$165,000
SOLD JUN 30, 2025

2706 N 40th St Unit 2708 Milwaukee, WI 53210

Sherman Park Neighborhood
-- Bed
-- Bath
2,058 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

17% Below List Price

62 Days on Market

About This Home

As of June 2025

Great investment opportunity located near Sherman Park. This property is an excellent opportunity for an owner-occupant looking to offset their mortgage or an investor seeking to start or expand their portfolio.Each unit features spacious layouts, modern updates, and abundant natural light. Recent upgrades include new roof, fresh paint, new flooring, and renovated kitchens & baths!

Last Agent to Sell the Property

Brenda Kirk

Better Stewards Realty License #59510-90 Listed on: 02/14/2025

Last Buyer's Agent

Michael Borowski

Homestead Realty, Inc License #58673-90

Homestead Realty, Inc

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,053

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,058 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, heat, sewer, water, gas
  • Assessor Parcel Number 3080402000

Property Details

Property Type

Other

Est. Annual Taxes

$2,053

Lot Details

0

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.08
  • Property Information:Est Total Sq Ft: 2058
  • Special Features: None

Interior Features

  • Owner Pays: Electricity, Heat, Sewer, Water, Gas
  • Has Basement: Full

Exterior Features

  • Construction Type: Vinyl

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway Entrance
  • Garage Type: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 3080402000

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2053
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
May 19, 2025
Sold by
D & G Llc
Bought by
Walker Tabitha
Seller's Agent
Brenda Kirk
Better Stewards Realty
Buyer's Agent
Michael Borowski
Homestead Realty, Inc
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%
Views
37
Current Estimated Value
$164,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$663
Avg. Annual Appreciation
-1.38%
Original Mortgage
$156,750
Outstanding Balance
$156,217
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$8,120

Purchase Details

Listed on
Dec 15, 2023
Closed on
Mar 5, 2024
Sold by
Nicco Alignment Real Estate Investment L
Bought by
D & G Enterprises Llc
Seller's Agent
Bobby Anthony
Jason Scott Realty & Management, LLC
Buyer's Agent
Brenda Kirk
Abundance Real Estate
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.19%
Original Mortgage
$113,900
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 8, 2022
Sold by
Asante Properties Llc
Bought by
Nicco Alignment Real Estate Investment Llc
Seller's Agent
AnaCristina Rodriguez-Ross
Homestead Realty, Inc
Buyer's Agent
Gwladys Osakwe
M3 Realty
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.67%

Purchase Details

Closed on
Nov 18, 2019
Sold by
Malone Shenita G
Bought by
Asante Properties Llc

Purchase Details

Closed on
Apr 7, 2017
Sold by
Lyons Tyonia M
Bought by
Malone Shenita G

Purchase Details

Closed on
May 17, 2016
Sold by
On Time Investments Llc
Bought by
Lyons Tyonia M

Purchase Details

Closed on
Dec 7, 2015
Sold by
Seaway Bank & Trust Company
Bought by
On Time Investments Llc

Purchase Details

Closed on
Jul 18, 2014
Sold by
Hawthorne Developments Llc
Bought by
Seaway Bank And Trust Co

Purchase Details

Closed on
Jun 9, 2008
Sold by
Wm Specialty Mortgage Llc
Bought by
Hawthorne Development Llc

Purchase Details

Closed on
Aug 2, 2007
Sold by
Williams Freddrick R
Bought by
Wm Specialty Mortgage

Purchase Details

Closed on
Aug 11, 2005
Sold by
Mitchell Floyd and Mitchell Mary
Bought by
Williams Frederick and Williams Lau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
9.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 2005
Sold by
Riepl Lisa M
Bought by
Mitchell Floyd and Mitchell Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2004
Sold by
Riepl Lisa M and Riepl Richard D
Bought by
Riepl Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
5.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 7, 1996
Sold by
Lozoff Richard D and Richter Mark J
Bought by
Reipl Richard D and Mehring Lisa M
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
Warranty Deed $165,000 Knight Barry Title
Warranty Deed $60,000 None Listed On Document
Warranty Deed $40,000 None Listed On Document
Warranty Deed $30,000 None Available
Quit Claim Deed $1,000 None Available
Quit Claim Deed -- Attorney
Special Warranty Deed $3,000 None Available
Sheriffs Deed $34,595 None Available
Special Warranty Deed $12,000 None Available
Sheriffs Deed -- None Available
Warranty Deed $81,000 1St Service Title & Closing
Warranty Deed $79,000 1St Service Title & Closing
Interfamily Deed Transfer -- --
Warranty Deed $35,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $156,750 New Conventional
Previous Owner $113,900 New Conventional
Previous Owner $72,900 Fannie Mae Freddie Mac
Previous Owner $71,100 Purchase Money Mortgage
Previous Owner $59,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold $165,000 -7.8% $80 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $179,000 -5.3% $87 / Sq Ft
03/10/2025 03/10/25 Price Changed $189,000 -5.5% $92 / Sq Ft
02/14/2025 02/14/25 For Sale $199,900 +233.2% $97 / Sq Ft
03/06/2024 03/06/24 Sold $60,000 -14.3% $29 / Sq Ft View Prior Sale
02/05/2024 02/05/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $70,000 -3.4% $34 / Sq Ft
01/04/2024 01/04/24 Price Changed $72,500 -3.3% $35 / Sq Ft
12/13/2023 12/13/23 For Sale $75,000 +87.5% $36 / Sq Ft
07/08/2022 07/08/22 Sold $40,000 0.0% $19 / Sq Ft View Prior Sale
06/11/2022 06/11/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $40,000 -- $19 / 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 $2,053 $89,000 $6,600 $82,400
2023 $1,600 $67,700 $6,600 $61,100
2022 $1,638 $67,700 $6,600 $61,100
2021 $1,373 $50,400 $6,600 $43,800
2020 $1,423 $50,400 $6,600 $43,800
2019 $1,347 $48,800 $6,400 $42,400
2018 $2,866 $48,800 $6,400 $42,400
2017 $2,719 $51,500 $4,000 $47,500
2016 $4,094 $53,800 $4,000 $49,800
2015 -- $53,800 $4,000 $49,800
2014 -- $53,800 $4,000 $49,800
2013 -- $59,700 $4,000 $55,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1907020

Metro MLS

APN: 308-0402-000-0