NOT LISTED FOR SALE

2720 N Oakland Ave Unit 2720 A Milwaukee, WI 53211

Murray Hill Neighborhood

Estimated Value: $317,988 - $399,000

4 Beds
2 Baths
2,285 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $300,000 $131 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,415/month

56 Days on Market

About This Home

As of November 2023

Great money maker within walking distance to UWM. 1st floor unit has 2 BRs & 1 BA @ $1200/mo (lease ends 9/30). 2nd floor unit has 3 BRs & 1 BA @ $1200/mo (vacant). 3rd floor attic conversion to an efficiency apartment w/1 BR, 1BA, KIT, generates $1000/mo (lease ends 9/30). Newer tear off roof included new sheathing & ice/water shield. Construction of back patio and staircases allow private entrances to each unit via 36-inch doors. Newer H2O heaters and furnace. Plenty of off-street parking and private sitting area at rear of home. Refrigerator & stove included for each unit. Shared washer & dryer included in basement. Tenants pay utilities.

Last Agent to Sell the Property

Julie Bushman

List2Sell, LLC License #55389-90 Listed on: 09/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 1892

Lot Details

  • 3,485

Parking

  • 5 Car Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,285 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Additional Features

  • 3,485 Sq Ft Lot
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and Tenant Personal Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,806

Year Built

Built in 1892

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Stovex3, Refrigeratorx3, Washer, Dryer
  • New Construction: No
  • Year Built: 1892
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2720 N Oakland AVENUE #2720 A
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2285.00

Exterior Features

  • Exclusions: Seller and Tenant Personal Property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Wood, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None, 4 Car
  • Garage Spaces: 5.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 1 Electric Meter, 1 Gas Meter
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: Res
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 4806.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 26, 2023
Sold by
Relaxed Llc
Bought by
Hwang Ted and Wang Shuwei
Seller's Agent
Julie Bushman
List2Sell, LLC
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Views
42
Current Estimated Value
$350,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,997
Avg. Annual Appreciation
6.47%
Original Mortgage
$269,000
Outstanding Balance
$264,645
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$70,535

Purchase Details

Closed on
Dec 20, 2016
Sold by
Schelelr Patrick A and Schelelr Kirsten
Bought by
Relaxed Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 12, 2006
Sold by
Johnstone Michael Francis and Sabinash Mary Ann
Bought by
Scheller Patrick A and Scheller Kirsten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
8.52%
Mortgage Type
Purchase Money Mortgage
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
Hwang Ted $300,000 None Listed On Document
Relaxed Llc $165,000 None Available
Scheller Patrick A $189,000 Premier Title & Closing Serv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Ted $269,000
Previous Owner Relaxed Llc $254,000
Previous Owner Relaxed Llc $132,000
Previous Owner Scheller Patrick A $39,000
Previous Owner Scheller Patrick A $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $300,000 -14.3% $131 / Sq Ft
09/21/2023 09/21/23 For Sale $350,000 -- $153 / 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 $6,020 $266,400 $62,600 $203,800
2023 $4,842 $204,900 $62,600 $142,300
2022 $4,806 $204,900 $62,600 $142,300
2021 $4,925 $190,100 $70,000 $120,100
2020 $4,900 $190,100 $70,000 $120,100
2019 $5,531 $196,300 $69,300 $127,000
2018 $5,012 $196,300 $69,300 $127,000
2017 $4,797 $178,400 $46,400 $132,000
2016 $4,500 $159,400 $46,400 $113,000
2015 $4,598 $159,400 $46,400 $113,000
2014 $4,807 $159,400 $46,400 $113,000
2013 -- $159,400 $46,400 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1851165

Metro MLS

APN: 316-0019-000-0