NOT LISTED FOR SALE

Estimated Value: $193,810 - $322,000

3 Beds
1 Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold October 30, 2023

Last sale price $180,000

Est. 38% increase in value since last sale

Current estimated payment $1,659/month

10 Days on Market

Highlights

  • Enclosed Parking
  • Golda Meir School Rated A-
  • Forced Air Heating System

About This Home

As of October 2023

Tell me, where do you find a cash flowing asset in this market? Quite rare these days. At 50K/unit, this 4 family has all the makings of a great cash cow for your investor. A recent move out in the upper rear unit offers an instant value add opportunity with rent increases. Yes, there's some TLC, and the owner has done things as needed. Roof is 3 years old. Furnaces have been tuned up. The lower rear has been fully remodeled, with a rockstar tenant who takes care of the grass and keeps an eye on things. The other 2 units all have long term tenants on MTM leases. The garage in the back adds an extra flow of income at $100. Amplify the value add opportunities right away, or as you see fit, but you won't come across such a low priced opportunity yielding return from the get-go.

Last Agent to Sell the Property

Matthew Meunier

Ogden & Company, Inc. License #87405-94 Listed on: 09/19/2023

Last Buyer's Agent

Stephanie Castaneda

Coldwell Banker HomeSale Realty - Greenfield License #59587-90

Coldwell Banker HomeSale Realty - Greenfield

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,203

Year Built

  • Built in 1894

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,203

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1894
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 750 S 26th STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.09
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Full

Exterior Features

  • Exterior Building Type: Apartment Building
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RM4 Res
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3203.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 26, 2023
Sold by
Herrera Jose and Herrera Cathy
Bought by
Shaan Real Estate Inc
Seller's Agent
Matthew Meunier
Ogden & Company, Inc.
Buyer's Agent
Stephanie Castaneda
Coldwell Banker HomeSale Realty - Greenfield
List Price
$215,200
Sold Price
$180,000
Premium/Discount to List
-$35,200
-16.36%
Views
39
Current Estimated Value
$249,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,203
Avg. Annual Appreciation
22.63%

Purchase Details

Listed on
Jun 22, 2022
Closed on
Aug 15, 2022
Sold by
Premier Real Estate Investments Llc
Bought by
Herrera Jose and Mercado Cathy
Seller's Agent
Bret Duer
Keller Williams Prestige
Buyer's Agent
Bret Duer
Keller Williams Prestige
List Price
$180,000
Sold Price
$150,000
Premium/Discount to List
-$30,000
-16.67%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.26%
Original Mortgage
$112,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2014
Sold by
Hefter 3 Llc
Bought by
Premler Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
3.99%

Purchase Details

Closed on
May 20, 2013
Sold by
Acrd Ml Llc
Bought by
Partagas Ventures Llc

Purchase Details

Closed on
Nov 14, 2011
Sold by
Associated Bank National Association
Bought by
Acrd Ml Llc

Purchase Details

Closed on
Jun 9, 2011
Sold by
Glik Properties I Llc
Bought by
Associated Bank National Association

Purchase Details

Closed on
Feb 4, 2007
Sold by
Glik Alex L and Glik Ann M
Bought by
Glik Properties I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,312
Interest Rate
6.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2006
Sold by
Jgl Properties Three Llc
Bought by
Glik Alex L and Glik Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.42%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 4, 2003
Sold by
Lewis John G
Bought by
Jgl Properties Three Llc

Purchase Details

Closed on
May 31, 2002
Sold by
Buska Charlotte L
Bought by
Lewis John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,100
Interest Rate
6.93%
Source: Public Records

Similar Home in Milwaukee, WI

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
Shaan Real Estate Inc $10,000 None Listed On Document
Herrera Jose $150,000 None Listed On Document
Premler Real Estate Investments Llc $675,000 None Available
Partagas Ventures Llc $90,000 None Available
Acrd Ml Llc $37,000 Knight Barry Title Inc
Associated Bank National Association $52,000 None Available
Glik Properties I Llc -- None Available
Glik Alex L $200,000 Clear Title East Llc
Jgl Properties Three Llc $50,000 Clear Title East Llc
Jgl Properties Three Llc -- --
Lewis John G $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Jose $112,500
Previous Owner Premler Real Estate Investments Llc $502,500
Previous Owner Glik Alex L $179,312
Previous Owner Jgl Properties Three Llc $20,000
Previous Owner Glik Alex L $160,000
Previous Owner Lewis John G $51,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $180,000 -9.5% --
10/12/2023 10/12/23 Price Changed $199,000 -5.2% --
09/25/2023 09/25/23 Price Changed $209,900 -2.5% --
09/21/2023 09/21/23 For Sale $215,200 +19.6% --
09/28/2022 09/28/22 Off Market $180,000 -- --
06/22/2022 06/22/22 For Sale $180,000 -- $56 / 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 $3,251 $137,600 $6,000 $131,600
2022 $3,314 $137,600 $6,000 $131,600
2021 $3,048 $114,700 $6,000 $108,700
2020 $4,654 $114,700 $6,000 $108,700
2019 $5,137 $94,100 $6,000 $88,100
2018 $4,779 $94,100 $6,000 $88,100
2017 $4,660 $91,500 $6,000 $85,500
2016 $5,658 $91,700 $6,000 $85,700
2015 -- $89,900 $6,000 $83,900
2014 -- $89,900 $6,000 $83,900
2013 -- $101,800 $6,000 $95,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1851039

Metro MLS

APN: 434-1633-000-0