NOT LISTED FOR SALE

27 Sherman Terrace Unit 2 Madison, WI 53704

Sherman Terrace Neighborhood

Estimated Value: $161,000 - $205,666

2 Beds
1 Bath
852 Sq Ft
$175/mo HOA Fee

Last Sold April 05, 2024

Last sale price $159,900 $188 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,356/month

2 Days on Market

Highlights

  • Open Floorplan
  • Forced Air Cooling System
  • Accessible Bedroom
  • Bathtub
  • Community Playground
  • 4-minute walk to Filene Park

About This Home

As of April 2024

Sold Comp

Last Agent to Sell the Property

Tamara McDougal

Lauer Realty Group, Inc. License #49659-94 Listed on: 02/26/2024

Last Buyer's Agent

Tamara McDougal

Lauer Realty Group, Inc. License #49659-94 Listed on: 02/26/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,588

Year Built

  • Built in 1949

Lot Details

  • 9

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 852 Sq Ft Home
  • Open Floorplan

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Halls are 36 inches wide or more

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 0709-124-3902-7

Community Details

Overview

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

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,588

Year Built

Built in 1949

Lot Details

0

HOA Fees

$175 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, Width of hallways 36in+
  • Items Excluded: Personal Property of Seller
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Stackable Washer/Dryer
  • Fee Includes: Parking, 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: 187.68
  • Above Grade Sold Price Per Sq Ft: 187.68
  • 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: 10x9, On Level: M
  • Kitchen: Dimensions: 9x7, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 16x12, On Level: M
  • Dining Room: Dimensions: 11x9, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Washer, Dryer, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • 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: 1 space assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Playground equipment, Close to busline
  • Condo Fee Month: 175
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 216
  • Units in Association: 216
  • 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: TR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 11700
  • Improvements: 134700
  • Total Assessment: 146400
  • Assessment year: 2023
  • Net Taxes: 2588
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-124-3902-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Apr 5, 2024
Sold by
Walter Street Llc
Bought by
Subola Mark and Subola Anne M
Seller's Agent
Tamara McDougal
Lauer Realty Group, Inc.
Buyer's Agent
Tamara McDougal
Lauer Realty Group, Inc.
List Price
$159,900
Sold Price
$159,900
Total Days on Market
2
Views
4
Current Estimated Value
$179,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,322
Avg. Annual Appreciation
10.15%
Original Mortgage
$109,900
Outstanding Balance
$108,762
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$70,460
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
Subola Mark $159,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subola Mark $109,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $159,900 0.0% $188 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $159,900 -- $188 / 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 $5,533 $161,000 $12,900 $148,100
2023 $2,588 $146,400 $11,700 $134,700
2021 $2,335 $112,600 $9,400 $103,200
2020 $2,639 $108,300 $9,000 $99,300
2019 $2,482 $100,300 $9,000 $91,300
2018 $2,216 $88,000 $9,000 $79,000
2017 $1,963 $73,600 $8,300 $65,300
2016 $1,808 $64,600 $8,300 $56,300
2015 $1,357 $58,100 $8,300 $49,800
2014 $1,330 $58,100 $8,300 $49,800
2013 $1,888 $58,100 $8,300 $49,800
Source: Public Records

Agents Affiliated with this Home

  • Tamara McDougal

    Seller's Agent in 2024

    Tamara McDougal

    Lauer Realty Group, Inc.

    (608) 225-1797

    1 in this area

    171 Total Sales

    Tamara McDougal
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1974782

South Central Wisconsin Multiple Listing Service

APN: 0709-124-3902-7

Wisconsin Dane County Madison 53704 Sherman Terrace

27 Sherman Terrace Unit 2, Madison, WI

This home is located at 27 Sherman Terrace Unit 2, Madison, WI 53704 since 26 February 2024 and is currently estimated at $179,222, approximately $210 per square foot. This property was built in 1949. 27 Sherman Terrace Unit 2 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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