NOT LISTED FOR SALE

3642 E Armour Ave Unit 42A Cudahy, WI 53110

Estimated Value: $271,000 - $314,000

6 Beds
2 Baths
1,600 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $215,000 $134 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,933/month

4 Days on Market

About This Home

As of June 2021

Excellent property in a great location only a few blocks from Lake Michigan and a 15 minute drive to downtown Milwaukee. This hard to find 3/3 duplex has good bones and has undergone cosmetic upgrades over the last 8 years. The original hardwood floors in the lower unit were refinished and a beautiful original pocket door is still intact in the front room. The upper unit has new carpeting throughout. AC for the lower unit. Walk up attic in the upper unit provides additional storage and where the 2nd floor furnace is located. The upper unit is vacant and the lower tenant will be moving out at the end of May leaving a great opportunity for a new owner to occupy either unit and have supplemental income coming from the other, or renting out both units for great cash flow as an investment.

Last Agent to Sell the Property

Justin Bohler

North Shore Homes, Inc. License #81661-94 Listed on: 04/29/2021

Last Buyer's Agent

Gerald DeJong

Shorewest Realtors, Inc. License #78806-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1914

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Cudahy Middle School
  • Cudahy High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: tenants personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,392

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 ranges, 2 refrigerators, 2 washers, 2 dryers
  • New Construction: No
  • Year Built: 1914
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3642 E Armour AVENUE
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1600.00

Exterior Features

  • Exclusions: tenants personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

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: Cudahy
  • Middle School: Cudahy
  • High School: Cudahy
  • High School: Cudahy
  • Junior High Dist: Cudahy

Lot Info

  • Zoning: RD-2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3392.0

MLS Schools

  • Middle School: Cudahy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 23, 2021
Sold by
Bohler Justin and Bohler Amy
Bought by
Kultgen David R and Kultgen Angelene M
Seller's Agent
Justin Bohler
North Shore Homes, Inc.
Buyer's Agent
Gerald DeJong
Shorewest Realtors, Inc.
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$293,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,773
Avg. Annual Appreciation
6.79%
Original Mortgage
$172,822
Outstanding Balance
$157,149
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$127,422

Purchase Details

Closed on
Mar 20, 2012
Sold by
King Melida and Bonilla Carlos
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 2, 2006
Sold by
Aegis Mortgage Corp
Bought by
Bonilla Carlos and King Melida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2005
Sold by
Kobleski Robert L
Bought by
Aegis Mortgage Corp

Purchase Details

Closed on
Oct 27, 2000
Sold by
Kobleski Mary J
Bought by
Kobleski Robert L
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
Kultgen David R $215,000 None Available
Federal Home Loan Mortgage Corp -- None Available
Bonilla Carlos $125,000 None Available
Aegis Mortgage Corp $155,000 None Available
Kobleski Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kultgen David R $172,822
Previous Owner Bonilla Carlos $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $215,000 0.0% $134 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $215,000 -- $134 / 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 $4,500 $245,600 $32,400 $213,200
2023 $4,492 $215,000 $32,400 $182,600
2022 $4,235 $136,300 $32,400 $103,900
2021 $3,122 $136,300 $32,400 $103,900
2020 $3,573 $132,500 $32,400 $100,100
2019 $3,279 $118,500 $32,400 $86,100
2018 $3,272 $106,800 $32,400 $74,400
2017 $3,034 $104,400 $32,400 $72,000
2016 $3,066 $107,600 $32,400 $75,200
2015 $3,129 $107,600 $32,400 $75,200
2014 $3,288 $126,100 $32,400 $93,700
2013 -- $126,100 $32,400 $93,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1737757

Metro MLS

APN: 589-0254-001