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7131 North Lombardy Road

7131 North Lombardy Road, Milwaukee, WI 53217
Property in Fox Point
Sold Nov 02, 2020
$394,000
$374,300 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2050
Sold Jul 23, 1997
$197,500
$153,600 by Centurion Financial Group Inc
Mortgage Due Aug 01, 2027
This has been categorized as a residential property type. In total, the area measurement of the land is 16,348 square feet.

Learn more about the property and building on this page. The property was last sold in Oct 4, 2020 for $394,000. Prior to that sales transaction, the property was also sold in Jul 11, 1997 for $197,500. 7131 North Lombardy Road was last assessed in 2022. The total value of the property was assessed at $335,500. Specifically, the land the property is located on was valued at $116,500. While improvements on the property were assessed at a total of $219,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,747. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,348
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARL MILLER SUB
  • Land Acres: 0.375
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CARL MILLER SUBD. NO. 5 LOT 7 BLK. 1

Ownership

  • Current Owner : CHANG SI
  • Previous Owner : FOX DOUGLAS A
  • Previous Owner 2: FOX GAIL R
  • Owner Before Previous Owner: KATZ MANDEL M
  • Owner Before Previous Owner 2: KATZ SHIRLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fox Point Joint No. 2 School District
  • Census Tract: 035200

Geography

  • Parcel: 128-1116-000
  • Block: 1
  • Lot: 7
  • Municipality: VILLAGE OF FOX POINT
  • Latitude: 43.1477
  • Longitude: -87.9063

    Address

  • Full Address: 7131 N Lombardy Rd
  • Address - House Number: 7131
  • Street Direction: N
  • Address - Street Name: Lombardy
  • Address - Suffix Type: Rd
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C062
  • 4-Digit Zip Code: 3863
  • Zip Code: 53217

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,747

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 76
  • Final Value: 495,814
  • High Value: 584,869
  • Low Value: 406,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,300
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Loan Amount: $374,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $401,628
  • Market Land Value: $124,772
  • Market Improvement Value: $276,856

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $335,500
  • Assessed Land Value: $116,500
  • Assessed Improvements Value: $219,000

    Sales

  • Current Sale Contract Date: Oct 04, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11796286498
  • Current Sale Price: $394,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11039081
  • Previous Sale Recording Date: Jul 23, 1997
  • Previous Sale Contract Date: Jul 11, 1997
  • Previous Sale Amount: $197,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $374,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CENTURION FINANCIAL GROUP INC
  • Previous Mortgage Transaction Date: Jul 23, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $153,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2027

About Fox Point



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Frequently Asked Questions

What neighborhood is 7131 North Lombardy Road located in?
The 7131 North Lombardy Road is a located in the neighborhood of Fox Point in Fox Point, Milwaukee.
What is the average sales price for listings in 7131 North Lombardy Road?
The average sales price for units in 7131 North Lombardy Road is $0 currently.

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