NOT LISTED FOR SALE

2940 E Rhode Island Ave Milwaukee, WI 53207

Fernwood Neighborhood

Estimated Value: $653,000 - $711,000

4 Beds
2.5 Baths
2,174 Sq Ft
$311/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $465,000 $214 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,616/month

Highlights

  • Contemporary Architecture
  • Fireplace
  • Patio
  • Golda Meir School Rated A-

About This Home

As of September 2020

Tucked into a quiet pocket of the Fernwood neighborhood sits this architecturally unique 4 bed, 2.5 bath home. Steps from Lake Michigan, this beautiful property is a fusion of charm and modern aesthetics. The open concept living space is flooded with natural light featuring 2 working fireplaces and hardwood floors, creating the perfect home for entertaining. The living space flows seamlessly into a beautifully landscaped private backyard. Open kitchen features Corian countertops, stainless-steel appliances, and stained hardwood floating shelving. Master suite contains a light filled bathroom and whirlpool tub. Rear two bedrooms have vaulted ceilings and clerestory windows and loft spaces as well as a shared Juliet balcony overlooking the yard. 2.5 car garage with opportunity for deck.

Last Buyer's Agent

Michael Argeropoulos

EXP Realty, LLC~MKE License #79503-94

EXP Realty, LLC~MKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,994

Year Built

  • Built in 1945

Lot Details

  • 6,098

Parking

  • 2.5 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,174 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5411126000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,994

Year Built

Built in 1945

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.14
  • Architectural Style: Contemporary
  • Unit Levels: 2 Story
  • Year Built: 1945
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Has Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Natural Fireplace

Exterior Features

  • Exterior Features: Patio

Garage/Parking

  • Garage Spaces: 2.5

Lot Info

  • Parcel #: 5411126000
  • Zoning Description: Single Family
  • Zoning: Single Family

Tax Info

  • Tax Annual Amount: 12993.72
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 30, 2023
Sold by
Young Elliot N and Slowinski Sara N
Bought by
Abramczyk Brett J and Abramczyk Mary C
Buyer's Agent
Michael Argeropoulos
EXP Realty, LLC~MKE
List Price
$599,000
Views
255
Current Estimated Value
$676,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$567,900
Outstanding Balance
$554,353
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$122,146

Purchase Details

Listed on
Dec 29, 2019
Closed on
Sep 14, 2020
Sold by
Spott Michael F and Spott Antonette
Bought by
Young Elliot N and Slowinski Sara N
Seller's Agent
MetroMLS NON
NON MLS
Buyer's Agent
Lindsey Vebber
Keller Williams Realty-Milwaukee North Shore
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$37,200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2015
Sold by
Spott Michael F and Spott Antonette J
Bought by
Spott Michael F and Revoca Antonette
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
Abramczyk Brett J $631,000 None Listed On Document
Young Elliot N $465,000 None Available
Spott Michael F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abramczyk Brett J $567,900
Previous Owner Young Elliot N $37,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2023 07/02/23 Off Market $599,000 -- --
05/19/2023 05/19/23 For Sale $599,000 +28.8% $276 / Sq Ft
09/14/2020 09/14/20 Sold $465,000 0.0% $202 / Sq Ft View Prior Sale
09/14/2020 09/14/20 Pending -- -- --
12/29/2019 12/29/19 For Sale $465,000 -- $202 / 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 $13,571 $608,000 $122,200 $485,800
2023 $13,207 $558,900 $91,600 $467,300
2022 $12,994 $558,900 $91,600 $467,300
2021 $10,803 $423,200 $80,900 $342,300
2020 $10,816 $423,200 $80,900 $342,300
2019 $717 $324,200 $82,600 $241,600
2018 $8,159 $324,200 $82,600 $241,600
2017 $8,350 $313,300 $59,200 $254,100
2016 $8,758 $312,700 $59,200 $253,500
2015 $8,968 $312,700 $59,200 $253,500
2014 $9,156 $312,700 $59,200 $253,500
2013 -- $303,700 $59,200 $244,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1834289

Metro MLS

APN: 541-1126-000-4

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