$210,000
SOLD APR 12, 2024

37 Sherman Terrace Unit 1 Madison, WI 53704

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

Recently Sold

$246 Per Sq Ft

15 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Breakfast Bar
  • Open Floorplan
  • End Unit
  • 3-minute walk to Filene Park

About This Home

As of April 2025

Charming 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.

Last Agent to Sell the Property

Amy McLendon

Real Broker LLC License #94084-94 Listed on: 02/26/2024

Real Broker LLC

Last Buyer's Agent

Matt Kornstedt

Stark Company, REALTORS

Stark Company, REALTORS

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
  • Entry on the 1st floor
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,036

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: Ranch-1 Story, Garden, End Unit
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath
  • Items Excluded: Seller's Personal Property
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Microwave, Window Coverings, 2-Window A/C Unit
  • Fee Includes: Parking, 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: 245.31
  • Above Grade Sold Price Per Sq Ft: 246.48
  • 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: 11x10, On Level: M
  • Kitchen: Dimensions: 11x9, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 12x16, On Level: M
  • Dining Room: Dimensions: 11x8, On Level: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Cable/Satellite Available, Storage Unit Inc, Internet -Fiber Available
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Waterfront: Waterview-No frontage, Lake
  • Exterior: Brick
  • Exterior Features: Private Entry

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Wall AC
  • 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: 175
  • Condo Management: Professional onsite
  • Proposed Units In Assoc: 217
  • Units in Association: 217
  • Units In Building: 217

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: 159200
  • Total Assessment: 170900
  • Assessment year: 2023
  • Net Taxes: 3036
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-124-4901-8

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
Views
23
Current Estimated Value
$232,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,671
Avg. Annual Appreciation
-5.79%
Original Mortgage
$60,000
Outstanding Balance
$60,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$168,910

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
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 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 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 $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

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1971924

South Central Wisconsin Multiple Listing Service

APN: 0709-124-4901-8