NOT LISTED FOR SALE

Estimated Value: $164,000 - $445,982

3 Beds
2 Baths
1,426 Sq Ft
$173/Sq Ft Est. Value

About This Home

This fully rented duplex + a mother in-law suite with kitchen is the perfect opportunity to build your portfolio today! Ideal location, with easy access to major highways, public transportation, dining and entertainment options.Great, longterm tenants on a MTM lease. Gross rents are $1,825. Under market value rents.Upper unit and in-law suite are rented to a family. Owner pays gas and electric.''SOLD AS IS''

Last Agent to Sell the Property

Ana Aguilera Gomez

Homes of Fortune Realty LLC License #95932-94 Listed on: 03/09/2023

Last Buyer's Agent

Carlos Rios

NextHome My Way License #87467-94

NextHome My Way

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 1905

Lot Details

  • 3,049

Home Design

  • Duplex
  • Vinyl Siding

Parking

  • Enclosed Parking
  • Outside Parking

Additional Features

  • Multi-Level Property
  • 3,049 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Seller and tenant's personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,753

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 refrigerators and 3 stoves.
  • Directions: Lincoln Ave, north on 17th St to property.
  • New Construction: No
  • Year Built: 1905
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2247 S 17th STREET #2249
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: None / Slab

Exterior Features

  • Exclusions: Seller and tenant's personal property.
  • Exterior Building Type: Duplex +
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 1752.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 9, 2023
Sold by
Ragir Group Llc
Bought by
Olvera Guillermo Tapia
Seller's Agent
Ana Aguilera Gomez
Homes of Fortune Realty LLC
Buyer's Agent
Carlos Rios
NextHome My Way
List Price
$199,000
Sold Price
$150,000
Premium/Discount to List
-$49,000
-24.62%
Views
106
Current Estimated Value
$247,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,246
Avg. Annual Appreciation
23.75%
Original Mortgage
$127,500
Outstanding Balance
$125,461
Interest Rate
8.88%
Mortgage Type
New Conventional
Estimated Equity
$121,512

Purchase Details

Closed on
Dec 23, 2015
Sold by
Primestar Fund Ii Trs Inc
Bought by
Ragir Group Llc

Purchase Details

Closed on
Sep 18, 2015
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Primestar Fund Ii Trs Inc

Purchase Details

Closed on
Aug 6, 2015
Sold by
Gonzalez Luis M and Ortega Norma
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Mar 31, 2004
Sold by
Messmer Michael T
Bought by
Gonzalez Luis M and Ortega Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2003
Sold by
City Of Milwaukee
Bought by
Messmer Michael T
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
Olvera Guillermo Tapia $150,000 None Listed On Document
Ragir Group Llc $20,200 Bay National Title Company
Primestar Fund Ii Trs Inc $25,750 None Available
Wilmington Savings Fund Society Fsb -- None Available
Gonzalez Luis M $85,000 --
Messmer Michael T $21,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olvera Guillermo Tapia $127,500
Previous Owner Gonzalez Luis M $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2023 05/14/23 Off Market $150,000 -- --
04/11/2023 04/11/23 Pending -- -- --
04/10/2023 04/10/23 Price Changed $150,000 -16.2% $105 / Sq Ft
03/21/2023 03/21/23 Price Changed $179,000 -10.1% $126 / Sq Ft
03/09/2023 03/09/23 For Sale $199,000 -- $140 / 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 $3,111 $129,300 $11,100 $118,200
2023 $1,812 $76,700 $6,800 $69,900
2022 $1,753 $76,700 $6,800 $69,900
2021 $1,586 $63,000 $7,100 $55,900
2020 $1,574 $63,000 $7,100 $55,900
2019 $1,426 $49,100 $6,900 $42,200
2018 $1,203 $49,100 $6,900 $42,200
2017 $1,201 $46,700 $4,900 $41,800
2016 $1,481 $44,500 $4,900 $39,600
2015 -- $42,100 $4,900 $37,200
2014 -- $45,300 $4,900 $40,400
2013 -- $47,700 $4,900 $42,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1826791

Metro MLS

APN: 469-3138-000-1