NOT LISTED FOR SALE

516 E Potter Ave Milwaukee, WI 53207

Estimated Value: $398,000 - $424,000

5 Beds
3 Baths
2,368 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $162,500 $69 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,873/month

144 Days on Market

About This Home

As of September 2014

Bayview, WI ATTN INVESTORS.Turn Key Operation One tax record two homes on one lot with 3 rentals. Great rents over 10% return on your money. Cottage in back has newer roof, hot water heater and furnace. Kitchen with wains coating, updated bath and fresh coat of paint!Close to parks, restaurants,shops,downtown & schools. See MLS #1358644 for info on Duplex.Pictures reflect fresh paint, new wains coating in kitchen prior to tenants moving in. All room sizes estimated. 2 homes for the price of 1 AS IS

Last Agent to Sell the Property

Tracy Nowacki

EXIT Realty Horizons-Tosa License #52233-90 Listed on: 04/14/2014

EXIT Realty Horizons-Tosa

Last Buyer's Agent

Lori Gavin

Gavin Brothers Auctioneers LLC License #51982-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,157

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Composition Roof

Basement

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

Listing and Financial Details

  • Tenant pays for electricity, heat, gas
  • The owner pays for water
  • Assessor Parcel Number 4990914000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,157

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.08
  • Directions: kinicinic Ave (Hwy 32) To Potter ave, to home on the right.
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Has Basement: Block, Full
  • Basement YN: Yes

Exterior Features

  • Construction Type: Other
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Near Public Transit

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 4990914000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2017
Sold by
Machi Properties Potter Llc
Bought by
Machi Properties Llc
Current Estimated Value
$413,212

Purchase Details

Listed on
Apr 14, 2014
Closed on
Sep 5, 2014
Sold by
Odgers Monica A
Bought by
Machi Properties Potter Llc
Seller's Agent
Tracy Nowacki
EXIT Realty Horizons-Tosa
Buyer's Agent
Lori Gavin
Gavin Brothers Auctioneers LLC
List Price
$175,000
Sold Price
$162,500
Premium/Discount to List
-$12,500
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$121,875
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2004
Sold by
Barrett Elizabeth A and Eggleston Rebecca J
Bought by
Odgers Monica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,630
Interest Rate
5.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Machi Properties Llc -- None Available
Machi Properties Potter Llc $162,500 Advantage America Title
Odgers Monica A $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machi Properties Llc $600,000
Previous Owner Machi Properties Potter Llc $121,875
Previous Owner Odgers Monica A $130,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $162,500 0.0% $69 / Sq Ft
09/05/2014 09/05/14 Sold $162,500 -7.1% $69 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
09/05/2014 09/05/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $175,000 0.0% $74 / Sq Ft
04/14/2014 04/14/14 For Sale $175,000 -- $74 / 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 $8,157 $359,600 $48,700 $310,900
2023 $6,749 $285,600 $48,700 $236,900
2022 $6,727 $285,600 $48,700 $236,900
2021 $7,418 $285,000 $29,100 $255,900
2020 $7,383 $285,000 $29,100 $255,900
2019 $5,865 $205,100 $20,000 $185,100
2018 $5,240 $205,100 $20,000 $185,100
2017 $5,526 $205,100 $7,500 $197,600
2016 $5,249 $185,500 $7,500 $178,000
2015 $4,869 $168,600 $7,500 $161,100
2014 $3,804 $129,600 $7,500 $122,100
2013 -- $129,600 $7,500 $122,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tracy Nowacki

    EXIT Realty Horizons-Tosa

    (414) 940-7869

    3 Total Sales

    Tracy Nowacki
    Section Image
  • Lori Gavin

    Buyer's Agent in 2014

    Lori Gavin

    Gavin Brothers Auctioneers LLC

    (608) 963-0969

    56 Total Sales

    Lori Gavin
    Section Image
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Map

Source: Metro MLS

MLS Number: 1358642

Metro MLS

APN: 499-0914-000-4

Wisconsin Milwaukee County Milwaukee 53207

516 E Potter Ave, Milwaukee, WI

This home is located at 516 E Potter Ave, Milwaukee, WI 53207 since 14 April 2014 and is currently estimated at $413,212, approximately $174 per square foot. 516 E Potter Ave is a home located in Milwaukee County with nearby schools including Milwaukee Spanish Immersion School - Upper Campus, Milwaukee German Immersion School, and Craig Montessori School.

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