NOT LISTED FOR SALE

2964 E Rhode Island Ave Milwaukee, WI 53207

Fernwood Neighborhood

Estimated Value: $391,000 - $458,000

3 Beds
2 Baths
1,287 Sq Ft
$328/Sq Ft Est. Value

Last Sold January 30, 2014

Last sale price $254,000 $197 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,858/month

147 Days on Market

Highlights

  • Water Views
  • Vaulted Ceiling
  • 2 Car Detached Garage
  • Golda Meir School Rated A-
  • Fenced Yard
  • Fireplace

About This Home

As of January 2014

Rare opportunity! This Immaculately maintained Bungalow is located on highly sought after Rhode Island Ave. Just 1 block from Lake Michigan. Features include: Great views of lake right out your front window or sitting on your front porch, flawless natural old world oak woodwork, Maple HWF's throughout, large bright & sunny LR w/bay window, NFP, built-in china cabinets in dining rm, beautiful private fenced-in back yard w/mature landscaping. Many updates newer windows, roof, interior painting & furnace!

Last Agent to Sell the Property

Randy Rosen

HomeBuyers Advantage, LLC Brokerage Phone: 262-243-6200 License #35168-90 Listed on: 08/07/2013

Last Buyer's Agent

Jim Hill

INACTIVE W/Local ASSOC

Home Details

Home Type

  • Single Family

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts an alley
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,287 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace
  • Water Views
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Crawl Space

Outdoor Features

  • Patio

Schools

  • Trowbridge Street Elementary School
  • Bay View High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5411021000

Home Details

Home Type

Single Family

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.16
  • Directions: East on Oklahoma Ave to Superior St., South on Superior, Turn right on Rhode Island to property.
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: 15 Story
  • Attribution Contact: 262-243-6200
  • Property Information:Est Total Sq Ft: 1287
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Full, Crawl Space, Shower
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Natural Fireplace, Pantry, 220 Volts, Circuit Breakers, Bay Window, China Cabinet, Smoke Detector, Gas Appl Hook-Up, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: View of Water, Sidewalk, Fenced Yard
  • Construction Type: Wood, Vinyl
  • Exterior Features: Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Parking Features: Alley Entrance, Garage Door Opener
  • Garage Type: Detached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Municipal Sewer

Schools

  • Elementary School: Trowbridge Street
  • Junior High Dist: Milwaukee
  • High School: Bay View

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 5411021000

Tax Info

  • Tax Annual Amount: 7735
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2013
Closed on
Jan 30, 2014
Sold by
Groshans Robert W and Groshans Marjorie A
Bought by
Leece Samuel John
Seller's Agent
Randy Rosen
HomeBuyers Advantage, LLC
Buyer's Agent
Jim Hill
INACTIVE W/Local ASSOC
List Price
$299,000
Sold Price
$254,000
Premium/Discount to List
-$45,000
-15.05%
Current Estimated Value
$422,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,188
Avg. Annual Appreciation
4.30%
Original Mortgage
$203,200
Outstanding Balance
$59,120
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$363,068
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
Leece Samuel John $254,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leece Samuel John $203,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2014 01/30/14 Sold $254,000 -15.1% $197 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
08/07/2013 08/07/13 For Sale $299,000 -- $232 / 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 $8,195 $373,500 $126,900 $246,600
2023 $7,907 $334,600 $104,700 $229,900
2022 $7,652 $334,600 $104,700 $229,900
2021 $7,824 $309,800 $92,500 $217,300
2020 $7,848 $309,800 $92,500 $217,300
2019 $7,983 $291,900 $113,000 $178,900
2018 $7,323 $291,900 $113,000 $178,900
2017 $7,332 $276,000 $82,700 $193,300
2016 $7,590 $272,000 $82,700 $189,300
2015 $7,773 $272,000 $82,700 $189,300
2014 $7,397 $254,000 $82,700 $171,300
2013 -- $264,700 $82,700 $182,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1324953

Metro MLS

APN: 541-1021-000-3

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