NOT LISTED FOR SALE

2474 N Fratney St Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $253,000 - $356,439

5 Beds
2 Baths
1,916 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $195,000 $102 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,049/month

61 Days on Market

Highlights

  • 0.8 Acre Lot
  • 2 Car Detached Garage
  • Wood Siding
  • Golda Meir School Rated A-

About This Home

As of February 2022

Well maintained, 3/3 bedroom Riverwest duplex located one block from Reservoir Park. Each unit features hardwood floors, built in china cabinets, formal dining rooms, kitchen pantries and balconies. The upper kitchen has been recently remodeled with chocolate wood cabinets, quartz counters, gas stove and dishwasher. Separate mechanicals and washer /dryer included. Newer roof and vinyl siding. Two car garage with alley entrance. Near shopping, restaurants, bars and public transportation. Strong rental history with tenants paying all utilities. This is appealing to first time and seasoned investors looking to add to their portfolio. Would also make a nice owner occupied option.

Last Agent to Sell the Property

Andrew Meurer

Milwaukee Executive Realty, LLC License #56982-90 Listed on: 10/27/2021

Last Buyer's Agent

Michael Sopko

Contero Real Estate LLC License #57243-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,335

Year Built

  • Built in 1900

Lot Details

  • 0.8 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,916 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller's/Tenant's Personal Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,335

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Oven/Range(2), Refrigerator(2), Dishwasher, Washer/Dryer
  • Directions: Humboldt Ave to Wright St, West to Fratney, South to Address.
  • New Construction: No
  • Year Built: 1900
  • Cleared Acreage: 1/2 to 1
  • Full Street Address: 2474 N Fratney St
  • Lot Acreage: 0.8
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 1916.00

Exterior Features

  • Exclusions: Seller's/Tenant's Personal Property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Wood, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0

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: RT4
  • Acreage Range: 0.5 to .99

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3335.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2014
Sold by
Zolper Shane and Zolper Shane H
Bought by
Von Zolper Properties Llc
Current Estimated Value
$298,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,780,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2001
Sold by
Campbell Paul T and Hoffmann Kurt T
Bought by
Zolper Shane

Purchase Details

Closed on
May 2, 1997
Sold by
Johnson Samuel J
Bought by
Messerlie Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
8.3%
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
Von Zolper Properties Llc -- None Available
Zolper Shane $82,700 --
Messerlie Mary L $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balsiger Tad $224,000
Open Von Zolper Properties Llc $2,189,000
Closed Von Zolper Properties Llc $2,780,000
Closed Von Zolper Properties Llc $2,780,000
Previous Owner Messerlie Mary L $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $195,000 0.0% $102 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $195,000 -- $102 / 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 $5,103 $226,400 $24,700 $201,700
2023 $4,494 $190,200 $24,700 $165,500
2022 $4,456 $190,200 $24,700 $165,500
2021 $3,354 $130,300 $24,700 $105,600
2020 $3,335 $130,300 $24,700 $105,600
2019 $3,078 $132,900 $25,200 $107,700
2018 $3,372 $132,900 $25,200 $107,700
2017 $3,284 $123,000 $25,200 $97,800
2016 $3,357 $119,600 $25,200 $94,400
2015 $3,321 $115,900 $25,200 $90,700
2014 $3,393 $115,900 $25,200 $90,700
2013 -- $115,900 $25,200 $90,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Andrew Meurer

    Milwaukee Executive Realty, LLC

    (414) 975-1133

    13 in this area

    60 Total Sales

    Andrew Meurer
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Sopko

    Contero Real Estate LLC

See All Agents

Map

Source: Metro MLS

MLS Number: 1770114

Metro MLS

APN: 321-2221-000-5

Wisconsin Milwaukee County Milwaukee 53212 Riverwest

2474 N Fratney St, Milwaukee, WI

This home is located at 2474 N Fratney St, Milwaukee, WI 53212 since 27 October 2021 and is currently estimated at $298,610, approximately $155 per square foot. This property was built in 1900. 2474 N Fratney St is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

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