NOT LISTED FOR SALE

2722 N 48th St Unit 2724 Milwaukee, WI 53210

Saint Joseph Neighborhood

Estimated Value: $138,000 - $187,908

4 Beds
2 Baths
2,520 Sq Ft
$64/Sq Ft Est. Value

About This Home

Check out this great investment opportunity. Each unit is a 2 bed, 1 bath, and is well taken care of. Both units are complete with an eat-in kitchens, formal dining rooms, large walk in pantries, HWF and loads of character. Newer roof and windows, freshly painted exterior trim, new flooring in kitchen on lower unit, and many newer mechanicals. , Great cash flow and downstairs tenant has occupied the property for 32 years! Come check out this great investment today!

Last Agent to Sell the Property

Brian Redlich

Real Broker LLC License #72270-94 Listed on: 01/23/2023

Last Buyer's Agent

Lee Carey Johnson

Coldwell Banker Realty License #61105-94

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,520 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: Tenant's Personal Property, 2 Washers, 2 Dryers, Seller's Personal Property
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,158

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Refrigerators, 2 Stoves
  • Directions: Burleigh to 48th and south to home. Center to 48th and North to home.
  • New Construction: No
  • Year Built: 1923
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2722 N 48th STREET
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2520.00

Exterior Features

  • Exclusions: Tenant's Personal Property, 2 Washers, 2 Dryers, Seller's Personal Property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Stone, Partial-Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0

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: 2022
  • Total Taxes: 2157.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Feb 28, 2023
Sold by
Bar Properties 2722 Llc
Bought by
Group Properties-3 Llc
Seller's Agent
Brian Redlich
Real Broker LLC
Buyer's Agent
Lee Carey Johnson
Coldwell Banker Realty
List Price
$129,900
Sold Price
$140,000
Premium/Discount to List
$10,100
7.78%
Total Days on Market
5
Views
107
Current Estimated Value
$160,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,727
Avg. Annual Appreciation
6.33%
Original Mortgage
$108,000
Outstanding Balance
$105,221
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$55,506

Purchase Details

Closed on
Oct 15, 2021
Sold by
Witte Kyle R and Scheid Nathaniel L
Bought by
Bar Properties 2722 Llc

Purchase Details

Closed on
Oct 10, 2006
Sold by
Bahneman Gerald O and Bahneman Kathleen
Bought by
48Th Street 2776 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 9, 2006
Sold by
Scheid Timothy W and Scheid Sherry A
Bought by
Witte Kyle R and Scheid Nathaniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.73%
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
Group Properties-3 Llc $135,000 --
Bar Properties 2722 Llc $70,000 Prism Title
48Th Street 2776 Llc -- None Available
Witte Kyle R $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Group Properties-3 Llc $108,000
Previous Owner Witte Kyle R $76,750
Previous Owner Scheid Nathaniel L $84,000
Previous Owner Witte Kyle R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2023 04/02/23 Off Market $129,900 -- --
01/23/2023 01/23/23 For Sale $129,900 -- $52 / 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 $2,115 $89,500 $7,100 $82,400
2022 $2,158 $89,500 $7,100 $82,400
2021 $2,012 $75,400 $7,100 $68,300
2020 $1,998 $75,400 $7,100 $68,300
2019 $1,729 $60,900 $7,100 $53,800
2018 $1,609 $60,900 $7,100 $53,800
2017 $1,538 $55,400 $5,900 $49,500
2016 $1,600 $54,900 $5,900 $49,000
2015 -- $57,800 $5,900 $51,900
2014 -- $64,200 $5,900 $58,300
2013 -- $71,400 $5,900 $65,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brian Redlich

    Real Broker LLC

  • L

    Buyer's Agent in 2023

    Lee Carey Johnson

    Coldwell Banker Realty

    (414) 828-6703

    1 in this area

    10 Total Sales

    Lee Carey Johnson
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Map

Source: Metro MLS

MLS Number: 1822904

Metro MLS

APN: 307-1026-000-8

Wisconsin Milwaukee County Milwaukee 53210 Saint Joseph

2722 N 48th St Unit 2724, Milwaukee, WI

This home is located at 2722 N 48th St Unit 2724, Milwaukee, WI 53210 since 23 January 2023 and is currently estimated at $160,727, approximately $63 per square foot. This property was built in 1923. 2722 N 48th St Unit 2724 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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