NOT LISTED FOR SALE

Estimated Value: $70,851

6 Beds
2 Baths
2,382 Sq Ft
$30/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $10,125 $4 Per Sq Ft

Est. 600% increase in value since last sale

Current estimated payment $447/month

63 Days on Market

About This Home

As of October 2021

This spacious 3/3 duplex is being offered by the City of Milwaukee to both owner occupant and investor purchasers. This home has great income generating potential and low maintenance exterior. Make this home your today! Room sizes have been estimated**Scope of Work is in MLS Documents and is named ''Seller's Condition''- Essential Repairs are estimated at $55,055**

Last Agent to Sell the Property

Jason Fernhaber

Jason Scott Realty & Management, LLC License #52084-90 Listed on: 07/16/2021

Last Buyer's Agent

Misti Henry

Jason Scott Realty & Management, LLC License #61677-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,382 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1901
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2948 N 12th St #2950
  • Lot Acreage: 0.06
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2382.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None

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
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2015
  • Total Taxes: 611.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 19, 2021
Sold by
City Of Milwaukee
Bought by
Milw Rentals Llc
Seller's Agent
Jason Fernhaber
Jason Scott Realty & Management, LLC
Buyer's Agent
Misti Henry
Jason Scott Realty & Management, LLC
List Price
$10,125
Sold Price
$10,125
Current Estimated Value
$70,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,726

Purchase Details

Closed on
Jun 2, 2015
Sold by
Watts Vickie
Bought by
Gaines Darin

Purchase Details

Closed on
Apr 25, 2011
Sold by
Bank United
Bought by
Watts Vickie V

Purchase Details

Closed on
Jan 6, 2011
Sold by
Ergo Llc
Bought by
Bankunited

Purchase Details

Closed on
May 3, 2006
Sold by
Wells Fargo Bank Na
Bought by
Ergo Llc

Purchase Details

Closed on
Dec 27, 2005
Sold by
Riley Robert
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 27, 2002
Sold by
Watkins Charlotte
Bought by
Riley Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,276
Interest Rate
8.99%

Purchase Details

Closed on
Mar 14, 2001
Sold by
City Of Milwaukee
Bought by
Watkins Charlotte
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
Milw Rentals Llc -- None Available
Gaines Darin $10,000 None Available
Watts Vickie V $7,500 None Available
Bankunited -- None Available
Ergo Llc $16,000 None Available
Wells Fargo Bank Na -- None Available
Riley Robert $28,600 National Title & Closing Ser
Watkins Charlotte $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riley Robert $24,276
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $10,125 0.0% $4 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $10,125 -- $4 / 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
2021 $0 $23,600 $2,000 $21,600
2020 $0 $23,600 $2,000 $21,600
2019 $0 $0 $0 $0
2018 $0 $23,600 $2,000 $21,600
2017 $0 $23,600 $2,000 $21,600
2016 $0 $23,600 $2,000 $21,600
2015 -- $23,600 $2,000 $21,600
2014 -- $25,100 $2,000 $23,100
2013 -- $26,500 $2,000 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1752753

Metro MLS

APN: 312-2520-000-1