $2,241 $82,300 $8,300 $74,000
2015 $1,750 $74,000 $8,300 $65,700
2014 $1,715 $74,000 $8,300 $65,700
2013 $2,328 $74,000 $8,300 $65,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2001198

South Central Wisconsin Multiple Listing Service

APN: 0709-124-2402-8