NOT LISTED FOR SALE

3510 N Lake Dr Milwaukee, WI 53211

Estimated Value: $2,479,954 - $3,341,000

8 Beds
6.5 Baths
11,488 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $3,594,225 $313 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $18,739/month

168 Days on Market

Highlights

  • Guest House
  • Access To Lake
  • Waterfront
  • Atwater Elementary School Rated A
  • In Ground Pool
  • 7.3 Acre Lot

About This Home

As of December 2021

A once-in-a-generation opportunity to own one of the most spectacular and significant homes in Shorewood--a classic Georgian Colonial set on 7+ acres of lawns and forest on the shore of Lake Michigan. This remarkable home welcomes you with an elegant foyer leading to rooms of beautiful scale and extraordinary original detail--from the expertly crafted library paneling and ornate plasterwork to the classic light fixtures and multiple fireplaces. The classic floorplan is ideal for today's lifestyles with eat-in kitchen, ensuite bedrooms, gracious living/family rooms, spaces for home offices, fitness and more. With over 600 feet of Lake Michigan frontage, 3 bedroom coach house, elevator, heated in-ground pool and so much more--this perfectly located home is the ultimate in North Shore living.

Last Agent to Sell the Property

Peter Mahler Team*

Mahler Sotheby's International Realty License #58180-90 Listed on: 06/14/2021

Last Buyer's Agent

Ted Dentice

Shorewest Realtors, Inc. License #31825-90

Shorewest Realtors, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,413

Year Built

  • Built in 1923

Lot Details

  • 7.3 Acre Lot
  • Waterfront

Parking

  • 6 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 11,488 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Dual Entry to Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Deck
  • Patio

Additional Homes

  • Guest House

Schools

  • Atwater Elementary School
  • Shorewood Middle School
  • Shorewood High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller's personal property

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,413

Year Built

Built in 1923

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Oven/range, refrigerator, dishwasher, microwave, disposal, washer, dryer, window treatments as shown
  • Directions: East side of Lake Dr. where Edgewood Ave. ends
  • New Construction: No
  • Year Built: 1923
  • Cleared Acreage: Over 5 to 10 acres
  • Architecture: Colonial
  • Full Street Address: 3510 N Lake Dr
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 7.3
  • Municipality Type: Village
  • Other Rm1 Level: Main
  • Other Rm1 Name: Sun/Four Season Room
  • Other Rm2 Name: Bonus Room
  • Property Water Features: Waterfrontage on Lot, Lake, Over 300 feet, View of Water
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Full
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Pantry, Wood or Sim.Wood Floors
  • Bathroom Description: Dual Entry Off Master Bedroom, Master Bedroom Bath: Tub/Shower Combo, Master Bedroom Bath
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Room Bedroom5 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: 17
  • Second Floor Total Sq Ft: 11488.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior Features: Deck, Inground Pool, Patio
  • Exterior Building Type: 2 Story
  • Exterior: Brick, Brick/Stone
  • Out Buildings: Guest House

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 4 Car
  • Garage Spaces: 6.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Shorewood
  • Elementary School: Atwater
  • Middle School: Shorewood
  • High School: Shorewood
  • Elementary School: Atwater
  • High School: Shorewood
  • Junior High Dist: Shorewood

Lot Info

  • Zoning: RES
  • Acreage Range: 5 to 9.99
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2020
  • Total Taxes: 85413.0

MLS Schools

  • Middle School: Shorewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Dec 3, 2021
Sold by
C. Rowe James
Bought by
Jeffrey V & Karin R Hembrock Revocable
Seller's Agent
Peter Mahler Team*
Mahler Sotheby's International Realty
Buyer's Agent
Ted Dentice
Shorewest Realtors, Inc.
List Price
$3,594,225
Sold Price
$3,594,225
Current Estimated Value
$2,910,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$683,748
Avg. Annual Appreciation
-8.21%
Original Mortgage
$2,305,958
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2021
Closed on
Nov 29, 2021
Sold by
Rowe James C and Rowe Cathy E
Bought by
Jeffrey V & Karin R Hembrock Rev Tr
Seller's Agent
Peter Mahler Team*
Mahler Sotheby's International Realty
Buyer's Agent
Ted Dentice
Shorewest Realtors, Inc.
List Price
$3,594,225
Sold Price
$3,594,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,305,958
Interest Rate
3.09%
Mortgage Type
New Conventional
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
Jeffrey V & Karin R Hembrock Revocable -- Capital Title & Closing Servic
Jeffrey V & Karin R Hembrock Rev Tr $3,594,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeffrey V & Karin R Hembrock Rev Tr $2,305,958
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $3,594,225 0.0% $313 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $3,594,225 -- $313 / 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 $34,557 $3,727,500 $1,539,900 $2,187,600
2023 -- $3,073,200 $885,600 $2,187,600
2022 -- $2,985,900 $681,200 $2,304,700
2021 $74,107 $2,985,900 $2,304,700 $681,200
2020 $81,603 $2,985,900 $681,200 $2,304,700
2019 $80,592 $2,985,900 $681,200 $2,304,700
2018 $79,296 $2,801,000 $681,200 $2,119,800
2017 $78,664 $2,801,000 $681,200 $2,119,800
2016 $78,664 $2,801,000 $681,200 $2,119,800
2015 $76,437 $2,765,200 $681,200 $2,084,000
2014 $72,270 $2,711,300 $681,200 $2,030,100
2013 $70,331 $2,711,300 $681,200 $2,030,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1746376

Metro MLS

APN: 277-0006-001