NOT LISTED FOR SALE

3550 S 41st St Unit 3550 Milwaukee, WI 53221

Alverno Neighborhood

Estimated Value: $261,000 - $279,063

2 Beds
2 Baths
1,454 Sq Ft
$350/mo HOA Fee

Last Sold May 25, 2021

Last sale price $214,000 $147 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,202/month

2 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • En-Suite Primary Bedroom
  • Golda Meir School Rated A-
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Lovely 2-bedroom 2 bath newer condo in Cherokee Point Condos with 2 car garage attached. Open concept, bright, family great room with fireplace and vaulted ceilings. The condo has nice flow with a private entrance and outdoor patio. Primary bedroom has a full bathroom with a walk-in closet. NEW stainless steel over the range microwave and refrigerator. This condo is a must see! Please present your best and final offer!

Last Agent to Sell the Property

lasharle borg

Compass RE WI-Northshore License #66172-94 Listed on: 02/16/2023

Compass RE WI-Northshore

Last Buyer's Agent

Holly Korzeniewski

Mahler Sotheby's International Realty License #94190-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,411

Year Built

  • Built in 2005

Lot Details

  • 3,790

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Surface Parking

Home Design

  • Brick Exterior Construction
  • Aluminum Trim

Interior Spaces

  • 1,454 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller personal property

Community Details

Overview

  • 40 Units
  • Cherokee Point Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,411

Year Built

Built in 2005

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Range/Oven, Dishwasher, Microwave, Kitchen Tv, Laundry Tv, Washer/Dryer
  • Directions: West Morgan Avenue to S 41st Street. South to unit.
  • New Construction: No
  • Year Built: 2005
  • CondoFeeMonthly: 350.0
  • CondoUnitType: 1 Story
  • Full Street Address: 3550 S 41st STREET #3550
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Master Bedroom Bath: Tub/Shower Combo, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 Level: Main
  • Den Office Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 16
  • Second Floor Total Sq Ft: 1454.00

Exterior Features

  • Exclusions: Seller personal property
  • Exterior Features: Patio/Porch, Private Entry
  • Exterior Building Type: 2 Story
  • Exterior: Aluminum/Steel, Brick, Brick/Stone, Aluminum Trim

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: Surface

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Cherokee Point
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 40

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: Res

Tax Info

  • Tax Year: 2021
  • Total Taxes: 4411.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 8, 2023
Sold by
Yarbrough Kenny E
Bought by
Gifford Melanie and Shawlin Christopher
Seller's Agent
lasharle borg
Compass RE WI-Northshore
Buyer's Agent
Holly Korzeniewski
Mahler Sotheby's International Realty
List Price
$220,500
Sold Price
$222,500
Premium/Discount to List
$2,000
0.91%
Views
515
Current Estimated Value
$269,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,266
Avg. Annual Appreciation
7.60%
Original Mortgage
$178,000
Outstanding Balance
$172,412
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$97,354

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 19, 2021
Sold by
Ellefson Dean and Ellefson Karen
Bought by
Yarbrough Kenny E
Seller's Agent
Anna Flores
Shorewest Realtors, Inc.
Buyer's Agent
Shar Borg Team*
First Weber Inc -NPW
List Price
$214,000
Sold Price
$214,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$203,300
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2020
Sold by
Patterson Leeanna K
Bought by
Ellefson Dean and Ellefson Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2014
Sold by
Plca Jason A
Bought by
Patterson Leeanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2012
Sold by
Chokkalingam Namasivayam and Namasivayam Sarojini
Bought by
Pica Jason A and Patterson Leeanna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
2.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2007
Sold by
Cherokee Point Bau Werk Inc
Bought by
Chokkalingam Namasivayam and Namasivayam Sarojini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.49%
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
Gifford Melanie $222,500 --
Yarbrough Kenny E $214,000 None Available
Ellefson Dean $185,000 None Available
Patterson Leeanna $162,000 None Available
Pica Jason A $112,000 None Available
Chokkalingam Namasivayam $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gifford Melanie $178,000
Previous Owner Yarbrough Kenny E $203,300
Previous Owner Ellefson Dean $129,500
Previous Owner Patterson Leeanna $88,000
Previous Owner Pica Jason A $89,600
Previous Owner Chokkalingam Namasivayam $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2023 04/02/23 Off Market $220,500 -- --
02/16/2023 02/16/23 For Sale $220,500 +3.0% $152 / Sq Ft
05/25/2021 05/25/21 Sold $214,000 0.0% $147 / Sq Ft View Prior Sale
04/19/2021 04/19/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $214,000 -- $147 / 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 $5,250 $232,800 $13,500 $219,300
2023 $5,383 $227,800 $13,500 $214,300
2022 $5,351 $227,800 $13,500 $214,300
2021 $4,342 $167,900 $13,500 $154,400
2020 $4,319 $167,900 $13,500 $154,400
2019 $4,150 $157,200 $13,500 $143,700
2018 $4,000 $157,200 $13,500 $143,700
2017 $3,759 $140,400 $13,500 $126,900
2016 $3,954 $140,400 $13,500 $126,900
2015 $4,502 $156,100 $13,500 $142,600
2014 $4,844 $164,300 $13,500 $150,800
2013 -- $179,000 $13,500 $165,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1824937

Metro MLS

APN: 554-0211-000-6