NOT LISTED FOR SALE

4140 S 1st Place Milwaukee, WI 53207

Town of Lake Neighborhood

Estimated Value: $279,000 - $326,079

4 Beds
2 Baths
1,808 Sq Ft
$168/Sq Ft Est. Value

About This Home

Charming Bay View area duplex. Check out this well maintained property close to parks, lakefront and more. Large 2.5 car garage with a great yard for entertaining in the summer. This home would be great for owner occupant or investor. Don't miss out on this affordable 53207 GEM!

Last Buyer's Agent

Mabel Maldonado

RE/MAX Lakeside-South License #71913-94

RE/MAX Lakeside-South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,299

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2.5 Car Garage

Home Design

  • 1,808 Sq Ft Home

Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 5800231000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,299

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.11
  • Directions: Use GPS.
  • Year Built: 1950
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Has Basement: Full, Block
  • ResoLivingAreaSource: PublicRecords

Garage/Parking

  • Garage Spaces: 2.5

Utilities

  • Heating: Oil, Forced Air, Wall Furnace

Lot Info

  • Parcel #: 5800231000
  • Zoning Description: RS6
  • Zoning: RS6

Tax Info

  • Tax Annual Amount: 4299
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 9, 2023
Sold by
K & L Property Management Llc
Bought by
Alvarado Romero Deny
Buyer's Agent
Mabel Maldonado
RE/MAX Lakeside-South
List Price
$249,900
Views
43
Current Estimated Value
$304,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$189,000
Outstanding Balance
$185,542
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$99,833

Purchase Details

Closed on
Nov 29, 2021
Sold by
Mcnello Michael T and Mcnello Carla T
Bought by
K & L Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 28, 2021
Sold by
Mcnello Michael T
Bought by
Mcnello Michael T and Mcnello Carla T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2011
Sold by
Mcnello Mike
Bought by
Mcnello Michael T and Mcnello Carla T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2006
Sold by
Mcnello Robert S
Bought by
Mcnello Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,100
Interest Rate
6.38%
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
Alvarado Romero Deny $260,000 None Listed On Document
K & L Property Management Llc $190,000 None Available
Mcnello Michael T -- None Available
Mcnello Michael T -- None Available
Mcnello Michael T -- None Available
Mcnello Mike $193,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Romero Deny $189,000
Previous Owner K & L Property Management Llc $152,000
Previous Owner Mcnello Michael T $102,000
Previous Owner Mcnello Michael T $120,000
Previous Owner Mcnello Mike $135,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2023 08/13/23 Off Market $249,900 -- --
06/26/2023 06/26/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $249,900 -- $138 / 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 $5,106 $226,500 $29,100 $197,400
2023 $4,338 $183,600 $26,500 $157,100
2022 $4,298 $183,600 $26,500 $157,100
2021 $4,203 $162,600 $25,900 $136,700
2020 $4,180 $162,600 $25,900 $136,700
2019 $3,926 $138,300 $25,500 $112,800
2018 $3,511 $138,300 $25,500 $112,800
2017 $3,391 $126,900 $25,800 $101,100
2016 $3,581 $127,400 $25,800 $101,600
2015 $3,659 $127,400 $25,800 $101,600
2014 $3,534 $120,600 $25,800 $94,800
2013 -- $127,000 $25,800 $101,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2023

    Mabel Maldonado

    RE/MAX

    (414) 243-5079

    2 in this area

    141 Total Sales

    Mabel Maldonado
    Section Image

  • A

    Buyer's Agent in 2023

    Andrew Boisvert

    Shorewest Realtors - South Metro

    (414) 828-3739

    2 in this area

    117 Total Sales

    Andrew Boisvert
    Section Image
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Map

Source: Metro MLS

MLS Number: 1839781

Metro MLS

APN: 580-0231-000-5

Wisconsin Milwaukee County Milwaukee 53207 Town of Lake

4140 S 1st Place, Milwaukee, WI

This home is located at 4140 S 1st Place, Milwaukee, WI 53207 since 23 June 2023 and is currently estimated at $304,520, approximately $168 per square foot. This property was built in 1950. 4140 S 1st Place is a home located in Milwaukee County with nearby schools including Milwaukee Spanish Immersion School - Upper Campus, Milwaukee German Immersion School, and Craig Montessori School.

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