NOT LISTED FOR SALE

7950 N Lake Dr Milwaukee, WI 53217

Estimated Value: $1,554,000 - $1,936,000

7 Beds
6.5 Baths
7,600 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $1,180,000 $155 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,387/month

54 Days on Market

Highlights

  • Cabana
  • Newly Remodeled
  • Deck
  • Stormonth Elementary School Rated A+
  • 0.99 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of April 2022

This Beautiful entertaining and family green home awaits. Open concept first floor with chef kitchen, multiple entertaining areas, mud room boasting ample space and a dog shower, and option for first floor primary en suite. Second floor hosts multiple bedrooms and en suites, living room and wet bar. Access to second floor patio with hot tub or go up another floor for a gorgeous roof top patio. Over the three bay heated garage you will find a true mother-in-law suite perfect for a nanny, family member, or rental with private access and outstanding amenities

Last Agent to Sell the Property

Jay Schmidt

Keller Williams Realty-Milwaukee North Shore License #57868-90 Listed on: 01/18/2022

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Hoffmann Team*

RE/MAX Realty Pros~Milwaukee License #54807-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,100

Year Built

  • Built in 1950 | Newly Remodeled

Lot Details

  • 0.99 Acre Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 7,600 Sq Ft Home
  • 2-Story Property
  • Low Emissivity Windows
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Pool

  • Cabana
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Sellers Personal Property and Staging

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,100

Year Built

Built in 1950 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: ALL MAJOR APPLIANCES
  • New Construction: Yes
  • Year Built: 1950
  • Cleared Acreage: 1/2 to 1
  • Architecture: Other
  • EnvironmentallyFriendly: Other, Energy Star Appliances, Low E Windows
  • Full Street Address: 7950 N Lake DRIVE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.99
  • Municipality Type: Village
  • Other Rm1 Level: Main
  • Other Rm1 Name: Mud Room
  • Lot Description Waterfront: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Finished, Full, Sump Pump
  • Interior Amenities: Separate Quarters, Cable/Satellite Available, Hot Tub, Pantry, Security System, Skylight(s), Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Whirlpool, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Over Tub
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Room Bedroom5 Level: Upper
  • Den Office Level: Upper
  • Dining Room Dining Room Level: Main
  • Family Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 15
  • Second Floor Total Sq Ft: 7600.00

Exterior Features

  • Exclusions: Sellers Personal Property and Staging
  • Exterior Features: Deck, Patio
  • Exterior Building Type: 2 Story
  • Exterior: Wood
  • Out Buildings: Cabana/Gazebo, Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Heated, Attached, 3 Car
  • Garage Spaces: 3.0
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

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: 0.5 to .99

Tax Info

  • Tax Year: 2021
  • Total Taxes: 23100.0

MLS Schools

  • Middle School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2017
Sold by
Chelimsky Thomas and Chelimsky Gisela
Bought by
R Thomas
Current Estimated Value
$1,632,274

Purchase Details

Closed on
May 17, 2012
Sold by
Jones Paul J and Jone Tina M
Bought by
Chellmsky Thomas and Chellmsky Gisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2002
Sold by
Herzog Gary L and Herzog Camille P
Bought by
Jones Paul J and Jones Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1999
Sold by
Sterman Bruce M and Sterman Julie G
Bought by
Herzog Gary L and Herzog Camille P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,400
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
R Thomas -- None Available
Chellmsky Thomas $550,000 None Available
Jones Paul J $575,000 --
Herzog Gary L $430,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elson Joshua Knute $1,062,404
Open Chelimsky Thomas C $2,334,900
Closed Chelimsky Thomas C $906,600
Closed Chelimsky Thomas C $444,500
Previous Owner Chelimsky Thomas C $424,100
Previous Owner Chellmsky Thomas $417,000
Previous Owner Jones Paul J $417,000
Previous Owner Jones Paul J $460,000
Previous Owner Herzog Gary L $344,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $1,180,000 0.0% $155 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $1,180,000 -- $155 / 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 $29,923 -- -- --
2023 $32,142 $1,384,500 $329,000 $1,055,500
2022 $23,101 $966,000 $304,000 $662,000
2021 $23,101 $966,000 $304,000 $662,000
2020 $21,705 $886,500 $304,000 $582,500
2019 $15,249 $616,200 $336,000 $280,200
2018 $15,249 $616,200 $336,000 $280,200
2017 $15,239 $616,200 $336,000 $280,200
2016 $15,471 $596,500 $268,500 $328,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jay Schmidt

    Keller Williams Realty-Milwaukee North Shore

    (414) 517-7716

    68 in this area

    1,614 Total Sales

    Section Image

  • H

    Buyer's Agent in 2022

    Hoffmann Team*

    RE/MAX

See All Agents

Map

Source: Metro MLS

MLS Number: 1777331

Metro MLS

APN: 092-9999-002

Wisconsin Milwaukee County Milwaukee 53217

7950 N Lake Dr, Milwaukee, WI

This home is located at 7950 N Lake Dr, Milwaukee, WI 53217 since 18 January 2022 and is currently estimated at $1,729,812, approximately $227 per square foot. This property was built in 1950. 7950 N Lake Dr is a home located in Milwaukee County with nearby schools including Stormonth Elementary School, Bayside Middle School, and Nicolet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes