NOT LISTED FOR SALE

Estimated Value: $259,000 - $273,165

6 Beds
3 Baths
2,550 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $215,000 $84 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,745/month

1 Day on Market

About This Home

As of May 2021

Beautifully updated 7 BR 3 BA duplex! Main unit boasts two floors of living with large 4th bedroom on lower level (legal egress window). 3 bedroom upper unit has refinished HWF's and spacious layout. House comes with a 2 car garage + 2 car slab. Low maintenance aluminum and brick siding. All appliances are included!Total rents of $2500/mo and can be increased to $3000/mo based on market averages. Units are currently rented with upper unit set to transition to M2M lease May 1, see additional documents for details. Tenants pay all utilities and are current on rent.

Last Agent to Sell the Property

Joseph Knight

Homestead Realty, Inc License #90044-94 Listed on: 03/27/2021

Last Buyer's Agent

Christopher Antonicci

Doering & Co Real Estate, LLC License #83565-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 1955

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Aluminum Trim

Interior Spaces

  • Bathroom on Main Level
  • 2,550 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,612

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Fridges (3), stoves (3), washer (2), dryer (2), AC Units (3)
  • New Construction: No
  • Year Built: 1955
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3530 N 85th St
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Poured Concrete, Full
  • Bathroom Description: Full on Lower
  • Second Floor Total Sq Ft: 2550.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Brick/Stone, Brick, Aluminum Trim

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3612.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 10, 2021
Sold by
Knight Joseph M
Bought by
Coates Alexander V
Seller's Agent
Joseph Knight
Homestead Realty, Inc
Buyer's Agent
Christopher Antonicci
Doering & Co Real Estate, LLC
List Price
$215,000
Sold Price
$215,000
Total Days on Market
1
Current Estimated Value
$266,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,041
Avg. Annual Appreciation
5.45%
Original Mortgage
$211,105
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2019
Sold by
Knight & Company Llc
Bought by
Knight Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2019
Sold by
Knight E Roger and Knight Susan
Bought by
Knight And Company Llc

Purchase Details

Closed on
Apr 12, 1996
Sold by
Firstar Bank Milwaukee Na
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1996
Sold by
Federal National Mortgage Association
Bought by
Knight E Roger and Knight Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Coates Alexander V $215,000 None Available
Knight Joseph M -- None Available
Knight And Company Llc $97,000 None Available
Federal National Mortgage Association $88,700 --
Knight E Roger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coates Alexander V $211,105
Previous Owner Knight Joseph M $117,600
Previous Owner Knight E Roger $96,000
Previous Owner Knight E Roger $64,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $215,000 0.0% $84 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $215,000 -- $84 / 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 $3,993 $169,000 $17,200 $151,800
2022 $3,951 $169,000 $17,200 $151,800
2021 $3,792 $140,900 $17,200 $123,700
2020 $3,612 $140,900 $17,200 $123,700
2019 $3,683 $138,200 $18,600 $119,600
2018 $3,509 $138,200 $18,600 $119,600
2017 $3,699 $138,200 $18,000 $120,200
2016 $3,624 $128,900 $18,000 $110,900
2015 -- $128,900 $18,000 $110,900
2014 -- $128,900 $18,000 $110,900
2013 -- $123,900 $18,000 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1732249

Metro MLS

APN: 262-0360-000-2