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Sold for $2,956,000
  • $2,956,000

    1040 Sherman Ave, Madison, WI 53703

    6beds
    5,142sqft
    Single Family Residence
    Built in 1917
    0.38 Acres Lot
    $3,380,600 Zestimate®
    $575/sqft
    $4,798 Estimated rent

    Home value

    $3,380,600

    $3.08M - $3.79M

    $4,798/mo

    Zestimate® history
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    $16,143/mo

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    $16,143/mo

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    What's special

    Showcasing historic architecture, luxury amenities + stunning lake views, this idyllic waterfront haven is undeniable perfection. Tucked into a sprawling yard + level lot, this Frank M. Riley Georgian Revival offers entertaining opportunities from expansive to intimate with formal dining room, large screened-in porch + spacious paver patio. Dip your toes in Lake Mendota off gradual, sandy frontage + waterfront pier. Featuring an impressive spiral staircase, crown molding + chandeliers throughout, find a built-in humidor in the den, LL bar + entertainment room with walkout + sauna. The primary suite was recently updated with a soaking tub, walk-in shower, custom shelving, fireplace + sweeping views. Step inside a piece of heaven on earth, you won’t be disappointed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shelly Sprinkman,

    Sprinkman Real Estate

    Bought with:

    Shelly Sprinkman, 57436-90

    Sprinkman Real Estate

    Source: SCWMLS,MLS#: 1976297

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Upper
    • Area: 572
    • Dimensions: 26 x 22
    Bedroom 2
    • Level: Upper
    • Area: 300
    • Dimensions: 20 x 15
    Bedroom 3
    • Level: Upper
    • Area: 300
    • Dimensions: 20 x 15
    Bedroom 4
    • Level: Upper
    • Area: 169
    • Dimensions: 13 x 13
    Bedroom 5
    • Level: Upper
    • Area: 154
    • Dimensions: 14 x 11
    Dining room
    • Level: Main
    • Area: 238
    • Dimensions: 17 x 14
    Kitchen
    • Features: Dishwasher, Disposal, Kitchen Island, Microwave, Pantry, Range/Oven, Refrigerator
    • Level: Main
    • Area: 168
    • Dimensions: 14 x 12
    Living room
    • Level: Main
    • Area: 390
    • Dimensions: 26 x 15
    Heating
    • Forced Air, Radiant
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer, Water Softener Included
    • Laundry: Lower Level
    Features
    • Bedroom, Den/Office, Rec Room
    • Basement: Finished,Full,Walk-Out Access
    • Has fireplace: Yes
    • Fireplace features: 3+ fireplaces, Gas, Wood Burning
    Interior area
    • Total structure area: 5,142
    • Total interior livable area: 5,142 sqft
    • Finished area above ground: 4,542

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 car, Attached
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Screened Porch
    • Waterfront features: Boat Slip, Dock/Pier, Waterfront, Lake Front, Water ski lake
    • Body of water: Mendota
    • Frontage length: Waterfront: 89
    Lot
    • Size: 0.38 Acres
    • Dimensions: 89x185
    • Features: Near Public Transit, Sidewalk, Subject Shoreland Zoning
    Details
    • Parcel number: 070913201102
    • Zoning: TR-C2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick
    Condition
    • Year built: 1917

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Madison

    Other

    Other facts
    • Listing terms: Arms Length

    Price history

    DateEventPrice
    8/8/2024Sold$2,956,000-9%$575/sqft
    Source: Public Record Report a problem
    6/18/2024Pending sale$3,250,000$632/sqft
    Source: WIREX MLS #1976297 Report a problem
    5/24/2024Contingent$3,250,000$632/sqft
    Source: WIREX MLS #1976297 Report a problem
    5/13/2024Listed for sale$3,250,000$632/sqft
    Source: WIREX MLS #1976297 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$36,158 -2.6%$1,847,200 +0.3%
    2023$37,113 $1,842,000 +12%
    2022-- $1,644,600 +15%
    2021-- $1,430,100 +5%
    2020-- $1,362,000 +5%
    2019$29,161 +0.7%$1,297,100
    2018$28,945 +6.1%$1,297,100 +10%
    2017$27,293 -3.7%$1,179,200
    2016$28,348 +2%$1,179,200 +2%
    2014$27,799 -5.5%$1,156,100
    2013$29,415 +5.8%$1,156,100
    2012$27,796 -5.5%$1,156,100 -10%
    2011$29,415 +3.5%$1,284,600
    2010$28,409 +8.1%$1,284,600
    2009$26,270 +14.2%$1,284,600 +8.1%
    2008$23,004 -0.2%$1,188,100 +0.8%
    2007$23,043 -0.2%$1,178,100
    2006$23,095 -5.3%$1,178,100
    2005$24,388 +7.5%$1,178,100 +15%
    2004$22,678 +4.6%$1,024,400
    2003$21,678 +18.6%$1,024,400 +30.8%
    2002$18,280 +9.8%$783,200 +15%
    2001$16,647 -2.9%$681,000
    2000$17,148 $681,000

    Find assessor info on the county website

    Neighborhood: Tenney-Lapham

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lapham/Marquette
    • Middle: OKeeffe
    • High: East
    • District: Madison

    Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,380,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,380,600