NOT LISTED FOR SALE

2972 N Cramer St Milwaukee, WI 53211

Upper East Side Neighborhood

Estimated Value: $563,000 - $590,274

5 Beds
3 Baths
2,810 Sq Ft
$204/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $450,000 $160 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,810/month

10 Days on Market

Highlights

  • Enclosed Parking
  • Walnut Grove Elementary School Rated A
  • Forced Air Heating System

About This Home

As of September 2021

Turn key 3 unit cash cow in the heart of Milwaukee's East side. It's time to have your children build equity and stop making their landlord rich! Lower and second floor units boast original hardwoods and charming built ins, as well as three large bedrooms. Upper 3rd floor unit is a lofted 1br with cathedral ceilings. Updates include new tear off garage roof, new gutters, new 3rd floor furnace, and totally rebuilt second floor porch. Off street parking galore! Two car garage and two slab spots. Storage in the basement and slab spots can also be leased out, and is currently leased. Note: Also listed under MLS #1759713

Last Agent to Sell the Property

Segal Goldman Realty Group*

RE/MAX Service First License #76545-94 Listed on: 08/18/2021

Last Buyer's Agent

Schnabl Real Estate Group*

Realty Executives Integrity~Brookfield License #58207-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,105

Year Built

  • Built in 1909

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,810 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Seller's/Tenant's Personal Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,105

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 stoves, 3 refrigerators, 2 dishwashers, 1 washer, 1 dryer
  • Directions: Locust to Oakland Ave. Oakland north to Linwood, west to Cramer.
  • New Construction: No
  • Year Built: 1909
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2972 N Cramer St
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Full, Poured Concrete
  • Second Floor Total Sq Ft: 2810.00

Exterior Features

  • Exclusions: Seller's/Tenant's Personal Property
  • Exterior Building Type: Duplex +
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Garage/Parking: Extra Space Available, Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 3 - 4

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 8105.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 16, 2021
Sold by
Swh Properties Llc
Bought by
Claybab Homes Llc
Seller's Agent
Segal Goldman Realty Group*
RE/MAX Service First
Buyer's Agent
Schnabl Real Estate Group*
Realty Executives Integrity~Brookfield
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$574,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,319
Avg. Annual Appreciation
5.77%

Purchase Details

Closed on
Apr 5, 2018
Sold by
Pietsch Jason P
Bought by
Swh 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
$450,300
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 21, 2018
Sold by
Altendorf Piestsch Kristin A
Bought by
Piestsch Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,300
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 21, 2003
Sold by
Johnson C Michael
Bought by
Pietsch Jason P and Altendorf Pietsch Kristin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,700
Interest Rate
5.37%
Mortgage Type
Commercial
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
Claybab Homes Llc $450,000 None Available
Swh Properties Llc $570,000 None Available
Piestsch Jason -- None Available
Pietsch Jason P $353,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swh Properties Llc $450,300
Previous Owner Pietsch Jason P $317,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $450,000 0.0% $160 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $450,000 -- $160 / 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 $10,046 $437,200 $96,000 $341,200
2023 $8,339 $352,900 $96,000 $256,900
2022 $8,441 $352,900 $96,000 $256,900
2021 $8,145 $308,700 $75,700 $233,000
2020 $8,105 $308,700 $75,700 $233,000
2019 $7,691 $305,100 $75,700 $229,400
2018 $7,893 $305,100 $75,700 $229,400
2017 $7,563 $277,300 $60,000 $217,300
2016 $7,800 $270,000 $60,000 $210,000
2015 -- $270,000 $60,000 $210,000
2014 -- $270,000 $60,000 $210,000
2013 -- $270,000 $60,000 $210,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Buyer's Agent in 2021

    Schnabl Real Estate Group*

    Realty Executives Integrity~Brookfield

See All Agents

Map

Source: Metro MLS

MLS Number: 1758667

Metro MLS

APN: 316-0325-000-4

Wisconsin Milwaukee County Milwaukee 53211 Upper East Side

2972 N Cramer St, Milwaukee, WI

Not Listed for Sale

MultiFamily

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