NOT LISTED FOR SALE

Estimated Value: $295,000 - $393,000

5 Beds
2 Baths
1,824 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $228,000 $125 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,330/month

35 Days on Market

About This Home

As of July 2021

This centrally located low-maintenance Two-family has been nicely updated and has a fenced yard for privacy. Lower unit has 3rd bedroom with closet (City records has it listed as 2 Bdroomsms in Lower) Updates included 2 newer furnaces (Approx 3 and 5 yrs old) 2 newer Central AC Units (Approx 3 and 5 years old. New windows throughout the Home. Newer Cabinets. Stove and Refrigerator in both units are owned by the Seller. 2.5 Car Garage plus 2 parking slabs....Duplex is currently tenant occupied (Month to Month). Please wear masks when entering the units! Room sizes and More Pictures to follow

Last Agent to Sell the Property

Paula Johnson

Buy Me LLC License #49656-90 Listed on: 05/14/2021

Last Buyer's Agent

Mike Kresse

United REALTORS, LLC License #54642-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller's and tenant's Personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Stoves and 2 refrigerators
  • Directions: Howard Ave to 51st St --south on 51st to Duplex
  • New Construction: No
  • Year Built: 1954
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3951 S 51st STREET #3953
  • Lot Acreage: 0.14
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1824.00

Exterior Features

  • Exclusions: Seller's and tenant's Personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.5
  • 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: RT2 2 FamilyRes
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 4800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 28, 2021
Sold by
Hendricks Frank R
Bought by
Brankov Olga
Seller's Agent
Paula Johnson
Buy Me LLC
Buyer's Agent
Mike Kresse
United REALTORS, LLC
List Price
$228,000
Sold Price
$228,000
Current Estimated Value
$335,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,639
Avg. Annual Appreciation
9.50%
Original Mortgage
$223,870
Outstanding Balance
$203,127
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$132,512

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jul 27, 2015
Sold by
Paghanti Steven B and Paglianti Maria T
Bought by
Hendricks Frank R
Seller's Agent
Paul Liebe
Lake Country Flat Fee
Buyer's Agent
Robert Kaltenbach
Realty Executives Integrity~Brookfield
List Price
$152,500
Sold Price
$152,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$149,737
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2012
Sold by
Albelo Frank M and Benishek Jeremy M
Bought by
Paglianti Steven B and Paglianti Maria T

Purchase Details

Closed on
Jul 25, 2006
Sold by
Doney Andrew A and Doney Rebecca
Bought by
Albelo Frank M and Benishek Jeremy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,600
Interest Rate
9.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2005
Sold by
Doney Rebecca A and Binter Rebecca A
Bought by
Doney Andrew A and Doney Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,764
Interest Rate
5.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2001
Sold by
Lauber Chris W and Lauber Gina
Bought by
Binter Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
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
Brankov Olga $228,000 Merit Title
Hendricks Frank R $152,500 None Available
Paglianti Steven B $105,000 None Available
Albelo Frank M $194,500 Gatewood Title Services
Doney Andrew A -- --
Binter Rebecca A $149,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brankov Olga $223,870
Previous Owner Hendricks Frank R $149,737
Previous Owner Albelo Frank M $155,600
Previous Owner Doney Andrew A $166,764
Previous Owner Binter Rebecca A $119,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2021 07/16/21 Sold $228,000 0.0% $125 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $228,000 +49.5% $125 / Sq Ft
07/27/2015 07/27/15 Sold $152,500 0.0% $84 / Sq Ft View Prior Sale
05/30/2015 05/30/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $152,500 -- $84 / 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 $6,582 $290,900 $40,000 $250,900
2023 $5,433 $229,900 $40,000 $189,900
2022 $5,401 $229,900 $40,000 $189,900
2021 $4,885 $186,300 $40,000 $146,300
2020 $4,860 $186,300 $40,000 $146,300
2019 $4,288 $173,900 $40,000 $133,900
2018 $4,433 $173,900 $40,000 $133,900
2017 $4,283 $159,600 $44,400 $115,200
2016 $4,190 $148,600 $44,400 $104,200
2015 -- $150,300 $44,400 $105,900
2014 -- $150,300 $44,400 $105,900
2013 -- $150,300 $44,400 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1740444

Metro MLS

APN: 573-0381-000-7