NOT LISTED FOR SALE

7022 W Silver Spring Dr Unit 7024 Milwaukee, WI 53218

Silver Spring Neighborhood

Estimated Value: $169,000 - $236,366

6 Beds
2 Baths
1,748 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $130,000 $74 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,394/month

165 Days on Market

About This Home

As of December 2021

This duplex is fully rented at a total of $1850/month with month to month leases. The seller has a portfolio of almost 400 properties available for purchase. Please contact for more information about this duplex and other properties that are still available.

Last Agent to Sell the Property

Holly Speranza

Root River Realty License #56826-90 Listed on: 06/19/2021

Last Buyer's Agent

Keyuan Bian

Homestead Realty, Inc License #81850-94

Homestead Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,451

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,748 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

$2,451

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: N 68th St to W Silver Spring Dr, west to property.
  • New Construction: No
  • Year Built: 1955
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 7022 W Silver Spring Dr #7024
  • Lot Acreage: 0.14
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1748.00

Exterior Features

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

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • 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: 2020
  • Total Taxes: 2451.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2014
Sold by
Smith Henry
Bought by
Anumbera Properties Llc
Total Days on Market
165
Current Estimated Value
$210,592

Purchase Details

Closed on
Sep 15, 2005
Sold by
Koepp Michael G and Koepp Isamary L
Bought by
Smith Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
9.96%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 18, 2003
Sold by
Schultz Brian M
Bought by
Koepp Michael G and Koepp Isamary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Schultz Michael F and Schultz Brian M
Bought by
Schultz Brian M

Purchase Details

Closed on
Jan 28, 2000
Sold by
Hahn Owen
Bought by
Schultz Michael and Schultz Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.08%
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
Anumbera Properties Llc $37,500 None Available
Smith Henry $138,000 --
Koepp Michael G $74,000 --
Schultz Brian M -- --
Schultz Michael $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dspm Llc $1,473,600
Closed Action Properties Llc $294,750
Previous Owner Smith Henry L $152,000
Previous Owner Smith Henry $131,100
Previous Owner Koepp Michael G $66,500
Previous Owner Schultz Michael $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $130,000 0.0% $74 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $130,000 -- $74 / 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
2023 $2,538 $107,400 $5,800 $101,600
2022 $2,818 $107,400 $5,800 $101,600
2021 $2,541 $96,500 $7,800 $88,700
2020 $2,525 $96,500 $7,800 $88,700
2019 $1,644 $63,100 $7,900 $55,200
2018 $1,641 $63,100 $7,900 $55,200
2017 $1,595 $58,400 $7,600 $50,800
2016 $1,549 $56,600 $7,600 $49,000
2015 -- $56,600 $7,600 $49,000
2014 -- $59,600 $7,600 $52,000
2013 -- $70,100 $7,600 $62,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Holly Speranza

    Root River Realty

  • Keyuan Bian

    Buyer's Agent in 2021

    Keyuan Bian

    Homestead Realty, Inc

    (414) 461-4040

    22 in this area

    103 Total Sales

    Keyuan Bian
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Map

Source: Metro MLS

MLS Number: 1747641

Metro MLS

APN: 175-0051-000-5

Wisconsin Milwaukee County Milwaukee 53218 Silver Spring

7022 W Silver Spring Dr Unit 7024, Milwaukee, WI

This home is located at 7022 W Silver Spring Dr Unit 7024, Milwaukee, WI 53218 since 19 June 2021 and is currently estimated at $210,592, approximately $120 per square foot. This property was built in 1955. 7022 W Silver Spring Dr Unit 7024 is a home located in Milwaukee County with nearby schools including Craig Montessori School, Milwaukee German Immersion School, and La Escuela Fratney.

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