$582,500
SOLD NOV 10, 2017

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

East Town Neighborhood
2 Beds
2 Baths
2,062 Sq Ft
$525/mo HOA Fee

Recently Sold

$282 Per Sq Ft

106 Days on Market

Highlights

  • Water Views
  • Access To Lake
  • Exercise Course
  • Golda Meir School Rated A-
  • Building Security
  • 1-minute walk to Burns Commons

About This Home

As of September 2019

Enjoy some of the best of Milwaukee's Eastside living in this open concept, Northeast facing, corner unit with 2 bedrooms and 2 full baths. Easy access to Lake Michigan, restaurants, entertainment, plus walking, running and biking. This large unit has 2 master walk-in closets and high end appliances & surfaces throughout. The balcony, with gas hook-up, is a great space for peacful relaxation or entertaining family and friends. In-unit washer & dryer. Two assigned parking spots and storage unit in the garage area. In addition, a fitness room and community party room are at your disposal.

Last Agent to Sell the Property

Joseph Sorensen

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com Listed on: 05/25/2017

Last Buyer's Agent

Kelli Kreuser

Shorewest Realtors, Inc. License #82121-94

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Brick Exterior Construction

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
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Personal Property of Seller and Tenant.

Community Details

Overview

  • 101 Units
  • High-Rise Condominium
  • Breakwater Condos

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Security

  • Building Security

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

HOA Fees

$525 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: 4 Speakers, TV Wall Bracket in Great Room, Shelves under TV Wall Bracket, Deck Table & 5 Chairs, Deck Flowerpots, 7 Chairs around Snack Bar, Murphy Bed.
  • Directions: Corner of Franklin Place and Knapp St.
  • New Construction: No
  • Year Built: 2009
  • AssociationCommonAmenities: Exercise Room, Security
  • CondoFeeMonthly: 525.0
  • CondoUnitType: 1 Story
  • Full Street Address: 1313 N Franklin PL #406
  • Type 5 Heat Fuel: Natural Gas
  • Municipality Type: City
  • Property Water Features: Lake, 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: Storage Lockers, Walk-in closet(s)
  • Bathroom Description: Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Stall
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 2062.00

Exterior Features

  • Exclusions: Personal Property of Seller and Tenant.
  • Exterior Features: Balcony
  • Exterior Building Type: Highrise: 6+ Stories
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Underground, 2 Car
  • Garage Spaces: 2.0

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: 2016
  • Total Taxes: 15619.0

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
$978,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,893
Avg. Annual Appreciation
6.49%
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 Type Sale Price Title Company
Condominium Deed $622,500 None Available
Trustee Deed $582,500 None Available
Condominium Deed $530,000 Knight Barry Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $466,875 New Conventional
Previous Owner $219,601 New Conventional
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

  • K

    Seller's Agent in 2019

    Kelli Kreuser

    Shorewest Realtors, Inc.

  • T

    Buyer's Agent in 2019

    Ted Schaar

    RE/MAX Excel

  • J

    Seller's Agent in 2017

    Joseph Sorensen

    Shorewest Realtors, Inc.

See All Agents

About The BreakWater

Map

Source: Metro MLS

MLS Number: 1531394

Metro MLS

APN: 359-2142-000-3

Wisconsin Milwaukee County Milwaukee 53202 East Town

1313 N Franklin Place Unit 406, Milwaukee, WI

This home is located at 1313 N Franklin Place Unit 406, Milwaukee, WI 53202 and is currently priced at $582,500, approximately $282 per square foot. This property was built in 2009. 1313 N Franklin Place Unit 406 is a home located in Milwaukee County with nearby schools including Cass Street School, Milwaukee Spanish Immersion School - Upper Campus, and Milwaukee German Immersion School.

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