NOT LISTED FOR SALE

407 Michigan Ave South Milwaukee, WI 53172

Historic Lakeview Neighborhood

Estimated Value: $276,000 - $292,000

4 Beds
1 Bath
1,296 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $185,000 $143 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,651/month

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Shed
  • Fenced Yard
  • Bathtub with Shower
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

The four bedrooms are just the beginning to this home's offerings. The attached 3 season room really adds to the home's charm!Detached garage has a hobby styled loft with plenty of room for everything. Extra parking next to garage as well. Once you see the home, stop in the private back yard and enjoy the attached tiki bar! Or walk to Grant Park just a minute away. New roof in 2021 and new central air in 2022.Call today for your private showing!

Last Agent to Sell the Property

Jan Talaga

Premiere Homes License #46681-90 Listed on: 07/03/2023

Last Buyer's Agent

Michael Klug

RE/MAX Newport License #85126-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,778

Year Built

  • Built in 1961

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Shed

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Utilities

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

Listing and Financial Details

  • Exclusions: Sellers Personal Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,778

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Stove, Refrigerator, Microwave, Dishwasher, Washer, Dryer
  • Directions: 5th Ave. to Michigan Ave, East to home
  • New Construction: No
  • Year Built: 1961
  • Cleared Acreage: Less than 1/2
  • Architecture: Cape Cod
  • Full Street Address: 407 Michigan AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.17
  • Municipality Type: City
  • Other Rm1 Level: Main
  • Other Rm1 Name: Three Season Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Block, Full, Sump Pump
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Wood or Sim.Wood Floors
  • Bathroom Description: Shower Over Tub
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 1296.00

Exterior Features

  • Exclusions: Sellers Personal Property
  • Exterior Features: Fenced Yard
  • Exterior Building Type: 1.5 Story
  • Exterior: Brick, Brick/Stone, Vinyl
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • High School: South Milwaukee
  • Junior High Dist: South Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3778.0

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Sep 7, 2023
Sold by
Lefever Stephanie
Bought by
Miller Tyler
Seller's Agent
Jan Talaga
Premiere Homes
Buyer's Agent
Michael Klug
RE/MAX Newport
List Price
$235,900
Sold Price
$256,000
Premium/Discount to List
$20,100
8.52%
Views
523
Current Estimated Value
$283,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,679
Avg. Annual Appreciation
4.91%
Original Mortgage
$256,000
Outstanding Balance
$250,509
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$33,170

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 30, 2021
Sold by
Couillard Richard and Couillard Pamela
Bought by
Lefever Stephanie
Seller's Agent
Jennifer Mitchell
Keller Williams Prestige
Buyer's Agent
Luke Salmon
Milwaukee Realty, Inc.
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%
Original Mortgage
$120,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2013
Sold by
Tyme Investments Llc
Bought by
Couillard Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2013
Sold by
Fannie Mae
Bought by
Tyme Investments Llc

Purchase Details

Closed on
May 15, 2012
Sold by
Janka David and Janka Candice L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 18, 1996
Sold by
Mills Marvin L
Bought by
Janka David and Janka Candice L
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
Miller Tyler $256,000 None Listed On Document
Lefever Stephanie $185,000 Focus Title Llc
Couillard Richard $110,000 --
Tyme Investments Llc -- None Available
Federal National Mortgage Association -- None Available
Janka David $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Tyler $256,000
Previous Owner Lefever Stephanie $120,000
Previous Owner Couillard Richard $108,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2023 09/24/23 Off Market $235,900 -- --
07/04/2023 07/04/23 For Sale $235,900 +27.5% $182 / Sq Ft
08/30/2021 08/30/21 Sold $185,000 0.0% $143 / Sq Ft View Prior Sale
07/19/2021 07/19/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $185,000 -- $143 / 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 $1,905 $196,500 $74,300 $122,200
2023 $3,712 $196,500 $74,300 $122,200
2022 $3,778 $196,500 $74,300 $122,200
2021 $3,136 $119,000 $46,000 $73,000
2020 $3,169 $119,000 $46,000 $73,000
2019 $3,097 $119,000 $46,000 $73,000
2018 $3,004 $119,000 $46,000 $73,000
2017 $3,009 $119,000 $46,000 $73,000
2016 $2,942 $119,000 $46,000 $73,000
2015 $2,958 $119,000 $46,000 $73,000
2014 $2,887 $119,000 $46,000 $73,000
2013 $3,248 $119,000 $46,000 $73,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jan Talaga

    Premiere Homes

    (414) 852-6292

    1 in this area

    5 Total Sales

    Jan Talaga
    Section Image

  • M

    Buyer's Agent in 2023

    Michael Klug

    RE/MAX

    (414) 254-4202

    1 in this area

    214 Total Sales

    Michael Klug
    Section Image

  • J

    Seller's Agent in 2021

    Jennifer Mitchell

    Keller Williams Prestige

  • L

    Buyer's Agent in 2021

    Luke Salmon

    Milwaukee Realty, Inc.

See All Agents

Map

Source: Metro MLS

MLS Number: 1840897

Metro MLS

APN: 772-0003-001

Wisconsin Milwaukee County South Milwaukee 53172 Historic Lakeview

407 Michigan Ave, South Milwaukee, WI

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