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CondominiumResidential
$248,735$292 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $189,000 on Nov 29, 2022

5 SHERMAN TER UNIT 2

MADISON, WI 53704
Building report
2
Beds
1
Baths
852 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1949
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$249K
$232K low$266K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$189,000 · Nov 29, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,597 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$207,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$12,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$195,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$207,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$207,900

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.28
23
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
60
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
56
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
3
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.19 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyDane
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1987
ConstructionThe main material the home's frame and walls are built from.Brick
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Composition (rolled Mineral Roof)
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
East High SchoolD-
High · Grades 9–12 · 0.6 mi
E
Emerson Elementary SchoolD+
Elementary · Grades PK–5 · 0.8 mi
M
Sherman Middle SchoolD-
Middle · Grades 6–8 · 1.5 mi

District: Madison Metropolitan School District

Neighborhood · ZIP 53704These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.124
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.21

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.49,468
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,132 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,243
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,732
Average tempThe average temperature here across a full year.46°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5 Sherman Ter Unit 2 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 91% of homes in Dane County
  • Costs more per square foot than 73% of homes in Madison 53704
  • Smaller than 96% of homes in Dane County
  • Older than 80% of homes in Dane County

What homes are worth in Madison 53704

Each bar is how many homes fall in that price range. The marker is this home.

This home
$180K$1.2M

This home is worth more than 16% of homes in Madison 53704.

How it measures up in Madison 53704

The dot is this home. The mark in the middle is the typical home in Madison 53704.

Estimated value$248,735
CheaperTypical $351,202Pricier

Pricier than 16% of homes nearby

Price per ft²$292
CheaperTypical $239Pricier

Pricier than 73% of homes nearby

Living area852 ft²
SmallerTypical 1,500 ft²Bigger

Bigger than 8% of homes nearby

Year built1949
OlderTypical 1960Newer

Newer than 36% of homes nearby

How 5 Sherman Ter Unit 2 ranks against every home in each area.
MeasureThis homeMadison 53704Dane County
Estimated valuepricier than$248,73516% of homes9% of homes
Price per ft²pricier than$29273% of homes70% of homes
Living areabigger than852 ft²8% of homes4% of homes
Year builtnewer than194936% of homes20% of homes

About 5 Sherman Ter Unit 2

How much is 5 Sherman Ter Unit 2, Madison, WI worth?

The TopHap Estimate for 5 Sherman Ter Unit 2, Madison, WI is $248,735 as of Oct 21, 2026. The likely range is $231,933 to $265,537. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5 Sherman Ter Unit 2, Madison, WI last sell?

5 Sherman Ter Unit 2, Madison, WI last sold on Nov 29, 2022 for $189,000, according to the county's recorded deed.

How big is 5 Sherman Ter Unit 2, Madison, WI?

5 Sherman Ter Unit 2, Madison, WI has 2 bedrooms, 1 bathrooms and 852 square feet of living space.

When was 5 Sherman Ter Unit 2, Madison, WI built?

5 Sherman Ter Unit 2, Madison, WI was built in 1949, making it 77 years old. The building has 1 story.

What schools serve 5 Sherman Ter Unit 2, Madison, WI?

5 Sherman Ter Unit 2, Madison, WI is assigned to East High School (high), rated D-; Emerson Elementary School (elementary), rated D+; Sherman Middle School (middle), rated D-. All sit in Madison Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5 Sherman Ter Unit 2, Madison, WI compare to other homes in Madison 53704?

Among the 15,792 homes in Madison 53704, it is worth more than 16% of them ($248,735 against a typical $351,202), its price per square foot is higher than 73% of them ($292 against a typical $239), it is bigger than 8% of them (852 ft² against a typical 1,500 ft²) and it is newer than 36% of them (1949 against a typical 1960). Measured against all of Dane County, it is worth more than 9% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5 Sherman Ter Unit 2, Madison, WI?

The 2024 property tax bill for 5 Sherman Ter Unit 2, Madison, WI was $3,597. The county assessed it at $207,900.

More homes on Sherman Ter Unit 2

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Assigned schools

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