- Assessed Value: $2,956,000
- Assessed Year: 2025
- Assessed County: Dane
- APN: 0709-132-0110-2
- Assessed Land Value: 937500
- Tax Amount: 54782.96
- Tax Year: 2025
- Market Value: 1852373
- Market Year: 2023
1040 Sherman Ave; Madison, WI Property Details
Off market
1040 Sherman Ave Madison, WI 53703
$2,956,000 Listing Price
6 Beds
4 Baths
5,137 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1917
- Purchase Price: $2,956,000
- Open Loans / Balance: 1 / $445,368
- Est. Equity / %: $2,441,632 / 84.57%
- Gross Yield: 1.101%
- APN: 0709-132-0110-2
- Situs County: Dane
- Length Of Ownership: 2 years, 1 months
Rooms
- Bedrooms: 6
- Bathrooms: 4
- Full Bathrooms: 3
- Total Rooms: 17
- Partial Bathrooms: 2
Structure
- Floor Cover Type: Wood
- Stories: 2.5
- Exterior Wall Type: Brick
- Interior Wall Type: Plaster
- Building Condition: Good
- Building Quality: B
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 5,137/SqFt
- Lot: 16,466/SqFt
- Gross: 6,351/SqFt
- Garage: 264/SqFt
- Living: 5,137/SqFt
- Basement: 1,550/SqFt
- Building: 6,351/SqFt
- Ground: 1,595/SqFt
- Basement Finished: 600/SqFt
- Basement Unfinished: 950/SqFt
- Price Per Square Foot: $575.43
Legal Description
- Description: WILLOW PARK SUBDIVISION, LOT 6 & SW 39 FT OF LOT 7.
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: 43.088398 / -89.37545
- Subdivision: Willow Park Subdivision
- Property Class: Residential
- Zoning: TR-C2
- County Use Code: G1
Amenities
- Plus Four: 1618
- Cooling: Window\Unit
- Fireplaces: 1
- Garage: Attached Garage
- Parking: 1
Ownership Info
1040 Sherman Ave has no associated ownership info
1040 Sherman Ave has no associated ownership info.
Taxes
1040 Sherman Ave has 9 associated Taxes items
1040 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 $2,956,000. The APN we've located for 1040 Sherman Ave is 0709-132-0110-2.
Unlock the full reportTaxes
Tax History
1040 Sherman Ave has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $2,956,000 | Land Value $937,500 | Improvement Value $2,018,500 | Tax Amount $54,782.96 | Change Rate -0.153237% | Assessed CR | Tax Rate +0.018533% |
| Year 2024 | Assessed Value $1,847,200 | Land Value $937,500 | Improvement Value $909,700 | Tax Amount $64,696.92 | Change Rate +0.945617% | Assessed CR | Tax Rate +0.035024% |
| Year 2023 | Assessed Value $1,842,000 | Land Value $1,036,100 | Improvement Value $805,900 | Tax Amount $33,252.65 | Change Rate -0.484062% | Assessed CR | Tax Rate +0.018052% |
| Year 2022 | Assessed Value $1,644,600 | Land Value $1,036,100 | Improvement Value $608,500 | Tax Amount $64,450.86 | Change Rate +1.123192% | Assessed CR | Tax Rate +0.039189% |
| Year 2021 | Assessed Value $1,430,100 | Land Value $986,800 | Improvement Value $443,300 | Tax Amount $30,355.65 | Change Rate +0.000911% | Assessed CR | Tax Rate +0.021226% |
| Year 2020 | Assessed Value $1,362,000 | Land Value $986,800 | Improvement Value $375,200 | Tax Amount $30,328.01 | Change Rate +0.047232% | Assessed CR | Tax Rate +0.022267% |
| Year 2019 | Assessed Value $1,297,100 | Land Value $939,800 | Improvement Value $357,300 | Tax Amount $28,960.16 | Change Rate +0.000537% | Assessed CR | Tax Rate +0.022327% |
| Year 2018 | Assessed Value $1,297,100 | Land Value $939,800 | Improvement Value $357,300 | Tax Amount $28,944.62 | Change Rate +0.060519% | Assessed CR | Tax Rate +0.022315% |
| Year 2017 | Assessed Value $1,179,200 | Land Value $854,400 | Improvement Value $324,800 | Tax Amount $27,292.89 | Change Rate | Assessed CR | Tax Rate +0.023145% |
| Year 2016 | Assessed Value $1,179,200 | Land Value $854,400 | Improvement Value $324,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $1,156,100 | Land Value $837,600 | Improvement Value $318,500 | Tax Amount $28,348.43 | Change Rate +0.019765% | Assessed CR | Tax Rate +0.024521% |
| Year 2014 | Assessed Value $1,156,100 | Land Value $837,600 | Improvement Value $318,500 | Tax Amount $27,798.99 | Change Rate | Assessed CR | Tax Rate +0.024045% |
| Year 2013 | Assessed Value $1,156,100 | Land Value $837,600 | Improvement Value $318,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $29,414.93 | Change Rate | Assessed CR | Tax Rate |