NOT LISTED FOR SALE

425 W Martin Ln Milwaukee, WI 53207

Town of Lake Neighborhood

Estimated Value: $235,185 - $264,000

2 Beds
1 Bath
795 Sq Ft
$312/Sq Ft Est. Value

Highlights

  • 2.5 Car Detached Garage
  • Shed
  • Forced Air Heating and Cooling System
  • Golda Meir School Rated A-
  • 1-Story Property

About This Home

Welcome to Town of Lake in a wonderful area of the garden district of Milwaukee! So close to everything for maximum convenience, yet isolated from all of the hustle and bustle. This beautifully updated ranch has everything one could want. The master bedroom has large his and her closets. A fully tiled tub and shower. The home is filled with natural light and the open concept eat-in kitchen flows to a private back yard with sun-deck and patio with a fire pit for entertaining on the perfect summer evenings! The basement has been beamed and is ready for your creativity to finish out the space. There is a large 2 car garage AND a storage shed for all of your hobbies and tools.

Last Agent to Sell the Property

Alex Witte

EXP Realty, LLC~MKE License #90005-94 Listed on: 05/13/2023

EXP Realty, LLC~MKE

Last Buyer's Agent

Marine Yoo

Big Block Midwest License #58777-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,936

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned RS5

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 795 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,936

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Refrigerator, Oven/Range, Washer/Dryer
  • New Construction: No
  • Year Built: 1951
  • Cleared Acreage: Less than 1/2
  • Architecture: Ranch
  • Full Street Address: 425 W Martin LANE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.17
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: Full
  • Room Bedroom2 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 795.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior Building Type: 1 Story
  • Exterior: Vinyl
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 2 Car
  • Garage Spaces: 2.5

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RS5
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3936.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2016
Sold by
Maxwell Jeffrey J and Chapman Danielle L
Bought by
Lloyd Elizabeth W
Current Estimated Value
$247,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2013
Sold by
Smith Thomas L and Smith Karen A
Bought by
Maxwell Jeffrey J and Chapman Danielle L

Purchase Details

Closed on
Sep 27, 2002
Sold by
Santiago Angel and Santiago Gina A
Bought by
Smith Thomas L and Smith Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.24%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 1998
Sold by
Burkholder Timothy and Burkholder Sandra
Bought by
Santiago Angel and Santiago Gina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,300
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Lloyd Elizabeth W $124,000 T A Title Insurance Co
Maxwell Jeffrey J $77,000 None Available
Smith Thomas L $95,000 --
Santiago Angel $83,500 United Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd Elizabeth W $108,500
Closed Lloyd Elizabeth W $114,000
Previous Owner Smith Thomas L $145,858
Previous Owner Smith Thomas L $131,500
Previous Owner Smith Thomas L $89,000
Previous Owner Santiago Angel $79,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2023 07/02/23 Off Market $225,000 -- --
06/02/2023 06/02/23 Pending -- -- --
05/31/2023 05/31/23 Price Changed $225,000 -6.2% $283 / Sq Ft
05/13/2023 05/13/23 For Sale $239,900 -- $302 / 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 $4,193 $198,900 $30,400 $168,500
2023 $3,906 $165,300 $30,400 $134,900
2022 $3,621 $165,300 $30,400 $134,900
2021 $3,119 $130,700 $30,400 $100,300
2020 $3,162 $130,700 $30,400 $100,300
2019 $3,150 $129,600 $31,200 $98,400
2018 $3,123 $129,600 $31,200 $98,400
2017 $3,135 $122,300 $31,500 $90,800
2016 $2,917 $109,200 $31,500 $77,700
2015 $2,994 $109,200 $31,500 $77,700
2014 $3,057 $109,200 $31,500 $77,700
2013 -- $109,200 $31,500 $77,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Alex Witte

    EXP Realty, LLC~MKE

    Section Image

  • M

    Buyer's Agent in 2023

    Marine Yoo

    Big Block Midwest

See All Agents

Map

Source: Metro MLS

MLS Number: 1834181

Metro MLS

APN: 595-0111-000-5

Wisconsin Milwaukee County Milwaukee 53207 Town of Lake

425 W Martin Ln, Milwaukee, WI

This home is located at 425 W Martin Ln, Milwaukee, WI 53207 since 13 May 2023 and is currently estimated at $247,796, approximately $311 per square foot. This property was built in 1951. 425 W Martin Ln 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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