NOT LISTED FOR SALE

3340 N Summit Ave Milwaukee, WI 53211

Downer Woods Neighborhood

Estimated Value: $786,000 - $848,000

6 Beds
3.5 Baths
3,755 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $774,000 $206 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,503/month

3 Days on Market

Highlights

  • Whirlpool Bathtub
  • 2 Car Detached Garage
  • Walk-In Closet
  • Golda Meir School Rated A-
  • Wet Bar
  • Patio

About This Home

As of June 2024

Pride of ownership shines in this gracious 6 bd, 3.5 ba brick colonial on a quiet street in the Downer Woods neighborhood. The welcoming entry opens to an impressive foyer w/ grand staircase. Oversized LR w/ natural fireplace & plenty of room for a grand piano. Lrg DR w/ custom burlwood & oak cabinetry w/ adjacent step up storybook den/sunroom. Eat-in kitchen w/ large butler's pantry & prep sink waiting for your ideas! Upstairs you'll find 4 bedrooms, including a spacious primary w/en-suite, full hallway bath, & 2 lrg balconies. Third floor offers 2 bedrooms & full bath perfect for guests or home office. Leaded glass windows & closets galore! Large mudroom. Private backyard w/ professionally maintained trees & gardens. Navien High effic/capacity tankless boiler/HWH An eastside gem!

Last Agent to Sell the Property

Jay Schmidt

Keller Williams Realty-Milwaukee North Shore License #57868-90 Listed on: 05/16/2024

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Linda Hanson

First Weber Inc -NPW License #87251-94

First Weber Inc -NPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,089

Year Built

  • Built in 1923

Lot Details

  • 6,970

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 3,755 Sq Ft Home
  • Wet Bar
  • Home Security System

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet

Additional Features

  • Patio
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Staging items and personal property.

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,089

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Oven/range, wall oven, refrigerator, dishwasher, kitchen water filter, basement: freezer, refrigerator, wine fridge, attached cabinetry, washer, dryer, security system, all window treatments.
  • Directions: West on Edgewood Blvd from Lake Dr. South on Summit. Home on east side second block
  • New Construction: No
  • Year Built: 1923
  • Cleared Acreage: Less than 1/2
  • Architecture: Colonial
  • Full Street Address: 3340 N Summit AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.16
  • Municipality Type: City
  • Other Rm1 Level: Main
  • Other Rm1 Name: Sun/Four Season Room
  • Other Rm2 Name: Foyer
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: 8'+ Ceiling, Full, Partially Finished, Sump Pump
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Pantry, Security System, Walk-in closet(s), Wet Bar
  • Bathroom Description: Tub Only, Ceramic Tile, Whirlpool, Master Bedroom Bath: Walk-In Shower, Shower Over Tub
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Den Office Level: Main
  • Dining Room Dining Room Level: Main
  • Family Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 20
  • Second Floor Total Sq Ft: 3755.00

Exterior Features

  • Exclusions: Staging items and personal property.
  • Exterior Features: Patio
  • Exterior Building Type: Tri-Level
  • Exterior: Brick, Brick/Stone

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RES
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2023
  • Total Taxes: 13089.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 10, 2024
Sold by
Henry Burko Survivors Trust
Bought by
Rugg Cheryl and Christenson Steven
Seller's Agent
Jay Schmidt
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Linda Hanson
First Weber Inc -NPW
List Price
$699,900
Sold Price
$774,000
Premium/Discount to List
$74,100
10.59%
Views
14
Current Estimated Value
$824,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,107
Avg. Annual Appreciation
2.69%
Original Mortgage
$574,000
Outstanding Balance
$569,113
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$230,957

Purchase Details

Closed on
Apr 2, 2021
Sold by
Burko Henry
Bought by
Burko Henry and Burko Terry
Source: Public Records

Range of Values:

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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
Rugg Cheryl $774,000 None Listed On Document
Burko Henry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rugg Cheryl $574,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $774,000 +10.6% $206 / Sq Ft
05/30/2024 05/30/24 For Sale $699,900 -- $186 / 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 $13,814 $618,600 $221,500 $397,100
2023 $13,427 $568,200 $175,800 $392,400
2022 $13,215 $568,200 $175,800 $392,400
2021 $12,881 $502,300 $132,300 $370,000
2020 $12,885 $502,300 $132,300 $370,000
2019 $13,202 $552,500 $140,100 $412,400
2018 $14,066 $552,500 $140,100 $412,400
2017 $14,442 $536,400 $94,300 $442,100
2016 $14,886 $526,200 $94,300 $431,900
2015 $14,728 $508,900 $94,300 $414,600
2014 $14,452 $489,400 $94,300 $395,100
2013 -- $489,400 $94,300 $395,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jay Schmidt

    Keller Williams Realty-Milwaukee North Shore

    (414) 517-7716

    14 in this area

    1,638 Total Sales

    Jay Schmidt
    Section Image

  • L

    Buyer's Agent in 2024

    Linda Hanson

    First Weber Inc -NPW

    (262) 365-1588

    1 in this area

    26 Total Sales

    Linda Hanson
    Section Image
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Map

Source: Metro MLS

MLS Number: 1875668

Metro MLS

APN: 278-0745-000-5

Wisconsin Milwaukee County Milwaukee 53211 Downer Woods

3340 N Summit Ave, Milwaukee, WI

This home is located at 3340 N Summit Ave, Milwaukee, WI 53211 since 16 May 2024 and is currently estimated at $824,107, approximately $219 per square foot. This property was built in 1923. 3340 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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