NOT LISTED FOR SALE

5243 N 38th St Milwaukee, WI 53209

Old North Milwaukee Neighborhood

Estimated Value: $108,000 - $135,475

4 Beds
2 Baths
1,529 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $70,000 $46 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $835/month

45 Days on Market

About This Home

As of November 2021

Nice 2/2 Duplex Bungalow, Great investment for your portfolio or if you are just starting to purchase rentals. Already tenant occupied a nice turn key investment.

Last Agent to Sell the Property

Michael Zollicoffer

Infinity Realty License #79691-94 Listed on: 07/12/2021

Last Buyer's Agent

Andrew Lied

Venture Real Estate Group LLC License #91080-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,529 Sq Ft Home
  • 1.5-Story Property

Basement

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,614

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Villard to 38th Street and property is North on 38th Street.
  • New Construction: No
  • Year Built: 1926
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 5243 N 38th St
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1529.00

Exterior Features

  • Exterior Building Type: 1.5 Story
  • Exterior: Aluminum/Steel, Aluminum, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

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: 2020
  • Total Taxes: 1613.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Nov 11, 2021
Sold by
Kandarapally Christopher J
Bought by
Texas Holdings Llc
Seller's Agent
Michael Zollicoffer
Infinity Realty
Buyer's Agent
Andrew Lied
Venture Real Estate Group LLC
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$120,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,624
Avg. Annual Appreciation
15.19%
Original Mortgage
$56,000
Outstanding Balance
$37,417
Interest Rate
3.05%
Mortgage Type
Commercial
Estimated Equity
$81,702

Purchase Details

Closed on
Apr 12, 2004
Sold by
Margulius Bella
Bought by
Kandarpally Sunil

Purchase Details

Closed on
Mar 25, 2003
Sold by
Kandarapally Sunil M
Bought by
Kandarapally Christopher J

Purchase Details

Closed on
Apr 17, 1997
Sold by
Margulius Bella
Bought by
Kandarapally Sunil
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
Texas Holdings Llc $70,000 Proactive Title Solutions
Kandarpally Sunil -- --
Kandarapally Christopher J $15,000 --
Kandarapally Sunil $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Texas Holdings Llc $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $70,000 0.0% $46 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $70,000 -- $46 / 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 $2,100 $92,800 $4,000 $88,800
2023 $1,772 $75,000 $4,000 $71,000
2022 $1,712 $75,000 $4,000 $71,000
2021 $1,502 $59,800 $4,000 $55,800
2020 $1,614 $59,800 $4,000 $55,800
2019 $986 $43,300 $4,000 $39,300
2018 $1,053 $43,300 $4,000 $39,300
2017 $1,108 $43,300 $5,800 $37,500
2016 $3,153 $42,900 $5,800 $37,100
2015 $2,790 $42,900 $5,800 $37,100
2014 $2,755 $42,900 $5,800 $37,100
2013 -- $42,900 $5,800 $37,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Zollicoffer

    Seller's Agent in 2021

    Michael Zollicoffer

    Infinity Realty

    (414) 375-9790

    3 in this area

    87 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Andrew Lied

    Venture Real Estate Group LLC

    (262) 370-7834

    11 in this area

    124 Total Sales

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Map

Source: Metro MLS

MLS Number: 1752095

Metro MLS

APN: 192-0768-000-4

Wisconsin Milwaukee County Milwaukee 53209 Old North Milwaukee

5243 N 38th St, Milwaukee, WI

This home is located at 5243 N 38th St, Milwaukee, WI 53209 since 12 July 2021 and is currently estimated at $119,119, approximately $77 per square foot. This property was built in 1926. 5243 N 38th St is a home located in Milwaukee County with nearby schools including Craig Montessori School, Milwaukee German Immersion School, and La Escuela Fratney.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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