2 Sherman Ter, Unit 1

Madison, WI 53704

$215,000
Price
2
Beds
852 Sq. Ft.
$252 / Sq. Ft.
852
Sq. Ft.
$252
per Sq. Ft.
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Description

Welcome to this updated Isthmus condo in the heart of Sherman Terrace—just minutes from downtown Madison, UW campus, and Tenney Park! Thoughtful updates throughout: a refreshed kitchen, appliances (Fridge 2025), mechanicals, windows, and LVP flooring (2022), plus fresh paint and a new screen door (2025). Enjoy private front & back entries, a small green space in back, and 2+ outdoor parking spots. Storage unit and shared laundry are easily accessed just behind the building. This friendly condo community...Welcome to this updated Isthmus condo in the heart of Sherman Terrace—just minutes from downtown Madison, UW campus, and Tenney Park! Thoughtful updates throughout: a refreshed kitchen, appliances (Fridge 2025), mechanicals, windows, and LVP flooring (2022), plus fresh paint and a new screen door (2025). Enjoy private front & back entries, a small green space in back, and 2+ outdoor parking spots. Storage unit and shared laundry are easily accessed just behind the building. This friendly condo community is surrounded by mature trees and green space—ideal for anyone seeking peace and quiet close to the Capitol, Lake Mendota, and city conveniences. Paddle board in the morning, catch a bus downtown in the afternoon—it’s the best of both worlds.

Property Details for 2 Sherman Terrace, Unit 1

Zoning
TR-V2
LISTING UPDATED: 05/20/2026 11:07 AM

Property Details for 2 Sherman Terrace, Unit 1

StatusActive
MLS #2022694
Days on Market16
Pet Policy-
Taxes$2,082 / year
HOA Fees-
Condo/Co-op Fees$325 / month
Property TypeCondo
MLS TypeCondo / Garden
Year Built1949
CountyDane County
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Location

Listing Courtesy of Stark Company, REALTORS
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Building Information for 2 Sherman Terrace, Unit 1

Building/Complex2 Sherman TerFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built1949

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$1,570 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,071

Property Taxes

$174

HOA Dues

$325

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Property Information for 2 Sherman Terrace, Unit 1

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: East Metro Madison
  • Directions: Sherman Avenue to west on Sherman Terrace.
  • Location: MADISON - C E05
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Unit Number: 1
  • Zip: 53704
Parking
  • Parking/Unit: 2+ spaces assigned, Outside only
School Information
  • Elementary: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison
Taxes and HOA Information
  • Condo Fee/Month: 325
  • Condo Mgmt: Professional offsite
  • Net Taxes: $2,082.00
  • Parcel ID: 0709-124-1401-1
  • Tax Year: 2024
Property
Property and Assessments
  • Class: Condo
  • Improvements: 138400
  • Land Assess: $12,900.00
  • Terms/Misc.: Cats OK
  • Total Assess: $151,300.00
  • Total Assess Year: 2025
  • Type: Garden, End Unit
  • Year Built: 1949
Lot Information
  • Finished Above Grd SqFt: 852
  • Finished Part/All Below Grd SqFt: 0
  • Finished SqFt: 852
  • Year Built Source: Assessor
Utilities
  • Common Amenities: Playground equipment, Shared Laundry Facilities
  • Fuel: Natural gas
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
  • Exterior Features: Private Entry
Interior Features
  • Items Included: Stove/Oven, Refrigerator, Microwave
  • Heating/Cooling: Forced air, Central air
  • Interior Features: Wood or sim. wood floors
Room Information
Bathrooms
  • Full Baths Upper: 0
  • 1/2 Baths Upper: 0
  • Full Baths Main: 1
  • Full Baths Total: 1
  • 1/2 Baths Main: 0
  • 1/2 Baths Total: 0
  • Full Baths Lower: 0
  • 1/2 Baths Lower: 0
  • Total Baths: 1.00
Bedrooms
  • Primary BedRoom Lvl: M
  • Bedroom 2 Level: M
  • Bedrooms: 2
  • Above Grade Bedroom Count: 2
  • Primary Bed Dimensions: 10x12
  • Bedroom 2 Dimensions: 9x10
  • Primary Bed Bath: None
Dining Room
  • Dining Room Dimensions: 9x11
  • Dining Room Level: M
Kitchen
  • Kitchen Dimensions: 9x8
  • Kitchen Features: Range/Oven, Refrigerator
  • Kitchen Level: M
Living Room
  • Living/Great Dimensions: 12x16
  • Living/Great Room Level: M
Multi Family
Unit Information
  • Basement/Unit: None
  • Floor Number: 1
  • In Unit Laundry Level: M
  • Proposed Units in Assoc.: 217
  • Units in Assoc.: 217.0
  • Units in Building: 6

Property History for 2 Sherman Terrace, Unit 1

DateEvent & SourcePriceAppreciation
May 7, 2026

Price Change

SCWMLS #2022694

$230,000—
May 7, 2026

Listed (Active)

SCWMLS #2022694

$215,000—
Dec 31, 2025

Off Market

SCWMLS #2007104

—
DateEvent & SourcePrice
05/07/2026

Price Change

SCWMLS #2022694

$230,000
05/07/2026

Listed (Active)

SCWMLS #2022694

$215,000
12/31/2025

Off Market

SCWMLS #2007104

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Sherman Terrace, Unit 1

Taxable ValueLand$12,900Additions$124,600Total$137,500
Tax Record2024$2,082 ($173 / month)
Home Facts
Beds2Baths1Total Finished SqFt852 SqFtAbove Grade Finished SqFt852 SqFtStories1StyleCondominiumYear Built1949Year Renovated1968ZoningTR-V2CountyDANEAPN0709-124-1401-1

Schools near 2 Sherman Terrace, Unit 1

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Emerson Elementary School
Public - PK to 5
Sherman Middle School
Public - 6 to 8
East High School
Public - 9 to 12
Innovative High
Public - 9 to 12
Rating
School
Distance
Emerson Elementary School
PublicPK to 5

Sherman Middle School
Public6 to 8

East High School
Public9 to 12

Innovative High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2 Sherman Terrace, Unit 1, Madison, WI 53704

2 Sherman Terrace, Unit 1 is a condo for sale in Madison, WI 53704. This property was listed for sale on May 7, 2026 by Stark Company, REALTORS, it's currently listed at $215,000. It has been on the market for a total of 16 days and was last sold on August 10, 2022. This listing's school district is Madison Metropolitan School District. Nearby schools include Emerson Elementary School, Sherman Middle School and East High School. 2 Sherman Terrace, Unit 1 is a 2-bed, 1-bath, 852 sqft condo built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stark Company, REALTORS

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 05/20/2026 11:07 AM Listing presented by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. Compass · Tel: 212-913-9058 · New York, NY Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved