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2625 South 12th Street

2625 South 12th Street, Milwaukee, WI 53215
Property in Lincoln Village
Sold Oct 06, 2022
$65,800
$52,629 by Educators Credit Union
Mortgage Due Oct 01, 2052
Sold Jan 09, 2006
$99,800
$89,789 by Fremont Investment & Loan
Mortgage Due Nov 01, 2035
2625 South 12th 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 1900 and is 124 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2625 South 12th Street has 1,656 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 duplex 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. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2625 South 12th Street sold most recently in Sep 30, 2022 for a total of $65,800. If you work out the math, that's approximately a cost of $39.73 per sqft. Before that, the property was also sold for $99,800 in Aug 5, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,626 in taxes each year. 2625 South 12th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $110,300. If we break it down further, the land itself was valued at $7,400. Improvements to the property, however, were assessed at a total of $102,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 982
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 1,656
  • Gross Building Area: 1,656
  • Building Area: 1,656
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILW SUBD
  • Land Acres: 0.083
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SAVINGS & INV ASS'N OF MILW SUBD NO 6 IN NW 1/4 SEC 8-6-22 BLOCK 9 LOT 6

Ownership

  • Current Owner : MATEOS IGNACIO GONZALEZ
  • Previous Owner : GONZALEZ JOSE
  • Owner Before Previous Owner: FISCHER MICHAEL JOHN
  • Owner Before Previous Owner 2: FISCHER VALERIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 018700

Zoning

  • Zoning: RT4

Geography

  • Assessors Map Reference: MB 49729
  • Section: Jun 22, 2008
  • Parcel: 497-0775-000
  • Block: 9
  • Lot: 6
  • Meridian: SEC 08 TWN 60N RNG 22E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 42.997
  • Longitude: -87.9276

    Address

  • Full Address: 2625 S 12th St
  • Address - House Number: 2625
  • Street Direction: S
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C084
  • 4-Digit Zip Code: 3334
  • Zip Code: 53215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,626

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 60
  • Final Value: 151,698
  • High Value: 193,559
  • Low Value: 109,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $52,629
  • First Open Lien Mortgage Lender: EDUCATORS CREDIT UNION
  • First Open Lien Mortgage Recording Date: Oct 06, 2022
  • First Open Lien Mortgage Loan Amount: $52,629
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $110,300
  • Market Land Value: $7,400
  • Market Improvement Value: $102,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,300
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $102,900

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 06, 2022
  • Current Sale Transaction ID: 11896843213
  • Current Sale Price: $65,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11289463
  • Previous Sale Recording Date: Jan 09, 2006
  • Previous Sale Contract Date: Aug 05, 2005
  • Previous Sale Amount: $99,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EDUCATORS CREDIT UNION
  • First Mortgage Transaction Date: Oct 06, 2022
  • First Mortgage Loan Amount: $52,629
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FREMONT INVESTMENT & LOAN
  • Previous Mortgage Transaction Date: Jan 09, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $89,789
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Lincoln Village



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Frequently Asked Questions

What neighborhood is 2625 South 12th Street located in?
The 2625 South 12th Street is a located in the neighborhood of Lincoln Village in Lincoln Village, Milwaukee.
What is the average sales price for listings in 2625 South 12th Street?
The average sales price for units in 2625 South 12th Street is $0 currently.

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