$90,000
SOLD JUN 30, 2022

3843 N Vel R Phillips Ave Unit 3843 Milwaukee, WI 53212

Williamsburg Heights Neighborhood
-- Bed
-- Bath
2,081 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

177 Days on Market

About This Home

As of June 2022

Rare 3/3 duplex with 1 bathroom in each unit is very desirable with tenants. The building is fully rented for $1,600/month and ready for a new landlord to take the reigns. Buy separately or create a package deal. At this price...buy more! Call today to schedule your showing and make an offer before it is too late! Property is being sold in AS IS Condition.

Last Agent to Sell the Property

Holly Speranza

Root River Realty License #56826-90 Listed on: 01/01/2022

Last Buyer's Agent

Kelsey Eckert

Shorewest Realtors, Inc. License #81997-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,081 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants' Personal Items

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,697

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Heading South on N Doctor MLK Jr Drive, East to W Keefe Ave, North to 4th St to property
  • New Construction: No
  • Year Built: 1925
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3843 N Vel R Phillips Ave #3843A
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2081.00

Exterior Features

  • Exclusions: Tenants' Personal Items
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: None

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: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 1697.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Ejb Property Management Llc
Bought by
George Randy
Current Estimated Value
$151,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,750
Outstanding Balance
$73,281
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$78,257

Purchase Details

Listed on
Jan 1, 2022
Closed on
Jun 28, 2022
Sold by
Atlantis Properties Llc
Bought by
Ejb Property Management Llc
Seller's Agent
Holly Speranza
Root River Realty
Buyer's Agent
Kelsey Eckert
Shorewest Realtors, Inc.
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%

Purchase Details

Closed on
Nov 30, 2007
Sold by
Affordable Properties Llc
Bought by
Accurate Properties Llc

Purchase Details

Closed on
Nov 27, 2007
Sold by
The Bank Of New York Trust Co Na
Bought by
Affordable Properties Llc

Purchase Details

Closed on
Aug 29, 2007
Sold by
Roberson Mary
Bought by
The Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na

Purchase Details

Closed on
Nov 15, 2005
Sold by
Harrell Carmen Denise
Bought by
Roberson Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 19, 2003
Sold by
Harrell Jessimia
Bought by
Harrell Carmen Denise
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 $101,000 --
Warranty Deed $475,000 None Listed On Document
Quit Claim Deed -- None Available
Special Warranty Deed $50,000 None Available
Sheriffs Deed -- None Available
Warranty Deed $95,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,750 New Conventional
Previous Owner $95,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Off Market $104,900 -- --
10/20/2022 10/20/22 For Sale $104,900 +16.6% $50 / Sq Ft
06/30/2022 06/30/22 Sold $90,000 0.0% $43 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
01/01/2022 01/01/22 For Sale $90,000 -- $43 / 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 $2,665 $115,700 $3,100 $112,600
2023 $2,131 $90,200 $3,100 $87,100
2022 $2,174 $90,200 $3,100 $87,100
2021 $1,855 $67,700 $3,100 $64,600
2020 $2,442 $67,700 $3,100 $64,600
2019 $1,312 $45,600 $3,200 $42,400
2018 $1,213 $45,600 $3,200 $42,400
2017 $1,022 $36,500 $3,200 $33,300
2016 $964 $36,200 $3,200 $33,000
2015 $1,049 $38,500 $3,200 $35,300
2014 $1,196 $42,600 $3,200 $39,400
2013 -- $47,300 $3,200 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1779118

Metro MLS

APN: 273-1623-000-3