2 Sherman Terrace Unit 2 Madison, WI 53704
Sherman Terrace Neighborhood
4
Beds
2
Baths
1,704
Sq Ft
$350/mo
HOA Fee
Highlights
- Property is near a park
- Forced Air Cooling System
- Accessible Bedroom
- Bathtub
- Patio
- 3-minute walk to Filene Park
About This Home
As of March 2024Welcome to the epitome of Madison living at Sherman Terrace! Nestled in a prime location, this townhouse with 4 bedrooms and 2 baths is the perfect retreat for those seeking a harmonious combination of elegance and functionality. An abundance of natural light featuring bay windows up and down create an inviting and airy atmosphere throughout. The living space features a thermostatic fireplace upstairs, adding a touch of warmth and charm, creating an ideal setting for cozy gatherings or tranquil evenings. This home is strategically located close to Tenney Park, providing easy access to green spaces, walking trails, and the picturesque Lake Mendota just across the way. Embrace the outdoors and revel in the natural beauty surrounding this one of a kind Sherman Terrace condo.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,965
Year Built
- Built in 1949
HOA Fees
- $350 Monthly HOA Fees
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
Parking
- Outside Parking
- Assigned Parking
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
- Patio
- Private Entrance
- Property is near a park
Community Details
- Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
- 4 Units
- Located in the Sherman Terrace master-planned community
- Property Manager
- Greenbelt
Listing and Financial Details
- 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
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%
Similar Homes in Madison, WI
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Home Values in the Area
Average Home Value in this Area
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
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
-
Amy Bua
Seller's Agent in 2024
Amy Bua
First Weber Inc
(608) 698-2692
1 in this area
32 Total Sales
-
Seth Pfaehler
Buyer's Agent in 2024
Seth Pfaehler
The McGrady Group, LLC
(608) 338-4812
2 in this area
470 Total Sales
-
Peggy Adams
Seller's Agent in 2016
Peggy Adams
Cardinal Star Realty
(608) 206-2106
35 Total Sales
-
M
Buyer's Agent in 2016
Michelle Minter
South Central Non-Member
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1969632
APN: 0709-124-1402-9
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