$249,900

2 Beds 1 Baths 852 Sqft

7 Sherman Terrace #5, Madison, WI 53704

Property Type: Condo
Time on Market: 26 days
Price per Sqft: $293
Total Taxes: $4,386
Est. Age: 21+ Years
Virtual Tour: View Tour

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!

Property Details

Interior

Appliances:
  • Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
Basement:
  • None / Slab
Baths:
  • Full Baths: 1
  • Bath Descriptions: At least 1 Tub,No Master Bedroom Bath
Heating/Cooling:
  • Forced Air, Central Air
Heat Fuel:
  • Natural Gas
Interior Features:
  • Wood or Sim.Wood Floors
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 12x10
Bedroom 2 11x8
Kitchen 9x9
Living Room 16x12

Exterior

Exterior:
  • Brick
Parking:
  • Details: 2 Space, Assigned, 1-5 spaces, Outside, Outdoor Space
Water:
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Condominium:
  • Name: Sherman Terrace
  • Monthly Fee: 325.0
  • Units in Association: 217
New Construction:
  • N
Postal:
  • Code: 53704
Street:
  • Name: Sherman Terrace
  • Suffix: TERRACE
  • Unit Number: 5
Tax Year:
  • 2025
Zoning:
  • RES

Map

Listing Agent-Provided Directions:
  • Sherman Ave to Sherman Terrace

Monthly Payment Calculator

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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 8/6/2026

This Property
Madison Condo Avg
Dane County Condo Avg
List Price
$249,900
$408,987
$406,710
Median Price
—
$319,950
$349,900
Price / Sq Ft
$293
$280
$261
Days on Market
26 days
50 days
65 days
Total Listings
—
194
414

Listing Information

  • Time on Market: 26 days
  • Place Perfect Last Updated: 2026-07-27 11:28:54
  • MLS Number: 2027649
  • Subsystem Locale: WIREX_SCW
  • Listing Office: Realty Executives Cooper Spransy
  • Listing Agent: Joe Copeland

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