$70,000
SOLD MAR 24, 2025

2840 N Vel R Phillips Ave Milwaukee, WI 53212

Harambee Neighborhood
-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Recently Sold

65% Below List Price

117 Days on Market

About This Home

As of May 2025

Welcome to 2840 N Vel R. Phillips, a fantastic multi-unit property in the heart of Milwaukee! This property offers an excellent investment opportunity or a perfect home for multi-generational living.

Last Agent to Sell the Property

Nata Nash

Prolific Realty Group License #84588-94 Listed on: 10/31/2024

Last Buyer's Agent

Hany Kadadha

Epique Realty License #97092-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,734

Home Design

Additional Features

  • Basement Fills Entire Space Under The House
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Tenant pays for electricity, heat, gas
  • The owner pays for water
  • Assessor Parcel Number 3130173000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,734

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.15
  • Directions: East on West Locust, Right on Vel R Phillips to property
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Tenant's personal property
  • Construction Type: Wood

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 6534
  • Parcel #: 3130173000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2025
Closed on
May 30, 2025
Sold by
Dahl Holdings Llc
Bought by
Aig Real Property Llc
Seller's Agent
Abdelrahman Kadadha
Epique Realty
Buyer's Agent
Abdelrahman Kadadha
Epique Realty
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-97.17%

Purchase Details

Listed on
Oct 31, 2024
Closed on
Mar 28, 2025
Sold by
Good Faith Funding Llc
Bought by
Dahl Holdings Llc
Seller's Agent
Nata Nash
Prolific Realty Group
Buyer's Agent
Hany Kadadha
Epique Realty
List Price
$199,900
Sold Price
$70,000
Premium/Discount to List
-$129,900
-64.98%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9775.66%
Original Mortgage
$92,883
Interest Rate
6.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 10, 2024
Sold by
Hampton Estates Llc
Bought by
Good Faith Funding Llc

Purchase Details

Closed on
Dec 1, 2023
Sold by
Wilder Tameka N
Bought by
Hampton Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,667
Interest Rate
7.79%
Mortgage Type
New Conventional
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 $160,000 Merit Title
Warranty Deed $70,000 Town N Country Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $127,000 None Listed On Document
Warranty Deed $55,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $92,883 Seller Take Back
Previous Owner $185,667 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $160,000 -3.0% $107 / Sq Ft
05/13/2025 05/13/25 For Sale $165,000 +135.7% $110 / Sq Ft
03/24/2025 03/24/25 Sold $70,000 -46.2% --
02/25/2025 02/25/25 Pending -- -- --
02/20/2025 02/20/25 Off Market $130,000 -- --
02/07/2025 02/07/25 Price Changed $130,000 -25.7% --
12/09/2024 12/09/24 Price Changed $175,000 -7.4% --
11/26/2024 11/26/24 Price Changed $189,000 -5.5% --
10/31/2024 10/31/24 For Sale $199,900 -- --
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 $1,734 $73,400 $10,300 $63,100
2022 $3,651 $73,400 $10,300 $63,100
2021 $3,190 $62,400 $10,300 $52,100
2020 $2,796 $62,400 $10,300 $52,100
2019 $2,078 $35,500 $3,500 $32,000
2018 $2,301 $35,500 $3,500 $32,000
2017 $2,345 $35,500 $3,200 $32,300
2016 $2,273 $35,300 $3,200 $32,100
2015 $2,274 $34,400 $3,200 $31,200
2014 $2,375 $36,700 $3,200 $33,500
2013 -- $38,700 $3,200 $35,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Abdelrahman Kadadha

    Epique Realty

    (414) 391-4434

    1 in this area

    8 Total Sales

    Abdelrahman Kadadha
    Section Image

  • N

    Seller's Agent in 2025

    Nata Nash

    Prolific Realty Group

    (414) 467-4303

    4 in this area

    55 Total Sales

    Nata Nash
    Section Image

  • H

    Buyer's Agent in 2025

    Hany Kadadha

    Epique Realty

    (414) 231-0019

    1 in this area

    13 Total Sales

    Hany Kadadha
    Section Image
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Map

Source: Metro MLS

MLS Number: 1898070

Metro MLS

APN: 313-0173-000-7

Wisconsin Milwaukee County Milwaukee 53212 Harambee

2840 N Vel R Phillips Ave, Milwaukee, WI

This home is located at 2840 N Vel R Phillips Ave, Milwaukee, WI 53212 and is currently priced at $70,000. 2840 N Vel R Phillips Ave is a home located in Milwaukee County with nearby schools including Dr. Martin Luther King, Jr. School, Craig Montessori School, and Milwaukee German Immersion School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

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