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5151 North 83rd Street

5151 North 83rd Street, Milwaukee, WI 53218
Property in Long View
Sold Jan 19, 2024
$122,900
$170,000 by Mach1 Lending Llc
Mortgage Due Jan 19, 2054
Sold Mar 22, 2021
$100,000
Buyer
Seller
$168,599 by First Centennial Mortgage Corp
Mortgage Due Apr 01, 2051
5151 North 83rd 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 1956 and is 68 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5151 North 83rd Street has 963 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 6,360 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 asbestos shingle. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 5151 North 83rd Street was last sold in Dec 19, 2023 for $122,900. According to our calculations, that's $127.62 per sqft. Prior to that sales transaction, the property was sold for $100,000 in Mar 11, 2021. Current property owners are expected to pay $3,067 in taxes per year. The property on 5151 North 83rd Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $128,800. To break that down further, the land itself was valued at $8,100. While improvements to the property were assessed at a total of $120,700. 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. 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.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: 1956
  • Effective Year Built: 1956
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 963
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,360
  • Total Building Area: 963
  • Building Area: 963
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 963
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONGWOOD PARKSITES NO 4
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LONGWOOD PARKSITES NO 4 IN SE 1/4 SEC 33-8-21 BLOCK 5 LOT 4

Ownership

  • Current Owner : MONROE0808INVESTMENTS LLC
  • Previous Owner : VB ONE LLC
  • Owner Before Previous Owner: RAMPIKE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 001700

Zoning

  • Zoning: RS6

Geography

  • Assessors Map Reference: MB 21327
  • Section: Aug 21, 2033
  • Parcel: 213-0235-000
  • Block: 5
  • Lot: 4
  • Meridian: SEC 33 TWN 08N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.1116
  • Longitude: -88.0149

    Address

  • Full Address: 5151 N 83rd St
  • Address - House Number: 5151
  • Street Direction: N
  • Address - Street Name: 83rd
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C002
  • 4-Digit Zip Code: 3647
  • Zip Code: 53218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,067

    Appraisal Valuation

  • Standard Deviation: 0.1101
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 88
  • Final Value: 132,090
  • High Value: 146,637
  • Low Value: 117,543

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: MACH1 LENDING LLC
  • First Open Lien Mortgage Recording Date: Jan 19, 2024
  • First Open Lien Mortgage Loan Amount: $170,000
  • 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: Jan 19, 2054

    Market Valuation

  • Market Total Value: $128,800
  • Market Land Value: $8,100
  • Market Improvement Value: $120,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,800
  • Assessed Land Value: $8,100
  • Assessed Improvements Value: $120,700

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Transaction ID: 11919525429
  • Current Sale Price: $122,900
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 11394910
  • Previous Sale Recording Date: Mar 22, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MACH1 LENDING LLC
  • First Mortgage Transaction Date: Jan 19, 2024
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 22, 2021
  • Previous Mortgage Loan Amount: $168,599
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 5151 North 83rd Street located in?
The 5151 North 83rd Street is a located in the neighborhood of Long View in Long View, Milwaukee.
What is the average sales price for listings in 5151 North 83rd Street?
The average sales price for units in 5151 North 83rd Street is $0 currently.

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