NOT LISTED FOR SALE

2940 N 50th St Unit 2942 Milwaukee, WI 53210

Saint Joseph Neighborhood

Estimated Value: $170,000 - $315,071

6 Beds
2 Baths
2,638 Sq Ft
$95/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $280,000 $106 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,607/month

3 Days on Market

Highlights

  • 3 Car Detached Garage
  • Golda Meir School Rated A-
  • Bathroom on Main Level

About This Home

As of July 2024

This massive 3/3 duplex with in-unit laundry & 3c garage will knock your socks off! Located just steps from the hospital, it would make a great mid-term rental for traveling nurses! Boasting HWF throughout, beautiful built-ins, original woodwork, & laundry room in-units! This property is sure to impress with it's bungalow style charm & lots of modern updates including new furnaces, water heaters, windows in upper, fixtures, kitchens & bathrooms. With everything this property offers, there is a rare opportunity to stand out from other rentals in the area & get premium rents between $1,600-1,800 or even more as a mid-term rental for traveling nurses. Could even rent out the garage as storage unit & collect even more cashflow! Ding dong, It's opportunity knocking! Owner-occ & live for free!

Last Agent to Sell the Property

Matt Lodwick

Homestead Realty, Inc License #89558-94 Listed on: 06/25/2024

Homestead Realty, Inc

Last Buyer's Agent

Medina Real Estate Team*

Keller Williams Realty-Milwaukee Southwest License #78624-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,509

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • Bathroom on Main Level
  • 2,638 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,509

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1924
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2940 N 50th STREET #2942
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Bathroom Description: Half on Lower
  • Second Floor Total Sq Ft: 2638.00

Exterior Features

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

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 3 Car
  • Garage Spaces: 3.0

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: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 2509.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jul 26, 2024
Sold by
Spotlight Property Solutions Llc
Bought by
Arenas Ana M and Facio Silvia
Seller's Agent
Matt Lodwick
Homestead Realty, Inc
Buyer's Agent
Medina Real Estate Team*
Keller Williams Realty-Milwaukee Southwest
List Price
$264,900
Sold Price
$280,000
Premium/Discount to List
$15,100
5.7%
Views
37
Current Estimated Value
$251,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,732
Avg. Annual Appreciation
-8.77%
Original Mortgage
$244,000
Outstanding Balance
$241,012
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$10,256

Purchase Details

Listed on
Nov 17, 2023
Closed on
Jan 29, 2024
Sold by
Harrell Schvonda A and Harrell Genesia A
Bought by
Spotlight Property Solutions L
Seller's Agent
Laura Moldenhauer
Homestead Realty, Inc
Buyer's Agent
Laura Moldenhauer
Homestead Realty, Inc
List Price
$50,000
Sold Price
$83,000
Premium/Discount to List
$33,000
66%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1159.41%
Original Mortgage
$150,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2022
Sold by
Harrell Venard
Bought by
Harrell Venard and Harrell Schvonda A

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 9, 2021
Sold by
Bates Tino and Bates Danielle Person
Bought by
Harrell Venard
Seller's Agent
Suzanne Powers Realty Group*
Powers Realty Group
Buyer's Agent
Jennifer Williams
Realty Executives Integrity~Brookfield
List Price
$153,000
Sold Price
$153,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%
Original Mortgage
$147,893
Interest Rate
3.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2008
Sold by
Bank Of New York
Bought by
Bates Tino and Bates Danielle Person

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,620
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2008
Sold by
Lewicki Dan
Bought by
Bank Of New York and Certificateholders Cwabs Inc Asset Backe

Purchase Details

Closed on
Dec 16, 2005
Sold by
Motto Greg D and Brodbeck Mary F
Bought by
Lewicki Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 1997
Sold by
Merten Walter L and Merten Grace M
Bought by
Motto Greg D and Brodbeck Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,120
Interest Rate
7.87%
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
Arenas Ana M $280,000 None Listed On Document
Spotlight Property Solutions L $83,000 None Listed On Document
Harrell Venard $10,000 None Listed On Document
Harrell Venard $153,000 None Listed On Document
Bates Tino $85,700 None Available
Bank Of New York $75,650 None Available
Lewicki Daniel R $133,000 Reliance Title Services Llc
Motto Greg D $58,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arenas Ana M $244,000
Previous Owner Spotlight Property Solutions L $150,000
Previous Owner Harrell Venard $147,893
Previous Owner Bates Tino $82,620
Previous Owner Lewicki Daniel R $106,400
Previous Owner Motto Greg D $47,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $280,000 +5.7% $106 / Sq Ft
06/25/2024 06/25/24 For Sale $264,900 +219.2% $100 / Sq Ft
01/31/2024 01/31/24 Sold $83,000 0.0% $31 / Sq Ft
12/15/2023 12/15/23 Price Changed $83,000 +66.0% $31 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $50,000 -67.3% $19 / Sq Ft
11/09/2021 11/09/21 Sold $153,000 0.0% $58 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $153,000 -- $58 / 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 $3,303 $143,500 $7,200 $136,300
2023 $2,580 $109,200 $7,200 $102,000
2022 $2,627 $109,200 $7,200 $102,000
2021 $2,358 $88,600 $7,200 $81,400
2020 $2,389 $88,600 $7,200 $81,400
2019 $1,911 $67,000 $7,200 $59,800
2018 $1,767 $67,000 $7,200 $59,800
2017 $1,689 $60,900 $6,000 $54,900
2016 $1,781 $61,200 $6,000 $55,200
2015 -- $64,400 $6,000 $58,400
2014 -- $71,600 $6,000 $65,600
2013 -- $79,500 $6,000 $73,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matt Lodwick

    Homestead Realty, Inc

    (414) 246-8227

    1 in this area

    2 Total Sales

    Matt Lodwick
    Section Image

  • L

    Seller's Agent in 2024

    Laura Moldenhauer

    Homestead Realty, Inc

    (262) 227-0725

    1 in this area

    50 Total Sales

    Laura Moldenhauer
    Section Image

  • M

    Buyer's Agent in 2024

    Medina Real Estate Team*

    Keller Williams Realty-Milwaukee Southwest

  • Suzanne Powers Realty Group*

    Seller's Agent in 2021

    Suzanne Powers Realty Group*

    Powers Realty Group

    (414) 870-7175

    3 in this area

    1,069 Total Sales

    Suzanne Powers Realty Group*
    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Williams

    Realty Executives Integrity~Brookfield

    (414) 369-2858

    1 in this area

    2 Total Sales

    Jennifer Williams
    Section Image
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Map

Source: Metro MLS

MLS Number: 1880933

Metro MLS

APN: 307-0432-000-7

Wisconsin Milwaukee County Milwaukee 53210 Saint Joseph

2940 N 50th St Unit 2942, Milwaukee, WI

This home is located at 2940 N 50th St Unit 2942, Milwaukee, WI 53210 since 25 June 2024 and is currently estimated at $251,268, approximately $95 per square foot. This property was built in 1924. 2940 N 50th St Unit 2942 is a home located in Milwaukee County with nearby schools including Milwaukee German Immersion School, Craig Montessori School, and La Escuela Fratney.

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