Check Availability
$249,900
House - For Sale

701 Elm Ave

South Milwaukee, WI 53172
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1409 Sqft
$1,549
Estimated Monthly
$0
HOA / Fees
5.42%
Cap Rate

About This Property

Don't miss this excellent South Milwaukee ranch just blocks from parks and Lake Michigan. The main level includes a spacious open living room and dining area. Kitchen has easy access to rear entry, backyard, and garage. 3 good sized bedrooms feature hardwood floors. Bathroom includes walk in, sit down tub. Awesome carpeted rec room with bar is the perfect area for additional living and entertainment space. Half bath in lower too. Rest of basement is clean and perfect for storage or work. Per previous listing (2017) new roof. AC replaced and gutter guards added 2023. Updated windows. Large corner lot with great partially fenced yard and huge 2.5 car garage.

The manager has listed the unit size as 1409 square feet.
Unit Size
1,409Ft²
Days on Market
27 days
Land Size
0.18 acres
Price per sqft
$177
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1950
Listed By
The Krickeberg Group*
Keller Williams Realty-Milwaukee Southwest
Last updated: 26 days ago (METROMLSWI #1870017)

Price History

Date / Event Date Event Price
Apr 4, 2024 Listed by Keller Williams - Milwaukee Southwest $249,900
Listed by Keller Williams - Milwaukee Southwest

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,680
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MFRS ADD
  • Land Acres: 0.176
  • Legal Description 1: MFRS ADD NE 1/4 SEC 2 5 22 LOTS 18 & 19 BLK 15 64 X 120

Ownership

  • Current Owner : KACHELMEIER RALPH R
  • Current Owner 2: KACHELMEIER JANET R
  • Previous Owner : MORONEY JAMES D
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: South Milwaukee School District
  • School Tax School District: 5439
  • Census Tract: 170100

Geography

  • Parcel: 724-0409-000
  • Block: 15
  • Lot: 18,19
  • Municipality: CITY OF SOUTH MILWAUKEE
  • Latitude: 42.923
  • Longitude: -87.8565

    Address

  • Full Address: 701 Elm Ave
  • Address - House Number: 701
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: South Milwaukee
  • Carrier Code: C003
  • 4-Digit Zip Code: 1305
  • Zip Code: 53172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,754

    Appraisal Valuation

  • Standard Deviation: 0.2526
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 252,608
  • High Value: 316,421
  • Low Value: 188,796

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,200
  • First Open Lien Mortgage Lender: CLEARPATH LENDING
  • First Open Lien Mortgage Recording Date: Aug 22, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $207,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $208,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $203,800
  • Assessed Land Value: $66,700
  • Assessed Improvements Value: $137,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 15, 2017
  • Current Sale Recording Date: Feb 16, 2017
  • Current Sale Transaction ID: 1806372037
  • Current Sale Price: $143,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 10650089

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Feb 16, 2017
  • First Mortgage Loan Amount: $146,074
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Mar 01, 2047

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
2 Baths
-
$239,900 Feb 14, 2024
-
$287/mo

About South Milwaukee


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  • 1 Bath
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Frequently Asked Questions

When was property at 701 Elm Avenue built and last sold?
The property at 701 Elm Avenue was built in 1950 and last sold on Feb 15, 2017 for $143,000.
How much is this home worth?
The estimated value of the home located at 701 Elm Avenue is $251,926.
What are some comparable homes to 701 Elm Avenue?
Homes that are comparable to 701 Elm Avenue include a multifamily property at 705 North Chicago Avenue, located in South Milwaukee, WI.

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