NOT LISTED FOR SALE

1641 N Franklin Place Unit 3 Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $135,000 - $158,000

1 Bed
1 Bath
450 Sq Ft
$100/mo HOA Fee

Last Sold July 22, 2024

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

Est. 2% increase in value since last sale

Current estimated payment $1,192/month

1 Day on Market

Highlights

  • Main Floor Primary Bedroom
  • Balcony
  • Multiple cooling system units
  • Golda Meir School Rated A-
  • Bathtub with Shower

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

Century 21 Affiliated-Wauwatosa License #98828-94 Listed on: 06/20/2024

Century 21 Affiliated-Wauwatosa

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

Year Built

  • Built in 2008

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking
  • 1 to 5 Parking Spaces

Home Design

  • Vinyl Siding
  • Masonite

Interior Spaces

  • 450 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Multiple Heating Units
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Seller's personal property.

Community Details

Overview

  • 5 Units
  • Franklin Place Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,934

Year Built

Built in 2008

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • 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.
  • New Construction: No
  • Year Built: 2008
  • CondoFeeMonthly: 100.0
  • CondoUnitType: 1 Story, Other
  • Full Street Address: 1641 N Franklin PLACE #3
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Window A/C
  • Has Basement: None / Slab
  • Interior Amenities: In-Unit Laundry, Storage Lockers, Wood or Sim.Wood Floors
  • Bathroom Description: Shower Over Tub
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 450.00

Exterior Features

  • Exclusions: Seller's personal property.
  • Exterior Features: Balcony
  • Exterior Building Type: 2 Story
  • Exterior: Masonite/PressBoard, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space, Assigned

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Franklin Place
  • Association Pet Rules:Pets Permitted: Yes

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RM5

Tax Info

  • Tax Year: 2023
  • Total Taxes: 2934.38

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
Century 21 Affiliated-Wauwatosa
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
$148,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,755
Avg. Annual Appreciation
0.93%
Original Mortgage
$116,800
Outstanding Balance
$115,909
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$31,558

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
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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
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 $91,415
Previous Owner Shields John T $90,000
Previous Owner Lindner Tosha Scott $225,000
Previous Owner Leupold Kimberly A $42,700
Previous Owner Scott Tosha L $485,000
Previous Owner Scott Tosha L $47,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Metro MLS

MLS Number: 1880271

Metro MLS

APN: 359-2043-000-5