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4060 North Lake Drive

4060 North Lake Drive, Milwaukee, WI 53211
Property in Shorewood
Sold Jul 27, 2004
$775,000
$200,000 by Park Bank
Mortgage Due Jul 01, 2034
Sold Feb 10, 1998
$400,000
$250,000 by M&i Marshall & Ilsley Bank
Mortgage
Local assessors in Milwaukee, WI have categorized 4060 North Lake Drive as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 18,900 square feet. The linear feet between the front and back of the lot was measured at 3,150 ft and the front of the lot was measured at 600 ft. 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 7 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 3 full bathrooms. There are also 7 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 4060 North Lake Drive has a total of 2,454 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 4,908 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 569 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. Lots of rock and stone 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 and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 24, 2004 for $775,000. That's $315.81 per sqft. Prior to that sales transaction, the property was also sold in Feb 6, 1998 for $400,000. 4060 North Lake Drive was last assessed in 2022. The total value of the property was assessed at $894,400. Specifically, the land the property is located on was valued at $272,700. While improvements on the property were assessed at a total of $621,700. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $0. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 7
  • Full Bathrooms: 3
  • Partial Bathrooms: 7
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 4,908
  • Garage Type: Attached
  • Garage Square Area: 569
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 18,900
  • Lot Size Depth Feet: 3,150
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,454
  • Gross Building Area: 2,454
  • Building Area: 2,454
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,454
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE AVE SUBD
  • Land Acres: 0.434
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE AVE SUBD SE 1/4 SEC 3-7-22 N 20.21FT OF LOT 37 AND ALL EXC N 13.21FT OF LOT 36 BLK 1

Ownership

  • Current Owner : DIXON PRISCILLA
  • Previous Owner : BOOHER W GARY
  • Previous Owner 2: BOOHER CAROLE
  • Owner Before Previous Owner: SPERLING STEVEN DANIEL
  • Owner Before Previous Owner 2: SPERLING STEVEN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 238-0025-000
  • Block: 1
  • Lot: 37
  • Meridian: SEC 03 TWN 07N RNG 22E
  • Municipality: VILLAGE OF SHOREWOOD
  • Latitude: 43.0909
  • Longitude: -87.8747

    Address

  • Full Address: 4060 N Lake Dr
  • Address - House Number: 4060
  • Street Direction: N
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C050
  • 4-Digit Zip Code: 2144
  • Zip Code: 53211

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 74
  • Final Value: 1,092,008
  • High Value: 1,299,992
  • Low Value: 884,025

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: PARK BANK
  • First Open Lien Mortgage Recording Date: Jul 27, 2004
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Jul 01, 2034

    Market Valuation

  • Market Total Value: $808,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $894,400
  • Assessed Land Value: $272,700
  • Assessed Improvements Value: $621,700

    Sales

  • Current Sale Contract Date: Jun 24, 2004
  • Current Sale Recording Date: Jul 27, 2004
  • Current Sale Transaction ID: 1160988161
  • Current Sale Price: $775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 08830781
  • Previous Sale Recording Date: Feb 10, 1998
  • Previous Sale Contract Date: Feb 06, 1998
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARK BANK
  • First Mortgage Transaction Date: Jul 27, 2004
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: M&I MARSHALL & ILSLEY BANK
  • Previous Mortgage Transaction Date: Feb 10, 1998
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 4060 North Lake Drive located in?
The 4060 North Lake Drive is a located in the neighborhood of Shorewood in Shorewood, Milwaukee.
What is the average sales price for listings in 4060 North Lake Drive?
The average sales price for units in 4060 North Lake Drive is $0 currently.

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