NOT LISTED FOR SALE

5549 W Philip Place Milwaukee, WI 53216

Grasslyn Manor Neighborhood

Estimated Value: $248,000 - $280,070

5 Beds
2 Baths
1,827 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $239,900 $131 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,665/month

97 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Fenced Yard
  • Patio
  • Whirlpool Bathtub
  • 2.5 Car Detached Garage
  • Home Security System

About This Home

As of March 2024

Beautifully maintained 5 bedroom, 2 bath bungalow is awaiting its new owner. Sellers are only the 2nd owners of this great home. Enjoy the classic charm of the hardwood floors, leaded glass, and built-ins. Furnace is new (Oct 2023) and is accompanied by a wood burning stove in lower. 3 bedrooms on upper level along with 1 full bath. Master and a 5th bedroom on main. Carpet in these two rooms is new. There is over 500 sq ft of extra living space in spacious lower level rec room along with a couple of bonus areas. True 2.5 car garage with 30 amp service, as well as extra parking spot on the side. Tear off roof was done 13 yrs ago w/30 yr shingle. Yard is fenced in. Start the new year in your new home. See it today!

Last Agent to Sell the Property

Sara Pakula

Modern Realty LLC License #58671-90 Listed on: 10/24/2023

Last Buyer's Agent

Segal Goldman Realty Group*

RE/MAX Service First License #76545-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced Yard
  • Property is zoned RT2

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,827 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub with Shower

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Exclusions: Refrigerator
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,064

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Wood stove in lower, installed security system equipment
  • Directions: Philip runs diagonally between 55th and 57th/Norwood.
  • New Construction: No
  • Year Built: 1930
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 5549 W Philip PLACE
  • Type 5 Heat Fuel: Natural Gas, Wood/Coal
  • Kitchen Level: Main
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Other Rm1 Level: Main
  • Other Rm1 Name: Other Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Has Basement: Full, Partially Finished
  • Interior Amenities: Security System
  • Bathroom Description: Whirlpool, Shower Over Tub
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Room Bedroom5 Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 1827.00

Exterior Features

  • Exclusions: Refrigerator
  • Exterior Features: Patio, Fenced Yard
  • Exterior Building Type: 1.5 Story
  • Exterior: Vinyl, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 2 Car
  • Garage Spaces: 2.5

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT2
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3064.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Mar 29, 2024
Sold by
Hoeffler James R and Hoeffler Donna J
Bought by
Altman Rachael
Seller's Agent
Sara Pakula
Modern Realty LLC
Buyer's Agent
Segal Goldman Realty Group*
RE/MAX Service First
List Price
$239,900
Sold Price
$239,900
Views
255
Current Estimated Value
$257,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,868
Avg. Annual Appreciation
5.19%
Original Mortgage
$191,920
Outstanding Balance
$189,239
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$68,529
Source: Public Records

Range of Values:

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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
Altman Rachael $239,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altman Rachael $191,920
Previous Owner Hoeffler James R $23,684
Previous Owner Hoeffler James R $156,558
Previous Owner Hoeffler James $151,000
Previous Owner Hoeffler James R $131,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $239,900 0.0% $131 / Sq Ft
10/24/2023 10/24/23 For Sale $239,900 -- $131 / 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 $3,266 $158,500 $7,000 $151,500
2023 $3,268 $138,300 $7,000 $131,300
2022 $3,064 $138,300 $7,000 $131,300
2021 $2,323 $97,000 $7,000 $90,000
2020 $2,373 $97,000 $7,000 $90,000
2019 $2,801 $118,400 $7,000 $111,400
2018 $2,939 $118,400 $7,000 $111,400
2017 $2,791 $109,700 $7,000 $102,700
2016 $2,934 $109,800 $7,000 $102,800
2015 $3,011 $109,800 $7,000 $102,800
2014 $2,931 $105,000 $7,000 $98,000
2013 -- $105,000 $7,000 $98,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sara Pakula

    Modern Realty LLC

    (262) 227-9840

    1 in this area

    51 Total Sales

    Sara Pakula
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Map

Source: Metro MLS

MLS Number: 1855273

Metro MLS

APN: 289-0601-000-5

Wisconsin Milwaukee County Milwaukee 53216 Grasslyn Manor

5549 W Philip Place, Milwaukee, WI

This home is located at 5549 W Philip Place, Milwaukee, WI 53216 since 24 October 2023 and is currently estimated at $257,768, approximately $141 per square foot. This property was built in 1930. 5549 W Philip Place is a home located in Milwaukee County with nearby schools including Fifty-Third Street School, Milwaukee German Immersion School, and Craig Montessori School.

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