NOT LISTED FOR SALE

2912 S Chicago Ave South Milwaukee, WI 53172

Drexel Highlands Neighborhood

Estimated Value: $174,000 - $249,000

-- Bed
-- Bath
1,546 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $150,000 $97 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,247/month

2 Days on Market

About This Home

As of February 2024

Attention investors, landlords and savvy home buyers! GREAT Opportunity to buy a 2/2 duplex in South Milwaukee! The lower unit has an open floor plan featuring a living room, dining room and eat-in kitchen. Includes stainless steel appliances. Upper is in rougher shape and features a spacious kitchen waiting for your ideas! Both units will need work to get them rent ready. 2 CAR DETACHED GARAGE! Newer roof and one newer furnace! SEPARATE UTILITIES are a plus! Bona fide CASH OFFERS, ONLY! THIS IS AN AS-IS SALE - NO EXCEPTIONS! ALL ITEMS CURRENTLY IN HOME & ON PROPERTY ARE INCLUDED in sale!

Last Agent to Sell the Property

Rudy Gudgeon

O'Bryon Realty License #79833-94 Listed on: 02/08/2024

Last Buyer's Agent

Mario Papadhopulli

EXP Realty LLC-West Allis License #83714-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1905

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Steel Siding
  • Aluminum Trim

Interior Spaces

  • 1,546 Sq Ft Home
  • 2-Story Property

Basement

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

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,530

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: ALL ITEMS CURRENTLY IN HOME & ON PROPERTY ARE INCLUDED. ''Seller will have the option to remove items prior to closing. Any personal items left in/on the property after closing have no value and will be removed by buyer at the buyer's expense''. PLEASE STRIKE lines 483-485 on WB-11.
  • Directions: Drexel Blvd. east to S. Chicago Ave.Park on Mackinac Ave.
  • New Construction: No
  • Year Built: 1905
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2912 S Chicago AVENUE
  • Lot Acreage: 0.08
  • 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: 1546.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Aluminum Trim, Steel

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 1 Electric Meter, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • High School: South Milwaukee
  • Junior High Dist: South Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Total Taxes: 2530.0

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Feb 20, 2024
Sold by
Megna Michael J
Bought by
Goga Ervin
Seller's Agent
Rudy Gudgeon
O'Bryon Realty
Buyer's Agent
Mario Papadhopulli
EXP Realty LLC-West Allis
List Price
$125,000
Sold Price
$150,000
Premium/Discount to List
$25,000
20%
Views
121
Current Estimated Value
$214,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,665
Avg. Annual Appreciation
23.94%

Purchase Details

Closed on
Dec 5, 2018
Sold by
Megna Mary J
Bought by
Megna Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.8%
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 Buyer Sale Price Title Company
Goga Ervin $150,000 None Listed On Document
Megna Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Megna Michael J $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $150,000 +20.0% $97 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $125,000 -- $81 / 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 $1,414 $142,300 $50,400 $91,900
2023 $2,729 $142,300 $50,400 $91,900
2022 $2,765 $142,300 $50,400 $91,900
2021 $2,922 $109,000 $42,000 $67,000
2020 $2,955 $109,000 $42,000 $67,000
2019 $2,887 $109,000 $42,000 $67,000
2018 $3,102 $109,000 $42,000 $67,000
2017 $2,812 $109,000 $42,000 $67,000
2016 $2,689 $109,000 $42,000 $67,000
2015 $2,702 $109,000 $42,000 $67,000
2014 $2,637 $109,000 $42,000 $67,000
2013 $2,891 $109,000 $42,000 $67,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rudy Gudgeon

    O'Bryon Realty

  • M

    Buyer's Agent in 2024

    Mario Papadhopulli

    EXP Realty LLC-West Allis

See All Agents

Map

Source: Metro MLS

MLS Number: 1864092

Metro MLS

APN: 777-0112-000

Wisconsin Milwaukee County South Milwaukee 53172 Drexel Highlands

2912 S Chicago Ave, South Milwaukee, WI

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