NOT LISTED FOR SALE

6 Sherman Terrace Unit 4 Madison, WI 53704

Sherman Terrace Neighborhood

Estimated Value: $196,000 - $224,000

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

Last Sold May 31, 2024

Last sale price $210,000 $246 Per Sq Ft

Current estimated payment $1,774/month

13 Days on Market

Highlights

  • Bathtub
  • Property is near a bus stop
  • Garden Home
  • Forced Air Cooling System
  • Greenbelt
  • 4-minute walk to Filene Park

About This Home

As of May 2024

TOP-OF-THE LINE SHERMAN TERRACE UNIT. Almost new range/oven, refrigerator, in-unit laundry, furnace, water heater, remodeled bath. On the busline. Stone throw to Lake Mendota Park.

Last Agent to Sell the Property

Matt Kornstedt

Stark Company, REALTORS Listed on: 04/11/2024

Stark Company, REALTORS

Last Buyer's Agent

Dan Chin Homes Team

Real Broker LLC

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1949

Lot Details

  • 9.21

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

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

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Laundry on main level
  • Property is near a bus stop

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0709-124-1804-7

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,604

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: Garden
  • Items Included: Range/oven, refrigerator, dishwasher, washer, dryer, window coverings
  • 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: 252.35
  • 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: Range/Oven, Refrigerator, Dishwasher
  • Living Room: Dimensions: 12x16, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Cable/Satellite Available, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Brick

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced 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: 175
  • Condo Management: Professional offsite
  • 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: 11700
  • Improvements: 143000
  • Total Assessment: 154700
  • Assessment year: 2023
  • Net Taxes: 2604
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-124-1804-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 31, 2024
Sold by
Clark Robert L
Bought by
Daugherty Jonathan
Seller's Agent
Matt Kornstedt
Stark Company, REALTORS
Buyer's Agent
Dan Chin Homes Team
Real Broker LLC
List Price
$239,000
Sold Price
$210,000
Premium/Discount to List
-$29,000
-12.13%
Views
85
Current Estimated Value
$209,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$388
Avg. Annual Appreciation
-0.14%
Original Mortgage
$168,000
Outstanding Balance
$165,889
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$43,723

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 29, 2020
Sold by
Bose Somshankar
Bought by
Clark Michelle A and Clark Robert L
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Chris Venden
Realty Executives Cooper Spransy
List Price
$113,000
Sold Price
$120,500
Premium/Discount to List
$7,500
6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.65%
Original Mortgage
$96,400
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Linkhart Barbara L
Bought by
Bose Somshankar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
5.91%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Daugherty Jonathan $210,000 None Listed On Document
Clark Michelle A $120,500 Knight Barry Title
Bose Somshankar $101,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daugherty Jonathan $168,000
Previous Owner Clark Michelle A $96,400
Previous Owner Bose Somshankar $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $210,000 -2.3% $246 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $215,000 -10.0% $252 / Sq Ft
04/16/2024 04/16/24 For Sale $239,000 +13.8% $281 / Sq Ft
04/12/2024 04/12/24 Off Market $210,000 -- --
04/11/2024 04/11/24 For Sale $239,000 +98.3% $281 / Sq Ft
08/04/2020 08/04/20 Sold $120,500 +6.6% $141 / Sq Ft View Prior Sale
05/22/2020 05/22/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $113,000 -- $133 / 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 $5,859 $170,200 $12,900 $157,300
2023 $2,740 $154,700 $11,700 $143,000
2021 $2,473 $119,000 $9,400 $109,600
2020 $2,437 $112,000 $9,000 $103,000
2019 $2,568 $103,700 $9,000 $94,700
2018 $2,293 $91,000 $9,000 $82,000
2017 $2,379 $91,000 $8,300 $82,700
2016 $2,181 $79,800 $8,300 $71,500
2015 $1,694 $71,800 $8,300 $63,500
2014 $1,662 $71,800 $8,300 $63,500
2013 $2,168 $71,800 $8,300 $63,500
Source: Public Records

Agents Affiliated with this Home

  • Matt Kornstedt

    Seller's Agent in 2024

    Matt Kornstedt

    Stark Company, REALTORS

    (608) 345-7943

    6 in this area

    1,837 Total Sales

    Matt Kornstedt
    Section Image

  • D

    Buyer's Agent in 2024

    Dan Chin Homes Team

    Real Broker LLC

    (608) 268-0831

    2 in this area

    1,212 Total Sales

    Dan Chin Homes Team
    Section Image
  • Liz Lauer

    Seller's Agent in 2020

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    1 in this area

    498 Total Sales

    Liz Lauer
    Section Image
  • Ben Anton

    Seller Co-Listing Agent in 2020

    Ben Anton

    Lauer Realty Group, Inc.

    (608) 513-9757

    1 in this area

    129 Total Sales

    Ben Anton
    Section Image
  • Chris Venden

    Buyer's Agent in 2020

    Chris Venden

    Realty Executives

    (608) 279-7852

    1 in this area

    173 Total Sales

    Chris Venden
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1974837

South Central Wisconsin Multiple Listing Service

APN: 0709-124-1804-7

Wisconsin Dane County Madison 53704 Sherman Terrace

6 Sherman Terrace Unit 4, Madison, WI

This home is located at 6 Sherman Terrace Unit 4, Madison, WI 53704 since 11 April 2024 and is currently estimated at $209,612, approximately $246 per square foot. This property was built in 1949. 6 Sherman Terrace Unit 4 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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