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4118 South Herman Street

4118 South Herman Street, Milwaukee, WI 53207
Property in Town of Lake
Sold Nov 15, 2023
$240,000
$228,000 by Fairway Independent Mtg Corp
Mortgage Due Dec 01, 2053
Sold Jul 12, 2019
$172,000
$161,500 by Associated Bank Na
Mortgage Due Jul 01, 2049
Local assessors in Milwaukee, WI have categorized 4118 South Herman Street 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 5,106 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod 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 4118 South Herman Street has a total of 1,168 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 336 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. 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, 4118 South Herman Street sold most recently in Nov 1, 2023 for a total of $240,000. If you work out the math, that's approximately a cost of $205.48 per sqft. Before that, the property was also sold for $172,000 in Jun 17, 2019. 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 $4,138 in taxes each year. 4118 South Herman Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $173,800. If we break it down further, the land itself was valued at $27,100. Improvements to the property, however, were assessed at a total of $146,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1957
  • Effective Year Built: 1957
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 784
  • Garage Type: Detached
  • Garage Square Area: 336
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,106
  • Total Building Area: 1,168
  • Building Area: 1,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLEMENT-WHITNALL SUBD-TH
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LANDS IN NE 1/4 SEC 21-6-22 COM ON E LI OF S HERMAN ST 100' N OF NW COR LOT 1 BLK 2 CLEMENT-WHITNALL SUBD-TH N 45.53'-TH E 11

Ownership

  • Current Owner : WILLIQUETTE LAUREN
  • Previous Owner : BIERNAT ZACHARY
  • Owner Before Previous Owner: LATAWIEC AMANDA
  • Owner Before Previous Owner 2: LATAWIEC ZACH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 020900

Zoning

  • Zoning: RS6

Geography

  • Assessors Map Reference: MB 58213
  • Section: Jun 22, 2021
  • Parcel: 582-9919-100
  • Block: 2
  • Lot: 1
  • Meridian: SEC 21 TWN 06N RNG 22E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 42.9694
  • Longitude: -87.895

    Address

  • Full Address: 4118 S Herman St
  • Address - House Number: 4118
  • Street Direction: S
  • Address - Street Name: Herman
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C070
  • 4-Digit Zip Code: 5118
  • Zip Code: 53207

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,138

    Appraisal Valuation

  • Standard Deviation: 0.11
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 88
  • Final Value: 232,552
  • High Value: 258,153
  • Low Value: 206,952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Nov 15, 2023
  • First Open Lien Mortgage Loan Amount: $228,000
  • 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: Dec 01, 2053

    Market Valuation

  • Market Total Value: $173,800
  • Market Land Value: $27,100
  • Market Improvement Value: $146,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $173,800
  • Assessed Land Value: $27,100
  • Assessed Improvements Value: $146,700

    Sales

  • Current Sale Contract Date: Nov 01, 2023
  • Current Sale Recording Date: Nov 15, 2023
  • Current Sale Transaction ID: 11915972696
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11381631
  • Previous Sale Recording Date: Jul 12, 2019
  • Previous Sale Contract Date: Jun 17, 2019
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Nov 15, 2023
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ASSOCIATED BANK NA
  • Previous Mortgage Transaction Date: Jul 12, 2019
  • Previous Mortgage Loan Amount: $161,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 4118 South Herman Street located in?
The 4118 South Herman Street is a located in the neighborhood of Town of Lake in Town of Lake, Milwaukee.
What is the average sales price for listings in 4118 South Herman Street?
The average sales price for units in 4118 South Herman Street is $0 currently.

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