NOT LISTED FOR SALE

5029 W Center St Unit 5031 Milwaukee, WI 53210

Uptown Milwaukee Neighborhood

Estimated Value: $191,335

2 Beds
-- Bath
3,808 Sq Ft
$50/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $135,000 $35 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,225/month

80 Days on Market

Highlights

  • Enclosed Parking
  • Golda Meir School Rated A-
  • Hot Water Heating System

About This Home

As of January 2021

Superb investment opportunity: Two street level commercial units and three residential units! All units feature separate heat, gas, and electric. Brick exterior with parking slab in rear and a 1.75 car garage. Highly visible location to attract tenants and keep tenants in place. Beauty shop/salon occupies one commercial space, other space is going vacant for your own business or tenant of choice. Residential units are all one bedroom with living and dining rooms. Many newer windows throughout. Vacant residential unit is ready for your new tenant! Solid building and solid investment with massive cash flow when fully occupied! Professional property management is in place and can stay engaged with the property for a smooth transition. Put this building to work for you!

Last Agent to Sell the Property

John Newland

TerraNova Real Estate License #55028-90 Listed on: 10/14/2020

Last Buyer's Agent

Mia Scaffidi

RE/MAX Xpress License #55180-90

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1928

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Rubber Roof

Interior Spaces

  • 3,808 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Exclusions: Seller and tenant personal property

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,542

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Three refrigerators and three oven/ranges
  • Directions: Center St east of 51st St, no sign
  • New Construction: No
  • Year Built: 1928
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 5029 W Center St #5031
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Full
  • Second Floor Total Sq Ft: 3808.00

Exterior Features

  • Exclusions: Seller and tenant personal property
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Indoor Space
  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: LB2 Business
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2019
  • Total Taxes: 2542.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Jan 29, 2021
Sold by
Case Property Management Llc
Bought by
V & N Nash Real Estate Group Llc
Seller's Agent
John Newland
TerraNova Real Estate
Buyer's Agent
Mia Scaffidi
RE/MAX Xpress
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$191,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,335
Avg. Annual Appreciation
7.85%
Original Mortgage
$121,500
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2018
Sold by
Matt Sass Homes Llc
Bought by
Case Property Management Llc

Purchase Details

Closed on
May 2, 2017
Sold by
51 Center Llc
Bought by
Matt Sass Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
4.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2000
Sold by
Wilson David A
Bought by
51/Center Llc
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
V & N Nash Real Estate Group Llc $135,000 None Available
Case Property Management Llc $100,000 Merit Title
Matt Sass Homes Llc $67,000 Chicago Title
51/Center Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open V & N Nash Real Estate Group Llc $124,000
Closed V & N Nash Real Estate Group Llc $121,500
Previous Owner Case Property Management Llc $92,800
Previous Owner Matt Sass Homes Llc $61,000
Previous Owner Matt Sass Homes Llc $14,000
Previous Owner 51/Center Llc $60,000
Closed Case Property Management Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $135,000 0.0% $35 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
10/14/2020 10/14/20 For Sale $135,000 -- $35 / 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 $9,728 $99,800 $3,600 $96,200
2023 $2,358 $99,800 $3,600 $96,200
2022 $5,551 $97,600 $3,600 $94,000
2021 $2,899 $97,600 $3,600 $94,000
2020 $2,779 $97,600 $3,600 $94,000
2019 $2,908 $104,000 $3,600 $100,400
2018 $2,990 $104,000 $3,600 $100,400
2017 $3,350 $112,000 $3,600 $108,400
2016 $6,882 $119,000 $3,600 $115,400
2015 -- $133,000 $3,600 $129,400
2014 -- $133,000 $3,600 $129,400
2013 -- $133,000 $3,600 $129,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Newland

    TerraNova Real Estate

    (414) 852-0921

    8 in this area

    502 Total Sales

    John Newland
    Section Image

  • M

    Buyer's Agent in 2021

    Mia Scaffidi

    RE/MAX

    Section Image
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Map

Source: Metro MLS

MLS Number: 1714766

Metro MLS

APN: 328-0337-000-0

Wisconsin Milwaukee County Milwaukee 53210 Uptown Milwaukee

5029 W Center St Unit 5031, Milwaukee, WI

This home is located at 5029 W Center St Unit 5031, Milwaukee, WI 53210 since 14 October 2020 and is currently estimated at $191,335, approximately $50 per square foot. This property was built in 1928. 5029 W Center St Unit 5031 is a home located in Milwaukee County with nearby schools including Milwaukee German Immersion School, Craig Montessori School, and La Escuela Fratney.

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