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624 East Locust Street

624 East Locust Street, Milwaukee, WI 53212
Property in Riverwest
Sold Apr 15, 2021
$250,000
$237,500 by Inlanta Mortgage Inc
Mortgage Due May 01, 2051
Sold Oct 12, 2020
$78,000
$181,477 by Loandepot.com Llc
Mortgage Due Oct 01, 2050
Local assessors in Milwaukee, WI have categorized 624 East Locust Street as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 4,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 624 East Locust Street has a total of 1,538 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 308 sqft. Lots of wood were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. The property was last sold in Mar 25, 2021 for $250,000. That's $162.55 per sqft. Prior to that sales transaction, the property was also sold in Sep 22, 2020 for $78,000. 624 East Locust Street was last assessed in 2022. The total value of the property was assessed at $250,000. Specifically, the land the property is located on was valued at $22,300. While improvements on the property were assessed at a total of $227,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,953. 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. 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: 1890
  • Effective Year Built: 1890
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Duplex
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 880
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 1,538
  • Gross Building Area: 1,538
  • Building Area: 1,538
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,538
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J B SMITHS SUBDIVISION
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBD OF J B SMITH'S IN NW 1/4 SEC 16-7-22 BLOCK 73 LOTS 35 & 36

Ownership

  • Current Owner : RICH AMBER L
  • Previous Owner : WIERSEMA EMILY L
  • Owner Before Previous Owner: MILLER JOEL R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 007100

Zoning

  • Zoning: RT4

Geography

  • Assessors Map Reference: MB 31418
  • Section: Jul 22, 2016
  • Parcel: 314-0925-000
  • Block: 73
  • Lot: 35,36
  • Meridian: SEC 16 TWN 07N RNG 22E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.0713
  • Longitude: -87.9032

    Address

  • Full Address: 624 E Locust St
  • Address - House Number: 624
  • Street Direction: E
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C008
  • 4-Digit Zip Code: 2545
  • Zip Code: 53212

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,953

    Appraisal Valuation

  • Standard Deviation: 0.4707
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 5
  • Final Value: 150,338
  • High Value: 221,108
  • Low Value: 79,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,500
  • First Open Lien Mortgage Lender: INLANTA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $237,500
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $22,300
  • Market Improvement Value: $227,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $250,000
  • Assessed Land Value: $22,300
  • Assessed Improvements Value: $227,700

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11830866411
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11102843
  • Previous Sale Recording Date: Oct 12, 2020
  • Previous Sale Contract Date: Sep 22, 2020
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLANTA MORTGAGE INC
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $237,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Oct 12, 2020
  • Previous Mortgage Loan Amount: $181,477
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 624 East Locust Street located in?
The 624 East Locust Street is a located in the neighborhood of Riverwest in Riverwest, Milwaukee.
What is the average sales price for listings in 624 East Locust Street?
The average sales price for units in 624 East Locust Street is $0 currently.

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