NOT LISTED FOR SALE

5938 N 61st St Unit 5940 Milwaukee, WI 53218

Silver Spring Neighborhood

Estimated Value: $183,000 - $245,000

6 Beds
2 Baths
1,884 Sq Ft
$112/Sq Ft Est. Value

About This Home

Great Investment Opportunity!! Both units has been fully gutted and renovated. No work needed here - both units are on a one year lease at $1445 to May 31,2024.

Last Agent to Sell the Property

Robin Gevaart

Realty Dynamics License #79179-94 Listed on: 07/06/2023

Last Buyer's Agent

Margaret Berens

First Weber Inc -NPW License #86308-94

First Weber Inc -NPW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1958

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller/Tenant's personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,108

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1958
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 5938 N 61st STREET #5940
  • Lot Acreage: 0.15
  • 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: 1884.00

Exterior Features

  • Exclusions: Seller/Tenant's personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Partial-Brick

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: RT2 Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3108.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 25, 2023
Sold by
Hill Travis
Bought by
Bugielski Rebecca and Bugielski Adam
Seller's Agent
Robin Gevaart
Realty Dynamics
Buyer's Agent
Margaret Berens
First Weber Inc -NPW
List Price
$259,900
Sold Price
$225,450
Premium/Discount to List
-$34,450
-13.26%
Total Days on Market
81
Views
39
Current Estimated Value
$211,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,277
Avg. Annual Appreciation
-3.82%
Original Mortgage
$169,000
Outstanding Balance
$166,423
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$44,750

Purchase Details

Closed on
Jan 5, 2023
Sold by
Rathell Marquin D
Bought by
Hill Travis

Purchase Details

Closed on
Nov 17, 2006
Sold by
H & J Rentals Llc
Bought by
Rathell Marquin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.65%

Purchase Details

Closed on
Jul 12, 2004
Sold by
Moncrieffe Hentzou and Moncrieffe Joann
Bought by
H & J Rentals Llc

Purchase Details

Closed on
Oct 26, 2000
Sold by
Kenneth Peter A
Bought by
Moncrieffe Hentzou F and Moncrieffe Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.58%

Purchase Details

Closed on
Dec 18, 1996
Sold by
Kinlow Frederick W and Kinlow Shirla L
Bought by
Kenneth Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,400
Interest Rate
7%
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
Bugielski Rebecca $225,500 None Listed On Document
Hill Travis $95,000 Merit Title
Rathell Marquin $115,000 None Available
H & J Rentals Llc -- --
Moncrieffe Hentzou F $53,000 --
Kenneth Peter A $50,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bugielski Rebecca $169,000
Previous Owner Rathell Marquin $92,000
Previous Owner Moncrieffe Hentzou F $42,400
Previous Owner Kenneth Peter A $40,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2023 10/08/23 Off Market $229,900 -- --
09/25/2023 09/25/23 Pending -- -- --
08/27/2023 08/27/23 Price Changed $229,900 -8.0% $122 / Sq Ft
08/10/2023 08/10/23 Price Changed $249,900 -3.8% $133 / Sq Ft
07/06/2023 07/06/23 For Sale $259,900 -- $138 / 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 $2,606 $110,300 $4,300 $106,000
2022 $3,133 $110,300 $4,300 $106,000
2021 $2,386 $89,800 $4,300 $85,500
2020 $2,325 $89,800 $4,300 $85,500
2019 $1,958 $67,000 $4,600 $62,400
2018 $1,902 $67,000 $4,600 $62,400
2017 $1,981 $59,500 $6,900 $52,600
2016 $2,016 $59,000 $6,900 $52,100
2015 -- $56,100 $6,900 $49,200
2014 -- $59,000 $6,900 $52,100
2013 -- $69,400 $6,900 $62,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robin Gevaart

    Realty Dynamics

    (262) 468-8192

    11 in this area

    73 Total Sales

    Robin Gevaart
    Section Image

  • M

    Buyer's Agent in 2023

    Margaret Berens

    First Weber Inc -NPW

    (262) 443-2132

    3 in this area

    34 Total Sales

    Margaret Berens
    Section Image
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Map

Source: Metro MLS

MLS Number: 1841180

Metro MLS

APN: 174-0148-000-5

Wisconsin Milwaukee County Milwaukee 53218 Silver Spring

5938 N 61st St Unit 5940, Milwaukee, WI

This home is located at 5938 N 61st St Unit 5940, Milwaukee, WI 53218 since 06 July 2023 and is currently estimated at $211,173, approximately $112 per square foot. This property was built in 1958. 5938 N 61st St Unit 5940 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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