NOT LISTED FOR SALE

Estimated Value: $453,022

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 19, 2021

Last sale price $305,000

Est. 49% increase in value since last sale

Current estimated payment $2,955/month

1 Day on Market

About This Home

As of March 2021

Amazing investment opportunity in a very convenient location. This fantastic four family, brick building is an investors dream only being sold due to retirement. Fully occupied, well below market rents leaving room for growth. Nicely updated throughout. Separate utilities, all appliances included. Coin operated laundry. Don't miss this opportunity, it will not last long. Must be seen to be appreciated. Above noted operating expense include taxes, insurance and utilities.

Last Agent to Sell the Property

Jon Ekstrom

Keller Williams Realty-Milwaukee Southwest License #51863-90 Listed on: 02/09/2021

Keller Williams Realty-Milwaukee Southwest

Last Buyer's Agent

Houseworks Collective Team*

Keller Williams Realty-Milwaukee North Shore

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,324

Year Built

  • Built in 1961

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Sellers and tenants personal property

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,324

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 4 refrigerators, 4 oven/ranges, 1 coin operated washing machine, 1 coin operated dryer
  • Directions: National Ave to 89th St. north to property
  • New Construction: No
  • Year Built: 1961
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2039 S 89th St
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Full

Exterior Features

  • Exclusions: Sellers and tenants personal property
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • Junior High Dist: West Allis

Lot Info

  • Zoning: C2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 5324.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 19, 2021
Sold by
2039 Llc
Bought by
Goede Drew Joseph and Goede Lauren Elise
Seller's Agent
Jon Ekstrom
Keller Williams Realty-Milwaukee Southwest
Buyer's Agent
Houseworks Collective Team*
Keller Williams Realty-Milwaukee North Shore
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$453,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,022
Avg. Annual Appreciation
8.96%
Original Mortgage
$221,250
Outstanding Balance
$199,329
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$253,693

Purchase Details

Closed on
Feb 20, 2009
Sold by
Beisbier Robert J and Beisbier Kim M
Bought by
2039 Llc

Purchase Details

Closed on
Jan 25, 2003
Sold by
Ohanian Koharig and Haroain Koharig
Bought by
Beisbier Robert J and Beisbier Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,350
Interest Rate
6.06%
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
Goede Drew Joseph $305,000 None Available
2039 Llc $207,500 None Available
Beisbier Robert J $171,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goede Drew Joseph $221,250
Previous Owner Beisbier Robert J $154,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $305,000 0.0% --
02/10/2021 02/10/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $305,000 -- --
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 $6,998 $344,400 $39,900 $304,500
2023 $5,448 $193,000 $28,100 $164,900
2022 $5,433 $193,000 $28,100 $164,900
2021 $5,314 $193,000 $28,100 $164,900
2020 $5,344 $193,000 $28,100 $164,900
2019 $5,195 $193,000 $28,100 $164,900
2018 $4,355 $160,900 $30,000 $130,900
2017 $4,495 $160,900 $30,000 $130,900
2016 $4,331 $160,900 $30,000 $130,900
2015 $4,310 $160,900 $30,000 $130,900
2014 $4,327 $160,900 $30,000 $130,900
2013 $4,489 $160,900 $30,000 $130,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1726624

Metro MLS

APN: 478-0255-001