NOT LISTED FOR SALE

4481 N Frederick Ave Unit 83 Milwaukee, WI 53211

Estimated Value: $656,000 - $731,835

6 Beds
2 Baths
3,133 Sq Ft
$222/Sq Ft Est. Value

Last Sold January 05, 2015

Last sale price $390,000 $124 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,172/month

35 Days on Market

About This Home

As of January 2015

Unique 3/3 two family opportunity in the heart of Shorewood. Ideal for extended family arrangements or owner occupant that wants a great income offset. Attentive long-term owner has made important updates including new roof, basement drain tiles, updated bathrooms, and more. Upper unit combines 2nd and 3rd floor finished spaces. Includes a nice deck, sweet back yard, 2-car garage plus an additional parking space. Nestled on a beautiful block, 3 blocks from Colectivo and the Shorewood renaissance.

Last Agent to Sell the Property

Essam Elsafy

Keller Williams Realty-Milwaukee North Shore Brokerage Email: PropertyInfo@shorewest.com License #50874-90 Listed on: 09/24/2014

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

John Chandler

RANW FV Area Inactives 2004 License #94-56312

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,669

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts an alley

Parking

  • 2.5 Car Detached Garage

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 3,133 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Atwater Elementary School
  • Shorewood Middle School
  • Shorewood High School

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 2370161000

Property Details

Property Type

Other

Est. Annual Taxes

$9,669

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.13
  • Directions: Capitol Drive to Frederick to home.
  • Attribution Contact: PropertyInfo@shorewest.com
  • Property Information:Est Total Sq Ft: 3133
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Full

Exterior Features

  • Construction Type: Stucco, Wood
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features: Parking Space, Alley Entrance, Garage Door Opener
  • Garage Type: Detached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Elementary School: Atwater
  • Junior High Dist: Shorewood
  • High School: Shorewood
  • Middle Or Junior School: Shorewood

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 2370161000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9669
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2014
Closed on
Dec 22, 2014
Sold by
Leahy Terrence
Bought by
Kraehnke Scott
Seller's Agent
Essam Elsafy
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
John Chandler
RANW FV Area Inactives 2004
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Current Estimated Value
$694,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,945
Avg. Annual Appreciation
5.52%
Original Mortgage
$351,000
Outstanding Balance
$259,441
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$435,504

Purchase Details

Closed on
Apr 30, 2002
Sold by
Hurley Randy A and Petersen Heidi J
Bought by
Leahy Terrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
7.16%
Mortgage Type
Balloon
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
Kraehnke Scott $390,000 None Available
Leahy Terrence $322,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraehnke Scott $351,000
Previous Owner Leahy Terrence $265,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2015 01/05/15 Sold $390,000 -2.5% $124 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $400,000 -- $128 / 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 $5,677 $539,400 $95,800 $443,600
2023 -- $520,800 $77,200 $443,600
2022 -- $456,700 $77,200 $379,500
2021 $10,967 $456,700 $379,500 $77,200
2020 $11,085 $416,500 $77,200 $339,300
2019 $10,917 $416,500 $77,200 $339,300
2018 $0 $390,000 $77,200 $312,800
2017 $10,722 $390,000 $77,200 $312,800
2016 $10,722 $390,000 $77,200 $312,800
2015 $10,578 $390,000 $77,200 $312,800
2014 $9,984 $382,400 $77,200 $305,200
2013 $9,669 $382,400 $77,200 $305,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1388479

Metro MLS

APN: 237-0161-000