NOT LISTED FOR SALE

1802 E Howard Ave Milwaukee, WI 53207

Tippecanoe Neighborhood

Estimated Value: $748,579

4 Beds
-- Bath
5,808 Sq Ft
$129/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $630,000 $108 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,211/month

126 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating and Cooling System
  • Hot Water Heating System

About This Home

As of December 2023

1802 E Howard Ave sits on a bright, moderately trafficked corner in the neighborhood of Tippecanoe bordering St. Francis. This Spanish Mediterranean revival style, two-story brick commercial/residential building is a wonderful opportunity for a steady stream of income. Within this historic building with tile roof overhangs and colored decorative tiles are four 2 bedroom, 1 bath apartments, a commercial space with 4 individual offices including a communal space. The sunny apartments contain unique decorative features, spacious layouts and 4 convenient parking spaces in the detached garage. Originally a bakery, the 2300 SF of commercial space on the first floor, currently office spaces, is available for a wide range of uses. Seize this golden opportunity to own this lucrative property!

Last Agent to Sell the Property

Bianca Pilmaier

Keller Williams Realty-Milwaukee North Shore License #98767-94 Listed on: 05/30/2023

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Timothy Klingman

North Shore Homes, Inc. License #56904-90

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,666

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,808 Sq Ft Home
  • Multi-Level Property

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Exclusions: Seller's and tenant's personal property

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,666

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Refrigerator (4)Ranges (4)Washers (2)Dryers (2)
  • New Construction: No
  • Year Built: 1930
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 1802 E Howard AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.17
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Block, Full, Laundry Facilities
  • Second Floor Total Sq Ft: 5808.00

Exterior Features

  • Exclusions: Seller's and tenant's personal property
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Indoor Space
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: NS2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 9666.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Nov 29, 2023
Sold by
Pilmaier & Dudley Properties Llc
Bought by
South Shore Property Mke Llc
Seller's Agent
Bianca Pilmaier
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Timothy Klingman
North Shore Homes, Inc.
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Views
238
Current Estimated Value
$748,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,579
Avg. Annual Appreciation
9.50%
Original Mortgage
$504,000
Outstanding Balance
$495,841
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$252,738

Purchase Details

Closed on
Jun 30, 2016
Sold by
Bta Investments Llc
Bought by
Pilmaier & Dudley 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
$212,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2010
Sold by
Borchardt Investments Llc
Bought by
Bta Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
4.58%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2005
Sold by
Marx Michael M
Bought by
Borchardt Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.91%
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
South Shore Property Mke Llc $630,000 Focus Title
Pilmaier & Dudley Properties Llc $367,000 Attorney
Bta Investments Llc $235,000 None Available
Borchardt Investments Llc $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Shore Property Mke Llc $504,000
Previous Owner Pilmaier & Dudley Properties Llc $212,000
Previous Owner Bta Investments Llc $211,000
Previous Owner Borchardt Investments Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2023 12/04/23 Sold $630,000 0.0% $108 / Sq Ft
11/30/2023 11/30/23 Off Market $630,000 -- --
07/21/2023 07/21/23 Price Changed $674,900 -3.4% $116 / Sq Ft
05/30/2023 05/30/23 For Sale $699,000 -- $120 / 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 $15,195 $635,000 $19,000 $616,000
2023 $9,665 $409,000 $19,000 $390,000
2022 $9,777 $409,000 $19,000 $390,000
2021 $10,780 $409,000 $19,000 $390,000
2020 $10,628 $409,000 $19,000 $390,000
2019 $10,660 $406,000 $19,000 $387,000
2018 $10,505 $406,000 $19,000 $387,000
2017 $11,380 $417,000 $19,000 $398,000
2016 $7,941 $277,000 $19,000 $258,000
2015 $8,117 $277,000 $19,000 $258,000
2014 $8,288 $277,000 $19,000 $258,000
2013 -- $277,000 $19,000 $258,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bianca Pilmaier

    Keller Williams Realty-Milwaukee North Shore

    (414) 574-6065

    1 in this area

    6 Total Sales

    Bianca Pilmaier
    Section Image

  • T

    Buyer's Agent in 2023

    Timothy Klingman

    North Shore Homes, Inc.

See All Agents

Map

Source: Metro MLS

MLS Number: 1836187

Metro MLS

APN: 546-9957-000-4

Wisconsin Milwaukee County Milwaukee 53207 Tippecanoe

1802 E Howard Ave, Milwaukee, WI

Not Listed for Sale

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