NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,195,000

2 Beds
2 Baths
2,062 Sq Ft
$670/mo HOA Fee

Last Sold May 24, 2021

Last sale price $794,900 $385 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,833/month

133 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 May 2021

Experience luxury living with this tastefully updated 7th floor condo at The Breakwater. Spectacular lake views, an over-sized covered balcony, 10.5' ceilings and loads of natural light. The unit features a spacious, open concept living area, a renovated chef's kitchen with high end appliances, a master retreat with jacuzzi tub, walk-in closets, and a 2nd bedroom with ample space for guests and/or an office. Beautiful finishes and fixtures throughout, and many updates including a new furnace and water heater, remodeled laundry room, upgraded lighting, newer carpeting, custom blinds and fresh paint. Two indoor, heated parking spaces with adjacent storage. Secure building, concierge services, fitness center, club room and a fantastic location allow you to enjoy the city in style.

Last Agent to Sell the Property

Peter Mahler Team*

Mahler Sotheby's International Realty License #58180-90 Listed on: 01/08/2021

Last Buyer's Agent

Jennifer Muller

First Weber Inc - Brookfield License #55240-94

First Weber Inc - Brookfield

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 348

HOA Fees

  • $670 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

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

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller's personal property, living room TV, master bedroom chandelier

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

Year Built

Built in 2009

Lot Details

0

HOA Fees

$670 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Oven/range, refrigerator, dishwasher, disposal, microwave, wine chiller, washer, dryer, grill, nest thermostat
  • Directions: Corner of Knapp St and Franklin St.
  • New Construction: No
  • Year Built: 2009
  • AssociationCommonAmenities: Clubhouse, Elevator, Exercise Room, Security
  • CondoFeeMonthly: 670.0
  • CondoUnitType: 1 Story
  • Full Street Address: 1313 N Franklin Pl #706
  • Type 5 Heat Fuel: Electric
  • 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, Microwave, Range/Oven, Refrigerator, Washer
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Storage Lockers, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Whirlpool, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 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

  • Exclusions: Seller's personal property, living room TV, master bedroom chandelier
  • Exterior Features: Balcony
  • Exterior Building Type: Highrise: 6+ Stories
  • Exterior: Brick/Stone, Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Heated, 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: PD

Tax Info

  • Tax Year: 2020
  • Total Taxes: 20258.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
May 21, 2021
Sold by
Augustin Jeffrey G
Bought by
Cerjak Michael J
Seller's Agent
Peter Mahler Team*
Mahler Sotheby's International Realty
Buyer's Agent
Jennifer Muller
First Weber Inc - Brookfield
List Price
$794,900
Sold Price
$794,900
Current Estimated Value
$1,027,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,369
Avg. Annual Appreciation
4.70%
Original Mortgage
$244,900
Outstanding Balance
$187,170
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$783,273

Purchase Details

Closed on
Nov 18, 2015
Sold by
Campbell Kyle
Bought by
Augustin Jeffrey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Franklin & Knapp Llc
Bought by
Campbell Kyle Dagan and Ralli Paulomi T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,200
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Cerjak Michael J $794,000 None Available
Augustin Jeffrey G $675,000 Knight Barry Title Inc
Campbell Kyle Dagan $575,000 Knight Barry Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerjak Michael J $244,900
Previous Owner Augustin Jeffrey G $400,000
Previous Owner Campbell Kyle Dagan $574,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $794,900 0.0% $385 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $794,900 -- $385 / 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 $20,851 $913,300 $21,900 $891,400
2023 $18,762 $794,000 $21,900 $772,100
2022 $18,834 $794,000 $21,900 $772,100
2021 $20,255 $773,600 $21,900 $751,700
2020 $20,257 $773,600 $21,900 $751,700
2019 $18,518 $713,000 $21,900 $691,100
2018 $18,382 $713,000 $21,900 $691,100
2017 $19,221 $706,700 $21,900 $684,800
2016 $19,515 $682,500 $21,900 $660,600
2015 -- $646,300 $21,900 $624,400
2014 -- $604,000 $21,900 $582,100
2013 -- $573,800 $21,900 $551,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1723513

Metro MLS

APN: 359-2160-000-1