NOT LISTED FOR SALE

3123 W Lincoln Ave Milwaukee, WI 53215

Layton Park Neighborhood

Estimated Value: $259,000 - $291,000

9 Beds
3 Baths
3,242 Sq Ft
$85/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $155,000 $48 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,822/month

46 Days on Market

About This Home

As of March 2019

Great opportunity! Don't miss this 3 family home perfect for your next investment property or live in income property. All units are 3bedroom 1 bath with large living and dining rooms. Hard wood flooring, built ins, and crown molding add to the charm of this spacious home. Enjoy the natural light that shines through arched entry ways, spend time on the front porch or one of the two balconies. Full basement with 2008 natural gas boiler and new water heater. 3 car detached garage.

Last Agent to Sell the Property

Angel Fackler

Redefined Realty Advisors LLC Brokerage Phone: 2627325800 License #60009-90 Listed on: 12/26/2018

Last Buyer's Agent

Angel Fackler

Redefined Realty Advisors LLC Brokerage Phone: 2627325800 License #60009-90 Listed on: 12/26/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,585

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,242 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • Operating Expense $6,400
  • Net Operating Income $16,570

Listing and Financial Details

  • Exclusions: Seller and tenant personal property. Basement washer and dryer.
  • Tenant pays for electricity, gas
  • The owner pays for water, heat
  • Assessor Parcel Number 4940705000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,585

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.11
  • Inclusions: None
  • Directions: S Layton Blvd to W Lincoln Ave
  • Attribution Contact: 2627325800
  • Special Features: None

Interior Features

  • Owner Pays: Water, Heat
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Seller and tenant personal property. Basement washer and dryer.
  • Construction Type: Partial-Vinyl, Aluminum, Brick
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Indoor Space, Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 4940705000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Property Net Operating Income: 16570
  • Annual Operating Expense: 6400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Gomez Juan
Bought by
Gomez Juan and Gomez Jose Merced
Current Estimated Value
$274,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,280
Outstanding Balance
$127,358
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$147,305

Purchase Details

Listed on
Dec 26, 2018
Closed on
Mar 29, 2019
Sold by
Ocker Steven J
Bought by
Gomez Juan J
Seller's Agent
Angel Fackler
Redefined Realty Advisors LLC
Buyer's Agent
Angel Fackler
Redefined Realty Advisors LLC
List Price
$174,900
Sold Price
$155,000
Premium/Discount to List
-$19,900
-11.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$141,941
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2000
Sold by
Estate Of Elizabeth Jane Riley
Bought by
Ocker Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
8.05%
Mortgage Type
Commercial
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
Gomez Juan $69,700 Old Republic Title
Gomez Juan J $155,000 None Available
Ocker Steven J $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Juan $139,280
Previous Owner Gomez Juan J $141,941
Previous Owner Ocker Steven J $107,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $155,000 -11.4% $48 / Sq Ft
02/10/2019 02/10/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $174,900 -- $54 / 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 $4,585 $199,000 $6,500 $192,500
2023 $3,975 $168,200 $8,600 $159,600
2022 $4,078 $168,200 $8,600 $159,600
2021 $4,074 $149,800 $8,600 $141,200
2020 $3,845 $149,800 $8,600 $141,200
2019 $2,545 $96,800 $8,700 $88,100
2018 $2,504 $96,800 $8,700 $88,100
2017 $2,395 $88,000 $9,100 $78,900
2016 $2,519 $88,100 $9,100 $79,000
2015 -- $88,100 $9,100 $79,000
2014 -- $92,800 $9,100 $83,700
2013 -- $92,800 $9,100 $83,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Angel Fackler

    Redefined Realty Advisors LLC

    (262) 732-5800

    62 Total Sales

    Angel Fackler
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Map

Source: Metro MLS

MLS Number: 1607190

Metro MLS

APN: 494-0705-000-1

Wisconsin Milwaukee County Milwaukee 53215 Layton Park

3123 W Lincoln Ave, Milwaukee, WI

This home is located at 3123 W Lincoln Ave, Milwaukee, WI 53215 since 26 December 2018 and is currently estimated at $274,663, approximately $84 per square foot. 3123 W Lincoln Ave is a home located in Milwaukee County with nearby schools including Milwaukee Spanish Immersion School - Upper Campus, Milwaukee German Immersion School, and La Escuela Fratney.

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