NOT LISTED FOR SALE

1238 S 45th St Unit 1240 Milwaukee, WI 53214

Estimated Value: $230,000 - $259,095

-- Bed
-- Bath
1,505 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $206,000 $137 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,683/month

4 Days on Market

About This Home

As of March 2022

Wonderful investment opportunity or owner occupied opportunity with great cash flow. This turn key property has one unit occupied with strong tenants. This charming Bungalow style home has 2 bedrooms and 1 bathroom in both units. Separate entrances for the units and a full basement are very convenient. 2.5 car garage with alley. The private backyard is partially fenced with a patio area. Great location close to many amenities like shopping, restaurants and Miller Park. Schedule your showing today!

Last Agent to Sell the Property

Emily Cattey Mattson

First Weber Inc- Mequon License #70809-94 Listed on: 02/07/2022

First Weber Inc- Mequon

Last Buyer's Agent

Sarah Walters

RE/MAX Service First License #58024-94

RE/MAX Service First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1901

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,505 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller's & tenant's personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 refrigerators, 2 ovens, 2 washers, 2 dryers.
  • New Construction: No
  • Year Built: 1901
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1238 S 45th STREET #1240
  • Lot Acreage: 0.08
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1505.00

Exterior Features

  • Exclusions: Seller's & tenant's personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.5

Utilities

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

Schools

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

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 2218.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 10, 2022
Sold by
Wrw Enterprises Llc
Bought by
W Devogel Ventures Llc
Seller's Agent
Emily Cattey Mattson
First Weber Inc- Mequon
Buyer's Agent
Sarah Walters
RE/MAX Service First
List Price
$206,000
Sold Price
$206,000
Current Estimated Value
$246,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,322
Avg. Annual Appreciation
4.93%
Original Mortgage
$154,500
Outstanding Balance
$144,506
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$98,018

Purchase Details

Closed on
Sep 6, 2019
Sold by
Werischnig Thomas
Bought by
Wrw Enterprises Llc
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
W Devogel Ventures Llc $10,000 Lakefront Title
Wrw Enterprises Llc $93,000 Focus Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open W Devogel Ventures Llc $154,500
Previous Owner Wrw Enterprises Llc $81,600
Previous Owner Wertschnig Thomas $50,112
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $206,000 0.0% $137 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $206,000 -- $137 / 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 $4,018 $192,000 $19,000 $173,000
2023 $4,018 $117,900 $15,500 $102,400
2022 $2,253 $80,900 $15,500 $65,400
2021 $3,161 $80,900 $15,500 $65,400
2020 $2,218 $80,900 $15,500 $65,400
2019 $2,268 $80,900 $15,500 $65,400
2018 $2,325 $80,900 $15,500 $65,400
2017 $2,395 $80,900 $15,500 $65,400
2016 $2,372 $80,900 $15,500 $65,400
2015 $2,433 $80,900 $15,500 $65,400
2014 $3,297 $123,800 $15,400 $108,400
2013 $3,483 $123,800 $15,400 $108,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1779486

Metro MLS

APN: 437-1154-000