NOT LISTED FOR SALE

1745 Sheridan St Madison, WI 53704

Sherman Neighborhood

Estimated Value: $346,000 - $378,000

3 Beds
1 Bath
1,493 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $330,000 $221 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,286/month

9 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bungalow
  • Corner Lot
  • Bathtub
  • Accessible Full Bathroom

About This Home

As of May 2023

Fully furnished recently updated charmer sitting on corner lot. Nicely finished & move-in ready! Property may perform as a midterm rental for travel nurses or short term rental (please check with the City of Madison for rules regarding rentals). Great buy for an investor! All the hard work is done on this turnkey rental property. FF has new LVP flooring throughout the home. Keeping the 1940's character along w/ 2 furnished bedrooms & full bath. Kitchen finished w/ SS appliances, fully stocked, plenty of counter space & tons of cabinet storage. Added a backsplash & modern dining table & chairs that remain w/ property. UL is fully furnished w/ 3rd bedroom & space for home office or additional living area. Big outdoor space w/ large detached 2 car garage. Roof new in 2020.

Last Agent to Sell the Property

Jessica Janssen

Design Realty LLC License #58008-90 Listed on: 04/18/2023

Last Buyer's Agent

Matt Kornstedt

Stark Company, REALTORS

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,174

Year Built

  • Built in 1947

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Bungalow

Interior Spaces

  • 1,493 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Parking

  • 2 Car Detached Garage
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Low Pile Carpeting

Schools

  • Mendota Elementary School
  • Sherman Middle School
  • East High School

Additional Features

  • Property is near a bus stop
  • Radiant Heating System

Community Details

  • Mckenna Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,174

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 1/2 story
  • Architecture: Bungalow
  • Barrier Free: First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Seller's personal property
  • Year Built: 1947
  • Above Grade Sold Price Per Sq Ft: 221.03
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1493
  • Finished Sq Ft: 1493
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 13x11, On Level: M
  • Bedroom 2: Dimensions: 10x10, On Level: M
  • Bedroom 3: Dimensions: 10x9, On Level: U
  • Kitchen: Dimensions: 13x13, On Level: M
  • Living Room: Dimensions: 18x13, On Level: M
  • Basement: Full
  • Interior Amenities: Wood or sim. wood floor, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Detached
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant
  • Water Waste: Municipal water, Municipal sewer

Schools

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

Lot Info

  • Estimated Aces: 0.19
  • Lot Description: Corner, Close to busline
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 5174
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 30, 2023
Sold by
Tlc Home Rentals Llc
Bought by
Satter Todd Jerome
Seller's Agent
Jessica Janssen
Design Realty LLC
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$319,900
Sold Price
$330,000
Premium/Discount to List
$10,100
3.16%
Views
101
Current Estimated Value
$365,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,122
Avg. Annual Appreciation
4.08%
Original Mortgage
$264,000
Outstanding Balance
$256,376
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$108,746

Purchase Details

Closed on
Jan 18, 2022
Sold by
Worrell Caller K
Bought by
Tlc Home Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,899
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Satter Todd Jerome $330,000 None Listed On Document
Tlc Home Rentals Llc $210,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satter Todd Jerome $264,000
Previous Owner Tlc Home Rentals Llc $109,899
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Sold $330,000 +3.2% $221 / Sq Ft
04/18/2023 04/18/23 For Sale $319,900 -- $214 / 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 $11,517 $330,000 $80,500 $249,500
2023 $5,344 $297,200 $73,200 $224,000
2021 $5,010 $237,000 $58,400 $178,600
2020 $4,992 $225,700 $55,600 $170,100
2019 $4,864 $219,100 $54,000 $165,100
2018 $4,346 $204,800 $54,000 $150,800
2017 $4,127 $186,200 $49,100 $137,100
2016 $4,130 $175,700 $49,100 $126,600
2015 $3,809 $161,000 $47,700 $113,300
2014 $3,691 $161,000 $47,700 $113,300
2013 $3,809 $157,800 $46,800 $111,000
Source: Public Records

Agents Affiliated with this Home

  • Jessica Janssen

    Seller's Agent in 2023

    Jessica Janssen

    Design Realty LLC

    (920) 819-2158

    1 in this area

    501 Total Sales

    Jessica Janssen
    Section Image
  • Matt Kornstedt

    Buyer's Agent in 2023

    Matt Kornstedt

    Stark Company, REALTORS

    (608) 345-7943

    14 in this area

    1,857 Total Sales

    Matt Kornstedt
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1953887

South Central Wisconsin Multiple Listing Service

APN: 0810-312-0612-2

Wisconsin Dane County Madison 53704 Sherman

1745 Sheridan St, Madison, WI

Not Listed for Sale

Detached

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