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5240 North 54th Street

5240 North 54th Street, Milwaukee, WI 53218
Property in McGovern Park
Sold Sep 17, 2015
$62,300
$63,600 by Wisconsin Mortgage Corp
Mortgage Due Oct 01, 2045
Sold May 04, 2010
$90,000
$87,300 by Us Bank Na
Mortgage Due May 01, 2040
5240 North 54th Street in Milwaukee, WI was first built in 1948 and is 76 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 Cape Cod style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5240 North 54th Street has 1,248 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 8,710 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 400 sqft. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 5240 North 54th Street sold most recently in Sep 3, 2015 for a total of $62,300. If you work out the math, that's approximately a cost of $49.92 per sqft. Before that, the property was also sold for $90,000 in Apr 27, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,436 in taxes each year. 5240 North 54th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $102,300. If we break it down further, the land itself was valued at $5,200. Improvements to the property, however, were assessed at a total of $97,100. 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: 1948
  • Effective Year Built: 1948
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 888
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,710
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HACKBARTH'S SUBD
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HACKBARTH'S SUBD IN NW 1/4 SEC 35-8-21 BLOCK 4 LOT 5

Ownership

  • Current Owner : NASH DONALD
  • Previous Owner : CASH LAFAYETTE
  • Previous Owner 2: SUMMERS CASH LASONYA R
  • Owner Before Previous Owner: PAPP ROXANE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 001900

Zoning

  • Zoning: RS6

Geography

  • Assessors Map Reference: MB 19012
  • Section: Aug 21, 2035
  • Parcel: 190-0937-000
  • Block: 4
  • Lot: 5
  • Meridian: SEC 35 TWN 08N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.113
  • Longitude: -87.9797

    Address

  • Full Address: 5240 N 54th St
  • Address - House Number: 5240
  • Street Direction: N
  • Address - Street Name: 54th
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C043
  • 4-Digit Zip Code: 3331
  • Zip Code: 53218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,436

    Appraisal Valuation

  • Standard Deviation: 0.4707
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 5
  • Final Value: 62,408
  • High Value: 91,786
  • Low Value: 33,029

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,600
  • First Open Lien Mortgage Lender: WISCONSIN MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 17, 2015
  • First Open Lien Mortgage Loan Amount: $63,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2045

    Market Valuation

  • Market Total Value: $102,300
  • Market Land Value: $5,200
  • Market Improvement Value: $97,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,300
  • Assessed Land Value: $5,200
  • Assessed Improvements Value: $97,100

    Sales

  • Current Sale Contract Date: Sep 03, 2015
  • Current Sale Recording Date: Sep 17, 2015
  • Current Sale Transaction ID: 1346929777
  • Current Sale Price: $62,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10500073
  • Previous Sale Recording Date: May 04, 2010
  • Previous Sale Contract Date: Apr 27, 2010
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WISCONSIN MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 17, 2015
  • First Mortgage Loan Amount: $63,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: May 04, 2010
  • Previous Mortgage Loan Amount: $87,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2040

About McGovern Park



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Frequently Asked Questions

What neighborhood is 5240 North 54th Street located in?
The 5240 North 54th Street is a located in the neighborhood of McGovern Park in McGovern Park, Milwaukee.
What is the average sales price for listings in 5240 North 54th Street?
The average sales price for units in 5240 North 54th Street is $0 currently.

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