NOT LISTED FOR SALE

5621 W Vance Place Milwaukee, WI 53216

Lincoln Creek Neighborhood

Estimated Value: $125,000 - $214,811

4 Beds
3 Baths
1,758 Sq Ft
$89/Sq Ft Est. Value

About This Home

This fully occupied 2/1 duplex is the perfect addition to your investment portfolio. It just needs your finishing touches. The seller is motivated. Tour, offer and close.

Last Agent to Sell the Property

Princess High

EXP Realty LLC-West Allis License #87979-94 Listed on: 02/14/2023

Last Buyer's Agent

Thomas McNeal

T McNeal Real Estate Services License #42715-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1932

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,758 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant's Personal Property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,459

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Refrigerators and 2 Stoves.
  • New Construction: No
  • Year Built: 1932
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 5621 W Vance PLACE
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1758.00

Exterior Features

  • Exclusions: Tenant's Personal Property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 2459.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Apr 28, 2023
Sold by
Legendary Trucking Llc
Bought by
Bias Natasha
Seller's Agent
Princess High
EXP Realty LLC-West Allis
Buyer's Agent
Thomas McNeal
T McNeal Real Estate Services
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Views
65
Current Estimated Value
$155,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,959
Avg. Annual Appreciation
14.42%
Original Mortgage
$82,500
Outstanding Balance
$80,177
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$77,026

Purchase Details

Closed on
May 6, 2022
Sold by
Rich Alice F
Bought by
Legendary Trucking Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2005
Sold by
Jeng Ching Ming and Jeng Sue Eng
Bought by
Rich Alice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
9.3%
Mortgage Type
Fannie Mae Freddie Mac
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
Bias Natasha $110,000 Merit Title
Legendary Trucking Llc $89,000 None Listed On Document
Rich Alice E $44,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bias Natasha $82,500
Previous Owner Legendary Trucking Llc $72,000
Previous Owner Rich Alice E $99,000
Closed Legendary Trucking Llc $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2023 06/04/23 Off Market $105,000 -- --
03/01/2023 03/01/23 Price Changed $105,000 -8.7% $60 / Sq Ft
02/14/2023 02/14/23 For Sale $115,000 -- $65 / 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 $5,145 $127,700 $3,300 $124,400
2023 $2,479 $104,900 $3,300 $101,600
2022 $2,459 $104,900 $3,300 $101,600
2021 $1,820 $71,900 $3,300 $68,600
2020 $1,972 $71,900 $3,300 $68,600
2019 $1,806 $66,700 $3,000 $63,700
2018 $1,837 $66,700 $3,000 $63,700
2017 $1,867 $64,300 $5,100 $59,200
2016 $2,098 $67,800 $5,100 $62,700
2015 $2,084 $67,800 $5,100 $62,700
2014 $1,952 $67,800 $5,100 $62,700
2013 -- $67,800 $5,100 $62,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Princess High

    EXP Realty LLC-West Allis

  • T

    Buyer's Agent in 2023

    Thomas McNeal

    T McNeal Real Estate Services

    (262) 765-1794

    2 in this area

    16 Total Sales

    Thomas McNeal
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Map

Source: Metro MLS

MLS Number: 1824711

Metro MLS

APN: 249-0001-200-0

Wisconsin Milwaukee County Milwaukee 53216 Lincoln Creek

5621 W Vance Place, Milwaukee, WI

Not Listed for Sale

MultiFamily

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