NOT LISTED FOR SALE

3801 N Lake Dr Milwaukee, WI 53211

Estimated Value: $1,720,000 - $2,223,000

5 Beds
4.5 Baths
6,285 Sq Ft
$310/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $1,899,500 $302 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,934/month

25 Days on Market

Highlights

  • 0.35 Acre Lot
  • 2 Car Attached Garage
  • Walk-In Closet
  • Atwater Elementary School Rated A
  • Bathtub
  • Patio

About This Home

As of July 2024

This stately Shorewood beauty boasts beautiful woodwork, plaster details & an abundance of windows. Situated on a corner, this light-filled home has a wonderful chef's kitchen with white cabinetry, limestone counters, high end stainless appliances, a zinc topped buffet serving area and a dining area. Step into the stunning paneled DR and then move to the huge sunken LR and paneled sitting area with gorgeous FP. Amazing flow for entertaining & living. Upstairs offers 5 beds & 4 baths. Primary is very large and light filled with an amazing ensuite bath and many spacious closets. LL has a large family room, bar area, exercise space, new boiler, and tons of storage. Large attached garage, stunning hardscaping and fully matured lovely landscaping. Short walk to the lake, parks and schools.

Last Agent to Sell the Property

Falk Ruvin Gallagher Team

Keller Williams Realty-Milwaukee North Shore License #48420-90 Listed on: 03/26/2024

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Jay Schmidt

Keller Williams Realty-Milwaukee North Shore License #57868-90

Keller Williams Realty-Milwaukee North Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,206

Year Built

  • Built in 1929

Lot Details

  • 0.35 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,285 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub

Outdoor Features

  • Patio

Schools

  • Shorewood Middle School
  • Shorewood High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Sellers personal property, audio-visual equiptment.

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,206

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Kitchen appliances, washer, dryer, light fixtures, window treatments, pool table in LL rec room, front patio table, mounted TV in living room, weight equipment in LL.
  • Directions: On the corner of Lake Dr and Beverly Rd in Shorewood.
  • New Construction: No
  • Year Built: 1929
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 3801 N Lake DRIVE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.35
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Has Basement: Full, Partially Finished
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Master Bedroom Bath
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Room Bedroom5 Level: Upper
  • Den Office Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 17
  • Second Floor Total Sq Ft: 6285.00

Exterior Features

  • Exclusions: Sellers personal property, audio-visual equiptment.
  • Exterior Features: Patio, Sprinkler System
  • Exterior Building Type: 2 Story
  • Exterior: Brick, Brick/Stone

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Shorewood
  • Middle School: Shorewood
  • High School: Shorewood
  • High School: Shorewood
  • Junior High Dist: Shorewood

Lot Info

  • Zoning: RES
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2023
  • Total Taxes: 39206.0

MLS Schools

  • Middle School: Shorewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Jun 26, 2024
Sold by
John S Scheid S and John Deborah K
Bought by
Lerner Benjamin M and Saving Allegra M
Seller's Agent
Falk Ruvin Gallagher Team
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Jay Schmidt
Keller Williams Realty-Milwaukee North Shore
List Price
$1,899,500
Sold Price
$1,899,500
Views
136
Current Estimated Value
$1,951,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,942
Avg. Annual Appreciation
2.16%
Original Mortgage
$1,709,550
Outstanding Balance
$1,689,673
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$261,769

Purchase Details

Closed on
Aug 1, 2019
Sold by
Scheid John S and Scheid Deborah K
Bought by
John S Scheid & Deborah K Scheid Rev Tr

Purchase Details

Closed on
Dec 10, 2001
Sold by
Cohernour David C and Cohernour Elizabeth N
Bought by
Scheid John S and Scheid Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2000
Sold by
Bayoff Thomas S and Bayoff Colleen P
Bought by
Cohernour David C and Cohernour Elizabeth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Lerner Benjamin M $1,899,500 Focus Title
John S Scheid & Deborah K Scheid Rev Tr -- None Available
Scheid John S $947,500 --
Cohernour David C $872,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerner Benjamin M $1,709,550
Previous Owner Scheid John S $275,000
Previous Owner Cohernour David C $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $1,899,500 0.0% $302 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $1,899,500 -- $302 / 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 $19,054 $1,742,700 $303,500 $1,439,200
2023 -- $1,703,100 $263,900 $1,439,200
2022 -- $1,397,600 $263,900 $1,133,700
2021 $0 $1,397,600 $1,133,700 $263,900
2020 $38,012 $1,397,600 $263,900 $1,133,700
2019 $37,522 $1,397,600 $263,900 $1,133,700
2018 $0 $1,311,100 $263,900 $1,047,200
2017 $36,679 $1,311,100 $263,900 $1,047,200
2016 $36,679 $1,311,100 $263,900 $1,047,200
2015 $36,878 $1,338,500 $263,900 $1,074,600
2014 $34,822 $1,311,100 $263,900 $1,047,200
2013 $33,736 $1,311,100 $263,900 $1,047,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1869019

Metro MLS

APN: 277-0035-000