NOT LISTED FOR SALE

3820 S 85th St Milwaukee, WI 53228

Morgan Heights Neighborhood

Estimated Value: $232,000 - $318,000

3 Beds
1 Bath
1,151 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $117,250 $102 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,946/month

62 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • High Speed Internet
  • Golda Meir School Rated A-
  • Forced Air Heating System

About This Home

As of September 2018

Brick, ranch home with NEW ROOF, freshly beamed and dry basement sealed and painted! Three bedroom home with 1 bathroom is ready for your updates inside! Large yard, detached garage and well kept area!

Last Agent to Sell the Property

Eric Muller

EXIT Elite Realty Brokerage Email: info@EXITHorizonsWI.com License #59140-90 Listed on: 07/24/2018

Last Buyer's Agent

James Marquardt

Real Broker Milwaukee License #81689-94

Home Details

Home Type

  • Single Family

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts an alley

Parking

  • 2 Car Detached Garage

Home Design

  • 1,151 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Schools

  • Mitchell Elementary School
  • Wedgewood Park Middle School
  • Hamilton High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5600808000

Home Details

Home Type

Single Family

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.17
  • Directions: W Howard Ave to S 85th St. North to home on the right.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: 1 Story
  • Attribution Contact: info@EXITHorizonsWI.com
  • Property Information:Est Total Sq Ft: 1151
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Has Basement: Full, Block, Sump Pump
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: High Speed Internet

Exterior Features

  • Construction Type: Brick, Wood

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Parking Features: Alley Entrance
  • Garage Type: Detached

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Municipal Sewer

Schools

  • Elementary School: Mitchell
  • Junior High Dist: Milwaukee
  • High School: Hamilton
  • Middle Or Junior School: Wedgewood Park

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 5600808000

Tax Info

  • Tax Annual Amount: 3817.93
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2019
Sold by
Resinvest Partners Llc
Bought by
Resinvest Partners Llc
Current Estimated Value
$287,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,960,000
Outstanding Balance
$2,607,787
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
-$2,320,457

Purchase Details

Listed on
Jul 24, 2018
Closed on
Sep 26, 2018
Sold by
Frestne Ridge Partners Llc
Bought by
Reinvest Pamers Llc
Seller's Agent
Eric Muller
EXIT Elite Realty
Buyer's Agent
James Marquardt
Real Broker Milwaukee
List Price
$129,900
Sold Price
$117,250
Premium/Discount to List
-$12,650
-9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.48%
Original Mortgage
$105,250
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2018
Sold by
U S Bank Trust National Association
Bought by
Preston Ridge Partners Llc

Purchase Details

Closed on
Feb 13, 2018
Sold by
Macias Tammy and Macias Javier
Bought by
Us Bank Trust National Association

Purchase Details

Closed on
Aug 30, 1999
Sold by
Weitzer Joan E
Bought by
Macias Javier and Macias Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1996
Sold by
Flynn Carrie Ann
Bought by
Weitzer Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
7.5%
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
Resinvest Partners Llc -- None Available
Reinvest Pamers Llc $117,300 Attorneys Title Guaranty Fun
Preston Ridge Partners Llc $106,300 None Available
Us Bank Trust National Association -- None Available
Macias Javier $125,000 --
Weitzer Joan E $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resinvest Partners Llc $2,960,000
Closed Reinvest Pamers Llc $105,250
Previous Owner Macias Javier $100,000
Previous Owner Weitzer Joan E $89,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $117,250 -9.7% $102 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $129,900 -- $113 / 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 $5,209 $231,000 $45,500 $185,500
2023 $4,520 $191,300 $45,500 $145,800
2022 $4,684 $191,300 $45,500 $145,800
2021 $4,800 $177,200 $45,500 $131,700
2020 $5,398 $177,200 $45,500 $131,700
2019 $4,140 $149,300 $45,700 $103,600
2018 $3,633 $149,300 $45,700 $103,600
2017 $3,818 $147,300 $47,900 $99,400
2016 $5,213 $142,400 $47,900 $94,500
2015 $5,595 $142,400 $47,900 $94,500
2014 $3,929 $138,300 $47,900 $90,400
2013 -- $134,300 $47,900 $86,400
Source: Public Records

Agents Affiliated with this Home

  • Eric Muller

    Seller's Agent in 2018

    Eric Muller

    EXIT Elite Realty

    (414) 369-0558

    151 Total Sales

    Eric Muller
    Section Image
  • James Marquardt

    Buyer's Agent in 2018

    James Marquardt

    Real Broker Milwaukee

    (414) 704-3374

    21 Total Sales

    James Marquardt
    Section Image
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Map

Source: Metro MLS

MLS Number: 1596966

Metro MLS

APN: 560-0808-000-9

Wisconsin Milwaukee County Milwaukee 53228 Morgan Heights

3820 S 85th St, Milwaukee, WI

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