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1016 Sherman Ave; Madison, WI Property Details

1016 Sherman Ave, Madison, WI is a Single Family that was built in 1916. This property is currently Financed and is not for sale. Our records show that 1016 Sherman Ave has 5 bedrooms, and 2.5 bathrooms, and a total of 3,950 square feet. The lot size of 1016 Sherman Ave is 14,510 square feet.

Off market
1016 Sherman Ave Madison, WI 53703
$1,225,000 Listing Price
5 Beds
2.5 Baths
3,950 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1916
  • Purchase Price: $1,225,000
  • Est. Equity / %: $1,673,000 / 100%
  • Gross Yield: 1.901%
  • APN: 0709-132-0103-7
  • Situs County: Dane
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 13
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Wood
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true
  • Deck: true

Measurements

  • Total: 3,950/SqFt
  • Lot: 14,510/SqFt
  • Attic: 400/SqFt
  • Gross: 5,543/SqFt
  • Garage: 494/SqFt
  • Living: 3,950/SqFt
  • Basement: 1,593/SqFt
  • Building: 5,543/SqFt
  • Ground: 2,035/SqFt
  • Attic Unfinished: 400/SqFt
  • Garage Unfinished: 494/SqFt
  • Price Per Square Foot: $310.13

Legal Description

  • Description: ORIGINAL PLAT, AKA FARWELLS REPLAT, PRT OF LOTS 2 & 3, BLK 165, DESC AS FOL: COM AT IS ON W LN SHERMAN AVE, TH S 14 DEG 47 MIN W 20.9 FT FRM E COR LOT 3 TO POB, TH N 64 DEG 24 MIN W 85.2 FT, TH SWLY PARA WITH SHERMAN AVE 5 FT, TH N 55 DEG 1 5 MIN W 8
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Madison Metropolitan School District
  • Lat / Lon: 43.08744 / -89.3758
  • Subdivision: Original Plat, Aka Farwells Replat, Prt
  • Property Class: Residential
  • Zoning: TR-C2
  • County Use Code: G1

Amenities

  • Plus Four: 1618
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

1016 Sherman Ave has no associated ownership info
1016 Sherman Ave has no associated ownership info.

Taxes

1016 Sherman Ave has 9 associated Taxes items

1016 Sherman Ave, 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 $1,225,000. The APN we've located for 1016 Sherman Ave is 0709-132-0103-7.

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Taxes
  • Assessed Value:  $1,225,000
  • Assessed Year:  2025
  • Assessed County:  Dane
  • APN:  0709-132-0103-7
  • Assessed Land Value:  756500
  • Tax Amount:  22488.87
  • Tax Year:  2025
  • Market Value:  1231899
  • Market Year:  2023

Tax History

1016 Sherman Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,225,000 Land Value $756,500 Improvement Value $468,500 Tax Amount $22,488.87 Change Rate -0.472925% Assessed CR Tax Rate +0.018358%
Year 2024 Assessed Value $1,225,000 Land Value $756,500 Improvement Value $468,500 Tax Amount $42,667.34 Change Rate +0.941645% Assessed CR Tax Rate +0.03483%
Year 2023 Assessed Value $1,225,000 Land Value $722,700 Improvement Value $502,300 Tax Amount $21,974.84 Change Rate -0.512015% Assessed CR Tax Rate +0.017939%
Year 2022 Assessed Value $1,154,600 Land Value $722,700 Improvement Value $431,900 Tax Amount $45,031.82 Change Rate +1.124607% Assessed CR Tax Rate +0.039002%
Year 2021 Assessed Value $1,004,000 Land Value $628,400 Improvement Value $375,600 Tax Amount $21,195.36 Change Rate -0.000724% Assessed CR Tax Rate +0.021111%
Year 2020 Assessed Value $956,200 Land Value $628,400 Improvement Value $327,800 Tax Amount $21,210.72 Change Rate +0.04773% Assessed CR Tax Rate +0.022182%
Year 2019 Assessed Value $910,700 Land Value $598,500 Improvement Value $312,200 Tax Amount $20,244.46 Change Rate +0.000072% Assessed CR Tax Rate +0.02223%
Year 2018 Assessed Value $910,700 Land Value $598,500 Improvement Value $312,200 Tax Amount $20,243.01 Change Rate +0.059996% Assessed CR Tax Rate +0.022228%
Year 2017 Assessed Value $827,900 Land Value $544,100 Improvement Value $283,800 Tax Amount $19,097.26 Change Rate Assessed CR Tax Rate +0.023067%
Year 2016 Assessed Value $827,900 Land Value $544,100 Improvement Value $283,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $804,800 Land Value $533,400 Improvement Value $271,400 Tax Amount $19,672.35 Change Rate +0.019912% Assessed CR Tax Rate +0.024444%
Year 2014 Assessed Value $804,800 Land Value $533,400 Improvement Value $271,400 Tax Amount $19,288.29 Change Rate Assessed CR Tax Rate +0.023967%
Year 2013 Assessed Value $804,800 Land Value $533,400 Improvement Value $271,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $20,422.03 Change Rate Assessed CR Tax Rate