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1987 W Melvina STREET, Milwaukee, WI, 53206

3beds
2baths
1,382sqft
$26,250
$19price/sqft
$415/moest. monthly cost
$16,600/yrincome needed

About This Home

City Tax Foreclosure - 3BR Single Family w/1,382 square feet, and more. City Scope of Essential Work is $20,900 Total scope of work is $23,800. Room and lot sizes are estimates & all information should be verified. Property being sold in 'as-is' condition. Bring flashlights & use caution when entering.

Getting Around

57
WalkingSomewhat Walkable
50
TransitGood Transit
50
BikeBikeable

Schools

3/10
Franklin SchoolGrades PK-80.3 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1915

Materials

  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom2

  • Level: Upper
  • Area: 154

Bedroom3

  • Level: Main
  • Area: 45

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 96

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 1,382
  • Total interior livable area: 1,382 sqft

Kitchen

  • Level: Main
  • Area: 90

Living Room

  • Level: Main
  • Area: 150

Master Bedroom

  • Level: Upper
  • Area: 187

Property

Details

  • Parcel number: 2712539000
  • Zoning: RT3

Features

  • Levels: One and One Half
  • Stories: 1
  • Living area range: 1251-1500

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: .055

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $132$1,584
Home Insurance *$62$744
Property Taxes $50$600
Electricity $171$2,054
Total$415$4,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$14,228/yr
40% on housing$12,450/yr
45% on housing$11,066/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$19This listing

vs Other Active Listings

Avg $/sqft

ZIP 53206$57
Milwaukee County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 53206$63
Milwaukee County$187

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-07Listed for sale$35,000
2026-03-03Listing removed$46,600
2026-02-17Pending sale$46,600
2026-01-14Listed for sale$46,600
2008-11-27Listing removed$42,000
2008-10-25Listed for sale$42,000

For Sale by Agent

AgentArthur Mays
BrokerageRealty Among Friends, LLC

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