NOT LISTED FOR SALE

3154 S Mabbett Ave Unit 3154A Milwaukee, WI 53207

Fernwood Neighborhood

Estimated Value: $377,429 - $398,000

4 Beds
2 Baths
1,855 Sq Ft
$208/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $285,000 $154 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,579/month

26 Days on Market

About This Home

As of December 2023

Look no further, fantastic opportunity for an investor or owner occupant! This classic Victorian on a quiet street in desirable Bay View location really shines. You're gonna love the graceful front porch, bright welcoming spaces and great storage throughout. First floor unit boasts 9ft ceilings, hardwood floors and a butlers pantry. The picture perfect upper unit has a wonderful layout and offers additional storage in the walk-up attic. Both units have separate entrances and separate access to the basement, with laundry hook-ups for each. Private fenced yard & two car garage completes the package. Walking distance to restaurants, shops, Fernwood School & the Lake.Long term tenants in both units. Upper is leased through August 2024 ($775). Lower is MTM ($1025) but would love to stay.

Last Agent to Sell the Property

Debra L Schroeder

Realty Executives Integrity~Brookfield License #47819-94 Listed on: 10/27/2023

Realty Executives Integrity~Brookfield

Last Buyer's Agent

Bethany Clark

Keller Williams Realty-Lake Country License #89647-94

Keller Williams Realty-Lake Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,815

Year Built

  • Built in 1893

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,855 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Bay View High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller's & Tenant's personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,815

Year Built

Built in 1893

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Unit 1-Stove, refrigerator, dishwasherUnit 2-Stove & refrigerator in basement
  • Directions: Oklahoma to Mabbett Ave. south to property.
  • New Construction: No
  • Year Built: 1893
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3154 S Mabbett AVENUE #3154A
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Brick, Dual Entry, Full
  • Second Floor Total Sq Ft: 1855.00

Exterior Features

  • Exclusions: Seller's & Tenant's personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.0

Utilities

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

Schools

  • School District: Milwaukee
  • High School: Bay View
  • High School: Bay View
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT3 Two-Family
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 5815.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Dec 28, 2023
Sold by
Jrolf Joel L
Bought by
Sule Vaibhav Pramod and Nevrekar Rachana
Seller's Agent
Debra L Schroeder
Realty Executives Integrity~Brookfield
Buyer's Agent
Bethany Clark
Keller Williams Realty-Lake Country
List Price
$290,000
Sold Price
$285,000
Premium/Discount to List
-$5,000
-1.72%
Views
78
Current Estimated Value
$385,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,107
Avg. Annual Appreciation
18.31%
Original Mortgage
$213,750
Outstanding Balance
$210,243
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$174,864

Purchase Details

Closed on
Mar 31, 2004
Sold by
Faust Craig C
Bought by
Jrolf Joel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.48%
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
Sule Vaibhav Pramod $285,000 Knight Barry Title
Jrolf Joel L $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sule Vaibhav Pramod $213,750
Previous Owner Jrolf Joel L $136,000
Closed Jrolf Joel L $25,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $285,000 0.0% $154 / Sq Ft
11/15/2023 11/15/23 Price Changed $284,900 -1.8% $154 / Sq Ft
10/27/2023 10/27/23 For Sale $290,000 -- $156 / 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 $6,449 $285,100 $42,500 $242,600
2023 $5,844 $247,300 $42,500 $204,800
2022 $5,815 $247,300 $42,500 $204,800
2021 $5,687 $219,100 $42,500 $176,600
2020 $5,658 $219,100 $42,500 $176,600
2019 $5,195 $201,200 $43,000 $158,200
2018 $5,139 $201,200 $43,000 $158,200
2017 $5,108 $189,800 $31,400 $158,400
2016 $4,916 $173,900 $31,400 $142,500
2015 $4,901 $169,700 $31,400 $138,300
2014 $5,006 $169,700 $31,400 $138,300
2013 -- $163,100 $31,400 $131,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Debra L Schroeder

    Realty Executives Integrity~Brookfield

    (414) 315-4663

    1 in this area

    59 Total Sales

    Debra L Schroeder
    Section Image
  • Bethany Clark

    Buyer's Agent in 2023

    Bethany Clark

    Keller Williams Realty-Lake Country

    (262) 442-3771

    1 in this area

    51 Total Sales

    Bethany Clark
    Section Image
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Map

Source: Metro MLS

MLS Number: 1855819

Metro MLS

APN: 540-0416-200-8

Wisconsin Milwaukee County Milwaukee 53207 Fernwood

3154 S Mabbett Ave Unit 3154A, Milwaukee, WI

This home is located at 3154 S Mabbett Ave Unit 3154A, Milwaukee, WI 53207 since 27 October 2023 and is currently estimated at $385,107, approximately $207 per square foot. This property was built in 1893. 3154 S Mabbett Ave Unit 3154A is a home located in Milwaukee County with nearby schools including Milwaukee Spanish Immersion School - Upper Campus, Milwaukee German Immersion School, and Craig Montessori School.

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