NOT LISTED FOR SALE

181 S 78th St Unit 183 Milwaukee, WI 53214

Honey Creek Parkway Neighborhood

Estimated Value: $244,000 - $307,000

6 Beds
2 Baths
2,000 Sq Ft
$142/Sq Ft Est. Value

About This Home

Awesome opportunity for the savvy investor! This 3/3 duplex is located in one of Milwaukee's most convenient locations...close to the the Medical College, I94, Wauwatosa Village, American Family Field, and less than 10 minutes to downtown MKE!!! Lower unit is tenant occupied with an expired lease. No photos will be taken of the lower unit, it will need paint, new flooring, and kitchen/bathroom facelifts. THIS PROPERTY IS IN NEED OF REPAIRS, AND WILL MOST LIKELY NOT QUALIFY FOR FINANCING...PLEASE MAKE SURE YOUR BUYERS ARE AWARE

Last Agent to Sell the Property

Kevin Rigg

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #56753-94 Listed on: 05/15/2023

Last Buyer's Agent

Erica McNamara Guerra

EXP Realty, LLC~MKE License #91160-94

EXP Realty, LLC~MKE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1954

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,898

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: 76th St to Dixon, West to Property
  • New Construction: No
  • Year Built: 1954
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 181 S 78th STREET #183
  • Lot Acreage: 0.1
  • 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: 2000.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.5

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RS6
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 4898.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Abel Real Estate Llc
Bought by
Guerra Abel A
Current Estimated Value
$284,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$239,657
Interest Rate
7.44%
Mortgage Type
Construction
Estimated Equity
$44,386

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 1, 2023
Sold by
Lrei 31 Llc
Bought by
Abel Real Estate Llc
Seller's Agent
Kevin Rigg
Shorewest Realtors, Inc.
Buyer's Agent
Erica McNamara Guerra
EXP Realty, LLC~MKE
List Price
$200,000
Sold Price
$200,000
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%
Original Mortgage
$228,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2021
Sold by
Rigg Kevin and Stabelfeldt Brett
Bought by
Lrei 31 Llc

Purchase Details

Closed on
Jan 28, 2008
Sold by
Bank Of New York Trust Co Na
Bought by
Rigg Kevin and Stabelfeldt Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2007
Sold by
Mccann Patricia I
Bought by
Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na

Purchase Details

Closed on
May 30, 2003
Sold by
Surges Charles A
Bought by
Mccann Patricia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,920
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2001
Sold by
Surges Scott M and Surges Jayne M
Bought by
Surges Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,040
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 1998
Sold by
Schoberg Donald P and Schoberg Victoria L
Bought by
Surges Scott M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,650
Interest Rate
6.75%
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
Guerra Abel A -- Prism Title
Abel Real Estate Llc $200,000 None Listed On Document
Lrei 31 Llc $170,000 None Available
Rigg Kevin $140,000 None Available
Bank Of New York Trust Co Na -- None Available
Mccann Patricia I $174,900 --
Surges Charles A $140,000 --
Surges Scott M $111,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Abel A $243,750
Previous Owner Abel Real Estate Llc $228,000
Previous Owner Rigg Kevin $126,000
Previous Owner Mccann Patricia I $139,920
Previous Owner Surges Charles A $138,040
Previous Owner Surges Scott M $100,650
Closed Mccann Patricia I $34,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2023 06/11/23 Off Market $200,000 -- --
05/18/2023 05/18/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $200,000 -- $100 / 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 $7,838 $259,900 $19,800 $240,100
2023 $4,934 $208,800 $19,800 $189,000
2022 $4,899 $208,800 $19,800 $189,000
2021 $4,171 $161,400 $20,000 $141,400
2020 $4,149 $161,400 $20,000 $141,400
2019 $4,163 $166,900 $13,400 $153,500
2018 $4,251 $166,900 $13,400 $153,500
2017 $4,259 $158,700 $12,200 $146,500
2016 $4,130 $146,500 $12,200 $134,300
2015 -- $141,800 $12,200 $129,600
2014 -- $141,800 $12,200 $129,600
2013 -- $141,800 $12,200 $129,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kevin Rigg

    Shorewest Realtors, Inc.

  • E

    Buyer's Agent in 2023

    Erica McNamara Guerra

    EXP Realty, LLC~MKE

    (414) 389-7081

    1 in this area

    11 Total Sales

    Erica McNamara Guerra
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Map

Source: Metro MLS

MLS Number: 1834290

Metro MLS

APN: 418-0168-000-1

Wisconsin Milwaukee County Milwaukee 53214 Honey Creek Parkway

181 S 78th St Unit 183, Milwaukee, WI

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