NOT LISTED FOR SALE

4162 N Lake Dr Milwaukee, WI 53211

Estimated Value: $1,516,000 - $1,607,000

4 Beds
3.5 Baths
5,273 Sq Ft
$297/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $1,375,000 $261 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,205/month

25 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • 2.5 Car Attached Garage
  • Atwater Elementary School Rated A
  • 0.66 Acre Lot
  • Patio

About This Home

As of May 2024

Gorgeous Lake Michigan Property! Exceptional home has sweeping views of Lake Michigan from nearly every room of the home with expansive rooms sizes and sought after exposed lower level with French doors to terraced patio and stairs to a white sandy beach. Tall ceilings, gleaming hardwood floors, newer white kitchen with island, planning desk, high end appliances, all open to family room. Sweeping staircase to second floor with open loft area. Primary suite with sitting alcove, dual sinks, and amazing views. Remodeled kids bath. 3rd floor walk-up attic. Lower Level has 4th fireplace, spacious laundry mud room with dog wash, full bath, and dual entertainment spaces. Attached garage is very convenient. The star of the show are the incredible views and access to Lake Michigan. Fabulous Value.

Last Agent to Sell the Property

Suzanne Powers Realty Group*

Powers Realty Group Brokerage Email: suzanne@powersrealty.com License #55380-90 Listed on: 02/27/2024

Last Buyer's Agent

Florence Carneol

Coldwell Banker Realty License #49576-94

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,031

Year Built

  • Built in 1916

Lot Details

  • 0.66 Acre Lot
  • Waterfront

Parking

  • 2.5 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 5,273 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stubbed For A Bathroom
  • Basement Windows

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Patio

Schools

  • Atwater Elementary School
  • Shorewood Middle School
  • Shorewood High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Rights
  • High Speed Internet

Listing and Financial Details

  • Exclusions: All Seller's Personal Property, All Staging Furniture

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,031

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: All Kitchen Appliances, Washer, Dryer
  • Directions: Lake Drive North of Atwater Beach
  • New Construction: No
  • Year Built: 1916
  • Cleared Acreage: 1/2 to 1
  • Architecture: Colonial
  • Full Street Address: 4162 N Lake DRIVE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.66
  • Municipality Type: Village
  • Other Rm1 Level: Upper
  • Other Rm1 Name: Loft
  • Property Water Features: Deeded Water Access, Water Access/Rights, Waterfrontage on Lot, Lake, 51-100 feet, View of Water
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Has Basement: Finished, Full, Full Size Windows, Poured Concrete, Sump Pump, Walk Out/Outer Door, Exposed
  • Interior Amenities: Cable/Satellite Available, Expandable Attic, High Speed Internet, Pantry, Wood or Sim.Wood Floors
  • Bathroom Description: Shower on Lower, Stubbed For Bathroom on Lower, Tub Only, Ceramic Tile, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Den Office Level: Lower
  • 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: 14
  • Second Floor Total Sq Ft: 5273.00

Exterior Features

  • Exclusions: All Seller's Personal Property, All Staging Furniture
  • Exterior Features: Patio
  • Exterior Building Type: 2 Story
  • Exterior: Stone, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Basement Access, Built-in under Home, Opener Included, Attached, 2 Car
  • Garage Spaces: 2.5

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Elementary School: Atwater
  • High School: Shorewood
  • Junior High Dist: Shorewood

Lot Info

  • Zoning: RES
  • Acreage Range: 0.5 to .99
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2023
  • Total Taxes: 23030.8

MLS Schools

  • Middle School: Shorewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
May 22, 2024
Sold by
Purvis Jeffrey H and Purvis Elizabeth D
Bought by
Englund Jon and Lagos-Englund Marcela
Seller's Agent
Suzanne Powers Realty Group*
Powers Realty Group
Buyer's Agent
Florence Carneol
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,375,000
Premium/Discount to List
-$120,000
-8.03%
Views
213
Current Estimated Value
$1,566,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,816
Avg. Annual Appreciation
9.63%
Original Mortgage
$425,000
Outstanding Balance
$419,286
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$1,147,530

Purchase Details

Closed on
Jul 18, 2018
Sold by
Grimes Peter J and Grimes Jennifer Stone
Bought by
Purvis Jeffrey H and Purvis Elizabeth D

Purchase Details

Closed on
Mar 1, 2004
Sold by
Grimes Peter J
Bought by
Grimes Peter J and Grimes Jennifer Stone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,654
Interest Rate
5.78%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 26, 1999
Sold by
Grimes Peter J and Grimes Patricia A
Bought by
Grimes Peter J
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
Englund Jon $1,375,000 None Listed On Document
Purvis Jeffrey H $892,400 None Available
Grimes Peter J -- --
Grimes Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Englund Jon $425,000
Previous Owner Grimes Peter J $375,654
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $1,375,000 -8.0% $261 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $1,495,000 +8.7% $284 / Sq Ft
04/01/2024 04/01/24 Off Market $1,375,000 -- --
03/08/2024 03/08/24 For Sale $1,495,000 -- $284 / 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 $11,571 $1,184,500 $656,800 $527,700
2023 -- $1,014,800 $487,100 $527,700
2022 -- $902,400 $374,700 $527,700
2021 $33,309 $902,400 $527,700 $374,700
2020 $24,421 $902,400 $374,700 $527,700
2019 $23,822 $892,400 $374,700 $517,700
2018 $0 $1,265,400 $374,700 $890,700
2017 $33,309 $1,265,400 $374,700 $890,700
2016 $33,309 $1,191,500 $374,700 $816,800
2015 $33,143 $1,203,800 $374,700 $829,100
2014 $31,262 $1,178,000 $374,700 $803,300
2013 $30,287 $1,178,000 $374,700 $803,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1865856

Metro MLS

APN: 238-0011-000