NOT LISTED FOR SALE

25 Sherman Terrace Unit 6 Madison, WI 53704

Sherman Terrace Neighborhood

Estimated Value: $180,000 - $221,388

2 Beds
1 Bath
852 Sq Ft
$140/mo HOA Fee

Last Sold June 10, 2013

Last sale price $75,000 $88 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,744/month

21 Days on Market

Highlights

  • Wood Flooring
  • Intercom
  • Building Security System
  • Bathtub
  • Forced Air Cooling System
  • 4-minute walk to Filene Park

About This Home

As of June 2013

Quiet, updated condo in great neighborhood. Remodeled kitchen includes gas stove in butcher block peninsula w/ seating and lots of storage. Updated bathroom includes high efficiency Kohler toilet, pedestal sink and beautiful sim wood flooring. Windows & water heater new in 2006. Compact washer/dryer in condo. Nearby amenities includes: on bus line, near bike paths, Tenney Park (tennis, basketball, beach, ice rink, b-cycle station) and Burrows park within walking distance, close to downtown/campus area. See http://www.fsbomadison.com/16182 or call 920-540-9143 (Ryan) or 608-438-2036 (Krista) for info.

Last Agent to Sell the Property

Jerry Wheeler

South Central Non-Member License #57072-90 Listed on: 03/28/2013

Last Buyer's Agent

Monika Ramsey

First Weber Inc License #52604-90

First Weber Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1955

Lot Details

  • 9

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 852 Sq Ft Home
  • Low Emissivity Windows
  • Wood Flooring
  • Intercom
  • Laundry on main level

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0709-124-3706-3

Community Details

Overview

  • Association fees include water/sewer, trash removal, snow removal, common area maintenance, common area insurance
  • 7 Units
  • Located in the SHERMAN TERRACE master-planned community
  • Greenbelt

Amenities

  • Laundry Facilities

Security

  • Resident Manager or Management On Site
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,505

Year Built

Built in 1955

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Conversion
  • Fee Includes: Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance
  • Project Name: SHERMAN TERRACE
  • Year Built: 1955
  • Above Grade Price Per Sq Ft: 93.31
  • Above Grade Sold Price Per Sq Ft: 88.03
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 852
  • Finished Above Grade Sq Ft: 852
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 14x10, On Level: M
  • Bedroom 2: Dimensions: 10x8, On Level: M
  • Kitchen: Dimensions: 7x8, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Disposal
  • Living Room: Dimensions: 16x12, On Level: M
  • Dining Room: Dimensions: 12x8, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Intercom, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 3
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone

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, Shared Laundry Facilities, Security system, Close to busline
  • Condo Fee Month: 140
  • Condo Management: Professional onsite
  • Proposed Units In Assoc: 186
  • Units in Association: 186
  • Units In Building: 7

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

Green Features

  • Energy Eff Green: Low E Windows

Lot Info

  • Zoning: R5
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 8300
  • Improvements: 53900
  • Total Assessment: 62200
  • Assessment year: 2012
  • Net Taxes: 1505
  • Tax Year: 2012
  • Assessor Parcel Number: 0709-124-3706-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2013
Closed on
Jun 10, 2013
Sold by
Hood Richard R and Hood Krista A
Bought by
Pettersen Roger C and Pettersen Linda C
Seller's Agent
Jerry Wheeler
South Central Non-Member
Buyer's Agent
Monika Ramsey
First Weber Inc
List Price
$79,500
Sold Price
$75,000
Premium/Discount to List
-$4,500
-5.66%
Total Days on Market
21
Current Estimated Value
$199,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,847
Avg. Annual Appreciation
8.65%
Original Mortgage
$51,675
Outstanding Balance
$13,485
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$189,561

Purchase Details

Closed on
Apr 14, 2006
Sold by
Lee Wayne C
Bought by
Stensvold Krista A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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
Pettersen Roger C $75,000 None Available
Stensvold Krista A $79,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettersen Roger C $51,675
Previous Owner Stensvold Krista A $10,000
Previous Owner Stensvold Krista A $77,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2013 06/10/13 Sold $75,000 -5.7% $88 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $79,500 -- $93 / 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 $5,834 $169,500 $12,900 $156,600
2023 $2,729 $154,100 $11,700 $142,400
2021 $2,464 $118,600 $9,400 $109,200
2020 $2,482 $114,000 $9,000 $105,000
2019 $2,303 $105,600 $9,000 $96,600
2018 $2,008 $92,600 $9,000 $83,600
2017 $2,081 $92,600 $8,300 $84,300
2016 $1,876 $81,200 $8,300 $72,900
2015 $1,725 $73,000 $8,300 $64,700
2014 $1,691 $73,000 $8,300 $64,700
2013 $1,481 $73,000 $8,300 $64,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jerry Wheeler

    South Central Non-Member

  • Monika Ramsey

    Buyer's Agent in 2013

    Monika Ramsey

    First Weber Inc

    (608) 219-8907

    48 Total Sales

    Monika Ramsey
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1679596

South Central Wisconsin Multiple Listing Service

APN: 0709-124-3706-3

Wisconsin Dane County Madison 53704 Sherman Terrace

25 Sherman Terrace Unit 6, Madison, WI

This home is located at 25 Sherman Terrace Unit 6, Madison, WI 53704 since 28 March 2013 and is currently estimated at $199,847, approximately $234 per square foot. This property was built in 1955. 25 Sherman Terrace Unit 6 is a home located in Dane County with nearby schools including Emerson Elementary School, Sherman Middle School, and East High School.

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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