$115,000
SOLD SEP 27, 2024

3175 N 40th St Unit 3175A Milwaukee, WI 53216

Sherman Park Neighborhood
-- Bed
-- Bath
2,006 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

11% Below List Price

126 Days on Market

Highlights

  • 1.5 Car Detached Garage
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

As of September 2024

Unlike the other listings Fully renovated property, renovations finished January 2023. Gorgeous hardwood floors throughout, natural woodwork, updated bathrooms and kitchen, newer cabinets throughout, artificial fireplace, clean basement with extra rooms, 1.5 car detached garage One unit vacant for the new owner to occupy. Upper could be a 2 bedroom using the 2nd room with closet!

Last Agent to Sell the Property

Gregory Chadwell

RE/MAX Lakeside-North License #56906-90 Listed on: 05/17/2024

RE/MAX Lakeside-North

Last Buyer's Agent

Erika Hunt

EXP Realty, LLC~MKE License #93441-94

EXP Realty, LLC~MKE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 1.5 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,006 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and Renters personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,738

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Stoves 2 fridges
  • New Construction: No
  • Year Built: 1926
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3175 N 40th STREET #3175A
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2006.00

Exterior Features

  • Exclusions: Seller and Renters personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Brick, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 1 Car
  • Garage Spaces: 1.5
  • 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: 2023
  • Total Taxes: 1738.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Sep 27, 2024
Sold by
Dmci Llc
Bought by
Ajayi Olumuyiwa and Ajayi Adesimisola
Seller's Agent
Gregory Chadwell
RE/MAX Lakeside-North
Buyer's Agent
Erika Hunt
EXP Realty, LLC~MKE
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%
Total Days on Market
126
Views
71
Current Estimated Value
$124,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,298
Avg. Annual Appreciation
4.70%
Original Mortgage
$86,000
Outstanding Balance
$85,524
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$33,070

Purchase Details

Closed on
Aug 11, 2022
Sold by
Best Way Investments Inc
Bought by
Dmci Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Best Way Investments Inc

Purchase Details

Closed on
May 21, 2008
Sold by
Jackson Micole
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Mar 9, 2006
Sold by
Brookshire Iola A and Brookshire Lavenuel W
Bought by
Jackson Micole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2005
Sold by
Brookshire Lavenuel W and Brookshire Iola A
Bought by
Brookshire Iola A

Purchase Details

Closed on
Mar 10, 2005
Sold by
Perkins Wylie L
Bought by
Brookshire Lavenuel W and Brookshire Iola A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,350
Interest Rate
5.71%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $115,000 None Listed On Document
Warranty Deed $76,000 None Listed On Document
Special Warranty Deed $13,500 None Available
Sheriffs Deed -- None Available
Warranty Deed $112,000 None Available
Interfamily Deed Transfer -- --
Warranty Deed $61,500 Premier Title & Closing Serv
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $86,000 New Conventional
Previous Owner $99,200 New Conventional
Previous Owner $99,200 New Conventional
Previous Owner $68,400 New Conventional
Previous Owner $89,600 Purchase Money Mortgage
Previous Owner $55,350 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $115,000 -7.3% $57 / Sq Ft
08/01/2024 08/01/24 Price Changed $124,000 -2.4% $62 / Sq Ft
07/09/2024 07/09/24 Price Changed $127,000 -1.6% $63 / Sq Ft
05/17/2024 05/17/24 For Sale $129,000 -- $64 / 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 $1,555 $65,800 $6,900 $58,900
2022 $2,462 $95,800 $6,900 $88,900
2021 $1,591 $63,200 $6,900 $56,300
2020 $1,579 $63,200 $6,900 $56,300
2019 $2,471 $65,900 $6,900 $59,000
2018 $1,638 $65,900 $6,900 $59,000
2017 $1,725 $65,900 $4,500 $61,400
2016 $1,899 $68,800 $4,500 $64,300
2015 $2,131 $68,800 $4,500 $64,300
2014 $2,183 $66,900 $4,500 $62,400
2013 -- $72,000 $4,500 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Gregory Chadwell

    Seller's Agent in 2024

    Gregory Chadwell

    RE/MAX

    (414) 801-8411

    1 in this area

    72 Total Sales

    Gregory Chadwell
    Section Image

  • E

    Buyer's Agent in 2024

    Erika Hunt

    EXP Realty, LLC~MKE

    (414) 795-1122

    2 in this area

    31 Total Sales

    Erika Hunt
    Section Image
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Map

Source: Metro MLS

MLS Number: 1875813

Metro MLS

APN: 287-0809-000-1

Wisconsin Milwaukee County Milwaukee 53216 Sherman Park

3175 N 40th St Unit 3175A, Milwaukee, WI

This home is located at 3175 N 40th St Unit 3175A, Milwaukee, WI 53216 and is currently priced at $115,000, approximately $57 per square foot. This property was built in 1926. 3175 N 40th St Unit 3175A 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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