$153,000
SOLD AUG 12, 2021

27 Sherman Terrace Unit 1 Madison, WI 53704

Sherman Terrace Neighborhood
2 Beds
1 Bath
852 Sq Ft
$150/mo HOA Fee

Recently Sold

$180 Per Sq Ft

1% Below List Price

1 Day on Market

Highlights

  • Open Floorplan
  • Bathtub
  • Patio
  • Wood Flooring
  • Forced Air Cooling System
  • 4-minute walk to Filene Park

About This Home

As of March 2022

Immaculate 2 bedroom 1st floor condo completely remodeled in 2017! Improvements including furnace, central A/C, water heater, electrical upgrades, windows, insulated walls and floor, stone countertops, custom kitchen cabinetry, gas range, microwave, large fridge, garbage disposal, marble bathroom tile with custom flagstone patio. Fiber internet available. One of a kind luxury first floor unit located in the very quiet end of Condo complex. Close to Tenney Park, bike paths, walking paths and on major bus routes. Within walking distance to concerts, clubs, music, restaurants, and festivals on the isthmus.

Last Agent to Sell the Property

Stuart Meland

Madcityhomes.Com License #51242-90 Listed on: 07/11/2021

Last Buyer's Agent

Michael Maziarka

Realty Executives Cooper Spransy License #90034-94

Realty Executives Cooper Spransy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1949

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 852 Sq Ft Home
  • Open Floorplan
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Parking

  • Outside Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Forced Air Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • 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 water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 6 Units
  • Located in the Sherman Terrace master-planned community
  • Greenbelt

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,161

Year Built

Built in 1949

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath
  • Items Included: refrigerator, range, dishwasher, microwave
  • Fee Includes: Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Sherman Terrace
  • Year Built: 1949
  • Above Grade Price Per Sq Ft: 181.92
  • Above Grade Sold Price Per Sq Ft: 179.58
  • 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: 12x10, On Level: M
  • Bedroom 2: Dimensions: 11x8, On Level: M
  • Kitchen: Dimensions: 19x9, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 16x12, On Level: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Cable/Satellite Available, At Least 1 tub, Internet - Fiber
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

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

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 2+ spaces assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 150
  • 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: RES
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 9000
  • Improvements: 99300
  • Total Assessment: 108300
  • Assessment year: 2020
  • Net Taxes: 2161
  • Tax Year: 2020
  • 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
1
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

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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 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

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1914310

South Central Wisconsin Multiple Listing Service

APN: 0709-124-3901-9