12 Sherman Terrace Unit 2 Madison, WI 53704
Sherman Terrace Neighborhood
2
Beds
1
Bath
852
Sq Ft
$275/mo
HOA Fee
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 2025Welcome 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
Realty Executives Cooper Spransy Brokerage Email: Michael@LeesonRealEstate.com License #91895-94 Listed on: 06/02/2025
Last Buyer's Agent
Realty Executives Cooper Spransy Brokerage Email: Michael@LeesonRealEstate.com License #91895-94 Listed on: 06/02/2025
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
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.25%
Similar Homes in Madison, WI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $234,900 | Founders Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $36,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Michael Leeson
Seller's Agent in 2025
Michael Leeson
Realty Executives
(608) 843-3203
1 in this area
183 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2001198
APN: 0709-124-2402-8
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