$405,000
SOLD MAR 7, 2022

2502 N Oakland Ave Unit 2504 Milwaukee, WI 53211

Murray Hill Neighborhood
-- Bed
-- Bath
3,240 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

7 Days on Market

Highlights

  • 3 Car Detached Garage
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

As of March 2022

Cash Flow! Seller is moving out of the area making this investment property available. Rents in the area support $2100 for the upper $1500 for the lower. This Murray Hill Duplex has it all! Location, Old World charm, and plenty of private parking. The lower (2502 side) Features many updates including Kitchen and Bathroom, new windows and furnace. It has 1 garage and 1 driveway spot. The upper(2504 side) w private front and rear entrances boasts a finished third level with front and back stairways, Skylights, finished nooks, a kitchenette of its' own, exposed cream city brick chimney, 4th bedroom with walk in closet! It has 2 garage and 2 driveway spots.

Last Agent to Sell the Property

Lance Grimord

LG Unlimited, LLC License #55240-90 Listed on: 01/14/2022

Last Buyer's Agent

Keyuan Bian

Homestead Realty, Inc License #81850-94

Homestead Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,900

Year Built

  • Built in 1911

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units
  • Murray Hill Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,900

Year Built

Built in 1911

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Appliances #1: Oven; Range; Refrigerator; DishwasherAppliances #2: Oven; Range; Refrigerator; Dishwasher
  • New Construction: No
  • Year Built: 1911
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2502 N Oakland Ave
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 3240.00

Exterior Features

  • Exclusions: Tenants personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum Trim, Partial-Aluminum, Partial-Vinyl, Partial-Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 3 Car
  • Garage Spaces: 3.0

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: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 7900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 27, 2019
Sold by
Cunningham Cheryl
Bought by
Berndsen Corey D
Seller's Agent
John Klose
Klose Realty, LLC
Buyer's Agent
Robert Kaltenbach
Realty Executives Integrity~Brookfield
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$478,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,830
Avg. Annual Appreciation
6.90%
Original Mortgage
$289,656
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2005
Sold by
Vann Michael J
Bought by
Cunningham David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
6.17%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Deed $305,000 None Available
Warranty Deed $334,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,838 FHA
Closed $289,656 FHA
Previous Owner $286,000 New Conventional
Previous Owner $302,400 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $405,000 0.0% $125 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $405,000 +32.8% $125 / Sq Ft
03/27/2019 03/27/19 Sold $305,000 0.0% $94 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $305,000 -- $94 / 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 $6,983 $295,500 $68,900 $226,600
2022 $7,504 $318,200 $68,900 $249,300
2021 $7,939 $304,800 $77,000 $227,800
2020 $7,901 $304,800 $77,000 $227,800
2019 $8,824 $299,200 $77,100 $222,100
2018 $7,795 $299,200 $77,100 $222,100
2017 $7,352 $272,000 $54,200 $217,800
2016 $7,468 $262,800 $54,200 $208,600
2015 -- $262,800 $54,200 $208,600
2014 -- $262,800 $54,200 $208,600
2013 -- $262,800 $54,200 $208,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1776716

Metro MLS

APN: 319-0546-000-8