NOT LISTED FOR SALE

6507 N 55th St Unit 6509 Milwaukee, WI 53223

Graceland Neighborhood

Estimated Value: $181,115 - $195,000

5 Beds
3 Baths
2,040 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $175,000 $86 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,407/month

49 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Golda Meir School Rated A-
  • Bathroom on Main Level

About This Home

As of July 2024

Opportunity knocks! Great duplex for an owner occupied buyer or investor to add to their portfolio. Property features: 3BR/1BA lower unit, 2BR/1BA upper unit, and a partially finished basement with a half bathroom. Could be potential to create an official 1BR/1BA unit in lower? Huge driveway with 2.5 car garage and fenced back yard. All high efficiency furnaces and water heaters, only a few years old. Needs cosmetics, floors, paint, etc. If you're not afraid of doing some work, there's sweat equity to be created. Come see it today!

Last Agent to Sell the Property

Lor Vang

EXP Realty, LLC~MKE License #85560-94 Listed on: 04/05/2024

EXP Realty, LLC~MKE

Last Buyer's Agent

Maikou Yang

Homestead Realty, Inc License #92646-94

Homestead Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 1977

Lot Details

  • 7,405 Sq Ft Lot

Parking

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

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Bathroom on Main Level
  • 2,040 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller's personal belongings.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,573

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: (2) Refrigerators, (2) stove/range, (1) freezer in lower unit, (1) washer, (1) dryer
  • New Construction: No
  • Year Built: 1977
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 6507 N 55th STREET #6509
  • Lot Acreage: 0.17
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Bathroom Description: Half on Lower
  • Second Floor Total Sq Ft: 2040.00

Exterior Features

  • Exclusions: Seller's personal belongings.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Partial-Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.5
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 3573.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jul 8, 2024
Sold by
Xiong Pao
Bought by
Yang Kou
Seller's Agent
Lor Vang
EXP Realty, LLC~MKE
Buyer's Agent
Maikou Yang
Homestead Realty, Inc
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Views
120
Current Estimated Value
$187,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,319
Avg. Annual Appreciation
4.24%
Original Mortgage
$166,000
Outstanding Balance
$164,734
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$18,302

Purchase Details

Closed on
May 27, 2016
Sold by
Ly Bee and Ly Heather Y
Bought by
Xiong Pao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
3.61%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2016
Sold by
Ly Phia
Bought by
Ly Bee and Ly Heather Y

Purchase Details

Closed on
May 20, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Ly Phia

Purchase Details

Closed on
Mar 8, 2011
Sold by
Wells Fargo Bank N A
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 19, 2009
Sold by
Clark Phyllis M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 27, 2007
Sold by
Clark Phyllis M
Bought by
Ceaser Roderick M

Purchase Details

Closed on
Jun 28, 2002
Sold by
Gammon Richard W
Bought by
Caesar Roderick M and Clark Phyllis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,047
Interest Rate
6.79%
Mortgage Type
FHA
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
Yang Kou $175,000 Merit Title
Xiong Pao $65,000 Attorney
Ly Bee -- Attorney
Ly Phia -- Northwest Title Agency Inc
The Secretary Of Housing & Urban Develop $157,400 None Available
Wells Fargo Bank Na -- None Available
Ceaser Roderick M -- First American Title
Caesar Roderick M $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Kou $166,000
Previous Owner Xiong Pao $63,822
Previous Owner Caesar Roderick M $118,047
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $175,000 -7.8% $86 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $189,900 0.0% $93 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $189,900 -5.0% $93 / Sq Ft
04/05/2024 04/05/24 For Sale $199,900 -- $98 / 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 $4,465 $210,800 $8,600 $202,200
2023 $3,911 $165,500 $8,600 $156,900
2022 $3,625 $165,500 $8,600 $156,900
2021 $3,095 $129,800 $8,600 $121,200
2020 $3,138 $129,800 $8,600 $121,200
2019 $2,201 $99,800 $9,100 $90,700
2018 $2,352 $99,800 $9,100 $90,700
2017 $2,577 $97,100 $10,400 $86,700
2016 $2,535 $95,900 $10,400 $85,500
2015 -- $87,600 $10,400 $77,200
2014 -- $92,200 $10,400 $81,800
2013 -- $102,200 $10,400 $91,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lor Vang

    EXP Realty, LLC~MKE

    (414) 459-1655

    2 in this area

    77 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Maikou Yang

    Homestead Realty, Inc

    (414) 534-1965

    1 in this area

    39 Total Sales

    Section Image
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Map

Source: Metro MLS

MLS Number: 1870137

Metro MLS

APN: 139-0884-000-8

Wisconsin Milwaukee County Milwaukee 53223 Graceland

6507 N 55th St Unit 6509, Milwaukee, WI

This home is located at 6507 N 55th St Unit 6509, Milwaukee, WI 53223 since 05 April 2024 and is currently estimated at $187,529, approximately $91 per square foot. This property was built in 1977. 6507 N 55th St Unit 6509 is a home located in Milwaukee County with nearby schools including Barton Elementary School, Craig Montessori School, and Milwaukee German Immersion School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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