NOT LISTED FOR SALE

Estimated Value: $449,552

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold February 01, 2024

Last sale price $423,500

Est. 6% increase in value since last sale

Current estimated payment $3,024/month

86 Days on Market

About This Home

As of February 2024

Incredible West Allis 4-Family Investment Opportunity! This property boasts an immaculate exterior, dedicated parking spaces, updated electrical, individual AC units in each apartment, quality landscaping, and the added advantage of a diligent property manager. With a prime location right across from the Wisconsin State Fair Park and Milwaukee Mile Speedway, this investment offers steady tenant demand and the potential for renovations and long-term rent increases. This is a turnkey gem with solid income prospects, don't miss out!

Last Agent to Sell the Property

Aaron Stuiber

VERA Residential Real Estate LLC License #87155-94 Listed on: 10/17/2023

Last Buyer's Agent

Justin Chart

Mahler Sotheby's International Realty License #74088-94

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,834

Year Built

  • Built in 1957

Lot Details

  • 7,405

Home Design

  • Vinyl Siding
  • Masonite

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
  • 7,405 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Seller and/or tenants personal items.

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,834

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: None.
  • Directions: Greenfield Ave. to S. 77th St. and North to property.
  • New Construction: No
  • Year Built: 1957
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1214 S 77th STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.17
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Full

Exterior Features

  • Exclusions: Seller and/or tenants personal items.
  • Exterior Building Type: Apartment Building
  • Exterior: Masonite/PressBoard, Other, Partial-Vinyl

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: West Allis
  • Junior High Dist: West Allis

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Total Taxes: 5833.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Feb 1, 2024
Sold by
Franklin Kevin E
Bought by
1214 S 77Th Llc
Seller's Agent
Aaron Stuiber
VERA Residential Real Estate LLC
Buyer's Agent
Justin Chart
Mahler Sotheby's International Realty
List Price
$459,000
Sold Price
$423,500
Premium/Discount to List
-$35,500
-7.73%
Views
88
Current Estimated Value
$449,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,052

Purchase Details

Closed on
Mar 18, 2020
Sold by
Franklin Patricia and Bruglio Patricia A
Bought by
Franklin Kevin and Franklin Kevin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2014
Sold by
Wiesner Holdings Llc
Bought by
Franklin Kevin and Franklin Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
3.99%

Purchase Details

Closed on
Nov 8, 2012
Sold by
Wiesner James P
Bought by
Wiesner Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2009
Sold by
Wiesner James P
Bought by
Wiesner Sherry A

Purchase Details

Closed on
Aug 14, 2003
Sold by
Wiesner John T
Bought by
Wiesner James P

Purchase Details

Closed on
Jul 24, 2003
Sold by
Johnson Sherry A
Bought by
A Wiesner Properties Llc

Purchase Details

Closed on
Mar 21, 2003
Sold by
Schaefer Gerald H
Bought by
Johnson Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
5.94%

Purchase Details

Closed on
Dec 1, 1999
Sold by
Indymac Mtg Holdings Inc
Bought by
Schaefer Gerald H

Purchase Details

Closed on
Feb 15, 1999
Sold by
Martini Joseph F and Martini Stephanie L
Bought by
Indymac Mtg Holdings Inc

Purchase Details

Closed on
Jan 16, 1998
Sold by
Hickey John M
Bought by
Martini Joseph P and Martini Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Interest Rate
7.16%

Purchase Details

Closed on
May 15, 1996
Sold by
Ellinger Virginia A
Bought by
Hickey John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8%
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
1214 S 77Th Llc $423,500 None Listed On Document
Franklin Kevin -- None Available
Franklin Kevin $205,000 None Available
Wiesner Holdings Llc -- None Available
Wiesner James P -- None Available
Wiesner Sherry A -- None Available
Wiesner James P $105,000 --
Wiesner John T -- --
A Wiesner Properties Llc $210,000 --
Johnson Sherry A $207,000 --
Schaefer Gerald H $161,000 --
Indymac Mtg Holdings Inc $175,000 --
Martini Joseph P $202,000 --
Hickey John M $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklin Kevin $175,000
Previous Owner Franklin Kevin $153,750
Previous Owner Wiesner James P $150,000
Previous Owner Johnson Sherry A $165,600
Previous Owner Martini Joseph P $181,800
Previous Owner Hickey John M $140,000
Closed Martini Joseph P $10,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $423,500 -7.7% --
01/13/2024 01/13/24 Pending -- -- --
10/19/2023 10/19/23 For Sale $459,000 -- --
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
2024 $7,687 $378,200 $59,200 $319,000
2023 $5,850 $207,200 $41,700 $165,500
2022 $5,834 $207,200 $41,700 $165,500
2021 $5,707 $207,200 $41,700 $165,500
2020 $5,740 $207,200 $41,700 $165,500
2019 $5,601 $207,200 $41,700 $165,500
2018 $6,410 $218,000 $25,300 $192,700
2017 $6,110 $218,000 $25,300 $192,700
2016 $5,891 $218,000 $25,300 $192,700
2015 $5,862 $218,000 $25,300 $192,700
2014 $5,878 $218,000 $25,300 $192,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1854724

Metro MLS

APN: 441-0069-000