NOT LISTED FOR SALE

5668 N 87th St Unit 5672 Milwaukee, WI 53225

Silver Swan Neighborhood

Estimated Value: $204,000 - $261,682

6 Beds
3 Baths
2,161 Sq Ft
$105/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $132,500 $61 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,524/month

146 Days on Market

About This Home

As of June 2022

This 3/3 Townhome style two family is now available. This duplex is fully rented at a total of $1945/month with month to month leases. Each unit also features 1.5 bathrooms and was fully renovated several years ago and has continued to be maintained and updated as needed since then. Property is being sold in AS IS Condition.

Last Agent to Sell the Property

Holly Speranza

Root River Realty License #56826-90 Listed on: 01/01/2022

Last Buyer's Agent

Sarah Ogutu

Coldwell Banker Realty License #94856-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,096

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,161 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants' Personal Items

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,096

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: W Silver Spring Dr to N 87th St, north to property.
  • New Construction: No
  • Year Built: 1063
  • Cleared Acreage: Less than 1/2
  • Architecture: Townhouse
  • Full Street Address: 5668 N 87th STREET #5672
  • Lot Acreage: 0.18
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2161.00

Exterior Features

  • Exclusions: Tenants' Personal Items
  • Exterior: Vinyl

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: RT1
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3096.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2022
Closed on
Jun 1, 2022
Sold by
Acme Properties Llc
Bought by
Ignatius G Ogutu And Elizabeth T Kassa-Ogutu
Seller's Agent
Holly Speranza
Root River Realty
Buyer's Agent
Sarah Ogutu
Coldwell Banker Realty
List Price
$132,500
Sold Price
$132,500
Current Estimated Value
$226,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,671
Avg. Annual Appreciation
17.31%
Original Mortgage
$99,375
Outstanding Balance
$94,414
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$131,757

Purchase Details

Closed on
Jan 29, 2021
Sold by
Mackximus Llc
Bought by
Acme Properties Llc

Purchase Details

Closed on
Mar 21, 2020
Sold by
Henderson Yvette Aileen
Bought by
Mackximus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 25, 2016
Sold by
Wells Fargo Bank N A
Bought by
Henderson Yvette Ailean

Purchase Details

Closed on
Jul 16, 2013
Sold by
Leclair Joshua J and Leclair Joshua
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 29, 2003
Sold by
Salinel Joel and Salinel Vicky V
Bought by
Leclair Joshua J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,441
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 1996
Sold by
Haack Michael L
Bought by
Salinel Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,300
Interest Rate
7.11%
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
Ignatius G Ogutu And Elizabeth T Kassa-Ogutu $132,500 None Listed On Document
Acme Properties Llc $350,000 None Available
Mackximus Llc $84,000 None Available
Henderson Yvette Ailean $32,000 Boston National Title Agency
Wells Fargo Bank Na -- None Available
Leclair Joshua J $139,000 --
Salinel Joel $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ignatius G Ogutu And Elizabeth T Kassa-Ogutu $99,375
Previous Owner Mackximus Llc $84,000
Previous Owner Leclair Joshua J $135,441
Previous Owner Salinel Joel $76,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $132,500 0.0% $61 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
01/01/2022 01/01/22 For Sale $132,500 -- $61 / 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 $3,836 $171,100 $8,900 $162,200
2023 $3,797 $160,700 $11,100 $149,600
2022 $3,753 $160,700 $11,100 $149,600
2021 $3,229 $121,200 $11,400 $109,800
2020 $3,097 $121,200 $11,400 $109,800
2019 $3,034 $102,100 $9,200 $92,900
2018 $2,575 $102,100 $9,200 $92,900
2017 $2,506 $94,500 $10,200 $84,300
2016 $3,803 $89,200 $10,200 $79,000
2015 -- $99,000 $10,200 $88,800
2014 -- $99,000 $10,200 $88,800
2013 -- $99,000 $10,200 $88,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1778448

Metro MLS

APN: 177-0111-000-5