$88,500
SOLD FEB 18, 2025
3 Beds
1 Bath
994 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$89 Per Sq Ft

20% Below List Price

88 Days on Market

Highlights

  • Cape Cod Architecture
  • Fireplace
  • Forced Air Heating System
  • 1 Car Detached Garage

About This Home

As of February 2025

Three bedroom house in Lincoln Creek neighborhood with long term tenant that pays $975, far below market rent. Newer windows, updated electric, large fenced yard, garage. Great opportunity for your portfolio. Exterior ready for your updates.

Last Agent to Sell the Property

Michael Argeropoulos

EXP Realty, LLC~MKE License #79503-94 Listed on: 10/26/2024

EXP Realty, LLC~MKE

Last Buyer's Agent

Holly Speranza

Keller Williams-MNS Wauwatosa License #56826-90

Keller Williams-MNS Wauwatosa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,053

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts an alley

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 994 Sq Ft Home
  • Fireplace
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Tenants personal possessions, appliances.
  • Assessor Parcel Number 2270523000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,053

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.13
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: 15 Story
  • Property Information:Est Total Sq Ft: 994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Has Basement: Block
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Natural Fireplace

Exterior Features

  • Exclusions: Tenants personal possessions, appliances.
  • Construction Type: Brick, Aluminum/Steel

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Parking Features: Alley Entrance
  • Garage Type: Detached

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 2270523000

Tax Info

  • Tax Annual Amount: 2053
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Feb 19, 2025
Sold by
Johnson Gregory
Bought by
Rental Vest Llc
Seller's Agent
Michael Argeropoulos
EXP Realty, LLC~MKE
Buyer's Agent
Holly Speranza
Keller Williams-MNS Wauwatosa
List Price
$110,000
Sold Price
$88,500
Premium/Discount to List
-$21,500
-19.55%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.98%
Original Mortgage
$127,300
Outstanding Balance
$126,882
Interest Rate
7.04%
Mortgage Type
Construction
Estimated Equity
-$30,020

Purchase Details

Closed on
May 21, 2024
Sold by
Johnson Samuel
Bought by
Johnson Gregory

Purchase Details

Listed on
Sep 2, 2011
Closed on
Jan 12, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Johnson Samuel
Seller's Agent
Andrew Kaplan
Kapital Real Estate LLC
Buyer's Agent
Tamairo Moutry
Jason Scott Realty & Management, LLC
List Price
$10,000
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%

Purchase Details

Closed on
Jul 18, 2011
Sold by
Vanwert Sylvester F
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $88,500 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $10,000 Servicelink Hopewell Campus
Sheriffs Deed $40,001 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,300 Construction
Previous Owner $86,400 New Conventional
Previous Owner $78,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $199,900 +125.9% $201 / Sq Ft
02/18/2025 02/18/25 Sold $88,500 0.0% $89 / Sq Ft
01/31/2025 01/31/25 Off Market $88,500 -- --
10/25/2024 10/25/24 For Sale $110,000 +1000.0% $111 / Sq Ft
02/17/2012 02/17/12 Sold $10,000 0.0% $10 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
09/02/2011 09/02/11 For Sale $10,000 -- $10 / 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 $2,053 $86,900 $3,000 $83,900
2022 $2,242 $86,900 $3,000 $83,900
2021 $1,460 $58,200 $3,000 $55,200
2020 $1,473 $58,200 $3,000 $55,200
2019 $1,553 $57,900 $4,100 $53,800
2018 $1,491 $57,900 $4,100 $53,800
2017 $1,507 $57,900 $6,200 $51,700
2016 $1,739 $63,200 $6,200 $57,000
2015 $1,815 $64,600 $6,200 $58,400
2014 $1,856 $64,600 $6,200 $58,400
2013 -- $64,600 $6,200 $58,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1897540

Metro MLS

APN: 227-0523-000-9