NOT LISTED FOR SALE

2947 N 40th St Unit 2949 Milwaukee, WI 53210

Sherman Park Neighborhood

Estimated Value: $105,000 - $151,016

4 Beds
2 Baths
2,204 Sq Ft
$55/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $53,000 $24 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $814/month

161 Days on Market

About This Home

As of March 2019

Great owner occupant or investor property. Good cash flow, 2x2 features large rooms, Newer Windows, New Roof, Upper front porch is New. Water heaters installed 2017. 100 amp fuses. Property is being sold as is condition. Parking off alley entrance 2 parking spaces.Property needs painting and some TLC. The bathroom floor is currently being replaced, under construction.

Last Agent to Sell the Property

Richard Barnes

Realty Experts License #53644-90 Listed on: 09/17/2018

Last Buyer's Agent

Tamaran Cook

Shorewest Realtors, Inc. License #59581-90

Shorewest Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Sellers & Tenants personal property.

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1919
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2947 N 40th STREET #2949
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2204.00

Exterior Features

  • Exclusions: Sellers & Tenants personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Other, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2017
  • Total Taxes: 1400.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Ewens Susan C and Martin Michael J
Bought by
S And M Homes Llc
Total Days on Market
161
Current Estimated Value
$120,754

Purchase Details

Listed on
Sep 17, 2018
Closed on
Mar 11, 2019
Sold by
Palmer Dian
Bought by
Ewens Susan C and Martin Michael J
Seller's Agent
Richard Barnes
Realty Experts
Buyer's Agent
Tamaran Cook
Shorewest Realtors, Inc.
List Price
$53,000
Sold Price
$53,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.94%

Purchase Details

Closed on
Aug 21, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Palmer Dian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2008
Sold by
Wragg Goldie M
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Nov 11, 2005
Sold by
Bell Timothy J
Bought by
Wragg Goldie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.9%
Mortgage Type
Fannie Mae Freddie Mac
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
S And M Homes Llc -- None Available
Ewens Susan C $53,000 None Available
Palmer Dian $30,000 None Available
Deutsche Bank National Trust Co $77,243 None Available
Wragg Goldie M $95,000 Clear Title East Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Dian $19,500
Previous Owner Wragg Goldie M $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2019 03/11/19 Sold $53,000 0.0% $24 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
09/17/2018 09/17/18 For Sale $53,000 -- $24 / 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 $1,626 $68,800 $7,200 $61,600
2022 $1,665 $68,800 $7,200 $61,600
2021 $1,386 $51,600 $7,200 $44,400
2020 $1,375 $51,600 $7,200 $44,400
2019 $1,423 $51,200 $7,300 $43,900
2018 $1,358 $51,200 $7,300 $43,900
2017 $1,500 $54,000 $4,900 $49,100
2016 $1,805 $56,400 $4,900 $51,500
2015 -- $56,400 $4,900 $51,500
2014 -- $56,400 $4,900 $51,500
2013 -- $62,700 $4,900 $57,800
Source: Public Records

Agents Affiliated with this Home

  • Richard Barnes

    Seller's Agent in 2019

    Richard Barnes

    Realty Experts

    (414) 899-8146

    1 in this area

    171 Total Sales

    Richard Barnes
    Section Image
  • Tamaran Cook

    Buyer's Agent in 2019

    Tamaran Cook

    Shorewest Realtors, Inc.

    (414) 502-6249

    1 in this area

    117 Total Sales

    Section Image
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Map

Source: Metro MLS

MLS Number: 1606297

Metro MLS

APN: 308-0151-000-7

Wisconsin Milwaukee County Milwaukee 53210 Sherman Park

2947 N 40th St Unit 2949, Milwaukee, WI

This home is located at 2947 N 40th St Unit 2949, Milwaukee, WI 53210 since 17 September 2018 and is currently estimated at $120,754, approximately $54 per square foot. This property was built in 1919. 2947 N 40th St Unit 2949 is a home located in Milwaukee County with nearby schools including Milwaukee German Immersion School, Craig Montessori School, and La Escuela Fratney.

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