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3408 North 55th Street

3408 North 55th Street, Milwaukee, WI 53216
Property in Grasslyn Manor
Sold Oct 10, 2005
$119,000
$119,000 by One Choice Mortgage Llc
Mortgage Due Oct 01, 2035
3408 North 55th 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 1937 and is 87 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3408 North 55th Street has 1,437 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 5,160 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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 352 sqft. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a heating system. 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, 3408 North 55th Street sold most recently in Oct 3, 2005 for a total of $119,000. If you work out the math, that's approximately a cost of $82.81 per sqft. 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 $3,060 in taxes each year. 3408 North 55th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $128,500. If we break it down further, the land itself was valued at $7,200. Improvements to the property, however, were assessed at a total of $121,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,172
  • Garage Type: Detached
  • Garage Square Area: 352
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,160
  • Total Building Area: 1,437
  • Building Area: 1,437
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,437
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORWOOD ANNEX
  • Land Acres: 0.118
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORWOOD ANNEX IN SW 1/4 SEC 11-7-21 BLOCK 5 LOT 17

Ownership

  • Current Owner : BARNETT WILLIE L
  • Current Owner 2: BARNETT BRENDA L
  • Previous Owner : FRICKER ROBERT E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 005000

Zoning

  • Zoning: RT2

Geography

  • Assessors Map Reference: MB 28916
  • Section: Jul 21, 2011
  • Parcel: 289-0128-000
  • Block: 5
  • Lot: 17
  • Meridian: SEC 11 TWN 07N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.0811
  • Longitude: -87.9818

    Address

  • Full Address: 3408 N 55th St
  • Address - House Number: 3408
  • Street Direction: N
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C025
  • 4-Digit Zip Code: 2808
  • Zip Code: 53216

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,060

    Appraisal Valuation

  • Standard Deviation: 0.4707
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 5
  • Final Value: 132,483
  • High Value: 194,848
  • Low Value: 70,117

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,000
  • First Open Lien Mortgage Lender: ONE CHOICE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 10, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $119,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $128,500
  • Market Land Value: $7,200
  • Market Improvement Value: $121,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,500
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $121,300

    Sales

  • Current Sale Contract Date: Oct 03, 2005
  • Current Sale Recording Date: Oct 10, 2005
  • Current Sale Transaction ID: 1161289327
  • Current Sale Price: $119,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 09107368

    Last Sale Mortgage

  • First Mortgage Lender: ONE CHOICE MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 10, 2005
  • First Mortgage Loan Amount: $119,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Oct 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Grasslyn Manor



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Frequently Asked Questions

What neighborhood is 3408 North 55th Street located in?
The 3408 North 55th Street is a located in the neighborhood of Grasslyn Manor in Grasslyn Manor, Milwaukee.
What is the average sales price for listings in 3408 North 55th Street?
The average sales price for units in 3408 North 55th Street is $0 currently.

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