NOT LISTED FOR SALE

6617 W Capitol Dr Unit 6617 Milwaukee, WI 53216

Dineen Park Neighborhood

Estimated Value: $264,914

-- Bed
-- Bath
3,808 Sq Ft
$70/Sq Ft Est. Value

About This Home

Many possibilities arise with this solid block and brick commercial building in a high visibility area of Milwaukee. First floor has its own private entrance, several office spaces, full kitchen, and two half baths. The 2nd floor has a private entrance as well, along with a lounge room, office, large room used as a sanctuary, dining area, and two half baths. Full basement for storage. Fenced back area comprising of 5-6 parking spaces. Newer roof. (5 years old) 2 furnaces/central air. Rents total 2635/month. A great opportunity for the discerning investor! . ********

Last Agent to Sell the Property

Don Cornelius

Coldwell Banker Realty License #73551-94 Listed on: 10/12/2022

Last Buyer's Agent

Ingrid Rudolph

EXP Realty, LLC~MKE License #78836-94

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1957

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned LB2, LB2

Home Design

  • 3,808 Sq Ft Home

Basement

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

Listing and Financial Details

  • Assessor Parcel Number 2650125000

Property Details

Property Type

Other

Est. Annual Taxes

$4,306

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.1
  • Directions: On Capitol Dr between 65th and 67th Sts.
  • Year Built: 1957
  • Special Features: None
  • Stories: 0

Interior Features

  • Has Basement: Full, Block
  • ResoLivingAreaSource: PublicRecords

Lot Info

  • Parcel #: 2650125000
  • Zoning Description: LB2
  • Zoning: LB2

Tax Info

  • Tax Annual Amount: 4305.51
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Oct 31, 2022
Sold by
Gupta Properties Llc
Bought by
Benford Real-Estate Llc
Seller's Agent
Don Cornelius
Coldwell Banker Realty
Buyer's Agent
Ingrid Rudolph
EXP Realty, LLC~MKE
List Price
$214,900
Views
2
Current Estimated Value
$264,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$138,750
Outstanding Balance
$134,549
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$130,365

Purchase Details

Closed on
Jul 1, 2005
Sold by
Zaire Nichole Properties Llc
Bought by
Gupta Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.74%
Mortgage Type
Commercial
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
Benford Real-Estate Llc $208,000 Merit Title
Gupta Properties Llc $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benford Real-Estate Llc $138,750
Previous Owner Gupta Properties Llc $178,000
Closed Benford Real-Estate Llc $111,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2023 01/10/23 Off Market $214,900 -- --
05/31/2022 05/31/22 For Sale $214,900 -- $56 / 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 $5,578 $193,500 $14,700 $178,800
2023 $3,956 $167,400 $14,700 $152,700
2022 $3,913 $167,400 $14,700 $152,700
2021 $4,433 $167,400 $14,700 $152,700
2020 $4,408 $167,400 $14,700 $152,700
2019 $4,200 $153,000 $14,700 $138,300
2018 $3,958 $153,000 $14,700 $138,300
2017 $4,169 $153,000 $14,700 $138,300
2016 $4,870 $170,000 $14,700 $155,300
2015 -- $170,000 $14,700 $155,300
2014 -- $170,000 $14,700 $155,300
2013 -- $170,000 $14,700 $155,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1770099

Metro MLS

APN: 265-0125-000-6