NOT LISTED FOR SALE

1641 N Franklin Place Unit 5 Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $132,000 - $140,000

1 Bed
1 Bath
450 Sq Ft
$100/mo HOA Fee

Last Sold May 30, 2024

Last sale price $123,500 $274 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,084/month

42 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1-Story Property
  • Forced Air Heating System
  • Golda Meir School Rated A-

About This Home

As of May 2024

This property is now open to OWNER OCCUPANTS ONLY through April 30, 2024. This property is being offered as a tax foreclosure by the City of Milwaukee. Please see attached scope of work with the essential renovation costs of $250 and the total scope of work totaling $250. Room and lot sizes are estimates & all information should be verified. Property being sold in 'as-is' condition. Property is subject to a performance deposit. Earnest money to be paid to Knight Barry Title and can be mailed or dropped off. Please indicate Knight Barry will be holding EM.

Last Agent to Sell the Property

Jessica Vroman

Homestead Realty, Inc License #57195-90 Listed on: 04/05/2024

Homestead Realty, Inc

Last Buyer's Agent

Da'Jon Perique

Mid-Coast MKE Realty License #111332-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,029

Year Built

  • Built in 2008

Lot Details

  • 1,525

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Surface Parking
  • Assigned Parking
  • 1 to 5 Parking Spaces

Home Design

  • Vinyl Siding
  • Aluminum Trim
  • Masonite

Interior Spaces

  • 450 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 5 Units
  • Mid-Rise Condominium
  • Franklin Place Condos

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,029

Year Built

Built in 2008

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Directions: E Brady Street to N Franklin Place, South to Property. Property is on Second Floor.
  • New Construction: No
  • Year Built: 2008
  • CondoFeeMonthly: 100.0
  • CondoUnitType: 1 Story
  • Full Street Address: 1641 N Franklin PLACE #5
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven, Range
  • Has Basement: Partial
  • Interior Amenities: Cable/Satellite Available, In-Unit Laundry, Wood or Sim.Wood Floors
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 450.00

Exterior Features

  • Exterior Building Type: Midrise: 3-5 Stories
  • Exterior: Aluminum Trim, Masonite/PressBoard, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space, Assigned, Surface

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Franklin Place
  • Association Pet Rules:Pets Permitted: No

Condo/Co-op/Association

  • Number Units In Association: 5

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RM5

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3029.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 30, 2024
Sold by
City Of Milwaukee
Bought by
Petersen Zlatomira and Petersen Robert
Seller's Agent
Jessica Vroman
Homestead Realty, Inc
Buyer's Agent
Da'Jon Perique
Mid-Coast MKE Realty
List Price
$123,500
Sold Price
$123,500
Views
57
Current Estimated Value
$135,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,970
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Jan 24, 2013
Sold by
Pyrmax Bank
Bought by
Whitcomb Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2012
Sold by
Whitcomb Michael J
Bought by
Pyramax Bank
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
Petersen Zlatomira -- None Listed On Document
Whitcomb Michael J $92,000 None Available
Pyramax Bank $61,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitcomb Michael J $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $123,500 0.0% $274 / Sq Ft
04/05/2024 04/05/24 For Sale $123,500 -- $274 / 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 -- $127,200 $16,700 $110,500
2023 $2,955 $127,200 $16,700 $110,500
2022 $2,955 $127,200 $16,700 $110,500
2021 $2,886 $112,500 $16,700 $95,800
2020 $2,869 $112,500 $16,700 $95,800
2019 $3,782 $122,300 $16,700 $105,600
2018 $3,097 $122,300 $16,700 $105,600
2017 $3,265 $122,300 $16,700 $105,600
2016 $3,435 $122,300 $16,700 $105,600
2015 -- $119,900 $16,700 $103,200
2014 -- $119,900 $16,700 $103,200
2013 -- $119,900 $16,700 $103,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jessica Vroman

    Homestead Realty, Inc

    (414) 687-4669

    1 in this area

    43 Total Sales

    Jessica Vroman
    Section Image

  • D

    Buyer's Agent in 2024

    Da'Jon Perique

    Mid-Coast MKE Realty

    (414) 429-6239

    1 in this area

    6 Total Sales

    Da'Jon Perique
    Section Image
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Map

Source: Metro MLS

MLS Number: 1870586

Metro MLS

APN: 359-2045-000-6

Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

1641 N Franklin Place Unit 5, Milwaukee, WI

This home is located at 1641 N Franklin Place Unit 5, Milwaukee, WI 53202 since 05 April 2024 and is currently estimated at $135,470, approximately $301 per square foot. This property was built in 2008. 1641 N Franklin Place Unit 5 is a home located in Milwaukee County with nearby schools including Cass Street School, Milwaukee German Immersion School, and Craig Montessori 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.

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