NOT LISTED FOR SALE

2123 S 5th Place Milwaukee, WI 53207

Lincoln Village Neighborhood

Estimated Value: $146,000 - $179,000

5 Beds
3 Baths
1,560 Sq Ft
$107/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $98,000 $63 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,127/month

2 Days on Market

About This Home

As of February 2022

Affordable duplex on one-way street right off the freeway can be your new home or a great investment opportunity. Previously rented for $850 and $650. Both units are now vacant for easy move in or ready to lease with your preferred tenants. Both units have been updated with new flooring, paint throughout and two new water heaters. Lower unit wall furnace is only two years old. Building also has a large attic that has its own entrance with a half bath, ceiling fans, and big open space. Has parking slab off the alley that can fit three vehicles. This one is priced to sell. Schedule a showing today.

Last Agent to Sell the Property

Jose Pimienta

Empowerment Realty Group LLC License #85855-94 Listed on: 01/13/2022

Last Buyer's Agent

Jose Santiago

reThought Real Estate License #93673-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,077

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,077

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Right off of 5th Place & Becher
  • New Construction: No
  • Year Built: 1910
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2123 S 5th PL
  • Lot Acreage: 0.06
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Walk Out/Outer Door
  • Second Floor Total Sq Ft: 1560.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

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

  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2021
  • Total Taxes: 2077.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 8, 2022
Sold by
Lonappen Properties Llc
Bought by
Ramirez-Arteaga Jose Santos and Jimenez Angelica Elias
Seller's Agent
Jose Pimienta
Empowerment Realty Group LLC
Buyer's Agent
Jose Santiago
reThought Real Estate
List Price
$98,000
Sold Price
$98,000
Current Estimated Value
$167,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,234
Avg. Annual Appreciation
15.45%

Purchase Details

Closed on
Jan 18, 2019
Sold by
Mercado Rogelio and Garcia Maria Josefina
Bought by
Lonappen Properties Llc

Purchase Details

Closed on
Jul 11, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Mercado Rogelio and Garcia Maria Josefina

Purchase Details

Closed on
Apr 29, 2008
Sold by
Vidrio Silvia Ivone
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2005-Wl2

Purchase Details

Closed on
Sep 13, 2006
Sold by
Vidrio Silvia I
Bought by
Betancourt Carlos I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,429
Interest Rate
6.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 13, 2005
Sold by
Qkm Property Llc
Bought by
Vidrio Silvia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
9.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2003
Sold by
Choudhary Amjad Ali
Bought by
Qkm Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,600
Interest Rate
6.07%
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
Ramirez-Arteaga Jose Santos -- None Listed On Document
Lonappen Properties Llc $60,000 None Available
Mercado Rogelio $28,000 None Available
Deutsche Bank National Trust Co -- None Available
Betancourt Carlos I $71,429 None Available
Vidrio Silvia I $71,000 --
Qkm Property Llc $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Betancourt Carlos I $71,429
Previous Owner Vidrio Silvia I $63,900
Previous Owner Qkm Property Llc $27,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2022 02/08/22 Sold $98,000 0.0% $63 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $98,000 -- $63 / 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 $3,006 $134,900 $10,600 $124,300
2023 $2,968 $125,600 $6,500 $119,100
2022 $2,241 $97,200 $6,500 $90,700
2021 $2,077 $81,700 $6,800 $74,900
2020 $2,063 $81,700 $6,800 $74,900
2019 $1,642 $55,600 $4,500 $51,100
2018 $1,391 $55,600 $4,500 $51,100
2017 $1,432 $52,900 $3,100 $49,800
2016 $1,374 $50,500 $3,100 $47,400
2015 $1,322 $47,800 $3,100 $44,700
2014 $1,653 $51,400 $3,100 $48,300
2013 -- $54,100 $3,100 $51,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jose Pimienta

    Empowerment Realty Group LLC

    (414) 248-8547

    3 in this area

    43 Total Sales

    Jose Pimienta
    Section Image

  • J

    Buyer's Agent in 2022

    Jose Santiago

    reThought Real Estate

See All Agents

Map

Source: Metro MLS

MLS Number: 1776593

Metro MLS

APN: 467-1020-000-9

Wisconsin Milwaukee County Milwaukee 53207 Lincoln Village

2123 S 5th Place, Milwaukee, WI

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