NOT LISTED FOR SALE

6401 W Layton Ave Milwaukee, WI 53220

Estimated Value: $459,000

7 Beds
4 Baths
3,218 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $429,000 $133 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,960/month

86 Days on Market

About This Home

As of May 2021

This commercial/residential mixed use property located on the Layton Ave sees plenty of traffic daily. The 3200 sqft building sits on nearly an acre of land. The interior has tons of natural light, an open interior, large rooms and is ready for your creative use. In this fast developing strip of Layton Avenue it is the perfect location for almost any business.

Last Agent to Sell the Property

John Hartfiel

Hartfiel Realty License #90-56406 Listed on: 02/28/2021

Last Buyer's Agent

Non-Member Account

RANW Non-Member Account

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,840

Year Built

  • 1986

Lot Details

  • 0.7 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Block Foundation
  • Stone Siding
  • Stucco

Interior Spaces

  • 3,218 Sq Ft Home
  • 2-Story Property

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,840

Year Built

1986

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Duplex (2 Unit)
  • Stylebuilding Type: 2 Story, Multi-Level
  • Total Units: 2
  • Unit Identifier: City of Greenfield
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 3218
  • Sq Ft Total Fin Above And Below: 3218
  • Price Per Sq Ft: 133.31

Exterior Features

  • Exterior Finish Of Building: Stone, Stucco
  • Foundation For Building: Block

Garage/Parking

  • Number Of Total Parking Outside: 6
  • Building Parking: Outside

Utilities

  • Heating Cooling: Central A/C, Forced Air
  • Heating Fuel Type: Natural Gas, Wood
  • Number Of Ac Units: 1
  • Number Of Furnaces: 1
  • Number of Ranges: 2
  • Number Of Water Heaters: 1
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water
  • Monthly Water Expense: 1986

Schools

  • School District: Greenfield

Lot Info

  • Estimated Acres: 0.7
  • Zoning: Commercial
  • Geo Address Line: 6401 W Layton Ave
  • Geo Primary City: Greenfield
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 6189994000
  • Tax Net Amt: 8840.25
  • Tax Year: 2020

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Total Numberof Buildings: 1
  • Bedrooms: 5

MLS Schools

  • School District: Greenfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
May 26, 2021
Sold by
Karis Joel A and Karis Terri A
Bought by
Oen Headlight Holdings Llc
Seller's Agent
John Hartfiel
Hartfiel Realty
Buyer's Agent
Non-Member Account
RANW Non-Member Account
List Price
$475,000
Sold Price
$429,000
Premium/Discount to List
-$46,000
-9.68%
Current Estimated Value
$459,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,000
Original Mortgage
$940,000
Outstanding Balance
$873,287
Interest Rate
2.93%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 9, 2009
Sold by
Kraczek Louis
Bought by
Karls Terri A and Karls Joel A

Purchase Details

Closed on
Aug 29, 2007
Sold by
Karls Terri A
Bought by
Karls Joel A and Karls Terri A

Purchase Details

Closed on
Dec 30, 2005
Sold by
Kraczek Louis
Bought by
Karls Joel A and Karls Terri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac
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
Oen Headlight Holdings Llc $429,000 Dominion Ttl & Exchange Svcs
Karls Terri A -- None Available
Karls Joel A -- None Available
Karls Joel A $224,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Headllight Hgoling Sllc $940,000
Closed Oen Headlight Holdings Llc $25,000
Previous Owner Karls Terri A $0
Previous Owner Karls Joel A $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $429,000 -9.7% $133 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $475,000 -- $148 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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
2021 $7,194 $266,500 $84,700 $181,800
2020 $7,839 $266,500 $84,700 $181,800
2019 $7,737 $266,500 $84,700 $181,800
2018 $7,569 $266,500 $84,700 $181,800
2017 $8,892 $266,500 $84,700 $181,800
2016 $7,706 $266,500 $84,700 $181,800
2015 $7,974 $266,500 $84,700 $181,800
2014 $9,146 $266,500 $84,700 $181,800
2013 -- $266,500 $84,700 $181,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50235999

REALTORS® Association of Northeast Wisconsin

APN: 618-9994-000