NOT LISTED FOR SALE

6 Sherman Terrace Unit 4 Madison, WI 53704

Sherman Terrace Neighborhood

Estimated Value: $193,000 - $225,978

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

Est. 2% increase in value since last sale

Current estimated payment $1,856/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

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • 852 Sq Ft Home
  • Garden Home
  • 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%
Total Days on Market
13
Views
85
Current Estimated Value
$213,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,245
Avg. Annual Appreciation
1.50%
Original Mortgage
$168,000
Interest Rate
7.1%
Mortgage Type
New Conventional

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

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Range of Values:

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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 $189,000
Closed Daugherty Jonathan $168,000
Closed Daugherty Jonathan $21,000
Previous Owner Clark Michelle A $96,400
Previous Owner Bose Somshankar $7,323
Previous Owner Bose Somshankar $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    1,786 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

    1,126 Total Sales

    Dan Chin Homes Team
    Section Image
  • Liz Lauer

    Seller's Agent in 2020

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    2 in this area

    576 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

    124 Total Sales

    Ben Anton
    Section Image
  • Chris Venden

    Buyer's Agent in 2020

    Chris Venden

    Realty Executives

    (608) 279-7852

    2 in this area

    187 Total Sales

    Chris Venden
    Section Image
See All Agents

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 $213,245, approximately $250 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.

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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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