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5201 North 45th Street

5201 North 45th Street, Milwaukee, WI 53218
Property in McGovern Park
Sold Mar 22, 2021
$50,000
Buyer
Seller
$129,500 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2051
Sold Oct 17, 2013
$24,500
Local assessors in Milwaukee, WI have categorized 5201 North 45th Street as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 4,320 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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 5201 North 45th Street has a total of 944 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 280 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. The home's a heating system is the primary heating source. 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, 5201 North 45th Street sold most recently in Mar 11, 2021 for a total of $50,000. If you work out the math, that's approximately a cost of $52.97 per sqft. Before that, the property was also sold for $24,500 in Apr 8, 2013. 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 $1,757 in taxes each year. 5201 North 45th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $74,500. If we break it down further, the land itself was valued at $2,600. Improvements to the property, however, were assessed at a total of $71,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 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: 936
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,320
  • Total Building Area: 944
  • Building Area: 944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOWNER & ROACH SUBD
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DOWNER & ROACH SUBD NO 1 IN NE 1/4 SEC 35-8-21 BLOCK 3 (LOT 29 & E 10' LOT 28) EXC S 12'

Ownership

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

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 002000

Zoning

  • Zoning: RS6

Geography

  • Assessors Map Reference: MB 19107
  • Section: Aug 21, 2035
  • Parcel: 191-0042-000
  • Block: 3
  • Lot: 29
  • Meridian: SEC 35 TWN 08N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.1123
  • Longitude: -87.9691

    Address

  • Full Address: 5201 N 45th St
  • Address - House Number: 5201
  • Street Direction: N
  • Address - Street Name: 45th
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C078
  • 4-Digit Zip Code: 3418
  • Zip Code: 53218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,757

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 60
  • Final Value: 104,163
  • High Value: 132,907
  • Low Value: 75,419

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,500
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $129,500
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $74,500
  • Market Land Value: $2,600
  • Market Improvement Value: $71,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,500
  • Assessed Land Value: $2,600
  • Assessed Improvements Value: $71,900

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11825981918
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11092789
  • Previous Sale Recording Date: Oct 17, 2013
  • Previous Sale Contract Date: Apr 08, 2013
  • Previous Sale Amount: $24,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $129,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 5201 North 45th Street located in?
The 5201 North 45th Street is a located in the neighborhood of McGovern Park in McGovern Park, Milwaukee.
What is the average sales price for listings in 5201 North 45th Street?
The average sales price for units in 5201 North 45th Street is $0 currently.

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