$146,000
SOLD AUG 15, 2016
4 Beds
2 Baths
1,704 Sq Ft
$280/mo HOA Fee

Recently Sold

$86 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Bathtub
  • Resident Manager or Management On Site
  • Accessible Full Bathroom
  • Forced Air Cooling System
  • Accessible Bedroom
  • 3-minute walk to Filene Park

About This Home

As of March 2024

Not your everyday Sherman Terrace condo! With units #2 & #4 being combined, this once boring condo feels more like a townhouse. Over 1700 ft. sq., 4 bedrooms, 2 full baths, private laundry room, and huge kitchen. Private entrance, cozy fireplace, and beautiful gardens next to your parking adding to this baby's charm. Let's not forget to mention Tenney Park & Lake Mendota are only 2 blocks away! Whether your looking for an investment or a comfortable, spacious place to call home, this is a must see! Current lease is through 8/14/16 with a monthly rent of $1750.

Last Agent to Sell the Property

Peggy Adams

Cardinal Star Realty License #58649-90 Listed on: 05/26/2016

Last Buyer's Agent

Michelle Minter

South Central Non-Member License #79053-94

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1949

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,704 Sq Ft Home
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

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 0709-124-1402-9

Community Details

Overview

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

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,093

Year Built

Built in 1949

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story
  • Barrier Free: First floor bedroom, First floor full bath, Low pile or no carpeting
  • Items Included: Some Window Coverings
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Sherman Terrace
  • Year Built: 1949
  • Above Grade Price Per Sq Ft: 88.03
  • Above Grade Sold Price Per Sq Ft: 85.68
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Sq Ft: 1704
  • Finished Above Grade Sq Ft: 1704
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 12x9, On Level: U
  • Bedroom 2: Dimensions: 10x9, On Level: U
  • Bedroom 3: Dimensions: 12x9, On Level: M
  • Bedroom 4: Dimensions: 12x9, On Level: M
  • Kitchen: Dimensions: 8x9, On Level: U
  • Kitchen Features: Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 14x11, On Level: U
  • Family Room: Dimensions: 14x11, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 12x8
  • Basement: None
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Washer, Dryer, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick
  • Exterior Features: Private Entry

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, Close to busline
  • Condo Fee Month: 280
  • Condo Management: Professional onsite
  • Proposed Units In Assoc: 216
  • Units in Association: 216
  • Units In Building: 4

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: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 1700
  • Improvements: 101700
  • Total Assessment: 118700
  • Assessment year: 2016
  • Net Taxes: 3093
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-124-1402-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Mar 1, 2024
Sold by
Cullen Tuyet Elizabeth and Cullen Stephen Paul
Bought by
Ahn John
Seller's Agent
Amy Bua
First Weber Inc
Buyer's Agent
Seth Pfaehler
The McGrady Group, LLC
List Price
$279,900
Sold Price
$245,000
Premium/Discount to List
-$34,900
-12.47%
Views
154
Current Estimated Value
$283,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,970
Avg. Annual Appreciation
11.29%
Original Mortgage
$237,650
Outstanding Balance
$234,592
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$49,378

Purchase Details

Listed on
May 26, 2016
Closed on
Aug 15, 2016
Sold by
Young Phoebe S
Bought by
Cullen Tuyet Elizabeth and Cullen Stephen Paul
Seller's Agent
Peggy Adams
Cardinal Star Realty
Buyer's Agent
Michelle Minter
South Central Non-Member
List Price
$150,000
Sold Price
$146,000
Premium/Discount to List
-$4,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $267,900 None Listed On Document
Condominium Deed $147,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,650 New Conventional
Previous Owner $12,000 New Conventional
Previous Owner $159,200 New Conventional
Previous Owner $32,150 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $15,000 Credit Line Revolving
Previous Owner $134,000 Adjustable Rate Mortgage/ARM
Previous Owner $10,000 Credit Line Revolving
Previous Owner $45,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $245,000 -12.5% $144 / Sq Ft
01/15/2024 01/15/24 For Sale $279,900 +91.7% $164 / Sq Ft
08/15/2016 08/15/16 Sold $146,000 -2.7% $86 / Sq Ft
06/04/2016 06/04/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $150,000 -- $88 / 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 $7,743 $238,600 $26,300 $212,300
2023 $3,548 $216,900 $23,900 $193,000
2021 $3,434 $177,800 $19,200 $158,600
2020 $4,138 $171,000 $18,500 $152,500
2019 $4,079 $167,600 $18,500 $149,100
2018 $3,668 $147,000 $18,500 $128,500
2017 $3,863 $147,000 $17,000 $130,000
2016 $3,293 $118,700 $17,000 $101,700
2015 $2,388 $105,000 $17,000 $88,000
2014 $2,335 $105,000 $17,000 $88,000
2013 $4,035 $105,000 $17,000 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1776960

South Central Wisconsin Multiple Listing Service

APN: 0709-124-1402-9