NOT LISTED FOR SALE

Estimated Value: $165,000 - $202,571

4 Beds
2 Baths
2,492 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $125,000 $50 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,200/month

4 Days on Market

About This Home

As of June 2022

Great Investment Property with total rents at $1460.00 per month, which could be adjusted. Both units are occupied with long term tenants that are on Month to Month leases. Very Spacious Units with Hardwood floors throughout both units (per seller under the carpeting as well), beautiful BICC in both units, stain glass windows, separate front and rear entry, and a HUGE 2.5 car garage. Newer Roof, 2 Hot Water Heaters, and Furnaces all replaced within the last 6 years since the seller has owned the property. Sold As Is (No RECR- seller never lived at the property)

Last Agent to Sell the Property

Linda Lee Nickel

Buyers Vantage License #53823-94 Listed on: 05/03/2022

Last Buyer's Agent

Nicholas Deutsch

Buyers Vantage License #54273-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 1923

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 2,492 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: Sellers Personal Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,780

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Stove and fridge in Lower Unit, Washer and Dryer in Basement (in the room to the left), and EDO-2 remotes
  • New Construction: No
  • Year Built: 1923
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2620 N 51st St #2622
  • 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: 2492.00

Exterior Features

  • Exclusions: Sellers Personal Property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum Trim, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.5

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: RT2 Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 1780.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 21, 2022
Sold by
Clara Chapman
Bought by
Jackson Trio Llc
Seller's Agent
Linda Lee Nickel
Buyers Vantage
Buyer's Agent
Nicholas Deutsch
Buyers Vantage
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$176,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,643
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
May 8, 2015
Sold by
Drake Gabriel Peer
Bought by
Chapman Clara

Purchase Details

Closed on
Feb 27, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Drake Gabriel Peer

Purchase Details

Closed on
Jan 20, 2015
Sold by
Williams Sherry L
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Aug 31, 1999
Sold by
Feider Marian
Bought by
Williams Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,512
Interest Rate
7.93%
Mortgage Type
FHA
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
Jackson Trio Llc $125,000 None Listed On Document
Chapman Clara $28,500 None Available
Drake Gabriel Peer $28,500 None Available
Nationstar Mortgage Llc $28,080 None Available
Williams Sherry L $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Sherry L $70,512
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $125,000 0.0% $50 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $125,000 -- $50 / 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 $3,153 $127,500 $7,200 $120,300
2023 $2,278 $96,400 $7,200 $89,200
2022 $2,405 $99,900 $7,200 $92,700
2021 $1,780 $66,600 $7,200 $59,400
2020 $1,768 $66,600 $7,200 $59,400
2019 $1,956 $67,500 $7,300 $60,200
2018 $1,779 $67,500 $7,300 $60,200
2017 $1,702 $61,400 $6,100 $55,300
2016 $1,718 $59,000 $6,100 $52,900
2015 -- $65,500 $6,100 $59,400
2014 -- $69,000 $6,100 $62,900
2013 -- $72,600 $6,100 $66,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1790325

Metro MLS

APN: 328-0347-000-5