NOT LISTED FOR SALE

2317 E Park Place Unit 2319 Milwaukee, WI 53211

Murray Hill Neighborhood

Estimated Value: $367,461 - $509,000

5 Beds
2 Baths
2,553 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $449,900 $176 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,882/month

58 Days on Market

About This Home

As of April 2024

$2500/mo RENT Unit 2 (2/2024-2/2025), $1500/mo Unit 1. This reliably profitable investment opportunity is within walking distance of UWM, Lake Park, North Ave shops, restaurants, and grocery. Tenants pay flat rate to cover water/sewer bill! Unit 2 includes 2nd and 3rd floors. 3rd floor features kitchenette and dining area, additional large full bath, 4th bedroom, additional living/family room, and 2 large lofts! Hardwood floors, high ceilings, REMODELED (2) kitchens & (3) full baths, PRIME location! Minutes from I-43 and 794. Some photos may have been virtually staged and/or enhanced. Be aware of missing railing at spiral staircase (to be installed prior to closing). See list of UPDATES

Last Agent to Sell the Property

Young Mundy Real Estate Group*

Abundance Real Estate License #57748-94 Listed on: 01/05/2024

Last Buyer's Agent

Brandyn Dietman

Premier Point Realty LLC License #90429-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,624

Year Built

  • Built in 1894

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,553 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants' personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,624

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Refrigerators; 2 Oven/Ranges
  • Directions: I-43, East on Locust Ave, South on Maryland Ave, East on Park Pl
  • New Construction: No
  • Year Built: 1894
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2317 E Park PLACE #2319
  • Lot Acreage: 0.06
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2553.00

Exterior Features

  • Exclusions: Tenants' personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 5623.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Mar 27, 2024
Sold by
Gtasset12 Llc
Bought by
Hufnus Brian
Seller's Agent
Young Mundy Real Estate Group*
Abundance Real Estate
Buyer's Agent
Brandyn Dietman
Premier Point Realty LLC
List Price
$449,900
Sold Price
$449,900
Views
81
Current Estimated Value
$439,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,035
Avg. Annual Appreciation
-1.41%
Original Mortgage
$427,405
Outstanding Balance
$421,043
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$18,822

Purchase Details

Listed on
Nov 13, 2020
Closed on
Sep 23, 2021
Sold by
Lcp Xii Llc
Bought by
Gtasset12 Llc
Seller's Agent
Schnabl Real Estate Group*
Realty Executives Integrity~Brookfield
Buyer's Agent
The Bollmeier-Corr Group*
First Weber Inc- Racine
List Price
$225,001
Sold Price
$225,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.27%
Original Mortgage
$158,220
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 13, 2020
Closed on
Aug 20, 2021
Sold by
Lcp Xii Llc
Bought by
Lcp Xii Llc and Ues Llc
Seller's Agent
Schnabl Real Estate Group*
Realty Executives Integrity~Brookfield
Buyer's Agent
The Bollmeier-Corr Group*
First Weber Inc- Racine
List Price
$225,001
Sold Price
$225,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,220
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2013
Sold by
Waterstone Bank Ssb
Bought by
Lcp Xii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,760
Interest Rate
4.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2013
Sold by
The Estate Of Jonathan M Gallas
Bought by
Waterstone Bank Ssb and Wauwatosa Savings Bank

Purchase Details

Closed on
Aug 14, 2000
Sold by
Rothschild Elie C and Nelson Brian D
Bought by
Gallas Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,400
Interest Rate
8.26%
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
Hufnus Brian $449,900 1St Service Title
Gtasset12 Llc $225,100 None Available
Lcp Xii Llc $107,900 None Available
Lcp Xii Llc $600,000 None Available
Waterstone Bank Ssb $126,042 None Available
Gallas Jonathan $190,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hufnus Brian $427,405
Previous Owner Lcp Xii Llc $158,220
Previous Owner Lcp Xii Llc $497,760
Previous Owner Gallas Jonathan $152,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $449,900 0.0% $176 / Sq Ft
03/26/2024 03/26/24 For Sale $449,900 0.0% $176 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $449,900 0.0% $176 / Sq Ft
01/12/2024 01/12/24 Off Market $449,900 -- --
01/12/2024 01/12/24 For Sale $449,900 +100.0% $176 / Sq Ft
08/20/2021 08/20/21 Sold $225,001 0.0% $87 / Sq Ft View Prior Sale
04/05/2021 04/05/21 Pending -- -- --
11/13/2020 11/13/20 For Sale $225,001 -- $87 / 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 $6,811 $286,300 $77,400 $208,900
2023 $5,695 $241,000 $77,400 $163,600
2022 $5,845 $241,000 $77,400 $163,600
2021 $5,600 $215,800 $64,900 $150,900
2020 $7,247 $215,800 $64,900 $150,900
2019 $8,859 $288,800 $62,500 $226,300
2018 $8,657 $288,800 $62,500 $226,300
2017 $7,096 $262,600 $39,600 $223,000
2016 $8,610 $252,200 $39,600 $212,600
2015 -- $252,200 $39,600 $212,600
2014 -- $252,200 $39,600 $212,600
2013 -- $252,200 $39,600 $212,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1861437

Metro MLS

APN: 319-0032-000-3