NOT LISTED FOR SALE

1223 Michigan Ave South Milwaukee, WI 53172

M District Neighborhood

Estimated Value: $223,000 - $272,843

-- Bed
-- Bath
1,753 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $173,400 $99 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,437/month

1 Day on Market

About This Home

As of April 2022

This is a one part listing for comparable purposes

Last Agent to Sell the Property

Randy Wesley

Hometowne Realty LLC License #87439-94 Listed on: 03/04/2022

Last Buyer's Agent

Randy Wesley

Hometowne Realty LLC License #87439-94 Listed on: 03/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,753 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,555

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 fridges, 2 stoves, 2 washers, 2 dryers, 2 portable dishwashers
  • New Construction: No
  • Year Built: 1925
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 1223 Michigan AVENUE
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 1753.00

Exterior Features

  • Exterior Building Type: 1.5 Story, 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • High School: South Milwaukee
  • Junior High Dist: South Milwaukee

Lot Info

  • Zoning: G1- Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 3554.82

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2019
Sold by
Jaeger Kenneth A
Bought by
Gonzales Sean
Current Estimated Value
$243,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Outstanding Balance
$90,638
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$153,323

Purchase Details

Closed on
Apr 18, 2001
Sold by
Ries Heinz P and Ries Nancy A
Bought by
Jaeger Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,900
Interest Rate
6.95%
Mortgage Type
VA

Purchase Details

Closed on
Nov 10, 2000
Sold by
Ries Heinz P
Bought by
Ries Heinz P and Ries Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.87%
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
Gonzales Sean $138,000 None Available
Jaeger Kenneth A $96,000 --
Ries Heinz P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Sean $103,500
Previous Owner Jaeger Kenneth A $97,900
Previous Owner Ries Heinz P $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Sold $173,400 0.0% $99 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $173,400 -- $99 / 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 $1,845 $190,500 $55,100 $135,400
2023 $5,026 $190,500 $55,100 $135,400
2022 $3,969 $190,500 $55,100 $135,400
2021 $3,555 $134,000 $40,000 $94,000
2020 $3,582 $134,000 $40,000 $94,000
2019 $3,505 $134,000 $40,000 $94,000
2018 $3,855 $134,000 $40,000 $94,000
2017 $3,772 $134,000 $40,000 $94,000
2016 $3,323 $134,000 $40,000 $94,000
2015 $3,341 $134,000 $40,000 $94,000
2014 $3,260 $134,000 $40,000 $94,000
2013 $4,170 $134,000 $40,000 $94,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Randy Wesley

    Hometowne Realty LLC

See All Agents

Map

Source: Metro MLS

MLS Number: 1788068

Metro MLS

APN: 770-0473-000

Wisconsin Milwaukee County South Milwaukee 53172 M District

1223 Michigan Ave, South Milwaukee, WI

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