NOT LISTED FOR SALE

7307 W Bluemound Rd Unit 7309 Milwaukee, WI 53213

Bluemound Heights Neighborhood

Estimated Value: $336,004 - $403,000

6 Beds
2 Baths
2,541 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $240,000 $94 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,440/month

4 Days on Market

About This Home

As of September 2020

Wow! Hard to find 3/3 bedroom duplex in popular Milwaukee/Wauwatosa neighborhood with 2.5 car garage! Great owner occupant home or ready to go investment property. Both units feature large room sizes, full bath, and eat-in kitchens with tons of cabinets and counter space. Lower unit has recently refinished hardwood flooring. Updates include newer roof, some new windows and new flooring in upper bathroom. Separate utilities and 2 large storage areas in basement for tenant storage. Oversized 2.5 garage, low maintenance exterior and nice-sized yard make this a great investment property!

Last Agent to Sell the Property

Ann Nicholls

Coldwell Banker Realty License #41176-94 Listed on: 08/05/2020

Coldwell Banker Realty

Last Buyer's Agent

Kristin Johnston

RE/MAX Platinum License #54595-94

RE/MAX Platinum

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,773

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • 2,541 Sq Ft Home
  • Composition Roof

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant's and Owner's personal property
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 4060553000

Property Details

Property Type

Other

Est. Annual Taxes

$4,773

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.15
  • Inclusions: 2 Refrigerators, 2 oven/range, 1 washer, 1 dryer, lawnmower, snowblower
  • Directions: Property on south side of Bluemound Rd
  • Property Information:Est Total Sq Ft: 2541
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Full, Block, 1/2 Bath

Exterior Features

  • Exclusions: Tenant's and Owner's personal property
  • Construction Type: Aluminum Siding, Wood
  • Roof: Composition

Garage/Parking

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

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 6534
  • Parcel #: 4060553000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4773
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Sep 24, 2020
Sold by
7309 W Bluemound Llc
Bought by
Morgan Michael T and Morgan Stephanie L
Seller's Agent
Ann Nicholls
Coldwell Banker Realty
Buyer's Agent
Kristin Johnston
RE/MAX Platinum
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%
Current Estimated Value
$369,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,751
Avg. Annual Appreciation
8.88%
Original Mortgage
$102,000
Outstanding Balance
$88,818
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$280,933

Purchase Details

Closed on
Jan 13, 2016
Sold by
Heinonen Jason A and Heinonen Tina M
Bought by
7309 W Bluemound Llc

Purchase Details

Closed on
Apr 10, 2015
Sold by
7309 W Bluemound Llc
Bought by
Heinonen Jason A and Heinonen Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2014
Sold by
Heinonen Jason A and Heinonen Tina M
Bought by
7309 W Bluemound Llc

Purchase Details

Closed on
Feb 8, 2007
Sold by
Heinonen Jason A and Schwartz Tina M
Bought by
Heinonen Jason A and Heinonen Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 5, 2002
Sold by
Crotteau David and Crotteau Jamie
Bought by
Heinonen Jason A and Schwartz Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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
Morgan Michael T $240,000 None Available
7309 W Bluemound Llc -- Attorney
Heinonen Jason A -- Attorney
7309 W Bluemound Llc -- None Available
Heinonen Jason A -- None Available
Heinonen Jason A $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Michael T $102,000
Previous Owner Heinonen Jason A $154,800
Previous Owner Heinonen Jason A $169,600
Previous Owner Heinonen Jason A $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $240,000 +2.1% $94 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $235,000 -- $92 / 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 $5,945 $263,100 $17,000 $246,100
2023 $4,790 $202,700 $17,000 $185,700
2022 $4,753 $202,700 $17,000 $185,700
2021 $4,555 $176,000 $22,800 $153,200
2020 $4,531 $176,000 $22,800 $153,200
2019 $4,705 $158,700 $15,700 $143,000
2018 $4,039 $158,700 $15,700 $143,000
2017 $4,043 $150,800 $14,500 $136,300
2016 $3,983 $141,400 $14,500 $126,900
2015 -- $136,800 $14,500 $122,300
2014 -- $136,800 $14,500 $122,300
2013 -- $136,800 $14,500 $122,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1702652

Metro MLS

APN: 406-0553-000-3