NOT LISTED FOR SALE

2642 N Richards St Milwaukee, WI 53212

Harambee Neighborhood

Estimated Value: $95,000 - $198,000

1 Bed
1 Bath
971 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 24, 2015

Last sale price $16,500 $17 Per Sq Ft

Est. 743% increase in value since last sale

Current estimated payment $820/month

25 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bathtub with Shower
  • Forced Air Heating System
  • Golda Meir School Rated A-
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2015

Great investment property - low taxes -near Riverwest - tenant occupied for immediate cash flow!

Last Agent to Sell the Property

Jack Kahl

Main Street Real Estate Holdings, LLC License #56462-90 Listed on: 10/29/2015

Last Buyer's Agent

Jack Kahl

Main Street Real Estate Holdings, LLC License #56462-90 Listed on: 10/29/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 3,049 Sq Ft Lot
  • Property is zoned RT4

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 971 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

3,049 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Directions: Center St - South on Richards
  • New Construction: No
  • Year Built: 1880
  • Cleared Acreage: Less than 1/2
  • Architecture: Ranch
  • Full Street Address: 2642 N Richards STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full
  • Interior Amenities: Living Room, Cable/Satellite Available
  • Bathroom Description: Shower Over Tub
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 971.00

Exterior Features

  • Exterior Building Type: 1 Story
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 1 Car
  • Garage Spaces: 1.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2015
  • Total Taxes: 675.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2015
Closed on
Nov 23, 2015
Sold by
Waterstone Bank Ssb
Bought by
Harambee Homes Llc
Seller's Agent
Jack Kahl
Main Street Real Estate Holdings, LLC
Buyer's Agent
Jack Kahl
Main Street Real Estate Holdings, LLC
List Price
$16,500
Sold Price
$16,500
Current Estimated Value
$139,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,640
Avg. Annual Appreciation
23.02%

Purchase Details

Closed on
Nov 12, 2003
Sold by
Methum E Peder and Methum Traecey
Bought by
Wilber Patrick A

Purchase Details

Closed on
Dec 6, 2002
Sold by
Methum E Peder and Methum Traecey
Bought by
Wilber Patrick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 25, 2002
Sold by
Williams John C and Williams Willie Mae
Bought by
Methum E Peder and Methum Traecey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 18, 1999
Sold by
Williams John C and Williams Willie Mae
Bought by
Methum E Peder and Methum Traecey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500
Interest Rate
6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harambee Homes Llc $16,500 None Available
Wilber Patrick A -- Metropolitan Title Company
Wilber Patrick A $28,500 --
Methum E Peder -- --
Methum E Peder $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilber Patrick A $23,500
Previous Owner Methum E Peder $3,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2015 11/24/15 Sold $16,500 0.0% $17 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
10/29/2015 10/29/15 For Sale $16,500 -- $17 / Sq Ft
Source: Metro MLS

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 $1,247 $58,200 $11,000 $47,200
2023 $1,153 $48,800 $11,000 $37,800
2022 $1,545 $48,800 $11,000 $37,800
2021 $1,179 $47,500 $10,500 $37,000
2020 $1,168 $47,500 $10,500 $37,000
2019 $728 $28,100 $3,000 $25,100
2018 $660 $28,100 $3,000 $25,100
2017 $825 $25,500 $3,000 $22,500
2016 $648 $25,200 $3,000 $22,200
2015 $659 $25,200 $3,000 $22,200
2014 $1,986 $25,200 $3,000 $22,200
2013 -- $25,200 $3,000 $22,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jack Kahl

    Main Street Real Estate Holdings, LLC

    (414) 881-1201

    4 Total Sales

    Jack Kahl
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Map

Source: Metro MLS

MLS Number: 1449187

Metro MLS

APN: 321-1710-000-5

Wisconsin Milwaukee County Milwaukee 53212 Harambee

2642 N Richards St, Milwaukee, WI

Not Listed for Sale

Detached

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