NOT LISTED FOR SALE

400 E Meinecke Ave Unit 402 Milwaukee, WI 53212

Harambee Neighborhood

Estimated Value: $301,000 - $436,000

6 Beds
3 Baths
3,132 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $20,000 $6 Per Sq Ft

Est. 1,820% increase in value since last sale

Current estimated payment $2,386/month

40 Days on Market

About This Home

As of February 2021

Investors Special on Fire-damaged Triplex near Riverwest. This property has 3132 sq ft, 6 bedrooms, 3 bathrooms. 3 separate gas and electric meters. Side driveway, no garage. This property has been demolished down to the studs. Property is being sold as-is.

Last Agent to Sell the Property

Sarah Floyd

MKE Realty Group LLC License #57963-90 Listed on: 01/06/2021

Last Buyer's Agent

Sarah Floyd

MKE Realty Group LLC License #57963-90 Listed on: 01/06/2021

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1905

Lot Details

  • 2,614

Home Design

  • Composition Roof

Interior Spaces

  • 3,132 Sq Ft Home
  • Multi-Level Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Enclosed Parking
  • Outside Parking

Additional Features

  • 2,614 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Apartment

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: From N Holton St, head west 2 blocks on E Meinecke (one block north of North Ave) to property on the north east corner of Meinecke and Buffum St.
  • New Construction: No
  • Year Built: 1905
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 400 E Meinecke Ave #402
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.06
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 3132.00

Exterior Features

  • Exterior Building Type: Apartment Building
  • Exterior: Aluminum/Steel, 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: RT4 Res two-Fam
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 1011.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 24, 2021
Sold by
F Street Investments Llc
Bought by
Foxx & Lyon Holdings Llc
Seller's Agent
Sarah Floyd
MKE Realty Group LLC
Buyer's Agent
Sarah Floyd
MKE Realty Group LLC
List Price
$20,000
Sold Price
$20,000
Current Estimated Value
$384,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,000
Avg. Annual Appreciation
90.36%

Purchase Details

Closed on
Dec 10, 2020
Sold by
Central Realty Group Llc
Bought by
F Street Investments Llc

Purchase Details

Closed on
Jul 29, 2020
Sold by
Walker Joella and Harden Joella
Bought by
Central Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
3.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Foxx & Lyon Holdings Llc $20,000 Merit Title
F Street Investments Llc -- None Available
Central Realty Group Llc $35,000 Merit Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Central Realty Group Llc $99,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $20,000 0.0% $6 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $20,000 -- $6 / 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 $4,215 $123,700 $9,600 $114,100
2023 $1,394 $59,000 $9,600 $49,400
2022 $4,123 $59,000 $9,600 $49,400
2021 $919 $37,600 $8,600 $29,000
2020 $1,011 $37,600 $8,600 $29,000
2019 $2,188 $59,100 $2,300 $56,800
2018 $4,399 $59,100 $2,300 $56,800
2017 $2,378 $59,100 $2,300 $56,800
2016 $5,556 $58,700 $2,300 $56,400
2015 -- $58,700 $2,300 $56,400
2014 -- $58,700 $2,300 $56,400
2013 -- $58,700 $2,300 $56,400
Source: Public Records

Agents Affiliated with this Home

  • Sarah Floyd

    Seller's Agent in 2021

    Sarah Floyd

    MKE Realty Group LLC

    (414) 852-2150

    1 in this area

    28 Total Sales

    Sarah Floyd
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Map

Source: Metro MLS

MLS Number: 1723164

Metro MLS

APN: 321-1350-000-9

Wisconsin Milwaukee County Milwaukee 53212 Harambee

400 E Meinecke Ave Unit 402, Milwaukee, WI

This home is located at 400 E Meinecke Ave Unit 402, Milwaukee, WI 53212 since 06 January 2021 and is currently estimated at $384,000, approximately $122 per square foot. This property was built in 1905. 400 E Meinecke Ave Unit 402 is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

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