37 Sherman Terrace Unit 1 Madison, WI 53704
Sherman Terrace Neighborhood
2
Beds
1
Bath
852
Sq Ft
$275/mo
HOA Fee
Highlights
- Lake Front
- End Unit
- Resident Manager or Management On Site
- Wood Flooring
- Breakfast Bar
- 3-minute walk to Filene Park
About This Home
As of April 2025Welcome to 37 Sherman Terrace, a charming first-floor condo filled with abundant natural light. This inviting home features an updated bathroom, newly installed central AC, & upgraded electrical. Custom blinds have been thoughtfully added to all windows, offering both privacy and style. Enjoy this fantastic location! Nestled just minutes from Tenney Park, Lake Mendota, & the Yahara River, outdoor enthusiasts will love the easy access to walking & biking trails, & scenic green spaces. You're also a quick ride from Downtown Madison, the Capitol Square, & the vibrant Atwood & East Washington corridors, where you’ll find top-rated restaurants, coffee shops, & entertainment venues. Perfect for any lifestyle—don’t miss this opportunity! Schedule your showing today!
Last Agent to Sell the Property
@properties-elleven Christie's Brokerage Phone: 608-695-5088 License #97139-94
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,245
Year Built
- Built in 1949
Lot Details
- Lake Front
- End Unit
- Private Entrance
HOA Fees
- $275 Monthly HOA Fees
Home Design
- Garden Home
- Ranch Property
- Brick Exterior Construction
Interior Spaces
- 852 Sq Ft Home
- Storage Room
- Wood Flooring
- Water Views
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Outside Parking
- Assigned Parking
Location
- Property is near a bus stop
Schools
- Emerson Elementary School
- Sherman Middle School
- East High School
Utilities
- Central Air
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0709-124-4901-8
Community Details
Overview
- Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
- 217 Units
- Located in the Sherman Terrace master-planned community
- Greenbelt
Additional Features
- Laundry Facilities
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2025
Closed on
Apr 16, 2025
Sold by
37 Sherman Terrace Llc
Bought by
Skinner Stephen
Seller's Agent
Grace Storms
@properties-elleven Christie's
Buyer's Agent
Alexandra Broz
EXP Realty, LLC
List Price
$235,000
Sold Price
$235,000
Total Days on Market
8
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.72%
Original Mortgage
$60,000
Outstanding Balance
$60,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$167,494
Purchase Details
Listed on
Feb 26, 2024
Closed on
Apr 12, 2024
Sold by
Warrenblvd Llc
Bought by
37 Sherman Terrace Llc
Seller's Agent
Amy McLendon
Real Broker LLC
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$209,000
Sold Price
$210,000
Premium/Discount to List
$1,000
0.48%
Views
59
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Purchase Details
Listed on
May 12, 2022
Closed on
Jun 2, 2022
Sold by
Wilson Daniel J
Bought by
Warrenblvd Llc
Seller's Agent
Leslie Haverland
Restaino & Associates
Buyer's Agent
Amy McLendon
Real Broker LLC
List Price
$159,900
Sold Price
$170,888
Premium/Discount to List
$10,988
6.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Purchase Details
Listed on
Apr 15, 2013
Closed on
May 23, 2013
Sold by
Downing Connie
Bought by
Wilson Daniel J
Seller's Agent
Kathy DePrey
Stark Company, REALTORS
Buyer's Agent
Leslie Haverland
Restaino & Associates
List Price
$56,500
Sold Price
$58,500
Premium/Discount to List
$2,000
3.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$55,550
Interest Rate
3.39%
Mortgage Type
New Conventional
Map
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Similar Homes in Madison, WI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $235,000 | None Listed On Document | |
| Deed | $210,000 | None Listed On Document | |
| Deed | $170,900 | None Listed On Document | |
| Administrators Deed | $58,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | New Conventional | |
| Previous Owner | $13,000 | Credit Line Revolving | |
| Previous Owner | $55,550 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $235,000 | 0.0% | $276 / Sq Ft |
| 03/14/2025 03/14/25 | For Sale | $235,000 | 0.0% | $276 / Sq Ft |
| 03/11/2025 03/11/25 | Off Market | $235,000 | -- | -- |
| 03/10/2025 03/10/25 | For Sale | $235,000 | +11.9% | $276 / Sq Ft |
| 04/12/2024 04/12/24 | Sold | $210,000 | +0.5% | $246 / Sq Ft |
| 03/12/2024 03/12/24 | Pending | -- | -- | -- |
| 03/07/2024 03/07/24 | For Sale | $209,000 | -0.5% | $245 / Sq Ft |
| 02/29/2024 02/29/24 | Off Market | $210,000 | -- | -- |
| 02/26/2024 02/26/24 | For Sale | $209,000 | +22.3% | $245 / Sq Ft |
| 06/02/2022 06/02/22 | Sold | $170,888 | +6.9% | $201 / Sq Ft |
| 05/17/2022 05/17/22 | Pending | -- | -- | -- |
| 05/12/2022 05/12/22 | For Sale | $159,900 | +173.3% | $188 / Sq Ft |
| 05/23/2013 05/23/13 | Sold | $58,500 | +3.5% | $69 / Sq Ft |
| 04/23/2013 04/23/13 | Pending | -- | -- | -- |
| 04/15/2013 04/15/13 | For Sale | $56,500 | -- | $66 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
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 | $6,489 | $188,000 | $12,900 | $175,100 |
| 2023 | $3,036 | $170,900 | $11,700 | $159,200 |
| 2021 | $2,335 | $112,600 | $9,400 | $103,200 |
| 2020 | $2,354 | $108,300 | $9,000 | $99,300 |
| 2019 | $2,184 | $100,300 | $9,000 | $91,300 |
| 2018 | $1,904 | $88,000 | $9,000 | $79,000 |
| 2017 | $1,652 | $74,200 | $8,300 | $65,900 |
| 2016 | $1,481 | $65,100 | $8,300 | $56,800 |
| 2015 | $1,367 | $58,500 | $8,300 | $50,200 |
| 2014 | $1,340 | $58,500 | $8,300 | $50,200 |
| 2013 | $1,336 | $61,000 | $8,300 | $52,700 |
Source: Public Records
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1994975
APN: 0709-124-4901-8
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