NOT LISTED FOR SALE

3231 W Michigan St Unit 3233 Milwaukee, WI 53208

Merrill Park Neighborhood

Estimated Value: $201,000 - $297,000

6 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 01, 2022

Last sale price $137,000

Est. 72% increase in value since last sale

Current estimated payment $1,635/month

10 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • Wood Siding
  • Golda Meir School Rated A-
  • Hot Water Heating System
  • 5-minute walk to Merrill Park

About This Home

As of July 2022

This 3 family directly across from Marquette high school is a great investment opportunity. Fully rented !! (2) 3bed/1bath and (1) 2 bed/1bath. Excellent location in Merrill Park/Concordia area and close to many other schools including Story School, Carmen High School of Science and Technology, South Campus and Washington High School of Information Technology. Solid cash flow building.

Last Agent to Sell the Property

Adam McCarthy

Smart Asset Realty Inc License #58319-90 Listed on: 05/23/2022

Last Buyer's Agent

Erica Winship

Premier Point Realty LLC License #59189-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,501

Year Built

  • Built in 1907

Lot Details

  • 3,049

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Multi-Level Property
  • 3,049 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: seller/tenant personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,501

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: appliances in units
  • New Construction: No
  • Year Built: 1907
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3231 W Michigan St #3233
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full, Laundry Facilities

Exterior Features

  • Exclusions: seller/tenant personal property
  • Exterior Building Type: Duplex +
  • Exterior: Partial-Brick, Partial-Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 3 - 4

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2021
  • Total Taxes: 2501.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Aug 18, 2022
Sold by
Spevak James
Bought by
Jsmg Holdings Llc
Seller's Agent
Adam McCarthy
Smart Asset Realty Inc
Buyer's Agent
Erica Winship
Premier Point Realty LLC
List Price
$137,000
Sold Price
$137,000
Current Estimated Value
$235,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,333
Avg. Annual Appreciation
17.87%
Original Mortgage
$102,750
Interest Rate
5.1%
Mortgage Type
Balloon

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 1, 2022
Sold by
Call Investments Llc
Bought by
Spevak James
Seller's Agent
Adam McCarthy
Smart Asset Realty Inc
Buyer's Agent
Erica Winship
Premier Point Realty LLC
List Price
$137,000
Sold Price
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
5.1%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 18, 2020
Sold by
424 Investments Llc
Bought by
Call Investments Llc
Seller's Agent
Marcus Auerbach
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
John Jewell
RE/MAX Legacy
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$92,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2020
Closed on
Nov 30, 2020
Sold by
Helton Steven and Helton Danielle
Bought by
424 Investments Llc
Seller's Agent
Marcus Auerbach
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
John Jewell
RE/MAX Legacy
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2018
Sold by
Chester Curt
Bought by
Helton Steven and Helton Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2012
Sold by
Hawthorne Developments Llc
Bought by
Chester Curt

Purchase Details

Closed on
May 10, 2011
Sold by
Aurora Loan Services Llc
Bought by
Hawthorne Developments Llc

Purchase Details

Closed on
May 25, 2010
Sold by
Noonan Victoria
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
May 8, 2007
Sold by
J O Properties 2733 Llc
Bought by
Noonan Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2005
Sold by
Aldrich George R and Aldrich Sheila A
Bought by
J O Properties 2733 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
6.2%
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
Jsmg Holdings Llc -- None Listed On Document
Spevak James $137,000 None Listed On Document
Call Investments Llc $115,000 Focus Title
424 Investments Llc $115,000 Focus Title
Helton Steven $90,000 None Available
Chester Curt $62,000 None Available
Hawthorne Developments Llc $20,900 None Available
Aurora Loan Services Llc -- None Available
Noonan Victoria $165,000 None Available
J O Properties 2733 Llc $105,000 National Title & Closing Ser
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spevak James $102,750
Previous Owner Call Investments Llc $92,000
Previous Owner Helton Steven $63,750
Previous Owner Noonan Victoria $148,500
Previous Owner J O Properties 2733 Llc $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Sold $137,000 0.0% --
06/02/2022 06/02/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $137,000 +19.1% --
12/18/2020 12/18/20 Sold $115,000 0.0% $38 / Sq Ft View Prior Sale
12/18/2020 12/18/20 Sold $115,000 0.0% $38 / Sq Ft View Prior Sale
10/29/2020 10/29/20 Pending -- -- --
10/29/2020 10/29/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $115,000 0.0% $38 / Sq Ft
10/15/2020 10/15/20 For Sale $115,000 -- $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
2024 $4,817 $168,100 $5,200 $162,900
2023 $3,646 $154,300 $5,200 $149,100
2022 $3,702 $153,900 $5,200 $148,700
2021 $2,501 $93,900 $5,200 $88,700
2020 $2,484 $93,900 $5,200 $88,700
2019 $1,403 $49,200 $5,100 $44,100
2018 $1,272 $49,200 $5,100 $44,100
2017 $1,631 $45,500 $2,200 $43,300
2016 $4,622 $45,200 $2,200 $43,000
2015 -- $43,100 $2,200 $40,900
2014 -- $43,100 $2,200 $40,900
2013 -- $53,800 $2,200 $51,600
Source: Public Records

Agents Affiliated with this Home

  • Adam McCarthy

    Seller's Agent in 2022

    Adam McCarthy

    Smart Asset Realty Inc

    (414) 241-8931

    1 in this area

    158 Total Sales

    Adam McCarthy
    Section Image
  • Erica Winship

    Buyer's Agent in 2022

    Erica Winship

    Premier Point Realty LLC

    (414) 395-5478

    4 in this area

    252 Total Sales

    Erica Winship
    Section Image
  • Marcus Auerbach

    Seller's Agent in 2020

    Marcus Auerbach

    Keller Williams Realty-Milwaukee North Shore

    (262) 671-6868

    2 in this area

    191 Total Sales

    Marcus Auerbach
    Section Image

  • J

    Buyer's Agent in 2020

    John Jewell

    RE/MAX

See All Agents

Map

Source: Metro MLS

MLS Number: 1793868

Metro MLS

APN: 401-0621-000-6

Wisconsin Milwaukee County Milwaukee 53208 Merrill Park

3231 W Michigan St Unit 3233, Milwaukee, WI

This home is located at 3231 W Michigan St Unit 3233, Milwaukee, WI 53208 since 23 May 2022 and is currently estimated at $235,333. This property was built in 1907. 3231 W Michigan St Unit 3233 is a home located in Milwaukee County with nearby schools including Milwaukee Spanish Immersion School - Upper Campus, Milwaukee German Immersion School, and La Escuela Fratney.

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