NOT LISTED FOR SALE

3059 N Downer Ave Unit 3061 Milwaukee, WI 53211

Upper East Side Neighborhood

Estimated Value: $465,000 - $631,000

6 Beds
4 Baths
3,200 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $580,000 $181 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,699/month

11 Days on Market

About This Home

As of May 2024

Welcome to your newly renovated townhouse steps from college campus, ideal for students or faculty. Featuring a prime location, modern interior updates throughout and an open concept living area. This thoughtful renovation provides each unit with 4 spacious bedrooms, 2 updated full baths, all new modern kitchens with stainless steel appliances, new flooring, fresh paint throughout, energy-efficient lighting ,in-unit laundry, dedicated parking and central air for added comfort and convenience. This turn-key townhouse offers multiple opportunites to cash flow. Perfect for college rental, air bnb or owner occupy and get your mortgage covered with rental income and be near the downtown life! This property combines modern updates with unbeatable convenience.

Last Agent to Sell the Property

Jill Mullane

HomeWire Realty License #85058-94 Listed on: 04/02/2024

Last Buyer's Agent

Hany Kadadha

reThought Real Estate License #97092-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,090

Year Built

  • Built in 1989

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: seller and tenant personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,090

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 refrigerators, 2 ranges, 2 dishwashers, 2 microwaves, 2 washers, 2 dryers
  • Directions: North on Lincoln Memorial Drive to Kenwood Blvd, left to Downer, left , property on right
  • New Construction: No
  • Year Built: 1989
  • Cleared Acreage: Less than 1/2
  • Architecture: Townhouse
  • Full Street Address: 3059 N Downer AVENUE #3061
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 3200.00

Exterior Features

  • Exclusions: seller and tenant personal property
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Total Taxes: 10089.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 14, 2024
Sold by
Mullane Todd and Mullane Jill
Bought by
Satyaa Llc
Seller's Agent
Jill Mullane
HomeWire Realty
Buyer's Agent
Hany Kadadha
reThought Real Estate
List Price
$629,900
Sold Price
$580,000
Premium/Discount to List
-$49,900
-7.92%
Views
44
Current Estimated Value
$549,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,537
Avg. Annual Appreciation
-3.64%
Original Mortgage
$431,250
Outstanding Balance
$425,134
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$124,329

Purchase Details

Closed on
Dec 22, 2023
Sold by
Jtm Homes Llc
Bought by
Mullane Todd and Mullane Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2023
Sold by
Golden Capital Holdings Llc
Bought by
Jtm Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,200
Interest Rate
6.65%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 12, 2023
Sold by
Doerr Downer Towers Llc
Bought by
Golden Capital Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,200
Interest Rate
6.65%
Mortgage Type
Construction

Purchase Details

Closed on
May 31, 2007
Sold by
Lauzums Guntis J
Bought by
Doerr Downer Towers Llc
Source: Public Records

Range of Values:

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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
Satyaa Llc $580,000 Merit Title
Mullane Todd -- None Listed On Document
Jtm Homes Llc $415,000 None Listed On Document
Golden Capital Holdings Llc $390,000 None Listed On Document
Doerr Downer Towers Llc $380,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satyaa Llc $431,250
Previous Owner Mullane Todd $412,500
Previous Owner Jtm Homes Llc $453,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $580,000 -7.9% $181 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $629,900 -- $197 / 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 $9,704 $427,100 $158,500 $268,600
2023 $10,161 $430,000 $167,700 $262,300
2022 $10,166 $430,000 $167,700 $262,300
2021 $10,634 $407,400 $126,200 $281,200
2020 $10,586 $407,400 $126,200 $281,200
2019 $7,919 $350,500 $127,900 $222,600
2018 $9,002 $350,500 $127,900 $222,600
2017 $9,496 $350,500 $82,100 $268,400
2016 $9,922 $348,300 $82,100 $266,200
2015 -- $336,200 $82,100 $254,100
2014 -- $323,300 $82,100 $241,200
2013 -- $323,300 $82,100 $241,200
Source: Public Records

Agents Affiliated with this Home

  • Jill Mullane

    Seller's Agent in 2024

    Jill Mullane

    HomeWire Realty

    (414) 873-1696

    1 in this area

    57 Total Sales

    Jill Mullane
    Section Image

  • H

    Buyer's Agent in 2024

    Hany Kadadha

    reThought Real Estate

See All Agents

Map

Source: Metro MLS

MLS Number: 1869797

Metro MLS

APN: 316-1608-000-0

Wisconsin Milwaukee County Milwaukee 53211 Upper East Side

3059 N Downer Ave Unit 3061, Milwaukee, WI

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