5812 N 40th St Milwaukee, WI 53209
Thurston Woods Neighborhood
2
Beds
1.5
Baths
811
Sq Ft
6,098
Sq Ft Lot
Highlights
- Fenced Yard
- 1 Car Attached Garage
- Patio
- Golda Meir School Rated A-
- Bathtub with Shower
- Shed
About This Home
As of March 2025Investors, landlords, or bargain hunters: This quaint two bedroom, 1.5 bath ranch is close to rent or move-in-ready! Either refinish the hardwoods or install carpet and this place is ready to go, with fresh paint, a clean kitchen, modern full bath on the main and a convenient half bath in the lower. Hardwoods are exposed for an easy refinish or quick carpet installation. The basement can be a source for additional living space, and currently is set up with a bar area. An attached one car garage offers secure indoor parking. A patio overlooks that sizeable fenced backyard with storage shed. Seller is looking to sell as-is and would prefer cash or strong conventional/hard money financed offers. Start or add to your portfolio, or enjoy an affordable place to live and beat the cost of rent!
Last Agent to Sell the Property
TerraNova Real Estate License #55028-90 Listed on: 10/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,468
Year Built
- Built in 1952
Lot Details
- 6,098 Sq Ft Lot
- Fenced Yard
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Aluminum Trim
Interior Spaces
- 811 Sq Ft Home
- 1-Story Property
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- Patio
- Shed
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- High Speed Internet
Listing and Financial Details
- Exclusions: Seller's personal property
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2025
Closed on
Mar 28, 2025
Sold by
Hp Property Restorations Llc
Bought by
Butler Reginald
Seller's Agent
Nicholas Fetting
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Latisa Bowie
Keller Williams Realty-Milwaukee North Shore
List Price
$194,900
Sold Price
$194,900
Total Days on Market
2
Views
97
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,554
Avg. Annual Appreciation
-7.12%
Original Mortgage
$174,900
Outstanding Balance
$174,900
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$15,446
Purchase Details
Listed on
Oct 1, 2024
Closed on
Oct 16, 2024
Sold by
Plan B Homebuyers Llc
Bought by
Hp Property Restorations Llc
Seller's Agent
John Newland
TerraNova Real Estate
Buyer's Agent
Nicholas Fetting
Keller Williams Realty-Milwaukee North Shore
List Price
$99,900
Sold Price
$111,000
Premium/Discount to List
$11,100
11.11%
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
249.39%
Purchase Details
Closed on
Aug 14, 2024
Sold by
Nash James E
Bought by
Plan B Homebuyers Llc
Purchase Details
Closed on
Sep 8, 2006
Sold by
Norton Laquita D
Bought by
Nash Ii James E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 24, 1996
Sold by
Mages David B and Mages Kristin D
Bought by
Norton Laquita D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,478
Interest Rate
7.94%
Mortgage Type
FHA
Similar Homes in Milwaukee, WI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $194,900 | None Listed On Document | |
| Warranty Deed | $111,000 | None Listed On Document | |
| Warranty Deed | $59,000 | None Listed On Document | |
| Warranty Deed | $90,000 | Clear Title East Llc | |
| Warranty Deed | $44,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $174,900 | New Conventional | |
| Previous Owner | $72,000 | Purchase Money Mortgage | |
| Previous Owner | $44,478 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $194,900 | 0.0% | $165 / Sq Ft |
| 02/14/2025 02/14/25 | For Sale | $194,900 | 0.0% | $165 / Sq Ft |
| 02/13/2025 02/13/25 | Off Market | $194,900 | -- | -- |
| 02/12/2025 02/12/25 | For Sale | $194,900 | +75.6% | $165 / Sq Ft |
| 10/16/2024 10/16/24 | Sold | $111,000 | +11.1% | $137 / Sq Ft |
| 10/01/2024 10/01/24 | For Sale | $99,900 | -- | $123 / Sq Ft |
Source: Metro MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $1,805 | $76,400 | $4,400 | $72,000 |
| 2022 | $2,863 | $76,400 | $4,400 | $72,000 |
| 2021 | $2,008 | $57,900 | $4,300 | $53,600 |
| 2020 | $1,257 | $57,900 | $4,300 | $53,600 |
| 2019 | $2,310 | $60,500 | $4,600 | $55,900 |
| 2018 | $1,635 | $60,500 | $4,600 | $55,900 |
| 2017 | $1,568 | $58,700 | $6,900 | $51,800 |
| 2016 | $2,384 | $58,000 | $6,900 | $51,100 |
| 2015 | $2,959 | $62,800 | $6,900 | $55,900 |
| 2014 | $3,008 | $65,400 | $6,900 | $58,500 |
| 2013 | -- | $72,700 | $6,900 | $65,800 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Fetting
N
Seller's Agent in 2025
Nicholas Fetting
Keller Williams Realty-Milwaukee North Shore
(414) 510-9999
8 in this area
153 Total Sales
-
Latisa Bowie
L
Buyer's Agent in 2025
Latisa Bowie
Keller Williams Realty-Milwaukee North Shore
(262) 227-8371
1 in this area
2 Total Sales
-
John Newland
J
Seller's Agent in 2024
John Newland
TerraNova Real Estate
(414) 852-0921
5 in this area
487 Total Sales
Map
Source: Metro MLS
MLS Number: 1894117
APN: 171-9627-000-0
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