NOT LISTED FOR SALE

3278 N Shepard Ave Unit 3280 Milwaukee, WI 53211

Downer Woods Neighborhood

Estimated Value: $456,000 - $529,000

6 Beds
2 Baths
3,188 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $226,000 $71 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,347/month

22 Days on Market

About This Home

As of August 2013

This large duplex is conveniently located close to UWM and offers excellent rental marketability! 4 bedrooms in each unit! Hardwood floors! Natural fireplaces! This property is approved for HomePath Renovation Mortgage Financing. Agents: See Private Remarks PRIOR to drafting an offer! Seller has special requirements regarding offer submission.

Last Agent to Sell the Property

Sue Oelke

Whitten Realty License #51364-90 Listed on: 07/08/2013

Last Buyer's Agent

Amanda Lowney

The Rosemont Group LLC License #52510-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,188 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Kenwood to Shepard; north to home.
  • New Construction: No
  • Year Built: 1909
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3278 N Shepard AVENUE
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 3188.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None

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: RS5
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2012
  • Total Taxes: 7393.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2020
Sold by
Lowney Tammy
Bought by
Schneider Alexander K and Schneider William R
Current Estimated Value
$491,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$262,677
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$246,909

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 21, 2013
Sold by
Fannie Mae
Bought by
Lowney Tammy
Seller's Agent
Sue Oelke
Whitten Realty
Buyer's Agent
Amanda Lowney
The Rosemont Group LLC
List Price
$226,000
Sold Price
$226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$169,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2013
Sold by
Lubbad Bassam A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 10, 1999
Sold by
Drescher Michael D
Bought by
Lubbad Bassam A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schneider Alexander K $367,500 None Available
Lowney Tammy -- None Available
Federal National Mortgage Association -- None Available
Lubbad Bassam A $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Alexander K $294,000
Previous Owner Lowney Tammy $169,500
Previous Owner Lubbad Bassam A $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2013 08/23/13 Sold $226,000 0.0% $71 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $226,000 -- $71 / 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 $9,010 $396,800 $209,000 $187,800
2023 $8,455 $357,800 $165,900 $191,900
2022 $8,447 $357,800 $165,900 $191,900
2021 $9,144 $350,700 $124,800 $225,900
2020 $9,102 $350,700 $124,800 $225,900
2019 $8,456 $260,400 $124,800 $135,600
2018 $6,671 $260,400 $124,800 $135,600
2017 $7,036 $260,400 $79,000 $181,400
2016 $7,488 $263,500 $79,000 $184,500
2015 -- $254,300 $79,000 $175,300
2014 -- $244,500 $79,000 $165,500
2013 -- $244,500 $79,000 $165,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sue Oelke

    Whitten Realty

  • A

    Buyer's Agent in 2013

    Amanda Lowney

    The Rosemont Group LLC

See All Agents

Map

Source: Metro MLS

MLS Number: 1319867

Metro MLS

APN: 278-0256-000-7

Wisconsin Milwaukee County Milwaukee 53211 Downer Woods

3278 N Shepard Ave Unit 3280, Milwaukee, WI

This home is located at 3278 N Shepard Ave Unit 3280, Milwaukee, WI 53211 since 08 July 2013 and is currently estimated at $491,510, approximately $154 per square foot. This property was built in 1909. 3278 N Shepard Ave Unit 3280 is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes