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8409 South Palomino Drive

8409 South Palomino Drive, Oak Creek, WI 53154
Property in Oak Creek
Sold Jul 03, 2023
$453,000
$444,795 by Associated Bank Na
Mortgage Due Aug 01, 2053
Sold Nov 28, 2016
$3,667,800
$293,440 by Tri City National Bank
Mortgage Due Dec 01, 2046
8409 South Palomino Drive has been categorized by the local assessors in Oak Creek, WI as a residential type of property. The area measurement of the land has been determined as 9,888 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 8409 South Palomino Drive sold most recently in Jun 30, 2023 for a total of $453,000. Before that, the property was also sold for $3,667,800 in Nov 15, 2016. 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 $8,126 in taxes each year. 8409 South Palomino Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $432,100. If we break it down further, the land itself was valued at $79,800. Improvements to the property, however, were assessed at a total of $352,300. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,888
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARMINGTON HILLS
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FARMINGTON HILLS LOT 15 SE 1/4 SEC 15-5-22 (0.227 AC)

Ownership

  • Current Owner : VINCA ASAN
  • Current Owner 2: VINCA ALBAN
  • Previous Owner : LIN GUI
  • Previous Owner 2: DONG MEILING
  • Owner Before Previous Owner: GRENKE KEVIN
  • Owner Before Previous Owner 2: GRENKE SARAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Creek-Franklin School District
  • School Tax School District: 4018
  • School Tax District Code 2: 5020
  • Census Tract: 160202

Zoning

  • Zoning: RESIDENTIA

Geography

  • Parcel: 824-0357-000
  • Lot: 15
  • Meridian: SEC 15 TWN 05N RNG 22E
  • Municipality: CITY OF OAK CREEK
  • Latitude: 42.8914
  • Longitude: -87.8815

    Address

  • Full Address: 8409 S Palomino Dr
  • Address - House Number: 8409
  • Street Direction: S
  • Address - Street Name: Palomino
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Oak Creek
  • Carrier Code: C016
  • 4-Digit Zip Code: 8526
  • Zip Code: 53154

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,126

    Appraisal Valuation

  • Standard Deviation: 0.1098
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 88
  • Final Value: 513,972
  • High Value: 570,417
  • Low Value: 457,526

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $444,795
  • First Open Lien Mortgage Lender: ASSOCIATED BANK NA
  • First Open Lien Mortgage Recording Date: Jul 03, 2023
  • First Open Lien Mortgage Loan Amount: $444,795
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $456,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $432,100
  • Assessed Land Value: $79,800
  • Assessed Improvements Value: $352,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 03, 2023
  • Current Sale Transaction ID: 11908983834
  • Current Sale Price: $453,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11349094
  • Previous Sale Recording Date: Nov 28, 2016
  • Previous Sale Contract Date: Nov 15, 2016
  • Previous Sale Amount: $3,667,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATED BANK NA
  • First Mortgage Transaction Date: Jul 03, 2023
  • First Mortgage Loan Amount: $444,795
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: TRI CITY NATIONAL BANK
  • Previous Mortgage Transaction Date: Nov 28, 2016
  • Previous Mortgage Loan Amount: $293,440
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Oak Creek



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Frequently Asked Questions

What neighborhood is 8409 South Palomino Drive located in?
The 8409 South Palomino Drive is a located in the neighborhood of Oak Creek in Oak Creek, Oak Creek.
What is the average sales price for listings in 8409 South Palomino Drive?
The average sales price for units in 8409 South Palomino Drive is $0 currently.

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