NOT LISTED FOR SALE

2803 N 53rd St Unit 2805 Milwaukee, WI 53210

Saint Joseph Neighborhood

Estimated Value: $140,053 - $178,000

4 Beds
3 Baths
2,628 Sq Ft
$60/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $124,000 $47 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,148/month

71 Days on Market

About This Home

As of March 2024

This is your opportunity to own an all-brick investment property in a prime neighborhood, blending sturdy construction with excellent income potential, capable of generating up to $2,800 in monthly rents. Competitively priced and ready for some improvements, this property is a lucrative opportunity for both first-time and seasoned investors. Its desirable location, combined with its readiness for enhancements, makes it an ideal choice for those seeking to capitalize on a smart, profitable investment.

Last Agent to Sell the Property

D'Antae Powers

EXP Realty LLC-West Allis License #86847-94 Listed on: 12/15/2023

Last Buyer's Agent

Dionne Barnes

Realty Executives Integrity NorthShore License #57087-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,859

Year Built

  • Built in 1927

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,628 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,859

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Anything left behind by the seller
  • New Construction: No
  • Year Built: 1927
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2803 N 53rd STREET #2805
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2628.00

Exterior Features

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

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: 2858.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Mar 8, 2024
Sold by
Dickens Dashawn and Means Brion
Bought by
Phases Unlimited Llc
Seller's Agent
D'Antae Powers
EXP Realty LLC-West Allis
Buyer's Agent
Dionne Barnes
Realty Executives Integrity NorthShore
List Price
$149,900
Sold Price
$124,000
Premium/Discount to List
-$25,900
-17.28%
Total Days on Market
71
Views
104
Current Estimated Value
$157,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,763
Avg. Annual Appreciation
21.43%

Purchase Details

Closed on
Jan 27, 2015
Sold by
Williams Venise
Bought by
Means Brion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 27, 2012
Sold by
The Secretary Of Hud Of Washington D C
Bought by
Means Brion and Williams Venise

Purchase Details

Closed on
Aug 26, 2012
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 24, 2010
Sold by
Bontempo Nancy M
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Aug 27, 2004
Sold by
Angelo Ellen M
Bought by
Bontempo Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,307
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2004
Sold by
Dillon Marjean W
Bought by
Marjean W Dillon Revocable Living Trust

Purchase Details

Closed on
Aug 4, 1997
Sold by
Head Kenneth S and Head Kenneth
Bought by
Dillon Marjean W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
7.56%
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
Phases Unlimited Llc $140,000 None Listed On Document
Means Brion $18,000 None Available
Means Brion -- None Available
The Secretary Of Housing & Urban Develop $197,000 None Available
Bac Home Loans Servicing Lp -- None Available
Bontempo Nancy M $160,100 --
Marjean W Dillon Revocable Living Trust -- --
Dillon Marjean W $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Means Brion $38,000
Previous Owner Dickens Dashawn $20,000
Previous Owner Bontempo Nancy M $183,207
Previous Owner Bontempo Nancy M $171,307
Previous Owner Dillon Marjean W $55,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $124,000 -17.3% $47 / Sq Ft
12/15/2023 12/15/23 For Sale $149,900 -- $57 / 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 $3,150 $133,300 $6,900 $126,400
2022 $4,434 $133,300 $6,900 $126,400
2021 $3,971 $106,700 $6,900 $99,800
2020 $4,224 $106,700 $6,900 $99,800
2019 $4,241 $91,000 $6,900 $84,100
2018 $3,719 $91,000 $6,900 $84,100
2017 $3,692 $87,400 $5,900 $81,500
2016 $3,393 $76,200 $5,900 $70,300
2015 -- $76,200 $5,900 $70,300
2014 -- $84,600 $5,900 $78,700
2013 -- $89,100 $5,900 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1860070

Metro MLS

APN: 306-1261-000-9