NOT LISTED FOR SALE

2912 W Wells St Milwaukee, WI 53208

Concordia Neighborhood

Estimated Value: $1,817,941

3 Beds
1 Bath
29,380 Sq Ft
$62/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $1,200,000 $41 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $12,375/month

109 Days on Market

About This Home

As of February 2020

Well Maintained 36 Unit Apartment Building with Updated Elevator. 10-2 Bedroom Units and 26-1 Bedroom Units. 23 parking spaces rent for $20 per month. 26 -1 bedroom rents $500-$550 (14 units at $500, will be raising these to $525 and then to $550; 12 units are already at $550) and 2 Bedroom rents asking $700 presently (2 at $675, will be raised soon) (8) at $700 one of these units is the manager who pays $0. Fully occupied. Three Newer Boilers 2010, Roof is 4 ply Durby Gum, installed 1995. Elevator updated 2019.

Last Listed By

Paul Barsch

First Weber Inc - Brookfield License #37333-90 Listed on: 08/22/2019

First Weber Inc - Brookfield

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,976

Year Built

1925

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: All Units Refrigerators and Ranges, Two Hot Water Heaters. Buyer to assume the Spectrum Cable Service and Marketing agreement for the building which is transferable. Transferable Coin Appliance Service Contract for 3 Washers & 3 Dryer
  • Directions: Wells St to 29th to address
  • New Construction: No
  • Year Built: 1925
  • Cleared Acreage: 1/2 to 1
  • Full Street Address: 2912 W Wells STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.61
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Leased: Dryer, Seller Leased: Washer, Seller Leased: Water Heater
  • Has Basement: Laundry Facilities, Partial
  • Interior Amenities: Elevator
  • Second Floor Total Sq Ft: 29380.00

Exterior Features

  • Exclusions: Sellers personal property
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick, Stone

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 5+

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RM6
  • Acreage Range: 0.5 to .99

Tax Info

  • Tax Year: 2018
  • Total Taxes: 21554.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Cassco Wi Llc
Bought by
Berrada Properties 115 Llc
Total Days on Market
109
Current Estimated Value
$1,817,941

Purchase Details

Listed on
Aug 22, 2019
Closed on
Feb 13, 2020
Sold by
J T Riley Properties Llc
Bought by
Cassco Wi Llc
Seller's Agent
Paul Barsch
First Weber Inc - Brookfield
Buyer's Agent
Aaron Stuiber
VERA Residential Real Estate LLC
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$960,000
Interest Rate
3.72%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 3, 2003
Sold by
Wisconsin Housing & Economic Development
Bought by
J T Riley Properties Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Berrada Properties 115 Llc $1,625,000 --
Cassco Wi Llc $1,200,000 Knight Barry Title Inc
J T Riley Properties Llc $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cassco Wi Llc $960,000
Previous Owner J T Riley Properties Llc $360,000
Previous Owner J T Riley Properties Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $1,200,000 0.0% $41 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $1,200,000 -- $41 / 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 $26,976 $1,141,600 $75,400 $1,066,200
2022 $29,149 $1,141,600 $75,400 $1,066,200
2021 $28,209 $1,015,400 $75,400 $940,000
2020 $26,651 $1,015,400 $75,400 $940,000
2019 $26,573 $833,000 $115,200 $717,800
2018 $21,635 $833,000 $115,200 $717,800
2017 $25,223 $921,000 $115,200 $805,800
2016 $25,154 $874,000 $115,200 $758,800
2015 $25,371 $854,000 $115,200 $738,800
2014 $25,504 $849,000 $115,200 $733,800
2013 -- $829,000 $115,200 $713,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Paul Barsch

    First Weber Inc - Brookfield

    (414) 333-2435

    19 Total Sales

    Paul Barsch
    Section Image

  • A

    Buyer's Agent in 2020

    Aaron Stuiber

    VERA Residential Real Estate LLC

    (920) 604-3095

    Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1655663

Metro MLS

APN: 388-0007-100-0

Wisconsin Milwaukee County Milwaukee 53208 Concordia

2912 W Wells St, Milwaukee, WI

Homes for Sale in Milwaukee, WI

This home is located at 2912 W Wells St, Milwaukee, WI 53208 since 22 August 2019 and is currently estimated at $1,817,941, approximately $61 per square foot. This property was built in 1925. 2912 W Wells St is a home with nearby schools including La Escuela Fratney, Milwaukee Spanish Immersion School - Upper Campus, and Milwaukee German Immersion School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.