NOT LISTED FOR SALE

6616 N 56th St Unit 6618 Milwaukee, WI 53223

Graceland Neighborhood

Estimated Value: $156,246 - $194,000

4 Beds
2 Baths
1,758 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $122,500 $70 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,266/month

28 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

As of March 2022

Spacious duplex located on a tree lined street, near Brown Deer. Room to play in yard with nearly 1/4 acre! So much potential here with this amazing location and lot! Private driveway for extra parking, and a 2 car garage. Main floor offers an office/ dining room open to great room with built in cabinets. Eat in Kitchen with modern oak cabinets. Upstairs offers a kitchen with updated cabinets and a spacious great room/ dining room combination. Both units offer 2 bedrooms. Long term tenants would love to stay. $750 rent in each unit. Basement - perfect for storage. This could be a duplex, mother in law suite, or converted to a single family. Transport, schools, shops, and dining within easy reach. This is an ideal place to call home!

Last Agent to Sell the Property

Lisa Nevinski

Homestead Realty, Inc License #62470-94 Listed on: 01/12/2022

Last Buyer's Agent

David Mo

Venture Real Estate Group LLC License #92682-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1928

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,758 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,935

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Green Tree Rd to 60th St. South to home.
  • New Construction: No
  • Year Built: 1928
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 6616 N 56th STREET #6618
  • Lot Acreage: 0.23
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1758.00

Exterior Features

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

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.5

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: Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 1934.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Mar 31, 2022
Sold by
Carino Mitchelle
Bought by
First Three J Llc
Seller's Agent
Lisa Nevinski
Homestead Realty, Inc
Buyer's Agent
David Mo
Venture Real Estate Group LLC
List Price
$122,500
Sold Price
$122,500
Current Estimated Value
$178,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,562
Avg. Annual Appreciation
11.59%
Original Mortgage
$98,000
Outstanding Balance
$55,000
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$123,062

Purchase Details

Listed on
Jan 12, 2022
Closed on
Mar 30, 2022
Sold by
Unknown
Bought by
Carino Mitchelle
Seller's Agent
Lisa Nevinski
Homestead Realty, Inc
Buyer's Agent
David Mo
Venture Real Estate Group LLC
List Price
$122,500
Sold Price
$122,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Outstanding Balance
$55,000
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$123,062

Purchase Details

Closed on
Dec 9, 2016
Sold by
Buyers Edge Llc
Bought by
Midwest Commercial Fundings Llc

Purchase Details

Closed on
Jun 22, 2015
Sold by
Midwest Commercial Funding Llc
Bought by
Buyers Edge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 2014
Sold by
Ddd Holdings Llc
Bought by
Midwest Commercial Funding Llc

Purchase Details

Closed on
May 18, 2012
Sold by
Fm Investments Llc
Bought by
Ddd Holdings Llc

Purchase Details

Closed on
Mar 22, 2012
Sold by
Aurora Loan Services Llc
Bought by
Fm Investments Llc

Purchase Details

Closed on
Oct 18, 2011
Sold by
Mcleod Sophia A
Bought by
Aurora Loan Services 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
First Three J Llc $122,500 None Listed On Document
Carino Mitchelle $122,500 None Listed On Document
Midwest Commercial Fundings Llc -- None Available
Buyers Edge Llc $91,000 Attorney
Midwest Commercial Funding Llc -- None Available
Ddd Holdings Llc $60,000 None Available
Fm Investments Llc $10,000 None Available
Aurora Loan Services Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carino Mitchelle $98,000
Previous Owner Spf Holdings Llc $103,500
Previous Owner Buyers Edge Llc $85,250
Previous Owner Buyers Edge Llc $83,250
Previous Owner Buyers Edge Llc $91,000
Previous Owner Mcleod Sophia A $116,000
Previous Owner Mcleod Sophia A $109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $122,500 0.0% $70 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $122,500 -- $70 / 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 $3,554 $88,500 $9,900 $78,600
2023 $1,720 $72,800 $9,900 $62,900
2022 $2,766 $72,700 $9,900 $62,800
2021 $4,081 $76,800 $9,900 $66,900
2020 $4,236 $76,800 $9,900 $66,900
2019 $1,256 $59,800 $11,200 $48,600
2018 $1,723 $59,800 $11,200 $48,600
2017 $3,242 $63,000 $11,100 $51,900
2016 $3,652 $63,800 $11,100 $52,700
2015 -- $58,200 $11,100 $47,100
2014 -- $61,300 $11,100 $50,200
2013 -- $68,200 $11,100 $57,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1776432

Metro MLS

APN: 139-1421-000-8