NOT LISTED FOR SALE

2849 W Drexel Ave Unit 623 Franklin, WI 53132

Estimated Value: $280,000 - $305,000

2 Beds
2 Baths
1,524 Sq Ft
$250/mo HOA Fee

Last Sold February 26, 2021

Last sale price $195,000 $128 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,908/month

11 Days on Market

Highlights

  • Clubhouse
  • Main Floor Primary Bedroom
  • Bathtub
  • Oak Creek West Middle School Rated A-
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

This spacious condo features vaulted ceilings, skylights, and the best view in the Franklin Oaks condo community. Sunny southern skies will light up your condo and loft throughout the day. This unit features both an eat-in kitchen as well as a formal dining room, or bonus room you could use however you wish. The loft is a cozy retreat with a gas fireplace and will provide tons of extra living space. It could even be a third bedroom! The well-appointed kitchen is neutral in decor, has a breakfast bar, stainless steel appliances, and plenty of counter and cabinet space. Convenient in-unit laundry and underground and surface parking - this unit is closest to the garage access door. The clubhouse has a pool, fitness area and recreational space. Make this cutie your home today!

Last Agent to Sell the Property

Melissa Lenz

Shorewest Realtors, Inc. License #88540-94 Listed on: 01/26/2021

Shorewest Realtors, Inc.

Last Buyer's Agent

Reed Larson

Keller Williams Realty-Milwaukee Southwest License #91473-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,331

Year Built

  • Built in 2008

Lot Details

  • 3,877

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Surface Parking
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,524 Sq Ft Home
  • 2-Story Property

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Schools

  • Forest Park Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 128 Units
  • Franklin Oaks Condos

Amenities

  • Clubhouse

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,331

Year Built

Built in 2008

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Inclusions: Stove/Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Floating Shelves in Living Room
  • Directions: From I-94 exit, West on Drexel, 2 blocks past 27th St, entrance on south side of road. Building is farthest east in complex, unit is on the east end of that building at 2849 West Drexel Avenue #623
  • New Construction: No
  • Year Built: 2008
  • AssociationCommonAmenities: Clubhouse, Common Green Space
  • CondoFeeMonthly: 250.0
  • CondoUnitType: 1.5 Story
  • Full Street Address: 2849 W Drexel Ave #623
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Other Rm1 Level: Upper
  • Other Rm1 Name: Loft
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Has Basement: None / Slab
  • Bathroom Description: Tub Only, Master Bedroom Bath: Walk-In Shower
  • Room Bedroom2 Level: Main
  • Den Office Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 1524.00

Exterior Features

  • Exterior Building Type: 2 Story
  • Exterior: Brick, Brick/Stone, Stucco/Slate, (C) Stucco, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Opener Included, Underground, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space, Assigned, Additional For Sale, Surface

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Franklin Oaks
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 128

Schools

  • High School: Franklin
  • Junior High Dist: Franklin Public

Lot Info

  • Zoning: Res

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3331.0

MLS Schools

  • Middle School: Forest Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Feb 23, 2021
Sold by
Bernards Marisa
Bought by
Chavez Julio and Mccoy Catherine
Seller's Agent
Melissa Lenz
Shorewest Realtors, Inc.
Buyer's Agent
Reed Larson
Keller Williams Realty-Milwaukee Southwest
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$288,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,776
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Sep 9, 2019
Sold by
Latinovic Ivana and Selak Marko
Bought by
Bernards Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Franklin Oaks Llc
Bought by
Latinovic Ivana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2010
Sold by
M & I Regional Properties Llc
Bought by
Franklin Oaks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2010
Sold by
Franklin Oaks Partners Llc
Bought by
M & I Regional Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chavez Julio $195,000 None Available
Bernards Marisa $172,000 Lakefiom Title Llc
Latinovic Ivana $128,000 None Available
Franklin Oaks Llc $2,598,800 None Available
M & I Regional Properties Llc $3,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernards Marisa $163,400
Previous Owner Latinovic Ivana $102,400
Previous Owner Franklin Oaks Llc $1,850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $195,000 0.0% $128 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $195,000 -- $128 / 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 $1,697 -- -- --
2023 $3,217 $219,000 $18,000 $201,000
2022 $3,423 $197,200 $18,000 $179,200
2021 $3,426 $179,300 $17,000 $162,300
2020 $3,331 $0 $0 $0
2019 $3,729 $167,300 $17,000 $150,300
2018 $2,772 $0 $0 $0
2017 $3,287 $145,800 $17,000 $128,800
2015 -- $134,200 $17,000 $117,200
2013 -- $134,200 $17,000 $117,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Melissa Lenz

    Shorewest Realtors, Inc.

    (414) 238-5434

    3 in this area

    114 Total Sales

    Melissa Lenz
    Section Image

  • R

    Buyer's Agent in 2021

    Reed Larson

    Keller Williams Realty-Milwaukee Southwest

See All Agents

Map

Source: Metro MLS

MLS Number: 1725256

Metro MLS

APN: 809-1128-000

Wisconsin Milwaukee County Franklin 53132

2849 W Drexel Ave Unit 623, Franklin, WI

Not Listed for Sale

Condos

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