NOT LISTED FOR SALE

3027 N Lake Dr Milwaukee, WI 53211

Upper East Side Neighborhood

Estimated Value: $866,000 - $987,000

4 Beds
3.5 Baths
3,032 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $917,000 $302 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,653/month

2 Days on Market

Highlights

  • Water Views
  • 0.24 Acre Lot
  • Bathtub
  • Golda Meir School Rated A-
  • 3 Car Detached Garage
  • 5-minute walk to Lake Park

About This Home

As of September 2024

Timeless Mediterranean Revival known as the ''Schley House'', located across from beautiful Lake Park in Milwaukee. Enter from the magical, ivy-covered porte-cochere to the living room featuring Spanish plaster and a spectacular fireplace. Gather in the dining room that retains its original chandelier, sconces, and leaded glass windows. The white kitchen has an adjacent breakfast nook and butler's pantry. Substantial improvements include landscaping, dramatic outdoor lighting, hardwood floors, Scalamandre drapes, and the renovation of two full baths with marble tile. The bedrooms are generous and nicely sunlit. A second floor den is an ideal retreat for work or relaxation. Third floor former maid's quarters include a full bath. A rare 3 car garage and large yard make this home a treasure.

Last Agent to Sell the Property

Falk Ruvin Gallagher Team

Keller Williams Realty-Milwaukee North Shore License #48420-90 Listed on: 06/25/2024

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Jay Schmidt

Keller Williams Realty-Milwaukee North Shore License #57868-90

Keller Williams Realty-Milwaukee North Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,907

Year Built

  • Built in 1924

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned RS5

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,032 Sq Ft Home
  • 2-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stubbed For A Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller's personal property, audio-visual equipment, drapes and rods in primary bedroom, mounted TV in den

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,907

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Kitchen appliances, microwave, washer, dryer, light fixtures, window treatments (excluding drapes and rods in primary bedroom), ring doorbell, (2) dehumidifiers, extension ladder in garage
  • Directions: South on Lake Drive to home.
  • New Construction: No
  • Year Built: 1924
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 3027 N Lake DRIVE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.24
  • Municipality Type: City
  • Other Rm1 Level: Main
  • Other Rm1 Name: Other Room
  • Property Water Features: View of Water
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Has Basement: Full, Radon Mitigation System, Sump Pump
  • Interior Amenities: High Speed Internet, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Stubbed For Bathroom on Lower, Tub Only, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Den Office Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 13
  • Second Floor Total Sq Ft: 3032.00

Exterior Features

  • Exclusions: Seller's personal property, audio-visual equipment, drapes and rods in primary bedroom, mounted TV in den
  • Exterior Building Type: 2 Story
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 3 Car
  • Garage Spaces: 3.0
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RS5
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2023
  • Total Taxes: 17907.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Aug 28, 2024
Sold by
Marathon Trust
Bought by
Friesch Jane and Friesch John
Seller's Agent
Falk Ruvin Gallagher Team
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Jay Schmidt
Keller Williams Realty-Milwaukee North Shore
List Price
$899,900
Sold Price
$917,000
Premium/Discount to List
$17,100
1.9%
Views
11
Current Estimated Value
$945,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,440
Avg. Annual Appreciation
3.72%

Purchase Details

Closed on
Jul 27, 2020
Sold by
Barron Michael J and Barron Mary Lu
Bought by
Marathon Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Friesch Jane $917,000 None Listed On Document
Marathon Trust $650,000 Focus Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marathon Trust $520,000
Previous Owner Barron Michael Joseph $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $917,000 +1.9% $302 / Sq Ft
07/09/2024 07/09/24 For Sale $899,900 -- $297 / 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 $18,490 $815,700 $286,100 $529,600
2023 $18,245 $772,100 $227,000 $545,100
2022 $17,371 $742,700 $227,000 $515,700
2021 $16,694 $647,400 $170,800 $476,600
2020 $16,682 $647,400 $170,800 $476,600
2019 $13,671 $616,000 $211,900 $404,100
2018 $15,709 $616,000 $211,900 $404,100
2017 $15,591 $578,500 $150,100 $428,400
2016 $15,722 $555,300 $150,100 $405,200
2015 $15,591 $538,300 $150,100 $388,200
2014 $15,346 $519,200 $150,100 $369,100
2013 -- $519,200 $150,100 $369,100
Source: Public Records

Agents Affiliated with this Home

  • Falk Ruvin Gallagher Team

    Seller's Agent in 2024

    Falk Ruvin Gallagher Team

    Keller Williams Realty-Milwaukee North Shore

    (414) 622-7159

    12 in this area

    1,014 Total Sales

    Falk Ruvin Gallagher Team
    Section Image

  • J

    Buyer's Agent in 2024

    Jay Schmidt

    Keller Williams Realty-Milwaukee North Shore

    (414) 517-7716

    18 in this area

    1,632 Total Sales

    Jay Schmidt
    Section Image
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Map

Source: Metro MLS

MLS Number: 1881016

Metro MLS

APN: 317-0006-000-7

Wisconsin Milwaukee County Milwaukee 53211 Upper East Side

3027 N Lake Dr, Milwaukee, WI

This home is located at 3027 N Lake Dr, Milwaukee, WI 53211 since 25 June 2024 and is currently estimated at $951,091, approximately $313 per square foot. This property was built in 1924. 3027 N Lake Dr is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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