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3650 South 54th Street

3650 South 54th Street, Milwaukee, WI 53220
Sold Jul 26, 2022
$265,000
$251,750 by Landmark Credit Union
Mortgage Due Aug 01, 2052
Sold Sep 12, 2016
$129,900
$103,920 by Bmo Harris Bank Na
Mortgage Due Oct 01, 2046
Local assessors in Milwaukee, WI have categorized 3650 South 54th Street as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 6,800 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. There is also a partial bathroom. 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 3650 South 54th Street has a total of 1,384 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 484 sqft. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a 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, 3650 South 54th Street sold most recently in Jul 20, 2022 for a total of $265,000. If you work out the math, that's approximately a cost of $191.47 per sqft. Before that, the property was also sold for $129,900 in Sep 9, 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 $3,712 in taxes each year. 3650 South 54th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $198,800. If we break it down further, the land itself was valued at $42,000. Improvements to the property, however, were assessed at a total of $156,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 923
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,800
  • Total Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST LANE
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOREST LANE IN SW 1/4 SEC 14-6-21 BLOCK 2 LOT 9 & VAC ALLEY ADJ

Ownership

  • Current Owner : GROSS DOMINIQUE
  • Current Owner 2: GROSS MEGAN
  • Previous Owner : MIRIAN ALVARADO
  • Owner Before Previous Owner: MARX DANIEL E
  • Owner Before Previous Owner 2: MARX KATHERINE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 019900

Zoning

  • Zoning: RS5

Geography

  • Assessors Map Reference: MB 55609
  • Section: Jun 21, 2014
  • Parcel: 556-0021-000
  • Block: 2
  • Lot: 9
  • Meridian: SEC 14 TWN 06N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 42.9781
  • Longitude: -87.9814

    Address

  • Full Address: 3650 S 54th St
  • Address - House Number: 3650
  • Street Direction: S
  • Address - Street Name: 54th
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C056
  • 4-Digit Zip Code: 1405
  • Zip Code: 53220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,712

    Appraisal Valuation

  • Standard Deviation: 0.2479
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 65
  • Final Value: 243,499
  • High Value: 303,871
  • Low Value: 183,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,750
  • First Open Lien Mortgage Lender: LANDMARK CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 26, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $251,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $198,800
  • Market Land Value: $42,000
  • Market Improvement Value: $156,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $198,800
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $156,800

    Sales

  • Current Sale Contract Date: Jul 20, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Transaction ID: 11892832601
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11269431
  • Previous Sale Recording Date: Sep 12, 2016
  • Previous Sale Contract Date: Sep 09, 2016
  • Previous Sale Amount: $129,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LANDMARK CREDIT UNION
  • First Mortgage Transaction Date: Jul 26, 2022
  • First Mortgage Loan Amount: $251,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BMO HARRIS BANK NA
  • Previous Mortgage Transaction Date: Sep 12, 2016
  • Previous Mortgage Loan Amount: $103,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 3650 South 54th Street located in?
The 3650 South 54th Street is a located in the neighborhood of Honey Creek Manor in Honey Creek Manor, Milwaukee.
What is the average sales price for listings in 3650 South 54th Street?
The average sales price for units in 3650 South 54th Street is $0 currently.

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