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3121 West Michigan Street

3121 West Michigan Street, Milwaukee, WI 53208
Property in Merrill Park
Sold Aug 01, 2023
$89,000
$75,000 by Old National Bank
Mortgage
Sold Mar 20, 2020
$88,000
$88,000 by Mortgage Research Center Llc
Mortgage Due Apr 01, 2050
Local assessors in Milwaukee, WI have categorized 3121 West Michigan Street as a residential type of property. The home was built in 1906 and is 118 years old. The property's lot size has been calculated to be 4,560 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3121 West Michigan Street has a total of 1,900 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Lots of asbestos shingle were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3121 West Michigan Street sold most recently in Jul 28, 2023 for a total of $89,000. If you work out the math, that's approximately a cost of $46.84 per sqft. Before that, the property was also sold for $88,000 in Mar 6, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,683 in taxes each year. 3121 West Michigan Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $112,700. If we break it down further, the land itself was valued at $5,500. Improvements to the property, however, were assessed at a total of $107,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Traditional
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 999
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,560
  • Total Building Area: 1,900
  • Building Area: 1,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THORNRIDGE
  • Land Acres: 0.105
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THORNRIDGE IN SE 1/4 SEC 25-7-21 BLOCK 3 E 38' LOT 18

Ownership

  • Current Owner : MORENO JOSE MANUEL
  • Previous Owner : HOLLAND JOSHUA
  • Owner Before Previous Owner: JENKINS EVERETT G
  • Owner Before Previous Owner 2: JENKINS DEBORAH K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 013400

Zoning

  • Zoning: RT4

Geography

  • Assessors Map Reference: MB 40121
  • Section: Jul 21, 2025
  • Parcel: 401-2052-000
  • Block: 3
  • Lot: 18
  • Meridian: SEC 25 TWN 07N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.0373
  • Longitude: -87.9535

    Address

  • Full Address: 3121 W Michigan St
  • Address - House Number: 3121
  • Street Direction: W
  • Address - Street Name: Michigan
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C016
  • 4-Digit Zip Code: 4060
  • Zip Code: 53208

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,683

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 153,889
  • High Value: 221,955
  • Low Value: 85,822

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jan 08, 2024
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $112,700
  • Market Land Value: $5,500
  • Market Improvement Value: $107,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,700
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $107,200

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Transaction ID: 11910394065
  • Current Sale Price: $89,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11355889
  • Previous Sale Recording Date: Mar 20, 2020
  • Previous Sale Contract Date: Mar 06, 2020
  • Previous Sale Amount: $88,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Mar 20, 2020
  • Previous Mortgage Loan Amount: $88,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2050

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Frequently Asked Questions

What neighborhood is 3121 West Michigan Street located in?
The 3121 West Michigan Street is a located in the neighborhood of Merrill Park in Merrill Park, Milwaukee.
What is the average sales price for listings in 3121 West Michigan Street?
The average sales price for units in 3121 West Michigan Street is $0 currently.

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