NOT LISTED FOR SALE

2459 S 15th Place Milwaukee, WI 53215

Lincoln Village Neighborhood

Estimated Value: $120,000 - $214,000

4 Beds
1 Bath
1,198 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $90,000 $75 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,140/month

64 Days on Market

About This Home

As of January 2024

MOTIVATED SELLER!!! Priced BELOW assessed value. Long terms tenants currently occupy this cash flowing single family property on Milwaukee's south side. 3 bedrooms and 1 bathroom on the first floor. Plus a 4th bedroom and bonus room in the upper. Currently professionally managed. Rent is $910/month. Tenants will likely be home for showings and proper notice is needed prior to viewing the home. Tenants pay utilities and yard work.

Last Agent to Sell the Property

Johnny Lanser

Brew City Realtors License #89217-94 Listed on: 10/25/2023

Last Buyer's Agent

Stephanie Castaneda

Coldwell Banker HomeSale Realty - Greenfield License #59587-90

Coldwell Banker HomeSale Realty - Greenfield

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 3,049 Sq Ft Lot
  • Property is zoned RT4

Interior Spaces

  • 1,198 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Exclusions: seller and tenants personal property

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Single-Family
  • Directions: From I43- W Becher St west to W Windlake Ave. South to S 15th Pl. to property
  • New Construction: No
  • Year Built: 1924
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 2459 S 15th PLACE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Upper
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 1198.00

Exterior Features

  • Exclusions: seller and tenants personal property
  • Exterior Building Type: 2 Story
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3022.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jan 19, 2024
Sold by
Ghara Llc
Bought by
Psra Real Estate Llc
Seller's Agent
Johnny Lanser
Brew City Realtors
Buyer's Agent
Stephanie Castaneda
Coldwell Banker HomeSale Realty - Greenfield
List Price
$109,900
Sold Price
$90,000
Premium/Discount to List
-$19,900
-18.11%
Views
134
Current Estimated Value
$163,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,864
Avg. Annual Appreciation
39.50%

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jan 8, 2024
Sold by
Lan Investments Llc
Bought by
Ghara Llc
Seller's Agent
Johnny Lanser
Brew City Realtors
Buyer's Agent
Stephanie Castaneda
Coldwell Banker HomeSale Realty - Greenfield
List Price
$109,900
Sold Price
$90,000
Premium/Discount to List
-$19,900
-18.11%
Views
134

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 10, 2021
Sold by
Grasso Frank
Bought by
Lan Investments Llc
Seller's Agent
Brost Group
Keller Williams Empower
Buyer's Agent
Johnny Lanser
Brew City Realtors
List Price
$72,000
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$57,600
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2015
Sold by
Kanter Michelle and Grasso Michelle
Bought by
Grasso Frank

Purchase Details

Closed on
Nov 7, 2008
Sold by
J O Properties 450 Llc
Bought by
Grasso Frank and Grasso Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2008
Sold by
Fannie Mae
Bought by
J O Properties 450 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 6, 2007
Sold by
Pickens Tony
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 29, 2005
Sold by
Valle Ramon and Valle Martha
Bought by
Pickens Tony E and Pickens Sorexy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2000
Sold by
Beaudry Nancy E
Bought by
Valle Ramon and Valle Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2000
Sold by
Schulz Christine M
Bought by
Beaudry Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
10.5%
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
Psra Real Estate Llc $90,000 None Listed On Document
Ghara Llc $90,000 Knight Barry Title
Lan Investments Llc $72,000 Champion Title & Closing
Grasso Frank -- None Available
Grasso Frank $110,000 National Title & Closing Ser
J O Properties 450 Llc -- None Available
Federal National Mortgage Association -- None Available
Pickens Tony E $117,500 United Title Services
Valle Ramon $56,500 --
Beaudry Nancy E $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lan Investments Llc $57,600
Previous Owner Grasso Frank $88,000
Previous Owner J O Properties 450 Llc $64,000
Previous Owner Pickens Tony E $117,000
Previous Owner Valle Ramon $54,800
Previous Owner Beaudry Nancy E $32,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2024 01/08/24 Sold $90,000 -18.1% $75 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/11/2023 12/11/23 For Sale $109,900 0.0% $92 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $109,900 -8.3% $92 / Sq Ft
10/25/2023 10/25/23 For Sale $119,900 +66.5% $100 / Sq Ft
10/22/2021 10/22/21 Sold $72,000 0.0% $60 / Sq Ft View Prior Sale
09/09/2021 09/09/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $72,000 -- $60 / 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 $3,336 $149,300 $7,100 $142,200
2023 $3,072 $130,000 $7,100 $122,900
2022 $3,022 $130,000 $7,100 $122,900
2021 $2,437 $95,400 $7,100 $88,300
2020 $2,706 $95,400 $7,100 $88,300
2019 $2,176 $76,800 $6,900 $69,900
2018 $1,920 $76,800 $6,900 $69,900
2017 $1,889 $71,900 $5,500 $66,400
2016 $2,328 $71,200 $5,500 $65,700
2015 $2,009 $71,200 $5,500 $65,700
2014 $1,958 $68,000 $5,500 $62,500
2013 -- $68,000 $5,500 $62,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Johnny Lanser

    Brew City Realtors

    (262) 339-0734

    2 in this area

    30 Total Sales

    Johnny Lanser
    Section Image

  • S

    Buyer's Agent in 2024

    Stephanie Castaneda

    Coldwell Banker HomeSale Realty - Greenfield

    (414) 526-1539

    11 in this area

    145 Total Sales

    Stephanie Castaneda
    Section Image

  • B

    Seller's Agent in 2021

    Brost Group

    Keller Williams Empower

    (920) 254-6445

    1 in this area

    798 Total Sales

    Brost Group
    Section Image
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Map

Source: Metro MLS

MLS Number: 1855463

Metro MLS

APN: 496-0868-000-3

Wisconsin Milwaukee County Milwaukee 53215 Lincoln Village

2459 S 15th Place, Milwaukee, WI

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