NOT LISTED FOR SALE

2316 N Weil St Unit 2318 Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $426,000 - $456,546

8 Beds
3 Baths
3,404 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $325,000 $95 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,994/month

20 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • 3-minute walk to Kilbourn Reservoir Park
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

As of May 2021

Rare Riverwest Brick Triplex! Great location near all the amenities of North Ave and down the street from Kilbourn Resevoir Park.First and second floor units are 3 bedrooms each and the 3rd floor attic unit is 2 bedrooms. Very strong rental history. The second floor flat was recently remodeled with new granite counters and cabinets in the kitchen. The bathroom has new tile floor, toilet, vanity, sink and light fixtures. The unit has been freshly painted too. The hardwood floors were also refinished and shine. There are separate storage areas and laundry facilities. The tenants pay gas, electric, heat and water/sewer. Owner pays no utilities. This is a great property to add to your portfolio or start fresh. Call now to schedule your showing!

Last Agent to Sell the Property

Andrew Meurer

Milwaukee Executive Realty, LLC License #56982-90 Listed on: 02/28/2021

Last Buyer's Agent

Kathleen Klassen

Riverwest Realty Milwaukee License #78479-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,223

Year Built

  • Built in 1924

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,404 Sq Ft Home
  • Multi-Level Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Seller's/Tenant's Personal Property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,223

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Ovens/Ranges(3), Refrigerators(3), Dishwasher(1), Washer/Dryer(1)
  • Directions: Humboldt Ave to Meineke St, West 1 block to Weil, South to Address.
  • New Construction: No
  • Year Built: 1924
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2316 N Weil St #2318
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.09
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 3404.00

Exterior Features

  • Exclusions: Seller's/Tenant's Personal Property.
  • Exterior Building Type: Apartment Building, Duplex +
  • Exterior: Brick/Stone, Brick, Partial-Wood

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 3 - 4

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 7223.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
May 5, 2021
Sold by
2727 Pierce Llc
Bought by
Paczwa Kevin
Seller's Agent
Andrew Meurer
Milwaukee Executive Realty, LLC
Buyer's Agent
Kathleen Klassen
Riverwest Realty Milwaukee
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$442,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,137
Avg. Annual Appreciation
7.20%
Original Mortgage
$260,000
Outstanding Balance
$235,625
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$206,512

Purchase Details

Closed on
Apr 5, 2013
Sold by
Securant Bank & Trust
Bought by
2727 Pierce Llc

Purchase Details

Closed on
Jan 19, 2012
Sold by
Best Derek and Overland James
Bought by
Securant Bank & Trust

Purchase Details

Closed on
Jan 20, 2009
Sold by
Overland James D
Bought by
Overland James D and Best Derek

Purchase Details

Closed on
Mar 19, 2008
Sold by
Us Bank Na
Bought by
Overland James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2007
Sold by
Quintero Abraham S
Bought by
Us Bank Na and Structured Asset Securities Corp Structu

Purchase Details

Closed on
Apr 6, 2005
Sold by
Dominion Llc
Bought by
Quintero Abraham S and Quintero Iris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2001
Sold by
Oconnor Michael
Bought by
Dominion Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2000
Sold by
Craite Jeanne Reifenrath
Bought by
Oconnor Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 1996
Sold by
Craite Brian J and Craite John Robert
Bought by
Craite Jeanne Reifenrath
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
Paczwa Kevin $325,000 None Available
2727 Pierce Llc $115,000 None Available
Securant Bank & Trust $110,000 None Available
Overland James D $83,500 None Available
Overland James D $167,000 None Available
Us Bank Na -- None Available
Quintero Abraham S $270,000 1St Service Title
Dominion Llc -- --
Oconnor Michael $112,000 --
Craite Jeanne Reifenrath -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paczwa Kevin $260,000
Previous Owner Overland James D $175,000
Previous Owner Quintero Abraham S $243,000
Previous Owner Dominion Llc $120,000
Previous Owner Oconnor Michael $100,800
Closed Quintero Abraham S $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $325,000 0.0% $95 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $325,000 -- $95 / 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 $7,682 $334,100 $27,000 $307,100
2023 $7,299 $308,900 $27,000 $281,900
2022 $7,282 $308,900 $27,000 $281,900
2021 $7,259 $275,000 $27,000 $248,000
2020 $7,223 $325,200 $27,000 $298,200
2019 $5,451 $205,600 $27,200 $178,400
2018 $5,319 $205,600 $27,200 $178,400
2017 $5,190 $190,400 $27,200 $163,200
2016 $5,315 $185,500 $27,200 $158,300
2015 -- $179,600 $27,200 $152,400
2014 -- $198,700 $27,200 $171,500
2013 -- $198,700 $27,200 $171,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrew Meurer

    Milwaukee Executive Realty, LLC

    (414) 975-1133

    13 in this area

    62 Total Sales

    Andrew Meurer
    Section Image

  • K

    Buyer's Agent in 2021

    Kathleen Klassen

    Riverwest Realty Milwaukee

See All Agents

Map

Source: Metro MLS

MLS Number: 1728874

Metro MLS

APN: 321-1124-000-X

Wisconsin Milwaukee County Milwaukee 53212 Riverwest

2316 N Weil St Unit 2318, Milwaukee, WI

This home is located at 2316 N Weil St Unit 2318, Milwaukee, WI 53212 since 28 February 2021 and is currently estimated at $442,137, approximately $129 per square foot. This property was built in 1924. 2316 N Weil St Unit 2318 is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Milwaukee German Immersion School, and Craig Montessori School.

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