NOT LISTED FOR SALE

5851 N Lake Dr Milwaukee, WI 53217

Estimated Value: $447,000 - $488,000

3 Beds
1 Bath
1,413 Sq Ft
$330/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $346,000 $245 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,754/month

8 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Fenced Yard
  • Bathtub with Shower
  • Richards Elementary School Rated A
  • 1 Car Detached Garage
  • 1-minute walk to Klode Park

About This Home

As of April 2021

Charming 3 bedroom brick Cape Cod nestled in the heart of Whitefish Bay, near Klode Park. Beautiful HWF's, natural fireplace and built-in China Cabinets. Open concept living room offers tons of natural light. Bedroom 2 is a walk-thru bedroom to the upstairs and is currently being used as an office. Large upper has tons of potential! Fenced in backyard (New fence in 2018). 1 car garage with an additional parking space. Minutes from shopping, lakefront, parks and schools.

Last Agent to Sell the Property

Duvall Group*

Keller Williams Realty-Milwaukee North Shore License #32619-94 Listed on: 03/04/2021

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Jay Schmidt

Keller Williams Realty-Milwaukee North Shore License #57868-90

Keller Williams Realty-Milwaukee North Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,545

Year Built

  • Built in 1937

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,413 Sq Ft Home
  • 1.5-Story Property
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk Through Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller's personal property.

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,545

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Oven/range; refrigerator; dishwasher; microwave; washer; dryer and window treatments.
  • Directions: Silver Spring Dr East to Lake Dr. (Turn north at Winkies), North to address.
  • New Construction: No
  • Year Built: 1937
  • Cleared Acreage: Less than 1/2
  • Architecture: Cape Cod
  • Full Street Address: 5851 N Lake Dr
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.11
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Full
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Pantry, Security System, Walk-thru Bedroom, Wood or Sim.Wood Floors
  • Bathroom Description: Stubbed For Bathroom on Lower, Ceramic Tile, Shower Over Tub
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 1413.00

Exterior Features

  • Exclusions: Seller's personal property.
  • Exterior Features: Fenced Yard
  • Exterior Building Type: 1.5 Story
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

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

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 5544.87

MLS Schools

  • Middle School: Whitefish Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 1, 2021
Sold by
Ognar Tricia
Bought by
Fehrnow Michelle
Seller's Agent
Duvall Group*
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Jay Schmidt
Keller Williams Realty-Milwaukee North Shore
List Price
$346,000
Sold Price
$346,000
Current Estimated Value
$464,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,375
Avg. Annual Appreciation
7.17%
Original Mortgage
$346,000
Outstanding Balance
$264,919
Interest Rate
3%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$201,726

Purchase Details

Closed on
Jun 18, 2009
Sold by
Lakeland Property Management Llc
Bought by
Moran Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2008
Sold by
Endsley Richard A and Endsley Richard
Bought by
Lakeland Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2005
Sold by
Nelson Peter T and Nelson Janet S
Bought by
Endsley Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fehrnow Michelle $346,000 None Available
Moran Gina $220,000 Premier Title & Closing Serv
Lakeland Property Management Llc $162,500 Premier Title & Closing Serv
Endsley Richard A $241,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fehrnow Michelle $346,000
Closed Moran Gina $150,000
Closed Moran Gina $176,000
Previous Owner Lakeland Property Management Llc $174,000
Previous Owner Endsley Richard A $192,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $346,000 0.0% $245 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $346,000 -- $245 / 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 $2,533 $386,100 $151,200 $234,900
2023 $5,293 $318,900 $151,200 $167,700
2022 $5,293 $289,200 $121,500 $167,700
2021 $5,293 $289,200 $121,500 $167,700
2020 $5,545 $289,200 $121,500 $167,700
2019 $5,630 $289,200 $121,500 $167,700
2018 $5,130 $223,400 $111,400 $112,000
2017 $5,092 $223,400 $111,400 $112,000
2016 $5,058 $223,400 $111,400 $112,000
2015 $5,034 $223,400 $111,400 $112,000
2014 $4,959 $223,400 $111,400 $112,000
2013 $5,192 $234,200 $111,400 $122,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Duvall Group*

    Keller Williams Realty-Milwaukee North Shore

    37 in this area

    400 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jay Schmidt

    Keller Williams Realty-Milwaukee North Shore

    (414) 517-7716

    212 in this area

    1,612 Total Sales

    Section Image
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Map

Source: Metro MLS

MLS Number: 1729151

Metro MLS

APN: 165-0091-000

Wisconsin Milwaukee County Milwaukee 53217

5851 N Lake Dr, Milwaukee, WI

This home is located at 5851 N Lake Dr, Milwaukee, WI 53217 since 04 March 2021 and is currently estimated at $466,645, approximately $330 per square foot. This property was built in 1937. 5851 N Lake Dr is a home located in Milwaukee County with nearby schools including Richards Elementary School, Whitefish Bay Middle School, and Whitefish Bay High School.

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