NOT LISTED FOR SALE

The BreakWater 1313 N Franklin Place Unit 406 Milwaukee, WI 53202

East Town Neighborhood

Estimated Value: $861,000 - $960,000

2 Beds
2 Baths
2,062 Sq Ft
$598/mo HOA Fee

Last Sold September 20, 2019

Last sale price $622,500 $302 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,224/month

53 Days on Market

Highlights

  • Water Views
  • Building Security
  • Whirlpool Bathtub
  • Golda Meir School Rated A-
  • Clubhouse
  • 1-minute walk to Burns Commons

About This Home

As of September 2019

Enjoy luxury living on Milwaukee's Lower East Side in this large two bedroom, northeast facing unit in the Breakwater. Unit features two full baths, huge walk-in closets, open concept kitchen and living room. Granite counters, top of the line stainless appliances, breakfast bar for six, over sized private balcony overlooking park with some lake views. Two underground, heated parking spots with deeded storage. See the virtual tour!

Last Agent to Sell the Property

Kelli Kreuser

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #82121-94 Listed on: 06/28/2019

Last Buyer's Agent

Ted Schaar

RE/MAX Excel License #56985-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,981

Year Built

  • Built in 2009

Lot Details

  • 348

HOA Fees

  • $598 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2,062 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

Utilities

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

Community Details

Overview

  • 101 Units
  • High-Rise Condominium
  • Breakwater Condos

Amenities

  • Elevator

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Security

  • Building Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,981

Year Built

Built in 2009

Lot Details

0

HOA Fees

$598 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Window treatments, deck table and chairs.
  • Directions: Corner of Knapp St. and Franklin Pl.
  • New Construction: No
  • Year Built: 2009
  • AssociationCommonAmenities: Clubhouse, Elevator, Exercise Room, Security
  • CondoFeeMonthly: 598.0
  • CondoUnitType: 1 Story
  • Full Street Address: 1313 N Franklin Pl #406
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Property Water Features: View of Water
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Pantry, Storage Lockers, Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Ceramic Tile, Whirlpool, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 2062.00

Exterior Features

  • Exterior Features: Balcony
  • Exterior Building Type: Highrise: 6+ Stories
  • Exterior: Brick/Stone, Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Heated, Opener Included, Underground, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: Assigned

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Breakwater
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 101

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Year: 2018
  • Total Taxes: 14981.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Sep 16, 2019
Sold by
Bollero Matthew O
Bought by
Budzinski David
Seller's Agent
Kelli Kreuser
Shorewest Realtors, Inc.
Buyer's Agent
Ted Schaar
RE/MAX Excel
List Price
$622,500
Sold Price
$622,500
Current Estimated Value
$908,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,711
Avg. Annual Appreciation
6.66%
Original Mortgage
$466,875
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2017
Closed on
Nov 2, 2017
Sold by
Clpolla John P
Bought by
Boller Matthew O
Seller's Agent
Joseph Sorensen
Shorewest Realtors, Inc.
Buyer's Agent
Kelli Kreuser
Shorewest Realtors, Inc.
List Price
$582,500
Sold Price
$582,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%
Original Mortgage
$219,601
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2014
Sold by
Franklin & Knapp Llc
Bought by
Cipolla John P and John P Cipolla Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Budzinski David $622,500 None Available
Boller Matthew O $582,500 None Available
Cipolla John P $530,000 Knight Barry Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budzinski David $457,000
Closed Budzinski David $466,875
Previous Owner Boller Matthew O $219,601
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $622,500 0.0% $302 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $622,500 +6.9% $302 / Sq Ft
11/10/2017 11/10/17 Sold $582,500 0.0% $282 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $582,500 -- $282 / 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 $19,317 $846,400 $21,900 $824,500
2023 $15,811 $669,100 $21,900 $647,200
2022 $15,860 $669,100 $21,900 $647,200
2021 $17,050 $651,600 $21,900 $629,700
2020 $17,052 $651,600 $21,900 $629,700
2019 $15,093 $581,600 $21,900 $559,700
2018 $14,982 $581,600 $21,900 $559,700
2017 $15,893 $584,800 $21,900 $562,900
2016 $16,136 $564,800 $21,900 $542,900
2015 -- $534,800 $21,900 $512,900
2014 -- $556,000 $21,900 $534,100
2013 -- $528,200 $21,900 $506,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1645947

Metro MLS

APN: 359-2142-000-3