NOT LISTED FOR SALE

4051 N 48th St Milwaukee, WI 53216

Lincoln Creek Neighborhood

Estimated Value: $176,000 - $197,000

3 Beds
2 Baths
1,626 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $140,000 $86 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,248/month

13 Days on Market

About This Home

As of May 2022

Great investment! Property is in good shape. Updates include plumbing, electric, furnaces, hot water heaters, roof, vinyl siding, newer windows. Three car detached garage. Units have hard wood floors and carpeting. Occupied by long term tenants that would like to stay if possible. Rents are $700 per month and are month to month.

Last Agent to Sell the Property

Peter Saulnier

Realty Executives Integrity~Brookfield License #38970-90 Listed on: 03/17/2022

Realty Executives Integrity~Brookfield

Last Buyer's Agent

MetroMLS NON

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,626 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,655

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Capital Drive to 48th, north to home.
  • New Construction: No
  • Year Built: 1925
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 4051 N 48th St
  • 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: 1626.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 3 Car
  • Garage Spaces: 3.0

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 1655.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 10, 2022
Sold by
Phillips Carlos L and Phillips Carlos
Bought by
Ervin Isaiah J and Ervin Ruchita
Seller's Agent
Peter Saulnier
Realty Executives Integrity~Brookfield
Buyer's Agent
MetroMLS NON
NON MLS
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$189,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,076
Avg. Annual Appreciation
9.07%
Original Mortgage
$105,000
Outstanding Balance
$99,258
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$89,818

Purchase Details

Closed on
Sep 23, 2009
Sold by
Aequitas Enterprises Llc
Bought by
Phillips Carlos

Purchase Details

Closed on
Aug 21, 2009
Sold by
Blue Spruce Entities Llc
Bought by
Aequitas Enterprises Llc

Purchase Details

Closed on
Dec 3, 2008
Sold by
Us Bank Na
Bought by
Blue Spruce Entities Llc

Purchase Details

Closed on
Jun 19, 2008
Sold by
Rollins Patrice M
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 21, 1999
Sold by
Boyce Paul S
Bought by
Rollins Patrice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,100
Interest Rate
7.84%
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
Ervin Isaiah J $140,000 Knight Barry Title
Phillips Carlos $18,308 1St Natl Title Ins Agency
Aequitas Enterprises Llc $7,555 None Available
Blue Spruce Entities Llc $2,324 None Available
Us Bank Na -- None Available
Rollins Patrice M $69,000 Priority Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ervin Isaiah J $105,000
Previous Owner Rollins Patrice M $62,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $140,000 0.0% $86 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $140,000 -- $86 / 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 $3,106 $139,300 $3,700 $135,600
2023 $2,495 $105,600 $3,700 $101,900
2022 $1,824 $79,700 $3,700 $76,000
2021 $1,667 $66,100 $3,700 $62,400
2020 $1,655 $66,100 $3,700 $62,400
2019 $1,519 $57,300 $3,800 $53,500
2018 $1,416 $57,300 $3,800 $53,500
2017 $1,165 $45,400 $5,300 $40,100
2016 $1,164 $43,200 $5,300 $37,900
2015 $1,187 $43,200 $5,300 $37,900
2014 $1,214 $43,200 $5,300 $37,900
2013 -- $39,400 $5,300 $34,100
Source: Public Records

Agents Affiliated with this Home

  • Peter Saulnier

    Seller's Agent in 2022

    Peter Saulnier

    Realty Executives Integrity~Brookfield

    (262) 347-7242

    1 in this area

    36 Total Sales

    Peter Saulnier
    Section Image

  • M

    Buyer's Agent in 2022

    MetroMLS NON

    NON MLS

See All Agents

Map

Source: Metro MLS

MLS Number: 1783630

Metro MLS

APN: 248-0428-000-2

Wisconsin Milwaukee County Milwaukee 53216 Lincoln Creek

4051 N 48th St, Milwaukee, WI

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