NOT LISTED FOR SALE

Estimated Value: $129,000 - $190,000

6 Beds
2 Baths
2,552 Sq Ft
$66/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $150,000 $59 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,133/month

4 Days on Market

About This Home

As of July 2024

Great investment opportunity! This large 3/3 duplex is ready for a new owner. Fully rented, some updates, needs some LTC.

Last Agent to Sell the Property

Haley Burlage

ERA MyPro Realty License #59222-90 Listed on: 06/20/2024

Last Buyer's Agent

Michael Argeropoulos

EXP Realty, LLC~MKE License #79503-94

EXP Realty, LLC~MKE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1911

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,552 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants personal property, Window AC Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,228

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: All appliances
  • Directions: Property is located on N 48th St between Lloyd St and Garfield Ave.21N 48W
  • New Construction: No
  • Year Built: 1911
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2107 N 48th STREET #2109
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2552.00

Exterior Features

  • Exclusions: Tenants personal property, Window AC Units
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

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: RES
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 2227.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 5, 2024
Sold by
Afavorite 1 Llc
Bought by
Shay Zachary and Shay Kathryn
Seller's Agent
Haley Burlage
ERA MyPro Realty
Buyer's Agent
Michael Argeropoulos
EXP Realty, LLC~MKE
List Price
$117,900
Sold Price
$150,000
Premium/Discount to List
$32,100
27.23%
Views
11
Current Estimated Value
$168,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,095
Avg. Annual Appreciation
4.90%
Original Mortgage
$120,000
Outstanding Balance
$119,071
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$39,570

Purchase Details

Closed on
Sep 29, 2023
Sold by
Afavorite I Llc
Bought by
Psv Homes Llc

Purchase Details

Closed on
Feb 9, 2021
Sold by
Asnafu1 Llc
Bought by
Afavorite 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 30, 2015
Sold by
48St Llc
Bought by
Asnafu1 Llc

Purchase Details

Closed on
Mar 26, 2015
Sold by
S Price Real Estate Holdings Llc
Bought by
48St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250
Interest Rate
15%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 25, 2008
Sold by
Price Schnell
Bought by
S Price Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2006
Sold by
S Price Real Estate Holdings Llc
Bought by
Price Schnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
8.6%
Mortgage Type
Unknown
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
Shay Zachary $150,000 None Listed On Document
Psv Homes Llc $530,000 None Listed On Document
Afavorite 1 Llc $140,000 None Available
Asnafu1 Llc $500,000 None Available
48St Llc $330,000 None Available
S Price Real Estate Holdings Llc -- None Available
Price Schnell -- Reliance Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shay Zachary $120,000
Previous Owner Afavorite 1 Llc $450,000
Previous Owner S Price Real Estate Holdings Llc $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $150,000 +27.2% $59 / Sq Ft
06/20/2024 06/20/24 For Sale $117,900 -- $46 / 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 $2,902 $130,400 $7,000 $123,400
2023 $2,299 $97,300 $7,000 $90,300
2022 $2,278 $97,300 $7,000 $90,300
2021 $2,163 $67,100 $7,000 $60,100
2020 $4,502 $67,100 $7,000 $60,100
2019 $1,994 $73,400 $7,000 $66,400
2018 $1,832 $73,400 $7,000 $66,400
2017 $2,294 $70,200 $5,800 $64,400
2016 $1,868 $67,700 $5,800 $61,900
2015 -- $75,200 $5,800 $69,400
2014 -- $79,200 $5,800 $73,400
2013 -- $83,300 $5,800 $77,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1880541

Metro MLS

APN: 347-9980-000-6