$975,000
SOLD DEC 6, 2024
-- Bed
-- Bath
-- Sq Ft
0.41 Acres

Recently Sold

2% Below List Price

2 Days on Market

Highlights

  • 0.41 Acre Lot
  • Enclosed Parking
  • Heating System Uses Natural Gas

About This Home

As of December 2024

Attention investors! Don't miss this opportunity to acquire a 16-unit apartment complex in a prime location. This charming 2-story brick building features off-street parking and a quaint courtyard that enhances the appeal of the property. Each unit offers a comfortable layout, including a living room, eat-in kitchen, hallway closet, bedroom, and full bath. Several units have been upgraded with modern carpeting, LP flooring in the kitchen, and updated bathroom vanities. A convenient coin-operated laundry facility is on-site for tenant use. Ideally situated near public transit, schools, shopping, and parks, this property promises steady rental income and growth potential. Act fast!

Last Agent to Sell the Property

Leslie Hansen

Abundance Real Estate License #78997-94 Listed on: 10/11/2024

Last Buyer's Agent

Leslie Hansen

Abundance Real Estate License #78997-94 Listed on: 10/11/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,225

Year Built

  • Built in 1956

Home Design

  • Brick Exterior Construction

Parking

  • Enclosed Parking
  • Outside Parking

Additional Features

  • Multi-Level Property
  • 0.41 Acre Lot
  • Heating System Uses Natural Gas

Community Details

  • 16 Units

Listing and Financial Details

  • Exclusions: Sellers/Tenants personal property. Window A/Cs are tenant owned.
  • Seller Concessions Offered

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,225

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Washers, 2 Dryers, 16 Refrigerators, 16 Stoves
  • New Construction: No
  • Year Built: 1956
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3742 N 76th STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.41
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer
  • Has Basement: None / Slab

Exterior Features

  • Exclusions: Sellers/Tenants personal property. Window A/Cs are tenant owned.
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick, Partial-Aluminum

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RM2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 13225.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 6, 2024
Sold by
P M Company Inc
Bought by
Te Xviii Llc
Seller's Agent
Leslie Hansen
Abundance Real Estate
Buyer's Agent
Leslie Hansen
Abundance Real Estate
List Price
$999,900
Sold Price
$975,000
Premium/Discount to List
-$24,900
-2.49%
Total Days on Market
2
Views
21
Current Estimated Value
$994,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,000
Avg. Annual Appreciation
5.86%
Original Mortgage
$600,000
Outstanding Balance
$598,972
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$403,028

Purchase Details

Closed on
Oct 31, 2009
Sold by
P M Company Inc
Bought by
P M Company Inc
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 Type Sale Price Title Company
Warranty Deed $551,200 None Listed On Document
Warranty Deed $551,200 None Listed On Document
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $975,000 -2.5% --
10/16/2024 10/16/24 Off Market $999,900 -- --
10/13/2024 10/13/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $999,900 -- --
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
2023 $13,025 $551,200 $49,600 $501,600
2022 $13,163 $551,200 $49,600 $501,600
2021 $11,883 $451,000 $47,100 $403,900
2020 $11,829 $451,000 $47,100 $403,900
2019 $11,761 $451,000 $51,000 $400,000
2018 $11,675 $451,000 $51,000 $400,000
2017 $12,314 $451,000 $51,000 $400,000
2016 $12,343 $430,200 $51,000 $379,200
2015 $11,792 $402,200 $51,000 $351,200
2014 $12,041 $402,200 $51,000 $351,200
2013 -- $441,900 $51,000 $390,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1895817

Metro MLS

APN: 264-0803-000-4