NOT LISTED FOR SALE

1802 E Howard Ave Milwaukee, WI 53207

Tippecanoe Neighborhood

Estimated Value: $729,154

4 Beds
-- Bath
5,808 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2023

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

Est. 16% increase in value since last sale

Current estimated payment $5,227 / mo

126 Days on Market

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

Epique Realty License #98767-94 Listed on: 05/30/2023

Last Buyer's Agent

Timothy Klingman

Homestead Realty, Inc License #56904-90

Homestead Realty, Inc

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 5,808 Sq Ft Home
  • Brick Exterior Construction

Basement

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

Community Details

  • Operating Expense $16,000
  • Net Operating Income $55,040

Listing and Financial Details

  • Exclusions: Seller's and tenant's personal property
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water, electric/public, heat
  • Assessor Parcel Number 5469957000

Property Details

Home Type

Multi-Family

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.17
  • Inclusions: Refrigerator (4) Ranges (4) Washers (2) Dryers (2)
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water, Electric/Public, Heat
  • Has Basement: Laundry Facilities, Block, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Seller's and tenant's personal property
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Indoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 5469957000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Property Net Operating Income: 55040
  • Annual Operating Expense: 16000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Nov 29, 2023
Sold by
Bought by
Seller's Agent
Bianca Pilmaier
Epique Realty
Buyer's Agent
Timothy Klingman
Homestead Realty, Inc
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Views
235
Current Estimated Value
$729,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,154
Avg. Annual Appreciation
5.74%
Original Mortgage
$504,000
Interest Rate
0.0763%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2016
Sold by
Bought by

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
0.0358%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2010
Sold by
Bought by

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
0.0458%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2005
Sold by
Bought by

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
0.0591%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 Focus Title
$367,000 Attorney
$235,000 None Available
$325,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $504,000
Previous Owner $212,000
Previous Owner $100,000
Previous Owner $197,600
Previous Owner $211,000
Previous Owner $50,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $15,195 $665,750 $19,000 $646,750
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

    Epique Realty

    (414) 574-6065

    1 in this area

    8 Total Sales

    Bianca Pilmaier
    Section Image

  • T

    Buyer's Agent in 2023

    Timothy Klingman

    Homestead Realty, Inc

    (414) 254-1940

    3 in this area

    29 Total Sales

    Timothy Klingman
    Section Image
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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

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