NOT LISTED FOR SALE

7204 W Washington St Unit 1041 S 72nd St Milwaukee, WI 53214

Fairview Park Neighborhood

Estimated Value: $244,000 - $306,000

4 Beds
2 Baths
1,588 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $175,000 $110 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,761/month

13 Days on Market

About This Home

As of May 2021

Attention Investors! 7.75% cap rate! Cash flow now or convert to single or extended family living for yourself. This unique 2 family home is ready for new owners. Great West Allis location near parks, shopping, restaurants and State Fair Park. Long term tenants in both units would love to stay. Each has in-unit laundry facilities and separate utilities. Upper has enclosed bonus porch plus additional exposed porch. Lower level has new kitchen flooring. Welcoming newly refreshed back hallway with paint and carpeting. See updates list in documents.

Last Agent to Sell the Property

Andrea Hueppe

Homestead Realty, Inc License #81370-94 Listed on: 03/30/2021

Last Buyer's Agent

Paul Marek

Realty Dynamics License #28018-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,725

Year Built

  • Built in 1905

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,588 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Sellers/tenants personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,725

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: North of Greenfield - Unit 1 is 1041 S 72nd St, Unit 2 (Upr) is 7204 W Washington St
  • New Construction: No
  • Year Built: 1905
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 7204 W Washington St #1041 S 72nd St
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1588.00

Exterior Features

  • Exclusions: Sellers/tenants personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

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

Utilities

  • Utilities: 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: West Allis
  • Junior High Dist: West Allis

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3724.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 14, 2021
Sold by
Smith Scott R
Bought by
Miller Victoria and Walterman Eric
Seller's Agent
Andrea Hueppe
Homestead Realty, Inc
Buyer's Agent
Paul Marek
Realty Dynamics
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$266,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,185
Avg. Annual Appreciation
9.95%
Original Mortgage
$171,830
Outstanding Balance
$155,231
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$110,954

Purchase Details

Closed on
Jan 6, 2017
Sold by
Petrova Anna V
Bought by
Smith Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2006
Sold by
Smith Scott R
Bought by
Petrova Anna V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 2006
Sold by
Murack Edward J and Murack Tammy S
Bought by
Smith Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,150
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1999
Sold by
Peck Daniel J
Bought by
Murack Edward J and Murack Tammy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 1996
Sold by
Beres Mark F
Bought by
Peck Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
7.73%
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
Miller Victoria $175,000 None Available
Smith Scott R $132,000 None Available
Petrova Anna V $146,000 None Available
Smith Scott R $148,000 None Available
Murack Edward J $122,000 --
Peck Daniel J $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Victoria $171,830
Previous Owner Smith Scott R $99,000
Previous Owner Petrova Anna V $146,000
Previous Owner Smith Scott R $129,150
Previous Owner Murack Edward J $97,600
Previous Owner Peck Daniel J $84,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $175,000 0.0% $110 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $175,000 -- $110 / 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 $4,199 $209,000 $17,200 $191,800
2023 $3,785 $135,700 $12,100 $123,600
2022 $3,775 $135,700 $12,100 $123,600
2021 $3,705 $135,700 $12,100 $123,600
2020 $3,725 $135,700 $12,100 $123,600
2019 $3,619 $135,700 $12,100 $123,600
2018 $3,663 $135,700 $12,100 $123,600
2017 $3,763 $135,700 $12,100 $123,600
2016 $3,642 $135,700 $12,100 $123,600
2015 $4,534 $135,700 $12,100 $123,600
2014 $4,014 $135,700 $12,100 $123,600
Source: Public Records

Agents Affiliated with this Home

  • Andrea Hueppe

    Seller's Agent in 2021

    Andrea Hueppe

    Homestead Realty, Inc

    (414) 405-8695

    1 in this area

    87 Total Sales

    Andrea Hueppe
    Section Image

  • P

    Buyer's Agent in 2021

    Paul Marek

    Realty Dynamics

See All Agents

Map

Source: Metro MLS

MLS Number: 1732782

Metro MLS

APN: 440-0077-000

Wisconsin Milwaukee County Milwaukee 53214 Fairview Park

7204 W Washington St Unit 1041 S 72nd St, Milwaukee, WI

This home is located at 7204 W Washington St Unit 1041 S 72nd St, Milwaukee, WI 53214 since 30 March 2021 and is currently estimated at $266,185, approximately $167 per square foot. This property was built in 1905. 7204 W Washington St Unit 1041 S 72nd St is a home located in Milwaukee County with nearby schools including Horace Mann Elementary School, Frank Lloyd Wright Intermediate School, and Nathan Hale High School.

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