NOT LISTED FOR SALE

4629 N 40th St Milwaukee, WI 53209

Old North Milwaukee Neighborhood

Estimated Value: $122,000 - $137,000

4 Beds
2 Baths
1,741 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $110,000 $63 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $858/month

8 Days on Market

About This Home

As of November 2023

Turnkey, cash-flowing duplex generating $1,575/month. Boasting long-term tenants with an impeccable rental history, this professionally managed and super clean property is the perfect addition to any savvy investor's portfolio. Don't miss out on this opportunity for a hassle-free, income-producing investment.

Last Listed By

Andrew Lied

Venture Real Estate Group LLC License #91080-94 Listed on: 10/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1938

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 1,741 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: All seller and tenant personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,603

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1938
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 4629 N 40th STREET
  • Lot Acreage: 0.11
  • 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: 1741.00

Exterior Features

  • Exclusions: All seller and tenant personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 1 Car
  • Garage Spaces: 1.0

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: RT3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 1602.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 6, 2023
Sold by
Wksm1 Llc
Bought by
135 Family Trust and Alvarado
Seller's Agent
Andrew Lied
Venture Real Estate Group LLC
Buyer's Agent
Samantha Lafferty
RE/MAX Service First
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%
Total Days on Market
8
Views
16
Current Estimated Value
$129,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,556
Avg. Annual Appreciation
11.13%
Original Mortgage
$82,500
Outstanding Balance
$81,365
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$48,191

Purchase Details

Closed on
Feb 8, 2021
Sold by
Trice Judy
Bought by
Wksm1 Llc

Purchase Details

Closed on
Jan 19, 2021
Sold by
Beejam Properties Llc
Bought by
Trice Judy and Trice Greg

Purchase Details

Closed on
Jul 19, 2017
Sold by
Beejan Properties Llc
Bought by
Trice Judy and Trice Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2015
Sold by
Hollis James A and Hollis Beverly A
Bought by
Beejam Properties Llc

Purchase Details

Closed on
Jul 11, 1998
Sold by
Wendorf Eleanor
Bought by
Hollis James A and Hollis Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

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
135 Family Trust $110,000 None Listed On Document
Wksm1 Llc $69,500 None Available
Trice Judy -- None Available
Trice Judy $52,500 None Available
Beejam Properties Llc -- None Available
Hollis James A $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 135 Family Trust $82,500
Previous Owner Trice Judy $26,250
Previous Owner Hollis James A $28,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $110,000 -4.3% $63 / Sq Ft
10/05/2023 10/05/23 For Sale $114,900 -- $66 / 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 $1,590 $67,300 $3,700 $63,600
2022 $1,529 $67,300 $3,700 $63,600
2021 $1,123 $45,400 $3,700 $41,700
2020 $1,113 $45,400 $3,700 $41,700
2019 $662 $43,500 $3,700 $39,800
2018 $1,058 $43,500 $3,700 $39,800
2017 $1,146 $44,700 $5,200 $39,500
2016 $1,268 $46,800 $5,200 $41,600
2015 $1,293 $46,800 $5,200 $41,600
2014 $1,322 $46,800 $5,200 $41,600
2013 -- $52,000 $5,200 $46,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Andrew Lied

    Venture Real Estate Group LLC

    (262) 370-7834

    10 in this area

    115 Total Sales

    Andrew Lied
    Section Image

  • S

    Buyer's Agent in 2023

    Samantha Lafferty

    RE/MAX

    (262) 751-9660

    1 in this area

    10 Total Sales

    Samantha Lafferty
    Section Image
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Map

Source: Metro MLS

MLS Number: 1853119

Metro MLS

APN: 229-0873-000-7

Wisconsin Milwaukee County Milwaukee 53209 Old North Milwaukee

4629 N 40th St, Milwaukee, WI

Homes for Sale in Milwaukee, WI

This home is located at 4629 N 40th St, Milwaukee, WI 53209 since 05 October 2023 and is currently estimated at $129,556, approximately $74 per square foot. This property was built in 1938. 4629 N 40th St is a home located in Milwaukee County with nearby schools including Craig Montessori School, Milwaukee German Immersion School, and La Escuela Fratney.

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