NOT LISTED FOR SALE

2917 N Richards St Unit 2919 Milwaukee, WI 53212

Harambee Neighborhood

Estimated Value: $146,854 - $168,000

6 Beds
2 Baths
3,418 Sq Ft
$47/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $120,000 $35 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,094/month

60 Days on Market

About This Home

As of December 2021

Attention seasoned INVESTORS and HOUSEHACKERS alike! This massive duplex has huge room sizes, tall ceilings, and was well built. Gret for an owner-occupancy or rent out the entire thing! Property boasts not only spacious units but also opportunity in a large clean attic and a full basement. This jumbo duplex has newer mechanicals and has had extensive repairs done within the past year! Convenient freeway access in the Harambee neighborhood. Lower tenant is leaving June 1st, upper pays $950/mo. A little TLC is needed here and there, but this is a solid property.

Last Agent to Sell the Property

Erica Winship

Premier Point Realty LLC License #59189-90 Listed on: 03/20/2023

Last Buyer's Agent

Houseworks Collective Team*

Keller Williams Realty-Milwaukee North Shore

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,812

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts an alley

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,418 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant personal property
  • Tenant pays for electricity, heat, gas
  • The owner pays for water
  • Assessor Parcel Number 3131824000

Property Details

Property Type

Other

Est. Annual Taxes

$2,812

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.17
  • Inclusions: 1 refrigerator (lower), 2 oven/range
  • Contingent: 2023-05-19
  • Directions: North on I-43, exit Locust St, left on Richards St
  • Property Information:Est Total Sq Ft: 3418
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Has Basement: Full

Exterior Features

  • Exclusions: Tenant personal property
  • Construction Type: Vinyl

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Parking Features: Alley Entrance
  • Garage Type: None

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 3131824000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2812
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Jul 31, 2023
Sold by
Gieske Ronit and Gieske Christopher
Bought by
Mke - 2917 N Richards St Llc
Seller's Agent
Erica Winship
Premier Point Realty LLC
Buyer's Agent
Houseworks Collective Team*
Keller Williams Realty-Milwaukee North Shore
List Price
$149,000
Sold Price
$128,000
Premium/Discount to List
-$21,000
-14.09%
Views
87
Current Estimated Value
$159,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,714
Avg. Annual Appreciation
9.97%

Purchase Details

Listed on
Oct 19, 2021
Closed on
Jan 20, 2022
Sold by
Jemma Jacques
Bought by
Abundant Investment Llc
Seller's Agent
Jason Fernhaber
Jason Scott Realty & Management, LLC
Buyer's Agent
Erica Winship
Premier Point Realty LLC
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$90,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 30, 2021
Sold by
Jacques Jemma Jacques A and Jacques K
Bought by
Abundant Investment Llc
Seller's Agent
Jason Fernhaber
Jason Scott Realty & Management, LLC
Buyer's Agent
Erica Winship
Premier Point Realty LLC
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 9, 2021
Sold by
Te I L L C
Bought by
Jacques Jemma
Seller's Agent
Jason Fernhaber
Jason Scott Realty & Management, LLC
Buyer's Agent
Erica Winship
Premier Point Realty LLC
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2008
Sold by
Villa Services Llc
Bought by
Te I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,912
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Villa Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,912
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2008
Sold by
Miicke James G
Bought by
Deutsche Bank National Trust Co and Certificateholders Of Soundview Home Loa

Purchase Details

Closed on
Mar 27, 2006
Sold by
Honey Properties Llc
Bought by
Miicke James and Miicke Shiela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
10.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 6, 2005
Sold by
Jj Properties Of Milwaukee Llc
Bought by
Honey 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
$192,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
Hegeman Jordan
Bought by
Jj Properties Of Milwaukee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,600
Interest Rate
5.64%
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
Mke - 2917 N Richards St Llc -- None Listed On Document
Abundant Investment Llc -- None Listed On Document
Abundant Investment Llc $300,000 Land Closing Services/Kl
Jacques Jemma $120,000 None Listed On Document
Te I Llc $27,200 None Available
Villa Services Llc -- None Available
Deutsche Bank National Trust Co -- None Available
Miicke James -- None Available
Honey Properties Llc -- --
Jj Properties Of Milwaukee Llc -- --
Hegeman Jordon $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacques Jemma $90,000
Previous Owner Te I Llc $64,912
Previous Owner Miicke James $138,600
Previous Owner Honey Properties Llc $192,000
Previous Owner Hegeman Jordon $21,600
Previous Owner Jj Properties Of Milwaukee Llc $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2023 06/11/23 Off Market $140,000 -- --
04/14/2023 04/14/23 Price Changed $140,000 -6.0% $41 / Sq Ft
03/20/2023 03/20/23 For Sale $149,000 +24.2% $44 / Sq Ft
12/17/2021 12/17/21 Sold $120,000 0.0% $35 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $120,000 -- $35 / 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 $2,962 $123,300 $10,500 $112,800
2023 $2,732 $115,600 $10,500 $105,100
2022 $2,825 $115,600 $10,500 $105,100
2021 $3,050 $109,700 $10,500 $99,200
2020 $2,473 $76,200 $10,500 $65,700
2019 $858 $28,800 $3,600 $25,200
2018 $838 $28,800 $3,600 $25,200
2017 $812 $28,800 $3,300 $25,500
2016 $745 $28,600 $3,300 $25,300
2015 -- $27,900 $3,300 $24,600
2014 -- $29,800 $3,300 $26,500
2013 -- $31,400 $3,300 $28,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1827787

Metro MLS

APN: 313-1824-000-3