NOT LISTED FOR SALE

13 Sherman Terrace Unit 4 Madison, WI 53704

Sherman Terrace Neighborhood

Estimated Value: $221,000 - $235,000

2 Beds
1 Bath
852 Sq Ft
$175/mo HOA Fee

Last Sold March 16, 2023

Last sale price $195,000 $229 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,992/month

3 Days on Market

Highlights

  • Open Floorplan
  • Bathtub
  • Storage Room
  • Wood Flooring
  • Forced Air Cooling System
  • 3-minute walk to Filene Park

About This Home

As of March 2023

Look no further! Welcome to this beautiful professionally updated 2 bedroom retreat in historic Sherman Terrace. Everything you need is right here! 1 block from Tenney Park, close to Yahara River and Lake Mendota, short distance to the square, shopping and airport plus you are on the bus line. Green space and courtyard are presented with mature trees for a "park like setting" . Some of the standout features include; Gorgeous white trim, Custom cabinets and built ins, All new Fixtures, Flooring, New Appliances, Freshly painted, New Kitchen and Bathroom, Light fixtures, Ceiling fans and more. Call today to set up your private showing!

Last Agent to Sell the Property

Julie Larson

First Weber Inc License #69054-94 Listed on: 02/10/2023

First Weber Inc

Last Buyer's Agent

Matt Winzenried

Realty Executives Cooper Spransy

Realty Executives Cooper Spransy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1949

Lot Details

  • 9

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 852 Sq Ft Home
  • Open Floorplan
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Schools

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

Utilities

  • Forced Air Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-124-2504-2

Community Details

Overview

  • Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 6 Units
  • Located in the Sherman Terrace master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,335

Year Built

Built in 1949

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Open floor plan, Low pile or no carpeting
  • Items Included: Combo Washer/Dryer
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Sherman Terrace
  • Year Built: 1949
  • Above Grade Price Per Sq Ft: 222.89
  • Above Grade Sold Price Per Sq Ft: 228.87
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 852
  • Finished Above Grade Sq Ft: 852
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 09x12, On Level: M
  • Bedroom 2: Dimensions: 09x11, On Level: M
  • Kitchen: Dimensions: 9x9, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 11x16, On Level: M
  • Dining Area: Dimensions: 10x09, On Level: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub, Internet - Cable, Internet - Fixed wireless
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 175
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 217
  • Units in Association: 217
  • Units In Building: 6

Schools

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

Lot Info

  • Zoning: TR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 10700
  • Improvements: 117700
  • Total Assessment: 128400
  • Assessment year: 2022
  • Net Taxes: 2335
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-124-2504-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 15, 2023
Sold by
Licht Brad A
Bought by
West Gordon Blaine and Chang-West Eunsil
Seller's Agent
Julie Larson
First Weber Inc
Buyer's Agent
Matt Winzenried
Realty Executives Cooper Spransy
List Price
$189,900
Sold Price
$195,000
Premium/Discount to List
$5,100
2.69%
Views
79
Current Estimated Value
$227,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,260
Avg. Annual Appreciation
5.80%
Original Mortgage
$350,002
Outstanding Balance
$340,898
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
-$118,506

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jun 30, 2022
Sold by
Maxwell Robin E
Bought by
Licht Brad A
Seller's Agent
Kathy DePrey
Stark Company, REALTORS
Buyer's Agent
Evan Swain
South Central Non-Member
List Price
$129,900
Sold Price
$136,000
Premium/Discount to List
$6,100
4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.12%

Purchase Details

Closed on
Oct 23, 2007
Sold by
Hanson Scott A and Thompson Abbey K
Bought by
Macdonald Robin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
6.33%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
West Gordon Blaine $195,000 --
Licht Brad A $136,000 None Listed On Document
Macdonald Robin E $98,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Gordon Blaine $350,002
Previous Owner Macdonald Robin E $3,000
Previous Owner Macdonald Robin E $83,400
Previous Owner Macdonald Robin E $5,505
Previous Owner Macdonald Robin E $5,000
Previous Owner Hanson Scott A $70,000
Closed West Gordon Blaine $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $195,000 +2.7% $229 / Sq Ft
02/10/2023 02/10/23 For Sale $189,900 +39.6% $223 / Sq Ft
07/01/2022 07/01/22 Sold $136,000 +4.7% $160 / Sq Ft
06/15/2022 06/15/22 For Sale $129,900 -- $152 / Sq Ft
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 $6,737 $195,000 $12,900 $182,100
2023 $2,398 $136,000 $11,700 $124,300
2021 $2,335 $112,600 $9,400 $103,200
2020 $2,639 $108,300 $9,000 $99,300
2019 $2,482 $100,300 $9,000 $91,300
2018 $2,216 $88,000 $9,000 $79,000
2017 $2,297 $87,900 $8,300 $79,600
2016 $2,107 $77,100 $8,300 $68,800
2015 $1,633 $69,300 $8,300 $61,000
2014 $1,601 $69,300 $8,300 $61,000
2013 $2,199 $69,300 $8,300 $61,000
Source: Public Records

Agents Affiliated with this Home

  • Julie Larson

    Seller's Agent in 2023

    Julie Larson

    First Weber Inc

    (608) 516-1716

    3 in this area

    71 Total Sales

    Julie Larson
    Section Image
  • Matt Winzenried

    Buyer's Agent in 2023

    Matt Winzenried

    Realty Executives

    (608) 358-4396

    3 in this area

    666 Total Sales

    Matt Winzenried
    Section Image
  • Kathy DePrey

    Seller's Agent in 2022

    Kathy DePrey

    Stark Company, REALTORS

    (608) 212-7355

    1 in this area

    71 Total Sales

    Kathy DePrey
    Section Image

  • E

    Buyer's Agent in 2022

    Evan Swain

    South Central Non-Member

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1950033

South Central Wisconsin Multiple Listing Service

APN: 0709-124-2504-2

Wisconsin Dane County Madison 53704 Sherman Terrace

13 Sherman Terrace Unit 4, Madison, WI

This home is located at 13 Sherman Terrace Unit 4, Madison, WI 53704 since 10 February 2023 and is currently estimated at $227,260, approximately $266 per square foot. This property was built in 1949. 13 Sherman Terrace Unit 4 is a home located in Dane County with nearby schools including Emerson Elementary School, Sherman Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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