NOT LISTED FOR SALE

7775 S 31st St Franklin, WI 53132

Estimated Value: $376,000 - $395,000

4.78 Acres
$81,299 Price per Acre
208,217 Sq Ft Lot

Last Sold June 17, 2021

Last sale price $200,000

Est. 94% increase in value since last sale

Current estimated payment $2,163/month

239 Days on Market

Highlights

  • 4.78 Acre Lot
  • Wetlands on Lot
  • Level Lot
  • Meadowview Elementary School Rated A-
  • Wooded Lot

About This Lot

As of June 2021

Sale includes 2 parcels - 7775 S 31st & 3140 W Drexel Ave. What an amazing property!! Rare chance to build your dream property tucked away off the beaten path on this combined parcel of almost 5 acres. Zoned R6 residential and no subdivision restrictions, this gives you room to build what you need. Utilities are more accessible for connection on the 31st St side - wetlands are along Drexel frontage. In addition, this land lies in the 27th Street Business Corridor overlay for additional opportunities (see city of Franklin website for full details on zoning).

Last Agent to Sell the Property

Lisa Reinecke

RE/MAX Realty Pros~Brookfield License #49673-90 Listed on: 08/31/2020

Last Buyer's Agent

Tom Stachowlak

Tangent Realty, LLC License #54941-90

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,871

Lot Details

  • 4.78 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R6

Outdoor Features

  • Wetlands on Lot

Schools

  • Oak Creek High School

Utilities

  • Water Not Available
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,871

Lot Details

0

Listing Details

  • Prop. Type: Vacant Land
  • New Construction: No
  • Cleared Acreage: Over 2 acres to 5 acres
  • Full Street Address: 7775 S 31ST STREET
  • Lot Acreage: 4.78
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Cable, Electricity, Natural Gas, Telephone
  • Water Waste: No Water Presently, Municipal Sewer, Municipal Water, Municipal Water Required

Schools

  • School District: Oak Creek-Franklin
  • High School: Oak Creek
  • High School: Oak Creek
  • Junior High Dist: Oak Creek-Franklin

Lot Info

  • Zoning: R6
  • Acreage Range: 1 to 4.99
  • Lot Description: Level, Wetland, Wooded, Raw Land, Curb/gutter

Tax Info

  • Tax Year: 2020
  • Assessor Parcel Number 2: 7869991000
  • Total Taxes: 2871.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Jun 1, 2021
Sold by
Drexel Avenue Properties Inc
Bought by
Khaddour Saifeddin Y
Seller's Agent
Lisa Reinecke
RE/MAX Realty Pros~Brookfield
Buyer's Agent
Tom Stachowlak
Tangent Realty, LLC
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$388,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,609
Avg. Annual Appreciation
17.09%
Original Mortgage
$160,000
Outstanding Balance
$149,964
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$238,645

Purchase Details

Closed on
Jul 27, 2007
Sold by
Equity Trust Co
Bought by
Drexel Avenue Properties Inc

Purchase Details

Closed on
Oct 27, 2005
Sold by
Kraeger Steven F
Bought by
Equity Trust Co
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
Khaddour Saifeddin Y $200,000 None Available
Drexel Avenue Properties Inc $85,000 None Available
Equity Trust Co $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khaddour Saifeddin Y $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $200,000 0.0% --
04/27/2021 04/27/21 Pending -- -- --
08/31/2020 08/31/20 For Sale $200,000 -- --
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 $740 -- -- --
2023 $744 $45,800 $45,800 --
2022 $797 $45,800 $45,800 $0
2021 $866 $42,800 $42,800 $0
2020 $847 $0 $0 $0
2019 $954 $42,800 $42,800 $0
2018 $849 $0 $0 $0
2017 $965 $42,800 $42,800 $0
2015 -- $39,600 $39,600 $0
2013 -- $39,600 $39,600 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Reinecke

    RE/MAX

  • T

    Buyer's Agent in 2021

    Tom Stachowlak

    Tangent Realty, LLC

    (414) 807-8033

    1 in this area

    8 Total Sales

    Tom Stachowlak
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Map

Source: Metro MLS

MLS Number: 1707632

Metro MLS

APN: 786-9994-001

Wisconsin Milwaukee County Franklin 53132

7775 S 31st St, Franklin, WI

This home is located at 7775 S 31st St, Franklin, WI 53132 since 31 August 2020 and is currently estimated at $388,609. 7775 S 31st St is a home located in Milwaukee County with nearby schools including Meadowview Elementary School, Oak Creek West Middle School, and Oak Creek High School.

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