$250,000
SOLD NOV 25, 2024

7900 W Potomac Ave Unit 7902 Milwaukee, WI 53222

Arlington Gardens Neighborhood
-- Bed
-- Bath
2,382 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

11% Above List Price

3 Days on Market

About This Home

As of March 2025

This special duplex has three bedrooms and TWO FULL BATHROOMS in each unit! You'll also love the 2.5-car garage AND 5-car parking area, as well as the two partially-finished areas in the basement--just add flooring and you're good to go. Last but definitely not least, the numbers ''work'' for this moderately-priced duplex, which has become increasingly hard to find for some time now. (The upper unit's rent is currently low as sellers' daughter is living in that unit.) Don't miss out!

Last Agent to Sell the Property

Cheryl Bennet

Lannon Stone Realty LLC License #56086-90 Listed on: 10/25/2024

Last Buyer's Agent

Alexandria Medina

EXP Realty, LLC~MKE License #87867-94

EXP Realty, LLC~MKE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,014

Year Built

  • Built in 1961

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,382 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

  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,014

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 refrigerators, 2 stoves, 1 washing machine, 1 dryer
  • Directions: Appleton north of Capitol to Hope; west on Hope to Potomac; north/west to property
  • New Construction: No
  • Year Built: 1961
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 7900 W Potomac AVENUE #7902
  • Lot Acreage: 0.21
  • 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: 2382.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.5
  • 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 Resid 2 Fam
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 4014.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Mar 25, 2025
Sold by
Vega Investments Llc
Bought by
Kaine Lars
Seller's Agent
Alexandria Medina
EXP Realty, LLC~MKE
Buyer's Agent
Michael Finn
Coldwell Banker Realty
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Views
5
Current Estimated Value
$303,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,418
Avg. Annual Appreciation
-15.18%
Original Mortgage
$240,000
Outstanding Balance
$240,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$63,582

Purchase Details

Listed on
Oct 25, 2024
Closed on
Nov 22, 2024
Sold by
Hambuch Walter J and Marks-Hambuch Linda
Bought by
Vega Investment Llc
Seller's Agent
Cheryl Bennet
Lannon Stone Realty LLC
Buyer's Agent
Alexandria Medina
EXP Realty, LLC~MKE
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.69%
Original Mortgage
$200,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2005
Sold by
Hambuch Walter J and Hambuch Linda Marks
Bought by
Hambuch Walter J and Hambuch Linda Marks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.88%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $320,000 1St Service Title
Warranty Deed $250,000 None Listed On Document
Warranty Deed $250,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $60,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $320,000 -3.0% $134 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $329,900 +32.0% $138 / Sq Ft
11/25/2024 11/25/24 Sold $250,000 +11.1% $105 / Sq Ft
10/29/2024 10/29/24 Off Market $225,000 -- --
10/25/2024 10/25/24 For Sale $225,000 -- $94 / 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 $4,086 $172,900 $18,100 $154,800
2022 $4,044 $172,900 $18,100 $154,800
2021 $3,945 $152,800 $18,100 $134,700
2020 $3,923 $152,800 $18,100 $134,700
2019 $3,688 $135,900 $18,800 $117,100
2018 $3,449 $135,900 $18,800 $117,100
2017 $3,271 $122,500 $18,700 $103,800
2016 $3,441 $122,500 $18,700 $103,800
2015 -- $122,500 $18,700 $103,800
2014 -- $122,500 $18,700 $103,800
2013 -- $122,500 $18,700 $103,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1897485

Metro MLS

APN: 252-0725-000-X