NOT LISTED FOR SALE

3247 N Cramer St Unit A Milwaukee, WI 53211

Downer Woods Neighborhood

Estimated Value: $396,000 - $483,000

4 Beds
2 Baths
1,765 Sq Ft
$248/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $345,000 $195 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,075/month

5 Days on Market

About This Home

As of April 2021

Incredible opportunity for a renovated duplex across from UWM. This property is located on a street of mainly single family houses and isn't your typical college rental. The lower unit features spacious rooms, natural woodwork & hardwood floors throughout. The upper unit was beautifully updated with a new kitchen including cabinetry and granite, flooring and tiled bathroom. Since 2011 the current owner has updated all the windows, roof, siding, gutters, furnace and water heater. There is a flat backyard with plenty of green space. Alley access to the two car garage and two additional off street parking spots. Raise rents (and start charging for parking) to match current market rates when the leases end on 5/31/21.

Last Agent to Sell the Property

Jacob Schneider

Century 21 Affiliated - Delafield License #56698-90 Listed on: 03/10/2021

Last Buyer's Agent

Patti Jastroch

First Weber Inc- Greenfield License #49707-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,234

Year Built

  • Built in 1920

Lot Details

  • 5,227

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,765 Sq Ft Home
  • 1.5-Story Property

Basement

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

Additional Features

  • 5,227 Sq Ft Lot
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: tenants personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,234

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: lower level - oven/range, refrigerator and microwave, washer, dryerupper level - oven/range, refrigerator, dishwasher, microwave
  • New Construction: No
  • Year Built: 1920
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 3247 N Cramer St #A
  • Lot Acreage: 0.12
  • 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: 1765.00

Exterior Features

  • Exclusions: tenants personal property
  • Exterior Building Type: 1.5 Story
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 1 Gas Meter
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RS6
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 6234.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 14, 2021
Sold by
Chester Properties Llc
Bought by
Gedemer Patricia A and Gedemer Norbert J
Seller's Agent
Jacob Schneider
Century 21 Affiliated - Delafield
Buyer's Agent
Patti Jastroch
First Weber Inc- Greenfield
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$437,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,705
Avg. Annual Appreciation
5.51%
Original Mortgage
$258,750
Outstanding Balance
$191,970
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$245,735

Purchase Details

Closed on
Mar 15, 2011
Sold by
Nejedlo Eileen M and Cairns Catherine R
Bought by
Chester Properties Llc
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
Gedemer Patricia A $345,000 Jacquart Ronald E
Chester Properties Llc $186,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gedemer Patricia A $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $345,000 0.0% $195 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $345,000 -- $195 / 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 $9,163 $403,500 $99,600 $303,900
2023 $7,874 $333,200 $99,600 $233,600
2022 $7,861 $333,200 $99,600 $233,600
2021 $6,265 $241,100 $78,500 $162,600
2020 $6,234 $241,100 $78,500 $162,600
2019 $5,591 $242,600 $79,000 $163,600
2018 $6,781 $242,600 $79,000 $163,600
2017 $5,946 $220,500 $63,300 $157,200
2016 $6,079 $214,400 $63,300 $151,100
2015 $6,619 $214,400 $63,300 $151,100
2014 $6,346 $214,400 $63,300 $151,100
2013 -- $214,400 $63,300 $151,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jacob Schneider

    Century 21 Affiliated - Delafield

  • P

    Buyer's Agent in 2021

    Patti Jastroch

    First Weber Inc- Greenfield

    (414) 303-3299

    1 in this area

    89 Total Sales

    Patti Jastroch
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Map

Source: Metro MLS

MLS Number: 1729927

Metro MLS

APN: 279-0180-000-1

Wisconsin Milwaukee County Milwaukee 53211 Downer Woods

3247 N Cramer St Unit A, Milwaukee, WI

This home is located at 3247 N Cramer St Unit A, Milwaukee, WI 53211 since 10 March 2021 and is currently estimated at $437,705, approximately $247 per square foot. This property was built in 1920. 3247 N Cramer St Unit A is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

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