NOT LISTED FOR SALE

3478 N Downer Ave Unit 3480 Milwaukee, WI 53211

Downer Woods Neighborhood

Estimated Value: $448,000 - $505,772

6 Beds
2 Baths
2,654 Sq Ft
$179/Sq Ft Est. Value

About This Home

Investor's take note! This jumbo 3/3 bedroom duplex with great curb appeal is in a prime location across the street from UWM and the border of Shorewood. Each unit is a mirror image of the other. They both feature hardwood floors, formal dining rooms, living rooms, built in's, coved ceilings and sunrooms. The kitchens come equipped with ovens/ranges, refrigerators and dishwashers. Washers and dryers in the basement plus extra storage. There is also a bonus walk up attic. In addition, there is a driveway entrance leading to a 2 car garage and extra off street parking spaces. This is a great feature for tenants/owners who live on the parking challenged Eastside. Premium rent opportunity+location=a great investment! ********

Andrew Meurer

Milwaukee Executive Realty, LLC License #56982-90 Listed on: 12/26/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,087

Year Built

  • Built in 1923

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2.5 Car Garage

Home Design

  • 2,654 Sq Ft Home

Basement

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

Listing and Financial Details

  • Assessor Parcel Number 2780706000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,087

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.13
  • Directions: Edgewood Ave to Downer, South to Address.
  • Year Built: 1923
  • Special Features: None
  • Stories: 0

Interior Features

  • Has Basement: Full, Block
  • ResoLivingAreaSource: PublicRecords

Garage/Parking

  • Garage Spaces: 2.5

Lot Info

  • Parcel #: 2780706000
  • Zoning Description: RT2
  • Zoning: RT2

Tax Info

  • Tax Annual Amount: 8087
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Ocean Pacific Properties Llc
Bought by
3478 Downer Llc
Total Days on Market
0
Current Estimated Value
$474,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$280,590
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$194,353

Purchase Details

Closed on
Nov 7, 2016
Sold by
Schmidt Allison R
Bought by
Ocean Pacific Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2016
Sold by
Kluczinske David L and Kluczinske Marlene J
Bought by
Schmidt Allison R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2007
Sold by
Baum David C
Bought by
Kluczinske David L and Kluczinske Marlene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
3478 Downer Llc $360,000 --
Ocean Pacific Properties Llc -- None Available
Schmidt Allison R $328,000 Priority Title Corporation
Kluczinske David L $319,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3478 Downer Llc $288,000
Previous Owner Schmidt Allison R $246,000
Previous Owner Kluczinske David L $229,500
Previous Owner Kluczinske David L $239,000
Previous Owner Baum David C $380,000
Previous Owner Baum David C $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2023 04/02/23 Off Market $395,000 -- --
12/26/2022 12/26/22 For Sale $395,000 -- $149 / 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
2023 $8,098 $342,700 $75,200 $267,500
2022 $8,087 $342,700 $75,200 $267,500
2021 $8,879 $340,600 $79,100 $261,500
2020 $8,838 $340,600 $79,100 $261,500
2019 $8,868 $340,700 $79,600 $261,100
2018 $8,748 $340,700 $79,600 $261,100
2017 $8,382 $309,700 $63,900 $245,800
2016 $7,169 $252,400 $63,900 $188,500
2015 -- $252,400 $63,900 $188,500
2014 -- $252,400 $63,900 $188,500
2013 -- $252,400 $63,900 $188,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1820963

Metro MLS

APN: 278-0706-000-2