$525,000
SOLD DEC 16, 2024

1412 Willow Ln South Milwaukee, WI 53172

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Recently Sold

12% Below List Price

4 Days on Market

About This Home

As of December 2024

Rare opportunity: four-unit townhouse-style homes for sale, each with full basements and individual utilities. The building comprises two units with 2 bedrooms and 1.5 baths, and two units with 3 bedrooms and 1.5 baths. All units feature recently updated furnaces and water heaters, and two of the four air conditioning units are brand new. The mechanicals are well-maintained, and the windows, while not new, are in excellent condition. Showings are limited, so act now to invest in your future! **All units come with a year-long lease valid until October 2025, and the rents are set below the current market value. Please note showings are set to pre-selected dates and times.

Last Agent to Sell the Property

DiAnna Bernal

Coldwell Banker HomeSale Realty - Wauwatosa License #82582-94 Listed on: 11/01/2024

Coldwell Banker HomeSale Realty - Wauwatosa

Last Buyer's Agent

Hardip Sahota

Century 21 Affiliated-Wauwatosa License #87419-94

Century 21 Affiliated-Wauwatosa

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,279

Year Built

  • Built in 1966

Home Design

  • Brick Exterior Construction

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Multi-Level Property
  • 0.27 Acre Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Tenant's washer/dryers stoves and refrigerators

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,279

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Keys
  • Directions: East of S Pennsylvania Ave, North of E Rawson Ave. or GPS
  • New Construction: No
  • Year Built: 1966
  • Cleared Acreage: Less than 1/2
  • Architecture: Townhouse
  • Full Street Address: 1412 Willow LANE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.27
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Block, Full

Exterior Features

  • Exclusions: Tenant's washer/dryers stoves and refrigerators
  • Exterior Building Type: Apartment Building
  • Exterior: Partial-Brick

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: RB
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 7278.98

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Dec 16, 2024
Sold by
Buth Revocable Trust and Buth Robert H
Bought by
Toorbros Llc
Seller's Agent
DiAnna Bernal
Coldwell Banker HomeSale Realty - Wauwatosa
Buyer's Agent
Hardip Sahota
Century 21 Affiliated-Wauwatosa
List Price
$599,900
Sold Price
$525,000
Premium/Discount to List
-$74,900
-12.49%
Views
21
Current Estimated Value
$587,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,902
Original Mortgage
$735,000
Outstanding Balance
$730,530
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 10, 2005
Sold by
Buth Robert H G and Buth Andrea C
Bought by
Buth Revocable Trust

Purchase Details

Closed on
Jan 3, 1997
Sold by
Ludtke Raymond G
Bought by
Loften Dennis and Loften Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.73%
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 Type Sale Price Title Company
Deed $1,050,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $735,000 Credit Line Revolving
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $525,000 -12.5% --
11/01/2024 11/01/24 For Sale $599,900 -- --
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 $3,730 $314,000 $81,900 $232,100
2023 $7,279 $314,000 $81,900 $232,100
2022 $7,238 $314,000 $81,900 $232,100
2021 $10,755 $280,000 $54,000 $226,000
2020 $8,658 $280,000 $54,000 $226,000
2019 $8,500 $280,000 $54,000 $226,000
2018 $7,967 $280,000 $54,000 $226,000
2017 $10,131 $280,000 $54,000 $226,000
2016 $7,025 $280,000 $54,000 $226,000
2015 $7,069 $280,000 $54,000 $226,000
2014 $6,900 $280,000 $54,000 $226,000
2013 $9,862 $280,000 $54,000 $226,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1898247

Metro MLS

APN: 730-0057-000