NOT LISTED FOR SALE

1601 N Chicago Ave South Milwaukee, WI 53172

Downtown South Milwaukee Neighborhood

Estimated Value: $1,335,822

-- Bed
-- Bath
-- Sq Ft
6.06 Acres

About This Home

This home is located at 1601 N Chicago Ave, South Milwaukee, WI 53172 and is currently estimated at $1,335,822. 1601 N Chicago Ave is a home with nearby schools including Luther Elementary School, South Milwaukee Middle School, and South Milwaukee High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Emanuele Scott
Bought by
Motorplex Llc
Current Estimated Value
$1,335,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Outstanding Balance
$932,790
Interest Rate
7.02%
Estimated Equity
$403,032

Purchase Details

Closed on
Aug 27, 2021
Sold by
Publik Parking Inc
Bought by
Scotts Automotive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,000
Interest Rate
2.7%
Mortgage Type
Construction
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.

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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.

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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.

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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.

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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
Motorplex Llc -- None Listed On Document
Emanuele Scott -- None Listed On Document
Scotts Automotive Llc $10,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motorplex Llc $944,000
Closed Motorplex Llc $944,000
Previous Owner Scotts Automotive Llc $854,000
Source: Public Records

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 $14,047 $1,009,300 $568,200 $441,100
2023 $27,859 $1,009,300 $568,200 $441,100
2022 $27,410 $1,009,300 $568,200 $441,100
2021 $27,003 $0 $0 $0
Source: Public Records

Map

Wisconsin Milwaukee County South Milwaukee 53172 Downtown South Milwaukee

1601 N Chicago Ave, South Milwaukee, WI

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