Sherman Court Condos in Fairfield, CT

  • Address: 152 Sherman Street, Fairfield, CT
  • Total Units: 6
  • Year Built: 2005
  • Style: Townhouse
  • Bedrooms: 3
  • HOA Fee: $700/month (approximate)
  • Property Tax: $11,093/year (approximate)
  • Verified Sale Price Range: $690,000 – $825,000
  • Median Sale Price: $757,500
  • Median Price Per Square Foot: ~$405/SF

A Small Complex With a Narrow Window to Buy

Sherman Court is a six-unit townhouse condominium complex at 152 Sherman Street in Fairfield, CT. Verified MLS sales show closed prices between $690,000 and $825,000, with units running approximately 1,866 to 1,872 square feet. At roughly $405 per square foot, these townhouses trade at a meaningful discount to the broader Fairfield CT real estate market, where the town median across all property types sits at $1,100,000. For buyers who want a townhouse layout and manageable square footage without stretching into single-family territory, Sherman Court is worth tracking closely. With only six units in the building, resale opportunities are infrequent.

Sherman Court Condos for Sale

No active listings at Sherman Court are verified at the time of writing. In a six-unit building, that is normal, not a red flag. Turnover is inherently limited when the total inventory is this small. Units here do not sit on the market when they do appear — Fairfield’s overall days-on-market was approximately 24 days in early 2026, and compact, well-priced townhouse complexes tend to move faster than the town average. If you are watching Sherman Court for a specific unit type or price point, the right move is to set up a direct alert rather than waiting for a public listing. Contact The Engel Team’s Fairfield CT condo specialists to get notified before units hit the open market.

Recently Sold at Sherman Court

Two verified MLS sales are on record for Sherman Court. The data is thin by volume but useful for establishing a price range.

Unit Date Price Bed/Bath SqFt HOA/mo Tax/yr
152 10/08/2024 $825,000 2/3 1,866 $713 $12,105
148 01/26/2024 $690,000 2/2 1,872 $688 $10,081

The $135,000 spread between the two sales reflects differences in bath count and likely interior finish, not square footage — both units were nearly identical in size. The October 2024 sale at $825,000 is the more recent data point and the stronger reference for current pricing. Tax figures varied between units by over $2,000 annually, so buyers should request the specific tax assessment for any unit under consideration rather than relying on a complex average. With only two data points, appraisers and buyers’ agents will need to pull comps from comparable townhouse complexes elsewhere in Fairfield to anchor any offer price.

About Sherman Court

Sherman Court was built in 2005 and contains six townhouse-style condominium units on Sherman Street in Fairfield. The building is a relatively modern construction by Fairfield condo standards, which matters for buyers concerned about deferred maintenance and building system age. A 2005 build date places the major mechanical systems — roofing, HVAC, plumbing infrastructure — in a lifecycle range where capital expenditures are possible but not imminent, depending on maintenance history. The complex is small enough that individual owners can have meaningful influence on association decisions, but that same scale means reserve funds are supported by a limited number of contributors. The street address at 152 Sherman places the complex within reach of Fairfield’s downtown corridor and its train station.

Homes and Layouts at Sherman Court

Sherman Court units are townhouse-style condominiums, meaning vertical multi-floor layouts rather than single-floor flats. Verified unit sizes cluster tightly between 1,866 and 1,872 square feet, which is consistent enough to suggest the building was developed with a standardized floor plan rather than a mix of unit types. Both recorded sales show two-bedroom configurations, with bath counts of either two or three. The three-bath unit commanded the higher price. Buyers should confirm whether all units share this footprint or whether any end units or upper-floor configurations differ. Townhouse layouts in buildings of this size typically include private entry, attached or deeded parking, and some form of private outdoor space, though the specific details at Sherman Court should be verified with the listing documentation or association disclosure package.

What Buyers Need to Know

The HOA fee at Sherman Court runs approximately $700 per month, with recorded fees in MLS data ranging from $688 to $713 depending on the unit and sale date. For a six-unit association, $700 per month is a meaningful number. Buyers should request the association’s reserve study and current reserve balance before making an offer. Small associations with modest reserves carry higher per-unit exposure if a capital improvement becomes necessary — a roof replacement or structural repair on a six-unit building lands differently than on a 60-unit complex where the cost is distributed across more owners.

Ask for the last two years of meeting minutes and any outstanding special assessments. A 2005 building has had twenty years to accumulate deferred decisions, and those decisions often surface in minutes before they appear in assessments. Confirm whether the HOA fee covers exterior building insurance, or whether owners carry individual HO-6 policies to cover structure and interior separately. In Connecticut, condominium insurance structure varies by association, and the distinction affects both your annual cost and your lender’s requirements.

Annual property taxes at Sherman Court have ranged from approximately $10,081 to $12,105 per unit based on recorded sales. That range is worth clarifying with Fairfield’s assessor directly, since mill rate adjustments and individual unit assessments can shift figures meaningfully between sales cycles. Buyers financing the purchase should confirm the current assessed value with their lender’s appraiser, not assume the last sale price translates directly to the tax basis.

Rental policy, owner-occupancy ratio, and pet rules are not verified in available data and must be confirmed through the association’s governing documents. Lenders financing condominium purchases typically require a minimum owner-occupancy threshold, often 51 percent, and will request documentation from the association. In a six-unit building, a single investor-owned unit can affect that ratio materially. Confirm the current owner-occupancy status before committing to a financing structure that depends on it.

Buying or Selling at Sherman Court

Pricing a unit at Sherman Court accurately requires more than the two MLS sales on record. With a 135,000-dollar spread between the only two data points and no active comparable inventory within the building, buyers and sellers both benefit from a broker who knows how to build a comp set from similar Fairfield townhouse complexes rather than relying on a thin in-building average. For buyers, the right offer depends on understanding how this building’s finish level, association health, and unit configuration compare to what else is available in the Fairfield homes for sale market at a similar price point.

For sellers, the October 2024 sale at $825,000 is the ceiling reference, but it is not automatically the floor for the next sale. Unit condition, bath count, and parking configuration all affect where a unit prices within this building’s range. The Engel Team works with sellers at complexes like Sherman Court to position units correctly from day one, rather than chasing the market down after an overpriced launch.

Whether you are monitoring Sherman Court for availability or preparing to list, reach out to The Engel Team directly. Off-market awareness at small complexes like this one is built through relationships, not MLS alerts, and being positioned early is the practical edge in a market where Fairfield’s months of supply was running at approximately 1.2 months in early 2026.

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© 2025 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. Fair Housing Logo