NOT LISTED FOR SALE

2700 N Vel R Phillips Ave Unit 2704 Milwaukee, WI 53212

Harambee Neighborhood

Estimated Value: $132,000 - $288,394

8 Beds
4 Baths
3,339 Sq Ft
$55/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $79,900 $24 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,459/month

4 Days on Market

Highlights

  • Wood Siding
  • Golda Meir School Rated A-
  • 2-minute walk to Victory Over Violence Park

About This Home

As of December 2019

GREAT INVESTMENT OPPORTUNITY ON THIS BRICK DUPLEX WITH 4 BEDROOMS PLUS 2 FULL BATHS IN EACH UNIT. UPPER UNIT STILL NEEDS SOME TLC. 2 CAR PARKING IN BACK. THIS IS TRULY A MONEY MAKER!!!!

Last Agent to Sell the Property

Sandy Ertel

RE/MAX Lakeside-North License #18634-90 Listed on: 10/10/2019

Last Buyer's Agent

MRG Team*

Market Realty Group License #56004-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,175

Year Built

  • Built in 1909

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,339 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: TENANT'S PERSONAL PROPERTY
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,175

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: CORNER OF CENTER AND 4TH STREET (VEL R PHILLIPS AVE)
  • New Construction: No
  • Year Built: 1909
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2700 N Vel R Phillips AVENUE #2704
  • 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: 3339.00

Exterior Features

  • Exclusions: TENANT'S PERSONAL PROPERTY
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Brick/Stone, Brick, Partial-Wood

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: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2018
  • Total Taxes: 1175.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 5, 2019
Sold by
Ron Smitherson Investments Llc
Bought by
Waldkirch Enterprises Llc
Seller's Agent
Sandy Ertel
RE/MAX Lakeside-North
Buyer's Agent
MRG Team*
Market Realty Group
List Price
$79,900
Sold Price
$79,900
Total Days on Market
4
Current Estimated Value
$185,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,199
Avg. Annual Appreciation
11.75%
Original Mortgage
$63,920
Outstanding Balance
$31,077
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$119,798

Purchase Details

Closed on
Sep 18, 2015
Sold by
Mitchell Thomas
Bought by
Ron Smitherson Investments Llc

Purchase Details

Closed on
Apr 16, 2015
Sold by
Us Bank Na
Bought by
Mitchell Thomas

Purchase Details

Closed on
Sep 3, 2004
Sold by
Connolly Carrie A and Williams Carrie A
Bought by
Williams Kenneth L and Williams Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 30, 1999
Sold by
Malone Arthur T and Dercole Sandra J
Bought by
Connolly Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
7.9%
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
Waldkirch Enterprises Llc $79,900 Knight Barry Title Inc
Ron Smitherson Investments Llc $57,500 Royalty Title Corp
Mitchell Thomas $18,200 1St Service Title & Closing
Williams Kenneth L -- Metropolitan Title Company
Connolly Carrie A $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waldkirch Enterprises Llc $63,920
Previous Owner Williams Kenneth L $102,400
Previous Owner Williams Kenneth L $25,600
Previous Owner Williams Kenneth L $109,250
Previous Owner Connolly Carrie A $49,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $79,900 0.0% $24 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $79,900 -- $24 / 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 $5,397 $150,600 $9,200 $141,400
2023 $3,202 $135,500 $9,200 $126,300
2022 $4,990 $135,500 $9,200 $126,300
2021 $4,759 $120,800 $9,200 $111,600
2020 $4,597 $120,800 $9,200 $111,600
2019 $1,480 $48,000 $3,100 $44,900
2018 $1,643 $48,000 $3,100 $44,900
2017 $2,099 $48,000 $2,800 $45,200
2016 $2,785 $48,200 $2,800 $45,400
2015 -- $45,100 $2,800 $42,300
2014 -- $48,200 $2,800 $45,400
2013 -- $50,700 $2,800 $47,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sandy Ertel

    RE/MAX

  • M

    Buyer's Agent in 2019

    MRG Team*

    Market Realty Group

See All Agents

Map

Source: Metro MLS

MLS Number: 1663275

Metro MLS

APN: 313-0040-000-3

Wisconsin Milwaukee County Milwaukee 53212 Harambee

2700 N Vel R Phillips Ave Unit 2704, Milwaukee, WI

This home is located at 2700 N Vel R Phillips Ave Unit 2704, Milwaukee, WI 53212 since 10 October 2019 and is currently estimated at $185,099, approximately $55 per square foot. This property was built in 1909. 2700 N Vel R Phillips Ave Unit 2704 is a home located in Milwaukee County with nearby schools including Dr. Martin Luther King, Jr. School, Craig Montessori School, and Milwaukee German Immersion School.

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