NOT LISTED FOR SALE

3607 S Clement Ave Unit 3609 Milwaukee, WI 53207

Tippecanoe Neighborhood

Estimated Value: $361,000 - $413,000

4 Beds
2 Baths
2,348 Sq Ft
$166/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $213,000 $91 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,620/month

74 Days on Market

About This Home

As of December 2020

NEW PRICE. Seller is motivated. This Bay View duplex brings great opportunities to a new buyer! Live in one unit and rent the other, or rent both. Either way, it provides a great investment opportunity! Current upstairs renter pays $730 per month and has occupied the unit for a number of years. The downstairs unit was recently vacated and that renter paid a similar rent. The owner has never had trouble renting either unit. This duplex is located in a desirable area of Bayview and is on the bus line and with shopping choices directly across the street. This duplex also includes a two-car detached garage AND a parking pad for two additional cars. Don't wait! This one will not last long!

Last Agent to Sell the Property

Rick Drake

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #87509-94 Listed on: 09/04/2020

Shorewest Realtors, Inc.

Last Buyer's Agent

Jeremy Trad

MKE Realty Group LLC License #58309-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,348 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: East on Oklahoma Avenue to Clement Avenue. South on Clement Avenue to 3607-3609 South Clement Avenue on west side of street.
  • New Construction: No
  • Year Built: 1960
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3607 S Clement AVENUE #3609
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2348.00

Exterior Features

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

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: LB2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2019
  • Total Taxes: 5437.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Dec 30, 2020
Sold by
Ormond Glenn S and Ormond Toni M
Bought by
Byme Shelby and Byme Erin E
Seller's Agent
Rick Drake
Shorewest Realtors, Inc.
Buyer's Agent
Jeremy Trad
MKE Realty Group LLC
List Price
$213,000
Sold Price
$213,000
Current Estimated Value
$388,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,667
Avg. Annual Appreciation
13.26%
Original Mortgage
$205,891
Outstanding Balance
$183,726
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$204,941

Purchase Details

Closed on
Dec 31, 1997
Sold by
Ormond Richard R and Ormond Elaine M
Bought by
Ormond Glenn S and Ormond Toni M
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
Byme Shelby $213,000 None Available
Ormond Glenn S $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byme Shelby $205,891
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $213,000 0.0% $91 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $213,000 -- $91 / 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 $6,917 $305,500 $23,300 $282,200
2023 $5,967 $252,500 $23,300 $229,200
2022 $5,939 $252,500 $23,300 $229,200
2021 $6,304 $242,600 $23,400 $219,200
2020 $6,273 $242,600 $23,400 $219,200
2019 $5,437 $189,700 $23,700 $166,000
2018 $4,841 $189,700 $23,700 $166,000
2017 $4,860 $180,700 $24,100 $156,600
2016 $4,652 $164,700 $24,100 $140,600
2015 -- $164,700 $24,100 $140,600
2014 -- $155,900 $24,100 $131,800
2013 -- $164,000 $24,100 $139,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rick Drake

    Shorewest Realtors, Inc.

    (414) 750-6322

    1 in this area

    14 Total Sales

    Rick Drake
    Section Image

  • J

    Buyer's Agent in 2020

    Jeremy Trad

    MKE Realty Group LLC

See All Agents

Map

Source: Metro MLS

MLS Number: 1708238

Metro MLS

APN: 547-0401-120-5

Wisconsin Milwaukee County Milwaukee 53207 Tippecanoe

3607 S Clement Ave Unit 3609, Milwaukee, WI

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