NOT LISTED FOR SALE

3161 N 53rd St Unit 3163 Milwaukee, WI 53216

Sunset Heights Neighborhood

Estimated Value: $233,000 - $274,000

4 Beds
2 Baths
2,565 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $253,161 $99 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,723/month

2 Days on Market

About This Home

As of July 2024

This clean, brick 2/2 jumbo duplex is move-in-ready for owner occupants and tenants alike! Tidy units feature handsome refinished hardwood floors and charming faux fireplaces flanked by bookcases in the large living rooms, formal dining rooms with built-in cabinets, and sizeable bedrooms. Upper bedroom offers an airing porch. Each kitchen has updated LVP flooring. Bathrooms feature tiled tub surrounds. The interior is freshly painted for a nice, turn-key property. Separate heat, electric, & gas utilities help in managing the property. A two car garage boasts secure off-street parking, while the adjacent pad offers even more parking. Pick your own tenants & add as an investment property or live in one unit and let the other unit's rent subsidize the mortgage. It's a must see, check it out!

Last Agent to Sell the Property

John Newland

TerraNova Real Estate License #55028-90 Listed on: 06/05/2024

Last Buyer's Agent

Benjamin Mullikin

M3 Realty License #56123-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,131

Year Built

  • Built in 1932

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,565 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller's personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,131

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Burleigh St to 53rd St, north to property (no sign)
  • New Construction: No
  • Year Built: 1932
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3161 N 53rd STREET #3163
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2565.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Brick/Stone, Brick, Partial-Vinyl, Partial-Wood

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
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Total Taxes: 3131.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 11, 2024
Sold by
Lundberg Eric
Bought by
Ardoin Paul and Ardoin Charles
Seller's Agent
John Newland
TerraNova Real Estate
Buyer's Agent
Benjamin Mullikin
M3 Realty
List Price
$224,900
Sold Price
$253,161
Premium/Discount to List
$28,261
12.57%
Views
34
Current Estimated Value
$259,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,720
Avg. Annual Appreciation
0.49%
Original Mortgage
$202,529
Outstanding Balance
$200,997
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$53,659

Purchase Details

Closed on
Jul 31, 2023
Sold by
Lee Donald R and Lee Nelda C
Bought by
Lundberg Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ardoin Paul $253,200 None Listed On Document
Lundberg Eric $180,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ardoin Paul $202,529
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $253,161 +12.6% $99 / Sq Ft
06/05/2024 06/05/24 For Sale $224,900 -- $88 / 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 $4,138 $184,300 $6,900 $177,400
2023 $3,202 $135,500 $6,900 $128,600
2022 $3,153 $135,500 $6,900 $128,600
2021 $3,598 $139,600 $6,900 $132,700
2020 $3,578 $139,600 $6,900 $132,700
2019 $3,344 $117,600 $6,900 $110,700
2018 $2,976 $117,600 $6,900 $110,700
2017 $3,058 $114,700 $6,900 $107,800
2016 $3,194 $113,900 $6,900 $107,000
2015 -- $113,900 $6,900 $107,000
2014 -- $107,300 $6,900 $100,400
2013 -- $107,300 $6,900 $100,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    John Newland

    TerraNova Real Estate

    (414) 852-0921

    7 in this area

    506 Total Sales

    John Newland
    Section Image
  • Benjamin Mullikin

    Buyer's Agent in 2024

    Benjamin Mullikin

    M3 Realty

    (414) 305-5863

    1 in this area

    147 Total Sales

    Benjamin Mullikin
    Section Image
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Map

Source: Metro MLS

MLS Number: 1878287

Metro MLS

APN: 289-1087-000-0

Wisconsin Milwaukee County Milwaukee 53216 Sunset Heights

3161 N 53rd St Unit 3163, Milwaukee, WI

This home is located at 3161 N 53rd St Unit 3163, Milwaukee, WI 53216 since 05 June 2024 and is currently estimated at $259,881, approximately $101 per square foot. This property was built in 1932. 3161 N 53rd St Unit 3163 is a home located in Milwaukee County with nearby schools including Fifty-Third Street School, Milwaukee German Immersion School, and Craig Montessori School.

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