NOT LISTED FOR SALE

2031 Sherman Ave Madison, WI 53704

Estimated Value: $381,000 - $423,000

2 Beds
2 Baths
1,000 Sq Ft
$402/Sq Ft Est. Value

About This Home

East, just outside the Isthmus - Large, two-bedroom, one-bathroom, lower flat with hardwood floors and four season porch. Lower unit has use of backyard and basement laundry and storage area. One half block from Burrows Park on Lake Mendota. Resident pays heat and electric, and the owner pays water, sewer, trash, recycling. Preauthorized pets are accepted.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2023
Sold by
Gruber Homes Llc
Bought by
Ripple Trust
Current Estimated Value
$402,409

Purchase Details

Closed on
Jun 14, 2021
Sold by
Gruber Gregory A and Gruber Greg
Bought by
Gruber Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gruber Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,349
Interest Rate
4.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2010
Sold by
Kuzma Jane O
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

Date Buyer Sale Price Title Company
Ripple Trust $305,600 --
Gruber Homes Llc -- First American Title
Gruber Gregory A -- First American Title Company
Federal Home Loan Mortgage Corporation $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gruber Homes Llc $975,000
Previous Owner Gruber Gregory A $200,000
Previous Owner Gruber Gregory A $141,000
Previous Owner Gruber Gregory A $140,349
Previous Owner Eble Jane Owen $385,309
Previous Owner Kuzma Jane O $201,000
Previous Owner Kuzma Jane O $186,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Off Market $1,450 -- --
11/12/2024 11/12/24 Price Changed $1,450 -3.3% $1 / Sq Ft
11/11/2024 11/11/24 Price Changed $1,500 -3.2% $2 / Sq Ft
10/15/2024 10/15/24 For Rent $1,550 -- --

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
2023 $5,496 $305,500 $102,900 $202,600
2021 $5,390 $249,500 $34,300 $215,200
2020 $5,019 $225,800 $34,300 $191,500
2019 $4,937 $216,000 $34,300 $181,700
2018 $4,374 $197,400 $34,300 $163,100
2017 $4,014 $182,200 $34,300 $147,900
2016 $3,946 $173,400 $34,300 $139,100
2015 $3,931 $164,500 $34,300 $130,200
2014 $3,939 $164,500 $34,300 $130,200
2013 $4,374 $164,500 $34,300 $130,200
Source: Public Records

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