NOT LISTED FOR SALE

512 E North Ave Unit 514 Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $282,000 - $312,365

6 Beds
2 Baths
2,953 Sq Ft
$102/Sq Ft Est. Value

Highlights

  • 2 Car Detached Garage
  • Asbestos
  • 4-minute walk to Kilbourn Reservoir Park
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

BACK ON MARKET DUE TO FAILURE OF BUYERS FINANCING 2nd TIME! Close proximity to downtown, x-way, and Lake Michigan. Light, bright spacious duplex ready for new owner. Each unit offers 3 bedrooms, bonus room generous kitchens + pantry plus hardwood floors. Newer roof, some new windows, lower bathroom updated with ceramic tile/glass block window. Attic and basement provide generous storage. Enclosed backyard for seasonal entertainment. SELLER PREFERS OWNER OCCUPIED BUYER OR LOCAL RESIDENT NEIGHBORHOOD INVESTOR. WHEN SUBMITTING OFFER PLEASE PROVIDE INFORMATION REGARDING BUYER-OWNER OCCUPIED OR LOCAL INVESTOR?

Last Buyer's Agent

Medina Real Estate Team*

Keller Williams Realty-Milwaukee Southwest License #78624-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1894

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding
  • Asbestos

Interior Spaces

  • 2,953 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Sellers/tenants personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,020

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 ranges, 2 refrigerators,
  • Directions: North Ave to address
  • New Construction: No
  • Year Built: 1894
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 512 E North AVENUE #514
  • Lot Acreage: 0.09
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Brick, Full, Poured Concrete
  • Second Floor Total Sq Ft: 2953.00

Exterior Features

  • Exclusions: Sellers/tenants personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Asbestos/Asphalt, Wood

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

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 4020.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
May 15, 2023
Sold by
512-14 East North Llc
Bought by
Asian Poke Bowl Inc
Buyer's Agent
Medina Real Estate Team*
Keller Williams Realty-Milwaukee Southwest
List Price
$174,900
Sold Price
$167,500
Premium/Discount to List
-$7,400
-4.23%
Views
154
Current Estimated Value
$300,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,591
Avg. Annual Appreciation
27.63%

Purchase Details

Closed on
Mar 31, 2016
Sold by
Johnson Stephen A
Bought by
512-514 East North Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2006
Sold by
Salis Donald K
Bought by
Johnson Stephen A

Purchase Details

Closed on
Nov 5, 1997
Sold by
Albergo Sadie
Bought by
Salis Donald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,700
Interest Rate
7.38%
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
Asian Poke Bowl Inc $167,500 None Listed On Document
512-514 East North Llc -- None Available
Johnson Stephen A $90,000 None Available
Salis Donald K $31,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 512-514 East North Llc $400,000
Previous Owner Salis Donald K $28,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Off Market $174,900 -- --
05/09/2023 05/09/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $174,900 0.0% $59 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $174,900 -- $59 / 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 $5,399 $239,300 $18,500 $220,800
2023 $4,974 $210,500 $18,500 $192,000
2022 $3,570 $153,000 $18,500 $134,500
2021 $4,033 $153,000 $17,500 $135,500
2020 $3,929 $153,000 $17,500 $135,500
2019 $2,823 $111,200 $21,600 $89,600
2018 $2,810 $111,200 $21,600 $89,600
2017 $2,840 $103,000 $21,600 $81,400
2016 $5,396 $97,400 $21,600 $75,800
2015 -- $101,200 $21,600 $79,600
2014 -- $94,600 $21,600 $73,000
2013 -- $94,600 $21,600 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1824334

Metro MLS

APN: 321-1206-000-5