NOT LISTED FOR SALE

5700 N 55th Place Milwaukee, WI 53218

Silver Spring Neighborhood

Estimated Value: $54,000 - $126,405

2 Beds
1 Bath
672 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $46,872 $70 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $653/month

1 Day on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Wood Siding
  • Golda Meir School Rated A-
  • Forced Air Heating System

About This Home

As of December 2024

2 BR 1 BA home in Milwaukee with private backyard. This home will not qualify for financing and is being sold in as-is condition and includes all contents.

Last Agent to Sell the Property

Pat McMahon

Closing Time Realty, LLC License #54371-90 Listed on: 12/02/2024

Last Buyer's Agent

Andrew Lied

Venture Real Estate Group LLC License #91080-94

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

5,663 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: All items on property at time of offer;
  • Directions: Silver Spring Dr to 60th St. 60th St north to Thurston Ave. Thurston Ave. East to 55th Pl. North to Home
  • New Construction: No
  • Year Built: 1951
  • Cleared Acreage: Less than 1/2
  • Architecture: Ranch
  • Full Street Address: 5700 N 55th PLACE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Has Basement: Full
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 8
  • Second Floor Total Sq Ft: 672.00

Exterior Features

  • Exterior Building Type: 1 Story
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 1 Car
  • Garage Spaces: 1.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Total Taxes: 1301.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Dec 12, 2024
Sold by
Walling Dale K
Bought by
Local Boy Llc
Seller's Agent
Pat McMahon
Closing Time Realty, LLC
Buyer's Agent
Andrew Lied
Venture Real Estate Group LLC
List Price
$35,000
Sold Price
$46,872
Premium/Discount to List
$11,872
33.92%
Views
18
Current Estimated Value
$98,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,979
Avg. Annual Appreciation
79.96%
Original Mortgage
$70,000
Outstanding Balance
$69,449
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$29,402

Purchase Details

Closed on
Nov 11, 2004
Sold by
Walling Dennis and Walling Bonnie
Bought by
Walling Dale K
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
Local Boy Llc $46,900 None Listed On Document
Walling Dale K $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Local Boy Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $46,872 +33.9% $70 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $35,000 -- $52 / 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 $1,600 $84,700 $4,100 $80,600
2023 $1,614 $68,300 $4,100 $64,200
2022 $1,336 $68,300 $4,100 $64,200
2021 $1,181 $56,000 $4,100 $51,900
2020 $1,232 $56,000 $4,100 $51,900
2019 $1,152 $46,700 $4,300 $42,400
2018 $1,003 $46,700 $4,300 $42,400
2017 $1,096 $46,700 $6,600 $40,100
2016 $1,180 $48,700 $6,600 $42,100
2015 $1,141 $46,100 $6,600 $39,500
2014 $1,165 $46,100 $6,600 $39,500
2013 -- $46,100 $6,600 $39,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Pat McMahon

    Closing Time Realty, LLC

    (414) 640-7338

    1 in this area

    120 Total Sales

    Pat McMahon
    Section Image

  • A

    Buyer's Agent in 2024

    Andrew Lied

    Venture Real Estate Group LLC

    (262) 370-7834

    4 in this area

    129 Total Sales

    Andrew Lied
    Section Image
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Map

Source: Metro MLS

MLS Number: 1900866

Metro MLS

APN: 173-0032-000-7

Wisconsin Milwaukee County Milwaukee 53218 Silver Spring

5700 N 55th Place, Milwaukee, WI

Not Listed for Sale

Detached

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