NOT LISTED FOR SALE

1109 N Edison St Unit 1109 Milwaukee, WI 53202

East Town Neighborhood

Estimated Value: $508,000 - $767,000

2 Beds
3 Baths
1,704 Sq Ft
$383/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $550,000 $323 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,879/month

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock Site
  • Boat Slip
  • Golda Meir School Rated A-
  • Community Boat Slip
  • 4-minute walk to Red Arrow Park

About This Home

As of August 2021

Amazing location and views in this spacious 2 bedroom condo with 3 outdoor deck spaces! The stylish unit features an open floor plan on the main level with gas FP, HW floors throughout and freshly painted interior. Upstairs, the primary bedroom suite offers 3 closets, a balcony with views of the river and an attached bath with jetted tub and separate shower. The 2nd bedroom has its own large balcony and is right next to the 2nd half bath upstairs. The lower level has a laundry room and a finished rec room for more space and options. Private dock and boat slip make it easy to enjoy access to the Milwaukee River. Walk to everything! Easy access to the freeway. This amazing property won't last long so schedule your appointment today!

Last Agent to Sell the Property

Emily Cattey Mattson

First Weber Inc- Mequon License #70809-94 Listed on: 06/13/2021

First Weber Inc- Mequon

Last Buyer's Agent

Hakan Hare

Founders 3 Real Estate Services License #80045-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,117

Year Built

  • Built in 1984

Lot Details

  • Waterfront

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Surface Parking
  • Assigned Parking

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 1,704 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Boat Slip
  • Private Dock Site
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Rights
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller's personal property, staging items.

Community Details

Overview

  • 22 Units
  • The River Houses Condos

Recreation

  • Community Boat Slip
  • Pier or Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,117

Year Built

Built in 1984

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Inclusions: Refrigerator, dishwasher, oven/range, microwave, washer, dryer, blinds, reverse osmosis system for kitchen.
  • Directions: I94 East Exit North on Van Buren, left on State Street left on Edison Street to property.
  • New Construction: No
  • Year Built: 1984
  • AssociationCommonAmenities: Common Green Space, Boat Slip / Pier
  • CondoFeeMonthly: 500.0
  • CondoUnitType: 2 Story
  • Full Street Address: 1109 N Edison St
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Property Water Features: Boat Slip/Ramp, River, Pier, Private Dock, View of Water, Waterfrontage on Lot, Deeded Water Access, Water Access/Rights
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Washer, Refrigerator, Range/Oven, Microwave, Dryer, Disposal
  • Has Basement: Crawl Space, Poured Concrete, Partially Finished, Full
  • Interior Amenities: Wood or Sim.Wood Floors, Skylight(s), In-Unit Laundry, High Speed Internet, Cable/Satellite Available
  • Bathroom Description: Tub Only, Whirlpool, Shower Stall, Master Bedroom Bath, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath: Tub/No Shower
  • Room Bedroom2 Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 14
  • Second Floor Total Sq Ft: 1704.00

Exterior Features

  • Exclusions: Seller's personal property, staging items.
  • Exterior Features: Balcony, Patio/Porch, Private Entry
  • Exterior Building Type: Side X Side, 2 Story
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Opener Included, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: Assigned, Surface

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: The River Houses
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 22

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: C9B Central Bus

Tax Info

  • Tax Year: 2020
  • Total Taxes: 11116.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2021
Closed on
Aug 14, 2021
Sold by
Johnson James E
Bought by
Ahmad Properties Llc
Seller's Agent
Emily Cattey Mattson
First Weber Inc- Mequon
Buyer's Agent
Hakan Hare
Founders 3 Real Estate Services
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$652,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,216
Avg. Annual Appreciation
4.14%
Original Mortgage
$512,500
Outstanding Balance
$466,021
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,195

Purchase Details

Listed on
Jun 13, 2021
Closed on
Aug 4, 2021
Sold by
Johnson James E
Bought by
Ahmad Properties Llc
Seller's Agent
Emily Cattey Mattson
First Weber Inc- Mequon
Buyer's Agent
Hakan Hare
Founders 3 Real Estate Services
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,500
Outstanding Balance
$466,021
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,195

Purchase Details

Closed on
Jan 5, 2001
Sold by
Mcmillan Marcia S
Bought by
Johnson James E

Purchase Details

Closed on
Jan 9, 1997
Sold by
Bader Daniel J and Bader Linda Callif
Bought by
Mcmillan Marica S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
7.81%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ahmad Properties Llc $550,000 Lakefront Title Llc
Ahmad Properties Llc $550,000 Lakefront Title
Johnson James E $312,000 --
Mcmillan Marica S $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmad Properties Llc $512,500
Closed Ahmad Properties Llc $412,500
Previous Owner Mcmillan Marica S $140,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $550,000 0.0% $323 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/13/2021 06/13/21 For Sale $550,000 -- $323 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,013 $484,200 $109,300 $374,900
2023 $9,875 $417,900 $62,000 $355,900
2022 $9,878 $417,900 $62,000 $355,900
2021 $11,167 $427,700 $62,000 $365,700
2020 $11,117 $427,700 $62,000 $365,700
2019 $12,207 $418,000 $62,000 $356,000
2018 $10,749 $418,000 $62,000 $356,000
2017 $8,745 $323,000 $62,000 $261,000
2016 $8,050 $283,000 $62,000 $221,000
2015 $7,757 $267,000 $62,000 $205,000
2014 $7,221 $243,600 $62,000 $181,600
2013 -- $243,600 $62,000 $181,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1746346

Metro MLS

APN: 392-2315-000-8