NOT LISTED FOR SALE

2418 5th Ave South Milwaukee, WI 53172

Historic Lakeview Neighborhood

Estimated Value: $281,000 - $328,000

-- Bed
-- Bath
2,379 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $205,000 $86 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,910/month

4 Days on Market

About This Home

As of March 2021

This must see corner lot duplex is only three blocks from Lake Michigan and within walking distance to Grant Park-and it will not last long! Property is on two city lots and has SIX parking spaces (5 in garage, one next to garage). The upper unit is 3BDRM/1BA and lower unit is 2BDRM/1BA. Each unit has it's own enclosed front porch for privacy. Upper unit has balcony in the back of the building. Laundry in huge basement. Large attic is open and could be utilized as a bonus room. Both tenants are MTM. Both units have wood floors, beautiful built in cabinets that adds so much character! Schedule your private showing TODAY!

Last Agent to Sell the Property

Janie Rivera-Conley

RE/MAX Market Place Brokerage Phone: 414-303-6761 License #75782-94 Listed on: 01/22/2021

Last Buyer's Agent

Justin Bohler

North Shore Homes, Inc. License #81661-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,195

Year Built

  • Built in 1923

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 5 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

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

Interior Spaces

  • 2,379 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Lakeview Elementary School
  • South Milwaukee Middle School
  • South Milwaukee High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: SELLERS/TENANTS PERSONAL PROPERTY

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,195

Year Built

Built in 1923

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: REFRIGERATOR, STOVE, MICROWAVE, WASHER, DRYER
  • New Construction: No
  • Year Built: 1923
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2418 5th AVENUE
  • Lot Acreage: 0.18
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2379.00

Exterior Features

  • Exclusions: SELLERS/TENANTS PERSONAL PROPERTY
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Aluminum, Partial-Brick, Partial-Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 4 Car, Opener Included
  • Garage Spaces: 5.0
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • Elementary School: Lakeview
  • High School: South Milwaukee
  • Junior High Dist: South Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2019
  • Total Taxes: 4195.3

MLS Schools

  • Middle School: South Milwaukee

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 5, 2021
Sold by
Orsini Michael Salinas
Bought by
Mccullough Colby and Mccullough Deborah
Seller's Agent
Janie Rivera-Conley
RE/MAX Market Place
Buyer's Agent
Justin Bohler
North Shore Homes, Inc.
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$310,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,651
Avg. Annual Appreciation
9.35%
Original Mortgage
$153,750
Outstanding Balance
$137,826
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$172,825

Purchase Details

Closed on
Oct 26, 2018
Sold by
Franecki James A and Franecki Kathryn
Bought by
Orsini Michael Salinas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,125
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2006
Sold by
Jones Joann C
Bought by
Franecki James A and Jones Kathryn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,800
Interest Rate
6.27%
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
Mccullough Colby $205,000 None Available
Orsini Michael Salinas $147,500 None Available
Franecki James A $84,300 None Available
Franecki James A $84,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccullough Colby $153,750
Previous Owner Orsini Michael Salinas $140,125
Previous Owner Franecki James A $134,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $205,000 0.0% $86 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $205,000 -- $86 / 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 $3,315 $234,800 $68,200 $166,600
2023 $4,812 $234,800 $68,200 $166,600
2022 $6,144 $234,800 $68,200 $166,600
2021 $5,192 $157,000 $49,000 $108,000
2020 $5,496 $157,000 $49,000 $108,000
2019 $4,409 $157,000 $49,000 $108,000
2018 $4,259 $157,000 $49,000 $108,000
2017 $4,192 $157,000 $49,000 $108,000
2016 $3,906 $157,000 $49,000 $108,000
2015 $3,928 $157,000 $49,000 $108,000
2014 $3,834 $157,000 $49,000 $108,000
2013 $4,327 $157,000 $49,000 $108,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Janie Rivera-Conley

    RE/MAX

  • J

    Buyer's Agent in 2021

    Justin Bohler

    North Shore Homes, Inc.

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Map

Source: Metro MLS

MLS Number: 1724943

Metro MLS

APN: 776-0247-000

Wisconsin Milwaukee County South Milwaukee 53172 Historic Lakeview

2418 5th Ave, South Milwaukee, WI

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