NOT LISTED FOR SALE

2660 N 40th St Unit 2662 Milwaukee, WI 53210

Sherman Park Neighborhood

Estimated Value: $83,000 - $136,000

4 Beds
2 Baths
2,262 Sq Ft
$48/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $29,000 $13 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $679/month

6 Days on Market

About This Home

As of November 2019

Spacious duplex with 2 bedrooms in each unit on street with well-cared for properties & NO boarded up houses. Not a foreclosure or short sale. Property needs work & has building violations but huge potential is there. Lower unit already has new kitchen counter, cupboards, and sink ready for install. Parking slab is in back. Upper tenant's rent is paid by outside agency ($625/mo.) & lower unit is vacant. No property condition report (seller has never lived on property). Buyer will be responsible for building code violations.

Last Agent to Sell the Property

Julie Hilleshiem

Xcel Realty, LLC License #57118-90 Listed on: 10/23/2019

Last Buyer's Agent

Julie Hilleshiem

Xcel Realty, LLC License #57118-90 Listed on: 10/23/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,262 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Upper tenant's belongings in upper unit and basement.

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Everything that's left in lower unit.
  • Directions: South of Center
  • New Construction: No
  • Year Built: 1921
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2660 N 40th STREET #2662
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2262.00

Exterior Features

  • Exclusions: Upper tenant's belongings in upper unit and basement.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, 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: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2018
  • Total Taxes: 981.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2020
Sold by
Monarch Investments Llc
Bought by
Smith Tyron S
Total Days on Market
6
Current Estimated Value
$109,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,865
Outstanding Balance
$58,254
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$50,149

Purchase Details

Listed on
Oct 23, 2019
Closed on
Nov 20, 2019
Sold by
Pietig Mark
Bought by
Monrach Investments Llc
Seller's Agent
Julie Hilleshiem
Xcel Realty, LLC
Buyer's Agent
Julie Hilleshiem
Xcel Realty, LLC
List Price
$29,000
Sold Price
$29,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.87%
Original Mortgage
$48,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2018
Sold by
William And Williams Investments Llc
Bought by
Pietig Mark

Purchase Details

Closed on
Apr 9, 2009
Sold by
Tate Clinton
Bought by
Sherard Will J and Will J Sherard Trust

Purchase Details

Closed on
Jun 30, 2000
Sold by
Tate Dorothy M
Bought by
Tate Clinton
Source: Public Records

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Range of Values:

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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
Smith Tyron S $75,000 Prism Title Midwest Llc
Monrach Investments Llc $27,000 None Available
Pietig Mark $44,000 None Available
William & Wlliams Investments Llc $34,000 None Available
Sherard Will J $30,800 None Available
Tate Clinton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tyron S $64,865
Previous Owner Monrach Investments Llc $48,500
Previous Owner Tate Clinton $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $29,000 0.0% $13 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $29,000 -- $13 / 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 $763 $32,300 $3,400 $28,900
2022 $4,255 $32,300 $3,400 $28,900
2021 $1,370 $34,000 $3,100 $30,900
2020 $1,219 $34,000 $3,100 $30,900
2019 $1,745 $40,500 $3,200 $37,300
2018 $1,081 $40,500 $3,200 $37,300
2017 $1,139 $32,400 $3,400 $29,000
2016 $1,049 $35,700 $3,400 $32,300
2015 -- $39,900 $3,400 $36,500
2014 -- $39,900 $3,400 $36,500
2013 -- $46,900 $3,400 $43,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Julie Hilleshiem

    Xcel Realty, LLC

See All Agents

Map

Source: Metro MLS

MLS Number: 1665146

Metro MLS

APN: 327-1404-000-5

Wisconsin Milwaukee County Milwaukee 53210 Sherman Park

2660 N 40th St Unit 2662, Milwaukee, WI

This home is located at 2660 N 40th St Unit 2662, Milwaukee, WI 53210 since 23 October 2019 and is currently estimated at $109,639, approximately $48 per square foot. This property was built in 1921. 2660 N 40th St Unit 2662 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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