NOT LISTED FOR SALE

Estimated Value: $233,136 - $251,000

9 Beds
2 Baths
2,442 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $235,000 $96 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,659/month

25 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • 2-minute walk to Paliafito Park
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

As of April 2024

Introducing 413 W Mineral, a prime investment opportunity in the heart of Walker's Point. This licensed 9-unit rooming house comprises 8 units spanning the 2nd and 3rd floors, complemented by a spacious 2-bedroom flat on the 1st floor. The property is strategically located in close proximity to popular restaurants, bars, and shops, offering a vibrant living experience. Ideal for savvy investors, this residence holds significant income potential, particularly if converted into an Airbnb. Take advantage of the sought-after location and transform this property into a lucrative investment in the dynamic Walker's Point neighborhood. Don't miss the chance to explore the endless possibilities that 413 W Mineral has to offer.

Last Listed By

Kathleen Klassen

Keller Williams Realty-Milwaukee North Shore License #78479-94 Listed on: 01/13/2024

Keller Williams Realty-Milwaukee North Shore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,397

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • Duplex
  • Rooming House
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,442 Sq Ft Home
  • Multi-Level Property

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Bradley Tech High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 9 Units

Listing and Financial Details

  • Exclusions: All of tenant's and seller's property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,397

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: National Ave to 3rd, west to 413 W Mineral.
  • New Construction: No
  • Year Built: 1900
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 413 W Mineral STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.05
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2442.00

Exterior Features

  • Exclusions: All of tenant's and seller's property.
  • Exterior Building Type: Duplex +, Rooming House
  • Exterior: Partial-Wood, Vinyl

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 3 - 4

Schools

  • School District: Milwaukee
  • High School: Bradley Tech
  • High School: Bradley Tech
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 4397.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Apr 4, 2024
Sold by
Kay Douglas M
Bought by
Naughton Jacob S and Iglesias Juan Anibal
Seller's Agent
Kathleen Klassen
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Margaret Berens
First Weber Inc -NPW
List Price
$219,000
Sold Price
$235,000
Premium/Discount to List
$16,000
7.31%
Total Days on Market
25
Views
150
Current Estimated Value
$242,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,068
Avg. Annual Appreciation
2.13%
Original Mortgage
$225,000
Outstanding Balance
$223,084
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$17,384

Purchase Details

Closed on
Feb 6, 2002
Sold by
Tussler Sherrie M and Kay Sherrie M
Bought by
Kay Douglas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.38%
Mortgage Type
Commercial

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
Naughton Jacob S $235,000 Focus Title
Kay Douglas M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naughton Jacob S $225,000
Previous Owner Kay Douglas M $75,000
Previous Owner Kay Douglas M $77,500
Previous Owner Kay Douglas M $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $235,000 +7.3% $96 / Sq Ft
01/16/2024 01/16/24 For Sale $219,000 -- $90 / 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 $3,802 $160,900 $2,000 $158,900
2022 $4,433 $160,900 $2,000 $158,900
2021 $3,443 $133,700 $2,000 $131,700
2020 $3,526 $133,700 $2,000 $131,700
2019 $2,993 $108,000 $2,300 $105,700
2018 $2,793 $108,000 $2,300 $105,700
2017 $3,429 $91,500 $2,300 $89,200
2016 $2,422 $84,700 $2,300 $82,400
2015 $2,471 $84,700 $2,300 $82,400
2014 $2,858 $80,600 $2,300 $78,300
2013 -- $82,000 $2,300 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1861950

Metro MLS

APN: 431-0842-000-7