NOT LISTED FOR SALE

2555 N 16th St Unit 2555A Milwaukee, WI 53206

North Division Neighborhood

Estimated Value: $106,000 - $114,000

5 Beds
1 Bath
1,898 Sq Ft
$58/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $78,000 $41 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $716/month

7 Days on Market

About This Home

As of February 2024

Turn-key duplex, a prime investment opportunity, fully rented and generating $1,455 monthly, with potential to increase to $1,600. Each unit features 2 bedrooms and 1 bathroom. With 100% occupancy, new owners can enjoy immediate cash flow.

Last Agent to Sell the Property

D'Antae Powers

EXP Realty LLC-West Allis License #86847-94 Listed on: 01/29/2024

Last Buyer's Agent

Kelsey Eckert

Shorewest Realtors, Inc. License #81997-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1892

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,898 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller's and Tenants personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,184

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1892
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2555 N 16th STREET #2555A
  • Lot Acreage: 0.17
  • 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: 1898.00

Exterior Features

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

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

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: 2022
  • Total Taxes: 1183.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Feb 21, 2024
Sold by
Trm Management Llc
Bought by
Trucktown Usa Llc
Seller's Agent
D'Antae Powers
EXP Realty LLC-West Allis
Buyer's Agent
Kelsey Eckert
Shorewest Realtors, Inc.
List Price
$84,900
Sold Price
$78,000
Premium/Discount to List
-$6,900
-8.13%
Views
32
Current Estimated Value
$109,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,173
Avg. Annual Appreciation
23.22%

Purchase Details

Closed on
Aug 21, 2023
Sold by
J & M Holding Company
Bought by
Trm Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2020
Sold by
Ikeptit Real Estate Llc
Bought by
J & M Holding Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2020
Sold by
Nguyen Tuan A
Bought by
Ikeptit Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2019
Sold by
Central Realty Group Llc
Bought by
Nguyen Tuan A

Purchase Details

Closed on
Oct 10, 2018
Sold by
Arlo Properties Llc
Bought by
Imkeptit Real Estate Llc

Purchase Details

Closed on
Oct 9, 2018
Sold by
Ikeptit Real Estate Llc
Bought by
Centralrealty Group Llc

Purchase Details

Closed on
May 19, 2006
Sold by
Riverhouse Investments Llc
Bought by
Arlo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2006
Sold by
Thompson Cleo and Thompson Mary
Bought by
Riverhouse 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
$251,200
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
City Of Milwaukee
Bought by
Thompson Cleo and Thompson Mary

Purchase Details

Closed on
Jul 8, 2003
Sold by
City Of Milwaukee
Bought by
Thompson Cleo R and Thompson Mary R
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
Trucktown Usa Llc $78,000 None Listed On Document
Trm Management Llc $70,000 Merit Title
J & M Holding Company $96,000 Merit Title
Ikeptit Real Estate Llc $22,000 Merit Title
Nguyen Tuan A $23,000 Merit Title
Imkeptit Real Estate Llc $60,000 Merit Title
Centralrealty Group Llc -- Merit Title
Arlo Properties Llc -- None Available
Riverhouse Investments Llc $37,000 None Available
Thompson Cleo $13,000 --
Thompson Cleo R $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trm Management Llc $56,000
Previous Owner Ikeptit Real Estate Llc $251,000
Previous Owner Arlo Properties Llc $251,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $78,000 -8.1% $41 / Sq Ft
01/29/2024 01/29/24 For Sale $84,900 -- $45 / 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 $1,648 $71,300 $3,500 $67,800
2023 $1,248 $52,800 $2,700 $50,100
2022 $3,710 $52,800 $2,700 $50,100
2021 $2,425 $32,600 $3,200 $29,400
2020 $1,296 $32,600 $3,200 $29,400
2019 $1,146 $26,700 $3,300 $23,400
2018 $624 $26,700 $3,300 $23,400
2017 $756 $26,700 $2,500 $24,200
2016 $1,318 $29,200 $2,500 $26,700
2015 $841 $31,400 $2,500 $28,900
2014 $943 $33,800 $2,500 $31,300
2013 -- $33,800 $2,500 $31,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    D'Antae Powers

    EXP Realty LLC-West Allis

  • K

    Buyer's Agent in 2024

    Kelsey Eckert

    Shorewest Realtors, Inc.

    (414) 581-4996

    3 in this area

    126 Total Sales

    Kelsey Eckert
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Map

Source: Metro MLS

MLS Number: 1863137

Metro MLS

APN: 324-1121-100-1

Wisconsin Milwaukee County Milwaukee 53206 North Division

2555 N 16th St Unit 2555A, Milwaukee, WI

This home is located at 2555 N 16th St Unit 2555A, Milwaukee, WI 53206 since 29 January 2024 and is currently estimated at $109,173, approximately $57 per square foot. This property was built in 1892. 2555 N 16th St Unit 2555A 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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