NOT LISTED FOR SALE

2418 N 40th St Unit 2420 Milwaukee, WI 53210

Sherman Park Neighborhood

Estimated Value: $106,399 - $124,000

6 Beds
2 Baths
2,442 Sq Ft
$47/Sq Ft Est. Value

Highlights

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

About This Home

Great investment opportunity. Large units, both with 3 bedrooms. The lower unit has new windows, new vinyl plank floors and cabinets in kitchen, and it's been freshly painted. Don't miss out!

Last Agent to Sell the Property

Don Cornelius

Coldwell Banker Realty License #73551-94 Listed on: 09/20/2022

Last Buyer's Agent

Tamairo Moutry

Milwaukee's Best Real Estate Services LLC License #56720-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 1912

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2,442 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant's personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,229

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Sherman Blvd to Wright St. Left to 40th St. South to property.
  • New Construction: No
  • Year Built: 1912
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2418 N 40th St #2420
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2442.00

Exterior Features

  • Exclusions: Tenant's personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None

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: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 1228.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Nov 4, 2022
Sold by
Rubovits Robert
Bought by
Wilson Troy A and Wilson Aronda S
Seller's Agent
Don Cornelius
Coldwell Banker Realty
Buyer's Agent
Tamairo Moutry
Milwaukee's Best Real Estate Services LLC
List Price
$89,900
Sold Price
$92,000
Premium/Discount to List
$2,100
2.34%
Total Days on Market
8
Views
19
Current Estimated Value
$114,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,350
Avg. Annual Appreciation
8.94%
Original Mortgage
$69,000
Outstanding Balance
$67,245
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$47,105

Purchase Details

Closed on
May 3, 2019
Sold by
Metro Renovations Llc
Bought by
Rubovits Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2006
Sold by
Gonsalves John Y
Bought by
Metro Renovations Llc

Purchase Details

Closed on
Aug 2, 2005
Sold by
Archer Wgi Llc
Bought by
Gonsalves John Y

Purchase Details

Closed on
Mar 24, 2005
Sold by
Bishop Jerome
Bought by
Archer Wgi Llc

Purchase Details

Closed on
Dec 31, 1997
Sold by
Corrected Credit Corp
Bought by
Bishop Jerome and Bishop Linda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
10.79%
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
Wilson Troy A $92,000 --
Rubovits Robert $47,000 None Available
Metro Renovations Llc -- None Available
Gonsalves John Y $69,900 --
Archer Wgi Llc $56,000 --
Bishop Jerome $80,000 Royalty Title Corp
Corrected Credit Corp $35,900 Royalty Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Troy A $69,000
Previous Owner Rubovits Robert $35,000
Previous Owner Rubovits Robert $35,250
Previous Owner Gonsalves John Y $98,000
Previous Owner Bishop Jerome $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Off Market $89,900 -- --
09/20/2022 09/20/22 For Sale $89,900 -- $37 / 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 $2,044 $86,500 $3,400 $83,100
2022 $2,434 $74,300 $3,400 $70,900
2021 $1,788 $49,400 $3,100 $46,300
2020 $1,871 $49,400 $3,100 $46,300
2019 $1,701 $48,700 $3,200 $45,500
2018 $3,547 $48,700 $3,200 $45,500
2017 $3,323 $39,000 $3,400 $35,600
2016 $3,183 $42,200 $3,400 $38,800
2015 -- $47,000 $3,400 $43,600
2014 -- $47,000 $3,400 $43,600
2013 -- $55,400 $3,400 $52,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Don Cornelius

    Coldwell Banker Realty

  • T

    Buyer's Agent in 2022

    Tamairo Moutry

    Milwaukee's Best Real Estate Services LLC

    (414) 949-5566

    7 in this area

    107 Total Sales

    Tamairo Moutry
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Map

Source: Metro MLS

MLS Number: 1811648

Metro MLS

APN: 327-0601-000-8

Wisconsin Milwaukee County Milwaukee 53210 Sherman Park

2418 N 40th St Unit 2420, Milwaukee, WI

This home is located at 2418 N 40th St Unit 2420, Milwaukee, WI 53210 since 20 September 2022 and is currently estimated at $114,350, approximately $46 per square foot. This property was built in 1912. 2418 N 40th St Unit 2420 is a home located in Milwaukee County with nearby schools including Milwaukee German Immersion School, Craig Montessori School, and La Escuela Fratney.

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