NOT LISTED FOR SALE

515 Madison Ave Unit A/B South Milwaukee, WI 53172

Historic Lakeview Neighborhood

Estimated Value: $263,714 - $316,000

-- Bed
-- Bath
1,802 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $200,000 $111 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,708/month

96 Days on Market

About This Home

As of November 2021

Gorgeous completely remodeled in 2012 duplex steps away from Grant park. Both upper and lower have newer flooring, cabinets, bathrooms, and fixtures. In 2012 was completely gutted to the studs. New insulation, drywall, siding , most windows, roofing, flooring, trim, kitchens and bathrooms. Most mechanicals were replaced at that time. Great investment. Both units have tenants with good rental income. Lower unit is MTM and upper is in a 1 year lease Lower unit is rented at $1,075 and is responsible for grass and snow (except upper units parking spot). Upper unit is rented at $950. Garage has separate utilities. Water is shared and paid by owner.

Last Agent to Sell the Property

David M Szymanski

Milwaukee Executive Realty, LLC License #74932-94 Listed on: 06/18/2021

Last Buyer's Agent

Brett Jump

Realty Executives Integrity NorthShore License #84838-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,222

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,802 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Owner and Tenants personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,222

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Refrigerators, 2 Stoves, 2 Washer and 2 Dryers
  • Directions: HWY32 to Madison. Madison East to property
  • New Construction: No
  • Year Built: 1925
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 515 Madison AVENUE #A/B
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1802.00

Exterior Features

  • Exclusions: Owner and Tenants personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Opener Included, 1 Car
  • Garage Spaces: 1.5
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • High School: South Milwaukee
  • Junior High Dist: South Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 4221.74

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Nov 4, 2021
Sold by
Design And Sold Llc
Bought by
Unal Enes
Seller's Agent
David M Szymanski
Milwaukee Executive Realty, LLC
Buyer's Agent
Brett Jump
Realty Executives Integrity NorthShore
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$289,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,929
Avg. Annual Appreciation
9.78%
Original Mortgage
$170,000
Outstanding Balance
$155,536
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$134,393

Purchase Details

Closed on
Sep 10, 2012
Sold by
Milwaukee House Buyers Llc
Bought by
Design & Sold Llc

Purchase Details

Closed on
Aug 23, 2012
Sold by
Syrios David
Bought by
Milwaukee House Buyers Llc

Purchase Details

Closed on
Jan 11, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Syrios David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2007
Sold by
Williams Ashley
Bought by
Hsbc Bank Usa Na and Home Equity Loan Trust Series Ace 2006-H

Purchase Details

Closed on
Oct 24, 2005
Sold by
Williams Daniel E
Bought by
Williams Daniel E and Williams Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 6, 2003
Sold by
Prelesnik Sara A
Bought by
Williams Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2003
Sold by
Santi James M
Bought by
Williams Daniel E and Prelesnik Sara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
5.62%
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
Unal Enes $200,000 Knight Barry Title Inc
Design & Sold Llc $25,000 None Available
Milwaukee House Buyers Llc $2,500 None Available
Syrios David $95,000 None Available
Hsbc Bank Usa Na -- None Available
Williams Daniel E -- --
Williams Daniel E $50,300 --
Williams Daniel E $116,500 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unal Enes $170,000
Previous Owner Syrios David $79,200
Previous Owner Williams Daniel E $140,000
Previous Owner Williams Daniel E $93,200
Closed Williams Daniel E $23,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $200,000 0.0% $111 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $200,000 -- $111 / 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 $2,194 $209,500 $50,400 $159,100
2023 $4,315 $209,500 $50,400 $159,100
2022 $4,336 $209,500 $50,400 $159,100
2021 $4,281 $148,000 $43,000 $105,000
2020 $4,222 $148,000 $43,000 $105,000
2019 $4,164 $148,000 $43,000 $105,000
2018 $4,023 $148,000 $43,000 $105,000
2017 $3,959 $148,000 $43,000 $105,000
2016 $3,678 $148,000 $43,000 $105,000
2015 $3,698 $148,000 $43,000 $105,000
2014 $3,609 $148,000 $43,000 $105,000
2013 $3,376 $127,000 $43,000 $84,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David M Szymanski

    Milwaukee Executive Realty, LLC

    (414) 708-0098

    1 in this area

    6 Total Sales

    David M Szymanski
    Section Image

  • B

    Buyer's Agent in 2021

    Brett Jump

    Realty Executives Integrity NorthShore

See All Agents

Map

Source: Metro MLS

MLS Number: 1747175

Metro MLS

APN: 771-0405-000

Wisconsin Milwaukee County South Milwaukee 53172 Historic Lakeview

515 Madison Ave Unit A/B, South Milwaukee, WI

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