NOT LISTED FOR SALE

2514 N Oakland Ave Unit 2516 Milwaukee, WI 53211

Murray Hill Neighborhood

Estimated Value: $388,890 - $464,000

6 Beds
2 Baths
2,480 Sq Ft
$175/Sq Ft Est. Value

About This Home

Solid Upper Eastside/UWM location, jumbo units and strong cash-flow make this 3/3 duplex a smart addition to your new or growing rental portfolio. Total monthly income $3185 on 1 year leases. New roof, decking, gutters, concrete walks, masonry restoration, glass block, unit and common area paint. All the big items are completed and turnkey for new ownership. New kitchen ranges along with Coin laundry included for convenience and extra income. This property is configured specifically to be a no-nonsense, reduced maintenance, outperforming rental property for many years to come! Do your homework and then invest here with confidence. Savvy new owner will hedge against inflation with neighborhood leading rents and continue to capture upside in the years ahead.

Last Agent to Sell the Property

Ben Halverson

Livewell REM, LLC License #56031-90 Listed on: 07/05/2022

Last Buyer's Agent

Antonio Tarantino

RE/MAX Realty Pros~Milwaukee License #82902-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,867

Year Built

  • Built in 1909

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,867

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: (2) Fridges, (2) Ranges, (2) Coin Laundry
  • Directions: North Ave to Oakland, North 3 blocks to property
  • New Construction: No
  • Year Built: 1909
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2514 N Oakland AVENUE #2516
  • Lot Acreage: 0.09
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 2480.00

Exterior Features

  • Exclusions: Tenant personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum Trim, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None

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: 2021
  • Total Taxes: 6866.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 10, 2022
Sold by
Ues Llc
Bought by
Mort Ted and Mort Ann
Seller's Agent
Ben Halverson
Livewell REM, LLC
Buyer's Agent
Antonio Tarantino
RE/MAX Realty Pros~Milwaukee
List Price
$379,900
Sold Price
$388,100
Premium/Discount to List
$8,200
2.16%
Views
3
Current Estimated Value
$433,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,623
Avg. Annual Appreciation
2.89%
Original Mortgage
$254,050
Outstanding Balance
$244,819
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$176,841

Purchase Details

Closed on
Aug 2, 2021
Sold by
Mke Estates Llc
Bought by
Ues Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,600
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 21, 2016
Sold by
Riemer Richard L and Riemer Wendy G
Bought by
Mke Estates Llc

Purchase Details

Closed on
Apr 19, 2005
Sold by
Riemer Richard L and Riemer Wendy G
Bought by
Riemer Richard L and Riemer Wendy G

Purchase Details

Closed on
May 1, 2001
Sold by
Salas Joanne E and Sprosty Joanne E
Bought by
Riemer Richard L and Riemer Wendy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
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
Mort Ted $388,100 None Listed On Document
Ues Llc $545,000 None Available
Mke Estates Llc $235,000 Attorney
Riemer Richard L -- --
Riemer Richard L $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mort Ted $254,050
Previous Owner Ues Llc $521,600
Previous Owner Riemer Richard L $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Off Market $379,900 -- --
08/08/2022 08/08/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $379,900 -- $153 / 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 $6,522 $276,000 $55,000 $221,000
2022 $6,651 $276,000 $55,000 $221,000
2021 $6,867 $264,000 $63,900 $200,100
2020 $6,833 $264,000 $63,900 $200,100
2019 $7,033 $248,100 $63,400 $184,700
2018 $6,352 $248,100 $63,400 $184,700
2017 $6,129 $227,200 $42,800 $184,400
2016 $6,125 $216,000 $42,800 $173,200
2015 -- $216,000 $42,800 $173,200
2014 -- $216,000 $42,800 $173,200
2013 -- $216,000 $42,800 $173,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Ben Halverson

    Livewell REM, LLC

    (262) 716-8973

    4 in this area

    21 Total Sales

    Ben Halverson
    Section Image

  • A

    Buyer's Agent in 2022

    Antonio Tarantino

    RE/MAX

See All Agents

Map

Source: Metro MLS

MLS Number: 1800988

Metro MLS

APN: 319-0549-000-4

Wisconsin Milwaukee County Milwaukee 53211 Murray Hill

2514 N Oakland Ave Unit 2516, Milwaukee, WI

This home is located at 2514 N Oakland Ave Unit 2516, Milwaukee, WI 53211 since 05 July 2022 and is currently estimated at $433,723, approximately $174 per square foot. This property was built in 1909. 2514 N Oakland Ave Unit 2516 is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

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