NOT LISTED FOR SALE

2549 Vel R Phillips Ave Unit 2551 Milwaukee, WI 53212

Harambee Neighborhood

Estimated Value: $203,000 - $286,000

8 Beds
3 Baths
3,649 Sq Ft
$67/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $215,000 $59 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,768/month

6 Days on Market

Highlights

  • Bathroom on Main Level
  • Golda Meir School Rated A-
  • 2-minute walk to Victory Over Violence Park

About This Home

As of February 2024

A great opportunity for an owner occupant or investment with this unique duplex located 5 minutes away from the fiserv forum this duplex comes with additional small house in just the back yard. This property also comes with a lot that is on side of house. Lower bathroom is unfinished and could use your magic touch and some other cosmetic work. DONT WALK; RUNN

Last Agent to Sell the Property

Jennessa Cruz

Coldwell Banker Realty License #91799-94 Listed on: 12/15/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • 3,649 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller Personal Property

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1905
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2549 N Vel R Phillips AVENUE #2551
  • Lot Acreage: 0.21
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Bathroom Description: Half on Lower
  • Second Floor Total Sq Ft: 3649.00

Exterior Features

  • Exclusions: Seller Personal Property
  • Exterior Building Type: 2 Houses on One Lot, 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • 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
  • Assessor Parcel Number 2: 3221019000
  • Total Taxes: 6407.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Feb 13, 2024
Sold by
King Alanda
Bought by
Leger Brandon J
Seller's Agent
Jennessa Cruz
Coldwell Banker Realty
List Price
$215,900
Sold Price
$215,000
Premium/Discount to List
-$900
-0.42%
Views
41
Current Estimated Value
$245,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,591
Avg. Annual Appreciation
5.34%
Original Mortgage
$161,250
Outstanding Balance
$158,719
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$75,296

Purchase Details

Closed on
Feb 12, 2020
Sold by
Resnick Janet F
Bought by
King Alanda

Purchase Details

Closed on
Jan 31, 2008
Sold by
Jones Rosie L
Bought by
Stokes Kermit E
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
Leger Brandon J $215,000 Knight Barry Title
King Alanda -- None Available
Stokes Kermit E $121,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leger Brandon J $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $215,000 -0.4% $59 / Sq Ft
12/15/2023 12/15/23 For Sale $215,900 -- $59 / 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 $5,593 $260,000 $26,800 $233,200
2023 $5,092 $215,500 $26,800 $188,700
2022 $6,520 $215,500 $26,800 $188,700
2021 $5,156 $119,100 $26,800 $92,300
2020 $2,918 $119,100 $26,800 $92,300
2019 $1,662 $73,800 $7,800 $66,000
2018 $1,680 $73,800 $7,800 $66,000
2017 $1,811 $73,800 $7,800 $66,000
2016 $1,903 $73,900 $7,800 $66,100
2015 -- $73,900 $7,800 $66,100
2014 -- $70,000 $7,800 $62,200
2013 -- $70,000 $7,800 $62,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jennessa Cruz

    Coldwell Banker Realty

See All Agents

Map

Source: Metro MLS

MLS Number: 1860068

Metro MLS

APN: 322-1021-100-3

Wisconsin Milwaukee County Milwaukee 53212 Harambee

2549 Vel R Phillips Ave Unit 2551, Milwaukee, WI

This home is located at 2549 Vel R Phillips Ave Unit 2551, Milwaukee, WI 53212 since 15 December 2023 and is currently estimated at $245,591, approximately $67 per square foot. This property was built in 1905. 2549 Vel R Phillips Ave Unit 2551 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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