NOT LISTED FOR SALE

7624 N Beach Dr Milwaukee, WI 53217

Estimated Value: $3,330,000 - $4,193,340

6 Beds
5.5 Baths
7,200 Sq Ft
$539/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $3,388,457 $471 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $25,052/month

2 Days on Market

Highlights

  • Access To Lake
  • In Ground Pool
  • 1.68 Acre Lot
  • Stormonth Elementary School Rated A+
  • Waterfront
  • 3 Car Attached Garage

About This Home

As of June 2021

It's been called the Malibu of the Midwest and it's no wonder why. This estate situated on exceptional Beach drive boasts over 200 feet of private, sandy beach and no bluff to contend with! Live like you're on vacation with in-ground pool, hot tub, and tennis court all on a secluded nearly 2 acres. The interior is as exceptional as the setting. Every inch of this home has been restored and renovated for today's lifestyle. Too many updates and exceptional finishes to list. All this just 15 minutes from downtown Milwaukee. This is North Shore living at its absolute best.

Last Agent to Sell the Property

Shar Borg Team*

First Weber Inc -NPW License #66172-94 Listed on: 04/12/2021

Last Buyer's Agent

Shar Borg Team*

First Weber Inc -NPW License #66172-94 Listed on: 04/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,634

Year Built

  • Built in 1930

Lot Details

  • 1.68 Acre Lot
  • Waterfront
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,200 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Partial Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Patio
  • Shed

Schools

  • Stormonth Elementary School
  • Bayside Middle School
  • Nicolet High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Well Required

Listing and Financial Details

  • Exclusions: Sellers personal Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,634

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Single-Family
  • New Construction: No
  • Year Built: 1930
  • Cleared Acreage: Over 1 acre to 2 acres
  • Architecture: Colonial
  • Full Street Address: 7624 N Beach Dr
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 1.68
  • Municipality Type: Village
  • Other Rm1 Level: Main
  • Other Rm1 Name: Sun/Four Season Room
  • Other Rm2 Name: Bonus Room
  • Property Water Features: Waterfrontage on Lot, Lake, View of Water
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Range, Washer, Refrigerator, Microwave
  • Has Basement: Other-See Remarks, Partial
  • Interior Amenities: Separate Quarters
  • Bathroom Description: Master Bedroom Bath: Tub/No Shower, Shower Stall, Master Bedroom Bath
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Room Bedroom5 Level: Upper
  • Dining Room Dining Room Level: Main
  • Family Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 15
  • Second Floor Total Sq Ft: 7200.00

Exterior Features

  • Exclusions: Sellers personal Property
  • Exterior Features: Inground Pool, Sprinkler System, Patio
  • Exterior Building Type: 2 Story
  • Exterior: Aluminum/Steel, Aluminum, Brick, Brick/Stone
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Attached, 3 Car
  • Garage Spaces: 3.0

Utilities

  • Water Waste: Municipal Sewer, Well

Schools

  • School District: Fox Point J2
  • Elementary School: Stormonth
  • Middle School: Bayside
  • High School: Nicolet
  • Elementary School: Stormonth
  • High School: Nicolet
  • Junior High Dist: Fox Point J2

Lot Info

  • Zoning: Res
  • Acreage Range: 1 to 4.99

Tax Info

  • Tax Year: 2020
  • Total Taxes: 62634.0

MLS Schools

  • Middle School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Apr 23, 2021
Sold by
Adil M Daruwala And Sona Chawla Living T and Daruwala Adil M
Bought by
Shaka Suml May Paye Smat Revocable Trust
Seller's Agent
Shar Borg Team*
First Weber Inc -NPW
Buyer's Agent
Shar Borg Team*
First Weber Inc -NPW
List Price
$3,388,457
Sold Price
$3,388,457
Current Estimated Value
$3,884,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,656
Avg. Annual Appreciation
3.30%
Original Mortgage
$2,000,000
Outstanding Balance
$1,818,619
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,065,494

Purchase Details

Closed on
May 11, 2017
Sold by
Daruwala Adil M and Chawla Sona
Bought by
Daruwala Adil M and Chawla Sona

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jun 3, 2016
Sold by
Deter Daniel P
Bought by
Daruwala Adil M and Chawla Sona
Seller's Agent
Lasharle Borg
First Weber Inc -NPW
Buyer's Agent
Mary Jane Deeken
First Weber Inc -NPW
List Price
$2,245,000
Sold Price
$2,245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Sep 17, 1998
Sold by
Deter Lori J and Deter Daniel P
Bought by
Deter Daniel P
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
Shaka Suml May Paye Smat Revocable Trust $3,388,500 None Listed On Document
Daruwala Adil M -- None Available
Daruwala Adil M $2,245,000 Attorney
Deter Daniel P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smart Shaka $2,000,000
Previous Owner Shaka Suml May Paye Smat Revocable Trust $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $3,388,457 0.0% $471 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $3,388,457 +50.9% $471 / Sq Ft
06/03/2016 06/03/16 Sold $2,245,000 0.0% $330 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $2,245,000 -- $330 / 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 $45,435 -- -- --
2023 $78,292 $3,384,500 $1,751,000 $1,633,500
2022 $60,879 $2,551,000 $1,567,000 $984,000
2021 $60,879 $2,551,000 $1,567,000 $984,000
2020 $62,424 $2,551,000 $1,567,000 $984,000
2019 $57,629 $2,328,000 $1,362,000 $966,000
2018 $57,629 $2,328,000 $1,362,000 $966,000
2017 $55,531 $2,243,500 $1,362,000 $881,500
2016 $47,915 $1,846,700 $1,265,800 $580,900
2015 $47,728 $1,846,700 $1,265,800 $580,900
2014 $47,162 $1,846,700 $1,265,800 $580,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1735180

Metro MLS

APN: 093-9980-000