$365,000
SOLD DEC 4, 2024

2801 S Herman St Unit 2803 Milwaukee, WI 53207

-- Bed
-- Bath
3,462 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

4% Above List Price

30 Days on Market

Highlights

  • Enclosed Parking
  • Golda Meir School Rated A-
  • Forced Air Heating System

About This Home

As of December 2024

Duplex & Single-Family investment opportunity, for homeowners & investors! Located in the vibrant, sought-after, Bay View community, just blocks from KK & Humboldt Park, this exceptional property features a duplex & a charming single-family cottage, each unit with three bedrooms & one bath, all on the same lot. Ideal for owner-occupants, multi-generational living, or rentals. The 3/3 duplex features large living rooms with leaded glass windows. Dining room built-ins & pantries right off kitchens bring convenience & extra storage. Convertible attic available in duplex for added living space. The unique appeal of the cottage holds even more potential for additional rental income or single-family accommodations. Don't miss out on the chance to own this versatile, income-generating property.

Last Agent to Sell the Property

Lindsey Gannon

Cream City Real Estate Co License #93175-94 Listed on: 09/05/2024

Last Buyer's Agent

Ana St. Peter

Premier Point Realty LLC License #89928-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,516

Year Built

  • Built in 1914

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 3,462 Sq Ft Home
  • Multi-Level Property

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Dehumidifiers
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,516

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Duplex(Herman)- Refrigerator, window treatments, lawnmower, ladders, patio set.Cottage (Montana) Washer & Dryer, Bench, Wardrobe in upper, area rugs, all remaining items in house
  • Directions: Take Oklahoma Exit on I794, Take Oklahoma west. Turn North onto Herman. Go north until you reach Montana. Duplex on corner of Herman, Cottage around the corner - 1021 E. Montana St.
  • New Construction: No
  • Year Built: 1914
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2801 S Herman STREET #2803
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full, Laundry Facilities, Walk Out/Outer Door
  • Second Floor Total Sq Ft: 3462.00

Exterior Features

  • Exclusions: Dehumidifiers
  • Exterior Building Type: Duplex +
  • Exterior: Aluminum Trim, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Total Taxes: 7516.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Dec 3, 2024
Sold by
Rowley Doris P and Rowley Doris Joyce
Bought by
Gesell John
Seller's Agent
Lindsey Gannon
Cream City Real Estate Co
Buyer's Agent
Ana St. Peter
Premier Point Realty LLC
List Price
$349,500
Sold Price
$365,000
Premium/Discount to List
$15,500
4.43%
Total Days on Market
30
Views
7
Current Estimated Value
$386,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,579
Avg. Annual Appreciation
12.17%
Original Mortgage
$346,750
Outstanding Balance
$345,539
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$41,040
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
Personal Reps Deed $365,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $346,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $365,000 +4.4% $105 / Sq Ft
11/01/2024 11/01/24 For Sale $349,500 0.0% $101 / Sq Ft
11/01/2024 11/01/24 Price Changed $349,500 -4.2% $101 / Sq Ft
10/08/2024 10/08/24 Off Market $365,000 -- --
10/05/2024 10/05/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $485,000 -- $140 / 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 $7,588 $321,100 $29,700 $291,400
2022 $7,573 $321,100 $29,700 $291,400
2021 $8,590 $329,600 $29,800 $299,800
2020 $8,550 $329,600 $29,800 $299,800
2019 $5,638 $232,800 $29,700 $203,100
2018 $5,957 $232,800 $29,700 $203,100
2017 $5,815 $215,700 $10,200 $205,500
2016 $5,651 $199,500 $10,200 $189,300
2015 -- $181,300 $10,200 $171,100
2014 -- $181,300 $10,200 $171,100
2013 -- $181,300 $10,200 $171,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1890936

Metro MLS

APN: 504-0714-000-9