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8224 West Potomac Avenue

8224 West Potomac Avenue, Milwaukee, WI 53218
Sold Sep 12, 2002
$92,900
$78,965 by Americas Wholesale Lndr
Mortgage Due Sep 01, 2032
8224 West Potomac Avenue in Milwaukee, WI was first built in 1967 and is 57 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8224 West Potomac Avenue has 1,150 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 6,000 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 240 sqft. The exterior walls of the home are made of brick. As for heating, the home is utilizing a heating system. 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, 8224 West Potomac Avenue sold most recently in Aug 15, 2002 for a total of $92,900. If you work out the math, that's approximately a cost of $80.78 per sqft. 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 $3,533 in taxes each year. 8224 West Potomac Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $148,400. If we break it down further, the land itself was valued at $15,100. Improvements to the property, however, were assessed at a total of $133,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,150
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,150
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INCL IN ASSESSMENT ACRES
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CRAZY ACRES BEING A RESUBD OF A PART OF LOTS 1 TO 15 INCL IN ASSESSMENT SUBD NO 67 & LANDS IN NE 1/4 SEC 4-7-21 BLOCK 3 LOT 5

Ownership

  • Current Owner : DIBB PATRICIA L
  • Previous Owner : STROEBEL KATHLEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 003300

Zoning

  • Zoning: RS5

Geography

  • Assessors Map Reference: MB 22424
  • Section: Jul 21, 2004
  • Parcel: 224-0113-000
  • Block: 3
  • Lot: 1-15
  • Meridian: SEC 04 TWN 70N RNG 21E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 43.1018
  • Longitude: -88.0148

    Address

  • Full Address: 8224 W Potomac Ave
  • Address - House Number: 8224
  • Street Direction: W
  • Address - Street Name: Potomac
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C058
  • 4-Digit Zip Code: 4567
  • Zip Code: 53218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,533

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 60
  • Final Value: 170,925
  • High Value: 218,092
  • Low Value: 123,759

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $142,967
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LNDR
  • First Open Lien Mortgage Recording Date: Sep 12, 2002
  • First Open Lien Mortgage Loan Amount: $78,965
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2032
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Recording Date: Dec 15, 2014
  • Second Open Lien Mortgage Loan Amount: $64,002
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2045

    Market Valuation

  • Market Total Value: $148,400
  • Market Land Value: $15,100
  • Market Improvement Value: $133,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $148,400
  • Assessed Land Value: $15,100
  • Assessed Improvements Value: $133,300

    Sales

  • Current Sale Contract Date: Aug 15, 2002
  • Current Sale Recording Date: Sep 12, 2002
  • Current Sale Transaction ID: 1160909374
  • Current Sale Price: $92,900
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 8344689

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LNDR
  • First Mortgage Transaction Date: Sep 12, 2002
  • First Mortgage Loan Amount: $78,965
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2032

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Frequently Asked Questions

What neighborhood is 8224 West Potomac Avenue located in?
The 8224 West Potomac Avenue is a located in the neighborhood of Arlington Gardens in Arlington Gardens, Milwaukee.
What is the average sales price for listings in 8224 West Potomac Avenue?
The average sales price for units in 8224 West Potomac Avenue is $0 currently.

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