NOT LISTED FOR SALE

5541 S Lorene Ave Milwaukee, WI 53221

Gra-Ram Neighborhood

Estimated Value: $312,000 - $321,495

3 Beds
1.5 Baths
1,752 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $235,000 $134 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,340/month

48 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Shed
  • Golda Meir School Rated A-
  • Patio
  • 1-Story Property

About This Home

As of September 2021

This ranch-style home is in a great area close to elementary schools and Highway 241. Enjoy beautiful summer days in the large backyard grilling out on the patio. Entertain on gamedays with the basement bar. There is plenty of space in the basement for a workshop or crafting area too. The family room is an add-on. Home warranty is included.

Last Agent to Sell the Property

Marine Yoo

Big Block Midwest License #58777-90 Listed on: 06/07/2021

Last Buyer's Agent

Jeannette Richardson

MAP Realty Group LLC License #87632-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,721

Year Built

  • Built in 1961

Lot Details

  • 12,197 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Garland Elementary School
  • Pulaski High School

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

$4,721

Year Built

Built in 1961

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Refrigerator, stove/oven, microwave, washer, dryer, dishwasher, shed
  • Directions: Head west on W Grange Ave toward S 27th St, Turn left onto S Lorene Ave
  • New Construction: No
  • Year Built: 1961
  • Cleared Acreage: Less than 1/2
  • Architecture: Ranch
  • Full Street Address: 5541 S Lorene AVENUE
  • Type 5 Heat Fuel: Electric, Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.28
  • Municipality Type: City
  • Other Rm1 Level: Lower
  • Other Rm1 Name: Other Room
  • Other Rm2 Name: Mud Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Block, Full, Sump Pump
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Family Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 1752.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior Features: Deck, Patio
  • Exterior Building Type: 1 Story
  • Exterior: Brick, Brick/Stone, Vinyl
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, 2 Car
  • Garage Spaces: 2.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Elementary School: Garland
  • High School: Pulaski
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 4721.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Sep 10, 2021
Sold by
Boo Wendy L and Estate Of Thomas A Bono
Bought by
Niedzielski Khrista
Seller's Agent
Marine Yoo
Big Block Midwest
Buyer's Agent
Jeannette Richardson
MAP Realty Group LLC
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$317,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,374
Avg. Annual Appreciation
6.83%
Original Mortgage
$230,743
Outstanding Balance
$209,646
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$107,728

Purchase Details

Closed on
Apr 13, 2001
Sold by
Drewicz Merelda D and Lacko Carlton J
Bought by
Bono Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Niedzielski Khrista $235,000 None Available
Bono Thomas A $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niedzielski Khrista $230,743
Previous Owner Bono Thomas A $134,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $235,000 0.0% $134 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $235,000 -- $134 / Sq Ft
Source: Metro MLS

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 $7,875 $279,800 $65,200 $214,600
2023 $5,300 $224,300 $65,200 $159,100
2022 $5,026 $224,300 $65,200 $159,100
2021 $4,684 $190,300 $65,300 $125,000
2020 $4,721 $190,300 $65,300 $125,000
2019 $4,242 $170,800 $66,400 $104,400
2018 $4,189 $170,800 $66,400 $104,400
2017 $4,238 $162,700 $80,100 $82,600
2016 $4,263 $156,100 $80,100 $76,000
2015 $4,371 $156,100 $80,100 $76,000
2014 $4,462 $156,100 $80,100 $76,000
2013 -- $156,100 $80,100 $76,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marine Yoo

    Big Block Midwest

  • J

    Buyer's Agent in 2021

    Jeannette Richardson

    MAP Realty Group LLC

    (414) 218-9401

    1 in this area

    67 Total Sales

    Jeannette Richardson
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Map

Source: Metro MLS

MLS Number: 1747673

Metro MLS

APN: 667-0205-000-7

Wisconsin Milwaukee County Milwaukee 53221 Gra-Ram

5541 S Lorene Ave, Milwaukee, WI

Not Listed for Sale

Detached

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