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7518 West Fond Du Lac Avenue

7518 West Fond Du Lac Avenue, Milwaukee, WI 53218
Property in Valhalla
1 Units For Sale
Unit for sale at 7518 W Fond Du Lac Ave, Milwaukee, WI 53218

$350,000

  • Commercial
  • 1,653 ft²
7518 W Fond Du Lac Ave, Milwaukee, WI 53218 Listing by Nicole L Ehrhart Fenner

7518 West Fond Du Lac Avenue in Milwaukee, WI was first built in 1953 and is 71 years old. This has been categorized as a commercial property type. It is a single story home. In total, the area measurement of the land is 9,600 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of concrete block. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7518 West Fond Du Lac Avenue was last sold in Dec 19, 2019 for $150,000. According to our calculations, that's $90.74 per sqft. Prior to that sales transaction, the property was sold for $52,500 in Jan 31, 1997. Current property owners are expected to pay $460 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 7518 West Fond Du Lac Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $160,800. To break that down further, the land itself was valued at $19,200. While improvements to the property were assessed at a total of $141,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Brick 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

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,600
  • Total Building Area: 1,653
  • Gross Building Area: 1,653
  • Building Area: 1,653
  • Building Area Measurement: Total Area

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: HIGHLANDS
  • Land Acres: 0.22
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: FONDTOSA HIGHLANDS NO 2 IN SW 1/4 SEC 34-8-21 BLOCK 9 LOTS 10 & 11 AND NELY 20' OF VAC W FOND DU LAC AV ADJ

Ownership

  • Current Owner : LUSTER ENTERPRISES LLC
  • Previous Owner : GREEN BRIAN R
  • Owner Before Previous Owner: ZOSCHKE IRMA G
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 30, 2023

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 001800

Zoning

  • Zoning: LB1

Geography

  • Assessors Map Reference: MB 18704
  • Section: Aug 21, 2034
  • Parcel: 188-0415-110
  • Block: 9
  • Lot: 10,11
  • Meridian: SEC 34 TWN 08N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.1129
  • Longitude: -88.0047

    Address

  • Full Address: 7518 W Fond Du Lac Ave
  • Address - House Number: 7518
  • Street Direction: W
  • Address - Street Name: Fond Du Lac
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C091
  • 4-Digit Zip Code: 2816
  • Zip Code: 53218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $460
  • Intital Tax Deliquent Year: 2018

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: VELOCITY COMMERCIALAL CAPITAL
  • First Open Lien Mortgage Recording Date: Mar 18, 2021
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $160,800
  • Market Land Value: $19,200
  • Market Improvement Value: $141,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $160,800
  • Assessed Land Value: $19,200
  • Assessed Improvements Value: $141,600

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Transaction ID: 11712605524
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10940622
  • Previous Sale Recording Date: Feb 28, 1997
  • Previous Sale Contract Date: Jan 31, 1997
  • Previous Sale Amount: $52,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Previous Mortgages

  • Previous Mortgage Lender: M&I MARSHALL & ILSLEY BANK
  • Previous Mortgage Transaction Date: Feb 28, 1997
  • Previous Mortgage Loan Amount: $25,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Valhalla



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Frequently Asked Questions

What neighborhood is 7518 West Fond Du Lac Avenue located in?
The 7518 West Fond Du Lac Avenue is a located in the neighborhood of Valhalla in Valhalla, Milwaukee.
How many listings are currently for sale in 7518 West Fond Du Lac Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 7518 West Fond Du Lac Avenue?
The average sales price for units in 7518 West Fond Du Lac Avenue is $350,000 , or $212/sqft. currently.

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