NOT LISTED FOR SALE

2120 S 81st St Milwaukee, WI 53219

Honey Creek Settlement Neighborhood

Estimated Value: $295,000 - $376,000

5 Beds
2 Baths
2,166 Sq Ft
$151/Sq Ft Est. Value

About This Home

Perfect for investors, with the opportunity to owner occupy, this spectacular 3/2 duplex maintains original charms with updated amenities. With tall ceilings and plenty of natural light, each room feels spacious. Keep an eye out for the architectural gems throughout the home - decorative elements that reminisce on traditional sensibilities. You and your tenants will love the convenient location, with easy access to schools, McCarty Park, and great restaurants. Be sure to check out the extensive seller updates! Don't miss this cash-flowing opportunity!

Last Agent to Sell the Property

Nathan Angles

Keller Williams Realty-Milwaukee Southwest Brokerage Phone: 262-599-8980 License #59215-90 Listed on: 05/29/2023

Last Buyer's Agent

Grayson Wallace

Compass RE WI-Northshore License #95132-94

Compass RE WI-Northshore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,858

Year Built

  • Built in 1880

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2,166 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: Seller's personal property, freezer in basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,858

Year Built

Built in 1880

Lot Details

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 refrigerators, 2 oven/ranges, microwave, washer, dryer, 2 window A/C units, oven in basement
  • New Construction: No
  • Year Built: 1880
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2120 S 81st STREET
  • Lot Acreage: 0.14
  • 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: 2166.00

Exterior Features

  • Exclusions: Seller's personal property, freezer in basement
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 1 Car
  • Garage Spaces: 1.5
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • Junior High Dist: West Allis

Lot Info

  • Zoning: Two Family
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3858.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2023
Closed on
Jun 26, 2023
Sold by
Schafer Steven and Schafer Lindsay
Bought by
Kaplanes Alexander
Seller's Agent
Nathan Angles
Keller Williams Realty-Milwaukee Southwest
Buyer's Agent
Grayson Wallace
Compass RE WI-Northshore
List Price
$250,000
Sold Price
$292,000
Premium/Discount to List
$42,000
16.8%
Views
339
Current Estimated Value
$328,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,104
Avg. Annual Appreciation
4.36%
Original Mortgage
$276,892
Outstanding Balance
$268,559
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$59,545

Purchase Details

Closed on
Aug 18, 2020
Sold by
Orkin Joseph and Orkin Kelly
Bought by
Schafer Steven and Schafer Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2018
Sold by
Kersten Timothy H
Bought by
Orkin Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,212
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2002
Sold by
Menzel James R
Bought by
Kersten Timothy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 1999
Sold by
Zarske Daniel T and Zarske Veda F
Bought by
Menzel James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,847
Interest Rate
6.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kaplanes Alexander $292,000 Frontier Title
Schafer Steven $230,000 Lakefront Title Llc
Orkin Joseph $150,800 Prism Title
Kersten Timothy H $115,000 --
Menzel James R $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaplanes Alexander $276,892
Previous Owner Schafer Steven $218,500
Previous Owner Orkin Joseph $143,212
Previous Owner Kersten Timothy H $109,250
Previous Owner Menzel James R $99,847
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2023 07/16/23 Off Market $250,000 -- --
06/01/2023 06/01/23 For Sale $250,000 -- $115 / Sq Ft
Source: Metro MLS

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 $6,041 $299,400 $33,100 $266,300
2023 $3,810 $136,600 $21,700 $114,900
2022 $3,859 $136,600 $21,700 $114,900
2021 $3,730 $136,600 $21,700 $114,900
2020 $3,750 $136,600 $21,700 $114,900
2019 $4,709 $136,600 $21,700 $114,900
2018 $3,897 $136,600 $21,700 $114,900
2017 $4,602 $136,600 $21,700 $114,900
2016 $3,667 $136,600 $21,700 $114,900
2015 $3,649 $136,600 $21,700 $114,900
2014 $3,647 $136,600 $21,700 $114,900
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nathan Angles

    Keller Williams Realty-Milwaukee Southwest

  • G

    Buyer's Agent in 2023

    Grayson Wallace

    Compass RE WI-Northshore

    (262) 957-0402

    1 in this area

    8 Total Sales

    Grayson Wallace
    Section Image
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Map

Source: Metro MLS

MLS Number: 1836303

Metro MLS

APN: 477-0670-000

Wisconsin Milwaukee County Milwaukee 53219 Honey Creek Settlement

2120 S 81st St, Milwaukee, WI

Not Listed for Sale

MultiFamily

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