NOT LISTED FOR SALE

2161 S 16th St Unit 2163 Milwaukee, WI 53215

Forest Home Hills Neighborhood

Estimated Value: $168,354 - $177,000

4 Beds
2 Baths
1,902 Sq Ft
$91/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $137,500 $72 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,135/month

2 Days on Market

Highlights

  • 2 Car Detached Garage
  • Asbestos
  • Wood Siding
  • Golda Meir School Rated A-

About This Home

As of September 2021

Only available as buyer financing fell through! Renovated and revamped 3/3 duplex in up and coming Historic Mitchell area available to cash flow for a new owner! Recent updates include: tear off roof, furnaces, water heaters, windows, appliances & more, just start collecting money and pad your portfolio with a timeless and solid building. No need for any repairs to get this income property working for you today! Average rents in the area around $900-100 per unit per month. Low annual taxes and 3 bedrooms per unit, eat-in kitchens and separate living rooms. Large two car garage makes it even more appealing to even the choosiest tenants! Make a smart move and get this one on your payroll today. All the work is done for you. Can also be purchased with nearby 1747423.

Last Agent to Sell the Property

Terra J Pugh-Radtke

Realty Executives Integrity~Brookfield License #73809-94 Listed on: 08/16/2021

Realty Executives Integrity~Brookfield

Last Buyer's Agent

juan Alcantara

First West Realty, LLC License #72595-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot

Parking

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

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Asbestos

Interior Spaces

  • 1,902 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

$1,173

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 refrigerators, 2 gas ovens with stovetops
  • Directions: located between Becher and Grant on South 16th Street.
  • New Construction: No
  • Year Built: 1890
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2161 S 16th St #2163
  • Lot Acreage: 0.07
  • 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: 1902.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Asbestos/Asphalt, Partial-Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 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: 2020
  • Total Taxes: 1172.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Oct 8, 2021
Sold by
Macy Investments Llc
Bought by
Jj Re Llc
Seller's Agent
Terra J Pugh-Radtke
Realty Executives Integrity~Brookfield
Buyer's Agent
juan Alcantara
First West Realty, LLC
List Price
$137,500
Sold Price
$137,500
Current Estimated Value
$172,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,089
Avg. Annual Appreciation
5.66%
Original Mortgage
$103,125
Outstanding Balance
$94,040
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$78,549

Purchase Details

Closed on
Dec 3, 2019
Sold by
South2161 Llc
Bought by
Macy Investments Llc

Purchase Details

Closed on
Jun 10, 2017
Sold by
Grooms Susan M and Price Susan M
Bought by
South 2161 Llc

Purchase Details

Closed on
Apr 28, 2016
Sold by
Grooms Susan M and Price Susan M
Bought by
South2161 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,767
Interest Rate
5%
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
Jj Re Llc $137,500 None Available
Macy Investments Llc $35,000 None Available
South 2161 Llc -- None Available
South2161 Llc $10,767 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jj Re Llc $103,125
Previous Owner South2161 Llc $9,767
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $137,500 0.0% $72 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $137,500 -- $72 / 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 $2,737 $123,200 $8,400 $114,800
2023 $2,602 $110,100 $6,900 $103,200
2022 $2,583 $110,100 $6,900 $103,200
2021 $1,582 $54,700 $7,200 $47,500
2020 $1,173 $54,700 $7,200 $47,500
2019 $2,526 $46,300 $7,100 $39,200
2018 $1,712 $46,300 $7,100 $39,200
2017 $2,908 $44,100 $5,100 $39,000
2016 $1,762 $42,000 $5,100 $36,900
2015 -- $39,800 $5,100 $34,700
2014 -- $42,800 $5,100 $37,700
2013 -- $45,100 $5,100 $40,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Terra J Pugh-Radtke

    Realty Executives Integrity~Brookfield

    Section Image

  • j

    Buyer's Agent in 2021

    juan Alcantara

    First West Realty, LLC

    Section Image
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Map

Source: Metro MLS

MLS Number: 1758338

Metro MLS

APN: 469-2735-000-9

Wisconsin Milwaukee County Milwaukee 53215 Forest Home Hills

2161 S 16th St Unit 2163, Milwaukee, WI

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