NOT LISTED FOR SALE

206 W Layton Ave Milwaukee, WI 53207

Town of Lake Neighborhood

Estimated Value: $212,297

1.4 Acres
$151,641 Price per Acre
60,984 Sq Ft Lot

Last Sold January 28, 2022

Last sale price $165,000

Est. 29% increase in value since last sale

Current estimated payment $1,366/month

297 Days on Market

Highlights

  • 1.4 Acre Lot
  • Golda Meir School Rated A-
  • Level Lot

About This Lot

As of January 2022

LOCATION! LOCATION! LOCATION!!!! 1.4 ACRES PRIME LAND ,ZONED LB1 Commercial Local Business on Heavily developing BUSY LAYTON AVE.POSSIBLE HOTEL,MOTEL, MINI WAREHOUSE, STORAGE SITE,OFFICE BUILDING. CLOSE TO HWY, Hotels,GENERAL MITCHELL AIRPORT ETC.(Possible combo deal with SHANDONG Chinese restaurant building not included at this price.)This land is behind the Sandong chinese restaurant building.Please contact the city first to see if it will be allowed for your buyer's intended use.

Last Agent to Sell the Property

Yoon Kim

RE/MAX Lakeside-South License #52186-94 Listed on: 04/02/2021

RE/MAX Lakeside-South

Last Buyer's Agent

David Castillo

EXP Realty LLC-West Allis License #90947-94

Property Details

Property Type

  • Land

Lot Details

  • 1.4 Acre Lot
  • Level Lot
  • Property is zoned LB1

Utilities

  • Phone Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Vacant Land
  • Directions: HOWELL AVE TO LAYTON THEN WEST ON LAYTON TO PROPERTY. Entrance BETWEEN PONDEROSA AND SAN DONG Express chinese RESTAURANTS LOCATED behind both buildings.
  • New Construction: No
  • Cleared Acreage: Over 1 acre to 2 acres
  • Full Street Address: 206 W LAYTON AVENUE
  • Lot Acreage: 1.4
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Electricity, Telephone
  • Water Waste: Municipal Sewer, Municipal Water, Municipal Water Required

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: LB1
  • Acreage Range: 1 to 4.99
  • Lot Description: Level, Raw Land

Tax Info

  • Tax Year: 2020
  • Total Taxes: 4844.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jan 28, 2022
Sold by
Sang Yi Mun and Hee Myung
Bought by
Ashraf Zahid
Seller's Agent
Yoon Kim
RE/MAX Lakeside-South
Buyer's Agent
David Castillo
EXP Realty LLC-West Allis
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$212,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,297
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Sep 30, 2009
Sold by
San Dong Inc
Bought by
Yi Mun Sang and Yi Myung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.19%

Purchase Details

Closed on
Sep 28, 2009
Sold by
Marohl Construction Inc
Bought by
San Dong Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.19%

Purchase Details

Closed on
Sep 1, 2006
Sold by
Marohl Construction Inc
Bought by
Sun Fu Cheng and Sun Yun Shun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,543
Interest Rate
10%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ashraf Zahid $165,000 None Listed On Document
Yi Mun Sang $500,000 None Available
San Dong Inc -- None Available
Sun Fu Cheng $405,543 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yi Mun Sang $250,000
Previous Owner Sun Fu Cheng $405,543
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $165,000 0.0% --
01/24/2022 01/24/22 Pending -- -- --
04/02/2021 04/02/21 For Sale $165,000 -- --
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,795 $731,800 $731,800 --
2023 $3,308 $140,000 $140,000 --
2022 $3,682 $140,000 $140,000 $0
2021 $4,958 $140,000 $140,000 $0
2020 $4,845 $140,000 $140,000 $0
2019 $4,887 $140,000 $140,000 $0
2018 $4,753 $140,000 $140,000 $0
2017 $5,143 $140,000 $140,000 $0
2016 $5,074 $140,000 $140,000 $0
2015 $5,115 $140,000 $140,000 $0
2014 $5,160 $140,000 $140,000 $0
2013 -- $140,000 $140,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Yoon Kim

    Seller's Agent in 2022

    Yoon Kim

    RE/MAX

    (414) 617-6980

    1 in this area

    96 Total Sales

    Yoon Kim
    Section Image

  • D

    Buyer's Agent in 2022

    David Castillo

    EXP Realty LLC-West Allis

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Map

Source: Metro MLS

MLS Number: 1733360

Metro MLS

APN: 595-0832-000-5

Wisconsin Milwaukee County Milwaukee 53207 Town of Lake

206 W Layton Ave, Milwaukee, WI

This home is located at 206 W Layton Ave, Milwaukee, WI 53207 since 02 April 2021 and is currently estimated at $212,297. 206 W Layton Ave is a home located in Milwaukee County with nearby schools including Milwaukee Spanish Immersion School - Upper Campus, Milwaukee German Immersion School, and Craig Montessori School.

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