NOT LISTED FOR SALE

1302 Madison Ave South Milwaukee, WI 53172

M District Neighborhood

Estimated Value: $156,000 - $206,838

-- Bed
-- Bath
1,496 Sq Ft
$120/Sq Ft Est. Value

About This Home

Investment opportunity! This vinyl sided 2/1 duplex offers separate utilities, ranges and refrigerators for both units, replacement windows, fenced yard and plenty of on site parking. THIS IS AN AS-IS, WHERE-IS SALE. SELLER UNWILLING TO MAKE ANY REPAIRS. FOUNDATION ISSUES WILL PROHIBIT/LIMIT FINANCING ON THIS PROPERTY. There are no reports/estimates on file, seller states foundation was like this at his time of purchase and has seen no changes in 22 years.

Last Agent to Sell the Property

Cheryl Krimmer

Krimmer Realty, LLC License #52733-90 Listed on: 01/10/2023

Last Buyer's Agent

Jennifer Schmitz

First Weber Inc - Brookfield License #89944-94

First Weber Inc - Brookfield

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot

Interior Spaces

  • 1,496 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Listing and Financial Details

  • Assessor Parcel Number 7700313000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.09
  • Year Built: 1910
  • Special Features: None
  • Stories: 0

Interior Features

  • Has Basement: Full, Brick
  • ResoLivingAreaSource: PublicRecords

Schools

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

Lot Info

  • Parcel #: 7700313000
  • Zoning Description: R
  • Zoning: R

Tax Info

  • Tax Annual Amount: 3416
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Feb 28, 2023
Sold by
Schmidt Bradley T
Bought by
1302 Madison Avenue Llc
Seller's Agent
Cheryl Krimmer
Krimmer Realty, LLC
Buyer's Agent
Jennifer Schmitz
First Weber Inc - Brookfield
List Price
$129,900
Views
431
Current Estimated Value
$179,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$90,000
Outstanding Balance
$87,175
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$92,785

Purchase Details

Closed on
Apr 3, 2018
Sold by
Charleston Jacob J
Bought by
Schmidt Bradley T

Purchase Details

Closed on
Apr 28, 2010
Sold by
Schmidt Bradley T
Bought by
Charleston Jacob J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,900
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 23, 2001
Sold by
Schmidt Clarence H and Schmidt Georgiann
Bought by
Schmidt Bradley T

Purchase Details

Closed on
Dec 7, 2000
Sold by
Champion Mtg Co Inc
Bought by
Schmidt Clarence H and Schmidt Georgieann

Purchase Details

Closed on
Sep 19, 2000
Sold by
Caveney Kathleen and Doe John
Bought by
Champion Mtg

Purchase Details

Closed on
May 6, 1996
Sold by
Caveney Iraleen
Bought by
Caveney James M and Caveney Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
8.78%
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
1302 Madison Avenue Llc $120,000 --
Schmidt Bradley T -- None Available
Charleston Jacob J $125,000 None Available
Schmidt Bradley T -- --
Schmidt Clarence H $15,000 --
Champion Mtg $59,000 --
Caveney James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1302 Madison Avenue Llc $90,000
Previous Owner Charleston Jacob J $124,900
Previous Owner Caveney James M $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2023 04/02/23 Off Market $129,900 -- --
02/21/2023 02/21/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $129,900 -- $87 / 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 $1,361 $125,600 $55,600 $70,000
2023 $2,667 $125,600 $55,600 $70,000
2022 $2,665 $125,600 $55,600 $70,000
2021 $3,415 $117,000 $41,000 $76,000
2020 $3,367 $117,000 $41,000 $76,000
2019 $3,320 $117,000 $41,000 $76,000
2018 $3,207 $117,000 $41,000 $76,000
2017 $3,603 $117,000 $41,000 $76,000
2016 $2,892 $117,000 $41,000 $76,000
2015 $2,907 $117,000 $41,000 $76,000
2014 $2,837 $117,000 $41,000 $76,000
2013 $3,568 $117,000 $41,000 $76,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cheryl Krimmer

    Krimmer Realty, LLC

    (414) 750-4138

    1 in this area

    54 Total Sales

    Cheryl Krimmer
    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Schmitz

    First Weber Inc - Brookfield

    Section Image
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Map

Source: Metro MLS

MLS Number: 1821813

Metro MLS

APN: 770-0313-000

Wisconsin Milwaukee County South Milwaukee 53172 M District

1302 Madison Ave, South Milwaukee, WI

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