$574,000
SOLD JUL 9, 2024

1232 Madison Ave Unit 2109 13th Ave South Milwaukee, WI 53172

M District Neighborhood
-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

4% Below List Price

15 Days on Market

Highlights

  • Enclosed Parking
  • Hot Water Heating System
  • Wood Siding

About This Home

As of July 2024

2 Multifamily buildings on one tax parcel in walking distance of ice cream, bakery and butcher shops and oak creek parkway. 3-unit brick building property has great character with a newer roof and updated electrical. Second 4-unit building has newer vinyl siding and updated electric.

Last Agent to Sell the Property

Mike Roth

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #23405-90 Listed on: 04/09/2024

Shorewest Realtors, Inc.

Last Buyer's Agent

Marine Yoo

Big Block Midwest License #58777-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,539

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Block Basement Construction

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 7 Units

Listing and Financial Details

  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,539

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 7 Refrigerators, 7 Oven/Ranges, 1 Washer (coin operated), 1 Dryer (coin operated)
  • Directions: Milwaukee Ave to 13th and Madison to properties at 1232 Madison Avenue/2109 13th Avenue, South Milwaukee, WI 53172
  • New Construction: No
  • Year Built: 1930
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1232 Madison AVENUE #2109 13th Ave
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.17
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer
  • Has Basement: Block

Exterior Features

  • Exterior Building Type: Apartment Building, Duplex +
  • Exterior: Brick/Stone, Brick, Partial-Wood, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Indoor Space
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

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

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Total Taxes: 7539.0

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jul 8, 2024
Sold by
Lightning Investments Llc
Bought by
Apr Control Llc
Seller's Agent
Mike Roth
Shorewest Realtors, Inc.
Buyer's Agent
Marine Yoo
Big Block Midwest
List Price
$599,800
Sold Price
$574,000
Premium/Discount to List
-$25,800
-4.3%
Total Days on Market
15
Views
40
Current Estimated Value
$490,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,461
Avg. Annual Appreciation
-15.86%
Original Mortgage
$344,400
Outstanding Balance
$341,814
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$148,725

Purchase Details

Closed on
Apr 22, 2016
Sold by
Pyramax Bank Fsb
Bought by
Lightning Investments Llc

Purchase Details

Closed on
Oct 13, 2015
Sold by
Besimi Gjuner
Bought by
Pyramax Bank Fsb

Purchase Details

Closed on
Jul 31, 2006
Sold by
Herman William J and Herman Kathleen
Bought by
Besimi Gjuner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.83%
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 Type Sale Price Title Company
Warranty Deed $574,000 None Listed On Document
Warranty Deed $135,000 None Available
Sheriffs Deed -- Attorney
Warranty Deed $270,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,400 New Conventional
Previous Owner $216,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $574,000 -4.3% --
04/24/2024 04/24/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $599,800 -- --
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 $8,666 $387,400 $73,200 $314,200
2022 $8,596 $387,400 $73,200 $314,200
2021 $6,994 $221,000 $46,000 $175,000
2020 $6,900 $221,000 $46,000 $175,000
2019 $6,787 $221,000 $46,000 $175,000
2018 $6,289 $221,000 $46,000 $175,000
2017 $6,265 $221,000 $46,000 $175,000
2016 $5,529 $221,000 $46,000 $175,000
2015 $5,563 $221,000 $46,000 $175,000
2014 $5,429 $221,000 $46,000 $175,000
2013 $7,914 $221,000 $46,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1870905

Metro MLS

APN: 770-0329-000