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$3250000   Price Analysis
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1040 Sherman Ave
Madison, WI 53703
6 bed 4 bath 5142 SqFt ($632/SqFt)
0.38 acre lot. Built 1917
Listed 2024-05-13, Taxes $32225
Ⓧ USDA Ineligible
due to price & location

near Madison

Showcasing historic architecture

* Sale Pending *

Luxury amenities + stunning lake views, this idyllic waterfront haven is undeniable perfection. Tucked into a sprawling yard + level lot, this Frank M. Riley Georgian Revival offers entertaining opportunities from expansive to intimate with formal dining room, large screened-in porch + sizeable paver patio.

Dip your toes in Lake Mendota off gradual, sandy frontage + waterfront pier. Featuring an impressive spiral staircase, crown molding + chandeliers throughout, find a built-in humidor in the den, LL bar + entertainment room with walkout + sauna. The primary suite was recently updated with a soaking tub, walk-in shwer, custom shelving, fireplace + sweeping views. Step inside a piece of heaven on earth, you wont be disappointed.


Presented by Shelly Sprinkman at
Sprinkman Real Estate.
Listing Agent Photo

Property MLS #1976297 from SCWMLS

Bedrooms: 6
Primary Bedroom Dimensions: 26 x 22
Bedroom 2 Dimensions: 20 x 15
Bedroom 3 Dimensions: 20 x 15
Bedroom 4 Dimensions: 13 x 13
Bedroom 5 Dimensions: 14 x 11
Primary Bedroom Level: U
Bedroom 2 Level: U
Bedroom 3 Level: U
Bedroom 4 Level: U
Bedroom 5 Level: U

Total Bathrooms: 3 / 1
Full Bathrooms: 3
1/2 Bathrooms: 1
Full Bathrooms On Main Level: 1
Half Bathrooms On Main Level: 1
Full Bathrooms On Upper Level: 2
Primary Bathroom Description: Full, Walk-in Shower, Separate Tub

Wood or sim. wood floor
Washer
Dryer
Water softener inc
Cable available

Pantry
Kitchen Island
Range/Oven
Refrigerator
Dishwasher
Microwave
Disposal
Dining Room Dimensions: 17 x 14
Dining Room Level: M
Kitchen Dimensions: 14 x 12
Kitchen Level: M

Fireplace Features: Wood, Gas, 3+ fireplaces
Heating Fuel: Natural gas
Number of Fireplaces: 3
Forced air
Radiant
Central air

Extra Room-1 Dimensions: 12 x 12
Extra Room-2 Dimensions: 13 x 13
Extra Room-3 Dimensions: 25 x 15
Living Room Dimensions: 26 x 15
Extra Room-1 Level: U
Extra Room-2 Level: M
Extra Room-3 Level: L
Living Room Level: M
Basement Description: Full, Walkout to yard, Finished
Extra Room-1 Description: Bedroom
Extra Room-2 Description: Den/Office
Extra Room-3 Description: Rec Room

Patio

Has actual water frontage
Lake
Dock/Pier
Water ski lake
Boat Slip
Waterfront Feet: 89

Lot Description: Close to busline, Sidewalk, Subject Shoreland Zoning
Lot Size Acres: 0.38
Lot Size Dimensions: 89x185
Lot Size Square Feet: 16553

Driveway: Paved
Garage Spaces: 1
Garage Description: 1 car, Attached

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Lapham/Marquette
High School: East
Middle School: OKeeffe
School District: Madison

Lapham Elementary School is a public elementary school located approximately 0.3 miles away.
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O'keeffe Middle School is a public middle school located approximately 0.9 miles away.
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East High School is a public high school located approximately 1.2 miles away.
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The Keystone School is a private middle and high school located approximately 0.9 miles away.
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K12 International Academy is a private elementary, middle and high school located approximately 0.9 miles away.
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Annual Tax Amount: 32225
Source Listing Status: Offer-No Show
County: Dane
Directions: East Johnson to Brearly to Sherman.
Tax Year: 2022
Source Property Type: Single Family
Exclusions: Sellers' Personal Belongings
Inclusions: Range/Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer
Area: MADISON - C E01
Source Neighborhood: MADISON - C E01
Parcel Number: 0709-132-0110-2
Postal City: Madison
Zoning: TR-C2
Property Subtype: 2 story
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$608500 + $1036100
$1644600
$32225
2021$443300 + $986800
$1430100
$30355
2020$375200 + $986800
$1362000
$30328
2019$357300 + $939800
$1297100
$29171
2018$357300 + $939800
$1297100
$29161
2017$324800 + $854400
$1179200
$27514
2016$324800 + $854400
$1179200
$28264
2015$324800 + $854400
$1179200
$28580
2014$318500 + $837600
$1156100
$28008
2013$318500 + $837600
$1156100
$28797
2012$318500 + $837600
$1156100
$28011
2011$353900 + $930700
$1284600
$29414
2010$353900 + $930700
$1284600
$28722
2008$257400 + $930700
$1188100
$23352
2007$247400 + $930700
$1178100
$23410

Listed 2024-05-13
$3250000
SCWMLS

Total Square Feet Living: 5142
Year Built: 1917
Above Grade Finished Area: 4542
Building Exterior Type: Brick
Improvements: 805900
Property Age: 107
Levels or Stories: 2 story
House Style: Colonial

Level drive
Level lot

Sewer: Municipal sewer
Water Source: Municipal water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.