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2514 East Marion Street

2514 East Marion Street, Milwaukee, WI 53211
Property in Shorewood
Sold Jun 22, 2023
$399,900
Sold Mar 26, 2012
$120,000
$90,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2042
2514 East Marion 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 1926 and is 98 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2514 East Marion Street has 1,980 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 2,781 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 290 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2514 East Marion Street was last sold in Jun 16, 2023 for $399,900. According to our calculations, that's $201.97 per sqft. Prior to that sales transaction, the property was sold for $120,000 in Feb 17, 2012. Current property owners are expected to pay $0 in taxes per year. The property on 2514 East Marion Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $314,100. To break that down further, the land itself was valued at $69,900. While improvements to the property were assessed at a total of $244,200. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 2
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B-
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 2,781
  • Garage Type: Detached
  • Garage Square Area: 290
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,980
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARION GARDENS
  • Land Acres: 0.161
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: MARION GARDENS CONDOMINIUM SW 1/4 SEC 3-7-22 UNIT 2514

Ownership

  • Current Owner : ROBBINS DAVID
  • Previous Owner : ELLIOTT ANNE
  • Owner Before Previous Owner: BAC HOME LOANS SERVICING LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shorewood School District
  • Census Tract: 080300

Geography

  • Parcel: 239-0526-002
  • Meridian: SEC 03 TWN 07N RNG 22E
  • Municipality: VILLAGE OF SHOREWOOD
  • Latitude: 43.0949
  • Longitude: -87.8781

    Address

  • Full Address: 2514 E Marion St
  • Address - House Number: 2514
  • Street Direction: E
  • Address - Street Name: Marion
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C055
  • 4-Digit Zip Code: 1731
  • Zip Code: 53211

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1109
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 88
  • Final Value: 407,795
  • High Value: 453,038
  • Low Value: 362,552

    Market Valuation

  • Market Total Value: $263,800
  • Market Land Value: $71,058
  • Market Improvement Value: $192,742

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $314,100
  • Assessed Land Value: $69,900
  • Assessed Improvements Value: $244,200

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 22, 2023
  • Current Sale Transaction ID: 11908341515
  • Current Sale Price: $399,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11346484
  • Previous Sale Recording Date: Mar 26, 2012
  • Previous Sale Contract Date: Feb 17, 2012
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 26, 2012
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2042

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Frequently Asked Questions

What neighborhood is 2514 East Marion Street located in?
The 2514 East Marion Street is a located in the neighborhood of Shorewood in Shorewood, Milwaukee.
What is the average sales price for listings in 2514 East Marion Street?
The average sales price for units in 2514 East Marion Street is $0 currently.

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