NOT LISTED FOR SALE

5512 W Burnham St Unit 5512 West Milwaukee, WI 53219

Estimated Value: $648,851

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

About This Home

Great solid building! All brick, each unit is 1 bed 1 bath. Heat is included so rents can be higher. Average units rented is about $800.Newer boilers, roof is newer in last 10 years, great location on busline! Close to West Allis and everything West Milwaukee has to offer! Some units have new carpeting, paint, light fixtures. Still room to build more sweat equity and increase your cash flow! These buildings are far and few between. Set your showing to view 3 units to start, the rest after accepted offer. You can also see the basement and common areas. Lock box with master key is on the back of the building to the left of the stairs.

Last Buyer's Agent

Todd Wage

Lannon Stone Realty LLC License #48875-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,675

Year Built

  • Built in 1930

Lot Details

  • 6,970

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Block Basement Construction
  • Laundry in Basement

Schools

  • West Milwaukee Middle School
  • West Allis Central High School

Additional Features

  • 6,970 Sq Ft Lot
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 4551195000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,675

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.16
  • Directions: 60th to Burnham east to property on North side of the road
  • Year Built: 1930
  • Special Features: None
  • Stories: 0

Interior Features

  • Has Basement: Full, Laundry Facilities, Partial, Block, None, Other

Utilities

  • Heating: Propane, Wood

Schools

  • High School: West Allis Central
  • Middle Or Junior School: West Milwaukee

Lot Info

  • Parcel #: 4551195000
  • Zoning Description: Multi
  • Zoning: Multi

Tax Info

  • Tax Annual Amount: 6675
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2023
Closed on
Jul 28, 2023
Sold by
Dg Homes Llc
Bought by
Burnham 2 Llc
Buyer's Agent
Todd Wage
Lannon Stone Realty LLC
List Price
$599,900
Views
16
Current Estimated Value
$648,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$460,000
Outstanding Balance
$449,282
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
$199,569

Purchase Details

Closed on
Apr 9, 2010
Sold by
South Community Organization Inc
Bought by
Phoenix Of Milw I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2001
Sold by
Kohorn Carol J and Kohorn Leslie Carol
Bought by
South Community Organization Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burnham 2 Llc $575,000 1St Service Title
Phoenix Of Milw I Llc $187,000 None Available
South Community Organization Inc $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnham 2 Llc $460,000
Previous Owner Phoenix Of Milw I Llc $197,000
Previous Owner South Community Organization Inc $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2023 08/13/23 Off Market $599,900 -- --
06/10/2023 06/10/23 Pending -- -- --
06/04/2023 06/04/23 For Sale $599,900 0.0% --
05/13/2023 05/13/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $599,900 -- --
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 $6,783 $569,400 $40,500 $528,900
2023 $6,783 $233,900 $28,500 $205,400
2022 $6,667 $233,900 $28,500 $205,400
2021 $6,581 $233,900 $28,500 $205,400
2020 $7,019 $233,900 $28,500 $205,400
2019 $7,255 $233,900 $28,500 $205,400
2018 $7,740 $233,900 $28,500 $205,400
2017 $7,491 $233,900 $28,500 $205,400
2016 $7,386 $233,900 $28,500 $205,400
2015 $11,733 $233,900 $28,500 $205,400
2014 $13,025 $240,000 $42,900 $197,100
2013 $8,728 $240,000 $42,900 $197,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1834022

Metro MLS

APN: 455-1195-000