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407 North 61st Street

407 North 61st Street, Milwaukee, WI 53213
Sold Apr 20, 2021
$182,000
$167,000 by Educators Cu
Mortgage Due May 01, 2051
Sold May 05, 2003
$70,000
407 North 61st Street in Milwaukee, WI was first built in 1922 and is 102 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 407 North 61st Street has 1,118 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,178 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a heating system. 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, 407 North 61st Street was last sold in Apr 16, 2021 for $182,000. According to our calculations, that's $162.79 per sqft. Prior to that sales transaction, the property was sold for $70,000 in Apr 14, 2003. Current property owners are expected to pay $3,341 in taxes per year. The property on 407 North 61st Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $140,300. To break that down further, the land itself was valued at $10,000. While improvements to the property were assessed at a total of $130,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 748
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,118
  • Building Area: 1,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLUEMOUND HEIGHTS
  • Land Acres: 0.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLUEMOUND HEIGHTS IN SE 1/4 SEC 27-7-21 BLOCK 2 N 33 1/3' OF S 66 2/3' LOT 10

Ownership

  • Current Owner : TIO JACOB M
  • Previous Owner : ANDERSON JEFFREY T
  • Owner Before Previous Owner: SAVASTA MARIANNE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 012600

Zoning

  • Zoning: RT3

Geography

  • Assessors Map Reference: MB 40502
  • Section: Jul 21, 2027
  • Parcel: 405-0128-000
  • Block: 2
  • Lot: 10
  • Meridian: SEC 27 TWN 07N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.0356
  • Longitude: -87.989

    Address

  • Full Address: 407 N 61st St
  • Address - House Number: 407
  • Street Direction: N
  • Address - Street Name: 61st
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C003
  • 4-Digit Zip Code: 4124
  • Zip Code: 53213

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,341

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 65
  • Final Value: 217,171
  • High Value: 270,726
  • Low Value: 163,616

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,000
  • First Open Lien Mortgage Lender: EDUCATORS CU
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $167,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $140,300
  • Market Land Value: $10,000
  • Market Improvement Value: $130,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $140,300
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $130,300

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11831524447
  • Current Sale Price: $182,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11104644
  • Previous Sale Recording Date: May 05, 2003
  • Previous Sale Contract Date: Apr 14, 2003
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EDUCATORS CU
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $167,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Bluemound Heights



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Frequently Asked Questions

What neighborhood is 407 North 61st Street located in?
The 407 North 61st Street is a located in the neighborhood of Bluemound Heights in Bluemound Heights, Milwaukee.
What is the average sales price for listings in 407 North 61st Street?
The average sales price for units in 407 North 61st Street is $0 currently.

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