NOT LISTED FOR SALE

2725 W Concordia Ave Milwaukee, WI 53216

Franklin Heights Neighborhood

Estimated Value: $27,206 - $121,000

2 Beds
1 Bath
672 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $24,900 $37 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $448/month

3 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bathtub with Shower
  • High Speed Internet
  • Golda Meir School Rated A-
  • 1-Story Property

About This Home

As of February 2022

Investor's delight! This two bedroom bungalow will slot nicely into a rental portfolio or work well as a rehab project. TLC and cosmetics are needed and some elbow grease is required to reveal the sweat equity, but the shell looks good, systems are on and functioning, and the proverbial bones appear to be solid. The hardwood floors would be a great point of inspiration to kick off the rehab. Off-street parking via a detached garage and parking pad. Manageable yard is just the right size. Bring your paint brush, toolbox, crew, and ideas to polish this gem with updates and upgrades! Check out the low taxes and $27,000 as-is appraisal. Speaking of as-is, property will be sold in as-is condition. Ideally seeking cash offers, see today and make this your new investment property or home!

Last Listed By

John Newland

TerraNova Real Estate License #55028-90 Listed on: 01/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $317

Year Built

  • Built in 1922

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$317

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Directions: 27th St north of Burleight St to Concordia Ave, west to property (no sign)
  • New Construction: No
  • Year Built: 1922
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 2725 W Concordia AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Block, Full
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Shower Over Tub
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 672.00

Exterior Features

  • Exterior Building Type: 1 Story
  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2021
  • Total Taxes: 317.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
On Cash Enterprise Llc
Bought by
Bg3 Investments Llc
Total Days on Market
3
Current Estimated Value
$73,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Outstanding Balance
$367,841
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$306,331

Purchase Details

Listed on
Jan 20, 2022
Closed on
Jan 14, 2022
Sold by
Da Drea Properties Llc
Bought by
Empower Investment Llc
Seller's Agent
John Newland
TerraNova Real Estate
Buyer's Agent
Dee Harper
Coldwell Banker Realty
List Price
$24,900
Sold Price
$24,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.31%

Purchase Details

Listed on
Jan 20, 2022
Closed on
Jan 4, 2022
Sold by
Empower Investments Llc
Bought by
On Cash Enterprise Llc7
Seller's Agent
John Newland
TerraNova Real Estate
Buyer's Agent
Dee Harper
Coldwell Banker Realty
List Price
$24,900
Sold Price
$24,900

Purchase Details

Closed on
Dec 29, 2020
Sold by
Da Drea Properties Llc
Bought by
Empower Investments Llc

Purchase Details

Closed on
Nov 15, 2019
Sold by
Drea Daniel A
Bought by
Da Drea Properties Llc

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
Bg3 Investments Llc $25,000 None Listed On Document
Empower Investments Llc $27,000 Land Closing Services, Inc.
Da Drea Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bg3 Investments Llc $371,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $24,900 0.0% $37 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $24,900 -- $37 / 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 $437 $18,500 $2,700 $15,800
2022 $583 $19,300 $2,700 $16,600
2021 $1,115 $14,700 $2,700 $12,000
2020 $310 $14,700 $2,700 $12,000
2019 $273 $18,200 $2,700 $15,500
2018 $404 $18,200 $2,700 $15,500
2017 $431 $18,500 $2,400 $16,100
2016 $467 $18,900 $2,400 $16,500
2015 $474 $18,900 $2,400 $16,500
2014 $618 $21,600 $2,400 $19,200
2013 -- $21,600 $2,400 $19,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Newland

    TerraNova Real Estate

    (414) 852-0921

    3 in this area

    471 Total Sales

    John Newland
    Section Image

  • D

    Buyer's Agent in 2022

    Dee Harper

    Coldwell Banker Realty

See All Agents

Map

Source: Metro MLS

MLS Number: 1777335

Metro MLS

APN: 286-0242-000-2

Wisconsin Milwaukee County Milwaukee 53216 Franklin Heights

2725 W Concordia Ave, Milwaukee, WI

Homes for Sale in Milwaukee, WI

This home is located at 2725 W Concordia Ave, Milwaukee, WI 53216 since 20 January 2022 and is currently estimated at $73,552, approximately $109 per square foot. This property was built in 1922. 2725 W Concordia Ave is a home located in Milwaukee County with nearby schools including Auer Avenue Elementary School, Craig Montessori School, and Milwaukee German Immersion School.

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