8 Sherman Terrace Unit 3 Madison, WI 53704
Sherman Terrace Neighborhood
2
Beds
1
Bath
852
Sq Ft
$275/mo
HOA Fee
Highlights
- Forced Air Cooling System
- Electric Fireplace
- 3-minute walk to Filene Park
- Resident Manager or Management On Site
- Garden Home
About This Home
As of May 2025Don’t miss this beautifully updated, sun-filled condo in Madison’s great Tenney Park neighborhood! Just steps from Lake Mendota and the Yahara River, this condo offers both charm and convenience in an unbeatable location. Since 2019, the home has been thoughtfully renovated from top to bottom. Updates include new carpet in the bedrooms, hardwood flooring throughout the main living areas, and the removal of a wall to create a bright, open-concept kitchen and living space. The kitchen shines with granite countertops, newer appliances, a deep sink, and a designated coffee bar nook and added pantry for extra storage. The bathroom has been refreshed, and an in-unit stackable washer and dryer add extra convenience. Enjoy windows at the back of the condo overlooking peaceful greenspace.
Last Agent to Sell the Property
Realty Executives Cooper Spransy Brokerage Email: info@mattwinz.com Listed on: 03/25/2025
Co-Listed By
Realty Executives Cooper Spransy Brokerage Email: info@mattwinz.com License #80996-94
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,389
Year Built
- Built in 1949
HOA Fees
- $275 Monthly HOA Fees
Parking
- Outside Parking
Home Design
- Garden Home
- Brick Exterior Construction
Interior Spaces
- 852 Sq Ft Home
- Electric Fireplace
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Emerson Elementary School
- Sherman Middle School
- East High School
Utilities
- Forced Air Cooling System
Listing and Financial Details
- Assessor Parcel Number 0709-124-2003-4
Community Details
Overview
- Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance
- 6 Units
- Located in the Sherman Terrace master-planned community
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2025
Closed on
May 7, 2025
Sold by
Pantich Paul and Pantich Theresa E
Bought by
Liu Ruijie
Seller's Agent
Matt Winzenried
Realty Executives Cooper Spransy
Buyer's Agent
Marine Yoo
Real Broker LLC
List Price
$229,900
Sold Price
$236,000
Premium/Discount to List
$6,100
2.65%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,650
Avg. Annual Appreciation
-6.86%
Original Mortgage
$46,000
Outstanding Balance
$45,456
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$185,894
Purchase Details
Listed on
Dec 3, 2018
Closed on
Feb 28, 2019
Sold by
Maynard Cinda K
Bought by
Pantich Paul and Pantich Teresa E
Seller's Agent
Melissa Bjerke Markgraf
Stark Company, REALTORS
Buyer's Agent
Matt Winzenried
Realty Executives Cooper Spransy
List Price
$107,000
Sold Price
$98,000
Premium/Discount to List
-$9,000
-8.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%
Original Mortgage
$78,400
Interest Rate
4.4%
Mortgage Type
New Conventional
Similar Homes in Madison, WI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $236,000 | Founders Title | |
| Condominium Deed | $98,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $46,000 | New Conventional | |
| Previous Owner | $77,000 | New Conventional | |
| Previous Owner | $78,400 | New Conventional | |
| Previous Owner | $13,714 | Unknown | |
| Previous Owner | $5,700 | Construction | |
| Previous Owner | $15,000 | Unknown | |
| Previous Owner | $10,758 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | Sold | $236,000 | +2.7% | $277 / Sq Ft |
| 04/01/2025 04/01/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $229,900 | -2.6% | $270 / Sq Ft |
| 03/25/2025 03/25/25 | Off Market | $236,000 | -- | -- |
| 02/28/2019 02/28/19 | Sold | $98,000 | -8.4% | $115 / Sq Ft |
| 01/16/2019 01/16/19 | Pending | -- | -- | -- |
| 12/13/2018 12/13/18 | For Sale | $107,000 | +9.2% | $126 / Sq Ft |
| 12/05/2018 12/05/18 | Off Market | $98,000 | -- | -- |
| 12/03/2018 12/03/18 | For Sale | $107,000 | -- | $126 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $5,112 | $149,100 | $12,900 | $136,200 |
| 2023 | $2,389 | $135,500 | $11,700 | $123,800 |
| 2021 | $1,854 | $104,300 | $9,400 | $94,900 |
| 2020 | $1,981 | $100,300 | $9,000 | $91,300 |
| 2019 | $1,965 | $100,300 | $9,000 | $91,300 |
| 2018 | $2,028 | $88,000 | $9,000 | $79,000 |
| 2017 | $2,047 | $83,100 | $8,300 | $74,800 |
| 2016 | $1,856 | $72,900 | $8,300 | $64,600 |
| 2015 | $1,415 | $65,600 | $8,300 | $57,300 |
| 2014 | $1,380 | $65,600 | $8,300 | $57,300 |
| 2013 | $1,995 | $65,600 | $8,300 | $57,300 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Winzenried
Seller's Agent in 2025
Matt Winzenried
Realty Executives
(608) 358-4396
3 in this area
667 Total Sales
-
Karisa Mihlbauer
Seller Co-Listing Agent in 2025
Karisa Mihlbauer
Realty Executives
(608) 285-2932
1 in this area
64 Total Sales
-
Marine Yoo
Buyer's Agent in 2025
Marine Yoo
Real Broker LLC
(608) 527-0753
7 in this area
1,569 Total Sales
-
Melissa Bjerke Markgraf
Seller's Agent in 2019
Melissa Bjerke Markgraf
Stark Company, REALTORS
(608) 443-4819
2 in this area
22 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1995945
APN: 0709-124-2003-4
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