NOT LISTED FOR SALE

2319 N 40th St Unit 2321 Milwaukee, WI 53210

Sherman Park Neighborhood

Estimated Value: $104,000 - $121,000

6 Beds
2 Baths
2,466 Sq Ft
$45/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $77,000 $31 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $745/month

6 Days on Market

Highlights

  • Wood Siding
  • Golda Meir School Rated A-
  • 5-minute walk to Butterfly Park

About This Home

As of December 2020

This duplex is a great investment and is fully occupied with tenants who are current on rent! The property has newer cabinets, ceramic tile in the bathrooms, some vinyl windows, hardwood floors and trim, and a large lot with parking off the alley. There are vacant lots on one side and across the street, along with newer townhomes. The front porch, sidewalk, parking slab, and one furnace and water heater were replaced 2 years ago. Tenants pay all utilities, except water and sewer. Measurements are approximate. Schedule your showing today!

Last Agent to Sell the Property

Julie Hilleshiem

Xcel Realty, LLC License #57118-90 Listed on: 10/13/2020

Last Buyer's Agent

Sowande Nadeem

One Day Real Estate Service License #55823-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,333

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,466 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant's belongings

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,333

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: 40th and North
  • New Construction: No
  • Year Built: 1910
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2319 N 40th STREET #2321
  • Lot Acreage: 0.14
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2466.00

Exterior Features

  • Exclusions: Tenant's belongings
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RM3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2019
  • Total Taxes: 1333.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 24, 2020
Sold by
Koech Phillip K and Koech Tecla
Bought by
Deberry Somer D
Seller's Agent
Julie Hilleshiem
Xcel Realty, LLC
Buyer's Agent
Sowande Nadeem
One Day Real Estate Service
List Price
$77,000
Sold Price
$77,000
Total Days on Market
6
Current Estimated Value
$111,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,376
Avg. Annual Appreciation
8.24%
Original Mortgage
$75,605
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2018
Sold by
Lopez Jose Flores and Flores Rosa
Bought by
Koech Philip K and Koech Teela

Purchase Details

Closed on
Jan 26, 2011
Sold by
Federal National Mortgage Association
Bought by
Lopez Jose Flores and Flores Rosa

Purchase Details

Closed on
Sep 29, 2010
Sold by
Mcthadden Derrick W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 24, 2007
Sold by
City Ventures Llc
Bought by
Mcthadden Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,950
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Para Properties
Bought by
City Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
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
Deberry Somer D $77,000 None Available
Koech Philip K $24,900 None Available
Lopez Jose Flores -- None Available
Federal National Mortgage Association $129,126 None Available
Mcthadden Derrick $105,500 National Title & Closing Ser
City Ventures Llc $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deberry Somer D $14,777
Open Foster Emonie Rayvon $157,102
Closed Deberry Somer D $7,280
Closed Deberry Somer D $75,605
Previous Owner Mcthadden Derrick $94,950
Previous Owner City Ventures Llc $200,000
Previous Owner City Ventures Llc $34,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $77,000 0.0% $31 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $77,000 -- $31 / 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
2023 $1,439 $60,900 $3,700 $57,200
2022 $2,105 $60,900 $3,700 $57,200
2021 $1,210 $44,900 $3,400 $41,500
2020 $1,742 $44,900 $3,400 $41,500
2019 $1,333 $41,100 $3,600 $37,500
2018 $1,290 $41,100 $3,600 $37,500
2017 $1,673 $32,900 $3,800 $29,100
2016 $1,717 $36,300 $3,800 $32,500
2015 -- $40,500 $3,800 $36,700
2014 -- $40,500 $3,800 $36,700
2013 -- $47,700 $3,800 $43,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1714754

Metro MLS

APN: 327-0142-100-X