$77,770
SOLD OCT 30, 2020

6 Sherman Terrace Unit 2 Madison, WI 53704

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

Recently Sold

$91 Per Sq Ft

9% Below List Price

37 Days on Market

Highlights

  • Forced Air Cooling System
  • Resident Manager or Management On Site
  • 4-minute walk to Filene Park

About This Home

As of December 2020

View this Condo style 2 Bedroom 1 Bath unit with approx. 852 sq. ft. of living space. Built in 1949 unit is fire damaged and in need of full rehab throughout. Poss. structural/window repair/replacement needed; fire damage discoloration/poss. mold reported. Perpetual online auction. Price is contractual list price.

Last Agent to Sell the Property

Michelle Powell

INACTIVE W/Local ASSOC License #58560-90 Listed on: 07/28/2020

Last Buyer's Agent

Sarah Tavarez

Keller Williams Realty License #57889-90

Keller Williams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1949

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • 852 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0709-124-1802-1

Community Details

Overview

  • 6 Units
  • Located in the SHERMAN TERR master-planned community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

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
  • Project Name: SHERMAN TERR
  • Year Built: 1949
  • Above Grade Price Per Sq Ft: 91.28
  • Above Grade Sold Price Per Sq Ft: 91.28
  • Special Features: RealEstateOwned
  • 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: 11X11, On Level: M
  • Kitchen: Dimensions: 10X10, On Level: M
  • Living Room: Dimensions: 14X12, On Level: M
  • Basement: None
  • 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

  • Condo Fee Month: 150
  • Condo Management: Professional onsite
  • 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: RES
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 9000
  • Improvements: 99300
  • Total Assessment: 108300
  • Assessment year: 2019
  • Net Taxes: 2453
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-124-1802-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 21, 2020
Sold by
Wenig Tc
Bought by
Dane Capital Investments Llc
Seller's Agent
Sarah Tavarez
Keller Williams Realty
Buyer's Agent
Louisa Enz
Sprinkman Real Estate
List Price
$135,000
Sold Price
$134,500
Premium/Discount to List
-$500
-0.37%
Total Days on Market
37
Current Estimated Value
$211,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,006
Avg. Annual Appreciation
9.99%

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 29, 2020
Sold by
Us Bank Na
Bought by
Wenig Tc
Seller's Agent
Michelle Powell
INACTIVE W/Local ASSOC
Buyer's Agent
Sarah Tavarez
Keller Williams Realty
List Price
$85,800
Sold Price
$77,770
Premium/Discount to List
-$8,030
-9.36%

Purchase Details

Closed on
Nov 26, 2019
Sold by
Dane County Sheriff
Bought by
Us Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Quit Claim Deed -- None Available
Warranty Deed $134,500 None Available
Special Warranty Deed $77,800 Premium Title
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $103,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $134,500 -0.4% $158 / Sq Ft
11/21/2020 11/21/20 For Sale $135,000 +0.4% $158 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/20/2020 11/20/20 Off Market $134,500 -- --
11/19/2020 11/19/20 For Sale $135,000 +73.6% $158 / Sq Ft
10/30/2020 10/30/20 Sold $77,770 -8.8% $91 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/25/2020 08/25/20 Price Changed $85,300 -0.6% $100 / Sq Ft
07/28/2020 07/28/20 For Sale $85,800 -- $101 / 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 $5,803 $183,800 $12,900 $170,900
2023 $2,638 $167,100 $11,700 $155,400
2021 $2,503 $134,500 $9,400 $125,100
2020 $2,576 $113,700 $9,000 $104,700
2019 $2,453 $108,300 $9,000 $99,300
2018 $2,195 $95,000 $9,000 $86,000
2017 $2,334 $95,000 $8,300 $86,700
2016 $2,275 $90,000 $8,300 $81,700
2015 $1,795 $81,000 $8,300 $72,700
2014 $1,753 $81,000 $8,300 $72,700
2013 $2,423 $81,000 $8,300 $72,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sarah Tavarez

    Keller Williams Realty

    (608) 213-5971

    2 in this area

    45 Total Sales

    Sarah Tavarez
    Section Image

  • M

    Seller's Agent in 2020

    Michelle Powell

    INACTIVE W/Local ASSOC

  • Louisa Enz

    Buyer's Agent in 2020

    Louisa Enz

    Sprinkman Real Estate

    (608) 279-8755

    1 in this area

    237 Total Sales

    Louisa Enz
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1889504

South Central Wisconsin Multiple Listing Service

APN: 0709-124-1802-1

Wisconsin Dane County Madison 53704 Sherman Terrace

6 Sherman Terrace Unit 2, Madison, WI

This home is located at 6 Sherman Terrace Unit 2, Madison, WI 53704 and is currently priced at $77,770, approximately $91 per square foot. This property was built in 1949. 6 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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