NOT LISTED FOR SALE

2609 5th Ave South Milwaukee, WI 53172

Historic Lakeview Neighborhood

Estimated Value: $242,000 - $296,000

-- Bed
-- Bath
2,218 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $230,000 $104 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,611/month

61 Days on Market

About This Home

As of August 2024

Rare opportunity to own a well-maintained 2/2 duplex near Grant Park. Both units boast modern updates including quartz countertops, cabinetry, and fixtures in the kitchens. Currently fully rented, this property is a great investment opportunity. Don't miss out, schedule a showing today.

Last Agent to Sell the Property

Matthew Zaworski

Homestead Realty, Inc License #92672-94 Listed on: 06/21/2024

Homestead Realty, Inc

Last Buyer's Agent

Pam Beck

EXP Realty, LLC~MKE License #49149-90

EXP Realty, LLC~MKE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,307

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,218 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Lakeview Elementary School
  • South Milwaukee Middle School
  • South Milwaukee High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller & all tenants personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,307

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2609 5th AVENUE
  • Lot Acreage: 0.17
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2218.00

Exterior Features

  • Exclusions: Seller & all tenants personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • Elementary School: Lakeview
  • High School: South Milwaukee
  • Junior High Dist: South Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Total Taxes: 4307.49

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 29, 2024
Sold by
Wesley Adam and Wesley Brittany
Bought by
Seoud Tamer and Swanson Joy
Seller's Agent
Matthew Zaworski
Homestead Realty, Inc
Buyer's Agent
Pam Beck
EXP Realty, LLC~MKE
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
143
Current Estimated Value
$271,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,401
Avg. Annual Appreciation
15.34%

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 17, 2022
Sold by
Realpoint Llc
Bought by
Wesley Adam and Wesley Brittany
Seller's Agent
The Combs Team*
RE/MAX Realty Pros~Hales Corners
Buyer's Agent
Matthew Zaworski
Homestead Realty, Inc
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%
Original Mortgage
$168,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2021
Sold by
Proper Houses Llc
Bought by
Real Point Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Interest Rate
2.9%
Mortgage Type
Commercial
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
Seoud Tamer $230,000 Superior Title
Wesley Adam $225,000 None Listed On Document
Real Point Llc $102,000 None Available
Propper Houses Llc $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wesley Adam $168,750
Previous Owner Real Point Llc $137,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $230,000 -8.0% $104 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $250,000 +11.1% $113 / Sq Ft
03/24/2022 03/24/22 Sold $225,000 0.0% $101 / Sq Ft View Prior Sale
02/26/2022 02/26/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $225,000 -- $101 / 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 $2,190 $209,100 $72,900 $136,200
2023 $4,307 $209,100 $72,900 $136,200
2022 $2,595 $122,100 $72,900 $49,200
2021 $3,722 $128,000 $45,000 $83,000
2020 $4,749 $128,000 $45,000 $83,000
2019 $3,619 $128,000 $45,000 $83,000
2018 $3,873 $128,000 $45,000 $83,000
2017 $3,615 $128,000 $45,000 $83,000
2016 $3,170 $128,000 $45,000 $83,000
2015 $3,188 $128,000 $45,000 $83,000
2014 $3,111 $128,000 $45,000 $83,000
2013 $3,546 $128,000 $45,000 $83,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matthew Zaworski

    Homestead Realty, Inc

    (414) 559-1703

    3 in this area

    15 Total Sales

    Matthew Zaworski
    Section Image
  • Pam Beck

    Buyer's Agent in 2024

    Pam Beck

    EXP Realty, LLC~MKE

    (414) 322-8551

    1 in this area

    22 Total Sales

    Pam Beck
    Section Image

  • T

    Seller's Agent in 2022

    The Combs Team*

    RE/MAX

See All Agents

Map

Source: Metro MLS

MLS Number: 1880588

Metro MLS

APN: 772-0073-000

Wisconsin Milwaukee County South Milwaukee 53172 Historic Lakeview

2609 5th Ave, South Milwaukee, WI

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