NOT LISTED FOR SALE

Estimated Value: $553,000

-- Bed
-- Bath
7,730 Sq Ft
$72/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $840,000 $109 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $4,171/month

22 Days on Market

Highlights

  • 0.73 Acre Lot
  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Enclosed Parking

About This Home

As of January 2022

Multi-family apartment property consisting of ten (10) total units including a six (6) unit apartment building, as well as a four (4) unit apartment building. Of the ten (10) units, there are nine (9), one (1) bedroom, one (1) bath units and one (1), two (2) bedroom, one (1) bath unit. There is also a separate twelve (12) unit garage building that is part of the sale and could be an additional value add income generator. Both buildings occupied. Front six (6) unit building is serviced with a gas boiler and rear four (4) unit building is serviced with gas fired furnaces/air condition units. Property is located within walking distance to the Downtown Kenosha area, as well as Lake Michigan, and Library Park. Sale consists of two (2) separate and legally distinct parcels of land.

Last Agent to Sell the Property

Andrew Pitts

Pitts Brothers & Associates, LLC License #83453-94 Listed on: 12/01/2021

Last Buyer's Agent

Jeremy Doering

Doering & Co Real Estate, LLC License #58165-90

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $14,641

Year Built

  • Built in 1920

Lot Details

  • 0.73 Acre Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 7,730 Sq Ft Home
  • Multi-Level Property
  • Partial Basement

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Brass Community Elementary School
  • Tremper High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 10 Units

Listing and Financial Details

  • Exclusions: Tenant's or seller's personal property.

Property Details

Home Type

Apartment

Est. Annual Taxes

$14,641

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Range/oven, refrigerators, air conditioning units.
  • Directions: Property located along the east side of 7th Avenue, just south of 61st Street.
  • New Construction: No
  • Year Built: 1920
  • Cleared Acreage: 1/2 to 1
  • Full Street Address: 6215 7th Ave
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.73
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer
  • Has Basement: Partial
  • Second Floor Total Sq Ft: 7730.00

Exterior Features

  • Exclusions: Tenant's or seller's personal property.
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Indoor Space
  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2, 3 - 4

Schools

  • School District: Kenosha
  • Elementary School: Brass Community
  • High School: Tremper
  • Elementary School: Brass Community
  • High School: Tremper
  • Junior High Dist: Kenosha

Lot Info

  • Zoning: RM-2
  • Acreage Range: 0.5 to .99

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number 2: 05-123-06-107-039
  • Total Taxes: 14641.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 14, 2022
Sold by
6215 7Th Ave Llc A Wisconsin Limited L
Bought by
Arend & Co Llc A Wisconsin Limited Lia
Seller's Agent
Andrew Pitts
Pitts Brothers & Associates, LLC
Buyer's Agent
Jeremy Doering
Doering & Co Real Estate, LLC
List Price
$840,000
Sold Price
$840,000
Total Days on Market
22
Current Estimated Value
$553,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$287,000

Purchase Details

Closed on
Jul 25, 2017
Sold by
Brandt Thomas
Bought by
6215 7Th Ave Llc A Wisconsin Limited L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
3.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Arend & Co Llc A Wisconsin Limited Lia $840,000 Landmark Title Kenosha
6215 7Th Ave Llc A Wisconsin Limited L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 6215 7Th Ave Llc $1,480,000
Previous Owner Brandt Thomas L $867,963
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $840,000 0.0% $109 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $840,000 -- $109 / 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 $12,903 $521,000 $80,000 $441,000
2023 $13,029 $521,000 $80,000 $441,000
2022 $13,029 $521,000 $80,000 $441,000
2021 $13,483 $521,000 $80,000 $441,000
2020 $13,747 $521,000 $80,000 $441,000
2019 $13,281 $521,000 $80,000 $441,000
2018 $13,057 $477,900 $54,600 $423,300
2017 $13,122 $477,900 $54,600 $423,300
2016 $12,857 $477,900 $54,600 $423,300
2015 $12,055 $432,000 $57,100 $374,900
2014 $12,005 $432,000 $57,100 $374,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1774776

Metro MLS

APN: 05-123-06-107-052