$235,000

2 Beds 1 Baths 852 Sqft

37 Sherman Terrace #3, Madison, WI 53704

Property Type: Condo
Time on Market: 6 days
Price per Sqft: $276
Total Taxes: $3,243
Est. Age: 21+ Years

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.

Property Details

Interior

Appliances:
  • Range/Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer
Basement:
  • None / Slab
Baths:
  • Full Baths: 1
  • Bath Descriptions: No Master Bedroom Bath
Heating/Cooling:
  • Forced Air, Central Air
Heat Fuel:
  • Natural Gas
Interior Features:
  • Wood or Sim.Wood Floors, Storage Locker Included, High Speed Internet, Some Smart Home Features
Sqft:
  • Total Sqft: 852
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 751-1000

Rooms

Room Basement Level Lower Level Main Level Upper Level
Master Bedroom 10x12
Bedroom 2 8x9
Kitchen 8x9
Living Room 12x16

Exterior

Exterior:
  • Brick
Lot:
  • Description: Wooded
Parking:
  • Details: Outside, Outdoor Space
Water:
  • Features: Waterview-No frontage, Lake
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Condominium:
  • Name: Sherman Terrace
  • Monthly Fee: 325.0
  • Units in Association: 217
New Construction:
  • N
Pets Permitted:
  • Y
Postal:
  • Code: 53704
Street:
  • Name: Sherman Terrace
  • Suffix: TERRACE
  • Unit Number: 3
Tax Year:
  • 2025
Zoning:
  • TR-V2

Map

Listing Agent-Provided Directions:
  • North on Sherman Ave to Sherman Terrace. Building 37 is first building on right. Turn right on Sherman Ter.

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Schools and Neighborhood

Elementary School:
  • Emerson
Middle School:
  • Sherman
High School:
  • East
School District:
  • Madison
Postal City:
  • Madison
Municipality:
  • Name: MADISON
  • Type: City
County:
  • DANE

Market Comparison

How this property compares to local market averages — calculated 7/1/2026

This Property
Madison Condo Avg
Dane County Condo Avg
List Price
$235,000
$432,338
$422,656
Median Price
—
$330,000
$360,000
Price / Sq Ft
$276
$297
$271
Days on Market
6 days
49 days
66 days
Total Listings
—
187
383

Listing Information

  • Time on Market: 6 days
  • Place Perfect Last Updated: 2026-06-30 16:05:03
  • MLS Number: 2026594
  • Subsystem Locale: WIREX_SCW
  • Listing Office: Compass Real Estate Wisconsin
  • Listing Agent: Carlos Alvarado

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