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638 South 62nd Street

638 South 62nd Street, Milwaukee, WI 53214
Multifamily in Johnson's Woods
Sold Sep 01, 2023
$142,000
Sold Oct 16, 2006
$170,000
$153,000 by Park Bank
Mortgage Due Sep 01, 2036
638 South 62nd Street in Milwaukee, WI was first built in 1920 and is 104 years old. This has been categorized as a residential property type. There are a total of 2 floors. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 638 South 62nd Street has 2,200 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. In total, the area measurement of the land is 4,375 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of asbestos shingle. 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, 638 South 62nd Street sold most recently in Aug 21, 2023 for a total of $142,000. If you work out the math, that's approximately a cost of $64.55 per sqft. Before that, the property was also sold for $170,000 in Sep 6, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,052 in taxes each year. 638 South 62nd Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $212,200. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $202,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Aluminum Siding
Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 12
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,375
  • Total Building Area: 2,200
  • Gross Building Area: 2,200
  • Building Area: 2,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COTTAGE HOME PARK
  • Land Acres: 0.1
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: COTTAGE HOME PARK IN NE 1/4 SEC 34-7-21 BLOCK 3 N 5' OF LOT 23 & LOT 24

Ownership

  • Current Owner : MILLER BRIAN
  • Previous Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Owner Before Previous Owner: COLON HECTOR
  • Owner Before Previous Owner 2: CABRAL ROGELIO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 03, 2023

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 013000

Zoning

  • Zoning: RT3

Geography

  • Assessors Map Reference: MB 6800
  • Section: Jul 21, 2034
  • Parcel: 420-0031-100
  • Block: 3
  • Lot: 23,24
  • Meridian: SEC 34 TWN 07N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.0252
  • Longitude: -87.9897

    Address

  • Full Address: 638 S 62nd St
  • Address - House Number: 638
  • Street Direction: S
  • Address - Street Name: 62nd
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C010
  • 4-Digit Zip Code: 1854
  • Zip Code: 53214

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,052

    Appraisal Valuation

  • Standard Deviation: 0.4911
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 1
  • Final Value: 250,619
  • High Value: 373,704
  • Low Value: 127,533

    Market Valuation

  • Market Total Value: $212,200
  • Market Land Value: $10,000
  • Market Improvement Value: $202,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $212,200
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $202,200

    Sales

  • Current Sale Contract Date: Aug 21, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Transaction ID: 11912073538
  • Current Sale Price: $142,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 11363888
  • Previous Sale Recording Date: Oct 16, 2006
  • Previous Sale Contract Date: Sep 06, 2006
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDLAND TRUST COMPANY
  • First Mortgage Transaction Date: Sep 01, 2023
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: PARK BANK
  • Previous Mortgage Transaction Date: Oct 16, 2006
  • Previous Mortgage Loan Amount: $153,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Johnson's Woods



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Frequently Asked Questions

What neighborhood is 638 South 62nd Street located in?
The 638 South 62nd Street is a multifamily located in the neighborhood of Johnson's Woods in Johnson's Woods, Milwaukee.
What is the average sales price for listings in 638 South 62nd Street?
The average sales price for units in 638 South 62nd Street is $0 currently.

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