NOT LISTED FOR SALE

W163N5182 Elm Tree Ln Menomonee Falls, WI 53051

Estimated Value: $348,000 - $384,262

3 Beds
1.5 Baths
1,457 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $282,000 $194 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,402/month

40 Days on Market

Highlights

  • 0.71 Acre Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Marcy Elementary School Rated A
  • 1-Story Property

About This Home

As of September 2021

Fantastic Menomonee Falls Ranch ready for its new owners to make it their own. 3 bed 1.5 bath, hardwood floors, 2 car attached garage with an additional oversized 2 car detached garage. .71 acres in a quiet neighborhood and a secluded patio with hot tub.

Last Agent to Sell the Property

Kelly Forstner

Real Broker LLC License #82395-94 Listed on: 06/29/2021

Last Buyer's Agent

Klaske Realty Team*

Keller Williams Realty-Lake Country License #60024-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,126

Year Built

  • Built in 1957

Lot Details

  • 0.71 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,457 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • North Middle School
  • Menomonee Falls High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Seller's personal property, basement freezer
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,126

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Washer, dryer, stove/range, microwave, refrigerator, basement refrigerator, water softener (owned) and hot tub
  • New Construction: No
  • Year Built: 1957
  • Cleared Acreage: 1/2 to 1
  • Architecture: Ranch
  • Full Street Address: W163N5182 Elm Tree LANE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.71
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Other, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Full
  • Interior Amenities: Water Softener
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 13
  • Second Floor Total Sq Ft: 1457.00

Exterior Features

  • Exclusions: Seller's personal property, basement freezer
  • Exterior Building Type: 1 Story
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, 2 Car
  • Garage Spaces: 2.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Menomonee Falls
  • Middle School: North
  • High School: Menomonee Falls
  • High School: Menomonee Falls
  • Junior High Dist: Menomonee Falls

Lot Info

  • Zoning: RES
  • Acreage Range: 0.5 to .99

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3125.74

MLS Schools

  • Middle School: North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Sep 8, 2021
Sold by
Schneider Michael R and Schneider Donna M
Bought by
Fairbank Scott A and Fairbank Melissa R
Seller's Agent
Kelly Forstner
Real Broker LLC
Buyer's Agent
Klaske Realty Team*
Keller Williams Realty-Lake Country
List Price
$282,000
Sold Price
$282,000
Total Days on Market
40
Current Estimated Value
$365,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,816
Avg. Annual Appreciation
6.49%
Original Mortgage
$272,588
Outstanding Balance
$251,256
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$106,001

Purchase Details

Closed on
Jul 9, 1999
Sold by
Mueller Grant and Mueller Lowell
Bought by
Schneider Michael R and Schneider Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,525
Interest Rate
7.37%
Source: Public Records

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Range of Values:

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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
Fairbank Scott A $282,000 Prism Title
Schneider Michael R $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairbank Scott A $272,588
Previous Owner Schneider Michael R $25,000
Previous Owner Schneider Michael R $134,900
Previous Owner Schneider Michael R $142,000
Previous Owner Schneider Michael R $135,000
Previous Owner Schneider Michael R $137,500
Previous Owner Schneider Michael R $36,357
Previous Owner Schneider Michael $31,250
Previous Owner Schneider Michael R $132,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $282,000 0.0% $194 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $282,000 -- $194 / 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 $4,272 $307,800 $120,400 $187,400
2023 $3,515 $307,800 $120,400 $187,400
2022 $3,600 $217,600 $82,800 $134,800
2021 $3,259 $217,600 $82,800 $134,800
2020 $3,280 $217,600 $82,800 $134,800
2019 $3,291 $217,600 $82,800 $134,800
2018 $3,161 $217,600 $82,800 $134,800
2017 $3,571 $217,600 $82,800 $134,800
2016 $3,156 $217,600 $82,800 $134,800
2015 $3,315 $217,600 $82,800 $134,800
2014 $3,676 $217,600 $82,800 $134,800
2013 $3,676 $217,600 $82,800 $134,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1749402

Metro MLS

APN: MNFV-0136-096