NOT LISTED FOR SALE

Estimated Value: $524,000 - $580,000

2 Beds
2 Baths
1,300 Sq Ft
392 Sq Ft Lot

Sale Details

Date Sold: February 29, 2024

Last sale price $535,000 $412 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,502 / mo

78 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • End Unit
  • Golda Meir School Rated A-
  • Whirlpool Bathtub
  • Elevator

About This Home

As of February 2024

Positioned on a coveted corner in the heart of the Historic Third Ward, this gorgeous 9th floor corner unit boasts Southwest facing views overlooking N. Broadway, the MKE Public Market, and a beautiful lake view. This Commission House unit offers an industrial, historic feel with a classy vibe including high ceilings, an abundance of windows giving loads of natural light, a seamless open layout with a split floor plan- plus over $30K in updates. The primary suite features a new custom closet, en-suite with dual vanities, walk-in shower & jetted tub. The 2nd bedroom/office & full bath are perfect for guests. In-unit laundry, 1-car heated parking, large storage locker & shared rooftop solarium all included! Live steps from the best shops, restaurants & World Class Festivals. Virtual staging

Last Agent to Sell the Property

Lisa Ashley

Mahler Sotheby's International Realty License #56435-90 Listed on: 11/22/2023

Last Buyer's Agent

Brenda Samuel

Realty Executives Integrity~Cedarburg License #78630-94

Realty Executives Integrity~Cedarburg

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,988

Year Built

  • Built in 1911

Lot Details

  • End Unit

HOA Fees

  • $696 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Exclusions: Seller's personal property

Community Details

Overview

  • 30 Units
  • High-Rise Community
  • Commission House Condos

Amenities

  • Clubhouse
  • Elevator

Pet Policy

  • Pets Allowed

Building Details

  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,988

Year Built

Built in 1911

Lot Details

392 Sq Ft Lot

HOA Fees

$696 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Inclusions: Oven/range, refrigerator, dishwasher, disposal, microwave, washer, dryer, murphy bed
  • Directions: Northeast corner of N. Broadway and E. St. Paul Avenue, building access is on N. Broadway.
  • New Construction: No
  • Year Built: 1911
  • AssociationCommonAmenities: Clubhouse, Elevator, Security
  • CondoFeeMonthly: 696.0
  • CondoUnitType: 1 Story, End Unit
  • Full Street Address: 400 N Broadway #903
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Property Water Features: View of Water
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Storage Lockers, Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Ceramic Tile, Whirlpool, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 1300.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior Building Type: Highrise: 6+ Stories
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Heated, Opener Included, Underground, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space, Assigned

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Commission House
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 30

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: C9G

Tax Info

  • Tax Year: 2023
  • Total Taxes: 10988.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Feb 29, 2024
Sold by
Racadio Elma Racquel and Strong Dustin Charles
Bought by
Elsmo Melissa M and Elsmo Leif S
Seller's Agent
Lisa Ashley
Mahler Sotheby's International Realty
Buyer's Agent
Brenda Samuel
Realty Executives Integrity~Cedarburg
List Price
$540,000
Sold Price
$535,000
Premium/Discount to List
-$5,000
-0.93%
Views
413
Current Estimated Value
$555,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,425
Avg. Annual Appreciation
1.83%
Original Mortgage
$508,250
Outstanding Balance
$497,234
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$58,191

Purchase Details

Listed on
Apr 20, 2021
Closed on
Nov 16, 2021
Sold by
Michael D Drescher Trust
Bought by
Racadio Elma Racquel and Strong Dustin Charles
Seller's Agent
Maureen Stallé
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Lisa Ashley
Mahler Sotheby's International Realty
List Price
$440,000
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$330,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
Gresl Michael J and Gresl Catherine W
Bought by
Michael D Drescher Trust

Purchase Details

Closed on
Jan 4, 2005
Sold by
400 North Broadway Llc
Bought by
Gresl Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,700
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Elsmo Melissa M $535,000 Knight Barry Title
Racadio Elma Racquel $440,000 Focus Title Llc
Michael D Drescher Trust $432,000 None Available
Gresl Michael J $454,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elsmo Melissa M $508,250
Previous Owner Racadio Elma Racquel $330,000
Previous Owner Gresl Michael J $363,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $535,000 -0.9% $412 / Sq Ft
11/24/2023 11/24/23 For Sale $540,000 +22.7% $415 / Sq Ft
11/30/2021 11/30/21 Sold $440,000 0.0% $338 / Sq Ft View Prior Sale
10/22/2021 10/22/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $440,000 -- $338 / Sq Ft
Source: Metro MLS

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 $10,344 $455,000 $13,200 $441,800
2023 $11,059 $468,000 $8,800 $459,200
2022 $11,071 $468,000 $8,800 $459,200
2021 $8,143 $312,600 $8,800 $303,800
2020 $8,105 $446,900 $8,800 $438,100
2019 $9,397 $318,500 $8,800 $309,700
2018 $8,174 $318,500 $8,800 $309,700
2017 $8,188 $302,600 $8,800 $293,800
2016 $8,610 $302,600 $8,800 $293,800
2015 -- $286,700 $8,800 $277,900
2014 -- $318,500 $8,800 $309,700
2013 -- $280,000 $8,800 $271,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1858424

Metro MLS

APN: 392-2610-100-8

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