NOT LISTED FOR SALE

Estimated Value: $64,000 - $111,000

2 Beds
1 Bath
718 Sq Ft
$119/Sq Ft Est. Value

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating System
  • Golda Meir School Rated A-

About This Home

Start earning that CASH FLOW with this 2 bed 1 bath home in the Harambee neighborhood. Keep it as a cash flowing rental or put a little sweat equity into an up and coming area. Property currently has a long-term renter on a month to month lease paying $850/month. Property is fenced in, has a detached garage and includes a newer furnace. A great investment whereyou can sit back and start earning that income so come check it out today!

Last Agent to Sell the Property

Brian Redlich

Real Broker LLC License #72270-94 Listed on: 02/01/2023

Last Buyer's Agent

Nolan Knopf

Keller Williams Prestige License #88824-94

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1875

Lot Details

  • 2,614

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 718 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 2,614 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Exclusions: Tenant's Personal Property.
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 1875

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Directions: N Dr. Martin Luther King Drive to W Ring St. East on W Ring St to address.
  • New Construction: No
  • Year Built: 1875
  • Cleared Acreage: Less than 1/2
  • Architecture: Other, Ranch
  • Full Street Address: 317 W Ring STREET
  • Kitchen Level: Main
  • Lot Acreage: 0.06
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 718.00

Exterior Features

  • Exclusions: Tenant's Personal Property.
  • Exterior Building Type: 1 Story
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 1 Car
  • Garage Spaces: 1.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Total Taxes: 2116.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Jun 22, 2023
Sold by
Sorah Andrew Nelson
Bought by
Fountainhead Contracting Llc
Seller's Agent
Brian Redlich
Real Broker LLC
Buyer's Agent
Nolan Knopf
Keller Williams Prestige
List Price
$50,000
Sold Price
$50,000
Views
110
Current Estimated Value
$85,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,774
Avg. Annual Appreciation
26.58%
Original Mortgage
$68,250
Outstanding Balance
$66,412
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$19,362

Purchase Details

Closed on
Sep 8, 2021
Sold by
Bosses Sports Bar And Grill Llc
Bought by
Sorah Andrew Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,009
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2015
Sold by
City Of Milwaukee
Bought by
Bosses Sports Bar And Grill Llc
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
Fountainhead Contracting Llc $50,000 None Listed On Document
Sorah Andrew Nelson $55,000 None Available
Bosses Sports Bar And Grill Llc $3,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fountainhead Contracting Llc $68,250
Previous Owner Sorah Andrew Nelson $44,009
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2023 06/25/23 Off Market $50,000 -- --
02/01/2023 02/01/23 For Sale $50,000 -- $70 / 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 $2,660 $49,100 $5,500 $43,600
2023 $1,186 $50,200 $5,500 $44,700
2022 $2,117 $50,200 $5,500 $44,700
2021 $404 $16,100 $5,000 $11,100
2020 $396 $16,100 $5,000 $11,100
2019 $287 $10,700 $2,600 $8,100
2018 $1,449 $10,700 $2,600 $8,100
2017 $1,337 $10,700 $2,300 $8,400
2016 $1,654 $10,100 $2,300 $7,800
2015 -- $11,200 $2,300 $8,900
2014 $255 $11,200 $2,300 $8,900
2013 -- $11,800 $2,300 $9,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1823626

Metro MLS

APN: 282-1614-000-3