NOT LISTED FOR SALE

2648 N 2nd St Unit 2650 Milwaukee, WI 53212

Harambee Neighborhood

Estimated Value: $231,000 - $332,064

7 Beds
3 Baths
4,022 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $189,500 $47 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,012/month

130 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • 4-minute walk to Victory Over Violence Park
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

As of April 2021

Great RARE investment opportunity. Well maintained 3 family property. The first two stories units are huge in size. The property was remodeled over the past few years. Updated kitchens, bathrooms, many windows were replaced, and sanded & sealed HWF. Separate mechanicals for each unit. All the applicances are included in the sale. Excellent cash flow potential on this property. Do not hesitate to add this lucretive investment property to your portfolio.

Last Agent to Sell the Property

D'Antae Powers

Boardwalk Realty LLC License #86847-94 Listed on: 10/20/2020

Last Buyer's Agent

ALEXANDRE VIEIRA

Shorewest Realtors, Inc. License #90449-94

Shorewest Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 1904

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,022 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,953

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 stove, 3 refrigerators, 2 washers, and 2 dryers.
  • Directions: I43 to E Locust St. East on E Locust St to N 2nd St. South on N 2nd St to property
  • New Construction: No
  • Year Built: 1904
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 2648 N 2nd STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 4022.00

Exterior Features

  • Exterior Building Type: Duplex +
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 3 - 4

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2019
  • Total Taxes: 2953.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Apr 12, 2021
Sold by
Dunn David and Dunn Briana
Bought by
Meyers John T and Masson Meyers Daniel
Seller's Agent
D'Antae Powers
Boardwalk Realty LLC
Buyer's Agent
ALEXANDRE VIEIRA
Shorewest Realtors, Inc.
List Price
$189,500
Sold Price
$189,500
Current Estimated Value
$274,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,516
Avg. Annual Appreciation
8.89%
Original Mortgage
$142,125
Outstanding Balance
$128,976
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$145,040

Purchase Details

Closed on
Aug 20, 2019
Sold by
Roberts Alan L
Bought by
Dunn David and Dunn Briana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8.13%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2006
Sold by
Zainer Christopher
Bought by
Roberts Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2005
Sold by
Brophy Timothy J
Bought by
Zainer Christopher
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
Meyers John T $189,500 None Available
Dunn David $145,000 None Available
Roberts Alan L $60,000 None Available
Zainer Christopher $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyers John T $142,125
Previous Owner Dunn David Lee $137,800
Previous Owner Dunn David $130,500
Previous Owner Roberts Alan L $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $189,500 0.0% $47 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
10/20/2020 10/20/20 For Sale $189,500 -- $47 / 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 $5,988 $265,000 $18,500 $246,500
2023 $5,244 $221,900 $18,500 $203,400
2022 $7,459 $221,900 $18,500 $203,400
2021 $4,234 $144,900 $18,500 $126,400
2020 $3,717 $144,900 $18,500 $126,400
2019 $2,953 $72,100 $5,600 $66,500
2018 $1,798 $72,100 $5,600 $66,500
2017 $1,894 $72,100 $5,600 $66,500
2016 $1,942 $70,300 $5,600 $64,700
2015 -- $70,300 $5,600 $64,700
2014 -- $78,700 $5,600 $73,100
2013 -- $78,700 $5,600 $73,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1715654

Metro MLS

APN: 322-0108-000-1