NOT LISTED FOR SALE

1423 S 81st St West Allis, WI 53214

Henderson Park Neighborhood

Estimated Value: $804,318

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold March 15, 2021

Last sale price $530,000

Est. 52% increase in value since last sale

Current estimated payment $5,644/month

15 Days on Market

About This Home

As of March 2021

+/- 8024 SF multi-tenant building licensed for 35 rooms. Current rent per room is $375/month with nearly full occupancy. Conveniently located within +/- 1 mile of I-94 and within +/- 1 block of public transportation line.

Last Agent to Sell the Property

Kristen Parks

Anderson Commercial Group, LLC License #90341-94 Listed on: 01/07/2021

Last Buyer's Agent

Adam McCarthy

Smart Asset Realty Inc License #58319-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,534

Home Design

  • Rooming House
  • Brick Exterior Construction
  • Composition Roof

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • Enclosed Parking
  • Outside Parking

Additional Features

  • Multi-Level Property
  • 6,534 Sq Ft Lot
  • Hot Water Heating System

Community Details

  • 35 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: On S 81st St just south of W Greenfield Ave
  • New Construction: No
  • Year Built: 1963
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1423 S 81st St
  • Lot Acreage: 0.15
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Laundry Facilities, Partial
  • Interior Amenities: Water Softener

Exterior Features

  • Exterior Building Type: Rooming House
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

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

Lot Info

  • Zoning: C-2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2019
  • Total Taxes: 15995.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Mar 15, 2021
Sold by
Economy Rooms Llc
Bought by
Am2 Real Estate Llc
Seller's Agent
Kristen Parks
Anderson Commercial Group, LLC
Buyer's Agent
Adam McCarthy
Smart Asset Realty Inc
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$804,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,318
Avg. Annual Appreciation
9.12%
Original Mortgage
$397,500
Outstanding Balance
$238,314
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$547,929
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
Am2 Real Estate Llc $530,000 Knight Barry Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Am2 Real Estate Llc $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $530,000 0.0% --
01/22/2021 01/22/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $530,000 -- --
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 $16,748 $808,100 $54,700 $753,400
2023 $16,860 $585,200 $38,500 $546,700
2022 $16,805 $585,200 $38,500 $546,700
2021 $16,336 $585,200 $38,500 $546,700
2020 $17,356 $585,200 $38,500 $546,700
2019 $15,996 $585,200 $38,500 $546,700
2018 $14,882 $543,900 $34,400 $509,500
2017 $15,355 $543,900 $34,400 $509,500
2016 $14,795 $543,900 $34,400 $509,500
2015 $14,719 $543,900 $34,400 $509,500
2014 $14,760 $543,900 $34,400 $509,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kristen Parks

    Anderson Commercial Group, LLC

  • Adam McCarthy

    Buyer's Agent in 2021

    Adam McCarthy

    Smart Asset Realty Inc

    (414) 241-8931

    2 in this area

    152 Total Sales

    Adam McCarthy
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Map

Source: Metro MLS

MLS Number: 1724553

Metro MLS

APN: 452-0269-000

Wisconsin Milwaukee County West Allis 53214 Henderson Park

1423 S 81st St, West Allis, WI

This home is located at 1423 S 81st St, West Allis, WI 53214 since 07 January 2021 and is currently estimated at $804,318. This property was built in 1963. 1423 S 81st St is a home located in Milwaukee County with nearby schools including Wilson Elementary School, Frank Lloyd Wright Intermediate School, and Nathan Hale High School.

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