NOT LISTED FOR SALE

5023 S Lake Dr Unit 23A Cudahy, WI 53110

Estimated Value: $238,000 - $328,793

4 Beds
2 Baths
1,758 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $225,000 $128 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,937/month

25 Days on Market

About This Home

As of June 2021

This is an unbelievable opportunity for owner occupants and investors!! Wow you have to check out this fabulous Cudahy duplex! The location can not be beat, seconds from Lake Michigan and minutes from Sheridan Park! You have to come check out this darling cape cod duplex that features two bedrooms and one bathroom per unit in addition to a 2 car garage, central air and loads of updates! Some updates include newer garage door and opener, newer furnace, stunning kitchen backsplash, newer countertops and kitchen sink. Did we mention the upper unit has in unit laundry?! This property shows loads of positive rental income potential, you have to get your buyers in for a showing before its too late.

Last Agent to Sell the Property

Michael Borowski

Homestead Realty, Inc License #58673-90 Listed on: 04/15/2021

Homestead Realty, Inc

Last Buyer's Agent

Amy Berger

Keller Williams Realty-Milwaukee Southwest License #77396-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,239

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,758 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Cudahy Middle School
  • Cudahy High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller & Tenant's Personal Property
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,239

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Lower Unit: Oven/Range, Refrigerator, Washer and Dryer Upper Unit: Oven/Range, Refrigerator, Microwave, Washer and Dryer
  • Directions: Layton Ave East to Lake Drive, South to Property
  • New Construction: No
  • Year Built: 1950
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 5023 S Lake DRIVE
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1758.00

Exterior Features

  • Exclusions: Seller & Tenant's Personal Property
  • Exterior Building Type: 1.5 Story, 2 Story, Duplex
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Cudahy
  • Middle School: Cudahy
  • High School: Cudahy
  • High School: Cudahy
  • Junior High Dist: Cudahy

Lot Info

  • Zoning: RS-2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 4239.21

MLS Schools

  • Middle School: Cudahy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2021
Sold by
Stever Andrew F and Stever Nela
Bought by
Hamilton Dadvid J and Sosa Evelyn G
Current Estimated Value
$288,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2018
Sold by
Jjc Holdings Llc
Bought by
Stever Andrew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,300
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 25, 2008
Sold by
Casey Enterprises Inc
Bought by
Jjc Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
5.93%

Purchase Details

Closed on
Feb 15, 2008
Sold by
Wandke Denise A
Bought by
Casey Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
5.9%

Purchase Details

Closed on
Apr 30, 2004
Sold by
Plevak Thomas A and Plevak Joan M
Bought by
Wandke Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.85%
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
Hamilton Dadvid J $225,000 None Available
Stever Andrew W $174,000 None Available
Jjc Holdings Llc $100,000 None Available
Casey Enterprises Inc $146,800 None Available
Wandke Denise A $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamilton Dadvid J $191,250
Previous Owner Stever Andrew W $165,300
Previous Owner Jjc Holdings Llc $142,400
Previous Owner Casey Enterprises Inc $146,800
Previous Owner Wandke Denise A $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $225,000 0.0% $128 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $225,000 -- $128 / 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 $4,907 $270,700 $45,600 $225,100
2023 $4,691 $225,000 $45,600 $179,400
2022 $4,435 $164,100 $45,600 $118,500
2021 $3,720 $164,100 $45,600 $118,500
2020 $4,239 $158,500 $45,600 $112,900
2019 $4,093 $149,600 $45,600 $104,000
2018 $4,037 $142,600 $45,600 $97,000
2017 $4,047 $139,200 $45,600 $93,600
2016 $4,048 $143,700 $45,600 $98,100
2015 $4,073 $143,700 $45,600 $98,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Borowski

    Seller's Agent in 2021

    Michael Borowski

    Homestead Realty, Inc

    (414) 514-4699

    39 in this area

    918 Total Sales

    Michael Borowski
    Section Image

  • A

    Buyer's Agent in 2021

    Amy Berger

    Keller Williams Realty-Milwaukee Southwest

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Map

Source: Metro MLS

MLS Number: 1735347

Metro MLS

APN: 632-0484-000

Wisconsin Milwaukee County Cudahy 53110

5023 S Lake Dr Unit 23A, Cudahy, WI

This home is located at 5023 S Lake Dr Unit 23A, Cudahy, WI 53110 since 15 April 2021 and is currently estimated at $288,198, approximately $163 per square foot. This property was built in 1950. 5023 S Lake Dr Unit 23A is a home located in Milwaukee County with nearby schools including Kosciuszko Elementary School, Cudahy Middle School, and Cudahy High School.

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