NOT LISTED FOR SALE

3515 W Locust St Unit 3515A Milwaukee, WI 53210

Sherman Park Neighborhood

Estimated Value: $94,000 - $118,000

4 Beds
2 Baths
1,840 Sq Ft
$60/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $62,500 $34 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $694/month

158 Days on Market

Highlights

  • 2 Car Detached Garage
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

As of November 2021

Cozy 2/2 duplex with 1 bathroom in each unit is very desirable with tenants. The building is fully rented for $1,500/month and ready for a new landlord to take the reigns. The seller is retiring and has 400 properties to sell. Buy separately or create a package deal. At this price...buy more! Call today to schedule your showing and make an offer before it is too late!

Last Agent to Sell the Property

Holly Speranza

Root River Realty License #56826-90 Listed on: 06/19/2021

Last Buyer's Agent

Holly Speranza

Root River Realty License #56826-90 Listed on: 06/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $564

Year Built

  • Built in 1930

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants' Personal Items

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$564

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Heading East on W Center St, North on N 35th St to property
  • New Construction: No
  • Year Built: 1930
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3515 W Locust St #3515A
  • Lot Acreage: 0.05
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1840.00

Exterior Features

  • Exclusions: Tenants' Personal Items
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Wood

Garage/Parking

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

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: RT3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 564.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Hawthorne & Sons Properties Llc
Bought by
Cain Lamar
Total Days on Market
158
Current Estimated Value
$109,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,864
Outstanding Balance
$109,539
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,837

Purchase Details

Closed on
Jan 5, 2024
Sold by
Colt Holdings Llc
Bought by
Hawthorne & Sons Properties Ll

Purchase Details

Listed on
Jun 19, 2021
Closed on
Nov 29, 2021
Sold by
Active Properties Llc
Bought by
Colt Holdings Llc
Seller's Agent
Holly Speranza
Root River Realty
Buyer's Agent
Holly Speranza
Root River Realty
List Price
$62,500
Sold Price
$62,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.77%
Original Mortgage
$520,000
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Active Properties Llc

Purchase Details

Closed on
Nov 30, 2006
Sold by
Franklin Jeania L and Franklin Darryl L
Bought by
Deutsche Bank National Trust Co and Mlmi Trust Series 2005-Ari

Purchase Details

Closed on
Apr 21, 2005
Sold by
Kiefert Scott W
Bought by
Crocker Edwindra and Pitchford Demetrius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
8.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 19, 2005
Sold by
Crocker Edwindra A and Pitchford Demetrius C
Bought by
Franklin Darryl L and Franklin Jeania L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
8.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 3, 2003
Sold by
Associates Financial Services Co Inc
Bought by
Kiefert Scott W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,100
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1997
Sold by
Kinlow Fred W and Kinlow Fred
Bought by
Cain Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.81%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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
Cain Lamar $112,000 Executive Title
Hawthorne & Sons Properties Ll $17,500 None Listed On Document
Colt Holdings Llc $195,000 None Available
Active Properties Llc $55,000 None Available
Deutsche Bank National Trust Co $68,020 None Available
Crocker Edwindra $28,000 --
Franklin Darryl L $85,000 --
Kiefert Scott W $25,500 --
Cain Paul L $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cain Lamar $109,864
Previous Owner Colt Holdings Llc $520,000
Previous Owner Active Properties Llc $673,122
Previous Owner Active Properties Llc $96,000
Previous Owner Franklin Darryl L $72,250
Previous Owner Kiefert Scott W $19,100
Previous Owner Cain Paul L $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $62,500 0.0% $34 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $62,500 -- $34 / 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 $945 $40,000 $1,800 $38,200
2022 $979 $40,000 $1,800 $38,200
2021 $672 $24,400 $2,500 $21,900
2020 $664 $24,400 $2,500 $21,900
2019 $551 $38,400 $2,200 $36,200
2018 $1,026 $38,400 $2,200 $36,200
2017 $1,121 $40,100 $1,900 $38,200
2016 $1,256 $42,900 $1,900 $41,000
2015 $1,278 $42,900 $1,900 $41,000
2014 $1,401 $46,100 $1,900 $44,200
2013 -- $46,100 $1,900 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1747634

Metro MLS

APN: 308-0038-000-2