$295,000
SOLD JUL 30, 2024

2825 S 48th St Unit 2823 Milwaukee, WI 53219

Jackson Park Neighborhood
-- Bed
-- Bath
2,180 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

5% Below List Price

16 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Bathroom on Main Level
  • 4-minute walk to Manitoba Park
  • Golda Meir School Rated A-

About This Home

As of July 2024

There is never a shortage of tenants for this Jackson Park duplex! The owner has consistently maintained full occupancy, with only one unit currently vacant for easy viewing and for easy owner occupancy. Each unit is generously sized, featuring 3 bedrooms and separate utilities. The lower unit boasts a 3-season room, while the upper unit offers hardwood floors throughout. Additionally, there is a 2-car garage with storage space, and a parking slab available. Separate hookups for washer and dryers.

Last Agent to Sell the Property

Sarah Steelman

Lannon Stone Realty LLC License #59494-90 Listed on: 06/07/2024

Last Buyer's Agent

Eloy Feliz Mendez

Coldwell Banker Realty License #90673-94

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,132

Year Built

  • Built in 1963

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Bathroom on Main Level
  • 2,180 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,132

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 oven/ranges, 2 refrigerators. Oven/range for lower will either be in the unit or in the garage.
  • Directions: From Cleveland, south on S 48th St.
  • New Construction: No
  • Year Built: 1963
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2825 S 48th STREET #2823
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Bathroom Description: Full on Lower
  • Second Floor Total Sq Ft: 2180.00

Exterior Features

  • Exclusions: Tenants personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.5
  • 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: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 5132.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 30, 2024
Sold by
Schubel John
Bought by
Mendez Eloy and Feliz-Mendez Eloy
Seller's Agent
Sarah Steelman
Lannon Stone Realty LLC
Buyer's Agent
Eloy Feliz Mendez
Coldwell Banker Realty
List Price
$309,900
Sold Price
$295,000
Premium/Discount to List
-$14,900
-4.81%
Total Days on Market
16
Views
50
Current Estimated Value
$253,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,559
Avg. Annual Appreciation
-16.54%
Original Mortgage
$250,750
Outstanding Balance
$249,029
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$4,412

Purchase Details

Closed on
Oct 10, 2012
Sold by
Marin Jose Diaz and De Diaz Ofelia Luna
Bought by
Schubel John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,250
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2004
Sold by
Foster Clarence E
Bought by
Marin Jose Diaz and Dediaz Ofelia Luna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,700
Interest Rate
5.81%
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 Type Sale Price Title Company
Warranty Deed $295,000 None Listed On Document
Warranty Deed $131,800 None Available
Warranty Deed $205,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,750 New Conventional
Previous Owner $123,200 New Conventional
Previous Owner $112,250 New Conventional
Previous Owner $194,088 FHA
Previous Owner $192,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $295,000 -1.6% $135 / Sq Ft
06/21/2024 06/21/24 Price Changed $299,900 -3.2% $138 / Sq Ft
06/07/2024 06/07/24 For Sale $309,900 -- $142 / 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 $5,385 $227,900 $30,200 $197,700
2022 $5,195 $227,900 $30,200 $197,700
2021 $4,964 $198,200 $30,200 $168,000
2020 $4,928 $198,200 $30,200 $168,000
2019 $4,641 $186,500 $30,300 $156,200
2018 $4,596 $186,500 $30,300 $156,200
2017 $4,514 $172,800 $23,100 $149,700
2016 $4,573 $166,900 $23,100 $143,800
2015 $5,161 $166,900 $23,100 $143,800
2014 $4,786 $166,900 $23,100 $143,800
2013 -- $166,900 $23,100 $143,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1878592

Metro MLS

APN: 512-0483-000-6