NOT LISTED FOR SALE

Estimated Value: $269,000 - $292,640

-- Bed
-- Bath
1,725 Sq Ft
$166/Sq Ft Est. Value

About This Home

Here's your opportunity for a nice investment property or live in! Could be used/converted to a single family as well. Home needs some elbow grease, clean up, & paint, along with some other updates. This property is priced accordingly for condition. Upper unit is a spacious one bedroom, one full bath, with large living room and large kitchen that leads out to a private deck. First floor unit consists of 2 bedrooms, kitchen, living room dining room and full bath. Full basement for laundry. Separate utilities. Off street parking along with a one car garage. Not many this size/condition available. Could be a good cashflow property.

Last Agent to Sell the Property

Andrew Reid

Andrew's Realty Brokerage Phone: 414-852-7828 License #52842-90 Listed on: 02/21/2023

Last Buyer's Agent

Marie Moezen

Shorewest Realtors - South Metro License #86784-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,685

Year Built

  • Built in 1927

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Interior Spaces

  • 1,725 Sq Ft Home
  • 1.5-Story Property

Basement

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

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,685

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Milwaukee Ave east to 5th Ave, south to Menomonee, West to property.
  • New Construction: No
  • Year Built: 1927
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 624 Menomonee AVENUE
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1725.00

Exterior Features

  • Exterior Building Type: 1.5 Story
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

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

Utilities

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

Schools

  • School District: South Milwaukee
  • Middle School: South Milwaukee
  • High School: South Milwaukee
  • High School: South Milwaukee
  • Junior High Dist: South Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3685.0

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Cm Property Investments Llc
Bought by
Santiago Nicholas M
Current Estimated Value
$285,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 21, 2023
Closed on
Apr 6, 2023
Sold by
Borkowski Richard E
Bought by
Cm Property Investments Llc
Seller's Agent
Andrew Reid
Andrew's Realty
Buyer's Agent
Marie Moezen
Shorewest Realtors - South Metro
List Price
$189,900
Sold Price
$182,450
Premium/Discount to List
-$7,450
-3.92%
Views
341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.60%
Original Mortgage
$178,000
Interest Rate
5.76%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 17, 2008
Sold by
Gundrum Edward J and Gundrum Susan A
Bought by
Borkowski Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2002
Sold by
Jump Gregory K
Bought by
Gundrum Edward J and Gundrum Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,600
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage
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
Santiago Nicholas M $285,000 None Listed On Document
Cm Property Investments Llc $182,500 None Listed On Document
Borkowski Richard E $132,500 None Available
Gundrum Edward J $119,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santiago Nicholas M $15,700
Previous Owner Santiago Nicholas M $279,837
Previous Owner Cm Property Investments Llc $178,000
Previous Owner Borkowski Richard E $106,000
Previous Owner Gundrum Edward J $95,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2023 04/09/23 Off Market $189,900 -- --
02/23/2023 02/23/23 For Sale $189,900 -- $110 / 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 $1,928 $194,100 $55,200 $138,900
2023 $3,746 $194,100 $55,200 $138,900
2022 $3,896 $194,100 $55,200 $138,900
2021 $3,563 $132,000 $49,000 $83,000
2020 $3,790 $132,000 $49,000 $83,000
2019 $3,713 $132,000 $49,000 $83,000
2018 $3,709 $132,000 $49,000 $83,000
2017 $3,408 $132,000 $49,000 $83,000
2016 $3,272 $132,000 $49,000 $83,000
2015 $3,290 $132,000 $49,000 $83,000
2014 $3,211 $132,000 $49,000 $83,000
2013 $3,510 $132,000 $49,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1825589

Metro MLS

APN: 776-0282-000