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8521 North Pelham Parkway

8521 North Pelham Parkway, Milwaukee, WI 53217
Property in Bayside
Sold May 02, 2017
$368,000
$333,750 by Inlanta Mortgage Inc
Mortgage Due Dec 01, 2050
Sold Nov 03, 2016
$225,000
8521 North Pelham Parkway has been categorized by the local assessors in Milwaukee, WI as a residential type of property. The building on the property was first built in 1964 and is 60 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8521 North Pelham Parkway has 2,528 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,666 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,620 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 16,117 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of masonry. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 8521 North Pelham Parkway sold most recently in Apr 19, 2017 for a total of $368,000. If you work out the math, that's approximately a cost of $145.57 per sqft. Before that, the property was also sold for $225,000 in Oct 12, 2016. 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 $11,337 in taxes each year. 8521 North Pelham Parkway was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $463,300. If we break it down further, the land itself was valued at $88,200. Improvements to the property, however, were assessed at a total of $375,100. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,666
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,528
  • Building Area: 2,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,528
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PELHAM HEATH
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PELHAM HEATH LOTS 11 & 12 BLK 1

Ownership

  • Current Owner : HERMS PETER MICHAEL
  • Previous Owner : FORWARD INVESTMENT GROUP LLC
  • Owner Before Previous Owner: BERRY JENNIFER L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fox Point Joint No. 2 School District
  • School Tax School District: 1890
  • School Tax District Code 2: 5020
  • School Tax District Code 3: 2177
  • Census Tract: 030100

Geography

  • Parcel: 054-0208-000
  • Block: 1
  • Lot: 11,12
  • Municipality: VILLAGE OF BAYSIDE
  • Latitude: 43.1714
  • Longitude: -87.9

    Address

  • Full Address: 8521 N Pelham Pkwy
  • Address - House Number: 8521
  • Street Direction: N
  • Address - Street Name: Pelham
  • Address - Suffix Type: Pkwy
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C068
  • 4-Digit Zip Code: 2444
  • Zip Code: 53217

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,337

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 69
  • Final Value: 542,431
  • High Value: 663,700
  • Low Value: 421,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,750
  • First Open Lien Mortgage Lender: INLANTA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 15, 2020
  • First Open Lien Mortgage Loan Amount: $333,750
  • 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, 2050

    Market Valuation

  • Market Total Value: $471,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $463,300
  • Assessed Land Value: $88,200
  • Assessed Improvements Value: $375,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2017
  • Current Sale Recording Date: May 02, 2017
  • Current Sale Transaction ID: 1811857291
  • Current Sale Price: $368,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10670121
  • Previous Sale Recording Date: Nov 03, 2016
  • Previous Sale Contract Date: Oct 12, 2016
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DAS ACQUISITION
  • First Mortgage Transaction Date: May 02, 2017
  • First Mortgage Loan Amount: $349,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2047

About Bayside



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 8521 North Pelham Parkway located in?
The 8521 North Pelham Parkway is a located in the neighborhood of Bayside in Bayside, Milwaukee.
What is the average sales price for listings in 8521 North Pelham Parkway?
The average sales price for units in 8521 North Pelham Parkway is $0 currently.

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