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5057 North 27th Street

5057 North 27th Street, Milwaukee, WI 53209
Sold Dec 28, 2021
$131,400
$129,020 by Wintrust Mortgage
Mortgage Due Jan 01, 2052
5057 North 27th Street has been categorized by the local assessors in Milwaukee, WI as a residential type of property. The building on the property was first built in 1953 and is 71 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5057 North 27th Street has 2,164 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 484 sqft. The exterior walls of the building are made of brick. In terms of heating, it 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, 5057 North 27th Street sold most recently in Dec 20, 2021 for a total of $131,400. If you work out the math, that's approximately a cost of $60.72 per sqft. 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 $3,117 in taxes each year. The initial year of tax delinquency occurred in 2020. 5057 North 27th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $130,900. If we break it down further, the land itself was valued at $4,200. Improvements to the property, however, were assessed at a total of $126,700. 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: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,287
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 2,164
  • Gross Building Area: 2,164
  • Building Area: 2,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,164
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH MILWAUKEE SUBD
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: ORIGINAL NORTH MILWAUKEE SUBD NO 1 IN SE 1/4 SEC 36-8-21 BLOCK 1 LOT 3 & S 20' LOT 2

Ownership

  • Current Owner : JONES LANORA L
  • Previous Owner : FLEMING SAMUEL L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 001000

Zoning

  • Zoning: RT3

Geography

  • Assessors Map Reference: MB 20705
  • Section: Aug 21, 2036
  • Parcel: 207-0602-000
  • Block: 1
  • Lot: 2,3
  • Meridian: SEC 36 TWN 08N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.1094
  • Longitude: -87.9468

    Address

  • Full Address: 5057 N 27th St
  • Address - House Number: 5057
  • Street Direction: N
  • Address - Street Name: 27th
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Zip Code: 53209

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,117
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 60
  • Final Value: 121,294
  • High Value: 154,765
  • Low Value: 87,823

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $134,320
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $129,020
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052
  • Second Open Lien Mortgage Lender: WISCONSIN HOUSING & ECONOMIC D
  • Second Open Lien Mortgage Recording Date: Dec 28, 2021
  • Second Open Lien Mortgage Loan Amount: $5,300
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 23, 2031

    Market Valuation

  • Market Total Value: $130,900
  • Market Land Value: $4,200
  • Market Improvement Value: $126,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $130,900
  • Assessed Land Value: $4,200
  • Assessed Improvements Value: $126,700

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Transaction ID: 11875907402
  • Current Sale Price: $131,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11202462

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Dec 28, 2021
  • First Mortgage Loan Amount: $129,020
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

About Old North Milwaukee



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Frequently Asked Questions

What neighborhood is 5057 North 27th Street located in?
The 5057 North 27th Street is a located in the neighborhood of Old North Milwaukee in Old North Milwaukee, Milwaukee.
What is the average sales price for listings in 5057 North 27th Street?
The average sales price for units in 5057 North 27th Street is $0 currently.

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