NOT LISTED FOR SALE

2023 N Commerce St Unit 2023 Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $432,860 - $445,000

2 Beds
2 Baths
1,695 Sq Ft
$314/mo HOA Fee

Last Sold May 07, 2024

Last sale price $427,000 $252 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,468/month

1 Day on Market

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Walk-In Closet
  • Golda Meir School Rated A-
  • Bathtub
  • En-Suite Primary Bedroom

About This Home

As of May 2024

Right in the heart of Milwaukee in the Brewers Hill neighborhood is this contemporary, town home style, multi-level unit at Park Terrace. First level boasts open concept kitchen and living room, formal dining room and private deck. Second level has the primary bedroom with walk-in closet and primary bathroom with dual vanities and walk-in shower, as well as guest bedroom and full guest bathroom with custom tile tub. Third level loft can be used as an office or den. In-unit laundry on third level. One car attached garage and one outdoor parking space adjacent to the unit. Private entry. An abundance of natural light throughout the unit. Just minutes away from entertainment, dining and shopping.

Last Listed By

Chris Corley

Corley Real Estate License #56468-90 Listed on: 04/05/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,202

Year Built

  • Built in 2005

Lot Details

  • 2,265

HOA Fees

  • $314 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Surface Parking
  • Assigned Parking
  • 1 to 5 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1,695 Sq Ft Home
  • Multi-Level Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Exclusions: Seller's Personal Property

Community Details

Overview

  • 21 Units
  • Park Terrace Condos

Recreation

  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,202

Year Built

Built in 2005

Lot Details

0

HOA Fees

$314 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: All Appliances, All Window Treatments, All TV Mounts, Washer & Dryer
  • Directions: Water Street, East on Pleasant, Right (North) on Commerce
  • New Construction: No
  • Year Built: 2005
  • Full Street Address: 2023 N Commerce STREET
  • 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, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Master Bedroom Bath
  • Room Bedroom2 Level: Upper
  • Den Office Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 1695.00

Exterior Features

  • Exclusions: Seller's Personal Property
  • Exterior Features: Balcony, Private Entry
  • Exterior: Other, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space, Assigned, Surface

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Park Terrace
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 21

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RED

Tax Info

  • Tax Year: 2023
  • Total Taxes: 7202.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 7, 2024
Sold by
Pedersen Kristina Kelly
Bought by
Schjetnan Paul
Seller's Agent
Chris Corley
Corley Real Estate
Buyer's Agent
Peter Eppen
The Wisconsin Real Estate Group
List Price
$425,000
Sold Price
$427,000
Premium/Discount to List
$2,000
0.47%
Total Days on Market
1
Views
36
Current Estimated Value
$440,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,215
Avg. Annual Appreciation
3.06%
Original Mortgage
$384,300
Outstanding Balance
$380,606
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$59,609

Purchase Details

Closed on
Oct 16, 2020
Sold by
Eichhorn Alex E and Kulick Brainne L
Bought by
Pedersen Kristina Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2018
Sold by
Bergmann Kevin
Bought by
Eichhorn Alex E and Kulick Brianne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,730
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 2011
Sold by
Lee Jun H and Lee Jenny Ji Eun
Bought by
Bergmann Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2007
Sold by
Schuler John R
Bought by
Lee Jun H and Lee Jenny Ji Eun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,800
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Park Terrace Llc
Bought by
Schuler John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,900
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

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
Schjetnan Paul $427,000 Knight Barry Title
Pedersen Kristina Kelly $349,900 Frontier Ttl & Closing Svcs
Eichhorn Alex E $288,000 None Available
Bergmann Kevin $210,000 None Available
Lee Jun H $326,000 None Available
Schuler John R $334,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schjetnan Paul $384,300
Previous Owner Pedersen Kristina Kelly $310,500
Previous Owner Eichhorn Alex E $244,730
Previous Owner Bergmann Kevin $168,000
Previous Owner Lee Jun H $260,200
Previous Owner Lee Jun H $260,800
Previous Owner Schuler John R $234,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $427,000 +0.5% $252 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $425,000 -- $251 / 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
2023 $8,561 $362,300 $10,300 $352,000
2022 $8,554 $362,300 $10,300 $352,000
2021 $7,899 $303,300 $10,300 $293,000
2020 $7,862 $303,300 $10,300 $293,000
2019 $7,359 $270,900 $10,300 $260,600
2018 $6,942 $270,900 $10,300 $260,600
2017 $6,886 $254,900 $10,300 $244,600
2016 $6,983 $245,900 $10,300 $235,600
2015 $6,962 $239,900 $10,300 $229,600
2014 $6,810 $229,900 $10,300 $219,600
2013 -- $229,900 $10,300 $219,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1870166

Metro MLS

APN: 354-1469-000-7