NOT LISTED FOR SALE

3916 N Lake Dr Unit B Milwaukee, WI 53211

Estimated Value: $883,000 - $946,000

3 Beds
3 Baths
4,608 Sq Ft
$550/mo HOA Fee

Last Sold August 23, 2024

Last sale price $836,523 $182 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,092/month

16 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Whirlpool Bathtub
  • Atwater Elementary School Rated A
  • Main Floor Primary Bedroom
  • 4-minute walk to Atwater Park

About This Home

As of August 2024

Incredibly rare two story condo in an iconic home on the lake in Shorewood. Upon entering the home, one is greeted by gracious spaces including a handsome living room, as well as a family room and dining room overlooking the lake. The beautifully updated kitchen looks like it was torn from a magazine. The main floor of the condo also includes the primary bedroom with updated bathroom and large walk in wardrobe as well as guest bedroom and bathroom. Upstairs one finds a stately study, recreation spaces, a bedroom, bathroom and laundry room. This timeless home is ideally located among parks, public and private schools, dining shopping and more.

Last Agent to Sell the Property

Falk Ruvin Gallagher Team

Keller Williams Realty-Milwaukee North Shore License #48420-90 Listed on: 05/30/2024

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Jim Schleif

Shorewest Realtors, Inc. License #57036-94

Shorewest Realtors, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,832

Year Built

  • Built in 1916

Lot Details

  • Waterfront

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking
  • 1 to 5 Parking Spaces

Home Design

  • Stucco

Interior Spaces

  • 4,608 Sq Ft Home
  • 2-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Access To Lake
  • Balcony

Schools

  • Atwater Elementary School
  • Shorewood Middle School
  • Shorewood High School

Utilities

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

Listing and Financial Details

  • Exclusions: Seller's personal property, stager's furniture, audio-visual equipment

Community Details

Overview

  • Lina Best Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,832

Year Built

Built in 1916

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Inclusions: Kitchen appliances, microwaves (2), washer, dryer, light fixtures, window treatments, pool table
  • Directions: Capital Drive East to Lake Drive, south on Lake Drive to property
  • New Construction: No
  • Year Built: 1916
  • CondoFeeMonthly: 550.0
  • CondoUnitType: 1.5 Story
  • Full Street Address: 3916 N Lake DRIVE #B
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: Village
  • Other Rm1 Level: Upper
  • Other Rm1 Name: Game Room
  • Property Water Features: Lake, View of Water, Waterfrontage on Lot
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Other
  • Has Basement: Block, Full, Walk Out/Outer Door
  • Interior Amenities: High Speed Internet, In-Unit Laundry, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Whirlpool, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Upper
  • Den Office Level: Upper
  • Dining Room Dining Room Level: Main
  • Family Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 14
  • Second Floor Total Sq Ft: 4608.00

Exterior Features

  • Exclusions: Seller's personal property, stager's furniture, audio-visual equipment
  • Exterior Features: Balcony
  • Exterior Building Type: 2 Story
  • Exterior: Stucco/Slate, (C) Stucco

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space, Assigned

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Lina Best
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 1

Schools

  • Elementary School: Atwater
  • High School: Shorewood
  • Junior High Dist: Shorewood

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Year: 2023
  • Total Taxes: 18832.0

MLS Schools

  • Middle School: Shorewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Aug 16, 2024
Sold by
Rofes Peter K
Bought by
Gousha Michael R and Sprangers Lynn M
Seller's Agent
Falk Ruvin Gallagher Team
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Jim Schleif
Shorewest Realtors, Inc.
List Price
$847,000
Sold Price
$836,523
Premium/Discount to List
-$10,477
-1.24%
Views
118
Current Estimated Value
$910,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,177
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Jun 20, 2012
Sold by
Lebed Rofes Ruth J
Bought by
Rofes Peter K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Gousha Michael R $836,600 Focus Title
Rofes Peter K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rofes Peter K $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $836,523 -1.2% $182 / Sq Ft
06/06/2024 06/06/24 For Sale $847,000 -- $184 / 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 $9,299 $840,900 $149,800 $691,100
2023 -- $840,900 $149,800 $691,100
2022 -- $764,700 $149,800 $614,900
2021 $18,656 $764,700 $614,900 $149,800
2020 $20,641 $764,700 $149,800 $614,900
2019 $20,359 $764,700 $149,800 $614,900
2018 $0 $695,200 $149,800 $545,400
2017 $19,323 $695,200 $149,800 $545,400
2016 $19,323 $695,200 $149,800 $545,400
2015 $18,611 $679,700 $149,800 $529,900
2014 $17,935 $679,700 $149,800 $529,900
2013 $17,656 $679,700 $149,800 $529,900
Source: Public Records

Agents Affiliated with this Home

  • Falk Ruvin Gallagher Team

    Seller's Agent in 2024

    Falk Ruvin Gallagher Team

    Keller Williams Realty-Milwaukee North Shore

    (414) 622-7159

    73 in this area

    1,058 Total Sales

    Falk Ruvin Gallagher Team
    Section Image
  • Jim Schleif

    Buyer's Agent in 2024

    Jim Schleif

    Shorewest Realtors, Inc.

    (414) 313-3346

    23 in this area

    220 Total Sales

    Jim Schleif
    Section Image
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Map

Source: Metro MLS

MLS Number: 1877543

Metro MLS

APN: 277-9990-101

Wisconsin Milwaukee County Milwaukee 53211

3916 N Lake Dr Unit B, Milwaukee, WI

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