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9 Sherman Ter

Madison, WI 53704

2 bd 1 ba 852 sqft Built 1949 condos
Most recent sale
$137,500
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $137,500 MLS #1942599
Sep 1, 2022 Listed $129,900 MLS #1942599
May 1, 2013 Sold $60,000 Public Record
Mar 18, 2013 Listed $57,900 MLS #1678365
Jul 1, 2010 Price changed $89,900 MLS #1588858
Mar 31, 2010 Listed $100,000 MLS #1588858
Aug 12, 2009 Sold $98,000 Public Record
Nov 5, 2001 Sold $49,000 Public Record
Sep 17, 2001 Sold $42,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $153,500 $12,900 $166,400 $3,013
2023 $125,800 $11,700 $137,500 $2,425
2022 $117,700 $10,700 $128,400 $2,459
2021 $103,200 $9,400 $112,600 $2,335
2020 $99,300 $9,000 $108,300 $2,354
2019 $91,300 $9,000 $100,300 $2,184
2018 $79,000 $9,000 $88,000 $1,904
2017 $79,000 $8,300 $87,300 $1,958
2016 $68,300 $8,300 $76,600 $1,756
2015 $62,000 $8,300 $70,300 $1,624
2014 $60,600 $8,300 $68,900 $1,669
2013 $60,600 $8,300 $68,900 $1,638
2012 $68,300 $8,300 $76,600 $1,778
2011 $75,000 $8,300 $83,300 $1,843
2010 $89,700 $8,300 $98,000 $2,104
2009 $74,300 $8,300 $82,600 $1,627
2008 $74,300 $8,300 $82,600 $1,570
2007 $74,300 $8,300 $82,600 $1,623

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
11.15%
Implied cap rate
7.25%
Trend-extrapolated value

Frequently asked questions

When did 9 Sherman Ter last sell?
9 Sherman Ter most recently sold on Oct 3, 2022 for $137,500.
What is the current tax assessment for 9 Sherman Ter?
The most recent total assessment for 9 Sherman Ter (year 2025) is $166,400 with $3,013 in property tax.
How does 9 Sherman Ter's assessment compare to its last sale price?
The current assessment is 21.0% above the last sale price of $137,500.
When was 9 Sherman Ter built?
9 Sherman Ter was built in 1949.
How does 9 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 9 Sherman Ter?
9 Sherman Ter is a 2 bed, 1 bath, 852 sqft condos.
Is 9 Sherman Ter a flip candidate?
No — 9 Sherman Ter does not appear in our flips dataset.
Is 9 Sherman Ter a tax-appeal candidate?
Yes — 9 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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