NOT LISTED FOR SALE

2611 S Chicago Ave South Milwaukee, WI 53172

Drexel Highlands Neighborhood

Estimated Value: $276,929 - $320,000

-- Bed
-- Bath
1,765 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $136,500 $77 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,703/month

184 Days on Market

About This Home

As of April 2016

This excellent investment property w/ over $17,000 in annual income could be yours today! This well-maintained property features private entrances, large room sizes, hardwood floors, private fenced-in back yard, and 2 car garage w/2 additional parking spaces. Both units come complete with range, refrigerator, washer, and dryer. Tenant pays own heat and electricity! Improvements include new roof in 2009 and energy-efficient windows with life time warranty in 2006 (lower) & 2008 (upper). Sizes Approximated.

Last Agent to Sell the Property

Bob Yeager

Realty Executives - Elite License #22428-90 Listed on: 10/07/2015

Last Buyer's Agent

Laurie Altenhofen

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 1928

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Aluminum Trim

Interior Spaces

  • 1,765 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,036

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: I-94 to Rawson, East to Chicago, South to home
  • New Construction: No
  • Year Built: 1928
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2611 S Chicago AVENUE
  • Lot Acreage: 0.12
  • 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: 1765.00

Exterior Features

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

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 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

  • Junior High Dist: South Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2014
  • Total Taxes: 3036.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Apr 21, 2016
Sold by
Larson Travis and Larson Cortney
Bought by
Broniec Tammy C and Broniec Jeffrey A
Seller's Agent
Bob Yeager
Realty Executives - Elite
Buyer's Agent
Laurie Altenhofen
Coldwell Banker Realty
List Price
$136,500
Sold Price
$136,500
Current Estimated Value
$291,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,232
Avg. Annual Appreciation
8.30%
Original Mortgage
$107,600
Outstanding Balance
$85,482
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$206,250

Purchase Details

Closed on
Mar 10, 2005
Sold by
Lessard Daniel and Lessard Daniel R
Bought by
Larson Travis and Bartelak Cortney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,980
Interest Rate
5.67%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2000
Sold by
Christianson Jay C
Bought by
Lessard Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Broniec Tammy C $136,500 First American
Larson Travis $145,000 --
Lessard Daniel $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broniec Tammy C $107,600
Previous Owner Larson Travis $142,980
Previous Owner Lessard Daniel $102,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $136,500 0.0% $77 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
10/07/2015 10/07/15 For Sale $136,500 -- $77 / 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 $2,023 $192,300 $57,600 $134,700
2023 $3,977 $192,300 $57,600 $134,700
2022 $3,993 $192,300 $57,600 $134,700
2021 $3,639 $125,000 $48,000 $77,000
2020 $3,587 $125,000 $48,000 $77,000
2019 $3,538 $125,000 $48,000 $77,000
2018 $3,557 $125,000 $48,000 $77,000
2017 $3,362 $125,000 $48,000 $77,000
2016 $3,094 $125,000 $48,000 $77,000
2015 $3,111 $125,000 $48,000 $77,000
2014 $3,036 $125,000 $48,000 $77,000
2013 $3,465 $125,000 $48,000 $77,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bob Yeager

    Realty Executives - Elite

  • L

    Buyer's Agent in 2016

    Laurie Altenhofen

    Coldwell Banker Realty

See All Agents

Map

Source: Metro MLS

MLS Number: 1446361

Metro MLS

APN: 777-0351-000

Wisconsin Milwaukee County South Milwaukee 53172 Drexel Highlands

2611 S Chicago Ave, South Milwaukee, WI

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