NOT LISTED FOR SALE

Estimated Value: $463,000 - $534,000

7 Beds
3 Baths
3,204 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $347,500 $108 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,452/month

22 Days on Market

About This Home

As of June 2020

LEGIT/LEGAL 3 UNIT, CASH FLOWING CONSTANTLY. 7 bedroom,3 bath, on site laundry, 2 car garage with a fenced yard.Beautiful built-ins with hardwood floors and outstanding moldings! If this property was any closer, it would be on campus! Collect the rents, or owner occupy and let the rents help with the mortgage payment. Fully leased thru July of this year! Very motivated sellers. Let's go! ''Due to the recommendation of social distancing to prevent the spread of COVID-19, this property will not be shown per the seller's request.''

Last Agent to Sell the Property

Vince Nicols

EXIT Realty HGM Brokerage Email: info@EXITHorizonsWI.com License #44287-94 Listed on: 03/15/2020

EXIT Realty HGM

Last Buyer's Agent

Eric Muller

EXIT Elite Realty License #59140-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,379

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • 3,204 Sq Ft Home
  • Composition Roof
  • Vinyl Siding

Basement

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

Community Details

  • Operating Expense $100
  • Net Operating Income $41,000

Listing and Financial Details

  • Exclusions: Sellers and tenants personal property.
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 2801149000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,379

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.08
  • Inclusions: 3 Stoves, 3 refrigerators, 3 dishwashers, washer, dryer
  • Directions: Oakland to Newport, Newport to Bartlett Ave Property is on the corner.
  • Attribution Contact: info@EXITHorizonsWI.com
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Block, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Sellers and tenants personal property.
  • Construction Type: Vinyl
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Indoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 2801149000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 41000
  • Annual Operating Expense: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2020
Closed on
Jun 5, 2020
Sold by
Smith Mark E and Smith Anne B
Bought by
Gmi Assets 9 Llc
Seller's Agent
Vince Nicols
EXIT Realty HGM
Buyer's Agent
Eric Muller
EXIT Elite Realty
List Price
$390,000
Sold Price
$347,500
Premium/Discount to List
-$42,500
-10.9%
Current Estimated Value
$503,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,099
Avg. Annual Appreciation
7.53%
Original Mortgage
$281,738
Outstanding Balance
$250,840
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$259,771

Purchase Details

Closed on
Jun 27, 2006
Sold by
Jacobson Pedersen Jane
Bought by
Smith Mark E and Smith Anne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gmi Assets 9 Llc $347,500 None Available
Smith Mark E $435,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gmi Assets 9 Llc $281,738
Previous Owner Smith Mark E $326,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $347,500 -10.9% $108 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
03/15/2020 03/15/20 For Sale $390,000 -- $122 / 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 $9,379 $408,100 $72,000 $336,100
2023 $8,320 $352,100 $72,000 $280,100
2022 $8,422 $352,100 $72,000 $280,100
2021 $9,227 $349,900 $56,800 $293,100
2020 $9,183 $349,900 $56,800 $293,100
2019 $8,710 $329,700 $56,800 $272,900
2018 $8,530 $329,700 $56,800 $272,900
2017 $8,177 $299,800 $37,800 $262,000
2016 $8,243 $287,500 $37,800 $249,700
2015 -- $277,800 $37,800 $240,000
2014 -- $268,400 $37,800 $230,600
2013 -- $268,400 $37,800 $230,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1681259

Metro MLS

APN: 280-1149-000-1