Matt Winzenried Real Estate Team • Realty Executives Cooper Spransy
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Provided by Redfin
Sale history for 518 Shepard Ter
Date
Event
Price
Public Records
Oct 13, 2015
Sold
$518,570
$161/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,664 (+11.7%)
$144,000 + $539,700
$683,700
2024
$11,335 (+3.3%)
$144,000 + $501,000
$645,000
2023
$10,970 (−2.5%)
$131,000 + $474,000
$605,000
2022
$11,250 (+6.1%)
$119,000 + $453,000
$572,000
2021
$10,599 (+5.2%)
$108,000 + $389,000
$497,000
2020
$10,076 (+4.7%)
$108,000 + $344,000
$452,000
2019
$9,620 (+11.2%)
$108,000 + $322,000
$430,000
2018
$8,649 (−3.5%)
$107,500 + $280,000
$387,500
2017
$8,961 (+2.1%)
$107,500 + $280,000
$387,500
2016
$8,778 (−8.8%)
$97,500 + $272,000
$369,500
2014
$9,628 (+1.2%)
$97,500 + $299,900
$397,400
2013
$9,511
$97,500 + $287,900
$385,400
Tax history for 518 Shepard Ter
Year
Property tax
Land + Additions
Assessment*
2025
$12,664 (+11.7%)
$144,000 + $539,700
$683,700
2024
$11,335 (+3.3%)
$144,000 + $501,000
$645,000
2023
$10,970 (−2.5%)
$131,000 + $474,000
$605,000
2022
$11,250 (+6.1%)
$119,000 + $453,000
$572,000
2021
$10,599 (+5.2%)
$108,000 + $389,000
$497,000
2020
$10,076 (+4.7%)
$108,000 + $344,000
$452,000
2019
$9,620 (+11.2%)
$108,000 + $322,000
$430,000
2018
$8,649 (−3.5%)
$107,500 + $280,000
$387,500
2017
$8,961 (+2.1%)
$107,500 + $280,000
$387,500
2016
$8,778 (−8.8%)
$97,500 + $272,000
$369,500
2014
$9,628 (+1.2%)
$97,500 + $299,900
$397,400
2013
$9,511
$97,500 + $287,900
$385,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
TR-U1
TOD
Traditional Residential-Urban 1 District
The TR-U Districts are established to stabilize and protect and encourage the essential characteristics of high-density residential areas and to accommodate a full range of life-cycle housing. The districts are also intended to: Ensure that new buildings and additions to existing buildings are designed with sensitivity to their context in terms of building placement, facade width, height and proportions, garage and driveway placement, landscaping, and similar design features; Promote the preservation of historic buildings and districts within or close to concentrations of high-density housing; Maintain and improve the viability of existing housing of all types, while providing for updating of older housing in a context-sensitive manner; Encourage restoration of single-family dwellings previously converted to multi-family units back to single- or two-family dwellings; Maintain or increase compatibility between residential and other allowed uses, and between different housing types, where permitted, by maintaining consistent building orientation and parking placement and screening; Facilitate the preservation, development or redevelopment goals of the comprehensive plan and of adopted neighborhood, corridor or special area plans.
Zone overlays
Transit Oriented Development Overlay District
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Retail-Grocery
Housing-Group
Housing-Single unit
Housing-Multiple units
Fire house
Police station
Communications tower
Park & open space
May 12, 2016 • Final
Repair or replace hvac
Install a new boiler.
HVAC
Nov 30, 2015 • Final
Repair or replace building
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,612
Basement Type: Full
Bathroom Information
# of Full Baths: 4
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Building Construction Quality: Below Average
Exterior Wall: Wood
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Building Type: Apartment
Property Information
Subdivision Name: SHEPARD PARK
Living Sq. Ft: 3,224
Ground Floor Sq. Ft: 1,612
Building Sq. Ft: 4,836
# of Units: 4
# of Stories: 2
Legal Description: SHEPARD PARK, BLK 1, PART OF LOTS 4 & 5, DESC AS FOL BEG ON S LN LOT 4 AT A PT 98 FT .3 IN W FROM SELY COR OF LOT 4, TH NLY PARALLEL TO E LN SD LOT 51 FT, TH NWLY 78 FT TO A PT ON NLY LN OF LOT 5 37 FT .3 IN W FROM NELY COR OF LOT 5, TH W ALG NLY LOT LN 26 FT, TH S PARALLEL TO E LN LOT 5 110 FT TO S LN LOT 5, TH E ALG S LN 77 FT TO POB
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,567
Legal Lot Number: 4
Legal Block Number: 1
Municipality Name: CITY OF MADISON
Acres: 0.2426
County Use Description: COMMERCIAL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,224
Stories: 2.0
Lot Size: 10,567 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1957
Year Renovated: 1957
County: Dane County
APN: 070921206318
Home facts updated by county records on Aug 6, 2026
Around this home
Schools
Midvale Elementary School
Public PreK-2 • Assigned • 1.3mi
Hamilton Middle School
Public 6-8 • Assigned • 1.3mi
8/10
West High School
Public 9-12 • Assigned • 0.6mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 71-79% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Madison, WI • 53705
Average low and high temperatures (°F)
26
11
35
18
52
31
61
41
71
48
81
61
84
66
79
61
78
56
66
46
47
34
32
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.