One of the best priced condos in downtown Madison! This 2 bedroom home in Sherman Terrace is all about location. Serene views of Tenney Park, Lake Mendota and the Yahara River are just across the street, plus the Madison Public Market will open just a few blocks away later this year. Bike, bus or walk anywhere downtown within minutes for the best restaurants, coffee shops & entertainment. This condo is full of natural light with windows in all directions, views out to greenspace, a spacious living room and plenty of built-in storage. Parking is adjacent to the building, laundry is on-site & free storage lockers are available. This condo is a fantastic price for its next owner to bring their own updates and design inspiration to create the perfect downtown condo!
Sold for $170,000
$170,000
33 Sherman Ter Unit 3, Madison, WI 53704
2beds
852sqft
Condominium
Built in 1949
-- sqft lot
$169,300 Zestimate®
$200/sqft
$1,432 Estimated rent
Home value
$169,300
$161,000 - $179,000
$1,432/mo
Zestimate® history
Owner options
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$1,432/mo
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$1,432/mo
Rent Zestimate®
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$1,499/mo
Est. payment
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$1,499/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ryan Parkos,
Coldwell Banker Real Estate Group
Bought with:
The Beth Goethel Group
RE/MAX Preferred
Cahrone C Goethel
RE/MAX Preferred
Source: SCWMLS,MLS#: 2016178
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: 72
- Dimensions: 9 x 8
Dining room
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Kitchen
- Features: Range/Oven, Refrigerator
- Level: Main
- Area: 63
- Dimensions: 7 x 9
Living room
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Heating
- Forced Air
Appliances
- Laundry: Common Area
Features
- At Least 1 tub
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: End Unit
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: 070912445032
- Zoning: TR-V2
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, Internet - Cable
Community & HOA
Community
- Features: Close to busline, Common Green Space
HOA
- Has HOA: Yes
- Amenities included: Parking
- Services included: Common area insurance, Common area maintenance, Lawn maintenance, Reserve fund, Snow Removal, Trash
- HOA fee: $325 monthly
Location
- Region: Madison
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $177,100
- Annual tax amount: $2,767
- Date on market: 2/26/2026
- Listing terms: FHA,Rental Allowed,Arms Length
- Inclusions: Refrigerator, Range, Blinds
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Sold | $170,000$200/sqft |
Source: Public Record Report a problem | ||
| 3/5/2026 | Contingent | $170,000$200/sqft |
Source:  WIREX MLS #2016178 Report a problem | ||
| 2/26/2026 | Listed for sale | $170,000$200/sqft |
Source: WIREX MLS #2016178 Report a problem | ||
| 11/12/2025 | Listing removed | $1,330$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/30/2025 | Listed for rent | $1,330$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,152 +6.8% | $161,000 +10% |
| 2023 | $2,950 | $146,400 +14% |
| 2022 | -- | $128,400 +14% |
| 2021 | -- | $112,600 +4% |
| 2020 | -- | $108,300 +8% |
| 2019 | $1,904 | $100,300 +14% |
| 2018 | $1,904 +10.3% | $88,000 +13.7% |
| 2017 | $1,727 +20.7% | $77,400 +14% |
| 2016 | $1,430 +2% | $67,900 +11.1% |
| 2014 | $1,403 -13.6% | $61,100 |
| 2013 | $1,624 +3.6% | $61,100 -10% |
| 2012 | $1,567 -3.5% | $67,900 -8% |
| 2011 | $1,624 -12.4% | $73,800 -15% |
| 2010 | $1,855 +8.3% | $86,800 |
| 2009 | $1,713 +3.7% | $86,800 |
| 2008 | $1,652 -3.1% | $86,800 |
| 2007 | $1,705 +0.8% | $86,800 +1% |
| 2006 | $1,692 +13.7% | $85,900 +20% |
| 2005 | $1,488 +2.8% | $71,600 +10% |
| 2004 | $1,448 +5.5% | $65,100 |
| 2003 | $1,372 +13.6% | $65,100 +26.4% |
| 2002 | $1,208 +5% | $51,500 +10% |
| 2001 | $1,150 +1.9% | $46,800 +4.9% |
| 2000 | $1,129 | $44,600 |
Find assessor info on the county website
Neighborhood: Sherman Terrace Condominum
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Emerson Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Sherman Middle SchoolGrades: 6-8Distance: 1.5 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
$169,300
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
$169,300
- Wisconsin
- Dane County
- Madison
- 53704
- Sherman Terrace Condominum
- 33 Sherman Ter Unit 3
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