NOT LISTED FOR SALE

2837 N Downer Ave Unit 2839 Milwaukee, WI 53211

Upper East Side Neighborhood

Estimated Value: $588,000 - $683,000

7 Beds
3 Baths
4,362 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $510,000 $117 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,506/month

10 Days on Market

Highlights

  • 2 Car Detached Garage
  • Golda Meir School Rated A-
  • In-Law or Guest Suite

About This Home

As of July 2022

This beautiful Messmer & Son brick Arts & Crafts home is now available for its new owners! Pocket doors, natural woodwork, built-ins, & stained glass throughout! Spacious 1st floor 2+BR flat offers original light fixtures, Butler's pantry, remodeled kitchen w/ DW, & beautiful travertine tile BA. Rent for $1500-$1800/mo; separate gas meter & shared electric/ water. Upstairs, you'll find a huge, gorgeous bi-level 4BR+Office/2BA. Updated chef's K w/ DW, beautiful BAs (one w/ heated floor & travertine tile), & massive primary BR. 3rd floor easily serves as separate MIL flat. Rent for $3250-$3750/mo; separate gas meter & shared electric/ water. Wine connoisseur? Check out the temp & humidity controlled Wine Cellar! Outside, find partially fenced backyard, 2 large patios, & new front porch!

Last Agent to Sell the Property

Lucy Telkamp

Wiechmann Realty License #58813-90 Listed on: 05/24/2022

Last Buyer's Agent

Falk Ruvin Gallagher Team

Keller Williams Realty-Milwaukee North Shore License #48420-90

Keller Williams Realty-Milwaukee North Shore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,534

Year Built

  • Built in 1908

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • In-Law or Guest Suite
  • 4,362 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Window A/C units are not included; tenants' and owners' personal property is not included.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,534

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 refrigerators, 3 stoves, 2 dishwashers, 2 washing machines, 2 dryers
  • Directions: Locust St east to N Downer Ave, Downer Ave south a half of a block to house
  • New Construction: No
  • Year Built: 1908
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2837 N Downer Ave #2839
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 4362.00

Exterior Features

  • Exclusions: Window A/C units are not included; tenants' and owners' personal property is not included.
  • Exterior Building Type: 2 Story, Duplex, In-Law/Guest Quarter
  • Exterior: Brick/Stone, Brick

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 11533.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 12, 2022
Sold by
Benjamin Cohn
Bought by
Cohn Benjamin
Seller's Agent
Lucy Telkamp
Wiechmann Realty
Buyer's Agent
Falk Ruvin Gallagher Team
Keller Williams Realty-Milwaukee North Shore
List Price
$510,000
Sold Price
$510,000
Current Estimated Value
$639,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,952
Avg. Annual Appreciation
7.12%
Original Mortgage
$433,500
Outstanding Balance
$412,569
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$227,383

Purchase Details

Closed on
Apr 14, 2004
Sold by
Derewicz Brian E
Bought by
Roberts Alan L and Roberts Kelly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2000
Sold by
Lawler Timothy J and Lawler Diana C
Bought by
Derewicz Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.98%
Mortgage Type
Commercial
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
Cohn Benjamin -- Focus Title
Cohn Benjamin $510,000 None Listed On Document
Roberts Alan L $419,000 --
Derewicz Brian E $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohn Benjamin $433,500
Previous Owner Roberts Alan L $344,000
Previous Owner Derewicz Brian E $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2022 07/12/22 Sold $510,000 0.0% $117 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $510,000 -- $117 / 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 $13,680 $600,500 $72,400 $528,100
2023 $11,617 $491,600 $72,400 $419,200
2022 $11,124 $470,200 $72,400 $397,800
2021 $11,534 $451,000 $76,100 $374,900
2020 $11,543 $451,000 $76,100 $374,900
2019 $10,879 $395,500 $76,100 $319,400
2018 $10,003 $395,500 $76,100 $319,400
2017 $9,609 $359,400 $60,400 $299,000
2016 $10,090 $359,100 $60,400 $298,700
2015 -- $359,100 $60,400 $298,700
2014 -- $359,100 $60,400 $298,700
2013 -- $359,100 $60,400 $298,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1793926

Metro MLS

APN: 316-1417-000-2