NOT LISTED FOR SALE

3072 N 40th St Unit 3074 Milwaukee, WI 53210

Sherman Park Neighborhood

Estimated Value: $71,031 - $115,000

4 Beds
2 Baths
2,100 Sq Ft
$46/Sq Ft Est. Value

Highlights

  • Wood Siding
  • Golda Meir School Rated A-
  • 4-minute walk to Sherman Park

About This Home

Sherman Park cash-flowing duplex. Perfect for an investor or owner-occupant. Rents are at $1,470/month.

Last Agent to Sell the Property

Dylan Page

Smart Asset Realty Inc License #87447-94 Listed on: 03/15/2023

Last Buyer's Agent

Ingrid Rudolph

Coldwell Banker Realty License #78836-94

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1926
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3072 N 40th STREET
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2100.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Wood

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

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Total Taxes: 1706.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
May 5, 2023
Sold by
Eastmont Holdings Llc Series 3072
Bought by
Grant Romel
Seller's Agent
Dylan Page
Smart Asset Realty Inc
Buyer's Agent
Ingrid Rudolph
Coldwell Banker Realty
List Price
$79,900
Sold Price
$66,000
Premium/Discount to List
-$13,900
-17.4%
Total Days on Market
13
Views
48
Current Estimated Value
$97,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,258
Avg. Annual Appreciation
27.50%
Original Mortgage
$54,915
Outstanding Balance
$53,394
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$55,746

Purchase Details

Closed on
Oct 30, 2019
Sold by
Aml Investments Llc
Bought by
Eastmont 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
$46,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2009
Sold by
Us Bank National Association
Bought by
Aml Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2008
Sold by
Griffin Roy E
Bought by
Us Bank Na and Mastr Asset Backed Securities Trust 2006

Purchase Details

Closed on
Apr 20, 2005
Sold by
Griffin Roy E and Griffin Margurita L
Bought by
Griffin Roy E and Griffin Margurita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
12.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 3, 2000
Sold by
Linwood Llc
Bought by
Griffin Roy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,220
Interest Rate
7.18%
Mortgage Type
VA
Source: Public Records

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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
Grant Romel $66,000 None Listed On Document
Eastmont Holdings Llc $62,000 None Available
Aml Investments Llc $9,500 None Available
Us Bank Na -- None Available
Griffin Roy E -- Northwest Title & Escrow Cor
Griffin Roy E $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Romel $54,915
Previous Owner Eastmont Holdings Llc $46,500
Previous Owner Aml Investments Llc $174,750
Previous Owner Aml Investments Llc $39,900
Previous Owner Griffin Roy E $115,200
Previous Owner Griffin Roy E $102,000
Previous Owner Griffin Roy E $94,500
Previous Owner Griffin Roy E $62,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2023 06/04/23 Off Market $79,900 -- --
03/27/2023 03/27/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $79,900 -- $38 / 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
2023 $1,288 $54,500 $7,000 $47,500
2022 $1,706 $54,500 $7,000 $47,500
2021 $1,731 $45,900 $7,000 $38,900
2020 $2,351 $45,900 $7,000 $38,900
2019 $3,952 $48,200 $7,000 $41,200
2018 $3,052 $48,200 $7,000 $41,200
2017 $3,538 $55,100 $4,600 $50,500
2016 $3,588 $57,600 $4,600 $53,000
2015 -- $35,900 $4,600 $31,300
2014 -- $58,300 $4,600 $53,700
2013 -- $64,800 $4,600 $60,200
Source: Public Records

Agents Affiliated with this Home

  • Dylan Page

    Seller's Agent in 2023

    Dylan Page

    Smart Asset Realty Inc

    (414) 241-8931

    Section Image
  • Ingrid Rudolph

    Buyer's Agent in 2023

    Ingrid Rudolph

    Coldwell Banker Realty

    (414) 793-4346

    2 in this area

    13 Total Sales

    Ingrid Rudolph
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Map

Source: Metro MLS

MLS Number: 1827230

Metro MLS

APN: 308-0114-000-5

Wisconsin Milwaukee County Milwaukee 53210 Sherman Park

3072 N 40th St Unit 3074, Milwaukee, WI

This home is located at 3072 N 40th St Unit 3074, Milwaukee, WI 53210 since 15 March 2023 and is currently estimated at $97,258, approximately $46 per square foot. This property was built in 1926. 3072 N 40th St Unit 3074 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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