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5335 South Magellan Drive

5335 South Magellan Drive, New Berlin, WI 53151
Property in Hales Heights
Sold Jun 19, 1998
$141,500
$106,500 by Ameri Star Mtg Corp
Mortgage Due Jun 01, 2028
5335 South Magellan Drive in New Berlin, WI was first built in 1960 and is 64 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 ranch/rambler 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 is a 1 partial bathroom. 5335 South Magellan Drive has 1,242 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. The linear feet across the front of the lot is 1,560 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 21,824 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of tile. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 462 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 forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5335 South Magellan Drive sold most recently in May 18, 1998 for a total of $141,500. If you work out the math, that's approximately a cost of $52.18 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 $3,186 in taxes each year. 5335 South Magellan Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $216,400. If we break it down further, the land itself was valued at $59,300. Improvements to the property, however, were assessed at a total of $157,100. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,008
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,824
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,560
  • Total Building Area: 2,712
  • Building Area: 1,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,242
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HALECREST
  • Land Acres: 0.501
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 9 BLK 2 HALECREST PT SE.25 SEC 25 T6N R20E R2681 I679 5/18/98

Ownership

  • Current Owner : FALLON THOMAS J
  • Current Owner 2: FALLON MARY LOU
  • Previous Owner : STROIKA RONALD R
  • Previous Owner 2: STROIKA LAURA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Berlin School District
  • School Tax School District: WAUKESHA TECH
  • Census Tract: 201504

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: 06N-20E-25
  • District: NBC
  • Parcel: NBC -1252-028
  • Block: 2
  • Lot: 9
  • Meridian: SEC 25 TWN 6N RNG 20E
  • Municipality: CITY OF NEW BERLIN
  • Latitude: 42.9476
  • Longitude: -88.0775

    Address

  • Full Address: 5335 S Magellan Dr
  • Address - House Number: 5335
  • Street Direction: S
  • Address - Street Name: Magellan
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: New Berlin
  • Carrier Code: C009
  • 4-Digit Zip Code: 8146
  • Zip Code: 53151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,186
  • Tax Rate Code Area: 3925

    Appraisal Valuation

  • Standard Deviation: 0.1258
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 86
  • Final Value: 332,325
  • High Value: 374,149
  • Low Value: 290,502

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $131,500
  • First Open Lien Mortgage Lender: AMERI STAR MTG CORP
  • First Open Lien Mortgage Recording Date: Jun 19, 1998
  • First Open Lien Mortgage Loan Amount: $106,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2028
  • Second Open Lien Mortgage Lender: ASSOCIATED BANK
  • Second Open Lien Mortgage Recording Date: Oct 20, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 06, 2051

    Market Valuation

  • Market Total Value: $250,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,400
  • Assessed Land Value: $59,300
  • Assessed Improvements Value: $157,100

    Sales

  • Current Sale Contract Date: May 18, 1998
  • Current Sale Recording Date: Jun 19, 1998
  • Current Sale Transaction ID: 1166375676
  • Current Sale Price: $141,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2331020

    Last Sale Mortgage

  • First Mortgage Lender: AMERI STAR MTG CORP
  • First Mortgage Transaction Date: Jun 19, 1998
  • First Mortgage Loan Amount: $106,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2028

About Hales Heights



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Frequently Asked Questions

What neighborhood is 5335 South Magellan Drive located in?
The 5335 South Magellan Drive is a located in the neighborhood of Hales Heights in Hales Heights, New Berlin.
What is the average sales price for listings in 5335 South Magellan Drive?
The average sales price for units in 5335 South Magellan Drive is $0 currently.

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