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550 North 61st Street

550 North 61st Street, Milwaukee, WI 53213
Property in Wauwatosa
Sold Mar 18, 2016
$226,000
$169,500 by Johnson Bank
Mortgage Due Apr 01, 2046
Sold Jul 24, 2015
$121,000
550 North 61st Street in Milwaukee, WI was first built in 1977 and is 47 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 are 2 partial bathrooms. 550 North 61st Street has 1,421 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 1,421 sqft and has been categorized as a full basement. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of brick. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 550 North 61st Street was last sold in Mar 10, 2016 for $226,000. According to our calculations, that's $159.04 per sqft. Prior to that sales transaction, the property was sold for $121,000 in Jul 17, 2015. Current property owners are expected to pay $6,009 in taxes per year. The property on 550 North 61st Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $287,300. To break that down further, the land itself was valued at $91,400. While improvements to the property were assessed at a total of $195,900. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1977
  • Effective Year Built: 1977
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,421
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,421
  • Building Area: 1,421
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,421
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAYSTONE PARK
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAYSTONE PARK LOT 11 BLK 14 NE & SE 1/4 SEC 27

Ownership

  • Current Owner : RAMA ROGER T
  • Current Owner 2: BALKOWSKI SAMANTHA L
  • Previous Owner : PETERS PROPERTY INVESTMENTS LLC
  • Owner Before Previous Owner: ROMANO FRANCES A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

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: 384-0497-00
  • Block: 14
  • Lot: 11
  • Municipality: CITY OF WAUWATOSA
  • Latitude: 43.0375
  • Longitude: -87.9884

    Address

  • Full Address: 550 N 61st St
  • Address - House Number: 550
  • Street Direction: N
  • Address - Street Name: 61st
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C001
  • 4-Digit Zip Code: 4166
  • Zip Code: 53213

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,009

    Appraisal Valuation

  • Standard Deviation: 0.2298
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 68
  • Final Value: 344,173
  • High Value: 423,286
  • Low Value: 265,060

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,500
  • First Open Lien Mortgage Lender: JOHNSON BANK
  • First Open Lien Mortgage Recording Date: Mar 18, 2016
  • First Open Lien Mortgage Loan Amount: $169,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $340,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $287,300
  • Assessed Land Value: $91,400
  • Assessed Improvements Value: $195,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 10, 2016
  • Current Sale Recording Date: Mar 18, 2016
  • Current Sale Transaction ID: 1482325813
  • Current Sale Price: $226,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10548005
  • Previous Sale Recording Date: Jul 24, 2015
  • Previous Sale Contract Date: Jul 17, 2015
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JOHNSON BANK
  • First Mortgage Transaction Date: Mar 18, 2016
  • First Mortgage Loan Amount: $169,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2046

About Wauwatosa



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Frequently Asked Questions

What neighborhood is 550 North 61st Street located in?
The 550 North 61st Street is a located in the neighborhood of Wauwatosa in Wauwatosa, Milwaukee.
What is the average sales price for listings in 550 North 61st Street?
The average sales price for units in 550 North 61st Street is $0 currently.

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