NOT LISTED FOR SALE

2601 N Pierce St Unit 2603 Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $139,000 - $338,000

5 Beds
2 Baths
2,224 Sq Ft
$120/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $313,000 $141 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,980/month

7 Days on Market

About This Home

As of March 2024

Fantastic investment opportunity or owner occupied 2/2 duplex located in highly desirable Riverwest. This 2 flat is welcoming, well maintained and move-in ready! Both units offer a spacious living room showcasing the natural hardwood floors overlooking the dining room and kitchen. Great for entertaining! Let's not forget about the awesome pantries in both kitchens and stainless steel appliances that are included in both units. Updated bathrooms and a 2.5 car detached garage along with large usable basement space with washer and dryer included. Huge attic space that could be a great finished suite. Current rental income $2700mo

Last Agent to Sell the Property

Jonathan Minerick

homecoin.com License #59285-90 Listed on: 02/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,588

Year Built

  • Built in 1906

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: TENANTS PERSONAL PROPERTY, SELLERS PERSONAL PROPERTY

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,588

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: APPLIANCES: WASHER, DRYER, 2 REFRIDGERATORS, 2 STOVES, 3 AC UNITS(LOWER), BLINDS
  • Directions: ON THE CORNER OF N.PIERCE ST AND E. CLARKE ST A FEW BLOCKS WEST OF HUMBOLDT BLVD. AND THE MILWAUKEE RIVER
  • New Construction: No
  • Year Built: 1906
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2601 N Pierce STREET #2603
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2224.00

Exterior Features

  • Exclusions: TENANTS PERSONAL PROPERTY, SELLERS PERSONAL PROPERTY
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.5

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: LB2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 5588.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2025
Sold by
Renier Jeffrey Joseph
Bought by
Adams Lamyra Star and Renier Alexander Ryan
Current Estimated Value
$266,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$254,789
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$41,653

Purchase Details

Listed on
Feb 6, 2024
Closed on
Feb 27, 2024
Sold by
Lyons Philip J and Lyons Judith K
Bought by
Renier Jeffrey Joseph and Renier Alexander Ryan
Seller's Agent
Jonathan Minerick
homecoin.com
List Price
$289,900
Sold Price
$313,000
Premium/Discount to List
$23,100
7.97%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.76%

Purchase Details

Listed on
Sep 9, 2021
Closed on
Sep 29, 2021
Sold by
Kaphingst John B and Kaphingst Dan
Bought by
Lyons Phillip J and Dwyer Lyons Judith
Seller's Agent
Dianna Peccarelli
Keller Williams Realty-Milwaukee Southwest
Buyer's Agent
Maura Strickler
Shorewest Realtors, Inc.
List Price
$271,000
Sold Price
$271,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Jul 11, 2001
Sold by
Landre Thomas J and Landre Linda C S
Bought by
Kaphingst John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.22%
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
Adams Lamyra Star $105,000 None Listed On Document
Renier Jeffrey Joseph $313,000 None Listed On Document
Lyons Phillip J $271,000 None Available
Kaphingst John B $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Lamyra Star $255,000
Previous Owner Kaphingst John B $122,637
Previous Owner Kaphingst John B $30,000
Previous Owner Kaphingst John B $0
Previous Owner Kaphingst John B $125,500
Previous Owner Kaphingst John B $146,500
Previous Owner Kaphingst John B $18,800
Previous Owner Kaphingst John $143,000
Previous Owner Kaphingst John B $25,000
Previous Owner Kaphingst John B $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $313,000 +8.0% $141 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $289,900 +7.0% $130 / Sq Ft
09/30/2021 09/30/21 Sold $271,000 0.0% $122 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $271,000 -- $122 / 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 $6,096 $269,700 $28,200 $241,500
2023 $5,659 $239,500 $28,200 $211,300
2022 $5,630 $239,500 $28,200 $211,300
2021 $5,676 $218,700 $28,200 $190,500
2020 $5,648 $218,700 $28,200 $190,500
2019 $4,741 $161,500 $28,600 $132,900
2018 $4,112 $161,500 $28,600 $132,900
2017 $4,010 $149,600 $28,600 $121,000
2016 $4,101 $145,500 $28,600 $116,900
2015 -- $141,000 $28,600 $112,400
2014 -- $141,000 $28,600 $112,400
2013 -- $141,000 $28,600 $112,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1863797

Metro MLS

APN: 321-1642-000-6