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$235,000 Just Listed
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Property Description
Enjoy this charming two-bedroom, one-bath condominium in Madison's sought-after Sherman Terrace neighborhood. Numerous newer windows fill the home with natural light and offer seasonal views of Lake Mendota during the winter and early spring months. The bathroom was beautifully remodeled in 2023 and features stylish ceramic tile and a smart speaker/fan that connects to your smartphone, allowing you to enjoy your favorite music while relaxing in the tub. The condo also offers an expansive living room, a dedicated dining area, and the convenience of an in-unit washer and dryer. Ideally located near downtown Madison and the Near East Side, you'll be just minutes from the Madison Public Market, local restaurants, shops, the lakefront, and countless neighborhood amenities.
Full Property Details
Full Property Details for 37 Sherman Terrace #3
General
- Price: $235,000
- HOA FEE: $325
- Taxes: $3,243 (2025)
- Status: Active
- Type: Condo
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2026594
- Updated: 6/24/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Wood or Simulated Wood Floors, Storage Locker Included, High-Speed Internet, Some Smart Home Features
- Appliances: Range/Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom: No Master Bedroom Bath
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 10 x 12, Main
- Bedroom 2: 8 x 9, Main
Other Rooms
- Living Room: 12 x 16, Main
- Kitchen: 8 x 9, Main
Additional Information
- Shared Amenities: Cats Allowed, Common Green Space
Parking
- Parking Features: Outside, Outdoor Space
Location
- Municipality: Madison
- County: Dane
- Condo Project Name: Sherman Terrace
- Driving Directions: North on Sherman Ave to Sherman Terrace. Building 37 is first building on right. Turn right on Sherman Ter.
School Information
- School District: Madison
- Elementary School: Emerson
- Middle School: Sherman
- High School: East
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air, Central Air Conditioning
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Garden
- Exterior Const.: Brick
- Basement Desc.: None/Slab
- Square Feet: 852
- Square Feet Range: 751 to 1000
- Sq. Ft. Source: Assessor/Public Record
- Year Built: 1949
Unit Information
- Units in Building: 6
- Units in Complex: 217
Lot Features
- Zoning: TR-V2
- Lot Description: Wooded
Water Features
- Water Front Desc.: Water View (No Frontage), Lake
Financial Considerations
- Association Fee: $325
- Tax Amount: $3,243
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Seller and tenant personal property
- Inclusions: Refrigerator, range/oven, microwave, all window coverings, washer and dryer, 2 outside parking spaces (unassigned)
Listed by Compass Real Estate Wisconsin
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Schools
Schools serving 37 Sherman Terrace #3
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Madison, WI 2421 East Johnson Street, Madison, WI 53704 | PK-5 | 0.9 mi |
Sherman Middle School 1610 Ruskin Street, Madison, WI 53704 | 6-8 | 1.6 mi |
East High School, Madison, WI 2222 East Washington Avenue, Madison, WI 53704 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 37 Sherman Terrace #3
Date
Details
Price
Change
Source
6/24/2026
Listed
$235,000
106.5%
MLS
10/15/2020
Sold
$113,800
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 37 Sherman Terrace #3
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,243
18%
$193,400
10%
2024
$2,760
14%
$175,800
10%
2022
$2,415
7%
$159,800
14%
2021
$2,256
-5%
$140,200
14%
2021
$2,385
—
$123,000
4%
2020
$2,385
4%
$118,300
3%
2019
$2,294
14%
$114,900
14%
2018
$2,004
-6%
$100,800
—
2017
$2,134
40%
$100,800
38%
2016
$1,525
-14%
$73,200
9%
2015
$1,774
11%
$67,200
2%
2014
$1,597
-12%
$65,900
—
2013
$1,814
—
$65,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 37 Sherman Terrace #3
37 Sherman Terrace #3, Madison, WI 53704 (MLS# 2026594) is a Condo property with 2 bedrooms and 1 full bathroom. 37 Sherman Terrace #3 is currently listed for $235,000 and was received on June 24, 2026. Want to learn more about 37 Sherman Terrace #3? Do you have questions about finding other Condo real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

