NOT LISTED FOR SALE

5501 N Lake Dr Milwaukee, WI 53217

Whitefish Bay Area

Estimated Value: $1,563,000 - $2,355,000

4 Beds
4.5 Baths
5,120 Sq Ft
$411/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2016

Last sale price $999,900 $195 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $12,312 / mo

28 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Bathtub with Shower
  • Richards Elementary School Rated A
  • Walk-In Closet
  • Patio

About This Home

As of December 2016

Style, elegance, class.. this gorgeous WFB Colonial has it all! Stunning details grace every corner. Rich wide plank HWF throughout most. Lighting throughout is true perfection. Formal yet open layout. Lovely LR and FR to dream kitchen. KIT boasts Thermador appliances, quartzite counters, WI pantry, spacious island. Main floor 5th BR/office. Cafe room/sunroom. FDR w/coffered ceilings. Upper master suite will delight. Marble and quartzite bath w/amazing shower; 17 x 8 WIC. Sitting rm. Large upper bedrooms. LL w/rec rooms & 4th full BA. Home sold ''As Is'' with no representations or warranties.

Last Agent to Sell the Property

Mary Jane Deeken

First Weber Inc -NPW License #48477-94 Listed on: 10/21/2016

Last Buyer's Agent

Michael Quinlevan

Shorewest Realtors, Inc. License #29223-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,388

Year Built

  • Built in 2015

Lot Details

  • 6,098

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 5,120 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Windows

Schools

  • Richards Elementary School
  • Whitefish Bay Middle School
  • Whitefish Bay High School

Utilities

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

Additional Features

  • Patio
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Seller's Personal Property, Arbor in the front garden
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,388

Year Built

Built in 2015

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Oven, range, refrigerator, microwave, dishwasher, wine refrigerator, disposals, blinds, family room window treatment, washer, dryer, pool table.
  • Directions: Corner of Lake Drive and Lake Forest.
  • New Construction: No
  • Year Built: 2015
  • Cleared Acreage: Less than 1/2
  • Architecture: Colonial
  • Full Street Address: 5501 N Lake DRIVE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.14
  • Municipality Type: Village
  • Other Rm1 Level: Main
  • Other Rm1 Name: Other Room
  • Other Rm2 Name: Game Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Block, Full, Full Size Windows, Partially Finished, Poured Concrete, Sump Pump
  • Interior Amenities: Pantry, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Shower on Lower, Tub Only, Ceramic Tile, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Room Bedroom5 Level: Main
  • Den Office Level: Main
  • 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: 18
  • Second Floor Total Sq Ft: 5120.00

Exterior Features

  • Exclusions: Seller's Personal Property, Arbor in the front garden
  • Exterior Features: Patio
  • Exterior Building Type: 2 Story
  • Exterior: Fiber Cement, Stone, Brick/Stone

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Elementary School: Richards
  • High School: Whitefish Bay
  • Junior High Dist: Whitefish Bay

Lot Info

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

Tax Info

  • Tax Year: 2015
  • Total Taxes: 9388.0

MLS Schools

  • Middle School: Whitefish Bay

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Bought by
Current Estimated Value
$2,104,023

Purchase Details

Listed on
Oct 21, 2016
Closed on
Dec 9, 2016
Sold by
Bought by
Seller's Agent
Mary Jane Deeken
First Weber Inc -NPW
Buyer's Agent
Michael Quinlevan
Shorewest Realtors, Inc.
List Price
$999,900
Sold Price
$999,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$899,900
Interest Rate
0.04%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,990
Interest Rate
0.0337%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 8, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,259
Interest Rate
0.0382%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 3, 2014
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$999,900 None Available
$1,272,500 Attorney
$355,000 Knight Barry Title Inc
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $120,000
Previous Owner $713,103
Previous Owner $899,900
Previous Owner $999,990
Previous Owner $618,259
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $999,900 0.0% $195 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $999,900 -- $195 / Sq Ft
Source: Metro MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,757 $2,023,100 $279,700 $1,743,400
2024 $13,757 $2,023,100 $279,700 $1,743,400
2023 $23,322 $1,319,300 $279,700 $1,039,600
2022 $23,322 $1,225,600 $186,000 $1,039,600
2021 $23,322 $1,225,600 $186,000 $1,039,600
2020 $24,195 $1,225,600 $186,000 $1,039,600
2019 $24,673 $1,225,600 $186,000 $1,039,600
2018 $24,414 $967,600 $170,500 $797,100
2017 $22,700 $967,600 $170,500 $797,100
2016 $5,768 $247,600 $170,500 $77,100
2015 $9,389 $409,900 $170,500 $239,400
2014 $9,951 $409,900 $170,500 $239,400
2013 $8,729 $388,100 $170,500 $217,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mary Jane Deeken

    First Weber Inc -NPW

  • M

    Buyer's Agent in 2016

    Michael Quinlevan

    Shorewest Realtors, Inc.

    (262) 241-6680

    Michael Quinlevan
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Map

Source: Metro MLS

MLS Number: 1502143

Metro MLS

APN: 198-0041-000

Wisconsin Milwaukee County Milwaukee 53217

5501 N Lake Dr, Milwaukee, WI

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