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$249,900 Just Listed
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Property Description
Stylish condo within walking distance to Lake Mendota. This private two-bedroom unit features bamboo floors and updated windows, providing the space with ample natural light throughout. You'll love the spacious kitchen with updated appliances. The bedrooms offer great closet space and the brand-new, in-unit, ventless washer and dryer is super convenient. Outside the common greenspace offers lots of mature trees, great shade and a place to host a BBQ. All of this located close to Tenney Park, multiple restaurants and coffee shops and the busline. It looks even better in person!
Full Property Details
Full Property Details for 7 Sherman Terrace #5
General
- Price: $249,900
- HOA FEE: $325
- Taxes: $4,386 (2025)
- Status: Active
- Type: Condo
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2027649
- Updated: 7/9/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Wood or Simulated Wood Floors
- Appliances: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom: At least 1 Tub, No Master Bedroom Bath
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 12 x 10, Main
- Bedroom 2: 11 x 8, Main
Other Rooms
- Living Room: 16 x 12, Main
- Kitchen: 9 x 9, Main
Additional Information
- Shared Amenities: Common Green Space
Parking
- Parking Features: 2 Spaces, Assigned, 1 to 5 Spaces, Outside, Outdoor Space
Location
- Municipality: Madison
- County: Dane
- Condo Project Name: Sherman Terrace
- Driving Directions: Sherman Ave to Sherman Terrace
School Information
- School District: Madison
- Elementary School: Emerson
- Middle School: Sherman
- High School: East
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: RES
Financial Considerations
- Association Fee: $325
- Tax Amount: $4,386
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Seller's Personal Property
- Inclusions: Washer/Dryer, Refrigerator, Range/Oven, All Window Coverings.
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Schools
Schools serving 7 Sherman Terrace #5
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Madison, WI 2421 East Johnson Street, Madison, WI 53704 | PK-5 | 0.8 mi |
Sherman Middle School 1610 Ruskin Street, Madison, WI 53704 | 6-8 | 1.5 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 7 Sherman Terrace #5
Date
Details
Price
Change
Source
7/09/2026
Listed
$249,900
4.12%
MLS
4/26/2024
Sold
$240,000
—
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 7 Sherman Terrace #5
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,324
35%
$192,500
10%
2022
$2,460
5%
$175,000
36%
2021
$2,335
-1%
$128,400
14%
2021
$2,354
—
$112,600
4%
2020
$2,354
8%
$108,300
8%
2019
$2,184
15%
$100,300
14%
2018
$1,904
1%
$88,000
5%
2017
$1,876
12%
$83,800
14%
2016
$1,682
14%
$73,500
15%
2015
$1,469
-3%
$63,900
2%
2014
$1,517
-18%
$62,600
—
2013
$1,861
—
$62,600
—
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 7 Sherman Terrace #5
7 Sherman Terrace #5, Madison, WI 53704 (MLS# 2027649) is a Condo property with 2 bedrooms and 1 full bathroom. 7 Sherman Terrace #5 is currently listed for $249,900 and was received on July 09, 2026. Want to learn more about 7 Sherman Terrace #5? 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.

