NOT LISTED FOR SALE

8200 W Villard Ave Unit 8212 Milwaukee, WI 53218

Valhalla Neighborhood

Estimated Value: $1,508,712

3 Beds
1 Bath
8,660 Sq Ft
$174/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $580,000 $67 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $9,391/month

7 Days on Market

Highlights

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

About This Home

As of January 2022

Sold as pkg w/8230 W Villard Prime Large Brick 8 Family with All 3 Bedroom Units a Great Rental Income! Units have Separate Hi-Efficiency Furnaces, Water Heaters and Updated Electrical Services! One unit has been completely updated in 2021 with New Kitchen Cabinets, Counters, Carpet and Paint. Balance of the units typical for the age. Property has Excellent Rents and has been Extremely Well Run and managed by long term owner and team and will provide the new investor a Solid Investment with Strong Cash Flow right out of the gate! Property can be bought with neighboring property next door 8230-36 W Villard for a package of 16 units! 8212's Foundation Work is Starting Soon!Note: Expenses are Approximate. Foundation Report under Documents. Work will be completed by seller prior to closi

Last Agent to Sell the Property

Jim Geracie

Realty Executives Integrity~Brookfield License #24429-90 Listed on: 11/02/2021

Realty Executives Integrity~Brookfield

Last Buyer's Agent

Dylan Page

Smart Asset Realty Inc License #87447-94

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,332

Year Built

  • Built in 1959

Lot Details

  • 0.45 Acre Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 8,660 Sq Ft Home
  • Multi-Level Property

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 8 Units
  • Sampsons Addition #2 Subdivision

Listing and Financial Details

  • Exclusions: TENANT'S PERSONAL PROPERTY

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,332

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 4 RANGES/OVENS, 4 REFRIGERATORS
  • Directions: W Hampton Ave to N 91st St, Right on Appleton Ave, Left on W Villard Ave to Property
  • New Construction: No
  • Year Built: 1959
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 8200 W Villard Ave #8212
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.45
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 8660.00

Exterior Features

  • Exclusions: TENANT'S PERSONAL PROPERTY
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

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: RM1
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 11332.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Jan 5, 2022
Sold by
Kind Julie B and Estate Of Renee Martin
Bought by
Prompropone Llc
Seller's Agent
Jim Geracie
Realty Executives Integrity~Brookfield
Buyer's Agent
Dylan Page
Smart Asset Realty Inc
List Price
$580,000
Sold Price
$580,000
Total Days on Market
7
Current Estimated Value
$1,508,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$928,712
Avg. Annual Appreciation
32.25%
Original Mortgage
$928,000
Outstanding Balance
$862,330
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$646,382

Purchase Details

Closed on
Nov 30, 2000
Sold by
Cockerham Jeffrey M and Schulz Cockerham Andrea D
Bought by
Martin Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.83%
Mortgage Type
Commercial
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
Prompropone Llc $1,160,000 None Available
Martin Renee $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prompropone Llc $928,000
Previous Owner Martin Renee $248,000
Closed Martin Renee $4,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $580,000 0.0% $67 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $580,000 -- $67 / 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 $11,059 $468,000 $25,900 $442,100
2022 $12,516 $468,000 $25,900 $442,100
2021 $11,384 $432,000 $25,900 $406,100
2020 $11,332 $432,000 $25,900 $406,100
2019 $9,382 $346,000 $26,000 $320,000
2018 $8,952 $346,000 $26,000 $320,000
2017 $7,610 $279,000 $26,000 $253,000
2016 $7,798 $272,000 $26,000 $246,000
2015 -- $254,400 $26,000 $228,400
2014 -- $254,400 $26,000 $228,400
2013 -- $270,500 $26,000 $244,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1770503

Metro MLS

APN: 187-0503-000-2