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36 Sherman Ter

Madison, WI 53704

2 bd 1 ba 852 sqft Built 1949 condos
Most recent sale
$177,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2025 Listed for rent $1,900 Avail
Jul 8, 2024 Listed for rent $2,000 Avail
Jun 3, 2022 Sold $177,000 MLS #1931095
Apr 6, 2022 Listed $179,900 MLS #1931095
Jun 24, 2019 Sold $130,000 MLS #1858794
Oct 9, 2000 Sold $43,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $201,300 $12,900 $214,200 $3,904
2023 $165,300 $11,700 $177,000 $3,147
2022 $138,000 $10,700 $148,700 $2,861
2021 $125,800 $9,400 $135,200 $2,821
2020 $121,000 $9,000 $130,000 $2,842
2019 $91,300 $9,000 $100,300 $2,184
2018 $79,000 $9,000 $88,000 $1,904
2017 $72,900 $8,300 $81,200 $2,141
2016 $62,900 $8,300 $71,200 $1,966
2015 $57,000 $8,300 $65,300 $1,855
2014 $55,700 $8,300 $64,000 $1,550
2013 $55,700 $8,300 $64,000 $1,896
2012 $62,800 $8,300 $71,100 $2,038
2011 $69,000 $8,300 $77,300 $2,051
2010 $82,600 $8,300 $90,900 $1,946
2009 $82,600 $8,300 $90,900 $1,798
2008 $82,600 $8,300 $90,900 $1,731
2007 $82,600 $8,300 $90,900 $1,786

Property facts

Year built
1949
Property type
condos
Stories
Beds
2
Baths
1
Living area
852 sqft
Lot size
ZIP code
53704
City
Madison
Street
Sherman Ter
Coordinates
43.09610, -89.36764

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,278
Gross rental yield
8.66%
Implied cap rate
5.63%
Trend-extrapolated value

Frequently asked questions

When did 36 Sherman Ter last sell?
36 Sherman Ter most recently sold on Jun 3, 2022 for $177,000.
What is the current tax assessment for 36 Sherman Ter?
The most recent total assessment for 36 Sherman Ter (year 2025) is $214,200 with $3,904 in property tax.
How does 36 Sherman Ter's assessment compare to its last sale price?
The current assessment is 21.0% above the last sale price of $177,000.
When was 36 Sherman Ter built?
36 Sherman Ter was built in 1949.
How does 36 Sherman Ter compare to others on Sherman Ter?
We track 8 other properties on Sherman Ter. Browse the list under "Other properties on Sherman Ter" to compare beds, baths, and sale history.
What are the property facts for 36 Sherman Ter?
36 Sherman Ter is a 2 bed, 1 bath, 852 sqft condos.
Is 36 Sherman Ter a flip candidate?
No — 36 Sherman Ter does not appear in our flips dataset.
Is 36 Sherman Ter a tax-appeal candidate?
Yes — 36 Sherman Ter appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$292.7K
2026 Q4
$282.2K
ZIP 53704 — Median Price History + Forecast

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