NOT LISTED FOR SALE

1961 S 5th St Milwaukee, WI 53204

Historic Mitchell Street Neighborhood

Estimated Value: $99,000 - $127,000

4 Beds
1 Bath
1,200 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 08, 2018

Last sale price $34,000 $28 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $741/month

23 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Fenced Yard
  • Forced Air Heating System
  • Golda Meir School Rated A-
  • Bathtub with Shower
  • High Speed Internet

About This Home

As of October 2018

Investment or fixer upper property. Sold as is. Seller makes no warranties, disclosures or representations. All room sizes are approximate. Would be best for a CASH BUYER. No off street parking. Located close to the Hot Bayview area. Needs some TLC. Home has a newer roof.

Last Agent to Sell the Property

Cindy Sobczak

Realty Executives - Elite License #43129-90 Listed on: 08/21/2018

Last Buyer's Agent

Graig Goldman

RE/MAX Lakeside-North License #51325-90

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1885

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced Yard
  • Property is zoned RT4

Home Design

  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Basement

  • Partial Basement
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller and tenants personal property.

Home Details

Home Type

Single Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Prop. Type: Single-Family
  • Directions: Mitchell St to S 5th St, south to property.
  • New Construction: No
  • Year Built: 1885
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 1961 S 5th STREET
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave
  • Has Basement: Block, Partial
  • Interior Amenities: Cable/Satellite Available, High Speed Internet
  • Bathroom Description: Tub Only, Ceramic Tile, Shower Over Tub
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 1200.00

Exterior Features

  • Exclusions: Seller and tenants personal property.
  • Exterior Features: Fenced Yard
  • Exterior Building Type: 1.5 Story
  • Exterior: Aluminum/Steel, Aluminum, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2017
  • Total Taxes: 1455.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 8, 2018
Sold by
Lugo William A and Lugo Noemi
Bought by
Atkinson Ventures Llc
Seller's Agent
Cindy Sobczak
Realty Executives - Elite
Buyer's Agent
Graig Goldman
RE/MAX Lakeside-North
List Price
$34,000
Sold Price
$34,000
Current Estimated Value
$114,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,333
Avg. Annual Appreciation
18.74%

Purchase Details

Closed on
Mar 26, 2004
Sold by
Gomez Domingo
Bought by
Lugo William A and Lugo Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1996
Sold by
Green Julia L and Laplant Julia
Bought by
Gomez Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,150
Interest Rate
7.75%
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
Atkinson Ventures Llc $34,000 None Available
Lugo William A $40,000 --
Gomez Domingo $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lugo William A $36,000
Previous Owner Gomez Domingo $26,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2018 10/08/18 Sold $34,000 0.0% $28 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $34,000 -- $28 / 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 $1,685 $77,300 $11,000 $66,300
2023 $1,328 $56,200 $6,800 $49,400
2022 $1,265 $56,200 $6,800 $49,400
2021 $1,123 $45,400 $7,000 $38,400
2020 $1,113 $45,400 $7,000 $38,400
2019 $1,170 $46,700 $6,800 $39,900
2018 $1,141 $46,700 $6,800 $39,900
2017 $1,456 $49,100 $4,800 $44,300
2016 $1,322 $48,700 $4,800 $43,900
2015 $1,216 $44,200 $4,800 $39,400
2014 $1,244 $44,200 $4,800 $39,400
2013 -- $46,600 $4,800 $41,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Cindy Sobczak

    Realty Executives - Elite

  • G

    Buyer's Agent in 2018

    Graig Goldman

    RE/MAX

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Map

Source: Metro MLS

MLS Number: 1602104

Metro MLS

APN: 467-0356-000-8

Wisconsin Milwaukee County Milwaukee 53204 Historic Mitchell Street

1961 S 5th St, Milwaukee, WI

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