NOT LISTED FOR SALE

1621 S Union St Unit 1625 Milwaukee, WI 53204

Muskego Way Neighborhood

Estimated Value: $168,760 - $217,000

4 Beds
2 Baths
1,962 Sq Ft
$96/Sq Ft Est. Value

Highlights

  • 0.16 Acre Lot
  • Golda Meir School Rated A-
  • 8 Car Detached Garage

About This Home

Discover this rare find- a 2/1, 2/1 duplex with 8 garage spaces! Property is being sold ''As-Is''. The upper unit is primed for TLC and personalization, offering abundant potential. Lower unit houses a reliable tenant paying $875 per month, including 1 garage space. The lower unit also features the added comfort of air conditioning. 5 of the 8 other garage spaces are currently rented and yield $50-$75 per month each. Renters have expressed interested in staying. Character-rich with wood built-ins, the property boasts 2 yards and a walk-up attic full of untapped possibilities. A distinctive investment opportunity with amazing potential to live in or fully rent out. Sellers have conducted a pre-listing inspection to give potential buyers peace of mind. Don't miss your opportunity- act now!

Last Listed By

Brooke Charles

EXP Realty, LLC~MKE License #96641-94 Listed on: 08/17/2023

EXP Realty, LLC~MKE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,451

Year Built

  • Built in 1922

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 8 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 1,962 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Owner/ lower tenant/ garage tenant's personal property, microwave in lower unit.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,451

Year Built

Built in 1922

Lot Details

0

Parking

8

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 window A/C units, upper unit dishwasher, dishwasher in basement, 2 stoves, 2 refrigerators, washing machine in basement, freezer in basement, shelving & workbenches in basement. Additional flooring and blinds in basement, doors and insulation inattic, and hardwired security system.
  • Directions: Use GPS
  • New Construction: No
  • Year Built: 1922
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 1621 S Union STREET #1625
  • Lot Acreage: 0.16
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1962.00

Exterior Features

  • Exclusions: Owner/ lower tenant/ garage tenant's personal property, microwave in lower unit.
  • Exterior Building Type: 1.5 Story, 2 Story, Duplex
  • Exterior: Stucco/Slate, (C) Stucco

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 4 Car
  • Garage Spaces: 8.0
  • 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 Res. 2 Fam
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 2450.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Oct 23, 2023
Sold by
Morales Juan J
Bought by
Hernandez Marsha Christine and Hernandez Jose Dejesus
Seller's Agent
Brooke Charles
EXP Realty, LLC~MKE
Buyer's Agent
Medina Real Estate Team*
Keller Williams Realty-Milwaukee Southwest
List Price
$195,999
Sold Price
$196,000
Premium/Discount to List
$1
0.0%
Total Days on Market
41
Views
44
Current Estimated Value
$187,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,060
Avg. Annual Appreciation
-5.87%
Original Mortgage
$147,000
Outstanding Balance
$144,926
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$33,639

Purchase Details

Closed on
Jul 14, 2014
Sold by
Thiede Linda S
Bought by
Morales Juan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,446
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2013
Sold by
Thiede Michael R and Thiede Linda S
Bought by
Thiede Michael R and Thiede Linda S

Purchase Details

Closed on
Jul 31, 2002
Sold by
Szlachciuk Stanley and Szlachciuk Linda L
Bought by
Thiede Michael R and Thiede Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

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
Hernandez Marsha Christine $196,000 None Listed On Document
Morales Juan J $102,300 None Available
Thiede Michael R -- None Available
Thiede Michael R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Marsha Christine $147,000
Previous Owner Morales Juan J $98,850
Previous Owner Morales Juan J $100,446
Previous Owner Thiede Michael R $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2023 10/29/23 Off Market $195,999 -- --
09/28/2023 09/28/23 For Sale $195,999 0.0% $100 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $195,999 -4.4% $100 / Sq Ft
09/19/2023 09/19/23 Price Changed $205,000 -4.7% $104 / Sq Ft
09/15/2023 09/15/23 Price Changed $215,000 -2.3% $110 / Sq Ft
08/30/2023 08/30/23 Price Changed $220,000 -4.3% $112 / Sq Ft
08/17/2023 08/17/23 For Sale $229,900 -- $117 / 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 $2,505 $106,000 $8,400 $97,600
2022 $3,928 $106,000 $8,400 $97,600
2021 $2,061 $81,100 $8,600 $72,500
2020 $2,521 $81,100 $8,600 $72,500
2019 $2,227 $70,500 $9,300 $61,200
2018 $2,228 $70,500 $9,300 $61,200
2017 $2,254 $68,400 $7,000 $61,400
2016 $2,357 $67,900 $7,000 $60,900
2015 -- $64,700 $7,000 $57,700
2014 -- $69,600 $7,000 $62,600
2013 -- $73,200 $7,000 $66,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brooke Charles

    EXP Realty, LLC~MKE

    (414) 202-2392

    1 in this area

    5 Total Sales

    Brooke Charles
    Section Image

  • M

    Buyer's Agent in 2023

    Medina Real Estate Team*

    Keller Williams Realty-Milwaukee Southwest

See All Agents

Map

Source: Metro MLS

MLS Number: 1846745

Metro MLS

APN: 459-9999-000-6

Wisconsin Milwaukee County Milwaukee 53204 Muskego Way

1621 S Union St Unit 1625, Milwaukee, WI

Homes for Sale in Milwaukee, WI

This home is located at 1621 S Union St Unit 1625, Milwaukee, WI 53204 since 17 August 2023 and is currently estimated at $187,940, approximately $95 per square foot. This property was built in 1922. 1621 S Union St Unit 1625 is a home located in Milwaukee County with nearby schools including Milwaukee Spanish Immersion School - Upper Campus, La Escuela Fratney, and Milwaukee German Immersion School.

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