NOT LISTED FOR SALE

2540 N Lake Dr Milwaukee, WI 53211

Northpoint Neighborhood

Estimated Value: $640,000 - $864,493

4 Beds
5 Baths
4,581 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $605,000 $132 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,984/month

99 Days on Market

Highlights

  • Bathtub
  • Shed
  • Walk-in Shower
  • Golda Meir School Rated A-
  • En-Suite Primary Bedroom

About This Home

As of July 2024

Amazing opportunity to own on Lake Drive, in the Historic Water Tower neighborhood of Milwaukee! Just minutes away from beautiful Lake Michigan, step into this approximately 4,500 square foot home. With 4 spacious bedrooms, 3 floors, up to 5 off-street parking spots, and plenty of sitting area, there is room for everyone! While in need of some finishing touches to bring out the full potential of this home, the beautiful hardwood floors, lovely brick exterior, and grand staircase give it a one-of-a-kind feel!

Last Agent to Sell the Property

Hannah Martin

Premier Point Realty LLC License #95908-94 Listed on: 01/19/2024

Last Buyer's Agent

Hannah Martin

Premier Point Realty LLC License #95908-94 Listed on: 01/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,262

Year Built

  • Built in 1900

Lot Details

  • 8,276

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 4,581 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Shed
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Seller's personal property

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,262

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: 3 air conditioning units, 2 refrigerators, 2 stoves, 1 dishwasher, 1 washer, 1 dryer, 1 hutch
  • New Construction: No
  • Year Built: 1900
  • Cleared Acreage: Less than 1/2
  • Architecture: Colonial
  • Below Grade Sq Ft: 1395
  • Full Street Address: 2540 N Lake DRIVE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.19
  • Municipality Type: City
  • Other Rm1 Level: Main
  • Other Rm1 Name: Foyer
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, Window A/C
  • Has Basement: Full
  • Bathroom Description: Tub Only, Master Bedroom Bath: Tub/Shower Combo, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Den Office Level: Upper
  • Dining Room Dining Room Level: Main
  • Family Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 25
  • Second Floor Total Sq Ft: 4581.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior Building Type: Tri-Level
  • Exterior: Brick, Brick/Stone
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 13262.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Jul 5, 2024
Sold by
Thiel Joan L
Bought by
Metcalf Emmanuel
Seller's Agent
Hannah Martin
Premier Point Realty LLC
Buyer's Agent
Hannah Martin
Premier Point Realty LLC
List Price
$699,000
Sold Price
$605,000
Premium/Discount to List
-$94,000
-13.45%
Views
208
Current Estimated Value
$733,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,873
Avg. Annual Appreciation
15.75%
Original Mortgage
$544,500
Outstanding Balance
$538,046
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$195,827

Purchase Details

Closed on
Dec 27, 2002
Sold by
Thiel Steven and Thiel Joan L
Bought by
Thiel Joan L
Source: Public Records

Range of Values:

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Average Value
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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
Metcalf Emmanuel $605,000 None Listed On Document
Thiel Joan L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metcalf Emmanuel $544,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2024 07/05/24 Sold $605,000 -6.8% $132 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $649,000 -7.2% $142 / Sq Ft
01/19/2024 01/19/24 For Sale $699,000 -- $153 / Sq Ft
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 $13,487 $592,100 $227,000 $365,100
2023 $13,233 $560,000 $180,200 $379,800
2022 $13,262 $560,000 $180,200 $379,800
2021 $12,681 $485,300 $135,600 $349,700
2020 $12,624 $485,300 $135,600 $349,700
2019 $11,318 $439,000 $145,900 $293,100
2018 $11,292 $439,000 $145,900 $293,100
2017 $11,451 $422,100 $100,100 $322,000
2016 $11,527 $404,200 $100,100 $304,100
2015 $11,395 $390,900 $100,100 $290,800
2014 $11,186 $375,900 $100,100 $275,800
2013 -- $375,900 $100,100 $275,800
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Hannah Martin

    Premier Point Realty LLC

    (414) 395-5478

    1 in this area

    10 Total Sales

    Hannah Martin
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Map

Source: Metro MLS

MLS Number: 1862353

Metro MLS

APN: 318-0303-000-9

Wisconsin Milwaukee County Milwaukee 53211 Northpoint

2540 N Lake Dr, Milwaukee, WI

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