NOT LISTED FOR SALE

2162 N 48th St Unit 2164 Milwaukee, WI 53208

Washington Heights Neighborhood

Estimated Value: $194,000 - $202,000

6 Beds
2 Baths
2,580 Sq Ft
$77/Sq Ft Est. Value

About This Home

Fully rented two-story duplex located in the desirable Washington Heights neighborhood. This property features 3 bedrooms and 1 bathroom on each floor, providing a total of 6 bedrooms and 2 bathrooms. The property is currently occupied by month-to-month tenants paying $850 per month, providing a steady stream of income for the new owner. With its prime location and spacious units, this duplex is a great investment opportunity. Don't miss out on this chance to own a fully rented property in a sought-after neighborhood. Please allow for 24 hour notice on all showings.

Last Agent to Sell the Property

Bret Duer

The Real Estate Edge, LLC License #92596-94 Listed on: 01/05/2023

Last Buyer's Agent

Ryan Maurer

Keller Williams Realty-Milwaukee Southwest License #86915-94

Keller Williams Realty-Milwaukee Southwest

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,780

Lot Details

  • 3,485 Sq Ft Lot

Interior Spaces

  • 2,580 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: All tenant and sellers personal property
  • Tenant pays for electricity, heat, gas
  • The owner pays for water
  • Assessor Parcel Number 347049000

Property Details

Property Type

Other

Est. Annual Taxes

$1,780

Lot Details

0

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.08
  • Contingent: 2023-02-17
  • Property Information:Est Total Sq Ft: 2580
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Has Basement: Full
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exclusions: All tenant and sellers personal property
  • Construction Type: Wood

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Garage Type: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 347049000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1780.24
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Mar 16, 2023
Sold by
Awarner Llc
Bought by
James Lathea
Seller's Agent
Bret Duer
The Real Estate Edge, LLC
Buyer's Agent
Ryan Maurer
Keller Williams Realty-Milwaukee Southwest
List Price
$165,000
Sold Price
$157,000
Premium/Discount to List
-$8,000
-4.85%
Views
41
Current Estimated Value
$199,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,835
Avg. Annual Appreciation
8.67%
Original Mortgage
$133,450
Outstanding Balance
$129,532
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$64,226

Purchase Details

Closed on
Aug 17, 2016
Sold by
48St Llc
Bought by
A Warner 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
May 29, 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
6.04%
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
$167,105
Interest Rate
8.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 1999
Sold by
Price Schnell
Bought by
S Price Real Estate Holdings Llc

Purchase Details

Closed on
Dec 30, 1998
Sold by
Cullen Dennis J
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
$39,920
Interest Rate
6.78%
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
James Lathea $157,000 Focus Title
A Warner Llc $121,000 None Available
48St Llc $330,000 None Available
S Price Real Estate Holdings Llc -- None Available
Price Schnell -- Reliance Title Services Llc
S Price Real Estate Holdings Llc -- --
Price Schnell $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Lathea $133,450
Previous Owner S Price Real Estate Holdings Llc $136,000
Previous Owner Price Schnell $39,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2023 04/02/23 Off Market $160,000 -- --
02/09/2023 02/09/23 Price Changed $160,000 -3.0% $62 / Sq Ft
01/05/2023 01/05/23 For Sale $165,000 -- $64 / 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 $3,384 $151,400 $6,500 $144,900
2023 $2,561 $108,400 $6,500 $101,900
2022 $2,508 $108,400 $6,500 $101,900
2021 $3,333 $70,400 $6,500 $63,900
2020 $1,827 $70,400 $6,500 $63,900
2019 $2,087 $75,100 $6,200 $68,900
2018 $1,876 $75,100 $6,200 $68,900
2017 $2,136 $62,000 $5,000 $57,000
2016 $1,535 $56,100 $5,000 $51,100
2015 -- $62,300 $5,000 $57,300
2014 -- $65,600 $5,000 $60,600
2013 -- $69,000 $5,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • Bret Duer

    Seller's Agent in 2023

    Bret Duer

    The Real Estate Edge, LLC

    (920) 901-3661

    5 in this area

    76 Total Sales

    Bret Duer
    Section Image

  • R

    Buyer's Agent in 2023

    Ryan Maurer

    Keller Williams Realty-Milwaukee Southwest

    (414) 732-9171

    1 in this area

    69 Total Sales

    Ryan Maurer
    Section Image
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Map

Source: Metro MLS

MLS Number: 1821544

Metro MLS

APN: 347-0490-000-9

Wisconsin Milwaukee County Milwaukee 53208 Washington Heights

2162 N 48th St Unit 2164, Milwaukee, WI

This home is located at 2162 N 48th St Unit 2164, Milwaukee, WI 53208 since 05 January 2023 and is currently estimated at $199,835, approximately $77 per square foot. 2162 N 48th St Unit 2164 is a home located in Milwaukee County with nearby schools including Milwaukee German Immersion School, Craig Montessori School, and La Escuela Fratney.

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