NOT LISTED FOR SALE

1206 S 15th Place Unit 1208 Milwaukee, WI 53204

Walker's Point Neighborhood

Estimated Value: $178,093 - $270,000

2 Beds
1 Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold August 24, 2018

Last sale price $110,000

Est. 108% increase in value since last sale

Current estimated payment $1,554/month

14 Days on Market

Highlights

  • Enclosed Parking
  • Golda Meir School Rated A-
  • Forced Air Heating System

About This Home

As of August 2018

Fully occupied, cash flowing 4 unit property in a solid south side location. All apartments are spacious 2 bedroom, 1 bathroom units with hardwood floors throughout. Tenants are responsible for their own heat and electric, and even take care of snow removal! All you have to do is sit back, relax, and collect those rents!

Last Listed By

Graig Goldman

RE/MAX Lakeside-North License #51325-90 Listed on: 06/29/2018

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,004

Year Built

  • Built in 1915

Lot Details

  • 4,792

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Multi-Level Property
  • 4,792 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Stove and Refrigerator in unit 1208A.

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,004

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 Refrigerators, 3 Stoves.
  • Directions: Greenfield Ave, North on 15th Pl to 1206-1208 S 15th Pl.
  • New Construction: No
  • Year Built: 1915
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1206 S 15th PLACE #1208
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full

Exterior Features

  • Exclusions: Stove and Refrigerator in unit 1208A.
  • Exterior Building Type: Apartment Building
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2017
  • Total Taxes: 2004.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 24, 2018
Sold by
Budahn Darren N and Budahn Amber
Bought by
S2 Real Estate 1206 8 S 5Th Pl Llc
Seller's Agent
Graig Goldman
RE/MAX Lakeside-North
Buyer's Agent
Avery Goodman
Royal Realty, LLC
List Price
$110,000
Sold Price
$110,000
Total Days on Market
14
Current Estimated Value
$228,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,523
Avg. Annual Appreciation
11.43%
Original Mortgage
$77,000
Outstanding Balance
$67,968
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$160,200

Purchase Details

Closed on
Jun 15, 2016
Sold by
Primo Corporation
Bought by
Budahn Darren N and Budahn Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Kayrak Corp
Bought by
Primo Corp

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
S2 Real Estate 1206 8 S 5Th Pl Llc $110,000 None Available
Budahn Darren N $69,000 Attorney
Primo Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S2 Real Estate 1206 8 S 5Th Pl Llc $77,000
Previous Owner Budahn Darren N $55,200
Previous Owner Primo Corp $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $110,000 0.0% --
07/13/2018 07/13/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $110,000 -- --
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
2023 $3,370 $142,600 $4,400 $138,200
2022 $3,433 $142,600 $4,400 $138,200
2021 $2,938 $110,500 $4,000 $106,500
2020 $2,919 $121,600 $4,000 $117,600
2019 $2,795 $72,600 $4,000 $68,600
2018 $1,877 $72,600 $4,000 $68,600
2017 $2,004 $73,700 $4,000 $69,700
2016 $2,212 $68,400 $4,000 $64,400
2015 -- $68,400 $4,000 $64,400
2014 -- $68,400 $4,000 $64,400
2013 -- $76,000 $4,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1592804

Metro MLS

APN: 433-0204-000-2