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5807 West Burnham Street

5807 West Burnham Street, Milwaukee, WI 53219
Multifamily in West Allis
This has been categorized as a commercial property type. In total, the area measurement of the land is 11,326 square feet.

Learn more about the property and building on this page. 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, 5807 West Burnham Street sold most recently in Mar 1, 2021 for a total of $700,000. Before that, the property was also sold for $500,000 in Jan 23, 2020. 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 $11,095 in taxes each year. 5807 West Burnham Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $395,000. If we break it down further, the land itself was valued at $76,800. Improvements to the property, however, were assessed at a total of $318,200. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MC GEOCH FARM SUBD
  • Land Acres: 0.26
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: MC GEOCH FARM SUBD NO 1 LOTS 1 & 2 BLK 8 EXC COM IN NE COR OF LOT 1 TH W 18 FT SELY 13.05 FT TH NELY 18 FT TO BEG FOR STR

Ownership

  • Current Owner : VSM PROPERTIES LLC
  • Previous Owner : MGV RENTALS LLC
  • Owner Before Previous Owner: JMZ LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: West Allis School District
  • School Tax School District: 6300
  • School Tax District Code 2: 5020
  • Census Tract: 100200

Geography

  • Subdivision Tract Number: 1900
  • Parcel: 455-0095-000
  • Block: 8
  • Lot: 1,2
  • Meridian: SEC 02 TWN 06N RNG 21E
  • Municipality: CITY OF WEST ALLIS
  • Latitude: 43.01
  • Longitude: -87.9855

    Address

  • Full Address: 5807 W Burnham St
  • Address - House Number: 5807
  • Street Direction: W
  • Address - Street Name: Burnham
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C005
  • 4-Digit Zip Code: 1525
  • Zip Code: 53219

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,095

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: PEOPLES STATE BANK
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $560,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $550,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $395,000
  • Assessed Land Value: $76,800
  • Assessed Improvements Value: $318,200

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Transaction ID: 11832680105
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11106416
  • Previous Sale Recording Date: Jan 27, 2020
  • Previous Sale Contract Date: Jan 23, 2020
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES STATE BANK
  • First Mortgage Transaction Date: Apr 23, 2021
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: TRI CITY NATIONAL BANK
  • Previous Mortgage Transaction Date: Jan 27, 2020
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About West Allis



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Frequently Asked Questions

What neighborhood is 5807 West Burnham Street located in?
The 5807 West Burnham Street is a multifamily located in the neighborhood of West Allis in West Allis, Milwaukee.
What is the average sales price for listings in 5807 West Burnham Street?
The average sales price for units in 5807 West Burnham Street is $0 currently.

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