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742 East Sylvan Avenue

742 East Sylvan Avenue, Milwaukee, WI 53217
Property in Whitefish Bay
Sold Dec 13, 2021
$565,000
$452,000 by Waterstone Mortgage Corp
Mortgage Due Dec 01, 2051
Sold Jun 29, 2020
$480,000
$384,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2035
Local assessors in Milwaukee, WI have categorized 742 East Sylvan Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 7,000 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod 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, 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 742 East Sylvan Avenue has a total of 1,456 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 1,138 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 498 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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, 742 East Sylvan Avenue sold most recently in Nov 29, 2021 for a total of $565,000. If you work out the math, that's approximately a cost of $388.05 per sqft. Before that, the property was also sold for $480,000 in May 28, 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 $8,714 in taxes each year. 742 East Sylvan Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $466,900. If we break it down further, the land itself was valued at $123,900. Improvements to the property, however, were assessed at a total of $343,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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 / Wood Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Cape Cod
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,138
  • Garage Type: Detached
  • Garage Square Area: 498
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,456
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONE & THOMAS SUBD
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STONE & THOMAS' SUBD. BEING IDLEWILD NO. 3 ALL LOT 9 & E 20' LOT 10 BLK. 3 & PT ST VAC ADJ SAID LOTS

Ownership

  • Current Owner : JEN ADAM
  • Current Owner 2: WANG YING
  • Previous Owner : PANAS ANASTASIOS
  • Previous Owner 2: PANAS CATHERINE
  • Owner Before Previous Owner: ZILLIG MOLLY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: RESIDENTIA

Geography

  • Parcel: 198-0178-000
  • Block: 3
  • Lot: 9,10
  • Municipality: WHITEFISH_BAY
  • Latitude: 43.1124
  • Longitude: -87.9008

    Address

  • Full Address: 742 E Sylvan Ave
  • Address - House Number: 742
  • Street Direction: E
  • Address - Street Name: Sylvan
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C018
  • 4-Digit Zip Code: 5350
  • Zip Code: 53217

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,714

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 76
  • Final Value: 613,612
  • High Value: 723,824
  • Low Value: 503,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $452,000
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $452,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $496,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $466,900
  • Assessed Land Value: $123,900
  • Assessed Improvements Value: $343,000

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Transaction ID: 11873844742
  • Current Sale Price: $565,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11197082
  • Previous Sale Recording Date: Jun 29, 2020
  • Previous Sale Contract Date: May 28, 2020
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 13, 2021
  • First Mortgage Loan Amount: $452,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 29, 2020
  • Previous Mortgage Loan Amount: $384,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Whitefish Bay



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Frequently Asked Questions

What neighborhood is 742 East Sylvan Avenue located in?
The 742 East Sylvan Avenue is a located in the neighborhood of Whitefish Bay in Whitefish Bay, Milwaukee.
What is the average sales price for listings in 742 East Sylvan Avenue?
The average sales price for units in 742 East Sylvan Avenue is $0 currently.

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