NOT LISTED FOR SALE

6516 5th Ave Kenosha, WI 53143

Allendale Neighborhood

Estimated Value: $875,968

-- Bed
1 Bath
725 Sq Ft
$1,208/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $504,575 $696 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,474/month

4 Days on Market

Highlights

  • 0.29 Acre Lot
  • Forced Air Heating System
  • 4-minute walk to Baker Park Playground
  • Enclosed Parking

About This Home

As of July 2018

Solid investment property just a walk away from Lake Michigan and parks. Great income property with long term tenants. This all brick building features 8 units total with 4 (1 bedroom) and 4 (2 bedrooms). Recent improvements include new flat roof and new front sidewalk. All separate utilities except water and sewer.

Last Agent to Sell the Property

Veronica Flores

Coldwell Banker Real Estate One License #49877-94 Listed on: 05/07/2018

Last Buyer's Agent

Andrew Elovic

Berkshire Hathaway Home Services Epic Real Estate License #79673-94

Berkshire Hathaway Home Services Epic Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,483

Year Built

  • Built in 1964

Lot Details

  • 0.29

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Southport Elementary School
  • Lincoln Middle School
  • Tremper High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Multi-Level Property
  • 0.29 Acre Lot

Community Details

  • 8 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,483

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Head east to 65th Street then South on 5th Avenue.
  • New Construction: No
  • Year Built: 1964
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 6516 5th AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.29
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer
  • Has Basement: Laundry Facilities, Partial, Poured Concrete

Exterior Features

  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • Elementary School: Southport
  • High School: Tremper
  • Junior High Dist: Kenosha

Lot Info

  • Zoning: RM-1
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2017
  • Total Taxes: 10483.0

MLS Schools

  • Middle School: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jul 13, 2018
Sold by
City View Management Llc
Bought by
Allendale Apartments Llc
Seller's Agent
Veronica Flores
Coldwell Banker Real Estate One
Buyer's Agent
Andrew Elovic
Berkshire Hathaway Home Services Epic Real Estate
List Price
$504,575
Sold Price
$504,575
Current Estimated Value
$875,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,393
Avg. Annual Appreciation
7.85%
Original Mortgage
$300,000
Outstanding Balance
$260,570
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$615,398
Source: Public Records

Range of Values:

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Average Value
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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
Allendale Apartments Llc $504,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allendale Apartments Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $504,575 0.0% $696 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $504,575 -- $696 / 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 $10,397 $420,200 $40,700 $379,500
2023 $10,397 $420,200 $40,700 $379,500
2022 $10,498 $420,200 $40,700 $379,500
2021 $10,863 $420,200 $40,700 $379,500
2020 $11,075 $420,200 $40,700 $379,500
2019 $10,700 $420,200 $40,700 $379,500
2018 $10,518 $382,300 $40,700 $341,600
2017 $10,483 $382,300 $40,700 $341,600
2016 $10,271 $382,300 $40,700 $341,600
2015 $10,438 $374,400 $43,200 $331,200
2014 $10,395 $374,400 $43,200 $331,200
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Veronica Flores

    Coldwell Banker Real Estate One

  • A

    Buyer's Agent in 2018

    Andrew Elovic

    Berkshire Hathaway Home Services Epic Real Estate

    (262) 605-1500

    1 Total Sale

    Andrew Elovic
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Map

Source: Metro MLS

MLS Number: 1580073

Metro MLS

APN: 05-123-06-181-049

Wisconsin Kenosha County Kenosha 53143 Allendale

6516 5th Ave, Kenosha, WI

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