NOT LISTED FOR SALE

3053 N 40th St Milwaukee, WI 53210

Sherman Park Neighborhood

Estimated Value: $125,000 - $147,000

4 Beds
1 Bath
1,495 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $112,000 $75 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $987/month

31 Days on Market

Highlights

  • Main Floor Bedroom
  • Bathtub with Shower
  • High Speed Internet
  • Golda Meir School Rated A-
  • Forced Air Heating System
  • 3-minute walk to Sherman Park

About This Home

As of December 2023

Large open concept bungalow in Sherman Park neighborhood. This house would make for a very nice owner occupied home or remain a rental. Property was previously rented out for $1500 a month. This home features a an updated kitchen, bathroom and four large bedroom and a huge master bedroom. Roof, furnace, water heater and windows have all been replaced within the last 10 years.

Last Agent to Sell the Property

Michael Larson

Realty Dynamics License #66812-94 Listed on: 10/26/2023

Last Buyer's Agent

Michael Larson

Realty Dynamics License #66812-94 Listed on: 10/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,724

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Garage
  • 1 to 5 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1,495 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • 1 Full Bathroom
  • Bathtub with Shower

Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,724

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Directions: BURLEIGH STRET SOUTH ON 40TH STREET
  • New Construction: No
  • Year Built: 1920
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 3053 N 40th STREET
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Has Basement: Block, Full
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Cathedral/vaulted ceiling, Wood or Sim.Wood Floors
  • Bathroom Description: Shower Over Tub
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 15
  • Second Floor Total Sq Ft: 1495.00

Exterior Features

  • Exterior Building Type: 1.5 Story
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Total Taxes: 1724.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 18, 2023
Sold by
Atkinson Ventures Llc
Bought by
Larson Michael R and Larson Renee M
Seller's Agent
Michael Larson
Realty Dynamics
Buyer's Agent
Michael Larson
Realty Dynamics
List Price
$120,000
Sold Price
$112,000
Premium/Discount to List
-$8,000
-6.67%
Views
80
Current Estimated Value
$140,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,270
Avg. Annual Appreciation
11.83%
Original Mortgage
$95,200
Outstanding Balance
$93,622
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$41,515

Purchase Details

Closed on
May 6, 2019
Sold by
Amazing Grace Llc
Bought by
Atkinson Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2013
Sold by
C J Joshua Real Estate Llc
Bought by
Amazing Grace Llc

Purchase Details

Closed on
Nov 29, 2010
Sold by
Amazing Grace Properties Llc
Bought by
C J Joshua Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,850
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 2009
Sold by
Wells Fargo Bank Na
Bought by
Amazing Grace Llc

Purchase Details

Closed on
Jul 30, 2008
Sold by
Clayton Yvonne
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 9, 1998
Sold by
Adkins Timothy O
Bought by
Clayton Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Larson Michael R $112,000 None Listed On Document
Atkinson Ventures Llc $54,600 Royalty Title Corp
Amazing Grace Llc $12,000 None Available
C J Joshua Real Estate Llc $26,000 None Available
Amazing Grace Llc $14,000 None Available
Wells Fargo Bank Na -- None Available
Clayton Yvonne $43,000 Royalty Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Michael R $95,200
Previous Owner Atkinson Ventures Llc $600,000
Previous Owner Atkinson Ventures Llc $600,000
Previous Owner C J Joshua Real Estate Llc $25,850
Previous Owner Amazing Grace Llc $29,037
Previous Owner Clayton Yvonne $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $112,000 -6.7% $75 / Sq Ft
11/03/2023 11/03/23 For Sale $120,000 -- $80 / 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 $2,677 $118,400 $7,000 $111,400
2023 $1,784 $75,500 $7,000 $68,500
2022 $2,085 $75,500 $7,000 $68,500
2021 $1,327 $49,900 $7,000 $42,900
2020 $1,281 $49,900 $7,000 $42,900
2019 $2,098 $53,500 $7,000 $46,500
2018 $2,289 $53,500 $7,000 $46,500
2017 $3,015 $53,500 $4,600 $48,900
2016 $3,250 $62,200 $4,600 $57,600
2015 $7,092 $62,200 $4,600 $57,600
2014 $4,074 $60,500 $4,600 $55,900
2013 -- $65,000 $4,600 $60,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Larson

    Realty Dynamics

    (414) 801-3307

    2 in this area

    99 Total Sales

    Michael Larson
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Map

Source: Metro MLS

MLS Number: 1856536

Metro MLS

APN: 308-0121-000-3

Wisconsin Milwaukee County Milwaukee 53210 Sherman Park

3053 N 40th St, Milwaukee, WI

This home is located at 3053 N 40th St, Milwaukee, WI 53210 since 26 October 2023 and is currently estimated at $140,270, approximately $93 per square foot. This property was built in 1920. 3053 N 40th St is a home located in Milwaukee County with nearby schools including Milwaukee German Immersion School, Craig Montessori School, and La Escuela Fratney.

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