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  • $245,000

    7 Sherman Ter Unit 5, Madison, WI 53704

    2beds
    852sqft
    Condominium
    Built in 1949
    -- sqft lot
    $244,900 Zestimate®
    $288/sqft
    $1,448 Estimated rent

    Home value

    $244,900

    $233,000 - $257,000

    $1,448/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Copeland,

    Realty Executives Cooper Spransy

    Bought with:

    Asher Masino, 79846-94

    Lauer Realty Group, Inc.

    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: 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: $288/sqft
    • Tax assessed value: $240,000
    • Annual tax amount: $4,386
    • Date on market: 7/9/2026
    • Listing terms: Arms Length
    • Inclusions: Washer/Dryer, Refrigerator, Range/Oven, All Window Coverings.
    • Exclusions: Seller's Personal Property

    Price history

    DateEventPrice
    9/14/2026Sold$245,000-2%$288/sqft
    Source: Public Record Report a problem
    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

    Neighborhood: Sherman Terrace Condominum

    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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    Estimated market value
    $244,900
    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
    $244,900