NOT LISTED FOR SALE

1942 Northwestern Ave Madison, WI 53704

Sherman Neighborhood

Estimated Value: $221,000 - $246,104

2 Beds
1 Bath
698 Sq Ft
$328/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2026

Last sale price $225,000 $322 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,539 / mo

24 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bathtub
  • Ranch Style House
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of January 2026

A rare chance to own one of the most affordable homes on the Madison market! The welcoming front-yard garden adds charm, while the cozy 2-bedroom layout offers excellent potential for both tiny living enthusiasts and investors. With value-add possibilities, easy access to parks, mass transportation, shopping, and an increasingly uncommon price point, this home truly stands out in today’s market. Updates include: new heat pump (2025), new roof (2024), new window (2024 - others were installed in 2012), retaining wall (2023), dishwasher (2023) and water softener (non-salt -2023).

Last Agent to Sell the Property

Katie Kolakowski

City RE License #60334-90 Listed on: 11/21/2025

Last Buyer's Agent

Casey Fountain

Stark Company, REALTORS License #113995-94

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced Yard

Parking

  • Paved Parking

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 698 Sq Ft Home
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • High Speed Internet

Additional Features

  • Low Pile Carpeting
  • Deck
  • Property is near bus stop

Community Details

  • Clyde A Gallagher Subdivision

Listing and Financial Details

  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,223

Year Built

Built in 1950

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Items Included: Dishwasher, oven/stove, refrigerator, water softener, wall AC/Heater, shed in the backyard
  • Year Built: 1950
  • Above Grade Sold Price Per Sq Ft: 322.35
  • Reso Accessibility Features: First floor bedroom, First floor full bath, Low pile or no carpeting
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 698
  • Finished Sq Ft: 698
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 12x12, On Level: M
  • Bedroom 2: Dimensions: 8x12, On Level: M
  • Kitchen: Dimensions: 8x11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 16x12, On Level: M
  • Laundry: Dimensions: 7x10, On Level: M
  • Basement: Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, At Least 1 tub, Internet - Cable
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Fenced Yard

Garage/Parking

  • Driveway: Paved

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Window AC
  • Water Waste: Municipal water, Municipal sewer

Schools

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

Lot Info

  • Estimated Aces: 0.11
  • Lot Description: Close to busline, Sidewalk
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3223
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2025
Closed on
Jan 9, 2026
Sold by
Bought by
Seller's Agent
Katie Kolakowski
City RE
Buyer's Agent
Casey Fountain
Stark Company, REALTORS
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Views
187
Current Estimated Value
$229,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,276
Avg. Annual Appreciation
4.95%
Original Mortgage
$218,250
Outstanding Balance
$218,250
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$11,026

Purchase Details

Closed on
Apr 7, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2017
Closed on
Dec 16, 2017
Sold by
Bought by
Seller's Agent
Eric Hansen
Real Broker LLC
Buyer's Agent
Jim Schuessler
Stark Company, REALTORS
List Price
$124,900
Sold Price
$121,000
Premium/Discount to List
-$3,900
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$102,850
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,300
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,100
Interest Rate
6.66%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 Knight Barry Title
$68,000 Knight Barry Title
-- --
-- None Available
$125,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $218,250
Previous Owner $101,400
Previous Owner $102,850
Previous Owner $120,300
Previous Owner $25,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2026 01/09/26 Sold $225,000 -2.2% $322 / Sq Ft
12/05/2025 12/05/25 Price Changed $230,000 -4.2% $330 / Sq Ft
11/21/2025 11/21/25 For Sale $240,000 +98.3% $344 / Sq Ft
12/18/2017 12/18/17 Sold $121,000 -3.1% $173 / Sq Ft View Prior Sale
10/12/2017 10/12/17 For Sale $124,900 +3.2% $179 / Sq Ft
10/06/2017 10/06/17 Off Market $121,000 -- --
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,629 $214,100 $60,200 $153,900
2024 $6,447 $202,000 $60,200 $141,800
2023 $2,940 $183,600 $54,700 $128,900
2022 $5,770 $163,900 $48,800 $115,100
2021 $2,623 $140,100 $41,700 $98,400
2020 $2,725 $133,400 $39,700 $93,700
2019 $2,624 $129,500 $38,500 $91,000
2018 $2,459 $121,000 $38,500 $82,500
2017 $2,783 $128,600 $38,500 $90,100
2016 $2,599 $118,000 $38,500 $79,500
2015 $2,574 $111,500 $37,400 $74,100
2014 $2,492 $111,500 $37,400 $74,100
2013 $2,706 $109,300 $36,700 $72,600
Source: Public Records

Agents Affiliated with this Home

  • Katie Kolakowski

    Seller's Agent in 2026

    Katie Kolakowski

    City RE

    (608) 471-8566

    1 in this area

    105 Total Sales

    Katie Kolakowski
    Section Image

  • C

    Buyer's Agent in 2026

    Casey Fountain

    Stark Company, REALTORS

    (608) 837-7345

    1 in this area

    10 Total Sales

    Casey Fountain
    Section Image
  • Eric Hansen

    Seller's Agent in 2017

    Eric Hansen

    Real Broker LLC

    (608) 219-6506

    146 Total Sales

    Eric Hansen
    Section Image
  • Brett Hansen

    Seller Co-Listing Agent in 2017

    Brett Hansen

    Real Broker LLC

    (608) 438-3833

    148 Total Sales

    Brett Hansen
    Section Image
  • Jim Schuessler

    Buyer's Agent in 2017

    Jim Schuessler

    Stark Company, REALTORS

    (608) 445-0766

    1 in this area

    58 Total Sales

    Jim Schuessler
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2012865

South Central Wisconsin Multiple Listing Service

APN: 0810-312-1311-9

Wisconsin Dane County Madison 53704 Sherman

1942 Northwestern Ave, Madison, WI

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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