$360,000
SOLD NOV 5, 2024

3937 S 1st St Unit 3937A Milwaukee, WI 53207

Tippecanoe Neighborhood
-- Bed
-- Bath
1,904 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$189 Per Sq Ft

3% Above List Price

4 Days on Market

About This Home

As of November 2024

This beautifully updated duplex offers incredible potential for both owner-occupants and investors. The first-floor unit has been fully remodeled with a brand-new kitchen, featuring quartz countertops, new appliances, and modern cabinetry. Additional upgrades include new AC, refinished hardwood floors, fresh paint throughout, and a completely renovated bathroom. The upstairs unit has also been refreshed with new paint, an updated kitchen, and new carpeting in the bedrooms. This gorgeous property is an excellent opportunity blending comfort and investment potential. Don't miss this one!

Last Agent to Sell the Property

Jay Schmidt

Keller Williams Realty-Milwaukee North Shore License #57868-90 Listed on: 09/20/2024

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Hoffmann Team*

RE/MAX Lakeside-Central License #54807-94

RE/MAX Lakeside-Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,039

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and tenant's personal property, temporary fencing in backyard
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,039

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 ranges, 2 refrigerators, 1 washer, 1 dryer, movable kitchen island in lower unit, shelves on north wall in kitchen & 2 shelves on west wall in eastern bedroom, 5 planters in backyard - 2 black, 2 brown and SS horse trough, 1st floor unit dishwasher and disposal
  • Directions: Howard Ave to 1st St, south to home
  • New Construction: No
  • Year Built: 1940
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3937 S 1st STREET #3937A
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1904.00

Exterior Features

  • Exclusions: Seller and tenant's personal property, temporary fencing in backyard
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Brick/Stone, Brick

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: RES
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 6039.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Nov 1, 2024
Sold by
Paruleski Kerry
Bought by
Rl Trust
Seller's Agent
Jay Schmidt
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Hoffmann Team*
RE/MAX Lakeside-Central
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Total Days on Market
4
Views
22
Current Estimated Value
$353,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,587
Avg. Annual Appreciation
-3.19%

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 20, 2021
Sold by
Moran Douglas J and Moran Aimee
Bought by
Parufeski Kerry
Seller's Agent
Jeremy Rynders
Keller Williams Realty-Milwaukee Southwest
Buyer's Agent
Jay Schmidt
Keller Williams Realty-Milwaukee North Shore
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$265,109
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2002
Sold by
Rjt Properties Llc
Bought by
Moran Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1997
Sold by
Tratnik Ronald J
Bought by
Rjt Properties Llc
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 Type Sale Price Title Company
Warranty Deed $360,000 Focus Title
Warranty Deed $270,000 None Available
Warranty Deed $155,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $265,109 FHA
Previous Owner $165,624 VA
Previous Owner $194,085 VA
Previous Owner $184,000 Unknown
Previous Owner $15,000 Unknown
Previous Owner $189,000 New Conventional
Previous Owner $124,000 Purchase Money Mortgage
Closed $31,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Sold $360,000 +2.9% $189 / Sq Ft
10/10/2024 10/10/24 For Sale $350,000 +29.6% $184 / Sq Ft
05/27/2021 05/27/21 Sold $270,000 0.0% $142 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $270,000 -- $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
2023 $6,111 $258,600 $26,500 $232,100
2022 $6,085 $258,600 $26,500 $232,100
2021 $5,009 $193,300 $25,900 $167,400
2020 $4,983 $193,300 $25,900 $167,400
2019 $4,744 $179,700 $25,500 $154,200
2018 $4,583 $179,700 $25,500 $154,200
2017 $4,431 $165,000 $25,800 $139,200
2016 $4,724 $167,200 $25,800 $141,400
2015 $4,827 $167,200 $25,800 $141,400
2014 $4,661 $158,200 $25,800 $132,400
2013 -- $166,500 $25,800 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1892757

Metro MLS

APN: 580-0922-000-1