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2633 North Lake Drive

2633 North Lake Drive, Milwaukee, WI 53211
House in Northpoint
Sold Jul 22, 2021
$680,000
Sold Apr 06, 2016
$435,000
$285,000 by Johnson Bank
Mortgage Due Apr 01, 2031
2633 North Lake Drive 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 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2633 North Lake Drive has 2,266 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 8,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Tudor 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 attached garage for those who require parking. The garage measured 260 sqft. Love to swim? You'll be excited to find out that there is a pool on the property. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2633 North Lake Drive sold most recently in Jul 3, 2021 for a total of $680,000. If you work out the math, that's approximately a cost of $300.09 per sqft. Before that, the property was also sold for $435,000 in Mar 28, 2016. 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 $15,788 in taxes each year. 2633 North Lake Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $663,100. If we break it down further, the land itself was valued at $182,100. Improvements to the property, however, were assessed at a total of $481,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

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

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Tudor
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 884
  • Garage Type: Attached
  • Garage Square Area: 260
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,700
  • Total Building Area: 2,266
  • Building Area: 2,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,266
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GILMAN'S SUBD
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GILMAN'S SUBD ETC IN SE 1/4 SEC 15-7-22 VOL 4 PAGE 27 BLOCK 4 S W 50' LOT 8-N E 8.39' LOT 9

Ownership

  • Current Owner : MADPHY LLC
  • Previous Owner : RABE RYAN F
  • Previous Owner 2: POSSELT JACQUELYN L
  • Owner Before Previous Owner: ZAHN CHRISTOPHER J
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 007600

Zoning

  • Zoning: RS5

Geography

  • Assessors Map Reference: MB 31807
  • Section: Jul 22, 2015
  • Parcel: 318-0120-000
  • Block: 4
  • Lot: 8,9
  • Meridian: SEC 15 TWN 07N RNG 22E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.0659
  • Longitude: -87.8752

    Address

  • Full Address: 2633 N Lake Dr
  • Address - House Number: 2633
  • Street Direction: N
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C012
  • 4-Digit Zip Code: 3838
  • Zip Code: 53211

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,788

    Appraisal Valuation

  • Standard Deviation: 0.2305
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 68
  • Final Value: 651,721
  • High Value: 801,953
  • Low Value: 501,489

    Market Valuation

  • Market Total Value: $663,100
  • Market Land Value: $182,100
  • Market Improvement Value: $481,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $663,100
  • Assessed Land Value: $182,100
  • Assessed Improvements Value: $481,000

    Sales

  • Current Sale Contract Date: Jul 03, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Transaction ID: 11843660235
  • Current Sale Price: $680,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11141796
  • Previous Sale Recording Date: Apr 06, 2016
  • Previous Sale Contract Date: Mar 28, 2016
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: JOHNSON BANK
  • Previous Mortgage Transaction Date: Apr 06, 2016
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2031

About Northpoint



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Frequently Asked Questions

What neighborhood is 2633 North Lake Drive located in?
The 2633 North Lake Drive is a house located in the neighborhood of Northpoint in Northpoint, Milwaukee.
What is the average sales price for listings in 2633 North Lake Drive?
The average sales price for units in 2633 North Lake Drive is $0 currently.

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