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547 North 62nd Street

547 North 62nd Street, Milwaukee, WI 53213
Property in Wauwatosa
Sold Jun 06, 2022
$166,000
$166,000 by Summit Credit Union
Mortgage Due Jul 01, 2052
Sold Aug 02, 2019
$102,000
$98,940 by Parkside Lending Llc
Mortgage Due Aug 01, 2049
547 North 62nd Street in Milwaukee, WI was first built in 1921 and is 103 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 547 North 62nd Street has 720 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 basement is 480 sqft and has been categorized as a full basement. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a gravity heating system and being fueled with gas. The property was last sold in May 27, 2022 for $166,000. That's $230.56 per sqft. Prior to that sales transaction, the property was also sold in Jul 12, 2019 for $102,000. 547 North 62nd Street was last assessed in 2022. The total value of the property was assessed at $135,800. Specifically, the land the property is located on was valued at $87,000. While improvements on the property were assessed at a total of $48,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,707. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 720
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAYSTONE PARK
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAYSTONE PARK LOT 24 BLK 12 NE & SE 1/4 SEC 27

Ownership

  • Current Owner : LAPPEN SHAE
  • Previous Owner : SYLVIA SCHWARTZ KAYLA RAE
  • Owner Before Previous Owner: KORB SAMUEL H
  • Owner Before Previous Owner 2: KORB SALLY K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wauwatosa School District
  • School Tax School District: 6244
  • School Tax District Code 2: 5020
  • Census Tract: 091400

Zoning

  • Zoning: R2

Geography

  • Parcel: 384-0450-00
  • Block: 12
  • Lot: 24
  • Municipality: CITY OF WAUWATOSA
  • Latitude: 43.0374
  • Longitude: -87.9903

    Address

  • Full Address: 547 N 62nd St
  • Address - House Number: 547
  • Street Direction: N
  • Address - Street Name: 62nd
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C001
  • 4-Digit Zip Code: 4169
  • Zip Code: 53213

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,707

    Appraisal Valuation

  • Standard Deviation: 0.2629
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 62
  • Final Value: 186,052
  • High Value: 234,970
  • Low Value: 137,134

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $182,500
  • First Open Lien Mortgage Lender: SUMMIT CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jun 06, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $166,000
  • 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: Jul 01, 2052
  • Second Open Lien Mortgage Lender: SUMMIT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 22, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $16,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 22, 2053

    Market Valuation

  • Market Total Value: $160,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $135,800
  • Assessed Land Value: $87,000
  • Assessed Improvements Value: $48,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Transaction ID: 11889563606
  • Current Sale Price: $166,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11253292
  • Previous Sale Recording Date: Aug 02, 2019
  • Previous Sale Contract Date: Jul 12, 2019
  • Previous Sale Amount: $102,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT CREDIT UNION
  • First Mortgage Transaction Date: Jun 06, 2022
  • First Mortgage Loan Amount: $166,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PARKSIDE LENDING LLC
  • Previous Mortgage Transaction Date: Aug 02, 2019
  • Previous Mortgage Loan Amount: $98,940
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 547 North 62nd Street located in?
The 547 North 62nd Street is a located in the neighborhood of Wauwatosa in Wauwatosa, Milwaukee.
What is the average sales price for listings in 547 North 62nd Street?
The average sales price for units in 547 North 62nd Street is $0 currently.

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