NOT LISTED FOR SALE

3038 N Farwell Ave Unit 3040 Milwaukee, WI 53211

Upper East Side Neighborhood

Estimated Value: $588,000 - $818,071

7 Beds
3 Baths
3,781 Sq Ft
$182/Sq Ft Est. Value

Highlights

  • Enclosed Parking
  • Golda Meir School Rated A-
  • Hot Water Heating System

About This Home

LEAGUE OF IT'S OWN! Upper Eastside, half block off campus and the cash-flow setting a new standard for UWM area rentals. 4/4/2 TRIPLEX is an essential asset to your new or growing rental portfolio. Total monthly income $5870 on 1 year leases. Newer roof, gutters & trim, windows/doors, concrete, kitchens, paint, hardwoods. All Improvements are in and the big items completed. Turnkey for new ownership. Newer kitchen appliances and coin laundry for extra income. This property has been configured specifically by an expert to lead the market, save on maintenance, and outperform competing properties for many years to come! Do your homework, check alternatives and then invest here with confidence before the next cycle begins. These do not come around often!

Last Agent to Sell the Property

Ben Halverson

Livewell REM, LLC License #56031-90 Listed on: 09/08/2022

Last Buyer's Agent

Judy Moffatt

Shorewest Realtors, Inc. License #94364-94

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,310

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3,781 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Tenant personal property
  • Seller Concessions Not Offered

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,310

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: (3) Fridges, (3) Ranges, (2) Dishwashers (1) Washer & Dryer
  • Directions: E Kenwood to Farwell, S to property
  • New Construction: No
  • Year Built: 1915
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3038 N Farwell AVENUE #3040
  • Type 5 Heat Fuel: Electric, Natural Gas
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 3781.00

Exterior Features

  • Exclusions: Tenant personal property
  • Exterior Building Type: Apartment Building
  • Exterior: Partial-Brick, Partial-Stucco/Slate

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2021
  • Total Taxes: 10310.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 12, 2022
Sold by
Murray Hill Investments Llc
Bought by
Blue Ocean Realty Llc
Seller's Agent
Ben Halverson
Livewell REM, LLC
Buyer's Agent
Judy Moffatt
Shorewest Realtors, Inc.
List Price
$699,900
Sold Price
$678,000
Premium/Discount to List
-$21,900
-3.13%
Views
8
Current Estimated Value
$687,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,024
Avg. Annual Appreciation
0.43%

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 1, 2022
Sold by
Murray Hill Investments Llc
Bought by
Lmh Funding Llc and Ues Llc
Seller's Agent
Ben Halverson
Livewell REM, LLC
Buyer's Agent
Judy Moffatt
Shorewest Realtors, Inc.
List Price
$699,900
Sold Price
$678,000
Premium/Discount to List
-$21,900
-3.13%
Views
8

Purchase Details

Closed on
Apr 23, 2015
Sold by
Hackbarth Paul and Hackbarth Natalia
Bought by
Verde Properties One Llc

Purchase Details

Closed on
Mar 22, 2010
Sold by
Hackbarth Paul
Bought by
Hackbarth Paul and Hackbarth Natalia

Purchase Details

Closed on
Oct 7, 2009
Sold by
Lubbad Bassam
Bought by
Hackbarth Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blue Ocean Realty Llc $678,000 --
Lmh Funding Llc $292,500 --
Verde Properties One Llc $345,000 Knight Barry Title Inc
Hackbarth Paul -- None Available
Hackbarth Paul $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hackbarth Paul $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2022 12/23/22 Off Market $699,900 -- --
09/08/2022 09/08/22 For Sale $699,900 -- $185 / 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 $12,036 $528,800 $96,200 $432,600
2023 $10,064 $425,900 $96,200 $329,700
2022 $9,130 $379,900 $96,200 $283,700
2021 $10,310 $389,700 $75,900 $313,800
2020 $10,225 $389,700 $75,900 $313,800
2019 $9,312 $372,900 $75,900 $297,000
2018 $9,851 $372,900 $75,900 $297,000
2017 $9,553 $339,000 $60,200 $278,800
2016 $9,474 $330,400 $60,200 $270,200
2015 -- $303,500 $60,200 $243,300
2014 -- $303,500 $60,200 $243,300
2013 -- $303,500 $60,200 $243,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Ben Halverson

    Livewell REM, LLC

    (262) 716-8973

    9 in this area

    21 Total Sales

    Ben Halverson
    Section Image

  • J

    Buyer's Agent in 2022

    Judy Moffatt

    Shorewest Realtors, Inc.

See All Agents

Map

Source: Metro MLS

MLS Number: 1810093

Metro MLS

APN: 316-1651-000-5

Wisconsin Milwaukee County Milwaukee 53211 Upper East Side

3038 N Farwell Ave Unit 3040, Milwaukee, WI

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.

Metro MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes