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1016 Sherman Ave

Madison, WI 53703

5 bd 3 ba 3,950 sqft Built 1916 Lot 14,375 sqft single_family
Most recent sale
$1,225,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2022 Sold $1,225,000 MLS #1940587
Sep 21, 2022 Price changed $1,450,000 MLS #1940587
Aug 9, 2022 Price changed $1,600,000 MLS #1940587
Aug 1, 2022 Listed $1,750,000 MLS #1940587

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $468,500 $756,500 $1,225,000 $22,488
2023 $502,300 $722,700 $1,225,000 $21,974
2022 $431,900 $722,700 $1,154,600 $22,515
2021 $375,600 $628,400 $1,004,000 $21,195
2020 $327,800 $628,400 $956,200 $21,211
2019 $312,200 $598,500 $910,700 $20,386
2018 $312,200 $598,500 $910,700 $20,388
2017 $283,800 $544,100 $827,900 $19,246
2016 $283,800 $544,100 $827,900 $19,768
2015 $276,800 $544,100 $820,900 $19,828
2014 $271,400 $533,400 $804,800 $19,497
2013 $271,400 $533,400 $804,800 $19,978
2012 $271,400 $533,400 $804,800 $19,439
2011 $301,500 $592,700 $894,200 $20,422
2010 $301,500 $592,700 $894,200 $19,723
2009 $301,500 $592,700 $894,200 $18,239
2008 $258,900 $592,700 $851,600 $16,453
2007 $258,900 $592,700 $851,600 $16,629

Property facts

Year built
1916
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,950 sqft
Lot size
14,375 sqft
ZIP code
53703
City
Madison
Street
Sherman Ave
Coordinates
43.08756, -89.37610

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,925
Gross rental yield
5.80%
Implied cap rate
3.77%
Trend-extrapolated value

Frequently asked questions

When did 1016 Sherman Ave last sell?
1016 Sherman Ave most recently sold on Oct 28, 2022 for $1,225,000.
What is the current tax assessment for 1016 Sherman Ave?
The most recent total assessment for 1016 Sherman Ave (year 2025) is $1,225,000 with $22,488 in property tax.
How does 1016 Sherman Ave's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $1,225,000.
When was 1016 Sherman Ave built?
1016 Sherman Ave was built in 1916.
How does 1016 Sherman Ave compare to others on Sherman Ave?
We track 8 other properties on Sherman Ave. Browse the list under "Other properties on Sherman Ave" to compare beds, baths, and sale history.
What are the property facts for 1016 Sherman Ave?
1016 Sherman Ave is a 5 bed, 3 bath, 3,950 sqft, 14,375 sqft lot single_family.
Is 1016 Sherman Ave a flip candidate?
No — 1016 Sherman Ave does not appear in our flips dataset.
Is 1016 Sherman Ave a tax-appeal candidate?
No — 1016 Sherman Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.8%
Implied 1-yr
+3.3%
2026 Q3
$552.8K
2026 Q4
$557.1K
ZIP 53703 — Median Price History + Forecast

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