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Under contract
  • $249,900

    7 Sherman Ter Unit 5, Madison, WI 53704

    2beds
    852sqft
    : 
    $2,381/mo
    Get pre-qualified
    Condominium
    Built in 1949
    -- sqft lot
    $246,300 Zestimate®
    $293/sqft
    $325/mo HOA

    What's special

    Stylish condo within walking distance to Lake Mendota. This private two-bedroom unit features bamboo floors and updated windows, providing the space with ample natural light throughout. You'll love the spacious kitchen with updated appliances. The bedrooms offer great closet space and the brand-new, in-unit, ventless washer and dryer is super convenient. Outside the common greenspace offers lots of mature trees, great shade and a place to host a BBQ. All of this located close to Tenney Park, multiple restaurants and coffee shops and the busline. It looks even better in person!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Copeland,

    Realty Executives Cooper Spransy

    Source: SCWMLS,MLS#: 2027649

      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: 88
      • Dimensions: 11 x 8
      Kitchen
      • Features: Range/Oven, Refrigerator, Dishwasher
      • Level: Main
      • Area: 81
      • Dimensions: 9 x 9
      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
      • 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: 2+ spaces assigned, Outside
      Details
      • Parcel number: 070912419053
      • Zoning: RES

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Brick
      Condition
      • Year built: 1949

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Common Green Space, Close to busline
      HOA
      • Has HOA: Yes
      • Amenities included: Parking
      • Services included: Trash, Snow Removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
      • HOA fee: $325 monthly
      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $293/sqft
      • Tax assessed value: $240,000
      • Annual tax amount: $4,386
      • Date on market: 7/9/2026
      • Inclusions: Washer/Dryer, Refrigerator, Range/Oven, All Window Coverings.
      • Exclusions: Seller's Personal Property

        Estimated market value

        $246,300

        $234,000 - $259,000

        $1,432/mo

        Price history

        DateEventPrice
        7/27/2026Contingent$249,900$293/sqft
        Source: SCWMLS #2027649 Report a problem
        7/9/2026Listed for sale$249,900+4.1%$293/sqft
        Source: SCWMLS #2027649 Report a problem
        4/30/2024Sold$240,000+11.7%$282/sqft
        Source: Public Record Report a problem
        4/18/2024Pending sale$214,900$252/sqft
        Source: WIREX MLS #1973469 Report a problem
        4/11/2024Listed for sale$214,900+22.8%$252/sqft
        Source: WIREX MLS #1973469 Report a problem
        8/11/2022Sold$175,000-5.4%$205/sqft
        Source: Public Record Report a problem
        7/12/2022Pending sale$184,900$217/sqft
        Source: WIREX MLS #1938441 Report a problem
        7/6/2022Listed for sale$184,900+151.6%$217/sqft
        Source: WIREX MLS #1938441 Report a problem
        10/19/2015Sold$73,500-2%$86/sqft
        Source: Public Record Report a problem
        9/22/2015Pending sale$75,000$88/sqft
        Source: Keller Williams - Madison East #1755126 Report a problem
        8/17/2015Listed for sale$75,000-14.8%$88/sqft
        Source: Keller Williams Realty #1755126 Report a problem
        7/5/2005Sold$88,000$103/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,768 +6.9%$192,500 +10%
        2023$3,526 $175,000 +36.3%
        2022-- $128,400 +14%
        2021-- $112,600 +4%
        2020-- $108,300 +8%
        2019$1,904 $100,300 +14%
        2018$1,904 +1.5%$88,000 +5%
        2017$1,876 +27.7%$83,800 +14%
        2016$1,469 +2.1%$73,500 +17.4%
        2014$1,439 -13.6%$62,600
        2013$1,666 +3.6%$62,600 -10.1%
        2012$1,608 -3.4%$69,600 -7.9%
        2011$1,666 -12.4%$75,600 -15%
        2010$1,902 +8.3%$88,900
        2009$1,756 +3.8%$88,900
        2008$1,692 -3.1%$88,900
        2007$1,747 +0.7%$88,900 +1%
        2006$1,734 +17.5%$88,000 +23.9%
        2005$1,476 +2.8%$71,000 +10.1%
        2004$1,435 +9.8%$64,500
        2003$1,307 +13.7%$64,500 +31.6%
        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

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Sherman Terrace Condominum

        Getting around

        47 / 100
        Car-Dependent
        46 / 100
        Some Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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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