NOT LISTED FOR SALE

2977 S 38th St Unit 2979 Milwaukee, WI 53215

Jackson Park Neighborhood

Estimated Value: $364,000 - $428,000

6 Beds
3 Baths
2,656 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $234,900 $88 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,562/month

4 Days on Market

About This Home

As of December 2019

Exceptionally spacious home or investment property in Jackson Park Neighborhood! Very clean brick duplex... low maintenance. Huge and bright living/dining room combo, roomy bedrooms in each unit., HWF's, 2 closets in MBR's, separate utilities, finished lower level w/ additional full bath. Enjoy some privacy from your fenced back yard on your patio. 2.5 car garage w/ second door opening to yard for easy access. Roof replaced in 2014, storage areas and newer boilers too. Close to St Luke's Hospital and Alverno. Positive cash flow no matter how you look at it! Don't miss out on a great opportunity... schedule your showing today!

Last Agent to Sell the Property

Gail Braatz

M3 Realty License #46996-94 Listed on: 11/07/2019

Last Buyer's Agent

Nanf Kham

Shorewest Realtors - South Metro License #83549-94

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,963

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts an alley

Parking

  • 2.5 Car Detached Garage

Home Design

  • 2,656 Sq Ft Home
  • Brick Exterior Construction
  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Finished Basement Bathroom

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: sellers personal property oven/range and microwave on 1st floor
  • Tenant pays for electricity, heat, gas
  • The owner pays for electricity, heat, sewer, water, gas
  • Assessor Parcel Number 5110170000

Property Details

Property Type

Other

Est. Annual Taxes

$4,963

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.11
  • Inclusions: Upper unit - oven/range, refrigerator, microwave Lower unit - Refrigerator & dishwasher. Negotiable items; oven/range and microwave.
  • Directions: Oklahoma Avenue, north on 38th Street to home
  • Property Information:Est Total Sq Ft: 2656
  • Special Features: None

Interior Features

  • Owner Pays: Electricity, Heat, Sewer, Water, Gas
  • Has Basement: Full, Block, Full Bath
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exclusions: sellers personal property oven/range and microwave on 1st floor
  • Construction Type: Brick
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features: Alley Entrance
  • Garage Type: Detached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 5110170000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4963.08
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 19, 2019
Sold by
Glembin David John and Glembin Nancy J
Bought by
Reh Ku and Meh Shay
Seller's Agent
Gail Braatz
M3 Realty
Buyer's Agent
Nanf Kham
Shorewest Realtors - South Metro
List Price
$234,900
Sold Price
$234,900
Current Estimated Value
$386,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,249
Avg. Annual Appreciation
8.49%
Original Mortgage
$187,900
Outstanding Balance
$165,661
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$220,488

Purchase Details

Closed on
Jun 10, 2014
Sold by
Jankiewicz Roman Leo and Bushman Carole J
Bought by
Glembin David John and Glembin Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,641
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2009
Sold by
Jankiewicz 2001 Revocable Trust
Bought by
Bushman Carole J and Marino Patricia

Purchase Details

Closed on
Jun 13, 2001
Sold by
Jankiewicz Roman L
Bought by
Jankiewicz 2001 Revocable Trust
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
Reh Ku $234,900 Prism Title
Glembin David John $179,900 None Available
Bushman Carole J -- None Available
Jankiewicz 2001 Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reh Ku $187,900
Previous Owner Glembin David John $176,641
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $234,900 0.0% $88 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $234,900 -- $88 / 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 $6,751 $310,500 $30,200 $280,300
2023 $6,347 $268,600 $30,200 $238,400
2022 $6,081 $268,600 $30,200 $238,400
2021 $5,932 $237,800 $30,200 $207,600
2020 $5,964 $237,800 $30,200 $207,600
2019 $5,348 $200,700 $30,300 $170,400
2018 $4,963 $200,700 $30,300 $170,400
2017 $4,869 $185,800 $23,100 $162,700
2016 $5,017 $177,400 $23,100 $154,300
2015 -- $177,400 $23,100 $154,300
2014 -- $177,400 $23,100 $154,300
2013 -- $177,400 $23,100 $154,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1667058

Metro MLS

APN: 511-0170-000-7