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2411 South 7th Street

2411 South 7th Street, Milwaukee, WI 53215
Multifamily in Lincoln Village
Sold Sep 02, 2020
$61,000
Sold Oct 02, 2018
$47,000
2411 South 7th Street has been categorized by the local assessors in Milwaukee, WI as a residential type of property. The building on the property was first built in 1902 and is 122 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2411 South 7th Street has 2,228 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cottage style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 432 sqft. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2411 South 7th Street was last sold in Aug 26, 2020 for $61,000. According to our calculations, that's $27.38 per sqft. Prior to that sales transaction, the property was sold for $47,000 in Sep 28, 2018. Current property owners are expected to pay $2,688 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 2411 South 7th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $112,900. To break that down further, the land itself was valued at $7,400. While improvements to the property were assessed at a total of $105,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Vinyl Siding

Parking

Street Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,232
  • Garage Type: Detached
  • Garage Square Area: 432
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 2,228
  • Gross Building Area: 2,228
  • Building Area: 2,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN AVENUE HEIGHTS
  • Land Acres: 0.083
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Road (right-of-way)
  • Legal Description 1: LINCOLN AVENUE HEIGHTS IN NW 1/4 SEC 8-6-22 BLOCK 6 LOT 3

Ownership

  • Current Owner : GHARA LLC
  • Previous Owner : IBARRA TONY
  • Previous Owner 2: IBARRA MARIA R
  • Owner Before Previous Owner: BARBASIEWICZ BERNARD S
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 017600

Zoning

  • Zoning: RT4

Geography

  • Assessors Map Reference: MB 49707
  • Section: Jun 22, 2008
  • Parcel: 497-0375-000
  • Block: 6
  • Lot: 3
  • Meridian: SEC 08 TWN 60N RNG 22E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.001
  • Longitude: -87.9203

    Address

  • Full Address: 2411 S 7th St
  • Address - House Number: 2411
  • Street Direction: S
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C031
  • 4-Digit Zip Code: 3226
  • Zip Code: 53215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,688
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.4707
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 5
  • Final Value: 120,901
  • High Value: 177,814
  • Low Value: 63,987

    Market Valuation

  • Market Total Value: $112,900
  • Market Land Value: $7,400
  • Market Improvement Value: $105,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,900
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $105,500

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Transaction ID: 11784982299
  • Current Sale Price: $61,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11016231
  • Previous Sale Recording Date: Oct 02, 2018
  • Previous Sale Contract Date: Sep 28, 2018
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 2411 South 7th Street located in?
The 2411 South 7th Street is a multifamily located in the neighborhood of Lincoln Village in Lincoln Village, Milwaukee.
What is the average sales price for listings in 2411 South 7th Street?
The average sales price for units in 2411 South 7th Street is $0 currently.

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