NOT LISTED FOR SALE

2432 S 18th St Milwaukee, WI 53215

Forest Home Hills Neighborhood

Estimated Value: $156,631 - $203,000

4 Beds
2 Baths
1,841 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $120,000 $65 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,192/month

3 Days on Market

About This Home

As of May 2022

Excellent investment opportunity on the Southside of Milwaukee. A polish flat duplex with hidden amenities to add a dynamic asset to your portfolio. Plenty of natural light in the lower to not make it feel dark and basement like to your tenant. Large living areas with updated plank flooring. Lower is currently rented at $695 to a longer term, on time paying tenant. The upper boasts 2bds with an additional upstairs finished space to add for a 3rd bed/additional living space. Brand new roof in 2020 and a new stack W/D unit in the upper. Additional parking in the back with a 1.5 car garage & slab spot makes for an amenity friendly property for long term tenants. Upper unit is recently vacant presenting an opportunity to collect a higher market rent (previously rented at $745).

Last Agent to Sell the Property

Matthew Meunier

Humbled Hands Real Estate License #87405-94 Listed on: 04/13/2022

Last Buyer's Agent

Lisa-Marie Franco-Garcia

Realty of America LLC License #81562-94

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,825

Lot Details

  • 3,049 Sq Ft Lot
  • Property fronts an alley

Parking

  • 1.5 Car Detached Garage

Interior Spaces

  • 1,841 Sq Ft Home

Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction
  • Finished Basement Bathroom

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant and Seller's personal property.
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 4961252000

Property Details

Property Type

Other

Est. Annual Taxes

$1,825

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.07
  • Inclusions: 2 stoves 2 refrigerators W/D stack in upper
  • Directions: Lincoln Ave. to 18th, South to property
  • Property Information:Est Total Sq Ft: 1841
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Partial, Walk Out/Outer Door, Block, Full Bath

Exterior Features

  • Exclusions: Tenant and Seller's personal property.
  • Construction Type: Wood

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Alley Entrance
  • Garage Type: Detached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 4961252000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1824.66
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 13, 2022
Sold by
Bula Properties Llc
Bought by
Rodriguez Jorge
Seller's Agent
Matthew Meunier
Humbled Hands Real Estate
Buyer's Agent
Lisa-Marie Franco-Garcia
Realty of America LLC
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$182,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,408
Avg. Annual Appreciation
12.91%
Original Mortgage
$90,000
Outstanding Balance
$85,211
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$97,197

Purchase Details

Closed on
Nov 20, 2020
Sold by
Dieter Brandon and Dieter Kory
Bought by
Bula Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2020
Sold by
Hill Christopher M and Hill Kelly M
Bought by
Dieter Brandon and Dieter Kory

Purchase Details

Closed on
Nov 12, 2004
Sold by
Poole Frances M
Bought by
Hill Christopher M and Hill Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rodriguez Jorge $120,000 None Listed On Document
Bula Properties Llc -- None Available
Dieter Brandon $54,500 Prism Title Midwest
Hill Christopher M $76,000 Premier Title & Closing Serv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jorge $90,000
Previous Owner Bula Properties Llc $100,000
Previous Owner Hill Christopher M $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $120,000 0.0% $65 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $120,000 -- $65 / 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 $2,779 $125,000 $7,100 $117,900
2023 $2,434 $103,000 $7,100 $95,900
2022 $2,105 $91,500 $7,100 $84,400
2021 $1,825 $66,000 $7,100 $58,900
2020 $1,652 $66,000 $7,100 $58,900
2019 $1,699 $58,500 $6,900 $51,600
2018 $1,447 $58,500 $6,900 $51,600
2017 $1,523 $58,500 $5,500 $53,000
2016 $1,794 $63,000 $5,500 $57,500
2015 $1,819 $63,000 $5,500 $57,500
2014 $1,763 $61,500 $5,500 $56,000
2013 -- $61,500 $5,500 $56,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matthew Meunier

    Humbled Hands Real Estate

    (920) 286-2018

    1 in this area

    58 Total Sales

    Matthew Meunier
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Map

Source: Metro MLS

MLS Number: 1787260

Metro MLS

APN: 496-1252-000-2

Wisconsin Milwaukee County Milwaukee 53215 Forest Home Hills

2432 S 18th St, Milwaukee, WI

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