Located steps away from Tenney Park and Lake Mendota, this two bedroom, one bathroom condo is perfect for those looking to be active or find solidarity. Close to basketball/tennis/pickleball courts, fishing, and ice skating. Also walkable to Mint Mark and the highly anticipated Madison Public Market! The unit has no shared walls and large, newer windows in every room that let abundant, natural light shine through. Efficient, central A/C - a rarity for this complex! Extensively updated throughout 2015-2019. Garden plots available. Move before the end of summer!
Sold for $215,000
$215,000
3 Sherman Ter Unit 3, Madison, WI 53704
2beds
852sqft
Condominium
Built in 1949
-- sqft lot
$220,700 Zestimate®
$252/sqft
$1,432 Estimated rent
Home value
$220,700
$207,000 - $236,000
$1,432/mo
Zestimate® history
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$1,432/mo
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$1,810/mo
Est. payment
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$1,810/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kelsey Swanson Graf,
Compass Real Estate Wisconsin
Bought with:
Home Team4u
Stark Company, REALTORS
Source: SCWMLS,MLS#: 2002387
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Bedroom 2
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Dining room
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Kitchen
- Features: Dishwasher, Microwave, Range/Oven, Refrigerator
- Level: Main
- Area: 63
- Dimensions: 9 x 7
Living room
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Washer, Dryer
- Laundry: Main Level
Features
- At Least 1 tub, Internet -Fiber Available
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 852
- Total interior livable area: 852 sqft
- Finished area above ground: 852
Property
Parking
- Parking features: Outside
Details
- Parcel number: 070912415035
- Zoning: TR-V2
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Brick
Condition
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable/Satellite Available
Community & HOA
Community
- Features: Common Green Space, Playground
- Security: Security system for Unit, Security System
HOA
- Has HOA: Yes
- Amenities included: Parking
- Services included: Common area insurance, Common area maintenance, Reserve fund, Snow Removal, Trash, Water/Sewer
- HOA fee: $325 monthly
Location
- Region: Madison
Financial & listing details
- Price per square foot: $252/sqft
- Tax assessed value: $189,000
- Annual tax amount: $2,958
- Date on market: 7/10/2025
- Listing terms: Arms Length
- Inclusions: Refrigerator, Microwave, Stove/Range, Washer, Dryer, Window Coverings
- Exclusions: Seller's personal property
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2025 | Sold | $215,000-4.4%$252/sqft |
Source: SCWMLS #2002387 Report a problem | ||
| 7/20/2025 | Contingent | $225,000$264/sqft |
Source:  WIREX MLS #2002387 Report a problem | ||
| 7/10/2025 | Listed for sale | $225,000+64.2%$264/sqft |
Source: WIREX MLS #2002387 Report a problem | ||
| 4/30/2021 | Sold | $137,000+87.7%$161/sqft |
Source: SCWMLS #1908108 Report a problem | ||
| 3/30/2016 | Sold | $73,000$86/sqft |
Source: SCWMLS #1765605 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,363 +6.9% | $171,800 +10% |
| 2023 | $3,147 | $156,200 +14% |
| 2022 | -- | $137,000 +21.7% |
| 2021 | -- | $112,600 +4% |
| 2020 | -- | $108,300 +8% |
| 2019 | $1,904 | $100,300 +14% |
| 2018 | $1,904 -2.8% | $88,000 +0.7% |
| 2017 | $1,960 +56.4% | $87,400 +14.1% |
| 2016 | $1,253 -0.1% | $76,600 +39.3% |
| 2014 | $1,255 -22.5% | $55,000 |
| 2013 | $1,620 -7.5% | $55,000 -27.2% |
| 2012 | $1,751 +8.1% | $75,500 +2.6% |
| 2011 | $1,620 +3.7% | $73,600 |
| 2010 | $1,561 +8.3% | $73,600 |
| 2009 | $1,442 +7.4% | $73,600 +3.8% |
| 2008 | $1,342 -21.2% | $70,900 -18.2% |
| 2007 | $1,703 +0.8% | $86,700 +1% |
| 2006 | $1,690 +13.8% | $85,800 +20% |
| 2005 | $1,486 +2.8% | $71,500 +10% |
| 2004 | $1,446 +4% | $65,000 |
| 2003 | $1,391 +21% | $65,000 +32.7% |
| 2002 | $1,150 +5.1% | $49,000 +10.1% |
| 2001 | $1,094 +2% | $44,500 +5% |
| 2000 | $1,073 | $42,400 |
Find assessor info on the county website
Neighborhood: Sherman Terrace Condominum
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Nearby schools
GreatSchools rating
- 6/10Emerson Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Sherman Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10East High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Emerson
- Middle: Sherman
- 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
$220,700
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
$220,700
- Wisconsin
- Dane County
- Madison
- 53704
- Sherman Terrace Condominum
- 3 Sherman Ter Unit 3
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