NOT LISTED FOR SALE

2940 E Rhode Island Ave Milwaukee, WI 53207

Fernwood Neighborhood

Estimated Value: $684,000 - $748,000

4 Beds
2.5 Baths
2,174 Sq Ft
$327/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2020

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

Est. 53% increase in value since last sale

Current estimated payment $4,975 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 30, 2023
Sold by
Bought by
Buyer's Agent
Michael Argeropoulos
EXP Realty, LLC~MKE
List Price
$599,000
Views
228
Current Estimated Value
$711,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$567,900
Outstanding Balance
$549,181
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$162,538

Purchase Details

Listed on
Dec 29, 2019
Closed on
Sep 14, 2020
Sold by
Bought by
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
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$631,000 None Listed On Document
$465,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $567,900
Previous Owner $37,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,571 $685,700 $125,400 $560,300
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

  • M

    Buyer's Agent in 2023

    Michael Argeropoulos

    EXP Realty, LLC~MKE

    (414) 712-1455

    2 in this area

    226 Total Sales

    Michael Argeropoulos
    Section Image

  • M

    Seller's Agent in 2020

    MetroMLS NON

    NON MLS

  • L

    Buyer's Agent in 2020

    Lindsey Vebber

    Keller Williams Realty-Milwaukee North Shore

See All Agents

Map

Source: Metro MLS

MLS Number: 1834289

Metro MLS

APN: 541-1126-000-4

Wisconsin Milwaukee County Milwaukee 53207 Fernwood

2940 E Rhode Island Ave, Milwaukee, WI

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