NOT LISTED FOR SALE

5834 W Madison St Unit 5834-A Milwaukee, WI 53214

East Allis Neighborhood

Estimated Value: $250,000 - $292,000

4 Beds
3 Baths
1,880 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $152,500 $81 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,862/month

22 Days on Market

About This Home

As of November 2019

Don't miss your chance at this great, 2-family investment property in West Allis! Cash flow from day one. Total monthly income of $1,500.00. Convenient location. This is a solid house that promises many years of investment returns. Schedule your showing today.

Last Listed By

Gerald Broitzman

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #85479-94 Listed on: 08/30/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Carport
  • 1 to 5 Parking Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 1,880 Sq Ft Home
  • 1.5-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and tenants personal property.

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Hawley Road to W Madison. East to property.
  • New Construction: No
  • Year Built: 1926
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 5834 W Madison STREET #5834-A
  • Lot Acreage: 0.12
  • 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: 1880.00

Exterior Features

  • Exclusions: Seller and tenants personal property.
  • Exterior Building Type: 1.5 Story
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Carport, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • School District: West Allis
  • Junior High Dist: West Allis

Lot Info

  • Zoning: RB-2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2018
  • Total Taxes: 3868.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Nov 14, 2019
Sold by
Urban Renewal Group Llc
Bought by
Retzlaff Isaiah
Seller's Agent
Gerald Broitzman
Shorewest Realtors, Inc.
Buyer's Agent
Marian Maher
Landro Milwaukee Realty
List Price
$152,500
Sold Price
$152,500
Total Days on Market
22
Current Estimated Value
$268,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,767
Avg. Annual Appreciation
10.77%
Original Mortgage
$149,737
Outstanding Balance
$134,101
Interest Rate
3.65%
Mortgage Type
FHA
Estimated Equity
$134,131

Purchase Details

Closed on
Apr 6, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Urban Renewal Group Llc

Purchase Details

Closed on
Dec 23, 2013
Sold by
Flagstar Bank Fsb
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Oct 8, 2008
Sold by
Arnold Scott and Arnold Lisa
Bought by
Arnold Scott and Arnold Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 2, 2008
Sold by
Berthold William M
Bought by
Arnold Scott and Arnold Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2008
Sold by
Arnold Scott and Arnold Lisa
Bought by
Arnold Scott and Arnold Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,837
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2008
Sold by
Arnold Pamela L
Bought by
Berthold William M and Arnold Tod Scott

Purchase Details

Closed on
Jun 7, 2007
Sold by
Berthold William M
Bought by
Arnold Pamela L and William M Berthold Irrevocable Personal

Purchase Details

Closed on
Jan 24, 2006
Sold by
Berthold Mary A and Berthold William M
Bought by
Berthold William M

Purchase Details

Closed on
May 18, 1999
Sold by
Berthold William M and Berthold Mary A
Bought by
Berthold Mary A

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Home in Milwaukee, WI

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
Retzlaff Isaiah $152,500 None Available
Urban Renewal Group Llc -- None Available
The Secretary Of Hud $162,100 None Available
Arnold Scott $163,000 None Available
Arnold Scott $81,500 None Available
Berthold William M -- None Available
Arnold Pamela L -- None Available
Berthold Mary A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Retzlaff Isaiah $149,737
Previous Owner Urban Renewal Group Lp $25,000
Previous Owner Arnold Marc C $31,000
Previous Owner Arnold Scott $106,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $152,500 0.0% $81 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $152,500 -- $81 / 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 $4,398 $143,200 $16,500 $126,700
2022 $3,987 $143,200 $16,500 $126,700
2021 $3,963 $143,200 $16,500 $126,700
2020 $4,215 $143,200 $16,500 $126,700
2019 $3,823 $143,200 $16,500 $126,700
2018 $3,869 $143,200 $16,500 $126,700
2017 $4,134 $143,200 $16,500 $126,700
2016 $3,847 $143,200 $16,500 $126,700
2015 $3,829 $143,200 $16,500 $126,700
2014 $4,093 $143,200 $16,500 $126,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1656548

Metro MLS

APN: 438-0286-000