13 Sherman Terrace Unit 4 Madison, WI 53704
Sherman Terrace Neighborhood
2
Beds
1
Bath
852
Sq Ft
$175/mo
HOA Fee
Highlights
- Wooded Lot
- End Unit
- Forced Air Cooling System
- Wood Flooring
- Bathtub
- 3-minute walk to Filene Park
About This Home
As of March 2023Sherman Terrace! Enjoy condo living in this quiet, affordable, tucked away association! Close & Easy access to downtown Madison, UW Madison, Tenny Park, restaurants, grocery store, steps to Lake Mendota/Mendota Park, on bus line, & so much more! 2nd floor unit in security locked building with lots of natural light & overlooks west facing courtyard! Morning sun in kitchen/dining areas with east exposure. Stove, refrigerator, dishwasher included Great biking area! 2 car parking tags for owner. Updates: Water heater 11/2019, Furnace 1/2015, tub faucet 10/2019, new smoke and carbon monoxide detectors. Per City of Madison assessor site, roof replaced in 2021. Tenants lease through Aug 14, 2022. Shared laundry & storage unit in buildings across courtyard.
Last Agent to Sell the Property
Stark Company, REALTORS License #39600-90 Listed on: 06/15/2022
Last Buyer's Agent
Evan Swain
South Central Non-Member License #85519-94
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,336
Year Built
- Built in 1949
Lot Details
- End Unit
- Wooded Lot
HOA Fees
- $175 Monthly HOA Fees
Parking
- Outside Parking
Home Design
- Garden Home
- Brick Exterior Construction
- Stone Exterior Construction
Interior Spaces
- 852 Sq Ft Home
- Wood Flooring
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub
Schools
- Emerson Elementary School
- Sherman Middle School
- East High School
Additional Features
- Property is near a bus stop
- Forced Air Cooling System
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
- Greenbelt
Additional Features
- Laundry Facilities
- Resident Manager or Management On Site
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
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
Similar Homes in Madison, WI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $195,000 | -- | |
| Deed | $136,000 | None Listed On Document | |
| Warranty Deed | $98,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,002 | New Conventional | |
| Previous Owner | $3,000 | Unknown | |
| Previous Owner | $83,400 | Purchase Money Mortgage | |
| Previous Owner | $5,505 | Unknown | |
| Previous Owner | $5,000 | Unknown | |
| Previous Owner | $70,000 | New Conventional | |
| Closed | $139,000 | No Value Available |
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
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
-
Matt Winzenried
Buyer's Agent in 2023
Matt Winzenried
Realty Executives
(608) 358-4396
3 in this area
664 Total Sales
-
Kathy DePrey
Seller's Agent in 2022
Kathy DePrey
Stark Company, REALTORS
(608) 212-7355
1 in this area
71 Total Sales
-
E
Buyer's Agent in 2022
Evan Swain
South Central Non-Member
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1937016
APN: 0709-124-2504-2
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