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1 Sherman Ter; Madison, WI Property Details

1 Sherman Ter, Madison, WI is a General that was built in 1949. This property is currently Financed and is not for sale. Our records show that 1 Sherman Ter has 2 bathrooms, and a total of 3,672 square feet. The lot size of 1 Sherman Ter is 436 square feet.

Off market  •   Pre Foreclosure ✓
1 Sherman Ter Madison, WI 53704
$770,000 Estimated Value
2 Baths
3,672 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1949
  • Purchase Price: $700,000
  • Open Loans / Balance: 1 / $531,192
  • APN: 0709-124-1301-3
  • Situs County: Dane
  • Length Of Ownership: 4 years

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick
  • Distressed: true
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Flat
  • Roof Cover Type: Built-up
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,672/SqFt
  • Lot: 436/SqFt
  • Gross: 3,672/SqFt
  • Living: 3,672/SqFt
  • Building: 3,672/SqFt
  • Ground: 3,672/SqFt
  • Price Per Square Foot: $190.63

Legal Description

  • Description: SHERMAN TERRACE CONDOMINIUM HOMES, UNIT 1 AND A 2.48 % INTEREST IN THE COMMON AR EAS
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison Metropolitan School District
  • Lat / Lon: 43.096233 / -89.36691
  • Subdivision: Sherman Terrace Condominium Homes
  • Property Class: Commercial
  • Zoning: TR-V2
  • County Use Code: G2

Amenities

  • Plus Four: 4403
  • Cooling: Window\Unit

HOA

  • H O A One: $325
  • H O A Amount: $325
  • H O A One Frequency: Monthly
  • H O A One Name: Sherman Terrace Home Owners Association
  • H O A One Type: Condo  Owner Association

Ownership Info

1 Sherman Ter has no associated ownership info
1 Sherman Ter has no associated ownership info.

Taxes

1 Sherman Ter has 9 associated Taxes items

1 Sherman Ter, Madison, WI pays taxes in Dane County, WI. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $770,000. The APN we've located for 1 Sherman Ter is 0709-124-1301-3.

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Taxes
  • Assessed Value:  $770,000
  • Assessed Year:  2025
  • Assessed County:  Dane
  • APN:  0709-124-1301-3
  • Assessed Land Value:  340000
  • Tax Amount:  15476.3
  • Tax Year:  2025
  • Market Value:  703942
  • Market Year:  2023

Tax History

1 Sherman Ter has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $770,000 Land Value $340,000 Improvement Value $430,000 Tax Amount $15,476.3 Change Rate -0.423329% Assessed CR Tax Rate +0.020099%
Year 2024 Assessed Value $700,000 Land Value $340,000 Improvement Value $360,000 Tax Amount $26,837.3 Change Rate +0.958745% Assessed CR Tax Rate +0.038339%
Year 2023 Assessed Value $700,000 Land Value $340,000 Improvement Value $360,000 Tax Amount $13,701.27 Change Rate -0.116126% Assessed CR Tax Rate +0.019573%
Year 2022 Assessed Value $348,200 Land Value $62,000 Improvement Value $286,200 Tax Amount $15,501.38 Change Rate +1.033208% Assessed CR Tax Rate +0.044519%
Year 2021 Assessed Value $316,200 Land Value $62,000 Improvement Value $254,200 Tax Amount $7,624.1 Change Rate -0.023997% Assessed CR Tax Rate +0.024112%
Year 2020 Assessed Value $351,200 Land Value $62,000 Improvement Value $289,200 Tax Amount $7,811.55 Change Rate +0.025493% Assessed CR Tax Rate +0.022242%
Year 2019 Assessed Value $341,200 Land Value $62,000 Improvement Value $279,200 Tax Amount $7,617.36 Change Rate +0.032019% Assessed CR Tax Rate +0.022325%
Year 2018 Assessed Value $331,200 Land Value $62,000 Improvement Value $269,200 Tax Amount $7,381.03 Change Rate -0.034874% Assessed CR Tax Rate +0.022286%
Year 2017 Assessed Value $331,200 Land Value $62,000 Improvement Value $269,200 Tax Amount $7,647.74 Change Rate Assessed CR Tax Rate +0.023091%
Year 2016 Assessed Value $331,200 Land Value $56,000 Improvement Value $275,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $300,200 Land Value $56,000 Improvement Value $244,200 Tax Amount $7,553.9 Change Rate +0.049869% Assessed CR Tax Rate +0.025163%
Year 2014 Assessed Value $300,200 Land Value $56,000 Improvement Value $244,200 Tax Amount $7,195.09 Change Rate Assessed CR Tax Rate +0.023968%
Year 2013 Assessed Value $300,200 Land Value $56,000 Improvement Value $244,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $6,564.02 Change Rate Assessed CR Tax Rate