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1963 South 8th Street

1963 South 8th Street, Milwaukee, WI 53204
Sold Jul 23, 2021
$140,000
$135,500 by Bmo Harris Bank Na
Mortgage Due Aug 01, 2051
Sold Jun 25, 2020
$40,000
Local assessors in Milwaukee, WI have categorized 1963 South 8th Street as a residential type of property. The home was built in 1874 and is 150 years old. The property's lot size has been calculated to be 3,990 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1963 South 8th Street has a total of 1,463 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. Lots of asbestos shingle were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source. 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, 1963 South 8th Street sold most recently in Apr 17, 2021 for a total of $140,000. If you work out the math, that's approximately a cost of $95.69 per sqft. Before that, the property was also sold for $40,000 in Jun 20, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,919 in taxes each year. 1963 South 8th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $122,600. 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 $115,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1874
  • Effective Year Built: 1874
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Other
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 923
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,990
  • Total Building Area: 1,463
  • Building Area: 1,463
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,463
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOOTSCH'S SUBD
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: WOOTSCH'S SUBD IN SW 1/4 SEC 5-6-22 BLOCK 5 LOT 21

Ownership

  • Current Owner : PEDRAZA JASON SEXTECO
  • Previous Owner : AA LINCOLN PROPERTIES INC
  • Owner Before Previous Owner: SHAAN REAL ESTATE INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 016700

Zoning

  • Zoning: RT4

Geography

  • Assessors Map Reference: MB 46808
  • Section: Jun 22, 2005
  • Parcel: 468-1684-000
  • Block: 5
  • Lot: 21
  • Meridian: SEC 05 TWN 60N RNG 22E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.0088
  • Longitude: -87.9217

    Address

  • Full Address: 1963 S 8th St
  • Address - House Number: 1963
  • Street Direction: S
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C076
  • 4-Digit Zip Code: 3851
  • Zip Code: 53204

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,919

    Appraisal Valuation

  • Standard Deviation: 0.4707
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 5
  • Final Value: 108,451
  • High Value: 159,503
  • Low Value: 57,398

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $139,700
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Loan Amount: $135,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051
  • Second Open Lien Mortgage Lender: WISCONSIN HOUSING & ECONOMIC D
  • Second Open Lien Mortgage Recording Date: Jul 23, 2021
  • Second Open Lien Mortgage Loan Amount: $4,200
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 19, 2031

    Market Valuation

  • Market Total Value: $122,600
  • Market Land Value: $7,400
  • Market Improvement Value: $115,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,600
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $115,200

    Sales

  • Current Sale Contract Date: Apr 17, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Transaction ID: 11843611542
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11142582
  • Previous Sale Recording Date: Jun 25, 2020
  • Previous Sale Contract Date: Jun 20, 2020
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Jul 23, 2021
  • First Mortgage Loan Amount: $135,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2051

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Nearby Rentals

Unit for rent at

$1,380 /mo

  • 1 Bed
  • 1 Bath
  • 738 ft²
Listing by Manager
Unit for rent at

$1,425 /mo

  • 1 Bed
  • 1 Bath
  • 811 ft²
Listing by Cream City Lofts
Unit for rent at

$1,450 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Manager
Unit for rent at

$1,395 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 2 ft²
Listing by Manager
Unit for rent at

$1,395 /mo

  • 3 Beds
  • 1 Bath
  • 1,150 ft²
Listing by Manager
Unit for rent at

$1,275 /mo

  • 3 Beds
  • 1.5 Baths
Listing by Manager

Frequently Asked Questions

What neighborhood is 1963 South 8th Street located in?
The 1963 South 8th Street is a house located in the neighborhood of Historic Mitchell Street in Historic Mitchell Street, Milwaukee.
What is the average sales price for listings in 1963 South 8th Street?
The average sales price for units in 1963 South 8th Street is $0 currently.

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