NOT LISTED FOR SALE

5252 S Packard Ave Cudahy, WI 53110

Estimated Value: $789,046

30 Beds
1 Bath
14,000 Sq Ft
$56/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $600,000 $43 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,236/month

3 Days on Market

About This Home

As of August 2021

Completely refurbished 30 unit rooming house available in Cudahy. The property had a fire on September 5th, 2020. The damage from the fire displaced all residents. Smoke damage cause by fire lead to a complete interior refurbishment. As of June 2021, the building is ready for occupancy.Improvements include:Newer boiler, New tapered rubber membrane roof - 2020, New flooring and finishes throughout every room - 2020, New fire-rated door to each room, Full bath on each level, New fire alarm panel

Last Agent to Sell the Property

Patrick McGlinn

Anderson Commercial Group, LLC License #85418-94 Listed on: 07/06/2021

Last Buyer's Agent

Adam McCarthy

Smart Asset Realty Inc License #58319-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,977

Year Built

  • Built in 1970

Lot Details

  • 871 Sq Ft Lot

Home Design

  • Rooming House
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 14,000 Sq Ft Home
  • Multi-Level Property

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Cudahy Middle School
  • Cudahy High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 30 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,977

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: 794 to Layton, East to Packard, 10 blocks south on Packard to the property.
  • New Construction: No
  • Year Built: 1970
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 5252 S Packard Ave
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.02
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Water Heater
  • Has Basement: Full, Walk Out/Outer Door
  • Interior Amenities: Water Softener
  • Second Floor Total Sq Ft: 14000.00

Exterior Features

  • Exterior Building Type: Rooming House
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • High School: Cudahy
  • Junior High Dist: Cudahy

Lot Info

  • Zoning: S2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 10976.66

MLS Schools

  • Middle School: Cudahy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 31, 2021
Sold by
Hbh Properties Llc
Bought by
Ck 4 Real Estate Llc
Seller's Agent
Patrick McGlinn
Anderson Commercial Group, LLC
Buyer's Agent
Adam McCarthy
Smart Asset Realty Inc
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$789,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,046
Avg. Annual Appreciation
6.66%
Original Mortgage
$450,000
Outstanding Balance
$284,412
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$506,373

Purchase Details

Closed on
Aug 18, 2000
Sold by
Klinedorf David
Bought by
Hbh Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ck 4 Real Estate Llc $600,000 Knight Barry Title Inc
Hbh Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ck 4 Real Estate Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $600,000 0.0% $43 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $600,000 -- $43 / 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 $13,082 $809,200 $112,500 $696,700
2023 $11,852 $599,400 $112,500 $486,900
2022 $11,921 $428,700 $112,500 $316,200
2021 $9,162 $428,700 $112,500 $316,200
2020 $10,908 $428,700 $112,500 $316,200
2019 $11,149 $428,700 $112,500 $316,200
2018 $11,541 $428,700 $112,500 $316,200
2017 $11,674 $428,700 $112,500 $316,200
2016 $11,649 $428,700 $112,500 $316,200
2015 $11,908 $428,700 $112,500 $316,200
Source: Public Records

Agents Affiliated with this Home

  • Patrick McGlinn

    Seller's Agent in 2021

    Patrick McGlinn

    Anderson Commercial Group, LLC

    (414) 858-5221

    1 in this area

    22 Total Sales

    Patrick McGlinn
    Section Image
  • Adam McCarthy

    Buyer's Agent in 2021

    Adam McCarthy

    Smart Asset Realty Inc

    (414) 241-8931

    4 in this area

    164 Total Sales

    Adam McCarthy
    Section Image
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Map

Source: Metro MLS

MLS Number: 1750573

Metro MLS

APN: 635-0341-000

Wisconsin Milwaukee County Cudahy 53110

5252 S Packard Ave, Cudahy, WI

Not Listed for Sale

MultiFamily

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