NOT LISTED FOR SALE

Estimated Value: $79,000 - $175,207

6 Beds
2 Baths
2,374 Sq Ft
$54/Sq Ft Est. Value

Last Sold July 12, 2016

Last sale price $2,500 $1 Per Sq Ft

Est. 5,022% increase in value since last sale

Current estimated payment $784/month

266 Days on Market

Highlights

  • 2 Car Detached Garage
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

As of July 2016

City of Milwaukee REO Tax Foreclosure Property being sold 'as-is'. Seller and its agents make no representations or warranties regarding the property. All building info (sq ft, age, room, sizes, etc) are from MLS, City Record or estimate. Buyer to verify everything. Please see attached documents for Milwaukee Home Buyer Program Assistance info for forgivable loans up to $20,000. Pre-approval or proof of funds are REQUIRED with all offers. See attached scope of work for this property.

Last Agent to Sell the Property

Richard Hickles

Coldwell Banker HomeSale Realty - Wauwatosa Listed on: 10/13/2015

Last Buyer's Agent

Regina Lester

Cherry Home Realty, LLC License #66020-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,374 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: W Lloyd St to N 40th St. South on N 40th St to address. (N 40th St is a 1-way going south)
  • New Construction: No
  • Year Built: 1912
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2020 N 40th STREET #2022
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2374.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0

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: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2014
  • Total Taxes: 1140.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Cassel Natasha N
Bought by
Walker Robert L
Current Estimated Value
$128,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Outstanding Balance
$161,195
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
-$30,715

Purchase Details

Closed on
Feb 26, 2020
Sold by
Illuminate Re Prop Investment & Repair L
Bought by
Cassel Natasha N

Purchase Details

Closed on
Dec 7, 2010
Sold by
City Ventures Llc
Bought by
Helping Hands Housing Inc

Purchase Details

Closed on
Feb 3, 2005
Sold by
Nowak Catherine L and Nowak Thomas R
Bought by
City Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
5.83%
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
Walker Robert L $165,000 Prism Title
Cassel Natasha N $37,400 None Available
Helping Hands Housing Inc $1,121,500 None Available
City Ventures Llc $45,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Robert L $162,011
Previous Owner City Ventures Llc $68,800
Previous Owner City Ventures Llc $72,800
Previous Owner City Ventures Llc $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2016 07/12/16 Sold $2,500 0.0% $1 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $2,500 -- $1 / 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 $1,221 $52,700 $3,600 $49,100
2023 $1,002 $42,400 $3,600 $38,800
2022 $2,775 $42,400 $3,600 $38,800
2021 $2,756 $35,900 $3,300 $32,600
2020 $2,436 $35,900 $3,300 $32,600
2019 $2,585 $36,100 $3,500 $32,600
2018 $2,765 $36,100 $3,500 $32,600
2017 $1,344 $28,900 $3,700 $25,200
2016 $0 $40,700 $3,700 $37,000
2015 -- $40,700 $3,700 $37,000
2014 -- $40,700 $3,700 $37,000
2013 -- $48,000 $3,700 $44,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1447454

Metro MLS

APN: 348-0714-000-2