NOT LISTED FOR SALE

625 Madison Ave South Milwaukee, WI 53172

Historic Lakeview Neighborhood

Estimated Value: $263,000 - $304,000

-- Bed
-- Bath
2,166 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $196,900 $91 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,669/month

5 Days on Market

About This Home

As of February 2022

Investment property located in quiet neighborhood. Perfect location on a double lot. Close to parks, restaurants, and shopping. Both units are currently rented out for $800 per unit. Both have been long term renters. Both units have 2 bedrooms, 1 bathroom, kitchen, dining room, and living room. Upper unit has extra den area and large walk in pantry. Many updates throughout the house include: Electrical and plumbing. Lower kitchen and bath remodeled. New windows, gutters, soffit and fascia, front porch steps, concrete sidewalks and parking slab, glass block windows, both water heaters, and insulation throughout attic. Both units recently painted and new carpeting installed in upper unit. Each unit will include stove and refrigerator. Lower unit also includes washer and dryer.

Last Agent to Sell the Property

Angelo Fazio

Buyers Vantage License #52408-94 Listed on: 02/10/2022

Last Buyer's Agent

Judy Pemberton

Keller Williams-MNS Wauwatosa License #39864-90

Keller Williams-MNS Wauwatosa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,750

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 3 Car Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,166 Sq Ft Home
  • 2-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

Listing and Financial Details

  • Exclusions: Seller's and Tenant's Personal Property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,750

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Stove & Refrigerator in Each Unit. Washer & Dryer for Lower Unit.
  • Directions: Rawson Ave East; South to Madison; East to Property.
  • New Construction: No
  • Year Built: 1900
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 625 Madison Ave
  • Lot Acreage: 0.17
  • 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: 2166.00

Exterior Features

  • Exclusions: Seller's and Tenant's Personal Property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None, 3 Car
  • Garage Spaces: 3.0
  • Garage/Parking: 1 Space

Utilities

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

Schools

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

Lot Info

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

Tax Info

  • Tax Year: 2021
  • Total Taxes: 3750.32

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Feb 8, 2022
Sold by
Dekeyser Samuel J and Dekeyser Casandra
Bought by
Markowiak Przemyslaw
Seller's Agent
Angelo Fazio
Buyers Vantage
Buyer's Agent
Judy Pemberton
Keller Williams-MNS Wauwatosa
List Price
$196,900
Sold Price
$196,900
Current Estimated Value
$285,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,369
Avg. Annual Appreciation
10.66%

Purchase Details

Closed on
Sep 30, 2019
Sold by
Marien Justin G
Bought by
Dekeyser Samuel J and Dekeyser Casandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,900
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2015
Sold by
Portfolio Llc
Bought by
Marien Justin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,570
Interest Rate
4.03%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2013
Sold by
Theisen David R
Bought by
Portfolio Llc
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
Markowiak Przemyslaw $10,000 None Listed On Document
Dekeyser Samuel J $136,900 None Available
Marien Justin G $106,500 Attorney
Portfolio Llc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dekeyser Samuel J $101,900
Previous Owner Marien Justin G $104,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $196,900 0.0% $91 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $196,900 -- $91 / 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 $2,019 $191,900 $64,800 $127,100
2023 $3,970 $191,900 $64,800 $127,100
2022 $3,985 $191,900 $64,800 $127,100
2021 $3,750 $129,000 $49,000 $80,000
2020 $3,698 $129,000 $49,000 $80,000
2019 $3,647 $129,000 $49,000 $80,000
2018 $3,523 $129,000 $49,000 $80,000
2017 $3,466 $129,000 $49,000 $80,000
2016 $3,196 $129,000 $49,000 $80,000
2015 $3,213 $129,000 $49,000 $80,000
2014 $3,136 $129,000 $49,000 $80,000
2013 $3,572 $129,000 $49,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Angelo Fazio

    Buyers Vantage

  • J

    Buyer's Agent in 2022

    Judy Pemberton

    Keller Williams-MNS Wauwatosa

    (414) 550-3093

    1 in this area

    8 Total Sales

    Judy Pemberton
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Map

Source: Metro MLS

MLS Number: 1779684

Metro MLS

APN: 771-0302-000

Wisconsin Milwaukee County South Milwaukee 53172 Historic Lakeview

625 Madison Ave, South Milwaukee, WI

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