NOT LISTED FOR SALE

Estimated Value: $95,000 - $196,000

3 Beds
2 Baths
1,386 Sq Ft
$102/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $80,000 $58 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $910/month

190 Days on Market

About This Home

As of March 2024

Great opportunity to invest or live in this 2/1 duplex. Currently fully occupied, this property brings in $1,370 in rent every month. Great location close to the expressway, downtown and Glendale. Seller also has another duplex available at 2519 North 49th Street and would entertain a package deal. Schedule your showing today and begin generating some passive income!

Last Listed By

Richard Geis

Guardian Investment Real Estate Co., Inc. License #14516-90 Listed on: 07/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,343

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • 1.5-Story Property

Basement

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,343

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Multi-Family
  • Directions: West Capitol Drive to north 7th Street. One block south on north 7th Street to property.
  • New Construction: No
  • Year Built: 1900
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 4059 N 7th STREET #4059A
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1386.00

Exterior Features

  • Exterior Building Type: 1.5 Story
  • Exterior: Partial-Aluminum, Partial-Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 1 Car
  • Garage Spaces: 1.0
  • 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: Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 1343.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Mar 22, 2024
Sold by
Maigatter Matthew and Kysely Lucas
Bought by
House 4 Cash Group Investments
Seller's Agent
Richard Geis
Guardian Investment Real Estate Co., Inc.
Buyer's Agent
Joseph Paschke
Firefly Real Estate, LLC
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Total Days on Market
190
Views
86
Current Estimated Value
$141,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,641
Avg. Annual Appreciation
62.28%

Purchase Details

Closed on
Dec 7, 2017
Sold by
Bradley Lyn
Bought by
Maigatter Matthew and Kysely Lucas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2015
Sold by
Handle Daniel T
Bought by
Bradley Lyn

Purchase Details

Closed on
May 24, 2006
Sold by
Kitzman Kelley Theresa A and Kelley Keegan M
Bought by
Handle Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 1999
Sold by
Kitzman Kelley Theresa A and Kitzman Mary E
Bought by
Kelley Keegan M and Kitzman Kelley Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1996
Sold by
First Financial Bank
Bought by
Federal Home Loan Mortgage Corporation

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
House 4 Cash Group Investments $80,000 None Listed On Document
Maigatter Matthew $42,000 None Available
Bradley Lyn $33,500 --
Handle Daniel T $80,500 None Available
Kelley Keegan M -- --
Federal Home Loan Mortgage Corporation $22,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maigatter Matthew $315,000
Previous Owner Handle Daniel T $79,200
Previous Owner Kelley Keegan M $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $80,000 -5.8% $58 / Sq Ft
11/10/2023 11/10/23 Price Changed $84,900 -5.6% $61 / Sq Ft
07/13/2023 07/13/23 For Sale $89,900 -- $65 / 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
2023 $1,406 $59,500 $3,300 $56,200
2022 $1,521 $59,500 $3,300 $56,200
2021 $1,368 $54,700 $3,300 $51,400
2020 $1,356 $54,700 $3,300 $51,400
2019 $1,504 $51,000 $3,100 $47,900
2018 $1,253 $51,000 $3,100 $47,900
2017 $1,212 $47,100 $3,900 $43,200
2016 $1,296 $47,800 $3,900 $43,900
2015 $1,079 $39,500 $3,900 $35,600
2014 $1,104 $39,500 $3,900 $35,600
2013 -- $44,900 $3,900 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1842258

Metro MLS

APN: 243-0762-000-2