$175,000
SOLD AUG 26, 2024

2121 S Muskego Ave Unit 2123 Milwaukee, WI 53215

Layton Park Neighborhood
-- Bed
-- Bath
2,400 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

12% Below List Price

44 Days on Market

About This Home

As of August 2024

This is a fantastic opportunity for first-time investors or a valuable addition to an existing portfolio, offering immediate cash flow and potential appreciation. Both units have been recently renovated, including updates to the kitchens and bathrooms. The living and dining rooms feature LVP flooring, while the bedrooms have been newly carpeted, ensuring a modern and comfortable living environment for tenants.

Last Agent to Sell the Property

Houseworks Collective Team*

Compass RE WI-Tosa Listed on: 06/18/2024

Last Buyer's Agent

Houseworks Collective Team*

Compass RE WI-Tosa Listed on: 06/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1913

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and tenant's personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,474

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Fridges; 2 Oven/Ranges
  • New Construction: No
  • Year Built: 1913
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2121 S Muskego AVENUE #2123
  • Lot Acreage: 0.09
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 2400.00

Exterior Features

  • Exclusions: Seller and tenant's personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: None

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: 2023
  • Total Taxes: 2473.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Aug 22, 2024
Sold by
Iron Mountain 1 Llc
Bought by
2121 South Muskego Llc
Seller's Agent
Houseworks Collective Team*
Compass RE WI-Tosa
Buyer's Agent
Houseworks Collective Team*
Compass RE WI-Tosa
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Views
99
Current Estimated Value
$183,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,657
Avg. Annual Appreciation
4.75%
Original Mortgage
$129,375
Outstanding Balance
$128,587
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$53,628

Purchase Details

Closed on
Oct 13, 2022
Sold by
Tallman Alexander
Bought by
Iron Mountain Llc

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 8, 2022
Sold by
Sydor Darla D
Bought by
Tallman Alexander
Seller's Agent
Elizabeth Bertrandt-Klug
Realty Executives - Integrity
Buyer's Agent
Torrey Osman
Compass RE WI-Tosa
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$93,750
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2022
Sold by
Sydor Roman I
Bought by
Sydor Cheryl E
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 Type Sale Price Title Company
Warranty Deed $175,000 Venture Title
Quit Claim Deed -- Knight Barry Title
Warranty Deed $125,000 None Listed On Document
Personal Reps Deed -- Wells David E
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,375 New Conventional
Previous Owner $137,250 New Conventional
Previous Owner $93,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $175,000 -5.4% $73 / Sq Ft
07/25/2024 07/25/24 Price Changed $185,000 -2.6% $77 / Sq Ft
07/16/2024 07/16/24 Price Changed $189,900 -2.6% $79 / Sq Ft
06/27/2024 06/27/24 Price Changed $194,900 -2.1% $81 / Sq Ft
06/20/2024 06/20/24 For Sale $199,000 +59.3% $83 / Sq Ft
09/12/2022 09/12/22 Off Market $124,900 -- --
05/27/2022 05/27/22 For Sale $124,900 -- $52 / 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
2023 $2,545 $107,700 $5,500 $102,200
2022 $2,527 $109,200 $7,300 $101,900
2021 $2,533 $92,300 $7,600 $84,700
2020 $2,594 $92,300 $7,600 $84,700
2019 $1,757 $63,400 $7,600 $55,800
2018 $1,675 $63,400 $7,600 $55,800
2017 $1,829 $69,700 $5,600 $64,100
2016 $2,340 $66,500 $5,600 $60,900
2015 -- $63,000 $5,600 $57,400
2014 -- $67,700 $5,600 $62,100
2013 -- $71,300 $5,600 $65,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1879937

Metro MLS

APN: 470-2024-000-4