NOT LISTED FOR SALE

6486 N 53rd St Unit 6488 Milwaukee, WI 53223

Graceland Neighborhood

Estimated Value: $208,000 - $253,113

6 Beds
4 Baths
2,520 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $118,000 $47 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,564/month

118 Days on Market

About This Home

As of May 2022

Built in 1978, this 2-unit property (duplex) offers a total of approximately 2520 finished square feet, total of six bedrooms, two full and two half baths,full unfinished basement and sits on an approximate 7260 sqft lot. Defects wereobserved on exterior siding, wood trim, exterior paint and landscaping, basement needs dry locking and defects on flooring on first floor.

Last Agent to Sell the Property

Sherry Price

REALHOME Services and Solutions, Inc. License #58600-90 Listed on: 01/11/2022

Last Buyer's Agent

Peaches Drummond

Coldwell Banker Realty License #90477-94

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: From north on N 52nd St toward W Hassel Ln,Turn left onto W Hassel Ln,Turn left onto N 53rd St Destination will be on the left
  • New Construction: No
  • Year Built: 1978
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 6486-6488 N 53rd St
  • Lot Acreage: 0.17
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2520.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3056.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
May 24, 2022
Sold by
Deutsche Bank National Trust Company
Bought by
762 Llc
Seller's Agent
Sherry Price
REALHOME Services and Solutions, Inc.
Buyer's Agent
Peaches Drummond
Coldwell Banker Realty
List Price
$118,000
Sold Price
$118,000
Total Days on Market
118
Current Estimated Value
$231,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,528
Avg. Annual Appreciation
23.67%
Original Mortgage
$105,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2021
Sold by
James Eric R
Bought by
Deutsche Bank National Trust Company and Soundview Home Loan Tr 2006 Opt5 Series

Purchase Details

Closed on
Mar 16, 2006
Sold by
Falkey Edwin G
Bought by
James Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
10.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 2004
Sold by
Obrenski James L and Obrenski Jean A
Bought by
Falkey Edwin G
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
762 Llc $118,000 Hale Leila H
Deutsche Bank National Trust Company -- None Available
James Eric R $157,000 None Available
Falkey Edwin G $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 762 Llc $150,000
Closed 762 Llc $105,000
Previous Owner James Eric R $141,300
Closed 762 Llc $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $118,000 0.0% $47 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $118,000 -- $47 / 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 $4,017 $170,000 $8,600 $161,400
2022 $3,975 $170,000 $8,600 $161,400
2021 $6,549 $116,800 $8,600 $108,200
2020 $5,539 $116,800 $8,600 $108,200
2019 $5,334 $94,800 $9,100 $85,700
2018 $4,168 $94,800 $9,100 $85,700
2017 $4,056 $92,200 $10,400 $81,800
2016 $4,508 $92,300 $10,400 $81,900
2015 -- $84,200 $10,400 $73,800
2014 -- $88,700 $10,400 $78,300
2013 -- $98,500 $10,400 $88,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1776486

Metro MLS

APN: 139-1062-000-7