$50,400
SOLD MAR 30, 2012

27 Sherman Terrace Unit 1 Madison, WI 53704

Sherman Terrace Neighborhood
2 Beds
1 Bath
852 Sq Ft
$125/mo HOA Fee

Recently Sold

$59 Per Sq Ft

31% Below List Price

113 Days on Market

Highlights

  • Bathtub
  • Resident Manager or Management On Site
  • Property is near a bus stop
  • Forced Air Cooling System
  • Storage Room
  • 4-minute walk to Filene Park

About This Home

As of March 2022

2 Bedroom Garden style Condo in Sherman Terrace. 1st floor unit with a private entry. Recently painted, updated sinks in kitchen and Bath with new plumbing. Close to Lake Mendota, Tenny Park, Bus line, Shopping, Downtown Madison and UW Campus.

Last Agent to Sell the Property

Mike Adler

Restaino & Associates License #28892-94 Listed on: 11/28/2011

Restaino & Associates

Last Buyer's Agent

Jianming Lin

OnePlus Realty Team License #73450-94

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1949

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 852 Sq Ft Home
  • Storage Room

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

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 0709-124-3901-9

Community Details

Overview

  • Association fees include parking, trash removal, snow removal, common area maintenance, reserve fund
  • 6 Units
  • Located in the Sherman Terrace master-planned community

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1949

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: Window/Wall AC,All window coverings
  • Fee Includes: Parking, Trash removal, Snow removal, Common area maintenance, Reserve fund
  • Project Name: Sherman Terrace
  • Year Built: 1949
  • Above Grade Price Per Sq Ft: 75.7
  • Above Grade Sold Price Per Sq Ft: 59.15
  • 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: 9x12, On Level: M
  • Bedroom 2: Dimensions: 9x12, On Level: M
  • Kitchen: Dimensions: 9x8, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Disposal
  • Living Room: Dimensions: 16x12, On Level: M
  • Dining Room: Dimensions: 9x11, On Level: M
  • Basement: None
  • Interior Amenities: Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Private Entry

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 space assigned

Condo/Co-op/Association

  • Common Amenities: Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 125
  • Condo Management: Professional onsite
  • Proposed Units In Assoc: 217
  • Units in Association: 217
  • Units In Building: 6

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: R5
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 8300
  • Improvements: 66000
  • Total Assessment: 74300
  • Assessment year: 2011
  • Net Taxes: 1772
  • Tax Year: 2010
  • Assessor Parcel Number: 0709-124-3901-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 8, 2022
Sold by
Emily Collins
Bought by
Kahl Evelyn Rose
Seller's Agent
Tony Tucci
Realty Executives Cooper Spransy
Buyer's Agent
Shana Rossdale
Realty Executives Cooper Spransy
List Price
$160,000
Sold Price
$166,000
Premium/Discount to List
$6,000
3.75%
Total Days on Market
113
Current Estimated Value
$213,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,313
Avg. Annual Appreciation
8.00%
Original Mortgage
$116,000
Outstanding Balance
$109,344
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$103,969

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 12, 2021
Sold by
Millevolte Laura
Bought by
Collins Emily
Seller's Agent
Stuart Meland
Madcityhomes.Com
Buyer's Agent
Michael Maziarka
Realty Executives Cooper Spransy
List Price
$155,000
Sold Price
$153,000
Premium/Discount to List
-$2,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.38%
Original Mortgage
$148,150
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2020
Sold by
Millevolte Anthony
Bought by
Millevolte Laura

Purchase Details

Listed on
Nov 28, 2011
Closed on
Mar 30, 2012
Sold by
Reinke Ella F
Bought by
Li Chunxia
Seller's Agent
Mike Adler
Restaino & Associates
Buyer's Agent
Jianming Lin
OnePlus Realty Team
List Price
$73,500
Sold Price
$50,400
Premium/Discount to List
-$23,100
-31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $166,000 None Listed On Document
Warranty Deed $153,000 None Available
Interfamily Deed Transfer -- None Available
Condominium Deed $50,400 Dane County Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,000 New Conventional
Previous Owner $148,150 New Conventional
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $166,000 +3.8% $195 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $160,000 +4.6% $188 / Sq Ft
08/12/2021 08/12/21 Sold $153,000 -1.3% $180 / Sq Ft
08/02/2021 08/02/21 For Sale $155,000 0.0% $182 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $155,000 +207.5% $182 / Sq Ft
03/30/2012 03/30/12 Sold $50,400 -31.4% $59 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $73,500 -- $86 / 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 $5,760 $182,600 $12,900 $169,700
2023 $2,618 $166,000 $11,700 $154,300
2021 $2,032 $112,600 $9,400 $103,200
2020 $2,161 $108,300 $9,000 $99,300
2019 $1,965 $100,300 $9,000 $91,300
2018 $1,716 $88,000 $9,000 $79,000
2017 $1,533 $75,000 $8,300 $66,700
2016 $1,568 $75,000 $8,300 $66,700
2015 $1,315 $61,600 $8,300 $53,300
2014 $1,283 $61,600 $8,300 $53,300
2013 $1,536 $61,600 $8,300 $53,300
Source: Public Records

Agents Affiliated with this Home

  • Tony Tucci

    Seller's Agent in 2022

    Tony Tucci

    Realty Executives

    (608) 219-9302

    1 in this area

    307 Total Sales

    Tony Tucci
    Section Image
  • Michael Maziarka

    Seller Co-Listing Agent in 2022

    Michael Maziarka

    Realty Executives

    (608) 218-4730

    2 in this area

    92 Total Sales

    Michael Maziarka
    Section Image
  • Shana Rossdale

    Buyer's Agent in 2022

    Shana Rossdale

    Realty Executives

    (608) 291-7173

    1 in this area

    48 Total Sales

    Shana Rossdale
    Section Image
  • Stuart Meland

    Seller's Agent in 2021

    Stuart Meland

    Madcityhomes.Com

    (608) 438-3150

    2 in this area

    567 Total Sales

    Stuart Meland
    Section Image
  • Mike Adler

    Seller's Agent in 2012

    Mike Adler

    Restaino & Associates

    (608) 235-5115

    199 Total Sales

    Mike Adler
    Section Image
  • Jianming Lin

    Buyer's Agent in 2012

    Jianming Lin

    OnePlus Realty Team

    (608) 334-0869

    45 Total Sales

    Jianming Lin
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1641291

South Central Wisconsin Multiple Listing Service

APN: 0709-124-3901-9

Wisconsin Dane County Madison 53704 Sherman Terrace

27 Sherman Terrace Unit 1, Madison, WI

This home is located at 27 Sherman Terrace Unit 1, Madison, WI 53704 and is currently priced at $50,400, approximately $59 per square foot. This property was built in 1949. 27 Sherman Terrace Unit 1 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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