NOT LISTED FOR SALE

1641 N Franklin Place Unit 3 Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $140,000 - $164,000

1 Bed
1 Bath
450 Sq Ft
-- Built

Last Sold July 22, 2024

Last sale price $146,000 $324 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,090/month

1 Day on Market

Highlights

  • Open Floorplan
  • No HOA
  • 1-Story Property
  • Golda Meir School Rated A-

About This Home

As of July 2024

Located just off Historic Brady Street, this stylish 1 bed, 1 bath condo offers modern comforts with granite countertops, stainless steel appliances, wood flooring and 10ft ceilings. Natural light fills the open layout, creating a warm and inviting atmosphere. Enjoy the convenience of Milwaukee's legendary restaurants, shops and annual festivals only steps away. One assigned parking space, in-unit laundry, and a storage locker are included. Within walking distance to Lake Michigan! Schedule your showing today!

Last Agent to Sell the Property

Samuel Smith

Compass RE WI-Tosa License #98828-94 Listed on: 06/20/2024

Compass RE WI-Tosa

Last Buyer's Agent

Hoffmann Team*

RE/MAX Lakeside-Central License #54807-94

RE/MAX Lakeside-Central

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,934

Parking

  • 1 Car Garage

Home Design

  • Press Board Siding
  • Vinyl Siding

Interior Spaces

  • 450 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Community Details

  • No Home Owners Association
  • Association fees include water, common area maintenance, trash, common area insur

Listing and Financial Details

  • Exclusions: Seller's personal property.
  • Assessor Parcel Number 3592043000

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,934

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominium
  • Inclusions: Microwave, stove, refrigerator, dishwasher, TV and TV mount, wall unit AC, washer, dryer.
  • Directions: Franklin Pl is one way and runs south. Brady Street to Franklin Pl and south to 1641 N Franklin Pl.
  • Unit Levels: One
  • General Property Information:Condominium Name: Franklin Place
  • Property Information:Est Total Sq Ft: 450
  • Special Features: None

Interior Features

  • Appliances: Range, Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer
  • Accessibility Features: Open Floor Plan, Full Bath on Main Level, Bedroom on Main Level, Laundry on Main Level
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exclusions: Seller's personal property.
  • Construction Type: Vinyl, Pressed Board

Garage/Parking

  • Garage Spaces: 1
  • Garage Type: None

Utilities

  • Sewer: Municipal Sewer

Condo/Co-op/Association

  • Amenities: None
  • Association Fee: 100
  • Association: No

Fee Information

  • Association Fee Includes: Water, Common Area Maint, Trash, Common Area Insur

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Parcel #: 3592043000

Tax Info

  • Tax Annual Amount: 2934.38
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 16, 2024
Sold by
Shields John T
Bought by
Poradek Luke
Seller's Agent
Samuel Smith
Compass RE WI-Tosa
Buyer's Agent
Hoffmann Team*
RE/MAX Lakeside-Central
List Price
$134,900
Sold Price
$146,000
Premium/Discount to List
$11,100
8.23%
Views
16
Current Estimated Value
$154,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,398
Avg. Annual Appreciation
4.50%
Original Mortgage
$116,800
Outstanding Balance
$115,394
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$39,004

Purchase Details

Listed on
Feb 27, 2019
Closed on
Apr 8, 2019
Sold by
Leupold Kimberly A
Bought by
Shields John T
Seller's Agent
Caitlin Nankee
Shorewest Realtors, Inc.
Buyer's Agent
Kelli Kreuser
Shorewest Realtors, Inc.
List Price
$112,500
Sold Price
$112,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$90,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Poradek Luke $146,000 None Listed On Document
Shields John T $112,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poradek Luke $116,800
Previous Owner Shields John T $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2024 07/22/24 Sold $146,000 +8.2% $324 / Sq Ft
06/20/2024 06/20/24 For Sale $134,900 +19.9% $300 / Sq Ft
04/12/2019 04/12/19 Sold $112,500 0.0% $250 / Sq Ft View Prior Sale
02/28/2019 02/28/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $112,500 -- $250 / 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 $3,382 $151,300 $16,700 $134,600
2023 $3,006 $127,200 $16,700 $110,500
2022 $2,955 $127,200 $16,700 $110,500
2021 $2,886 $112,500 $16,700 $95,800
2020 $2,869 $112,500 $16,700 $95,800
2019 $3,782 $122,300 $16,700 $105,600
2018 $3,097 $122,300 $16,700 $105,600
2017 $3,265 $122,300 $16,700 $105,600
2016 $3,435 $122,300 $16,700 $105,600
2015 -- $119,900 $16,700 $103,200
2014 -- $119,900 $16,700 $103,200
2013 -- $119,900 $16,700 $103,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Samuel Smith

    Compass RE WI-Tosa

    (414) 543-5403

    1 in this area

    16 Total Sales

    Samuel Smith
    Section Image

  • H

    Buyer's Agent in 2024

    Hoffmann Team*

    RE/MAX Lakeside-Central

    (414) 897-0098

    9 in this area

    344 Total Sales

    Hoffmann Team*
    Section Image
  • Caitlin Nankee

    Seller's Agent in 2019

    Caitlin Nankee

    Shorewest Realtors, Inc.

    (414) 416-8098

    17 in this area

    185 Total Sales

    Caitlin Nankee
    Section Image

  • K

    Buyer's Agent in 2019

    Kelli Kreuser

    Shorewest Realtors, Inc.

See All Agents

Map

Source: Metro MLS

MLS Number: 1880271

Metro MLS

APN: 359-2043-000-5

Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

1641 N Franklin Place Unit 3, Milwaukee, WI

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