NOT LISTED FOR SALE

2961 N 18th St Unit 2961A Milwaukee, WI 53206

North Division Neighborhood

Estimated Value: $94,000 - $133,000

-- Bed
2 Baths
3,800 Sq Ft
$31/Sq Ft Est. Value

About This Home

This one of a kind, spacious duplex is the only investment opportunity available in the Borchert Field that stands out from the rest. This building has had the following essentials replaced in the last five years: Roof, Siding, Concrete around the entire building, Driveway and Patio! Both furnaces and Water Heaters. Each unit features 3 carpeted bedrooms, and 1 bathroom. The upper unit has fresh paint, updated kitchen flooring and original hardwood floors in the living and dining room. An XL Patio and a parking slab next to the garage. The lower unit tenant is on a month to month lease and the upper unit is vacant. Great duplex to live in half while renting out the other space. The possibilities are endless! There is a seperate locked entry to the additional BONUS attic space.

Last Agent to Sell the Property

Frederika Poe

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #86602-94 Listed on: 12/01/2022

Last Buyer's Agent

Mike Schuch

Homestead Realty, Inc License #89879-94

Homestead Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $616

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Jackson Elementary School
  • Roosevelt Middle School
  • North Division Hi 0419 High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and tenants personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$616

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: W. Chambers St to N 18th St. South on N 18th St to address.
  • New Construction: No
  • Year Built: 1900
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2961 N 18th STREET #2961A
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 3800.00

Exterior Features

  • Exclusions: Seller and tenants personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

Schools

  • School District: Milwaukee
  • Elementary School: Jackson
  • Middle School: Roosevelt
  • High School: North Division Hi 0419
  • Elementary School: Jackson
  • High School: North Division Hi 0419
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 616.38

MLS Schools

  • Middle School: Roosevelt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 6, 2023
Sold by
Anderson Barbara and Anderson Connell
Bought by
Wilburn Lucas
Seller's Agent
Frederika Poe
Shorewest Realtors, Inc.
Buyer's Agent
Mike Schuch
Homestead Realty, Inc
List Price
$100,000
Sold Price
$100,000
Views
94
Current Estimated Value
$119,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,505
Avg. Annual Appreciation
6.74%
Original Mortgage
$95,000
Outstanding Balance
$92,003
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$27,502

Purchase Details

Closed on
Nov 25, 2020
Sold by
Brooks Artavia L
Bought by
Anderson Barbara and Anderson Connell

Purchase Details

Closed on
Mar 13, 2017
Sold by
City Of Milwaukee
Bought by
Brooks Artavia L
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
Wilburn Lucas $100,000 --
Anderson Barbara $51,500 None Available
Brooks Artavia L $3,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilburn Lucas $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2023 03/12/23 Off Market $100,000 -- --
12/01/2022 12/01/22 For Sale $100,000 -- $26 / 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 $1,130 $53,100 $3,600 $49,500
2023 $832 $35,200 $2,800 $32,400
2022 $1,253 $35,200 $2,800 $32,400
2021 $616 $26,100 $2,800 $23,300
2020 $2,247 $26,100 $2,800 $23,300
2019 $1,582 $0 $0 $0
2018 $1,555 $23,000 $2,800 $20,200
2017 $0 $28,800 $2,200 $26,600
2016 $0 $28,800 $2,200 $26,600
2015 $1,886 $28,800 $2,200 $26,600
2014 $2,529 $31,100 $2,200 $28,900
2013 -- $31,100 $2,200 $28,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1819499

Metro MLS

APN: 311-1328-000-2