NOT LISTED FOR SALE

3920 N Maryland Ave Unit 3922 Milwaukee, WI 53211

Estimated Value: $582,000 - $651,000

6 Beds
2 Baths
3,287 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $467,000 $142 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,750/month

10 Days on Market

Highlights

  • 2 Car Detached Garage
  • Atwater Elementary School Rated A
  • Asbestos

About This Home

As of June 2021

Great opportunity to invest in the sought after community of Shorewood. Duplex is currently cash flowing over $500/mo. Upper unit is leased through 8/31/22 and Lower unit will be MTM as of 5/31/21 opening the possibility to those who wish to owner occupy. Each unit has 3 bedrooms 1 full bath and outdoor porch or deck. Upper unit has 840 sq ft usable finished attic space (not included in sq footage) along with an updated kitchen, bathroom and refreshed paint. Lower unit is well maintained, neutral and prime for increasing the rental value as it is currently rented under value to a long term tenant. Located just minutes from shopping, restaurants ,UW Milwaukee and Lake Michigan. (upper photos were taken prior to current tenant occupancy) Sold As-Is

Last Agent to Sell the Property

The Gamez Team*

Coldwell Banker Elite Brokerage Email: info@cb-elite.com License #58359-90 Listed on: 05/06/2021

Coldwell Banker Elite

Last Buyer's Agent

Catherine Cooper

Coldwell Banker Realty License #57774-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,091

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Asbestos

Interior Spaces

  • 3,287 Sq Ft Home
  • 2-Story Property

Basement

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

Schools

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

Community Details

  • 2 Units
  • John Harvey Myers #1 Subdivision

Listing and Financial Details

  • Exclusions: Tenants Personal Property, Sellers Personal Property, All Window Coverings, Microwave in Lower Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,091

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Refrigerators (2), Electric Stove/Oven(Lower), Gas Stove/Oven (Upper). Microwave (Upper), Garbage Disposals(2), Portable A/C Units (2), Washer/Dryer (2)Dishwasher (1-Upper)
  • Directions: From Capitol, South on Maryland, duplex is on the east side of the street
  • New Construction: No
  • Year Built: 1923
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3920 N Maryland Ave #3922
  • Lot Acreage: 0.11
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 3287.00

Exterior Features

  • Exclusions: Tenants Personal Property, Sellers Personal Property, All Window Coverings, Microwave in Lower Unit
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Brick/Stone, Brick, Partial-Asbestos/Asphalt

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

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 9091.17

MLS Schools

  • Middle School: Shorewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 15, 2021
Sold by
Gamez Arturo E and Gamez Tiara M
Bought by
Ogden Patricia R and Cooper Catherine
Seller's Agent
The Gamez Team*
Coldwell Banker Elite
Buyer's Agent
Catherine Cooper
Coldwell Banker Realty
List Price
$467,000
Sold Price
$467,000
Current Estimated Value
$615,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,507
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Apr 15, 2017
Sold by
Sumiuski Llc
Bought by
Gamez Arturo E and Gamez Tiara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,833
Interest Rate
4.21%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2015
Sold by
Suminski Richard W and Stroika Margaret M
Bought by
Suminski Llc

Purchase Details

Closed on
Jan 23, 2015
Sold by
Suminski Llc
Bought by
Suminski Richard W and Stroika Margaret M

Purchase Details

Closed on
Nov 17, 2014
Sold by
Letart James F and Letart Marianne
Bought by
Suminski Llc

Purchase Details

Closed on
Jul 27, 2001
Sold by
Bradley Mitchell D and Bradley Thomas F
Bought by
Letart James F and Letart Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 1999
Sold by
Almond Diane and Pippin Lloyd Douglas
Bought by
Bradley Mitchell D and Bradley Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,957
Interest Rate
7.54%
Mortgage Type
FHA
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
Ogden Patricia R $467,000 None Available
Gamez Arturo E $334,900 Knight Barry Title Inc
Suminski Llc -- None Available
Suminski Richard W -- None Available
Suminski Llc $295,000 Knight Barry Title Group
Letart James F $245,000 --
Bradley Mitchell D $180,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cooper Catherine A $0
Previous Owner Gamez Arturo E $328,833
Previous Owner Letart James F $158,000
Previous Owner Letart James F $172,000
Previous Owner Bradley Mitchell D $173,957
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $467,000 0.0% $142 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $467,000 -- $142 / 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 $5,079 $465,000 $81,600 $383,400
2023 -- $453,400 $70,000 $383,400
2022 -- $378,200 $70,000 $308,200
2021 $9,464 $378,200 $308,200 $70,000
2020 $9,091 $334,900 $70,000 $264,900
2019 $8,982 $334,900 $70,000 $264,900
2018 $8,448 $300,000 $70,000 $230,000
2017 $8,361 $300,000 $70,000 $230,000
2016 $8,361 $300,000 $70,000 $230,000
2015 $8,089 $295,000 $70,000 $225,000
2014 $7,906 $299,000 $70,000 $229,000
2013 -- $299,000 $70,000 $229,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    The Gamez Team*

    Coldwell Banker Elite

    Section Image

  • C

    Buyer's Agent in 2021

    Catherine Cooper

    Coldwell Banker Realty

See All Agents

Map

Source: Metro MLS

MLS Number: 1739388

Metro MLS

APN: 276-0623-000

Wisconsin Milwaukee County Milwaukee 53211

3920 N Maryland Ave Unit 3922, Milwaukee, WI

This home is located at 3920 N Maryland Ave Unit 3922, Milwaukee, WI 53211 since 06 May 2021 and is currently estimated at $615,507, approximately $187 per square foot. This property was built in 1923. 3920 N Maryland Ave Unit 3922 is a home located in Milwaukee County with nearby schools including Atwater Elementary School, Shorewood Intermediate School, and Shorewood High School.

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