NOT LISTED FOR SALE

3307 N Summit Ave Milwaukee, WI 53211

Downer Woods Neighborhood

Estimated Value: $460,167 - $606,000

3 Beds
3 Baths
4,395 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $305,000 $69 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,583/month

32 Days on Market

Highlights

  • Enclosed Parking
  • Golda Meir School Rated A-
  • Hot Water Heating System

About This Home

As of October 2019

Architect Robert C Spencer Jr. built this Prairie School style home as a single family home for his parents in 1903. Robert C Spencer Jr & Frank Lloyd Wright worked together to develop a new architectural style known as the Prairie School. This light filled spacious home is located in the Kenwood Park Historic District - East Side of Milwaukee. Fabulous location for a home that has old world charm & a rich history. Would you like to shape the future of this home? Bring it back to life as a triplex or maybe all the way back to a single family home. So many choices! Home being sold in as-is condition. Seller repaired roof leak, but not interior damage. Water damage in the 1st floor kit & bath is from the 2nd floor bath leak. Seller has never used the fireplaces. See attached feature sheet.

Last Agent to Sell the Property

Mary Zaharias

North Shore Homes, Inc. License #47475-94 Listed on: 09/24/2019

Last Buyer's Agent

Russ Wasserman

Milwaukee Executive Realty, LLC License #56804-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 0.25 Acre Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,395 Sq Ft Home
  • Multi-Level Property

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Seller's personal property

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Refrigerator in the first floor unit (as-is condition)
  • Directions: Lake Dr to Hartford Ave - West to Summit Ave - Home on the NW corner of Summit Ave and Hartford Ave.
  • New Construction: No
  • Year Built: 1903
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 3307 N Summit AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.25
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Brick, Full, Laundry Facilities
  • Second Floor Total Sq Ft: 4395.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Indoor Space
  • Garage/Parking: Outdoor Space, 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: RS5
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2018
  • Total Taxes: 11187.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Oct 29, 2019
Sold by
Russell Mary Carroll
Bought by
Foxbeach Llc
Seller's Agent
Mary Zaharias
North Shore Homes, Inc.
Buyer's Agent
Russ Wasserman
Milwaukee Executive Realty, LLC
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$537,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,792
Avg. Annual Appreciation
9.28%
Original Mortgage
$259,000
Outstanding Balance
$229,277
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$285,641
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
Foxbeach Llc $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foxbeach Llc $259,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $305,000 0.0% $69 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $305,000 -- $69 / 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 $8,920 $388,100 $240,400 $147,700
2023 $7,722 $326,800 $190,800 $136,000
2022 $7,820 $326,800 $190,800 $136,000
2021 $8,003 $303,300 $143,500 $159,800
2020 $8,218 $303,300 $143,500 $159,800
2019 $9,581 $429,800 $158,700 $271,100
2018 $11,120 $429,800 $158,700 $271,100
2017 $10,659 $390,700 $112,900 $277,800
2016 $11,148 $388,700 $112,900 $275,800
2015 $10,997 $375,100 $112,900 $262,200
2014 $10,797 $360,700 $112,900 $247,800
2013 -- $360,700 $112,900 $247,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mary Zaharias

    North Shore Homes, Inc.

  • R

    Buyer's Agent in 2019

    Russ Wasserman

    Milwaukee Executive Realty, LLC

    (414) 737-5348

    2 Total Sales

    Russ Wasserman
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Map

Source: Metro MLS

MLS Number: 1660758

Metro MLS

APN: 278-0285-000-5

Wisconsin Milwaukee County Milwaukee 53211 Downer Woods

3307 N Summit Ave, Milwaukee, WI

This home is located at 3307 N Summit Ave, Milwaukee, WI 53211 since 24 September 2019 and is currently estimated at $537,792, approximately $122 per square foot. This property was built in 1903. 3307 N Summit Ave 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.

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