NOT LISTED FOR SALE

4040 S Howell Ave Milwaukee, WI 53207

Tippecanoe Neighborhood

Estimated Value: $252,000 - $274,000

3 Beds
2 Baths
1,559 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $257,000 $165 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,904/month

28 Days on Market

About This Home

As of October 2024

Charming duplex in Milwaukee County! This well-maintained two-family home offers a great opportunity for homeowners and investors. The lower unit has 2 bedrooms and 1 full bath, perfect for a small family. The upper unit is a cozy 1 bedroom and 1 full bath, ideal for a single renter or couple. Both units feature comfortable living areas and plenty of natural light. The property includes a shared backyard, off-street parking, and easy access to local amenities, public transportation, and schools. Live in one unit and rent the other for supplemental income or rent both for a solid investment opportunity.

Last Agent to Sell the Property

Morgan Rossetto

Rossetto Realty, LLC License #84453-94 Listed on: 07/24/2024

Last Buyer's Agent

Avinash Sehgal

Homestead Realty, Inc License #96707-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,395

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,559 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller/Tenant Personal Property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,395

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Stove/Oven (both units), Refrigerator (both units), One Washer, One Dryer, Blinds, Dehumidifier, Upstairs Window AC Unit, Lawn Mower, Snow Blower.
  • Directions: South of Howard, Right on Howell Ave.
  • New Construction: No
  • Year Built: 1910
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 4040 S Howell AVENUE
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1559.00

Exterior Features

  • Exclusions: Seller/Tenant Personal Property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0
  • 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: LB2 Commercial
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 4394.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Oct 2, 2024
Sold by
Mcmullen Megan R
Bought by
Tyson Spencer
Seller's Agent
Morgan Rossetto
Rossetto Realty, LLC
Buyer's Agent
Avinash Sehgal
Homestead Realty, Inc
List Price
$270,000
Sold Price
$257,000
Premium/Discount to List
-$13,000
-4.81%
Total Days on Market
28
Views
80
Current Estimated Value
$266,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,388
Avg. Annual Appreciation
-0.15%
Original Mortgage
$231,300
Outstanding Balance
$230,018
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$26,659

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 21, 2018
Sold by
Clean Slate Investments Llc
Bought by
Mcmullen Megan R
Seller's Agent
Laura Swenson
Premier Point Realty LLC
Buyer's Agent
Tiffany Rossetto
Rossetto Realty, LLC
List Price
$133,000
Sold Price
$133,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Original Mortgage
$130,591
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2018
Sold by
Budelier Tammy A
Bought by
Clean Slate Investments Llc
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
Tyson Spencer $257,000 1St Service Title
Mcmullen Megan R $133,000 None Available
Clean Slate Investments Llc $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyson Spencer $231,300
Previous Owner Mcmullen Megan R $128,042
Previous Owner Mcmullen Megan R $130,591
Previous Owner Budelier Tammy A $122,257
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $257,000 -3.2% $165 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $265,500 -1.7% $170 / Sq Ft
07/24/2024 07/24/24 For Sale $270,000 +103.0% $173 / Sq Ft
11/21/2018 11/21/18 Sold $133,000 0.0% $85 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $133,000 -- $85 / 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 $5,165 $229,100 $28,000 $201,100
2023 $4,466 $189,000 $25,500 $163,500
2022 $4,427 $189,000 $25,500 $163,500
2021 $4,037 $156,300 $25,000 $131,300
2020 $4,015 $156,300 $25,000 $131,300
2019 $3,808 $137,300 $24,300 $113,000
2018 $3,486 $137,300 $24,300 $113,000
2017 $3,366 $126,000 $24,600 $101,400
2016 $3,547 $126,200 $24,600 $101,600
2015 $3,624 $126,200 $24,600 $101,600
2014 $3,501 $119,500 $24,600 $94,900
2013 -- $125,700 $24,600 $101,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Morgan Rossetto

    Rossetto Realty, LLC

  • A

    Buyer's Agent in 2024

    Avinash Sehgal

    Homestead Realty, Inc

  • L

    Seller's Agent in 2018

    Laura Swenson

    Premier Point Realty LLC

  • T

    Buyer's Agent in 2018

    Tiffany Rossetto

    Rossetto Realty, LLC

See All Agents

Map

Source: Metro MLS

MLS Number: 1884919

Metro MLS

APN: 581-1315-000-7

Wisconsin Milwaukee County Milwaukee 53207 Tippecanoe

4040 S Howell Ave, Milwaukee, WI

This home is located at 4040 S Howell Ave, Milwaukee, WI 53207 since 24 July 2024 and is currently estimated at $266,388, approximately $170 per square foot. This property was built in 1910. 4040 S Howell Ave is a home located in Milwaukee County with nearby schools including Burdick School, Milwaukee Spanish Immersion School - Upper Campus, and Milwaukee German Immersion School.

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