NOT LISTED FOR SALE

1712 E Park Place Unit 1714 Milwaukee, WI 53211

Riverside Park Neighborhood

Estimated Value: $400,000 - $466,000

6 Beds
2 Baths
2,474 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $262,500 $106 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,936/month

123 Days on Market

Highlights

  • Asbestos
  • Golda Meir School Rated A-
  • 5-minute walk to Riverside Park

About This Home

As of June 2022

This student rental makes a perfect investment. Always occupied and tenants pay all of the utilities. Add this one to your portfolio and start bringing in the rents. Seller has 2 other duplexes in this area and will sell as a package.2716 N Cramer and 2476 n Frederick.

Last Agent to Sell the Property

Brian Altman

Realty Executives - Elite License #43258-94 Listed on: 01/17/2022

Last Buyer's Agent

Ryan Pattee

Boardwalk Realty LLC License #71447-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 1904

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Asbestos

Interior Spaces

  • 2,474 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,454

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Oakland Ave west on Park Pl
  • New Construction: No
  • Year Built: 1904
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1712 E Park PLACE #1714
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2474.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Asbestos/Asphalt

Garage/Parking

  • Parking Features:Workshop in Garage: None

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: RT3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 6454.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Pct 2 Llc
Bought by
Bentley Sara J
Current Estimated Value
$431,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,650
Outstanding Balance
$380,813
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$43,118

Purchase Details

Listed on
Jan 17, 2022
Closed on
Jun 8, 2022
Sold by
Fox Properties Llc
Bought by
Pct 2 Llc
Seller's Agent
Brian Altman
Realty Executives - Elite
Buyer's Agent
Ryan Pattee
Boardwalk Realty LLC
List Price
$262,500
Sold Price
$262,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.00%
Original Mortgage
$200,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2000
Sold by
Karos Romersi Fabio and Karos Romersi Eve
Bought by
Fox Properties Llc

Purchase Details

Closed on
Feb 11, 1998
Sold by
Liebl Gerard S and Liebl Anita L
Bought by
Karos Romersi Fabio and Karos Romersi Eve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
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
Bentley Sara J $407,000 None Listed On Document
Pct 2 Llc $262,500 None Listed On Document
Fox Properties Llc -- --
Karos Romersi Fabio $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bentley Sara J $386,650
Previous Owner Pct 2 Llc $1,000,000
Previous Owner Pct 2 Llc $200,000
Previous Owner Fox Properties Llc $155,000
Previous Owner Fox Properties Llc $106,445
Previous Owner Karos Romersi Fabio $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $262,500 0.0% $106 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $262,500 -- $106 / 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 $7,079 $312,600 $71,700 $240,900
2023 $6,016 $254,600 $71,700 $182,900
2022 $5,989 $254,600 $71,700 $182,900
2021 $6,486 $249,500 $71,600 $177,900
2020 $6,454 $249,500 $71,600 $177,900
2019 $6,553 $227,300 $71,800 $155,500
2018 $5,814 $227,300 $71,800 $155,500
2017 $5,567 $206,600 $29,700 $176,900
2016 $5,527 $195,200 $29,700 $165,500
2015 -- $195,200 $29,700 $165,500
2014 -- $190,700 $29,700 $161,000
2013 -- $190,700 $29,700 $161,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1777075

Metro MLS

APN: 315-0132-000-8