NOT LISTED FOR SALE

Estimated Value: $317,766

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $234,900

Est. 35% increase in value since last sale

Current estimated payment $1,943/month

43 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • 5-minute walk to Oak Creek

About This Home

As of June 2021

ATTENTION INVESTORS! This hard to find South Milwaukee fourplex is completely tenant-occupied and cash-flowing! Three 2 bed/1 bath units and one 1 bed/1 bath unit. Individual storage units in the walk-out basement. SPACIOUS double-lot with fenced area for furry-friends! Off-street parking for 5+ vehicles.

Last Agent to Sell the Property

Jennifer Hupke

Coldwell Banker Realty License #57861-90 Listed on: 05/05/2021

Last Buyer's Agent

Jonathan Galando

EXP Realty, LLC~MKE License #90082-94

EXP Realty, LLC~MKE

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,859

Year Built

  • Built in 1900

Lot Details

  • 7,405

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Multi-Level Property
  • 7,405 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: seller's/tenant's personal property

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,859

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 4 oven/range; 4 refrigerators
  • Directions: 3 blocks south of Rawson on 14th Ave, turn east-- house is on the corner
  • New Construction: No
  • Year Built: 1900
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1331 Minnesota 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: Water Heater
  • Has Basement: Full, Walk Out/Outer Door

Exterior Features

  • Exclusions: seller's/tenant's personal property
  • Exterior Building Type: Apartment Building
  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

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

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 4858.87

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Galando David
Bought by
Tgl Capital Llc
Current Estimated Value
$317,766

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 10, 2021
Sold by
Properties Mja Llc
Bought by
Galando David
Seller's Agent
Jennifer Hupke
Coldwell Banker Realty
Buyer's Agent
Jonathan Galando
EXP Realty, LLC~MKE
List Price
$234,900
Sold Price
$234,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$171,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2015
Closed on
Apr 20, 2016
Sold by
Martine Miguel Jimenez
Bought by
Properties Mja Llc
Seller's Agent
Julie Hilleshiem
Xcel Realty, LLC
Buyer's Agent
Darrin Havanec
Shorewest Realtors, Inc.
List Price
$142,000
Sold Price
$142,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
Original Mortgage
$139,400
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2015
Closed on
Mar 8, 2016
Sold by
Forman Adam J
Bought by
Martinez Miguel Jimenez
Seller's Agent
Julie Hilleshiem
Xcel Realty, LLC
Buyer's Agent
Darrin Havanec
Shorewest Realtors, Inc.
List Price
$142,000
Sold Price
$142,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 2004
Sold by
Forman Sheldon
Bought by
Forman Adam J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.1%

Purchase Details

Closed on
Jan 30, 2004
Sold by
Healy Troy M and Healy Susan L
Bought by
Forman Adam J and Forman Sheldon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.91%

Purchase Details

Closed on
Sep 13, 2002
Sold by
Koel Laura R and Koel Michael J
Bought by
Healy Troy M and Healy Susan L

Purchase Details

Closed on
May 30, 2000
Sold by
Dahle Floyd S and Dahle Floyd
Bought by
Koel Michael J and Koel Laura R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,218
Interest Rate
8.31%
Source: Public Records

Range of Values:

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Average Value
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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
Tgl Capital Llc -- None Available
Galando David $234,900 None Available
Properties Mja Llc -- None Available
Martinez Miguel Jimenez $142,000 National Title & Closing Svc
Forman Adam J -- Evergreen Title Corp
Forman Adam J $195,000 --
Healy Troy M $158,000 --
Koel Michael J $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galando David $171,000
Previous Owner Martinez Miguel Jimenez $139,400
Previous Owner Forman Adam J $156,000
Previous Owner Forman Adam J $156,000
Previous Owner Koel Michael J $124,218
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $234,900 0.0% --
06/17/2021 06/17/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $234,900 +65.4% --
03/25/2016 03/25/16 Sold $142,000 0.0% -- View Prior Sale
03/18/2016 03/18/16 Pending -- -- --
08/28/2015 08/28/15 For Sale $142,000 -- --
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 $3,260 $273,100 $60,500 $212,600
2023 $6,353 $273,100 $60,500 $212,600
2022 $6,307 $273,100 $60,500 $212,600
2021 $5,836 $179,000 $55,000 $124,000
2020 $8,422 $179,000 $55,000 $124,000
2019 $8,152 $179,000 $55,000 $124,000
2018 $6,218 $179,000 $55,000 $124,000
2017 $5,394 $179,000 $55,000 $124,000
2016 $4,464 $179,000 $55,000 $124,000
2015 $4,490 $179,000 $55,000 $124,000
2014 $4,382 $179,000 $55,000 $124,000
2013 $5,474 $179,000 $55,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1738617

Metro MLS

APN: 770-0167-000