NOT LISTED FOR SALE

5463 S Lake Dr Unit 63A Cudahy, WI 53110

Estimated Value: $263,000 - $298,077

4 Beds
2 Baths
1,680 Sq Ft
$164/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $184,900 $110 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,912/month

33 Days on Market

About This Home

As of September 2021

The perfect Cudahy neighborhood and right across the street from Sheridan Park/Grant Park/Warnimont Gold Course on the Lake! Perfect property for owner-occupant and/or adding to your investment portfolio. Two stable tenants - one there for over 10 years. Each unit 2 bedroom, 1 bath with living room and large kitchen. Tenants pay electric/gas/heat, landlord pays water/sewer. New roof in 22012 and all new windows is 2016.

Last Agent to Sell the Property

Alan Frankeberger

Keller Williams Realty-Milwaukee Southwest License #58438-90 Listed on: 06/25/2021

Keller Williams Realty-Milwaukee Southwest

Last Buyer's Agent

Karsen Mitsche

EXP Realty LLC-West Allis License #86517-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,445

Year Built

  • Built in 1938

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Cudahy Middle School
  • Cudahy High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Upper Unit: Washer, Dryer, Basketball Hoop

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,445

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Lower Unit: Stove/Range, Refrigerator, Washer, Dryer; Upper Unit: Stove/Range, Refrigerator
  • Directions: S. Lake Drive to Property. Can park in alley off of E. Adams or E. Grange - there is a parking pad area behind the building.
  • New Construction: No
  • Year Built: 1938
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 5463 S Lake Dr
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1680.00

Exterior Features

  • Exclusions: Upper Unit: Washer, Dryer, Basketball Hoop
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

Schools

  • 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: 4445.0

MLS Schools

  • Middle School: Cudahy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Sep 9, 2021
Sold by
Scully Timothy J and Scully Wendy J
Bought by
Eck John Kenneth and Eck Sarah A
Seller's Agent
Alan Frankeberger
Keller Williams Realty-Milwaukee Southwest
Buyer's Agent
Karsen Mitsche
EXP Realty LLC-West Allis
List Price
$184,900
Sold Price
$184,900
Current Estimated Value
$298,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,506
Avg. Annual Appreciation
9.77%
Original Mortgage
$138,675
Outstanding Balance
$125,996
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$149,523
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
Eck John Kenneth $184,900 1St Service Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eck John Kenneth $138,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $184,900 0.0% $110 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $184,900 -- $110 / 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 $4,123 $222,400 $67,000 $155,400
2023 $3,894 $184,900 $67,000 $117,900
2022 $3,633 $171,500 $67,000 $104,500
2021 $4,390 $171,500 $67,000 $104,500
2020 $4,444 $166,500 $67,000 $99,500
2019 $4,326 $158,500 $67,000 $91,500
2018 $4,267 $151,100 $67,000 $84,100
2017 $4,229 $148,000 $67,000 $81,000
2016 $4,443 $152,100 $67,000 $85,100
2015 $4,373 $152,100 $67,000 $85,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1748698

Metro MLS

APN: 635-0562-000