NOT LISTED FOR SALE

1603 S 57th St Unit 1605 Milwaukee, WI 53214

Liberty Heights Park Neighborhood

Estimated Value: $207,000 - $260,000

3 Beds
2 Baths
1,540 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $175,000 $114 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,589/month

56 Days on Market

About This Home

As of December 2021

Well maintained 2/1 duplex on corner lot in West Allis! Main level offers eat-in kitchen w/ built-in breakfast bar, ample cabinet space, & private access to basement & backyard. Spacious living room features updated flooring & new windows. The unit is finished out with full bathroom & 2 cozy bedrooms. Upper unit features open living room space that leads into an eat in kitchen with a large pantry. Two large bedrooms & a full bath complete this unit. The full basement has laundry & extra storage space. Private backyard is fenced in & has detached 2 car garage. If you're in need of extra parking, there's also a parking slab included! Perfect for investor or owner occupant in search of passive income, as this is a cash flowing property with upper rented into 2022. Don't miss this opportunity!

Last Agent to Sell the Property

Dylan Arntzen

The Wisconsin Real Estate Group License #76245-94 Listed on: 08/27/2021

Last Buyer's Agent

Barbara Moran

First Weber Inc - Menomonee Falls License #79865-94

First Weber Inc - Menomonee Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Horace Mann Elementary School
  • West Milwaukee Middle School
  • West Allis Central High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Sellers' & Tenant's Personal Property, (1) Microwave

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,768

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: (2)Oven/Range, (2)Refrigerator, (1) Washer. (1)Dryer, EDO+Remotes, Window Treatments
  • Directions: Take Beloit RD and go North onto 57th ST to Home
  • New Construction: No
  • Year Built: 1920
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1603 S 57th St #1605
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1540.00

Exterior Features

  • Exclusions: Sellers' & Tenant's Personal Property, (1) Microwave
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum Trim, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.5
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • School District: West Allis
  • Elementary School: Horace Mann
  • Middle School: West Milwaukee
  • High School: West Allis Central
  • Elementary School: Horace Mann
  • High School: West Allis Central
  • Junior High Dist: West Allis

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3768.13

MLS Schools

  • Middle School: West Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Nov 29, 2021
Sold by
Trec Properties Llc
Bought by
Juarez Solomon
Seller's Agent
Dylan Arntzen
The Wisconsin Real Estate Group
Buyer's Agent
Barbara Moran
First Weber Inc - Menomonee Falls
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$235,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,814
Avg. Annual Appreciation
8.59%
Original Mortgage
$151,353
Outstanding Balance
$140,676
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$95,173

Purchase Details

Closed on
Dec 1, 2020
Sold by
Prahst Douglas and Prahst Margaret M
Bought by
Trec Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 4, 2015
Sold by
Cram Robert T
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Aug 27, 1997
Sold by
Imperl Matthew F
Bought by
Imperl Michael
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
Juarez Solomon $175,000 None Available
Trec Properties Llc $285,000 None Available
Federal National Mortgage Association $74,172 None Available
Imperl Michael $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Solomon $39,000
Open Juarez Solomon $151,353
Previous Owner Trec Properties Llc $226,000
Previous Owner Prahst Douglas $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $175,000 0.0% $114 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $175,000 -- $114 / 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 $3,436 $123,400 $17,900 $105,500
2022 $3,428 $123,400 $17,900 $105,500
2021 $3,364 $123,400 $17,900 $105,500
2020 $3,768 $123,400 $17,900 $105,500
2019 $3,624 $123,400 $17,900 $105,500
2018 $3,325 $123,400 $17,900 $105,500
2017 $3,415 $123,400 $17,900 $105,500
2016 $3,306 $123,400 $17,900 $105,500
2015 $3,228 $121,100 $17,900 $103,200
2014 $4,212 $121,100 $17,900 $103,200
Source: Public Records

Agents Affiliated with this Home

  • Dylan Arntzen

    Seller's Agent in 2021

    Dylan Arntzen

    The Wisconsin Real Estate Group

    (262) 443-1253

    2 in this area

    237 Total Sales

    Dylan Arntzen
    Section Image

  • B

    Buyer's Agent in 2021

    Barbara Moran

    First Weber Inc - Menomonee Falls

    (262) 613-2150

    1 in this area

    55 Total Sales

    Barbara Moran
    Section Image
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Map

Source: Metro MLS

MLS Number: 1760286

Metro MLS

APN: 438-0661-000

Wisconsin Milwaukee County Milwaukee 53214 Liberty Heights Park

1603 S 57th St Unit 1605, Milwaukee, WI

This home is located at 1603 S 57th St Unit 1605, Milwaukee, WI 53214 since 27 August 2021 and is currently estimated at $235,814, approximately $153 per square foot. This property was built in 1920. 1603 S 57th St Unit 1605 is a home located in Milwaukee County with nearby schools including Horace Mann Elementary School, West Milwaukee Intermediate School, and Central High School.

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