NOT LISTED FOR SALE

2500 S 8th St Unit 2502 Milwaukee, WI 53215

Lincoln Village Neighborhood

Estimated Value: $158,179 - $275,000

3 Beds
1 Bath
3,260 Sq Ft
$62/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $130,000 $40 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,371/month

3 Days on Market

Highlights

  • Enclosed Parking
  • Golda Meir School Rated A-
  • Forced Air Heating System

About This Home

As of February 2022

Seller will begin to review all offers on Thursday February 10th. Looking to grow your rental portfolio, check out this 4 family, fully occupied property. All long term tenants (would like to stay). Units are in good condition with newer windows, spacious rooms, newer furnaces, water heaters and updated service panels. Common area does need TLC. Seller will not consider FHA or VA loans due common area condition. Property is sold in as is condition and seller will not make any repairs. All room sizes are estimated.

Last Agent to Sell the Property

eugene nayzberg

Rubins Realty, LLC License #64019-94 Listed on: 02/07/2022

Last Buyer's Agent

Stephanie Castaneda

Coldwell Banker HomeSale Realty - Greenfield License #59587-90

Coldwell Banker HomeSale Realty - Greenfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,095

Year Built

  • Built in 1903

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,260 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Sellers and Tenants Personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,095

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Corner of 8th St. & Arthur Ave.
  • New Construction: No
  • Year Built: 1903
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 2500 S 8th St #2502
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.09
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 3260.00

Exterior Features

  • Exclusions: Sellers and Tenants Personal property
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: LB2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 3095.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Feb 28, 2022
Sold by
Mark Nayzberg
Bought by
S & D Housing Rental Llc
Seller's Agent
eugene nayzberg
Rubins Realty, LLC
Buyer's Agent
Stephanie Castaneda
Coldwell Banker HomeSale Realty - Greenfield
List Price
$130,000
Sold Price
$130,000
Total Days on Market
3
Current Estimated Value
$201,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,045
Avg. Annual Appreciation
14.26%

Purchase Details

Closed on
Dec 16, 2004
Sold by
Kaeufl Chris
Bought by
Nayzberg Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,600
Interest Rate
5.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2004
Sold by
The Bank Of New York
Bought by
Kaeufl Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2004
Sold by
Gutierrez Michael
Bought by
The Bank Of New York

Purchase Details

Closed on
Dec 27, 1999
Sold by
U S Bank National Assn
Bought by
Balderas Marcos
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
S & D Housing Rental Llc $10,000 Knight Barry Title
Nayzberg Mark $114,500 Metropolitan Title Company
Kaeufl Chris $74,000 --
The Bank Of New York -- --
Balderas Marcos $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nayzberg Mark $110,000
Previous Owner Nayzberg Mark $91,600
Previous Owner Kaeufl Chris $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $130,000 0.0% $40 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $130,000 -- $40 / 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
2023 $2,914 $123,300 $6,300 $117,000
2022 $2,973 $123,300 $6,300 $117,000
2021 $3,195 $120,300 $6,300 $114,000
2020 $3,175 $120,300 $6,300 $114,000
2019 $2,850 $90,800 $6,300 $84,500
2018 $2,348 $90,800 $6,300 $84,500
2017 $2,471 $90,800 $6,300 $84,500
2016 $2,531 $88,500 $6,300 $82,200
2015 -- $88,500 $6,300 $82,200
2014 -- $88,500 $6,300 $82,200
2013 -- $88,500 $6,300 $82,200
Source: Public Records

Agents Affiliated with this Home

  • e

    Seller's Agent in 2022

    eugene nayzberg

    Rubins Realty, LLC

    (262) 240-2200

    1 in this area

    37 Total Sales

    eugene nayzberg
    Section Image

  • S

    Buyer's Agent in 2022

    Stephanie Castaneda

    Coldwell Banker HomeSale Realty - Greenfield

    (414) 526-1539

    11 in this area

    137 Total Sales

    Stephanie Castaneda
    Section Image
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Map

Source: Metro MLS

MLS Number: 1779211

Metro MLS

APN: 497-0567-000-4

Wisconsin Milwaukee County Milwaukee 53215 Lincoln Village

2500 S 8th St Unit 2502, Milwaukee, WI

This home is located at 2500 S 8th St Unit 2502, Milwaukee, WI 53215 since 07 February 2022 and is currently estimated at $201,045, approximately $61 per square foot. This property was built in 1903. 2500 S 8th St Unit 2502 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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