NOT LISTED FOR SALE

2602 N 41st St Unit 2604 Milwaukee, WI 53210

Sherman Park Neighborhood

Estimated Value: $119,000 - $152,272

6 Beds
2 Baths
2,780 Sq Ft
$50/Sq Ft Est. Value

About This Home

This is a tax foreclosed property.This property is strictly restricted for sale for OWNER/OCCUPANCY only. Sealed Bids due by 1/17/2023 by 10:00AM.

Last Agent to Sell the Property

Deborah McCollum-Gathing

Redevelopment Authority City of MKE License #58498-90 Listed on: 12/16/2022

Last Buyer's Agent

Tony Brookens

Homestead Realty, Inc License #60960-94

Homestead Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,780 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,250

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: East on West Clarke to 41st Street turn North to property
  • New Construction: No
  • Year Built: 1920
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2602 N 41st STREET #2604
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2780.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Utilities: 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Mar 20, 2023
Sold by
City Of Milwaukee
Bought by
Cross Tamelka L
Seller's Agent
Deborah McCollum-Gathing
Redevelopment Authority City of MKE
Buyer's Agent
Tony Brookens
Homestead Realty, Inc
List Price
$16,858
Sold Price
$12,000
Premium/Discount to List
-$4,858
-28.82%
Total Days on Market
35
Views
5
Current Estimated Value
$139,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,318
Avg. Annual Appreciation
203.26%

Purchase Details

Closed on
Jan 7, 2009
Sold by
Medley Albert L and Medley Anne L
Bought by
Alm Properties Ii Llc

Purchase Details

Closed on
Mar 21, 2008
Sold by
Medley Albert L and Medley Anne L
Bought by
Medley Tracee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,800
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 2005
Sold by
Alm Properties Ii Llc
Bought by
Medley Albert L and Medley Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 14, 2005
Sold by
Medley Albert L and Medley Anne L
Bought by
Alm Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Cross Tamelka L -- --
Alm Properties Ii Llc -- None Available
Medley Albert L -- None Available
Medley Tracee M $164,000 None Available
Medley Albert L -- Wauwatosa Title & Closing Se
Alm Properties Ii Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cross Tameika L $30,000
Previous Owner Medley Tracee M $155,800
Previous Owner Medley Albert L $144,500
Previous Owner Medley Albert L $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2023 04/09/23 Off Market $16,000 -- --
01/20/2023 01/20/23 Pending -- -- --
12/17/2022 12/17/22 Price Changed $16,000 -5.1% $6 / Sq Ft
12/16/2022 12/16/22 For Sale $16,858 -- $6 / 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 $1,250 $55,600 $3,500 $52,100
2022 $1,250 $55,600 $3,500 $52,100
2021 $3,186 $49,900 $3,200 $46,700
2020 $2,956 $49,900 $3,200 $46,700
2019 $4,349 $43,700 $3,400 $40,300
2018 $1,987 $43,700 $3,400 $40,300
2017 $6,352 $34,900 $3,600 $31,300
2016 $3,458 $38,500 $3,600 $34,900
2015 -- $43,000 $3,600 $39,400
2014 -- $43,000 $3,600 $39,400
2013 -- $50,600 $3,600 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1820616

Metro MLS

APN: 327-1364-000-9