NOT LISTED FOR SALE

7224 W Mequon Square Dr Mequon, WI 53092

Estimated Value: $401,000 - $425,000

2 Beds
2 Baths
1,664 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $372,500 $224 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,844/month

13 Days on Market

Highlights

  • 2.5 Car Attached Garage
  • Walk-In Closet
  • En-Suite Primary Bedroom
  • Wilson Elementary School Rated A
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of May 2022

Beautiful & Spacious 2 bedroom / 2 bathroom Ranch style side by side condo.Private entrance with attached 2.5 car garage. Open concept, FP, lot of natural light.Large loft /den/sunroom features a big storage/pantry closet (potential laundry room), vaulted ceilings with skylights and access to a private patio.Large Master bedroom suite with walk in closet and access to patio.Great Mequon location, close to schools, parks & restaurants.Unit is fully updated throughout: granite countertops, laminate flooring, updated kitchen & bathrooms, newer roof and mechanicals.Huge basement for storage or additional living space.

Last Agent to Sell the Property

Lisa Kleyman

Infinity Realty License #53407-90 Listed on: 03/18/2022

Last Buyer's Agent

Jay Schmidt

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

Keller Williams Realty-Milwaukee North Shore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 1994

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dual Entry to Primary Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Basement

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

Schools

  • Steffen Middle School
  • Homestead High School

Utilities

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

Listing and Financial Details

  • Exclusions: Refrigerator (negotiable)

Community Details

Overview

  • 75 Units
  • Mequon On The Square Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,258

Year Built

Built in 1994

Lot Details

0

HOA Fees

$290 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: oven, dishwasher, washer, dryer, disposal, microwave
  • Directions: Mequon Rd to 76th St, then south to Mequon Square Dr, East to address
  • New Construction: No
  • Year Built: 1994
  • CondoFeeMonthly: 290.0
  • CondoUnitType: 1 Story
  • Full Street Address: 7224 W Mequon Square Dr
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Washer
  • Has Basement: Block, Full, Poured Concrete
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Loft, Pantry, Skylight(s), Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Ceramic Tile, Dual Entry Off Master Bedroom, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Main
  • Den Office Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 1664.00

Exterior Features

  • Exclusions: Refrigerator (negotiable)
  • Exterior Features: Patio/Porch, Private Entry
  • Exterior Building Type: 1 Story, Side X Side
  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal Water, Shared Well

Association/Amenities

  • Condominium Name: Mequon on the Square
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 75

Schools

  • School District: Mequon-Thiensville
  • Middle School: Steffen
  • High School: Homestead
  • High School: Homestead
  • Junior High Dist: Mequon-Thiensville

Lot Info

  • Zoning: condo

Tax Info

  • Tax Year: 2021
  • Total Taxes: 3258.38

MLS Schools

  • Middle School: Steffen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 11, 2022
Sold by
Babakhanov and Tatyana
Bought by
Hayes Lori L
Seller's Agent
Lisa Kleyman
Infinity Realty
Buyer's Agent
Jay Schmidt
Keller Williams Realty-Milwaukee North Shore
List Price
$372,500
Sold Price
$372,500
Current Estimated Value
$411,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,274
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
Dec 7, 2016
Sold by
Babakhanov Sergey and Babakhanov Tatyana
Bought by
Babakhanov Sergey and Babakhanov Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2014
Sold by
Winkelmann Trust
Bought by
Babakhanov Sergey

Purchase Details

Closed on
Sep 22, 2010
Sold by
Winkelmann Norma D
Bought by
Norma D Winkelmann Revocable Living Trus
Source: Public Records

Range of Values:

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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
Hayes Lori L $372,500 Ron Kaminsky
Babakhanov Sergey -- --
Babakhanov Sergey $205,000 Priority Title
Norma D Winkelmann Revocable Living Trus -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babakhanov Vladimir $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $372,500 0.0% $224 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $372,500 -- $224 / 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 $3,776 $276,600 $72,000 $204,600
2023 $3,526 $276,600 $72,000 $204,600
2022 $3,512 $276,600 $72,000 $204,600
2021 $3,258 $256,100 $72,000 $184,100
2020 $3,093 $211,000 $72,000 $139,000
2019 $2,955 $211,000 $72,000 $139,000
2018 $2,933 $211,000 $72,000 $139,000
2017 $2,982 $211,000 $72,000 $139,000
2016 $3,004 $211,000 $72,000 $139,000
2015 $2,991 $211,000 $72,000 $139,000
2014 -- $211,000 $72,000 $139,000
2013 $3,116 $211,000 $72,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1783874

Metro MLS

APN: 141321001000