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4975 South 15th Place

4975 South 15th Place, Milwaukee, WI 53221
Property in Mitchell West
Sold Aug 11, 2017
$1,151,000
$94,000 by R
Mortgage Due Jul 01, 2047
Sold Sep 22, 2008
$146,057
4975 South 15th Place in Milwaukee, WI was first built in 1958 and is 66 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 ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4975 South 15th Place has 905 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 5,900 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. The garage is 484 sqft. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home 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, 4975 South 15th Place sold most recently in Jun 26, 2017 for a total of $1,151,000. If you work out the math, that's approximately a cost of $1,271.82 per sqft. Before that, the property was also sold for $146,057 in Sep 2, 2008. 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 $3,948 in taxes each year. 4975 South 15th Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $165,800. If we break it down further, the land itself was valued at $47,200. Improvements to the property, however, were assessed at a total of $118,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1958
  • Effective Year Built: 1958
  • 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: 905
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,900
  • Total Building Area: 905
  • Building Area: 905
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 905
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAYLEEN ACRES
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAYLEEN ACRES IN NE 1/4 SEC 30-6-22 BLOCK 4 LOT 6

Ownership

  • Current Owner : BIN ABDUL GHAFFAR MOHAMED HUSSIN
  • Current Owner 2: GHAFFAR ABDUL
  • Previous Owner : KRAEGER STEVEN F
  • Owner Before Previous Owner: BALL BRYCE A
  • Owner Before Previous Owner 2: BALL TRACY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 021600

Zoning

  • Zoning: RS5

Geography

  • Assessors Map Reference: MB 62410
  • Section: Jun 22, 2030
  • Parcel: 624-0239-000
  • Block: 4
  • Lot: 6
  • Meridian: SEC 30 TWN 06N RNG 22E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 42.954
  • Longitude: -87.9334

    Address

  • Full Address: 4975 S 15th Pl
  • Address - House Number: 4975
  • Street Direction: S
  • Address - Street Name: 15th
  • Address - Suffix Type: Pl
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C030
  • 4-Digit Zip Code: 2831
  • Zip Code: 53221

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,948

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 60
  • Final Value: 214,741
  • High Value: 273,999
  • Low Value: 155,484

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $94,000
  • First Open Lien Mortgage Lender: R
  • First Open Lien Mortgage Recording Date: Aug 11, 2017
  • First Open Lien Mortgage Loan Amount: $94,000
  • 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: Jul 01, 2047

    Market Valuation

  • Market Total Value: $165,800
  • Market Land Value: $47,200
  • Market Improvement Value: $118,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $165,800
  • Assessed Land Value: $47,200
  • Assessed Improvements Value: $118,600

    Sales

  • Current Sale Contract Date: Jun 26, 2017
  • Current Sale Recording Date: Aug 11, 2017
  • Current Sale Transaction ID: 1732507824
  • Current Sale Price: $1,151,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10700997
  • Previous Sale Recording Date: Sep 22, 2008
  • Previous Sale Contract Date: Sep 02, 2008
  • Previous Sale Amount: $146,057
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: R
  • First Mortgage Transaction Date: Aug 11, 2017
  • First Mortgage Loan Amount: $94,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

About Mitchell West



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Frequently Asked Questions

What neighborhood is 4975 South 15th Place located in?
The 4975 South 15th Place is a located in the neighborhood of Mitchell West in Mitchell West, Milwaukee.
What is the average sales price for listings in 4975 South 15th Place?
The average sales price for units in 4975 South 15th Place is $0 currently.

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