NOT LISTED FOR SALE

2491 S 7th St Milwaukee, WI 53215

Lincoln Village Neighborhood

Estimated Value: $194,000 - $223,000

-- Bed
2 Baths
2,975 Sq Ft
$69/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $130,000 $44 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,263/month

9 Days on Market

About This Home

As of November 2020

A Great investment opportunity! Fully rented 3 unit building - 4 bed, 3 bed and 2 bedroom units. Around $2300 in total rents! All units were remodeled in last two years. Newer roof. 4 off street parking spaces and washer/dryer hookups in basement. Being offered on auction.

Last Agent to Sell the Property

Missy Buttrum

HomeWire Realty License #58088-90 Listed on: 09/30/2020

Last Buyer's Agent

Randy Wesley

Coldwell Banker Realty License #87439-94

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2,975 Sq Ft Home
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 4970395000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.08
  • Inclusions: 2 refrigerators, 2 range/oven
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Construction Type: Aluminum Siding, Wood
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Near Public Transit, Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 4970395000

Rental Info

  • Tenant Pays: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2025
Sold by
Mandelstamm Phillip
Bought by
4 Feet Properties Llc
Current Estimated Value
$204,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2025
Sold by
Mahmoud Amir
Bought by
Mandelstamm Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 9, 2020
Sold by
Lz Investment Group Llc
Bought by
Mahmoud Amir M
Seller's Agent
Missy Buttrum
HomeWire Realty
Buyer's Agent
Randy Wesley
Coldwell Banker Realty
List Price
$110,000
Sold Price
$130,000
Premium/Discount to List
$20,000
18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$97,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2016
Sold by
Her Tzer Y
Bought by
Lz Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Her Tzer Y

Purchase Details

Closed on
Dec 18, 2008
Sold by
Bolorin Carmen M
Bought by
Deutsche Bank National Trust Company and Morgan Stanley Msac 2007-He5

Purchase Details

Closed on
May 30, 2002
Sold by
Valdez Jesse and Rivera Julio
Bought by
Bolorin Carmen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,850
Interest Rate
6.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
4 Feet Properties Llc $252,000 None Listed On Document
Mandelstamm Phillip -- None Listed On Document
Mahmoud Amir M $133,800 Merit Title
Lz Investment Group Llc $85,100 Attorney
Her Tzer Y $30,000 None Available
Deutsche Bank National Trust Company -- None Available
Bolorin Carmen M $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4 Feet Properties Llc $189,000
Previous Owner Mahmoud Amir M $97,500
Previous Owner Lz Investment Group Llc $68,000
Previous Owner Bolorin Carmen M $53,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2020 11/18/20 Sold $130,000 +18.2% $44 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $110,000 -- $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
2024 $7,834 $177,700 $7,300 $170,400
2023 $3,743 $158,400 $7,300 $151,100
2022 $3,844 $158,400 $7,300 $151,100
2021 $2,622 $98,500 $7,300 $91,200
2020 $2,295 $75,000 $7,300 $67,700
2019 $1,927 $74,600 $7,300 $67,300
2018 $2,233 $74,600 $7,300 $67,300
2017 $2,029 $74,600 $5,900 $68,700
2016 $2,295 $80,300 $5,900 $74,400
2015 $2,342 $80,300 $5,900 $74,400
2014 $2,335 $78,400 $5,900 $72,500
2013 -- $78,400 $5,900 $72,500
Source: Public Records

Agents Affiliated with this Home

  • Missy Buttrum

    Seller's Agent in 2020

    Missy Buttrum

    HomeWire Realty

    (262) 227-7064

    1 in this area

    261 Total Sales

    Missy Buttrum
    Section Image
  • Randy Wesley

    Buyer's Agent in 2020

    Randy Wesley

    Coldwell Banker Realty

    (414) 899-7623

    24 Total Sales

    Randy Wesley
    Section Image
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Map

Source: Metro MLS

MLS Number: 1712434

Metro MLS

APN: 497-0395-000-X

Wisconsin Milwaukee County Milwaukee 53215 Lincoln Village

2491 S 7th St, Milwaukee, WI

Not Listed for Sale

MultiFamily

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