NOT LISTED FOR SALE

318 E Deer Place Unit 324 Milwaukee, WI 53207

Bay View Neighborhood

Estimated Value: $559,000 - $786,000

9 Beds
5 Baths
4,516 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $425,000 $94 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,642/month

39 Days on Market

Highlights

  • 0.23 Acre Lot
  • Enclosed Parking
  • Wood Siding
  • Golda Meir School Rated A-
  • Hot Water Heating System

About This Home

As of August 2019

FABULOUS BayView Historical Society Landmark property (Keller Winery) w/too many features to list. See all the information sheets attached to the MLS listing for the wonderful details. This is a 5 unit property that includes a 3 BR single family home, studio cottage, two 2 BR units & one 1 BR unit. Note: only able to list 4 units on MLS. See attached sheet for #5 info.The property also has a stable, hayloft, wine cellar & courtyard. NOTE: Be sure lender is aware this is a 5 unit property w/additional buildings.Pre approval letter must indicate the loan is appropriate for this type of property. Be sure the financing contingency reflects the terms of the pre approval letter. Fabulous & unique property in the heart of BayView! One of a kind - don't miss the opportunity to be the new owner!

Last Agent to Sell the Property

Mary Zaharias

North Shore Homes, Inc. License #47475-94 Listed on: 06/15/2019

Last Buyer's Agent

Susan Halverson

Shorewest Realtors, Inc. License #66261-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,527

Year Built

  • Built in 1910

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Composition Roof
  • Rubber Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,516 Sq Ft Home
  • Multi-Level Property

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • 5 Units

Listing and Financial Details

  • Exclusions: Seller's & tenant's personal property - window a/c units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,527

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Washer & dryer in private laundry room for 318 - 2 washer & 2 dryer in a common area for other 4 units - stove & refrigerator in each unit - 2 ceiling fans in unit 1, 3 & 4 - 1 ceiling fan in unit 2 & 5
  • Directions: Howell Ave to Deer Pl - West to the property
  • New Construction: No
  • Year Built: 1910
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 318 E Deer PLACE #324
  • Type 5 Heat Fuel: Electric, Natural Gas
  • Lot Acreage: 0.23
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Brick
  • Second Floor Total Sq Ft: 4516.00

Exterior Features

  • Exclusions: Seller's & tenant's personal property - window a/c units
  • Exterior: Other, Partial-Stucco/Slate, Partial-Wood

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2018
  • Total Taxes: 7527.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Heritage 1031 Llc
Bought by
318 E Deer Place Llc
Current Estimated Value
$681,890

Purchase Details

Listed on
Jun 15, 2019
Closed on
Aug 1, 2019
Sold by
Smith Todd J and Smith David Diana
Bought by
Heritage 1031 Llc
Seller's Agent
Mary Zaharias
North Shore Homes, Inc.
Buyer's Agent
Susan Halverson
Shorewest Realtors, Inc.
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$340,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 1998
Sold by
Kurtz David A
Bought by
Smith Todd J and Smith David Diana

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
6.76%
Mortgage Type
Commercial
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
318 E Deer Place Llc $400,000 None Available
Heritage 1031 Llc $425,000 None Available
Smith Todd J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heritage 1031 Llc $340,000
Previous Owner Smith Todd J $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2019 08/01/19 Sold $425,000 0.0% $94 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $425,000 -- $94 / 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 $12,310 $524,000 $61,600 $462,400
2023 $9,854 $417,000 $61,600 $355,400
2022 $9,968 $417,000 $61,600 $355,400
2021 $11,011 $417,800 $36,800 $381,000
2020 $10,776 $417,800 $36,800 $381,000
2019 $7,510 $290,900 $25,000 $265,900
2018 $7,363 $290,900 $25,000 $265,900
2017 $7,805 $290,900 $12,500 $278,400
2016 $7,239 $257,500 $12,500 $245,000
2015 -- $234,200 $12,500 $221,700
2014 -- $220,900 $12,500 $208,400
2013 -- $220,900 $12,500 $208,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1643066

Metro MLS

APN: 499-0413-100-7