NOT LISTED FOR SALE

4050 N 40th St Milwaukee, WI 53216

Lincoln Creek Neighborhood

Estimated Value: $160,000 - $233,000

3 Beds
2 Baths
1,335 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $222,000 $166 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,141/month

3 Days on Market

Highlights

  • 1.5 Car Detached Garage
  • Bathtub with Shower
  • 1-Story Property
  • Golda Meir School Rated A-
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

What an Incredible Opportunity with this Fully Renovated Milwaukee Home in a Great Location! This Bright Ranch Offers the Perfect Blend of Old Charm w/ Modern Finishes. A Sunny & Spacious Living Room Flows right into the Dining Area, with Classic Corner Built-Ins & More, Perfect for Family Dinners! The White Kitchen is a Stunner - New Cabinets, Quartz C-Tops, SS Appliances, Subway Tile Backsplash, New Lighting & Much More. It's all Ready for the Chef in the House to Get to Work!! 2 Sizable Bedrooms on the Main Level, along with a Full Bath w/ Sweet Tile Work, New Vanity & Fixtures. Head Downstairs for the Third Bedroom + a Second Full Bath & Ideal Rec Room Space - Perfect for Packers Parties & Family Gatherings. New Roof, Many Windows & So Many Other Updates & Upgrades Throughout!!

Last Agent to Sell the Property

Nicholas Fetting

Keller Williams Realty-Milwaukee North Shore License #75714-94 Listed on: 08/20/2024

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Ethan Massen

Keller Williams-MNS Wauwatosa License #93037-94

Keller Williams-MNS Wauwatosa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1941

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned RS6

Parking

  • 1.5 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,335 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Finished Basement

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

Utilities

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

Listing and Financial Details

  • Exclusions: Seller's Personal Property, Staging Items
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Oven/Range, Refrigerator, Dishwasher, Microwave
  • Directions: Capitol DR to N 40th ST. North on N 40th ST to Property. Property on East Side of the Road.
  • New Construction: No
  • Year Built: 1941
  • Cleared Acreage: Less than 1/2
  • Architecture: Ranch
  • Full Street Address: 4050 N 40th STREET
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Has Basement: Block, Finished, Full
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Wood or Sim.Wood Floors
  • Bathroom Description: Shower on Lower, Tub Only, Ceramic Tile, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Lower
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 1334.50

Exterior Features

  • Exclusions: Seller's Personal Property, Staging Items
  • Exterior Building Type: 1 Story
  • Exterior: Aluminum/Steel, Aluminum, Stone, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 1 Car
  • Garage Spaces: 1.5
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RS6
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2023
  • Total Taxes: 1501.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Sep 18, 2024
Sold by
Hp Property Restorations Llc
Bought by
Porter Summer
Seller's Agent
Nicholas Fetting
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Ethan Massen
Keller Williams-MNS Wauwatosa
List Price
$214,900
Sold Price
$222,000
Premium/Discount to List
$7,100
3.3%
Views
39
Current Estimated Value
$191,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,775
Avg. Annual Appreciation
-12.91%
Original Mortgage
$215,340
Outstanding Balance
$212,864
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$21,639

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jun 27, 2024
Sold by
Plan B Homebuyers Llc
Bought by
Hp Property Restorations Llc
Seller's Agent
John Newland
TerraNova Real Estate
Buyer's Agent
Nicholas Fetting
Keller Williams Realty-Milwaukee North Shore
List Price
$99,900
Sold Price
$111,000
Premium/Discount to List
$11,100
11.11%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1500.00%

Purchase Details

Listed on
Jun 18, 2024
Closed on
May 31, 2024
Sold by
Polk Willie J
Bought by
Plan B Homebuyers Llc
Seller's Agent
John Newland
TerraNova Real Estate
Buyer's Agent
Nicholas Fetting
Keller Williams Realty-Milwaukee North Shore
List Price
$99,900
Sold Price
$111,000
Premium/Discount to List
$11,100
11.11%
Views
39

Purchase Details

Closed on
Aug 21, 2002
Sold by
Greer Toni
Bought by
Polk Willie J and Polk Ollie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,655
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Porter Summer $222,000 None Listed On Document
Hp Property Restorations Llc $111,000 None Listed On Document
Plan B Homebuyers Llc $72,500 None Listed On Document
Polk Willie J $84,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Summer $215,340
Previous Owner Polk Willie J $80,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $222,000 +3.3% $166 / Sq Ft
08/20/2024 08/20/24 For Sale $214,900 +93.6% $161 / Sq Ft
06/28/2024 06/28/24 Sold $111,000 +11.1% $108 / Sq Ft View Prior Sale
06/18/2024 06/18/24 For Sale $99,900 -- $97 / 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 $1,675 $89,100 $3,600 $85,500
2023 $1,820 $77,000 $3,600 $73,400
2022 $1,518 $77,000 $3,600 $73,400
2021 $1,476 $68,200 $3,600 $64,600
2020 $1,526 $68,200 $3,600 $64,600
2019 $997 $49,000 $3,600 $45,400
2018 $1,038 $49,000 $3,600 $45,400
2017 $1,101 $47,800 $5,100 $42,700
2016 $1,312 $53,300 $5,100 $48,200
2015 $1,353 $53,300 $5,100 $48,200
2014 $1,558 $59,200 $5,100 $54,100
2013 -- $59,200 $5,100 $54,100
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nicholas Fetting

    Keller Williams Realty-Milwaukee North Shore

    (414) 510-9999

    16 in this area

    155 Total Sales

    Nicholas Fetting
    Section Image

  • J

    Seller's Agent in 2024

    John Newland

    TerraNova Real Estate

    (414) 852-0921

    22 in this area

    517 Total Sales

    John Newland
    Section Image
  • Ethan Massen

    Buyer's Agent in 2024

    Ethan Massen

    Keller Williams-MNS Wauwatosa

    (920) 723-9101

    1 in this area

    96 Total Sales

    Ethan Massen
    Section Image
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Map

Source: Metro MLS

MLS Number: 1888584

Metro MLS

APN: 247-0937-000-2

Wisconsin Milwaukee County Milwaukee 53216 Lincoln Creek

4050 N 40th St, Milwaukee, WI

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