NOT LISTED FOR SALE

2928 N Buffum St Unit 2928A Milwaukee, WI 53212

Harambee Neighborhood

Estimated Value: $69,000 - $136,000

3 Beds
3 Baths
1,450 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $52,000 $36 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $747/month

86 Days on Market

Highlights

  • 4 Car Detached Garage
  • Golda Meir School Rated A-
  • Asbestos

About This Home

As of November 2023

An excellent investment opportunity awaits you with this two-bedroom property, featuring an efficiency unit and surrounded by new construction. The lower unit has a blocked-off closet door leading to a second bathroom on the first floor and an efficiency unit, which can be restored to create a 2-bed 2-bath unit. The basement has a separate egress entrance and can be included in the house's square footage after renovation. Additionally, the property boasts two newer furnaces, two hot water heaters, a spacious 4-car XL garage, and a fenced backyard. Don't miss out on this exciting chance for a rewarding renovation!

Last Agent to Sell the Property

Jeremy Crouse

Homestead Realty, Inc License #75325-94 Listed on: 07/31/2023

Homestead Realty, Inc

Last Buyer's Agent

Nolan Knopf

Keller Williams Prestige License #88824-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1885

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Duplex
  • Asbestos

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,072

Year Built

Built in 1885

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Multi-Family
  • Directions: North on Buffum from Locust.
  • New Construction: No
  • Year Built: 1885
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2928 N Buffum STREET #2928A
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Dual Entry, Full
  • Second Floor Total Sq Ft: 1450.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Asbestos/Asphalt

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 4 Car
  • Garage Spaces: 4.0

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: RT4 Residentia
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 1071.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Nov 14, 2023
Sold by
Residential Properties Resources Fund Ii
Bought by
Fountainhead Contracting Llc
Seller's Agent
Jeremy Crouse
Homestead Realty, Inc
Buyer's Agent
Nolan Knopf
Keller Williams Prestige
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%
Views
66
Current Estimated Value
$101,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,084
Avg. Annual Appreciation
42.41%
Original Mortgage
$108,500
Outstanding Balance
$106,604
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
-$5,520

Purchase Details

Closed on
Mar 27, 2020
Sold by
Lee Anthony Llc
Bought by
Residential Properties Fund Ii Llc

Purchase Details

Closed on
Oct 29, 2015
Sold by
Sigl James
Bought by
Lee Anthony Llc

Purchase Details

Closed on
Feb 26, 2010
Sold by
Sigl Christopher
Bought by
Sigl James

Purchase Details

Closed on
Nov 2, 2007
Sold by
Sigl James
Bought by
Sigl James and Sigl Christopher
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
Fountainhead Contracting Llc $52,500 None Listed On Document
Residential Properties Fund Ii Llc $39,900 Merit Title
Lee Anthony Llc $17,000 None Available
Sigl James $20,000 None Available
Sigl James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fountainhead Contracting Llc $108,500
Closed Residential Properties Fund Ii Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $52,000 -13.2% $36 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $59,900 -- $41 / 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 $2,527 $53,400 $9,800 $43,600
2023 $1,137 $48,100 $9,800 $38,300
2022 $1,190 $48,100 $9,800 $38,300
2021 $1,405 $52,300 $9,800 $42,500
2020 $1,394 $52,300 $9,800 $42,500
2019 $2,542 $26,700 $3,300 $23,400
2018 $2,468 $26,700 $3,300 $23,400
2017 $2,735 $26,700 $3,000 $23,700
2016 $1,922 $26,500 $3,000 $23,500
2015 $860 $30,000 $3,000 $27,000
2014 $879 $32,000 $3,000 $29,000
2013 -- $33,700 $3,000 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1844667

Metro MLS

APN: 314-0988-000-5