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510 Montana Avenue

510 Montana Avenue, South Milwaukee, WI 53172
Property in South Milwaukee
Sold Jan 23, 2020
$189,000
$141,750 by Jpmorgan Chase Bank Na
Mortgage Due Feb 01, 2050
Sold Jun 01, 2016
$117,000
$99,450 by Assured Mortgage Inc
Mortgage Due Jun 01, 2046
510 Montana Avenue has been categorized by the local assessors in South Milwaukee, WI as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The building has a total of 2 stories. In addition, 510 Montana Avenue has 2,138 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 6,637 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 510 Montana Avenue sold most recently in Jan 13, 2020 for a total of $189,000. If you work out the math, that's approximately a cost of $88.40 per sqft. Before that, the property was also sold for $117,000 in Apr 29, 2016. 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 $4,459 in taxes each year. 510 Montana Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $227,500. If we break it down further, the land itself was valued at $62,500. Improvements to the property, however, were assessed at a total of $165,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1925
  • Effective Year Built: 1925
  • Total Rooms: 10
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,637
  • Total Building Area: 2,138
  • Building Area: 2,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,138
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SO MILW BLVD HEIGHTS
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SO MILW BLVD HEIGHTS SE 1/4 SEC 11 5 22 LOT 9 & 10 BLK 1 55.31 X 120

Ownership

  • Current Owner : RAY ROBERT R
  • Current Owner 2: RAY BETH A
  • Previous Owner : GISSIBI MARK A
  • Previous Owner 2: GISSIBI MICHELE A
  • Owner Before Previous Owner: SCHULTZ GEORGE SKY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Milwaukee School District
  • School Tax School District: 5439
  • Census Tract: 170700

Geography

  • Parcel: 776-0129-000
  • Block: 1
  • Lot: 9,10
  • Meridian: SEC 11 TWN 05N RNG 22E
  • Municipality: CITY OF SOUTH MILWAUKEE
  • Latitude: 42.9071
  • Longitude: -87.8525

    Address

  • Full Address: 510 Montana Ave
  • Address - House Number: 510
  • Address - Street Name: Montana
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: South Milwaukee
  • Carrier Code: C010
  • 4-Digit Zip Code: 2727
  • Zip Code: 53172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,459

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 64
  • Final Value: 168,845
  • High Value: 198,498
  • Low Value: 139,191

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $141,750
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 23, 2020
  • First Open Lien Mortgage Loan Amount: $141,750
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $233,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $227,500
  • Assessed Land Value: $62,500
  • Assessed Improvements Value: $165,000

    Sales

  • Current Sale Contract Date: Jan 13, 2020
  • Current Sale Recording Date: Jan 23, 2020
  • Current Sale Transaction ID: 11719758291
  • Current Sale Price: $189,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10946363
  • Previous Sale Recording Date: Jun 01, 2016
  • Previous Sale Contract Date: Apr 29, 2016
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 23, 2020
  • First Mortgage Loan Amount: $141,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ASSURED MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 01, 2016
  • Previous Mortgage Loan Amount: $99,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046

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Frequently Asked Questions

What neighborhood is 510 Montana Avenue located in?
The 510 Montana Avenue is a located in the neighborhood of South Milwaukee in South Milwaukee, South Milwaukee.
What is the average sales price for listings in 510 Montana Avenue?
The average sales price for units in 510 Montana Avenue is $0 currently.

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