NOT LISTED FOR SALE

1225 Missouri Ave South Milwaukee, WI 53172

M District Neighborhood

Estimated Value: $206,000 - $240,000

-- Bed
-- Bath
1,440 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $173,500 $120 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,291/month

10 Days on Market

About This Home

As of November 2023

Excellent opportunity to start investing in real estate and your future. Solid rental and owner occupant opportunity. The upper is ready to move right in or rent it out. Previously rented at $1025 per month. Lower has a long-term tenant. Each unit has separate mechanicals and separate utilities. There is both a garage and extra parking on the pad next to it. Great location only a few blocks from the lake!

Last Agent to Sell the Property

Perry Grutza

Abundance Real Estate License #59885-94 Listed on: 06/23/2023

Last Buyer's Agent

Ann Bogart

Lannon Stone Realty LLC License #47898-94

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,816

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts an alley

Parking

  • 1.5 Car Detached Garage

Interior Spaces

  • 1,440 Sq Ft Home

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: seller/tenant personal property
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 7700097000

Property Details

Property Type

Other

Est. Annual Taxes

$2,816

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.1
  • Inclusions: 2 stoves, 2 refrigerators
  • Directions: Rawson to 13th Ave, south to Missouri, east to home
  • Property Information:Est Total Sq Ft: 1440
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Full, Walk Out/Outer Door, Block, Dual Entry
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exclusions: seller/tenant personal property
  • Construction Type: Steel, Partial-Aluminum, Aluminum Trim

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Parking Space, Alley Entrance
  • Garage Type: Detached

Utilities

  • Sewer: Municipal Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 4356
  • Parcel #: 7700097000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2816
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Nov 20, 2023
Sold by
Dawkins Wilson and Patterson Sierra
Bought by
Christensen Michael A
Seller's Agent
Perry Grutza
Abundance Real Estate
Buyer's Agent
Ann Bogart
Lannon Stone Realty LLC
List Price
$169,900
Sold Price
$173,500
Premium/Discount to List
$3,600
2.12%
Views
803
Current Estimated Value
$221,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,928
Avg. Annual Appreciation
13.62%
Original Mortgage
$8,675
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2018
Sold by
Phenix Milw I Llc
Bought by
Dawkins Wilson and Patterson Sierra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
Bay View Federal Savings & Loan Associat
Bought by
Phoenix Of Milw I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,900
Interest Rate
4.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2011
Sold by
Skrbic Blazenka
Bought by
Bay View Federal Savings & Loan Associat

Purchase Details

Closed on
Dec 27, 1995
Sold by
Henika Joseph and Henika Shirley J
Bought by
Skrbic Blazenka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.19%
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
Christensen Michael A $173,500 1St Service Title
Dawkins Wilson $89,200 1St Services Title & Closing
Phoenix Of Milw I Llc $70,000 None Available
Bay View Federal Savings & Loan Associat $92,213 None Available
Skrbic Blazenka $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Christensen Michael A $8,675
Open Christensen Michael A $170,356
Previous Owner Dawkins Wilson $65,250
Previous Owner Phoenix Of Milw I Llc $98,900
Previous Owner Skrbic Blazenka $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $173,500 +2.1% $120 / Sq Ft
06/23/2023 06/23/23 For Sale $169,900 -- $118 / 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 $1,518 $141,400 $58,000 $83,400
2023 $2,978 $141,400 $58,000 $83,400
2022 $2,980 $141,400 $58,000 $83,400
2021 $3,053 $104,000 $43,000 $61,000
2020 $3,008 $104,000 $43,000 $61,000
2019 $2,966 $104,000 $43,000 $61,000
2018 $2,865 $104,000 $43,000 $61,000
2017 $2,818 $104,000 $43,000 $61,000
2016 $2,562 $104,000 $43,000 $61,000
2015 $2,575 $104,000 $43,000 $61,000
2014 $2,513 $104,000 $43,000 $61,000
2013 $4,095 $104,000 $43,000 $61,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Perry Grutza

    Abundance Real Estate

    (414) 333-3196

    1 in this area

    53 Total Sales

    Perry Grutza
    Section Image

  • A

    Buyer's Agent in 2023

    Ann Bogart

    Lannon Stone Realty LLC

    (414) 430-0078

    1 in this area

    18 Total Sales

    Ann Bogart
    Section Image
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Map

Source: Metro MLS

MLS Number: 1839798

Metro MLS

APN: 770-0097-000

Wisconsin Milwaukee County South Milwaukee 53172 M District

1225 Missouri Ave, South Milwaukee, WI

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