NOT LISTED FOR SALE

2428 S 5th Place Milwaukee, WI 53207

Lincoln Village Neighborhood

Estimated Value: $115,000 - $160,000

4 Beds
2 Baths
1,554 Sq Ft
$91/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $30,000 $19 Per Sq Ft

Est. 373% increase in value since last sale

Current estimated payment $935/month

34 Days on Market

About This Home

As of December 2021

This is a tax foreclosed property.This property is strictly restricted for sale for OWNER/OCCUPANCY only. Sealed Bids due by 11/01/2021 by 10:00AM.

Last Agent to Sell the Property

Deborah McCollum-Gathing

Redevelopment Authority City of MKE License #58498-90 Listed on: 10/01/2021

Last Buyer's Agent

Charese Gardner

Gardner & Associates Real Estate and Investment Firm License #58786-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,139

Year Built

  • Built in 1895

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,554 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,139

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: East on West Lincoln St, South on South 5th Pl to property.
  • New Construction: No
  • Year Built: 1895
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2428 S 5th Pl
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1554.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

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

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 9, 2021
Sold by
City Of Milwaukee
Bought by
Marquez Yakelin
Seller's Agent
Deborah McCollum-Gathing
Redevelopment Authority City of MKE
Buyer's Agent
Charese Gardner
Gardner & Associates Real Estate and Investment Firm
List Price
$30,000
Sold Price
$30,000
Current Estimated Value
$141,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,929
Avg. Annual Appreciation
43.44%

Purchase Details

Closed on
Mar 29, 2001
Sold by
Nylen Sandra M and Crisp Claude C
Bought by
Crisp Claude C and Crisp Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.27%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 15, 1999
Sold by
Rosewicz Robert Valentine and Rosewicz Joan Lee
Bought by
Nylen Sandra M and Crisp Claude C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.54%
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
Marquez Yakelin -- None Available
Crisp Claude C -- --
Nylen Sandra M $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crisp Claude C $10,000
Previous Owner Crisp Claude C $69,655
Previous Owner Crisp Claude C $15,749
Previous Owner Crisp Claude C $34,000
Previous Owner Nylen Sandra M $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $30,000 0.0% $19 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $30,000 -- $19 / 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 $2,139 $97,100 $7,000 $90,100
2023 $1,914 $81,000 $7,000 $74,000
2022 $1,837 $81,000 $7,000 $74,000
2021 $4,808 $56,900 $7,000 $49,900
2020 $6,448 $56,900 $7,000 $49,900
2019 $4,808 $44,900 $4,300 $40,600
2018 $4,128 $44,900 $4,300 $40,600
2017 $5,335 $44,900 $3,400 $41,500
2016 $3,601 $48,400 $3,400 $45,000
2015 $3,373 $48,400 $3,400 $45,000
2014 $3,135 $47,200 $3,400 $43,800
2013 -- $47,200 $3,400 $43,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Deborah McCollum-Gathing

    Redevelopment Authority City of MKE

    (414) 286-5730

    8 in this area

    321 Total Sales

    Deborah McCollum-Gathing
    Section Image
  • Charese Gardner

    Buyer's Agent in 2021

    Charese Gardner

    Gardner & Associates Real Estate and Investment Firm

    (262) 373-9094

    1 in this area

    46 Total Sales

    Charese Gardner
    Section Image
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Map

Source: Metro MLS

MLS Number: 1766002

Metro MLS

APN: 498-0608-000-3

Wisconsin Milwaukee County Milwaukee 53207 Lincoln Village

2428 S 5th Place, Milwaukee, WI

This home is located at 2428 S 5th Place, Milwaukee, WI 53207 since 01 October 2021 and is currently estimated at $141,929, approximately $91 per square foot. This property was built in 1895. 2428 S 5th Place is a home located in Milwaukee County with nearby schools including Milwaukee Spanish Immersion School - Upper Campus, La Escuela Fratney, and Milwaukee German Immersion School.

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