NOT LISTED FOR SALE

720 Minnesota Ave South Milwaukee, WI 53172

Historic Lakeview Neighborhood

Estimated Value: $362,287

-- Bed
-- Bath
4,000 Sq Ft
$91/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $315,000 $79 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,167/month

72 Days on Market

About This Home

As of January 2024

Excellent turn key investment opportunity in coveted location just steps to Lake Michigan, Grant Park Beach/Golf Course & Oak Leaf Trail. Whether you're an owner occupant looking to build equity or an experienced investor looking to expand your portfolio w/cash flow & diversification, this is an easy choice! Meticulously maintained 4-family loaded w/updates including newer tear off roof, siding & windows. Each unit has charm & character & spacious living rooms, eat-in kitchens, private balconies. Unit #1 has fireplace & 3-season porch. Full walk-up attic,Clean basement, Separate utilities.100% occupied, great long term tenants w/MTM leases. Rents are below current market rate & could be higher w/needed adjustment. An excellent addition to any portfolio, new investors & experienced alike.

Last Agent to Sell the Property

Donna Schoessow

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #53430-94 Listed on: 10/25/2023

Shorewest Realtors, Inc.

Last Buyer's Agent

Amanda Kuss

Compass RE WI-Tosa License #83514-94

Compass RE WI-Tosa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,061

Year Built

  • Built in 1926

Lot Details

  • 0.25 Acre Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Tenant and Seller's personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,061

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 4 - Ranges, 4 - Refrigerators
  • Directions: Rawson Avenue to Chicago Avenue, south to Minnesota Ave., east to the property. 720 Minnesota Ave., South Milwaukee, Wi 53172
  • New Construction: No
  • Year Built: 1926
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 720 Minnesota AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.25
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 4000.00

Exterior Features

  • Exclusions: Tenant and Seller's personal property.
  • Exterior Building Type: Apartment Building, Duplex +
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

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

Lot Info

  • Zoning: RB-RE
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 6061.0

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2025
Sold by
Graham Curtis A
Bought by
Graham Curtis A and Graham Sarah A
Current Estimated Value
$362,287

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jan 26, 2024
Sold by
Rutledge Matthew
Bought by
Graham Curtis A
Seller's Agent
Donna Schoessow
Shorewest Realtors, Inc.
Buyer's Agent
Amanda Kuss
Compass RE WI-Tosa
List Price
$349,900
Sold Price
$315,000
Premium/Discount to List
-$34,900
-9.97%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$17,000
Interest Rate
6.1%

Purchase Details

Closed on
Oct 18, 2019
Sold by
Rosewood Properties Of Wisconsin Llc
Bought by
Rutledge Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,800
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2015
Sold by
Damask Richard R and Damask Kathleen
Bought by
Rosewood Properties Of Wisconsin Llc

Purchase Details

Closed on
May 15, 2001
Sold by
Townson/Mann Investments Llp
Bought by
Damask Richard R and Damask Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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Average Value
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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
Graham Curtis A -- None Listed On Document
Graham Curtis A $315,000 None Listed On Document
Rutledge Matthew $244,900 None Available
Rosewood Properties Of Wisconsin Llc -- Attorney
Damask Richard R $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham Curtis A $17,000
Previous Owner Graham Curtis A $252,000
Previous Owner Rutledge Matthew $170,800
Previous Owner Damask Richard R $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2024 01/30/24 Sold $315,000 -10.0% $79 / Sq Ft
10/25/2023 10/25/23 For Sale $349,900 -- $87 / 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 $3,134 $263,900 $61,400 $202,500
2023 $6,107 $263,900 $61,400 $202,500
2022 $6,062 $263,900 $61,400 $202,500
2021 $6,002 $187,000 $55,000 $132,000
2020 $5,927 $187,000 $55,000 $132,000
2019 $5,810 $187,000 $55,000 $132,000
2018 $5,634 $187,000 $55,000 $132,000
2017 $5,559 $187,000 $55,000 $132,000
2016 $4,667 $187,000 $55,000 $132,000
2015 $4,694 $187,000 $55,000 $132,000
2014 $4,582 $187,000 $55,000 $132,000
2013 $5,647 $187,000 $55,000 $132,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Donna Schoessow

    Shorewest Realtors, Inc.

    (414) 531-2453

    1 in this area

    81 Total Sales

    Donna Schoessow
    Section Image
  • Amanda Kuss

    Buyer's Agent in 2024

    Amanda Kuss

    Compass RE WI-Tosa

    (414) 940-0770

    1 in this area

    46 Total Sales

    Amanda Kuss
    Section Image
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Map

Source: Metro MLS

MLS Number: 1855461

Metro MLS

APN: 771-0478-000

Wisconsin Milwaukee County South Milwaukee 53172 Historic Lakeview

720 Minnesota Ave, South Milwaukee, WI

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