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5537 North Bay Ridge Avenue

5537 North Bay Ridge Avenue, Milwaukee, WI 53217
Property in Whitefish Bay
Sold May 27, 2021
$455,000
$432,250 by Johnson Bank
Mortgage Due Jun 01, 2051
Sold Sep 11, 2008
Transfer
Local assessors in Milwaukee, WI have categorized 5537 North Bay Ridge Avenue as a residential type of property. The home was built in 1937 and is 87 years old. The property's lot size has been calculated to be 5,223 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5537 North Bay Ridge Avenue has a total of 1,922 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,346 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 362 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. Lots of rock and stone 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 and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5537 North Bay Ridge Avenue was last sold in May 14, 2021 for $455,000. According to our calculations, that's $236.73 per sqft. Current property owners are expected to pay $7,105 in taxes per year. The property on 5537 North Bay Ridge Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $383,300. To break that down further, the land itself was valued at $92,200. While improvements to the property were assessed at a total of $291,100. 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. 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!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: 1937
  • Effective Year Built: 1937
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Colonial
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,346
  • Garage Type: Detached
  • Garage Square Area: 362
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,223
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,922
  • Building Area: 1,922
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,922
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SILVER SPRING GARDENS SUBD
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SILVER SPRING GARDENS SUBD. LOT 15

Ownership

  • Current Owner : MAY JOHN W
  • Current Owner 2: MAY AMANDA T
  • Previous Owner : KATCHA JASON S
  • Owner Before Previous Owner: HORTON SONJI V
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Whitefish Bay School District
  • Census Tract: 070100

Zoning

  • Zoning: RESIDENTIA

Geography

  • Parcel: 197-0080-000
  • Lot: 15
  • Municipality: WHITEFISH_BAY
  • Latitude: 43.1171
  • Longitude: -87.9108

    Address

  • Full Address: 5537 N Bay Ridge Ave
  • Address - House Number: 5537
  • Street Direction: N
  • Address - Street Name: Bay Ridge
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C082
  • 4-Digit Zip Code: 5146
  • Zip Code: 53217

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,105

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 69
  • Final Value: 517,286
  • High Value: 632,934
  • Low Value: 401,638

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $432,250
  • First Open Lien Mortgage Lender: JOHNSON BANK
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Loan Amount: $432,250
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $407,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $383,300
  • Assessed Land Value: $92,200
  • Assessed Improvements Value: $291,100

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11837737958
  • Current Sale Price: $455,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11119919
  • Previous Sale Recording Date: Sep 11, 2008
  • Previous Sale Contract Date: Aug 07, 2008
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: JOHNSON BANK
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $432,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Whitefish Bay



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Frequently Asked Questions

What neighborhood is 5537 North Bay Ridge Avenue located in?
The 5537 North Bay Ridge Avenue is a located in the neighborhood of Whitefish Bay in Whitefish Bay, Milwaukee.
What is the average sales price for listings in 5537 North Bay Ridge Avenue?
The average sales price for units in 5537 North Bay Ridge Avenue is $0 currently.

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