Enjoy this charming two-bedroom, one-bath condominium in Madison's sought-after Sherman Terrace neighborhood. Numerous newer windows fill the home with natural light and offer seasonal views of Lake Mendota during the winter and early spring months. The bathroom was beautifully remodeled in 2023 and features stylish ceramic tile and a smart speaker/fan that connects to your smartphone, allowing you to enjoy your favorite music while relaxing in the tub. The condo also offers an expansive living room, a dedicated dining area, and the convenience of an in-unit washer and dryer. Ideally located near downtown Madison and the Near East Side, you'll be just minutes from the Madison Public Market, local restaurants, shops, the lakefront, and countless neighborhood amenities.
For sale
Price cut: $10K (7/14)
$225,000
37 Sherman Ter Unit 3, Madison, WI 53704
2beds
852sqft
Condominium
Built in 1949
-- sqft lot
$220,400 Zestimate®
$264/sqft
$325/mo HOA
What's special
- --
- on Zillow |
- 754
- views |
- 24
- saves |
Zillow last checked:
Listing updated:
Listed by:
Carlos Alvarado,
Compass Real Estate Wisconsin
Source: SCWMLS,MLS#: 2026594
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
- Area: 120
- Dimensions: 10 x 12
Bedroom 2
- Level: Main
- Area: 72
- Dimensions: 8 x 9
Kitchen
- Features: Range/Oven, Refrigerator, Dishwasher, Microwave
- Level: Main
- Area: 72
- Dimensions: 8 x 9
Living room
- Level: Main
- Area: 192
- Dimensions: 12 x 16
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Washer, Dryer
- Laundry: Main Level
Features
- Other smart features
- Flooring: Wood or sim. wood floors
- 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
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Front
Lot
- Residential vegetation: Wooded
Details
- Parcel number: 070912449034
- 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: Internet - Cable
Community & HOA
Community
- Features: Common Green Space, Close to busline
HOA
- Has HOA: Yes
- Amenities included: Parking
- Services included: Water/Sewer, Trash, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
- HOA fee: $325 monthly
Location
- Region: Madison
Financial & listing details
- Price per square foot: $264/sqft
- Tax assessed value: $204,000
- Annual tax amount: $3,243
- Date on market: 6/24/2026
- Inclusions: Refrigerator, range/oven, microwave, all window coverings, washer and dryer, up to 2 parking spaces. (1 parking permit per licensed driver, up to a max of 2)
- Exclusions: Seller and tenant personal property
Estimated market value
$220,400
$209,000 - $231,000
$1,432/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $225,000-4.3%$264/sqft |
Source: SCWMLS #2026594 Report a problem | ||
| 6/24/2026 | Listed for sale | $235,000+106.5%$276/sqft |
Source: SCWMLS #2026594 Report a problem | ||
| 7/31/2025 | Listing removed | $1,775$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2025 | Price change | $1,775+7.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/30/2025 | Price change | $1,650-7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/19/2025 | Price change | $1,775+7.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/16/2025 | Price change | $1,650-12%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/6/2025 | Price change | $1,875-3.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2025 | Listed for rent | $1,950+4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/14/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/3/2024 | Price change | $1,875+13.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/27/2024 | Price change | $1,650+3.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2024 | Listed for rent | $1,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/16/2020 | Sold | $113,800-1.9%$134/sqft |
Source: Public Record Report a problem | ||
| 9/28/2020 | Pending sale | $116,000$136/sqft |
Source: Homestead Realty #1890436 Report a problem | ||
| 8/18/2020 | Price change | $116,000-3.3%$136/sqft |
Source: Homestead Realty #1890436 Report a problem | ||
| 8/8/2020 | Listed for sale | $119,900+19.9%$141/sqft |
Source: Homestead Realty #1890436 Report a problem | ||
| 8/30/2016 | Sold | $100,000+1%$117/sqft |
Source: SCWMLS #1782663 Report a problem | ||
| 7/27/2016 | Listed for sale | $99,000+23.8%$116/sqft |
Source: The McGrady Group, LLC #1782663 Report a problem | ||
| 6/5/2008 | Sold | $80,000$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,441 +6.9% | $175,800 +10% |
| 2023 | $3,220 | $159,800 +14% |
| 2022 | -- | $140,200 +14% |
| 2021 | -- | $123,000 +4% |
| 2020 | -- | $118,300 +3% |
| 2019 | $2,004 | $114,900 +14% |
| 2018 | $2,004 -6.1% | $100,800 |
| 2017 | $2,134 +50.1% | $100,800 +37.7% |
| 2016 | $1,422 +2.5% | $73,200 +11.1% |
| 2014 | $1,387 -30.8% | $65,900 |
| 2013 | $2,004 +26.1% | $65,900 -10% |
| 2012 | $1,590 -4.1% | $73,200 -8% |
| 2011 | $1,658 -17.4% | $79,600 -15% |
| 2010 | $2,006 +8.3% | $93,600 |
| 2009 | $1,853 +16.6% | $93,600 +12% |
| 2008 | $1,589 -2.1% | $83,600 +1.2% |
| 2007 | $1,623 +0.7% | $82,600 +1% |
| 2006 | $1,612 +13.7% | $81,800 +19.9% |
| 2005 | $1,418 +2.8% | $68,200 +10% |
| 2004 | $1,379 +5.5% | $62,000 |
| 2003 | $1,307 +13.7% | $62,000 +26.5% |
| 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Sherman Terrace Condominum
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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A local agent can set up tours, give advice and negotiate with sellers.
