NOT LISTED FOR SALE

2501 N Bartlett Ave Milwaukee, WI 53211

Riverside Park Neighborhood

Estimated Value: $359,046 - $380,000

3 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $329,900

Est. 17% increase in value since last sale

Current estimated payment $2,583/month

162 Days on Market

About This Home

As of April 2024

Great opportunity to own a desirable three family building on the east side. More than just an investment property, it's an artistic neighborhood icon. Attentive owner for over 20 years is ready to retire. Includes three living units, plus a separately rented garage. Always easy to rent and easy to care for. Features vinyl siding, a newer roof, and solid mechanicals. You'll love adding this to your portfolio!

Last Agent to Sell the Property

Elsafy Team*

Keller Williams Realty-Milwaukee North Shore Brokerage Email: PropertyInfo@shorewest.com License #50874-90 Listed on: 10/19/2023

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Nikolic Group*

Nikolic Group Real Estate Inc. License #55888-90

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,485

Home Design

  • Vinyl Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,485 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Coin operated washer and dryer.
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 3200624000

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: (3) oven/ranges, (3) refrigerators
  • Directions: On the corner of Bartlett and Bradford at 2501 N Bartlett Ave, Milwaukee
  • Attribution Contact: PropertyInfo@shorewest.com
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Exclusions: Coin operated washer and dryer.
  • Construction Type: Vinyl

Garage/Parking

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

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 3200624000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Jun 12, 2024
Sold by
Johnson Chauncey J
Bought by
Johnson Rei Llc
Seller's Agent
Elsafy Team*
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Nikolic Group*
Nikolic Group Real Estate Inc.
List Price
$382,500
Sold Price
$329,900
Premium/Discount to List
-$52,600
-13.75%
Views
124
Current Estimated Value
$385,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,705
Avg. Annual Appreciation
6.90%

Purchase Details

Listed on
Oct 19, 2023
Closed on
Apr 26, 2024
Sold by
Kretchmar Sarah A
Bought by
Johnson Chauncey J
Seller's Agent
Elsafy Team*
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Nikolic Group*
Nikolic Group Real Estate Inc.
List Price
$382,500
Sold Price
$329,900
Premium/Discount to List
-$52,600
-13.75%
Views
124

Purchase Details

Closed on
Nov 23, 2004
Sold by
Rittmeyer Reinhard D and Rittmeyer Betty M
Bought by
Kretchmar Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 1999
Sold by
Glavin Theodore and Glavin Susan S
Bought by
Rittmeyer Reinhard D and Rittmeyer Betty M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
7.17%
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
Johnson Rei Llc -- None Listed On Document
Johnson Chauncey J $329,900 None Listed On Document
Kretchmar Sarah A $220,000 --
Rittmeyer Reinhard D $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kretchmar Sarah A $215,200
Previous Owner Rittmeyer Reinhard D $139,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $329,900 0.0% --
03/31/2024 03/31/24 Off Market $329,900 -- --
03/29/2024 03/29/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $339,900 -2.9% --
01/11/2024 01/11/24 Price Changed $349,900 -2.8% --
12/08/2023 12/08/23 Price Changed $359,900 -3.8% --
11/06/2023 11/06/23 Price Changed $374,000 -2.2% --
10/19/2023 10/19/23 For Sale $382,500 -- --
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 $6,802 $295,700 $72,000 $223,700
2023 $6,229 $263,600 $72,000 $191,600
2022 $6,314 $263,600 $72,000 $191,600
2021 $6,700 $253,700 $71,900 $181,800
2020 $6,666 $253,700 $71,900 $181,800
2019 $6,528 $233,300 $72,100 $161,200
2018 $6,036 $233,300 $72,100 $161,200
2017 $5,783 $212,100 $30,000 $182,100
2016 $5,745 $200,500 $30,000 $170,500
2015 $5,871 $200,500 $30,000 $170,500
2014 $5,911 $196,000 $30,000 $166,000
2013 -- $196,000 $30,000 $166,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Elsafy Team*

    Keller Williams Realty-Milwaukee North Shore

    (414) 350-4611

    1 in this area

    606 Total Sales

    Elsafy Team*
    Section Image

  • N

    Buyer's Agent in 2024

    Nikolic Group*

    Nikolic Group Real Estate Inc.

    (262) 264-8454

    1 in this area

    45 Total Sales

    Nikolic Group*
    Section Image
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Map

Source: Metro MLS

MLS Number: 1854846

Metro MLS

APN: 320-0624-000-2

Wisconsin Milwaukee County Milwaukee 53211 Riverside Park

2501 N Bartlett Ave, Milwaukee, WI

Not Listed for Sale

MultiFamily

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