NOT LISTED FOR SALE

1428 Missouri Ave South Milwaukee, WI 53172

M District Neighborhood

Estimated Value: $316,000 - $356,732

9 Beds
4 Baths
3,318 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $280,000 $84 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,018/month

51 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • 3-minute walk to Oak Creek

About This Home

As of December 2023

Large 3 Unit Property in South Milwaukee! This property has great sq ft for units with a good number of bedrooms and a lot of potential! With the amount of space the building has it will be easy to cashflow! All separately metered! Separate entrance and separate basement for the biggest unit. Roof was repaired this year. New gutters waiting to be put on the roof will be provided as materials for the new owner! Listing agent: Colin Daniels - Berkshire Hathaway Water City Realty Buyer agent: Al Alteri - Shorewest

Last Buyer's Agent

Non-Member Account

RANW Non-Member Account

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 7,200 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3,318 Sq Ft Home
  • 3-Story Property

Utilities

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

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Multifamily (3+ Unit)
  • Stylebuilding Type: Apartment Building, 3 Story
  • Tax Municipality: South Milwaukee, City of
  • Remarks Exclusions Public: Seller's and Tenants' Personal Property
  • Remarks Inclusions Public: 3 Refrigerators, 3 Stoves/Ovens, New Gutter materials, Garbage and Recycling Bins
  • Total Units: 3
  • Unit Identifier: City of South Milwaukee
  • Remarks Public: Large 3 Unit Property in South Milwaukee! This property has great sq ft for units with a good number of bedrooms and a lot of potential! With the amount of space the building has it will be easy to cashflow! All separately metered! Separate entrance and separate basement for the biggest unit. Roof was repaired this year. New gutters waiting to be put on the roof will be provided as materials for the new owner! Listing agent: Colin Daniels - Berkshire Hathaway Water City Realty Buyer agent: Al Alteri - Shorewest
  • Tax Municipal Sub Area: None
  • Water Features Other: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Source Total Fin Sq Ft: Appraisal
  • Sq Ft Fin Above Grade Est: 3318
  • Sq Ft Total Fin Above And Below: 3318

Exterior Features

  • Improvements: 232200
  • Exterior Finish Of Building: Vinyl
  • Foundation For Building: Block

Garage/Parking

  • Number Of Total Parking Inside: 2
  • Number Of Total Parking Outside: 5
  • Building Parking: Detached, Outside

Utilities

  • Heating Cooling: Central A/C, Forced Air, Hot Water/Steam
  • Heating Fuel Type: Natural Gas
  • Number Of Ac Units: 1
  • Number Of Furnaces: 3
  • Number Of Water Heaters: 3
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water

Lot Info

  • Estimated Acres: 0.17
  • Land Assessments: 72200
  • Estimated Lot Sq Ft: 7200
  • Source Lot Sq Ft: Assessor/Public Record
  • Zoning: Residential
  • Geo Address Line: 1428 Missouri Ave
  • Geo Primary City: South Milwaukee
  • Geo Quality: 0.95
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: 7700054000
  • Tax Net Amt: 8802.54

Multi Family

  • Number Of Refrigerators: 3
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Feb 2, 2024
Sold by
Coffman Alex
Bought by
Coffman Properties Llc
Buyer's Agent
Non-Member Account
RANW Non-Member Account
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Views
112
Current Estimated Value
$331,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,683
Avg. Annual Appreciation
9.38%
Original Mortgage
$210,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 13, 2023
Sold by
Hathorne Kylia
Bought by
Coffman Alex
Buyer's Agent
Non-Member Account
RANW Non-Member Account
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2023
Sold by
Malaj Bedri K
Bought by
Hathome Kylia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2014
Sold by
Malaj Bedri K
Bought by
Malaj Bedri K and Wolf Lula Malaj
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
Coffman Properties Llc -- None Listed On Document
Coffman Alex $280,000 Knight Barry Title
Hathome Kylia $225,000 Porter Title
Malaj Bedri K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coffman Alex $210,000
Previous Owner Hathome Kylia $220,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $280,000 -6.6% $84 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $299,900 -- $90 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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 $3,273 $304,400 $72,200 $232,200
2023 $6,099 $304,400 $72,200 $232,200
2022 $8,803 $304,400 $72,200 $232,200
2021 $7,461 $174,000 $46,000 $128,000
2020 $9,138 $174,000 $46,000 $128,000
2019 $9,024 $174,000 $46,000 $128,000
2018 $7,686 $174,000 $46,000 $128,000
2017 $6,992 $174,000 $46,000 $128,000
2016 $4,337 $174,000 $46,000 $128,000
2015 $4,362 $174,000 $46,000 $128,000
2014 $4,258 $174,000 $46,000 $128,000
2013 $4,763 $174,000 $46,000 $128,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2023

    Non-Member Account

    RANW Non-Member Account

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50283165

REALTORS® Association of Northeast Wisconsin

APN: 770-0054-000

Wisconsin Milwaukee County South Milwaukee 53172 M District

1428 Missouri Ave, South Milwaukee, WI

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