NOT LISTED FOR SALE

2800 W Lincoln Ave Unit 2802 Milwaukee, WI 53215

Layton Park Neighborhood

Estimated Value: $125,946

4 Beds
-- Bath
5,090 Sq Ft
$25/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $250,000 $49 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $792/month

267 Days on Market

About This Home

As of January 2021

Don't miss out on your chance to own this Brick 2 unit mix used commercial building located in the LBWN neighborhood. Live in one unit and rent or run your business out of the lower. Lower tenant pays $2,000 plus half of property taxes. Upper has potential to be rented for over $1,000. Lower unit features a large retail bakery with approx 2,800 sq ft, attached 1 car garage,outdoor sitting area, baking room, prep room and retail store front with all equipment included! Upper unit is a large 2,000 sq ft+ residential unit featuring 3 bedrooms, office, formal dining room, living room, sun room and a roof top patio. Tons of character upstairs with hardwood floors, crown molding,dual sink vanity,gas fireplace, leaded stained glass and appliances included!

Last Agent to Sell the Property

Daniel Balderas

Modern MilwauKey Real Estate LLC License #57920-90 Listed on: 04/25/2020

Last Buyer's Agent

Anna Beckerleg

Riverwest Realty Milwaukee License #91924-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,356

Year Built

  • Built in 1922

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 5,090 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,356

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Corner of 28th and Lincoln Ave
  • New Construction: No
  • Year Built: 1922
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2800 W Lincoln AVENUE #2802
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 5090.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: None, 1 Car
  • Garage Spaces: 1.0

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: LB2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2019
  • Total Taxes: 4355.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Sugar Pine Investments Llc
Bought by
Ggn Rei Llc
Current Estimated Value
$125,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$487,702
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2020
Closed on
Jan 22, 2021
Sold by
Wild Flour Llc
Bought by
Sugar Pine Investments Llc
Seller's Agent
Daniel Balderas
Modern MilwauKey Real Estate LLC
Buyer's Agent
Anna Beckerleg
Riverwest Realty Milwaukee
List Price
$250,000
Sold Price
$250,000

Purchase Details

Closed on
Nov 21, 2000
Sold by
Investment 2800 Llc
Bought by
Wild Flour Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 1998
Sold by
Papas Nick E and Papas Angeline N
Bought by
Investment 2800 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.83%
Mortgage Type
Commercial
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
Ggn Rei Llc $655,000 None Listed On Document
Sugar Pine Investments Llc $250,000 None Available
Wild Flour Llc $154,900 Priority Title Corporation
Investment 2800 Llc $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ggn Rei Llc $510,000
Previous Owner Wild Flour Llc $152,000
Previous Owner Investment 2800 Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $250,000 0.0% $49 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
04/25/2020 04/25/20 For Sale $250,000 -- $49 / 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 $4,610 $198,300 $10,400 $187,900
2023 $3,878 $164,100 $10,400 $153,700
2022 $4,301 $164,100 $10,400 $153,700
2021 $4,397 $164,100 $10,400 $153,700
2020 $4,295 $164,100 $10,400 $153,700
2019 $6,154 $170,800 $13,800 $157,000
2018 $5,320 $170,800 $13,800 $157,000
2017 $8,421 $167,500 $10,400 $157,100
2016 $9,229 $160,800 $10,000 $150,800
2015 -- $161,900 $10,100 $151,800
2014 -- $160,200 $10,000 $150,200
2013 -- $154,800 $10,000 $144,800
Source: Public Records

Agents Affiliated with this Home

  • Daniel Balderas

    Seller's Agent in 2021

    Daniel Balderas

    Modern MilwauKey Real Estate LLC

    (414) 202-5715

    4 in this area

    105 Total Sales

    Daniel Balderas
    Section Image

  • A

    Buyer's Agent in 2021

    Anna Beckerleg

    Riverwest Realty Milwaukee

See All Agents

Map

Source: Metro MLS

MLS Number: 1686196

Metro MLS

APN: 471-1225-000-6

Wisconsin Milwaukee County Milwaukee 53215 Layton Park

2800 W Lincoln Ave Unit 2802, Milwaukee, WI

This home is located at 2800 W Lincoln Ave Unit 2802, Milwaukee, WI 53215 since 25 April 2020 and is currently priced at $125,946, approximately $24 per square foot. This property was built in 1922. 2800 W Lincoln Ave Unit 2802 is a home located in Milwaukee County with nearby schools including Milwaukee Spanish Immersion School - Upper Campus, La Escuela Fratney, and Milwaukee German Immersion School.

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