$315,000
SOLD APR 11, 2025
-- Bed
-- Bath
1,574 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$200 Per Sq Ft

5% Above List Price

11 Days on Market

About This Home

As of April 2025

This charming Lannon stone duplex with two-car attached garage and breezeway storage is a strong investment property. The original 1952 refinished oak floor units are fully furnished, functioning, and have multiple years of successful AirBnb history available. The house is well situated on the newly-restored Howard Avenue Tippecanoe corridor, walking distance to the essentials all renters want and need, including Saveland Park. The property is 10 min. from downtown and 5 min. from the airport - ideal for short-term rental travelers. A complete home weatherization project including; insulation, two 95 efficiency furnaces, and a solar panel array, were installed in the last five years, maximizing energy efficiency. A strong growth market in this 53207 zip code.

Last Agent to Sell the Property

Michael Borowski

Homestead Realty, Inc License #58673-90 Listed on: 03/14/2025

Homestead Realty, Inc

Last Buyer's Agent

Heather Townsend

Rock Solid Realty Group License #88196-94

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,660

Year Built

  • 1952

Parking

  • 2.5 Car Attached Garage

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Additional Features

  • 1,574 Sq Ft Home
  • 5,663 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and Tenants Personal Property
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 5490155000

Property Details

Property Type

Other

Est. Annual Taxes

$6,660

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.13
  • Inclusions: All Furniture and Appliances
  • Directions: I-43 to Howard Avenue exit, east to property. At the corner of S. 3rd Street and Howard Avenue
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Full, 1/2 Bath
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exclusions: Seller and Tenants Personal Property
  • Construction Type: Partial-Stone, Partial-Vinyl

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features: Parking Space, Driveway Entrance, Garage Door Opener
  • Garage Type: Attached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 5490155000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6659.94
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Apr 11, 2025
Sold by
Adisi Thomas H and Adisi Danielle D
Bought by
Layman Tristan
Seller's Agent
Michael Borowski
Homestead Realty, Inc
Buyer's Agent
Heather Townsend
Rock Solid Realty Group
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%
Total Days on Market
11
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$309,294
Outstanding Balance
$309,294
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$8,207

Purchase Details

Closed on
Jul 28, 2017
Sold by
Otto Trenton and Otto Maureen
Bought by
Adisi Thomas H and Dda Danielle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,433,355
Interest Rate
3.9%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $315,000 Superior Title
Warranty Deed $146,000 Members Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $309,294 New Conventional
Previous Owner $40,501 FHA
Previous Owner $1,433,355 FHA
Previous Owner $70,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $315,000 +8.7% $200 / Sq Ft
03/21/2025 03/21/25 Price Changed $289,900 -3.3% $184 / Sq Ft
03/14/2025 03/14/25 For Sale $299,900 -- $191 / 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 $5,251 $222,200 $26,000 $196,200
2022 $8,048 $222,200 $26,000 $196,200
2021 $4,413 $170,600 $26,100 $144,500
2020 $4,389 $170,600 $26,100 $144,500
2019 $3,876 $146,900 $26,700 $120,200
2018 $3,734 $146,900 $26,700 $120,200
2017 $3,358 $123,500 $27,100 $96,400
2016 $3,154 $112,500 $27,100 $85,400
2015 $3,222 $112,500 $27,100 $85,400
2014 $3,112 $106,500 $27,100 $79,400
2013 -- $112,100 $27,100 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1909884

Metro MLS

APN: 549-0155-000-2