NOT LISTED FOR SALE

3222 N Richards St Unit 3224 Milwaukee, WI 53212

Harambee Neighborhood

Estimated Value: $73,000 - $202,000

5 Beds
2 Baths
2,280 Sq Ft
$50/Sq Ft Est. Value

Last Sold February 28, 2021

Last sale price $62,500 $27 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $704/month

6 Days on Market

About This Home

As of February 2021

Don't miss this investment opportunity in Milwaukee's Harambee Neighborhood. This 2/3 Duplex has expansive living spaces and close proximity to everything Milwaukee has to offer.

Last Agent to Sell the Property

Tyler Kristopeit

Worth Realty Brokerage Phone: 414-963-1600 License #77301-94 Listed on: 01/28/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants' Personal Effects
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Locust St to north on Richards. Property will be on the east side of the street.
  • New Construction: No
  • Year Built: 1898
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3222 N Richards STREET #3224
  • Lot Acreage: 0.09
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 2280.00

Exterior Features

  • Exclusions: Tenants' Personal Effects
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • 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: Two Family Res
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 1834.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Feb 18, 2021
Sold by
Kc Homes Llc
Bought by
Residential Properties Resources Llc
Seller's Agent
Tyler Kristopeit
Worth Realty
List Price
$62,500
Sold Price
$62,500
Current Estimated Value
$107,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,300
Avg. Annual Appreciation
14.67%
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 28, 2021
Closed on
Jan 25, 2021
Sold by
Wade Wilbert
Bought by
Kc Homes Llc
Seller's Agent
Tyler Kristopeit
Worth Realty
List Price
$62,500
Sold Price
$62,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 1998
Sold by
Wade Carolyn and Daugherty Carolyn
Bought by
Wade Wilbert
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
Residential Properties Resources Llc $60,000 None Available
Kc Homes Llc $40,000 None Available
Wade Wilbert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Residential Properties Resourc $428,000
Closed Residential Properties Resourc $100,000
Closed Residential Prop Resources Opz Fund I Ll $100,000
Previous Owner Kc Homes Llc $42,000
Previous Owner Wade Wilbert $14,585
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2021 02/28/21 Sold $62,500 0.0% $27 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $62,500 -- $27 / 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 $3,503 $58,700 $7,200 $51,500
2023 $1,304 $55,200 $7,200 $48,000
2022 $1,099 $55,200 $7,200 $48,000
2021 $1,318 $57,000 $7,300 $49,700
2020 $1,834 $57,000 $7,300 $49,700
2019 $3,235 $32,000 $2,900 $29,100
2018 $5,079 $32,000 $2,900 $29,100
2017 $5,363 $32,000 $2,600 $29,400
2016 $3,084 $31,700 $2,600 $29,100
2015 -- $31,700 $2,600 $29,100
2014 -- $34,700 $2,600 $32,100
2013 -- $36,500 $2,600 $33,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1725457

Metro MLS

APN: 281-1404-000-4