NOT LISTED FOR SALE

1429 S 5th St Unit 1429A Milwaukee, WI 53204

Historic Mitchell Street Neighborhood

Estimated Value: $97,000 - $192,000

5 Beds
2 Baths
2,112 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $62,000 $29 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,109/month

36 Days on Market

About This Home

As of March 2024

This large 3/2 duplex with low maintenance vinyl siding offers a renovation opportunity. The interior of the home has been completely gutted. The side drive leads to ample off street parking. The location offers easy access to the freeway and downtown Milwaukee. The steel door & window guards are not included with the purchase of the property and will be removed after closing. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Sue Oelke

Whitten Realty License #51364-90 Listed on: 01/23/2024

Last Buyer's Agent

Donald Schermer

Lamp Post Realty, LLC License #55986-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: The steel door & window guards are not included with the purchase of the property and will be removed after closing.
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Greenfield Avenue west of I-94 to 5th Street, south to property.
  • New Construction: No
  • Year Built: 1885
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1429 S 5th STREET #1429A
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 2112.00

Exterior Features

  • Exclusions: The steel door & window guards are not included with the purchase of the property and will be removed after closing.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 2190.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Mar 19, 2024
Sold by
Federal National Mortgage Assn and Fannie Mae
Bought by
Jmr Rental Properties
Seller's Agent
Sue Oelke
Whitten Realty
Buyer's Agent
Donald Schermer
Lamp Post Realty, LLC
List Price
$47,900
Sold Price
$62,000
Premium/Discount to List
$14,100
29.44%
Views
132
Current Estimated Value
$157,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,376
Avg. Annual Appreciation
83.10%

Purchase Details

Closed on
Apr 9, 2021
Sold by
Rentsdu Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 7, 2009
Sold by
Wage Todd R
Bought by
Rentsdu Llc

Purchase Details

Closed on
Jul 7, 2004
Sold by
Vollmer Russell E
Bought by
Wage Todd R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2002
Sold by
Redco Enterprises Llc
Bought by
Vollmer Russell E

Purchase Details

Closed on
Nov 22, 2002
Sold by
Bank Of New York
Bought by
Redco Enterprises Llc

Purchase Details

Closed on
Oct 2, 2002
Sold by
Flores Jose S
Bought by
Bank Of New York and First City Capital Home Equity Loan Tr
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jmr Rental Properties $62,000 None Listed On Document
Federal National Mortgage Association -- None Available
Rentsdu Llc -- None Available
Wage Todd R $92,000 --
Vollmer Russell E $19,000 --
Redco Enterprises Llc $18,500 --
Bank Of New York -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wage Todd R $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $62,000 +29.4% $29 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $47,900 -- $23 / 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 $3,247 $134,900 $8,000 $126,900
2023 $2,261 $95,700 $8,000 $87,700
2022 $2,416 $95,700 $8,000 $87,700
2021 $1,717 $68,000 $8,200 $59,800
2020 $7,945 $68,000 $8,200 $59,800
2019 $5,446 $59,800 $8,700 $51,100
2018 $3,606 $59,800 $8,700 $51,100
2017 $3,637 $58,000 $6,400 $51,600
2016 $1,575 $57,500 $6,400 $51,100
2015 $1,528 $54,800 $6,400 $48,400
2014 $1,685 $58,900 $6,400 $52,500
2013 -- $62,000 $6,400 $55,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sue Oelke

    Whitten Realty

  • D

    Buyer's Agent in 2024

    Donald Schermer

    Lamp Post Realty, LLC

    (414) 839-2872

    5 in this area

    35 Total Sales

    Donald Schermer
    Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1862712

Metro MLS

APN: 462-0217-000-5

Wisconsin Milwaukee County Milwaukee 53204 Historic Mitchell Street

1429 S 5th St Unit 1429A, Milwaukee, WI

This home is located at 1429 S 5th St Unit 1429A, Milwaukee, WI 53204 since 23 January 2024 and is currently estimated at $157,376, approximately $74 per square foot. This property was built in 1885. 1429 S 5th St Unit 1429A is a home located in Milwaukee County with nearby schools including Allen-Field School, Milwaukee Spanish Immersion School - Upper Campus, and Milwaukee German Immersion School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes