NOT LISTED FOR SALE

3901 N 27th St Milwaukee, WI 53216

Franklin Heights Neighborhood

Estimated Value: $58,849

2 Beds
-- Bath
7,040 Sq Ft
$8/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $85,000 $12 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $371/month

7 Days on Market

Highlights

  • Enclosed Parking
  • Hot Water Heating System
  • Wood Siding
  • Golda Meir School Rated A-

About This Home

As of October 2021

Opportunity awaits! This mixed used building offers 7k sq ft of space to build out a cash cow. Bring your ideas for a day care, learning center, health offices, etc. Lots of traffic with lots of opportunity. Building is located in a WHEDA opportunity zone so there may be tax benefits. Motivated seller looking for a cash offer and fast closing. Selling as-is, where-is no repairs will be done. Priced below assessment.

Last Agent to Sell the Property

Cleotilde Alcantara

First West Realty, LLC License #55476-90 Listed on: 10/01/2021

Last Buyer's Agent

juan Alcantara

First West Realty, LLC License #72595-94

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 7,040 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 6 Units

Property Details

Home Type

Apartment

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: W Capitol DR to 27th south to address
  • New Construction: No
  • Year Built: 1927
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3901 N 27th St
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 7040.00

Exterior Features

  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick, Partial-Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 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: RT3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3646.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
F Street Investments Llc
Bought by
Purgatory Properties Llc
Current Estimated Value
$58,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Outstanding Balance
$443,972
Interest Rate
6.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 29, 2024
Sold by
Pennyrock Investments Llc
Bought by
F Street Investments Llc

Purchase Details

Listed on
Oct 1, 2021
Closed on
Oct 25, 2021
Sold by
Glisper Sam and Estate Of Dorothy Glisper
Bought by
Pennyrock Investments Llc
Seller's Agent
Cleotilde Alcantara
First West Realty, LLC
Buyer's Agent
juan Alcantara
First West Realty, LLC
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Purgatory Properties Llc $189,000 None Listed On Document
F Street Investments Llc $178,500 None Listed On Document
Pennyrock Investments Llc $85,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purgatory Properties Llc $449,000
Previous Owner Pennyrock Investments Llc $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $85,000 0.0% $12 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $85,000 -- $12 / 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 $3,994 $178,000 $13,500 $164,500
2023 $3,814 $161,400 $13,500 $147,900
2022 $6,363 $161,400 $13,500 $147,900
2021 $3,770 $142,200 $13,500 $128,700
2020 $3,949 $142,200 $13,500 $128,700
2019 $3,835 $141,000 $13,500 $127,500
2018 $3,782 $141,000 $13,500 $127,500
2017 $3,949 $140,000 $13,500 $126,500
2016 $3,951 $138,000 $13,500 $124,500
2015 -- $133,000 $13,500 $119,500
2014 -- $133,000 $13,500 $119,500
2013 -- $125,000 $13,500 $111,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cleotilde Alcantara

    First West Realty, LLC

    (262) 269-6646

    1 in this area

    16 Total Sales

    Cleotilde Alcantara
    Section Image

  • j

    Buyer's Agent in 2021

    juan Alcantara

    First West Realty, LLC

    Section Image
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Map

Source: Metro MLS

MLS Number: 1766023

Metro MLS

APN: 269-0280-000-9

Wisconsin Milwaukee County Milwaukee 53206 Franklin Heights

3901 N 27th St, Milwaukee, WI

This home is located at 3901 N 27th St, Milwaukee, WI 53216 since 01 October 2021 and is currently priced at $58,849, approximately $8 per square foot. This property was built in 1927. 3901 N 27th St is a home located in Milwaukee County with nearby schools including Franklin Elementary School, Craig Montessori School, and Milwaukee German Immersion School.

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