NOT LISTED FOR SALE

2603 5th Ave South Milwaukee, WI 53172

Historic Lakeview Neighborhood

Estimated Value: $161,000 - $210,000

2 Beds
1.5 Baths
952 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $150,000 $158 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,094/month

36 Days on Market

About This Home

As of May 2024

This 2 bedroom bungalow is the perfect home or investment property. Located in South Milwaukee this home is near many shopping centers, South Milwaukee Yacht club, and Grant Park on Lake Michigan. Currently Vacant!

Last Agent to Sell the Property

Holly Speranza

Keller Williams-MNS Wauwatosa License #56826-90 Listed on: 03/29/2024

Keller Williams-MNS Wauwatosa

Last Buyer's Agent

Andrew Uhl

RE/MAX Liberty License #52305-90

RE/MAX Liberty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1922

Lot Details

  • 3,485

Interior Spaces

  • 952 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Shed
  • 3,485 Sq Ft Lot

Listing and Financial Details

  • Exclusions: All seller's personal items.

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,470

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: None.
  • Directions: Milwaukee Ave to 5th Ave, South on 5th to property.
  • New Construction: No
  • Year Built: 1922
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 2603 5th AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full
  • Room Bedroom2 Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 7
  • Second Floor Total Sq Ft: 952.00

Exterior Features

  • Exclusions: All seller's personal items.
  • Exterior Building Type: 1.5 Story
  • Exterior: Aluminum/Steel, Aluminum
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RES
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2023
  • Total Taxes: 2470.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 20, 2024
Sold by
Rental Vest Llc
Bought by
Brandt Michael
Seller's Agent
Holly Speranza
Keller Williams-MNS Wauwatosa
Buyer's Agent
Andrew Uhl
RE/MAX Liberty
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Views
85
Current Estimated Value
$186,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,555
Avg. Annual Appreciation
15.99%
Original Mortgage
$136,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2024
Closed on
Mar 26, 2024
Sold by
Kartye Theresa
Bought by
Essential Equity R/E Llc
Seller's Agent
Holly Speranza
Keller Williams-MNS Wauwatosa
Buyer's Agent
Andrew Uhl
RE/MAX Liberty
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2024
Closed on
Mar 25, 2024
Sold by
Essential Equity R/E Llc
Bought by
Rental Vest Llc
Seller's Agent
Holly Speranza
Keller Williams-MNS Wauwatosa
Buyer's Agent
Andrew Uhl
RE/MAX Liberty
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2015
Sold by
Sabisch Michael J and Sabisch Nicole M
Bought by
Kartye Theresa

Purchase Details

Closed on
Apr 3, 2015
Sold by
Sabisch Michael J and Sabisch Nicole M
Bought by
Sabisch Michael J and Sabisch Nicole M

Purchase Details

Closed on
Jan 31, 2008
Sold by
Guehlstorf Melanie and Guehlstorf Melanie J
Bought by
Sabisch Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,047
Interest Rate
6.2%
Mortgage Type
VA

Purchase Details

Closed on
Feb 24, 2004
Sold by
Weber Charles R and Weber Candace M
Bought by
Guehlstorf Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.78%
Mortgage Type
VA
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
Brandt Michael $150,000 None Listed On Document
Essential Equity R/E Llc $82,000 None Listed On Document
Rental Vest Llc $93,000 None Listed On Document
Kartye Theresa $55,000 None Available
Sabisch Michael J -- None Available
Sabisch Michael J $99,900 Priority Title Corporation
Guehlstorf Melanie $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rental Vest Llc $136,500
Previous Owner Sabisch Michael J $102,047
Previous Owner Guehlstorf Melanie $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2024 05/20/24 Sold $150,000 +0.1% $158 / Sq Ft
05/03/2024 05/03/24 For Sale $149,900 -0.1% $157 / Sq Ft
04/02/2024 04/02/24 Off Market $150,000 -- --
03/29/2024 03/29/24 For Sale $149,900 -- $157 / 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 $1,352 $129,400 $56,700 $72,700
2023 $2,660 $129,400 $56,700 $72,700
2022 $3,410 $129,400 $56,700 $72,700
2021 $2,430 $84,000 $39,000 $45,000
2020 $3,312 $84,000 $39,000 $45,000
2019 $2,359 $84,000 $39,000 $45,000
2018 $2,390 $84,000 $39,000 $45,000
2017 $2,236 $84,000 $39,000 $45,000
2016 $2,055 $84,000 $39,000 $45,000
2015 $2,064 $84,000 $39,000 $45,000
2014 $2,014 $84,000 $39,000 $45,000
2013 -- $84,000 $39,000 $45,000
Source: Public Records

Agents Affiliated with this Home

  • Holly Speranza

    Seller's Agent in 2024

    Holly Speranza

    Keller Williams-MNS Wauwatosa

    (414) 517-4717

    1 in this area

    458 Total Sales

    Holly Speranza
    Section Image
  • Andrew Uhl

    Buyer's Agent in 2024

    Andrew Uhl

    RE/MAX

    (262) 336-9000

    2 in this area

    320 Total Sales

    Andrew Uhl
    Section Image
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Map

Source: Metro MLS

MLS Number: 1869384

Metro MLS

APN: 772-0072-000

Wisconsin Milwaukee County South Milwaukee 53172 Historic Lakeview

2603 5th Ave, South Milwaukee, WI

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