NOT LISTED FOR SALE

5816 N 62nd St Unit 5818 Milwaukee, WI 53218

Silver Spring Neighborhood

Estimated Value: $156,000 - $204,609

6 Beds
2 Baths
2,052 Sq Ft
$83/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $130,000 $63 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,135/month

158 Days on Market

About This Home

As of December 2021

Well kept, Awesome, 3/3 duplex with 1 bathroom in each unit is very desirable with tenants. The building is fully rented and ready for a new landlord to take the reigns or even Home Owner Occupant to build your own real estate empire! The seller is retiring and has 400 properties to sell. Buy separately or create a package deal. At this price...buy more! Call today to schedule your showing and make an offer before it is too late!

Last Agent to Sell the Property

Holly Speranza

Root River Realty License #56826-90 Listed on: 06/26/2021

Last Buyer's Agent

Keyuan Bian

Homestead Realty, Inc License #81850-94

Homestead Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,401

Year Built

  • Built in 1957

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,401

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Head North on N 60th St, West to W Carmen Ave, North to N 62nd St to property
  • New Construction: No
  • Year Built: 1957
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 5816 N 62nd St #5818
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2052.00

Exterior Features

  • Exclusions: Tenants 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 Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 2401.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Dec 3, 2021
Sold by
Atunna Properties Llc
Bought by
Dspm Llc
Seller's Agent
Holly Speranza
Root River Realty
Buyer's Agent
Keyuan Bian
Homestead Realty, Inc
List Price
$130,000
Sold Price
$130,000
Total Days on Market
158
Current Estimated Value
$170,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,902
Avg. Annual Appreciation
8.13%
Original Mortgage
$1,456,000
Outstanding Balance
$1,349,757
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
-$1,178,855

Purchase Details

Closed on
Aug 17, 2011
Sold by
Fannie Mae
Bought by
Atunna Properties Llc

Purchase Details

Closed on
Aug 18, 2010
Sold by
Lee Charles Tou and Her Yer
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 31, 2003
Sold by
Tri Corp Housing Inc
Bought by
Lee Charles Tou and Her Yer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,897
Interest Rate
5.76%
Mortgage Type
FHA
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
Dspm Llc $260,000 None Listed On Document
Atunna Properties Llc -- None Available
Federal National Mortgage Association -- None Available
Lee Charles Tou $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dspm Llc $1,456,000
Previous Owner Lee Charles Tou $15,071
Previous Owner Her Yer $100,000
Previous Owner Lee Charles Tou $63,897
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $130,000 0.0% $63 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $130,000 -- $63 / 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 $2,739 $115,900 $3,800 $112,100
2022 $2,761 $115,900 $3,800 $112,100
2021 $2,491 $94,600 $3,800 $90,800
2020 $2,521 $94,600 $3,800 $90,800
2019 $2,105 $67,900 $3,800 $64,100
2018 $1,765 $67,900 $3,800 $64,100
2017 $1,647 $60,300 $6,100 $54,200
2016 $1,641 $59,800 $6,100 $53,700
2015 -- $56,800 $6,100 $50,700
2014 -- $59,800 $6,100 $53,700
2013 -- $70,400 $6,100 $64,300
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Holly Speranza

    Root River Realty

  • Keyuan Bian

    Buyer's Agent in 2021

    Keyuan Bian

    Homestead Realty, Inc

    (414) 461-4040

    22 in this area

    103 Total Sales

    Keyuan Bian
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Map

Source: Metro MLS

MLS Number: 1749127

Metro MLS

APN: 174-0345-000-6

Wisconsin Milwaukee County Milwaukee 53218 Silver Spring

5816 N 62nd St Unit 5818, Milwaukee, WI

This home is located at 5816 N 62nd St Unit 5818, Milwaukee, WI 53218 since 26 June 2021 and is currently estimated at $170,902, approximately $83 per square foot. This property was built in 1957. 5816 N 62nd St Unit 5818 is a home located in Milwaukee County with nearby schools including Craig Montessori School, Milwaukee German Immersion School, and La Escuela Fratney.

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