NOT LISTED FOR SALE

2614 N 48th St Unit 2616 Milwaukee, WI 53210

Uptown Milwaukee Neighborhood

Estimated Value: $98,819 - $132,000

4 Beds
2 Baths
2,436 Sq Ft
$46/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $100,000 $41 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $771/month

51 Days on Market

About This Home

As of May 2024

Historic city of Milwaukee duplex unique investment opportunity. Each unit comprises 2 bedrms & 1 bath, offering comfortable accommodations. Lower includes an additional room, potentially convertible into a 3rd bedrm, pending finishing. An enduring feature of both units is the presence of formal dining rms w/built-in buffets, enhancing the intrinsic appeal of the property. Please note the property requires comprehensive repairs & updates, potentially rendering it ineligible for FHA or VA lending. Prospective buyers inclined towards renovation projects may find this property particularly appealing. Investors are encouraged to explore the prospects presented by this residence, which holds promise for those seeking to refurbish & revitalize a classic Milwaukee dwelling.

Last Agent to Sell the Property

Nancy Stanisch

Redfin Corporation License #49721-94 Listed on: 03/11/2024

Last Buyer's Agent

Andrew Boisvert

Shorewest Realtors - South Metro License #92771-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,436 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller's unattached personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,006

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Lower: Window treatments Upper: Microwave, Dishwasher, window treatments Both: Seller prefers to leave any additional remaining items in either unit and/or basement
  • New Construction: No
  • Year Built: 1922
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2614 N 48th STREET #2616
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Crawl Space Only, Full
  • Second Floor Total Sq Ft: 2436.00

Exterior Features

  • Exclusions: Seller's unattached personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Wood, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

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: RES
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 2006.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 6, 2024
Sold by
Jackson Michael and Jackson Michael
Bought by
2614 N 48Th Llc
Seller's Agent
Nancy Stanisch
Redfin Corporation
Buyer's Agent
Andrew Boisvert
Shorewest Realtors - South Metro
List Price
$127,000
Sold Price
$100,000
Premium/Discount to List
-$27,000
-21.26%
Total Days on Market
51
Views
35
Current Estimated Value
$112,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,705
Avg. Annual Appreciation
11.49%
Source: Public Records

Range of Values:

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Average Value
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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
2614 N 48Th Llc $100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Michael $124,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $100,000 -21.3% $41 / Sq Ft
03/11/2024 03/11/24 For Sale $127,000 -- $52 / 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 $2,077 $87,900 $7,000 $80,900
2022 $2,119 $87,900 $7,000 $80,900
2021 $1,619 $58,700 $6,900 $51,800
2020 $1,561 $58,700 $6,900 $51,800
2019 $1,807 $60,800 $6,900 $53,900
2018 $1,606 $60,800 $6,900 $53,900
2017 $1,536 $55,300 $5,700 $49,600
2016 $1,554 $53,300 $5,700 $47,600
2015 -- $59,200 $5,700 $53,500
2014 -- $62,300 $5,700 $56,600
2013 -- $65,600 $5,700 $59,900
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nancy Stanisch

    Redfin Corporation

    (262) 893-9161

    Section Image

  • A

    Buyer's Agent in 2024

    Andrew Boisvert

    Shorewest Realtors - South Metro

    (414) 828-3739

    9 in this area

    115 Total Sales

    Andrew Boisvert
    Section Image
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Map

Source: Metro MLS

MLS Number: 1867305

Metro MLS

APN: 328-0211-000-5

Wisconsin Milwaukee County Milwaukee 53210 Uptown Milwaukee

2614 N 48th St Unit 2616, Milwaukee, WI

This home is located at 2614 N 48th St Unit 2616, Milwaukee, WI 53210 since 11 March 2024 and is currently estimated at $112,705, approximately $46 per square foot. This property was built in 1922. 2614 N 48th St Unit 2616 is a home located in Milwaukee County with nearby schools including Milwaukee German Immersion School, Craig Montessori School, and La Escuela Fratney.

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