NOT LISTED FOR SALE

703 E Locust St Unit 705 Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $220,000 - $342,485

4 Beds
2 Baths
2,304 Sq Ft
$115/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $148,750 $65 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,880/month

7 Days on Market

Highlights

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

About This Home

As of December 2021

Perfect for investors or home buyers to make this Riverwest duplex your own! Centrally located on a spacious lot. Come see it today.

Last Agent to Sell the Property

Suzanne Powers Realty Group*

Powers Realty Group License #55380-90 Listed on: 11/03/2021

Last Buyer's Agent

Abby Wall

Keller Williams Realty-Milwaukee North Shore License #89806-94

Keller Williams Realty-Milwaukee North Shore

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and Tenants Personal Property

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Two Ovens, 2 Refrigerators, 1 Washer, 1 Dryer
  • Directions: Corner of Pierce and Locust, West of Humboldt
  • New Construction: No
  • Year Built: 1913
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 703 E Locust St #705
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2304.00

Exterior Features

  • Exclusions: Seller and Tenants Personal Property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0

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: RES
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 4826.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 6, 2021
Sold by
Tempar Llc
Bought by
Munger Nick and Ploof Ryan
Seller's Agent
Suzanne Powers Realty Group*
Powers Realty Group
Buyer's Agent
Abby Wall
Keller Williams Realty-Milwaukee North Shore
List Price
$148,750
Sold Price
$148,750
Current Estimated Value
$265,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,121
Avg. Annual Appreciation
16.42%
Original Mortgage
$116,250
Outstanding Balance
$108,452
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$157,419

Purchase Details

Closed on
Dec 4, 2013
Sold by
Parsons Rhoda S and Parsons Sanford B
Bought by
Tempar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2002
Sold by
Olson Timothy
Bought by
Parsons Sanford B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2001
Sold by
Walker Rentals Llc
Bought by
Olson Timothy

Purchase Details

Closed on
Dec 29, 2000
Sold by
Tri Property Management Llc
Bought by
Walker Rentals 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
Munger Nick $148,800 None Listed On Document
Tempar Llc -- None Available
Parsons Sanford B $142,000 --
Olson Timothy $92,900 --
Walker Rentals Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munger Nick $116,250
Previous Owner Tempar Llc $2,500,000
Previous Owner Parsons Sanford B $113,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $148,750 0.0% $65 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $148,750 -- $65 / 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 $5,644 $250,000 $32,800 $217,200
2023 $5,279 $223,400 $32,800 $190,600
2022 $3,563 $152,700 $32,800 $119,900
2021 $4,849 $184,500 $32,800 $151,700
2020 $4,826 $184,500 $32,800 $151,700
2019 $3,312 $111,200 $33,200 $78,000
2018 $2,810 $111,200 $33,200 $78,000
2017 $2,738 $103,000 $33,200 $69,800
2016 $4,281 $102,200 $33,200 $69,000
2015 -- $99,000 $33,200 $65,800
2014 -- $99,000 $33,200 $65,800
2013 -- $99,000 $33,200 $65,800
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Powers Realty Group*

    Seller's Agent in 2021

    Suzanne Powers Realty Group*

    Powers Realty Group

    (414) 870-7175

    11 in this area

    1,071 Total Sales

    Suzanne Powers Realty Group*
    Section Image
  • Abby Wall

    Buyer's Agent in 2021

    Abby Wall

    Keller Williams Realty-Milwaukee North Shore

    (414) 400-2709

    11 in this area

    79 Total Sales

    Abby Wall
    Section Image
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Map

Source: Metro MLS

MLS Number: 1770622

Metro MLS

APN: 314-0292-000-1

Wisconsin Milwaukee County Milwaukee 53212 Riverwest

703 E Locust St Unit 705, Milwaukee, WI

This home is located at 703 E Locust St Unit 705, Milwaukee, WI 53212 since 03 November 2021 and is currently estimated at $265,871, approximately $115 per square foot. This property was built in 1913. 703 E Locust St Unit 705 is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

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