NOT LISTED FOR SALE

3947 S 40th St Milwaukee, WI 53221

Estimated Value: $224,000 - $585,000

2 Beds
1 Bath
777 Sq Ft
$490/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $58,000 $75 Per Sq Ft

Est. 557% increase in value since last sale

Current estimated payment $2,195/month

26 Days on Market

Highlights

  • Fenced Yard
  • Bathtub
  • 1-Story Property
  • 2.5 Car Detached Garage
  • Shed
  • 5-minute walk to Zablocki Park

About This Home

As of December 2018

2 bedroom home offers renovation opportunity. Home is located on a huge lot with a great view of Zablocki Park. Large 2+ car garage is great for the hobbyist. Conveniently located close to public transportation, shopping and freeway access. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Sue Oelke

Whitten Realty License #51364-90 Listed on: 10/26/2018

Last Buyer's Agent

Janie Rivera-Conley

RE/MAX Market Place License #75782-94

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard
  • Property is zoned R4

Parking

  • 2.5 Car Detached Garage

Interior Spaces

  • 777 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Outdoor Features

  • Shed

Schools

  • Greenfield Middle School
  • Greenfield High School

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Directions: Howard Avenue to 40th Street, south to property.
  • New Construction: No
  • Year Built: 1927
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 3947 S 40th STREET
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.33
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None / Slab
  • Interior Amenities: Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 9
  • Second Floor Total Sq Ft: 777.00

Exterior Features

  • Exterior Features: Fenced Yard
  • Exterior Building Type: 1 Story
  • Exterior: Aluminum/Steel, Aluminum
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.5

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

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

Lot Info

  • Zoning: R4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2017
  • Total Taxes: 2582.8

MLS Schools

  • Middle School: Greenfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Dec 12, 2018
Sold by
Perez Cristino Hernandez
Bought by
Home Investing Partners Llc
Seller's Agent
Sue Oelke
Whitten Realty
Buyer's Agent
Janie Rivera-Conley
RE/MAX Market Place
List Price
$58,000
Sold Price
$58,000
Current Estimated Value
$380,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,791
Avg. Annual Appreciation
31.56%

Purchase Details

Listed on
Oct 26, 2018
Closed on
Dec 4, 2018
Sold by
Fannie Mae
Bought by
Perez Cristino Hernandez
Seller's Agent
Sue Oelke
Whitten Realty
Buyer's Agent
Janie Rivera-Conley
RE/MAX Market Place
List Price
$58,000
Sold Price
$58,000

Purchase Details

Closed on
May 29, 2018
Sold by
Geraw Francis G
Bought by
Federal National Mortgage Association
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
Home Investing Partners Llc $58,000 Knight Barry Title Inc
Perez Cristino Hernandez -- None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $58,000 0.0% $75 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $58,000 -- $75 / 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 $2,117 $394,400 $67,500 $326,900
2023 $2,117 $117,200 $67,500 $49,700
2022 $1,706 $105,800 $52,000 $53,800
2021 $3,244 $105,800 $52,000 $53,800
2020 $3,065 $105,800 $52,000 $53,800
2019 $2,879 $105,800 $52,000 $53,800
2018 $2,992 $105,800 $52,000 $53,800
2017 $3,300 $105,800 $52,000 $53,800
2016 $2,800 $105,800 $52,000 $53,800
2015 $2,782 $105,800 $52,000 $53,800
2014 $2,993 $105,800 $52,000 $53,800
2013 $3,055 $105,800 $52,000 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1612180

Metro MLS

APN: 575-8991-001