NOT LISTED FOR SALE

4284 N Sercombe Rd Unit 4286 Milwaukee, WI 53216

Lincoln Creek Neighborhood

Estimated Value: $135,000 - $165,000

4 Beds
2 Baths
2,204 Sq Ft
$68/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $119,000 $54 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $951/month

280 Days on Market

Highlights

  • 2 Car Detached Garage
  • Golda Meir School Rated A-
  • Asbestos

About This Home

As of March 2024

Great investment opportunity. Well cared for duplex with steady income and very long term tenants who would definitely love to stay on.

Last Agent to Sell the Property

Robin Gevaart

Realty Dynamics License #79179-94 Listed on: 06/06/2023

Last Buyer's Agent

Phyllis Clark

Epique Realty License #98319-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 1948

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asbestos

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller/Tenant's personal
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,943

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Capitol drive to 39th street. North on 39th to Sercombe.
  • New Construction: No
  • Year Built: 1948
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 4284 N Sercombe ROAD #4286
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2204.00

Exterior Features

  • Exclusions: Seller/Tenant's personal
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Asbestos/Asphalt, Partial-Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0

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: 2022
  • Total Taxes: 1943.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Mar 14, 2024
Sold by
Zierden Robert F
Bought by
Shumpert Jessica
Seller's Agent
Robin Gevaart
Realty Dynamics
Buyer's Agent
Phyllis Clark
Epique Realty
List Price
$169,900
Sold Price
$119,000
Premium/Discount to List
-$50,900
-29.96%
Views
62
Current Estimated Value
$150,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,304
Avg. Annual Appreciation
15.61%
Original Mortgage
$107,100
Outstanding Balance
$105,145
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$45,159

Purchase Details

Closed on
Dec 30, 2019
Sold by
Ventue Dwqelling Inc
Bought by
Zierden Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2019
Sold by
Jamg Properties Llc
Bought by
Venture Dwelling Llc

Purchase Details

Closed on
Oct 11, 2012
Sold by
Morgan Stanley Capital Holdings Llc
Bought by
Jamg Properties Llc

Purchase Details

Closed on
Jun 26, 2012
Sold by
Kako John M and Kako Peninnah M
Bought by
Fv-1 Inc and Morgan Stanley Mortgage Capital Holdings

Purchase Details

Closed on
Oct 28, 1999
Sold by
Kako John M
Bought by
Kako John M and Kako Peninnah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,625
Interest Rate
11.25%
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
Shumpert Jessica $119,000 Prism Title
Zierden Robert F $110,000 None Available
Venture Dwelling Inc -- None Available
Venture Dwelling Llc $79,900 Prism Title Midwest Llc
Jamg Properties Llc $27,500 None Available
Fv-1 Inc -- None Available
Kako John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shumpert Jessica $107,100
Previous Owner Zierden Robert F $77,000
Previous Owner Kako John M $50,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Off Market $119,000 -- --
03/18/2024 03/18/24 Sold $119,000 -11.6% $54 / Sq Ft
01/07/2024 01/07/24 Price Changed $134,575 -7.1% $61 / Sq Ft
10/02/2023 10/02/23 Price Changed $144,900 -9.4% $66 / Sq Ft
07/26/2023 07/26/23 Price Changed $159,900 -5.9% $73 / Sq Ft
06/08/2023 06/08/23 For Sale $169,900 -- $77 / 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 $1,914 $87,300 $4,000 $83,300
2023 $2,001 $84,700 $4,000 $80,700
2022 $1,943 $84,700 $4,000 $80,700
2021 $1,998 $78,700 $4,000 $74,700
2020 $1,984 $78,700 $4,000 $74,700
2019 $1,600 $66,300 $4,000 $62,300
2018 $1,648 $66,300 $4,000 $62,300
2017 $1,736 $66,300 $5,500 $60,800
2016 $1,868 $67,700 $5,500 $62,200
2015 -- $67,700 $5,500 $62,200
2014 -- $67,700 $5,500 $62,200
2013 -- $71,300 $5,500 $65,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Robin Gevaart

    Realty Dynamics

    (262) 468-8192

    4 in this area

    74 Total Sales

    Robin Gevaart
    Section Image

  • P

    Buyer's Agent in 2024

    Phyllis Clark

    Epique Realty

See All Agents

Map

Source: Metro MLS

MLS Number: 1837553

Metro MLS

APN: 247-0802-000-8

Wisconsin Milwaukee County Milwaukee 53216 Lincoln Creek

4284 N Sercombe Rd Unit 4286, Milwaukee, WI

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