$760,000
SOLD MAY 2, 2025
-- Bed
-- Bath
-- Sq Ft
9,148 Sq Ft Lot

Recently Sold

1% Above List Price

3 Days on Market

About This Home

As of May 2025

Want an easy property to add to your portfolio? Updated Clean Brick 8 Unit Multi Family money maker! Rents are $6,400 with potential of $7,500+. Tenants will be very attracted to this ideal location on cul de sac with great curb appeal. One bedroom one bathroom units with own parking spot, balconies, East facing windows, and own locked storage areas. Additional income from 4 coin operated washer/dryers. Close to parks, restaurants, shopping, bus line, community resources! Set up your Appointment today!

Last Agent to Sell the Property

Michael Klug

RE/MAX Newport Brokerage Email: office@newportelite.com License #85126-94 Listed on: 02/28/2025

Last Buyer's Agent

Brittany Kroupa

Welcome Home Real Estate Group, LLC License #92760-94

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Listing and Financial Details

  • Exclusions: Seller and tenant's personal property.
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 4920907000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.21
  • Inclusions: 4 washers, 4 dryers, 8 refrigerators, 8 stoves/ ranges
  • Directions: South on 43rd St to Kinnickinnic, west to 44th St, north on 44th to property
  • Attribution Contact: office@newportelite.com
  • Special Features: None

Interior Features

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

Exterior Features

  • Exclusions: Seller and tenant's personal property.
  • Construction Type: Brick

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: 9147.6
  • Parcel #: 4920907000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Apr 29, 2025
Sold by
Gordian Rental Pool Llc and Gordian Rental Pool
Bought by
2501 S 44Th St Llc
Seller's Agent
Michael Klug
RE/MAX Newport
Buyer's Agent
Brittany Kroupa
Welcome Home Real Estate Group, LLC
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%
Views
126
Current Estimated Value
$722,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,769
Avg. Annual Appreciation
-7.54%
Original Mortgage
$355,806
Outstanding Balance
$354,546
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$367,685

Purchase Details

Closed on
Nov 15, 2019
Sold by
Good Apt Llc
Bought by
The Gordian Rental Pool

Purchase Details

Closed on
Apr 29, 2015
Sold by
Cortes Carmelo
Bought by
Good Apt Llc

Purchase Details

Closed on
Dec 17, 2002
Sold by
Advance Investments Llc
Bought by
Cortes Carmelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2000
Sold by
Lotz John J and Lotz Sharon J
Bought by
Advance Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 Type Sale Price Title Company
Warranty Deed $760,000 Superior Title
Warranty Deed $395,000 None Available
Warranty Deed $320,000 1St Svc Title & Closing Inc
Warranty Deed $310,000 Metropolitan Title Company
Warranty Deed -- Metropolitan Title Company
Land Contract $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $355,806 New Conventional
Previous Owner $248,000 Commercial
Previous Owner $265,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $760,000 +1.3% --
02/28/2025 02/28/25 For Sale $750,000 -- --
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 $12,348 $537,600 $47,600 $490,000
2023 $10,634 $450,000 $47,600 $402,400
2022 $10,753 $450,000 $47,600 $402,400
2021 $10,596 $402,000 $43,800 $358,200
2020 $10,547 $402,000 $43,800 $358,200
2019 $10,144 $383,000 $44,000 $339,000
2018 $9,909 $383,000 $44,000 $339,000
2017 $8,947 $328,000 $44,000 $284,000
2016 $9,787 $341,300 $44,000 $297,300
2015 -- $289,500 $44,000 $245,500
2014 -- $301,900 $44,000 $257,900
2013 -- $295,900 $44,000 $251,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1908214

Metro MLS

APN: 492-0907-000-5