NOT LISTED FOR SALE

701 Monroe Ave Unit A South Milwaukee, WI 53172

Historic Lakeview Neighborhood

Estimated Value: $224,869 - $266,000

-- Bed
-- Bath
1,439 Sq Ft
$166/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $160,000 $111 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,499/month

40 Days on Market

About This Home

As of December 2021

Cute Duplex in need of it's new owner! Lower is tenant occupied and hosts 2 bedrooms, LR, Kitchen and Sun Porch. Upper offers LR, Kitchen, 1 bedroom and full bathroom. Fenced in yard and 2 car garage on corner lot! Close to amenities. Schedule your showing today!

Last Agent to Sell the Property

Chris Slinker

Berkshire Hathaway HomeServices Metro Realty License #56238-90 Listed on: 11/03/2021

Berkshire Hathaway HomeServices Metro Realty

Last Buyer's Agent

Carlos Betancourt

Realty Experts License #70613-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1905

Lot Details

  • 3,485

Parking

  • 2.5 Car Detached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,439 Sq Ft Home
  • 1.5-Story Property

Basement

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

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Additional Features

  • 3,485 Sq Ft Lot
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller/Tenant's Personal Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,094

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Refrigerators; 2 Oven/Range; 1 Washer; 1 Dryer; 2 Disposals; 2 Window A/C units
  • Directions: South Chicago to Milwaukee Ave to 7th Ave, Go North one Block to Monroe
  • New Construction: No
  • Year Built: 1905
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 701 Monroe Ave #A
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Brick, Full
  • Second Floor Total Sq Ft: 1439.00

Exterior Features

  • Exclusions: Seller/Tenant's Personal Property
  • Exterior Building Type: 1.5 Story
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

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

Utilities

  • Utilities: 1 Electric Meter, 1 Gas Meter
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • High School: South Milwaukee
  • Junior High Dist: South Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3093.78

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 10, 2021
Sold by
Oemig Rachel M and Klein Rachel Oemig
Bought by
Torres Miguel Angel Mercado
Seller's Agent
Chris Slinker
Berkshire Hathaway HomeServices Metro Realty
Buyer's Agent
Carlos Betancourt
Realty Experts
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$239,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,467
Avg. Annual Appreciation
10.86%
Original Mortgage
$157,102
Outstanding Balance
$144,454
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$95,013

Purchase Details

Closed on
Jan 18, 2002
Sold by
Morris William John and Morris Tammy Jo
Bought by
Oemig Rachel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,100
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
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
Torres Miguel Angel Mercado $160,000 Porter Title Llc
Oemig Rachel M $97,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Miguel Angel Mercado $157,102
Previous Owner Oemig Rachel M $88,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $160,000 0.0% $111 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $160,000 -- $111 / 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 $2,871 $165,300 $50,400 $114,900
2023 $5,824 $165,300 $50,400 $114,900
2022 $5,051 $165,300 $50,400 $114,900
2021 $3,360 $115,000 $43,000 $72,000
2020 $3,312 $115,000 $43,000 $72,000
2019 $3,266 $115,000 $43,000 $72,000
2018 $3,155 $115,000 $43,000 $72,000
2017 $3,103 $115,000 $43,000 $72,000
2016 $2,841 $115,000 $43,000 $72,000
2015 $2,856 $115,000 $43,000 $72,000
2014 $2,787 $115,000 $43,000 $72,000
2013 $3,195 $115,000 $43,000 $72,000
Source: Public Records

Agents Affiliated with this Home

  • Chris Slinker

    Seller's Agent in 2021

    Chris Slinker

    Berkshire Hathaway HomeServices Metro Realty

    (414) 745-8540

    2 in this area

    529 Total Sales

    Chris Slinker
    Section Image

  • C

    Buyer's Agent in 2021

    Carlos Betancourt

    Realty Experts

    (414) 241-7292

    2 in this area

    13 Total Sales

    Carlos Betancourt
    Section Image
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Map

Source: Metro MLS

MLS Number: 1770594

Metro MLS

APN: 771-0245-000

Wisconsin Milwaukee County South Milwaukee 53172 Historic Lakeview

701 Monroe Ave Unit A, South Milwaukee, WI

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