NOT LISTED FOR SALE

Estimated Value: $279,000 - $344,289

4 Beds
2 Baths
2,035 Sq Ft
$151/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $282,347 $139 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,152/month

2 Days on Market

About This Home

As of April 2024

Don't miss this updated duplex in the heart of vibrant Riverwest! This spacious gem boasts new windows, siding, roof, and furnaces, ensuring comfort and efficiency. The updated bathrooms add a modern touch. Move right in and enjoy the charm of the upper unit, or take advantage of the lower unit's potential and lease it under your own terms. This fantastic duplex offers the perfect blend of style, comfort, and opportunity!

Last Agent to Sell the Property

Houseworks Collective Team*

Compass RE WI-Tosa Listed on: 03/21/2024

Last Buyer's Agent

Omar Habib

Shorewest Realtors, Inc. License #95679-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 1912

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,035 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller/tenant's personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,872

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Unit refrigerators (2), oven/ranges (2).
  • New Construction: No
  • Year Built: 1912
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2522 N Fratney STREET
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2035.00

Exterior Features

  • Exclusions: Seller/tenant's personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0

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: 2023
  • Total Taxes: 4872.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 12, 2024
Sold by
Urbrand Llc
Bought by
Thorstenson Jacob D
Seller's Agent
Houseworks Collective Team*
Compass RE WI-Tosa
Buyer's Agent
Omar Habib
Shorewest Realtors, Inc.
List Price
$279,000
Sold Price
$282,347
Premium/Discount to List
$3,347
1.2%
Views
15
Current Estimated Value
$307,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,975
Avg. Annual Appreciation
6.79%
Original Mortgage
$254,100
Outstanding Balance
$250,679
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$56,643

Purchase Details

Closed on
Jul 22, 2021
Sold by
Powell Steven E
Bought by
Urbrand Llc

Purchase Details

Closed on
Jul 5, 2001
Sold by
Galarza Carmen
Bought by
Powell Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
7.15%
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
Thorstenson Jacob D $283,900 Prism Title
Urbrand Llc $165,000 None Available
Powell Steven E $57,000 Priority Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorstenson Jacob D $254,100
Previous Owner Urban Llc $185,250
Previous Owner Powell Steven E $70,000
Previous Owner Powell Steven E $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $282,347 +1.2% $139 / Sq Ft
03/27/2024 03/27/24 For Sale $279,000 -- $137 / 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
2024 $5,628 $249,300 $20,600 $228,700
2023 $4,943 $209,200 $20,600 $188,600
2022 $5,997 $209,200 $20,600 $188,600
2021 $4,292 $166,000 $20,600 $145,400
2020 $4,269 $166,000 $20,600 $145,400
2019 $3,372 $120,500 $21,500 $99,000
2018 $3,051 $120,500 $21,500 $99,000
2017 $2,973 $111,600 $21,500 $90,100
2016 $3,113 $111,100 $21,500 $89,600
2015 $3,078 $107,600 $21,500 $86,100
2014 $3,145 $107,600 $21,500 $86,100
2013 -- $107,600 $21,500 $86,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1868456

Metro MLS

APN: 321-0010-000-1