NOT LISTED FOR SALE

2723 N Frederick Ave Unit 2725 Milwaukee, WI 53211

Murray Hill Neighborhood

Estimated Value: $460,000 - $586,719

6 Beds
2 Baths
2,997 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $400,000 $133 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,618/month

28 Days on Market

About This Home

As of April 2022

Stunning 3/3 bedroom duplex adorn with an abundance of character and old warm charm located on the lower east side of Milwaukee near UWM, lots of nearby shops and restaurants and close proximity to Lake Michigan. Fully updated kitchens with stainless appliance package and granite counter tops & updated baths in both units. Hardwood floors throughout living spaces and bedrooms. Expandable, walkable 3rd floor with potential for renovation and a 3rd rental unit. One set of laundry machines for tenant use. 2 car garage + 2 extra driveway surface stalls for ample off-street parking. Solid rental rates in place making this a great investment property, or a great owner occupant option. Copies of leases in MLS DOCS, Current rents for both units total $3275/month, or $39,000 per year.

Last Agent to Sell the Property

Shelly Thompson

Structure Properties LLC License #58759-90 Listed on: 03/17/2022

Last Buyer's Agent

Charles Hepp

Homestead Realty, Inc License #76788-94

Homestead Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,476

Year Built

  • Built in 1909

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,997 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and tenant personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,476

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Refrigerators (2), stoves (2), dishwashers (2), washer (1), dryer (1), garage entry device.
  • Directions: Oakland Ave to Park PL, east to Frederick, north to property, home on left.
  • New Construction: No
  • Year Built: 1909
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2723 N Frederick Ave #2725
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2997.00

Exterior Features

  • Exclusions: Seller and tenant personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Stucco/Slate, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT3 Two Fam
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 9475.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2017
Sold by
Styke Michael J
Bought by
Gage Daria M
Current Estimated Value
$513,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,743,750
Outstanding Balance
$2,273,365
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,759,435

Purchase Details

Closed on
Jun 29, 2011
Sold by
Biller Scott
Bought by
Styke Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,681
Interest Rate
4.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2007
Sold by
Kindness Scott R
Bought by
Biller Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 1997
Sold by
Kindness Jean M
Bought by
Kindness Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gage Daria M $325,000 None Available
Styke Michael J $229,500 None Available
Biller Scott E $345,000 None Available
Kindness Scott R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gage Daria M $2,743,750
Previous Owner Styke Michael J $223,681
Previous Owner Biller Scott E $241,500
Previous Owner Kindness Scott R $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold $400,000 0.0% $133 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $400,000 -- $133 / Sq Ft
Source: Metro MLS

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 $11,328 $497,900 $91,800 $406,100
2023 $9,532 $403,400 $91,800 $311,600
2022 $9,533 $403,400 $91,800 $311,600
2021 $9,476 $363,300 $77,000 $286,300
2020 $10,809 $363,300 $77,000 $286,300
2019 $9,058 $338,100 $77,100 $261,000
2018 $8,681 $338,100 $77,100 $261,000
2017 $7,402 $273,800 $54,200 $219,600
2016 $7,488 $263,500 $54,200 $209,300
2015 -- $263,500 $54,200 $209,300
2014 -- $263,500 $54,200 $209,300
2013 -- $263,500 $54,200 $209,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shelly Thompson

    Structure Properties LLC

    (414) 331-4542

    6 in this area

    91 Total Sales

    Shelly Thompson
    Section Image

  • C

    Buyer's Agent in 2022

    Charles Hepp

    Homestead Realty, Inc

    (262) 955-4825

    1 in this area

    27 Total Sales

    Charles Hepp
    Section Image
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Map

Source: Metro MLS

MLS Number: 1783570

Metro MLS

APN: 316-1012-000-0

Wisconsin Milwaukee County Milwaukee 53211 Murray Hill

2723 N Frederick Ave Unit 2725, Milwaukee, WI

Not Listed for Sale

MultiFamily

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