NOT LISTED FOR SALE

2901 N Prospect Ave Unit 2903 Milwaukee, WI 53211

Upper East Side Neighborhood

Estimated Value: $537,365 - $576,000

7 Beds
3 Baths
3,544 Sq Ft
$156/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $395,000 $111 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,080/month

88 Days on Market

About This Home

As of January 2022

Big East side Duplex near Downer Ave. and UWM. Finished 3rd floor has additional income of $875 total income $3975 per month. House has Hardwood Floors, Formal Dining, Natural woodwork, Built-ins and more.2 off street parking space, onsite laundry, new roof in 2009. Fully leased until spring of 2022. Great for Investors. Call to schedule a showing!

Last Agent to Sell the Property

Carole Wehner

Milwaukee Executive Realty, LLC License #44132-90 Listed on: 09/09/2021

Last Buyer's Agent

Kevin Rickstrom

Worth Realty License #50247-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,656

Year Built

  • Built in 1906

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,544 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant and Sellers personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,656

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 stoves, 3 refrigerators, 1 washer, 1 dryer
  • Directions: Located on the NW corner of Locust and Prospect
  • New Construction: No
  • Year Built: 1906
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2901 N Prospect Ave #2903
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 3544.00

Exterior Features

  • Exclusions: Tenant and Sellers personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 8656.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Jan 11, 2022
Sold by
Lilac Propertis Llc
Bought by
2727 Pierce Llc
Seller's Agent
Carole Wehner
Milwaukee Executive Realty, LLC
Buyer's Agent
Kevin Rickstrom
Worth Realty
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$554,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,341
Avg. Annual Appreciation
9.35%
Original Mortgage
$296,250
Outstanding Balance
$273,031
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$281,310

Purchase Details

Closed on
Aug 6, 2009
Sold by
Reilly Kevin and Hopkins Paige
Bought by
Lilac Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2009
Sold by
Ibar Didier H J
Bought by
Reilly Kevin and Hopkins Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 2004
Sold by
Mullett Margery L
Bought by
Ibar Didier H J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
6.1%
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
2727 Pierce Llc $395,000 None Available
Lilac Properties Llc -- None Available
Reilly Kevin $284,000 None Available
Ibar Didier H J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2727 Pierce Llc $296,250
Previous Owner Lilac Properties Llc $245,000
Previous Owner Reilly Kevin $227,200
Previous Owner Ibar Didier H J $200,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $395,000 0.0% $111 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $395,000 -- $111 / 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 $14,130 $406,000 $97,700 $308,300
2023 $7,845 $332,000 $97,700 $234,300
2022 $7,749 $328,500 $97,700 $230,800
2021 $8,699 $330,800 $77,000 $253,800
2020 $8,581 $330,800 $77,000 $253,800
2019 $8,513 $321,800 $77,300 $244,500
2018 $8,259 $321,800 $77,300 $244,500
2017 $8,408 $292,500 $61,600 $230,900
2016 $8,099 $284,800 $61,600 $223,200
2015 -- $284,800 $61,600 $223,200
2014 -- $284,800 $61,600 $223,200
2013 -- $284,800 $61,600 $223,200
Source: Public Records

Agents Affiliated with this Home

  • Carole Wehner

    Seller's Agent in 2022

    Carole Wehner

    Milwaukee Executive Realty, LLC

    (715) 808-3064

    2 in this area

    42 Total Sales

    Carole Wehner
    Section Image

  • K

    Buyer's Agent in 2022

    Kevin Rickstrom

    Worth Realty

    Section Image
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Map

Source: Metro MLS

MLS Number: 1762905

Metro MLS

APN: 316-0446-000-2

Wisconsin Milwaukee County Milwaukee 53211 Upper East Side

2901 N Prospect Ave Unit 2903, Milwaukee, WI

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