NOT LISTED FOR SALE

32 Sherman Terrace Unit 3 Madison, WI 53704

Sherman Terrace Neighborhood

Estimated Value: $201,000 - $227,000

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

Last Sold June 29, 2018

Last sale price $125,500 $147 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,773/month

Highlights

  • Wood Flooring
  • Breakfast Bar
  • Greenbelt
  • Forced Air Cooling System
  • Property is near a bus stop
  • 4-minute walk to Filene Park

About This Home

As of June 2018

High-end efficiency through out this updated unit! Sunny & bright describes the feel. Hardwood floors, gas range, in unit washer & dryer just to name a few of the amenities. Windows are updated and there is an ON-DEMAND water heater. Updated bath with comfort level sink. One of the best locations in the complex! Nothing for you to do except, start packing and move in! ***Seller will review all offers on Wednesday, May 30th at 1:00 PM.***

Last Agent to Sell the Property

Melissa Bjerke Markgraf

Stark Company, REALTORS License #55774-90 Listed on: 05/21/2018

Stark Company, REALTORS

Last Buyer's Agent

Ryan Koch

Keller Williams Realty License #68599-94

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1949

Lot Details

  • 9.21

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 852 Sq Ft Home
  • Central Vacuum
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Low Pile Carpeting
  • Property is near a bus stop
  • Forced Air Cooling System

Community Details

  • Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, lawn maintenance
  • 6 Units
  • Located in the Sherman Terrance Condo master-planned community
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 0709-124-4403-4

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,397

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: Low pile or no carpeting
  • Items Excluded: Agent's & Seller's Personal Property
  • Items Included: Stove, Refrigerator, Microwave, DW, Washer & Dryer
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Lawn maintenance
  • Project Name: Sherman Terrance Condo
  • Year Built: 1949
  • Above Grade Price Per Sq Ft: 137.91
  • Above Grade Sold Price Per Sq Ft: 147.3
  • 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: 12x11, On Level: M
  • Bedroom 2: Dimensions: 10x10, On Level: M
  • Kitchen: Dimensions: 10x10, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 16x12, On Level: M
  • Dining Area: Dimensions: 10x09, On Level: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Central vac
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline
  • Condo Fee Month: 150
  • Condo Management: Unit Owners
  • 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: TR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 9000
  • Improvements: 79000
  • Total Assessment: 88000
  • Assessment year: 2018
  • Net Taxes: 1397
  • Tax Year: 2017
  • Assessor Parcel Number: 0709-124-4403-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jun 25, 2018
Sold by
Smith Rose Marie and Smith Rose M
Bought by
Shaw Gillian Curtis
Seller's Agent
Melissa Bjerke Markgraf
Stark Company, REALTORS
Buyer's Agent
Ryan Koch
Keller Williams Realty
List Price
$117,500
Sold Price
$125,500
Premium/Discount to List
$8,000
6.81%
Current Estimated Value
$215,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,393
Avg. Annual Appreciation
7.74%
Original Mortgage
$99,200
Outstanding Balance
$86,162
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$129,731
Source: Public Records

Range of Values:

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Average Value
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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
Shaw Gillian Curtis $125,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Gillian Curtis $99,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $125,500 +6.8% $147 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $117,500 -6.4% $138 / Sq Ft
05/24/2018 05/24/18 Off Market $125,500 -- --
05/21/2018 05/21/18 For Sale $117,500 -- $138 / 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 $5,675 $180,200 $12,900 $167,300
2023 $2,578 $163,800 $11,700 $152,100
2021 $2,473 $133,100 $9,400 $123,700
2020 $2,603 $128,000 $9,000 $119,000
2019 $2,533 $125,500 $9,000 $116,500
2018 $1,716 $88,000 $9,000 $79,000
2017 $1,397 $69,200 $8,300 $60,900
2016 $1,234 $60,700 $8,300 $52,400
2015 $1,143 $54,600 $8,300 $46,300
2014 $1,114 $54,600 $8,300 $46,300
2013 $1,344 $54,600 $8,300 $46,300
Source: Public Records

Agents Affiliated with this Home

  • Melissa Bjerke Markgraf

    Seller's Agent in 2018

    Melissa Bjerke Markgraf

    Stark Company, REALTORS

    (608) 443-4819

    2 in this area

    22 Total Sales

    Melissa Bjerke Markgraf
    Section Image
  • Ryan Koch

    Buyer's Agent in 2018

    Ryan Koch

    Keller Williams Realty

    (608) 219-9766

    106 Total Sales

    Ryan Koch
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1831483

South Central Wisconsin Multiple Listing Service

APN: 0709-124-4403-4

Wisconsin Dane County Madison 53704 Sherman Terrace

32 Sherman Terrace Unit 3, Madison, WI

This home is located at 32 Sherman Terrace Unit 3, Madison, WI 53704 since 21 May 2018 and is currently estimated at $215,893, approximately $253 per square foot. This property was built in 1949. 32 Sherman Terrace Unit 3 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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