NOT LISTED FOR SALE

816 E Auer Ave Unit 818 Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $319,000 - $409,939

6 Beds
3 Baths
2,507 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $225,000 $90 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,554/month

23 Days on Market

Highlights

  • 2 Car Detached Garage
  • Wood Siding
  • 1-minute walk to Roverwest Dog Park
  • Golda Meir School Rated A-

About This Home

As of September 2021

Bring back the charm and beauty of this Riverwest 3/3 bungalow duplex; and dramatically increase the rental income of this building. Natural woodwork and formal dining rooms with built-in china cabinets. This property is most suitable for investors and/or flippers. There is a 2 car garage and additional off street parking. Walk score = 84.

Last Agent to Sell the Property

Norm Terapak

Terapak Realty MKE, LLC License #33533-90 Listed on: 07/26/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 2,507 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: Personal property of owner and tenants.

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: (2) Ranges (2) refrigerators (1) Washer & Dryer
  • Directions: West of Humboldt, South of Concordia, North of Burleigh.
  • New Construction: No
  • Year Built: 1926
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 816 E Auer Ave #818
  • Lot Acreage: 0.1
  • 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: 2507.00

Exterior Features

  • Exclusions: Personal property of owner and tenants.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum Trim, Partial-Wood, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0
  • 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: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Assessor Parcel Number 2: met.4419
  • Assessor Parcel Number 3: met.4419
  • Total Taxes: 5946.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 17, 2021
Sold by
Ellmann Steven W
Bought by
Foster Karl J and Foster James J
Seller's Agent
Norm Terapak
Terapak Realty MKE, LLC
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$363,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,235
Avg. Annual Appreciation
12.33%
Original Mortgage
$168,750
Outstanding Balance
$153,550
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$209,685

Purchase Details

Closed on
Sep 3, 1997
Sold by
Hart Richard H and Strahl Donald R
Bought by
Ellmann Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,074
Interest Rate
7.55%
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
Foster Karl J $225,000 None Listed On Document
Ellmann Steven W $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Karl J $168,750
Previous Owner Ellmann Steven W $64,074
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $225,000 0.0% $90 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $225,000 -- $90 / 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 $7,786 $343,400 $28,900 $314,500
2023 $6,579 $278,400 $28,900 $249,500
2022 $7,100 $278,400 $28,900 $249,500
2021 $5,976 $230,100 $28,900 $201,200
2020 $5,946 $230,100 $28,900 $201,200
2019 $5,638 $205,400 $29,600 $175,800
2018 $5,248 $205,400 $29,600 $175,800
2017 $5,299 $196,800 $18,800 $178,000
2016 $5,114 $180,800 $18,800 $162,000
2015 $5,074 $175,600 $18,800 $156,800
2014 $5,183 $175,600 $18,800 $156,800
2013 -- $175,600 $18,800 $156,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Norm Terapak

    Terapak Realty MKE, LLC

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Map

Source: Metro MLS

MLS Number: 1754704

Metro MLS

APN: 281-0335-000-1

Wisconsin Milwaukee County Milwaukee 53212 Riverwest

816 E Auer Ave Unit 818, Milwaukee, WI

This home is located at 816 E Auer Ave Unit 818, Milwaukee, WI 53212 since 26 July 2021 and is currently estimated at $363,235, approximately $144 per square foot. This property was built in 1926. 816 E Auer Ave Unit 818 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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