NOT LISTED FOR SALE

Estimated Value: $142,000 - $174,000

4 Beds
2 Baths
2,384 Sq Ft
$67/Sq Ft Est. Value

About This Home

Welcome to this fantastic duplex located in Milwaukee's vibrant South side community. The property features 2 spacious units with separate utilities. Whether you're looking for a place to call your home or an investment, it will be a good fit. It also has walk-up attic w/added living area. Upper unit tenants occupy both second floor and attic. Below market rent for long term upper tenants. Lower unit long term tenants just moved out and the unit is currently vacant and easy to show. While this home may need some updates, it is solid and has potential for improvement. With some creativity and effort, you can transform this property into a cash cow. Property is being sold in AS-IS condition. Cash offers preferred. Bring your cosmetic ideas for a refresher and have instant equity!

Last Listed By

Keyuan Bian

Homestead Realty, Inc License #81850-94 Listed on: 09/16/2023

Homestead Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,613

Year Built

  • Built in 1904

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,384 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant's personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,613

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Stove and refrigerator in upper unit
  • Directions: corner of W. Lapham Blvd and s. 15th st.
  • New Construction: No
  • Year Built: 1904
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1569 S 15th STREET #1571
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 2384.00

Exterior Features

  • Exclusions: Tenant's personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Aluminum, Partial-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: Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 2613.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Oct 18, 2023
Sold by
Wei Shuai
Bought by
Alcantara Maria De Jesus and Alcantara Maricruz Quintana
Seller's Agent
Keyuan Bian
Homestead Realty, Inc
Buyer's Agent
Peter Saulnier
Realty Executives Integrity~Brookfield
List Price
$128,000
Sold Price
$128,000
Total Days on Market
2
Views
6
Current Estimated Value
$159,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,736
Avg. Annual Appreciation
15.26%

Purchase Details

Closed on
Mar 23, 2017
Sold by
Yang Nancy
Bought by
Wei Shuai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2009
Sold by
Yang Saishoua
Bought by
Yang Nancy

Purchase Details

Closed on
Jul 15, 2005
Sold by
Lavalle Michael A and Lavalle Sandra L
Bought by
Yang Saishaoua

Range of Values:

Collateral Analytics

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ICE

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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
Alcantara Maria De Jesus $128,000 Superior Title
Wei Shuai $53,000 None Available
Yang Nancy $15,000 None Available
Yang Saishaoua $66,241 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wei Shuai $39,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2023 10/22/23 Off Market $128,000 -- --
09/18/2023 09/18/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $128,000 -- $54 / 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
2023 $2,441 $103,300 $7,900 $95,400
2022 $2,613 $103,300 $7,900 $95,400
2021 $2,462 $86,800 $8,100 $78,700
2020 $2,443 $86,800 $8,100 $78,700
2019 $2,350 $64,700 $8,600 $56,100
2018 $1,637 $64,700 $8,600 $56,100
2017 $1,641 $62,800 $6,300 $56,500
2016 $1,713 $62,300 $6,300 $56,000
2015 -- $59,300 $6,300 $53,000
2014 -- $63,800 $6,300 $57,500
2013 -- $67,200 $6,300 $60,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1850671

Metro MLS

APN: 460-1140-100-7