Redfin is joining Rocket

Discover how we're simplifying your journey home.

$225,000

3 Sherman Ter Unit 3 Madison, WI 53704

2 beds
1 full
852 sqft
$264 / sqft
Condo

Property details

About 3 Sherman Ter Unit 3

Located steps away from Tenney Park and Lake Mendota, this two bedroom, one bathroom condo is perfect for those looking to be active or find solidarity. Close to basketball/tennis/pickleball courts, fishing, and ice skating. Also walkable to Mint Mark and the highly anticipated Madison Public Market! The unit has no shared walls and large, newer windows in every room that let abundant, natural light shine through. Efficient, central A/C - a rarity for this complex! Extensively updated throughout 2015-2019. Garden plots available. Move before the end of summer!

Highlights

Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size852 sqft
Year built1949
ParkingOutside,Outdoor Space
MLS #2002387

Summary

  • Full Bathrooms: 1
  • Appliances: Range, Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer
  • Basement: No
  • Interior: Security System, Intercom, Cable/Satellite Available, High Speed Internet
  • Total Bedroom Count: 2
  • Parking: Outside,Outdoor Space
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $225,000
  • Price/SqFt: $264
  • Annual Tax Amount: $2,629
  • Tax Year: 2023
  • Directions: Sherman Ave to Sherman Terrace, second building on the left side
  • Year Built: 1949
  • Living Area: 852 SqFt
  • Municipality: Madison
  • MLS Number: 2002387
  • MLS Name: WIREX_SCW
  • Office Name: Compass Real Estate Wisconsin
  • Office Phone: (608) 336-3311
  • Office Email: kelsvoboda@compass.com
  • Listing Agent: Kelsey Swanson Graf

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 05, 2021
Home Sold
$137,000

Tax history

YearAssessmentProperty Tax
2023$156,200$2,629

History based on county public records data.

Nearby schools

3

Emerson Elementary School

Public District PK-5

0.8 mi

2421 E Johnson St

7

Marquette Elementary School

Public District 3-5

0.9 mi

1501 Jenifer St

4

Lowell Elementary School

Public District PK-5

1.4 mi

401 Maple Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,643. The majority of Madison, WI residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

45%
<35k
43%
35k-100k
10%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

75%
Single, No Kids
11%
Single, with Kids
8%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
50%
18-34 yrs old
32%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 3 Sherman Ter Unit 3

The listing price of 3 Sherman Ter Unit 3 property is $225,000.

The property 3 Sherman Ter Unit 3 is a condo located in Madison, Wisconsin, 53704.

Active Listing: 3 Sherman Ter Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3 Sherman Ter Unit 3 are: Emerson Elementary School (GreatSchools Rating 3/10), Marquette Elementary School (GreatSchools Rating 7/10), Lowell Elementary School (GreatSchools Rating 4/10), O'Keeffe Middle School (GreatSchools Rating 4/10), Sherman Middle School (GreatSchools Rating 3/10), Annie Greencrow Whitehorse Middle School (GreatSchools Rating 3/10), East High School (GreatSchools Rating 5/10), Capital High School (GreatSchools Rating 1/10), Innovative & Alternative High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $2,629 (source: MLS/based on county public records data).

The last sale was on May 5, 2021 for $137,000 (source: MLS/tax record).

The property at 3 Sherman Ter Unit 3 has 2 bedrooms and 1 bathroom.

The property 3 Sherman Ter Unit 3 is 852 SqFt (source: MLS/tax record).

The year of construction for 3 Sherman Ter Unit 3 is 1949.

This home is located at 3 Sherman Ter Unit 3 in Madison, WI and zip code 53704 in the Sherman Terrace neighborhood. This 852 square foot home was built in 1949. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $225,000.

Over 134 listings were sold over their listed price in June 2025 in Madison, WI. In the same period over 72 listings were sold below the listed price and 49 listings were sold for the listed price. Between May and June 2025, Madison, WI real estate market has seen increase in the number of listings by 8.1%.

From Rocket Homes Real Estate and based on county public records data.

More resources