NOT LISTED FOR SALE

Estimated Value: $319,000 - $404,000

4 Beds
2 Baths
2,739 Sq Ft
$131/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $265,000 $97 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,448/month

3 Days on Market

About This Home

As of January 2021

This Washington Heights duplex has the original charm and character throughout plus a recently finished 3rd level offering additional living space. Both units feature beautiful hardwood flooring, woodwork, built-in's and central A/C. The finished 3rd level has vaulted ceilings, skylights and adds an additional bedroom, full bath and bonus area to the upper unit. The private fenced yard leads to a spacious garage. Both front and rear porches were recently rebuilt. Great for investment or let the long term tenant help cover costs and owner occupy this beauty! Won't last long...call today.

Last Agent to Sell the Property

Troy Miller

Homestead Realty, Inc License #47247-90 Listed on: 12/17/2020

Homestead Realty, Inc

Last Buyer's Agent

Chris Slinker

Berkshire Hathaway HomeServices Metro Realty License #56238-90

Berkshire Hathaway HomeServices Metro Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,739 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units
  • Washington Heights Subdivision

Listing and Financial Details

  • Exclusions: Seller's and tenant's personal property, lower unit appliances.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,622

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 1 stove, 1 refrigerator, 1 microwave, 1 dishwasher, 1 washer, 1 dryer (all appliances upper unit)
  • Directions: North on N. Hawley Rd from W. Vliet to W. Cherry St, east to property.
  • New Construction: No
  • Year Built: 1923
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 5407 W Cherry St #5409
  • Lot Acreage: 0.11
  • 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: 2739.00

Exterior Features

  • Exclusions: Seller's and tenant's personal property, lower unit appliances.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Other

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • 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 Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2019
  • Total Taxes: 4622.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 25, 2021
Sold by
Hoelzer Carolyn J
Bought by
Rainy Michael S
Seller's Agent
Troy Miller
Homestead Realty, Inc
Buyer's Agent
Chris Slinker
Berkshire Hathaway HomeServices Metro Realty
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$360,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,159
Avg. Annual Appreciation
7.04%
Original Mortgage
$265,000
Outstanding Balance
$239,590
Interest Rate
2.67%
Mortgage Type
VA
Estimated Equity
$119,764

Purchase Details

Closed on
Jun 9, 2014
Sold by
Lamb Susan M
Bought by
Hoelzer Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2008
Sold by
Mcguire Mainville Llc
Bought by
Lamb Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,919
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
Mcguire Richard D and Mcguire Mary Lou
Bought by
Mcguire Mainville Llc

Purchase Details

Closed on
Apr 4, 2004
Sold by
Mcguire Mainville Llc
Bought by
Mcguire Richard D and Mcguire Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2003
Sold by
Merlet Jean E and Holmes Jean E
Bought by
Mcguire Mainville Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
4.75%
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
Rainy Michael S $265,000 None Available
Hoelzer Carolyn J $182,000 None Available
Lamb Susan M $179,000 None Available
Mcguire Mainville Llc -- --
Mcguire Richard D -- --
Mcguire Mainville Llc $136,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainy Michael S $265,000
Previous Owner Hoelzer Carolyn J $168,600
Previous Owner Hoelzer Carolyn J $176,215
Previous Owner Hoelzer Carolyn J $172,900
Previous Owner Lamb Susan M $153,746
Previous Owner Lamb Susan M $163,919
Previous Owner Mcguire Richard D $117,900
Previous Owner Mcguire Mainville Llc $118,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $265,000 0.0% $97 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $265,000 -- $97 / 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
2023 $5,437 $230,100 $16,900 $213,200
2022 $5,406 $230,100 $16,900 $213,200
2021 $5,020 $193,700 $16,900 $176,800
2020 $4,994 $193,700 $16,900 $176,800
2019 $4,622 $155,100 $18,100 $137,000
2018 $3,946 $155,100 $18,100 $137,000
2017 $3,885 $145,000 $6,900 $138,100
2016 $4,715 $166,900 $6,900 $160,000
2015 -- $159,500 $6,900 $152,600
2014 -- $141,400 $6,900 $134,500
2013 -- $141,400 $6,900 $134,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1721775

Metro MLS

APN: 346-1891-000-X