37 Sherman Terrace Unit 1 Madison, WI 53704
Sherman Terrace Neighborhood
2
Beds
1
Bath
852
Sq Ft
$175/mo
HOA Fee
Highlights
- Lake Front
- Wood Flooring
- Breakfast Bar
- Open Floorplan
- End Unit
- 3-minute walk to Filene Park
About This Home
As of April 2025Charming 2 bedroom first floor end unit condo with private entry! Location is everything, and this condo has it! Walk out your back door and Lake Mendota, Tenney Park + the Locks are just steps away. You can even watch the beautiful sunsets out your back door with faint lake views. Also close to bus lines, bike paths, and East side events. This unit has been very well taken care of with some beautiful upgrades. The open floor plan offers an updated kitchen, remodeled bath, bamboo floors, and plenty of windows for an abundance of natural light. There is also a dedicated storage unit and the common use laundry is located nearby.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,036
Year Built
- Built in 1949
Lot Details
- Lake Front
- End Unit
- Private Entrance
HOA Fees
- $175 Monthly HOA Fees
Home Design
- Garden Home
- Ranch Property
- Brick Exterior Construction
Interior Spaces
- 852 Sq Ft Home
- Open Floorplan
- 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
Accessible Home Design
- Accessible Full Bathroom
- Accessible Bedroom
Location
- Property is near a bus stop
Schools
- Emerson Elementary School
- Sherman Middle School
- East High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- 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
15
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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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: 1971924
APN: 0709-124-4901-8
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