NOT LISTED FOR SALE

2618 N 40th St Unit 2620 Milwaukee, WI 53210

Sherman Park Neighborhood

Estimated Value: $119,248 - $129,000

6 Beds
2 Baths
2,842 Sq Ft
$44/Sq Ft Est. Value

About This Home

Lower unit is ready to occupy or rent, upper unit rented 800 per month leased thru June 30 2023

Last Agent to Sell the Property

David Qureshi

Coldwell Banker Realty License #50305-90 Listed on: 05/31/2022

Coldwell Banker Realty

Last Buyer's Agent

Melissa Walker

Realty Executives Integrity NorthShore License #59631-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,842 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

$1,645

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Sherman Blvd to Center Street turn east to 40 turn south to property
  • New Construction: No
  • Year Built: 1922
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2618 N 40th STREET #2620
  • Lot Acreage: 0.11
  • 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: 2842.00

Exterior Features

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

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.5
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2021
  • Total Taxes: 1644.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Aug 12, 2022
Sold by
Cashfloo Llc
Bought by
Nexus Investments Holdings Llc
Seller's Agent
David Qureshi
Coldwell Banker Realty
Buyer's Agent
Melissa Walker
Realty Executives Integrity NorthShore
List Price
$109,900
Sold Price
$106,000
Premium/Discount to List
-$3,900
-3.55%
Total Days on Market
46
Current Estimated Value
$125,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,062
Avg. Annual Appreciation
5.87%
Original Mortgage
$81,885
Outstanding Balance
$78,524
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$45,776

Purchase Details

Closed on
Feb 12, 2010
Sold by
Marschke Trinnan Sloan
Bought by
Cashfloo Llc

Purchase Details

Closed on
Feb 8, 2010
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Marschke Trinnan Sloan

Purchase Details

Closed on
Oct 1, 2008
Sold by
Universal Mortgage Corporation
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 26, 2008
Sold by
Estate Of Lenoria Drinkwater
Bought by
Universal Mortgage Corp

Purchase Details

Closed on
Jun 16, 2005
Sold by
Mickelson Randy
Bought by
Drinkwater Lenoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,528
Interest Rate
5.68%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2004
Sold by
Reynolds Brian J and Reynolds Jennifer L
Bought by
Mickelson Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2002
Sold by
Val R Luljack Revocable Trust
Bought by
Reynolds Brian J and Reynolds Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,650
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage
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
Nexus Investments Holdings Llc $106,000 None Listed On Document
Cashfloo Llc $40,000 None Available
Marschke Trinnan Sloan -- None Available
The Secretary Of Housing & Urban Develop $174,200 None Available
Universal Mortgage Corp -- None Available
Drinkwater Lenoria $160,000 --
Mickelson Randy $109,000 --
Reynolds Brian J $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nexus Investments Holdings Llc $81,885
Previous Owner Drinkwater Lenoria $157,528
Previous Owner Mickelson Randy $81,750
Previous Owner Reynolds Brian J $43,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2022 10/16/22 Off Market $109,900 -- --
07/17/2022 07/17/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $109,900 -- $39 / 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 $1,614 $68,300 $3,400 $64,900
2022 $1,653 $68,300 $3,400 $64,900
2021 $1,675 $62,600 $3,100 $59,500
2020 $1,663 $62,600 $3,100 $59,500
2019 $1,630 $48,600 $3,200 $45,400
2018 $1,290 $48,600 $3,200 $45,400
2017 $1,088 $38,900 $3,400 $35,500
2016 $1,256 $42,900 $3,400 $39,500
2015 -- $47,900 $3,400 $44,500
2014 -- $47,900 $3,400 $44,500
2013 -- $56,300 $3,400 $52,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Qureshi

    Coldwell Banker Realty

    (414) 277-9500

    1 in this area

    3 Total Sales

    David Qureshi
    Section Image

  • M

    Buyer's Agent in 2022

    Melissa Walker

    Realty Executives Integrity NorthShore

See All Agents

Map

Source: Metro MLS

MLS Number: 1795292

Metro MLS

APN: 327-1396-000-3

Wisconsin Milwaukee County Milwaukee 53210 Sherman Park

2618 N 40th St Unit 2620, Milwaukee, WI

This home is located at 2618 N 40th St Unit 2620, Milwaukee, WI 53210 since 31 May 2022 and is currently estimated at $125,062, approximately $44 per square foot. This property was built in 1922. 2618 N 40th St Unit 2620 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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