NOT LISTED FOR SALE

3618 N 40th St Unit 3620 Milwaukee, WI 53216

Roosevelt Grove Neighborhood

Estimated Value: $163,000 - $187,000

5 Beds
2 Baths
2,380 Sq Ft
$73/Sq Ft Est. Value

About This Home

Check out this spacious all brick duplex in the city of Milwaukee. Whether you are an investor or owner occupy this would be a perfect opportunity for you! The lower unit features 3 bedroom 1 bath with a large dining and living room. The upper unit features 2 bedroom and 1 bathroom. Both units are fully occupied with long term tenants. This property also has a 2-car detached garage with a paved driveway for additional parking space. Do not miss out on this one!

Last Agent to Sell the Property

Shawn Griffin

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #95134-94 Listed on: 07/08/2022

Shorewest Realtors, Inc.

Last Buyer's Agent

Daishun Smith

Shorewest Realtors, Inc. License #95019-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Sellers and Tenants personal property.

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: North on Sherman, head west on Nash until you hit 40th St then to 3618 N 40th 3620 Milwaukee WI.
  • New Construction: No
  • Year Built: 1937
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3618 N 40th ST #3620
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2380.00

Exterior Features

  • Exclusions: Sellers and Tenants personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Brick/Stone, Brick, Stucco/Slate, (C) Stucco

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: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 3396.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Dec 15, 2022
Sold by
King Wanetta M
Bought by
Coleman Paris
Seller's Agent
Shawn Griffin
Shorewest Realtors, Inc.
Buyer's Agent
Daishun Smith
Shorewest Realtors, Inc.
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Views
11
Current Estimated Value
$174,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,700
Avg. Annual Appreciation
14.14%
Original Mortgage
$102,500
Outstanding Balance
$99,424
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$75,276

Purchase Details

Closed on
Feb 13, 1998
Sold by
Jackson Winona A
Bought by
King Wanetta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
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
Coleman Paris $120,000 --
King Wanetta M $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Paris $102,500
Previous Owner King Wanetta M $48,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2023 01/03/23 Off Market $130,000 -- --
08/26/2022 08/26/22 Price Changed $130,000 -7.1% $55 / Sq Ft
08/09/2022 08/09/22 Price Changed $139,900 -6.7% $59 / Sq Ft
07/11/2022 07/11/22 For Sale $150,000 -- $63 / 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 $4,836 $139,300 $6,800 $132,500
2023 $2,498 $105,700 $6,800 $98,900
2022 $3,959 $105,700 $6,800 $98,900
2021 $3,396 $80,000 $6,800 $73,200
2020 $3,316 $80,000 $6,800 $73,200
2019 $3,084 $70,500 $6,700 $63,800
2018 $3,189 $70,500 $6,700 $63,800
2017 $3,062 $70,500 $4,900 $65,600
2016 $3,331 $70,600 $4,900 $65,700
2015 -- $70,600 $4,900 $65,700
2014 -- $70,600 $4,900 $65,700
2013 -- $70,600 $4,900 $65,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shawn Griffin

    Shorewest Realtors, Inc.

    (262) 417-5798

    1 in this area

    31 Total Sales

    Shawn Griffin
    Section Image

  • D

    Buyer's Agent in 2022

    Daishun Smith

    Shorewest Realtors, Inc.

See All Agents

Map

Source: Metro MLS

MLS Number: 1801781

Metro MLS

APN: 268-0523-000-1

Wisconsin Milwaukee County Milwaukee 53216 Roosevelt Grove

3618 N 40th St Unit 3620, Milwaukee, WI

This home is located at 3618 N 40th St Unit 3620, Milwaukee, WI 53216 since 08 July 2022 and is currently estimated at $174,700, approximately $73 per square foot. This property was built in 1937. 3618 N 40th St Unit 3620 is a home located in Milwaukee County with nearby schools including Craig Montessori School, Milwaukee German Immersion School, and La Escuela Fratney.

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