NOT LISTED FOR SALE

Newport West 5253 N Lovers Lane Rd Unit 338 Milwaukee, WI 53225

Timmerman West Neighborhood

Estimated Value: $72,000 - $89,000

2 Beds
2 Baths
990 Sq Ft
-- Built

Last Sold February 02, 2024

Last sale price $50,150 $51 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $522/month

6 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Property is near public transit
  • Walnut Grove Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of February 2024

This unit has many opportunities for the next owner who will enjoy generous bedroom sizes, outdoor pool, clubhouse, underground heated parking and exercise room. Condo fee includes hot water/sewer and heat. Ideal location which is convenient to Highway 45. Sold ''as-is''. Condo will likely require a cash offer.1 underground parking spot included. One outdoor spot rented at $25 when available. (currently a wait list.)

Last Agent to Sell the Property

Julie Johnson

Realty Executives Integrity~Brookfield License #80368-94 Listed on: 01/12/2024

Realty Executives Integrity~Brookfield

Last Buyer's Agent

Robyn Booth

Badger Realty Team - Greenfield License #80607-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $977

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Exclusions: Refrigerator
  • Assessor Parcel Number 1820218000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include lawn maintenance, snow removal, water, sewer, pool service, recreation facility, common area maintenance, trash, replacement reserve, central air, heat, common area insur

Recreation

  • Park

Additional Features

  • Clubhouse
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$977

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominium
  • Inclusions: Oven/Range, Dishwasher, Microwave
  • Directions: Silver Spring Drive to Lovers Lane Rd, South to Building on the West side of street
  • Above Grade Finished Sq Ft: 990
  • Unit Levels: One
  • General Property Information:Condominium Name: Newport West Condominium
  • Property Information:Est Total Sq Ft: 990
  • Special Features: None

Interior Features

  • Appliances: Range, Oven, Dishwasher, Microwave
  • Accessibility Features: Full Bath on Main Level
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exclusions: Refrigerator
  • Construction Type: Brick, Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Type: Attached

Utilities

  • Sewer: Municipal Sewer

Condo/Co-op/Association

  • Amenities: Laundry, Elevator(s), Security, Near Public Transit, Clubhouse, Outdoor Pool, Exercise Room, Common Green Space
  • Association Fee: 350
  • Association: Yes

Fee Information

  • Association Fee Includes: Lawn Maintenance, Snow Removal, Water, Sewer, Pool Service, Recreation Facility, Common Area Maint, Trash, Replacement Reserve, Central Air, Heat, Common Area Insur

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Parcel #: 1820218000

Tax Info

  • Tax Annual Amount: 977
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Jan 30, 2024
Sold by
Hoch Debra J
Bought by
Loker Clifford
Seller's Agent
Julie Johnson
Realty Executives Integrity~Brookfield
Buyer's Agent
Robyn Booth
Badger Realty Team - Greenfield
List Price
$46,500
Sold Price
$50,150
Premium/Discount to List
$3,650
7.85%
Views
129
Current Estimated Value
$79,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,947
Avg. Annual Appreciation
27.26%

Purchase Details

Listed on
Dec 26, 2020
Closed on
Mar 11, 2021
Sold by
Smith Yolanda M and Thomas Yolanda
Bought by
Hoch Debra J
Seller's Agent
Jill King
Century 21 Affiliated-Wauwatosa
Buyer's Agent
Mind Right Realty Group
Keller Williams Realty-Milwaukee Southwest
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.10%

Purchase Details

Closed on
Nov 11, 2005
Sold by
Vanle Thi and Nguyen Loan H
Bought by
Smith Yolanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.13%

Purchase Details

Closed on
May 24, 2005
Sold by
Drafz Donna M
Bought by
Le Thi and Nguyen Loan H

Purchase Details

Closed on
Oct 14, 1998
Sold by
Gamm Helen M and Gamm Fred W
Bought by
Drafz Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,700
Interest Rate
7.1%

Purchase Details

Closed on
Mar 24, 1998
Sold by
Gamm Fred W
Bought by
Gamm Helen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loker Clifford $50,200 None Listed On Document
Hoch Debra J $50,000 None Available
Smith Yolanda M $62,000 --
Le Thi $56,500 Wauwatosa Title & Closing Se
Drafz Donna M $45,900 --
Gamm Helen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Yolanda M $52,000
Previous Owner Drafz Donna M $36,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2024 02/02/24 Sold $50,150 +7.8% $51 / Sq Ft
01/12/2024 01/12/24 For Sale $46,500 -7.0% $47 / Sq Ft
03/17/2021 03/17/21 Sold $50,000 0.0% $51 / Sq Ft View Prior Sale
03/03/2021 03/03/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $50,000 -- $51 / 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 $1,277 $59,500 $4,000 $55,500
2023 $1,283 $54,300 $4,000 $50,300
2022 $977 $54,300 $4,000 $50,300
2021 $872 $45,200 $4,000 $41,200
2020 $924 $45,200 $4,000 $41,200
2019 $742 $39,900 $4,000 $35,900
2018 $802 $39,900 $4,000 $35,900
2017 $995 $43,900 $4,000 $39,900
2016 $1,042 $43,900 $4,000 $39,900
2015 -- $43,900 $4,000 $39,900
2014 -- $45,700 $4,000 $41,700
2013 -- $56,000 $4,000 $52,000
Source: Public Records

Agents Affiliated with this Home

  • Julie Johnson

    Seller's Agent in 2024

    Julie Johnson

    Realty Executives Integrity~Brookfield

    1 in this area

    32 Total Sales

    Julie Johnson
    Section Image

  • R

    Buyer's Agent in 2024

    Robyn Booth

    Badger Realty Team - Greenfield

    (608) 445-1500

    2 in this area

    105 Total Sales

    Robyn Booth
    Section Image

  • J

    Seller's Agent in 2021

    Jill King

    Century 21 Affiliated-Wauwatosa

    (414) 543-5403

    1 in this area

    37 Total Sales

    Jill King
    Section Image
  • Mind Right Realty Group

    Buyer's Agent in 2021

    Mind Right Realty Group

    Keller Williams Realty-Milwaukee Southwest

    (262) 402-2814

    2 in this area

    402 Total Sales

    Mind Right Realty Group
    Section Image
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About Newport West

Map

Source: Metro MLS

MLS Number: 1861726

Metro MLS

APN: 182-0218-000-7

Wisconsin Milwaukee County Milwaukee 53225 Timmerman West

5253 N Lovers Lane Rd Unit 338, Milwaukee, WI

Not Listed for Sale

Condos

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