NOT LISTED FOR SALE

5854 N 62nd St Unit 5856 Milwaukee, WI 53218

Silver Spring Neighborhood

Estimated Value: $165,000 - $847,766

6 Beds
2 Baths
2,052 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 03, 2021

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

Est. 168% increase in value since last sale

Current estimated payment $2,113/month

158 Days on Market

About This Home

As of December 2021

This 3/3 duplex in Silver Spring Neighborhood is now available. The building is fully rented for $1,775/month and ready for a new landlord to take the reigns. 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

  • $2,623

Year Built

  • Built in 1957

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • 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 Items

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,623

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: N 60th St to W Bobolink Ave, west to N 61st St, south to property.
  • New Construction: No
  • Year Built: 1957
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 5854 N 62nd St #5856
  • 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 Items
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Brick, 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: 2623.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Dec 3, 2021
Sold by
Action 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
$348,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,192
Avg. Annual Appreciation
30.89%
Original Mortgage
$1,456,000
Outstanding Balance
$1,352,483
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
-$1,018,947

Purchase Details

Closed on
Jan 5, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Action Properties Llc

Purchase Details

Closed on
Oct 8, 2014
Sold by
Allen Angelena
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
May 9, 2003
Sold by
Wesley Insurance Agency Corp
Bought by
Allen Angelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
9.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1999
Sold by
Konkel Charles R and Konkel Betty Jane
Bought by
Wesley Insurance Agency Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,600
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in Milwaukee, WI

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Range of Values:

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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 $650,000 None Listed On Document
Action Properties Llc $30,900 1St Service Title & Closing
Nationstar Mortgage Llc -- None Available
Allen Angelena $91,000 --
Wesley Insurance Agency Corp $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dspm Llc $1,456,000
Previous Owner Action Properties Llc $990,000
Previous Owner Allen Angelena C $61,700
Previous Owner Allen Angelena $118,800
Previous Owner Allen Angelena $94,500
Previous Owner Allen Angelena $81,900
Previous Owner Wesley Insurance Agency Corp $37,600
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 $3,181 $134,600 $3,800 $130,800
2022 $4,220 $134,600 $3,800 $130,800
2021 $2,714 $103,100 $3,800 $99,300
2020 $2,733 $103,100 $3,800 $99,300
2019 $2,277 $73,700 $3,800 $69,900
2018 $1,915 $73,700 $3,800 $69,900
2017 $1,787 $65,400 $6,100 $59,300
2016 $1,776 $64,500 $6,100 $58,400
2015 -- $61,200 $6,100 $55,100
2014 -- $64,500 $6,100 $58,400
2013 -- $75,800 $6,100 $69,700
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: 1749133

Metro MLS

APN: 174-0351-000-9

Wisconsin Milwaukee County Milwaukee 53218 Silver Spring

5854 N 62nd St Unit 5856, Milwaukee, WI

This home is located at 5854 N 62nd St Unit 5856, Milwaukee, WI 53218 since 26 June 2021 and is currently estimated at $348,192, approximately $169 per square foot. This property was built in 1957. 5854 N 62nd St Unit 5856 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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