3 months on rocket

2540 N Lake Dr, Milwaukee, WI, 53211

$649,000

Home List Price

$7,707*

Closing Credit

4 Bedrooms
3 Full Baths, 2 Partial
4,581 SqFt
$142/SqFt
House
Schools Nearby

Location

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2540 N Lake Dr, Milwaukee$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone, 1 Space
Year Built1900
HeatingHot Water, Radiant, Natural Gas
BasementYes
MLS #1862353
Lot Size0.19 Acres
StatusActive

About 2540 N Lake Dr

Amazing opportunity to own on Lake Drive, in the Historic Water Tower neighborhood of Milwaukee! Just minutes away from beautiful Lake Michigan, step into this approximately 4,500 square foot home. With 4 spacious bedrooms, 3 floors, up to 5 off-street parking spots, and plenty of sitting area, there is room for everyone! While in need of some finishing touches to bring out the full potential of this home, the beautiful hardwood floors, lovely brick exterior, and grand staircase give it a one-of-a-kind feel!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Stories: 2
  • Living Area: 4,581 SqFt

Listing Office:

  • Office Name: Premier Point Realty LLC
  • Office Phone: (414) 395-5478
  • Listing Agent: Hannah Martin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, Wall/Window Unit(s)
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, 1 Space

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Radiant, Natural Gas

School Info

Assigned Schools Information:

  • Riverside High School, Public District Grades 9-12
  • Bradley Technology High School, Public District Grades 9-12
  • Milwaukee High School of The Arts, Public District Grades 9-12
  • Maryland Montessori, Public District Grades PK-8
  • Hartford Avenue Elementary School, Public District Grades PK-8
  • Lincoln Middle School, Public District Grades 6-8
  • Fratney Elementary School, Public District Grades PK-5
  • Elm Creative Arts Elementary School, Public District Grades PK-5
  • Milwaukee French Immersion, Public District Grades PK-5

Other

Municipality:

  • Milwaukee

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $142/SqFt

Tax Information:

  • Annual Amount: $11,318
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Milwaukee, WI.

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Milwaukee, WI

City

Med. Sold Price

$231.9K

Med. Price/SqFt

$169

Avg. Days On Market

17

# of Sold Homes

433

2540 N Lake Dr vs Milwaukee

98 DAYS ON ROCKET

+81 Days

$649,000

+$417K More

$142/SqFt

-$27 Less

KEY TAKEAWAY

This property is $417K more than the Median Sold Price and $27/SqFt less than other homes in Milwaukee, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1862353

Listing Office:

  • Office Name: Premier Point Realty LLC
  • Office Phone: (414) 395-5478
  • Listing Agent: Hannah Martin

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$11,318$485,300
2019$11,318$436,800
2018$11,291$439,000

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-996325
2
/10

  • Fratney Elementary School

  • 3255 N Fratney St

  • 1.61 miles

  • Public District Grades PK-5

school-card-donut-996326
2
/10

  • Elm Creative Arts Elementary School

  • 900 W Walnut St

  • 2.49 miles

  • Public District Grades PK-5

school-card-donut-996327
4
/10

  • Milwaukee French Immersion

  • 2360 N 52nd St

  • 5.14 miles

  • Public District Grades PK-5

Middle School

school-card-donut-996328
7
/10

  • Maryland Montessori

  • 2418 N Maryland Ave

  • 0.34 miles

  • Public District Grades PK-8

school-card-donut-996329
2
/10

  • Hartford Avenue Elementary School

  • 2227 E Hartford Ave

  • 0.96 miles

  • Public District Grades PK-8

school-card-donut-996330
2
/10

  • Lincoln Middle School

  • 820 E Knapp St

  • 1.70 miles

  • Public District Grades 6-8

High School

school-card-donut-996331
2
/10

  • Riverside High School

  • 1615 E Locust St

  • 0.84 miles

  • Public District Grades 9-12

school-card-donut-996332
2
/10

  • Bradley Technology High School

  • 700 S 4th St

  • 3.36 miles

  • Public District Grades 9-12

school-card-donut-996333
2
/10

  • Milwaukee High School of The Arts

  • 2300 W Highland Ave

  • 3.56 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,162. Residents of Milwaukee, WI typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2540 N Lake Dr

What is the listing price of this property?

The listing price of 2540 N Lake Dr property is $649,000.

What type of property is this?

The property 2540 N Lake Dr is a house located in Milwaukee, Wisconsin, 53211.

Is this property for sale now?

Active Listing: 2540 N Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2540 N Lake Dr are:
Fratney Elementary School: GreatSchools Rating 2/10
Elm Creative Arts Elementary School: GreatSchools Rating 2/10
Milwaukee French Immersion: GreatSchools Rating 4/10
Maryland Montessori: GreatSchools Rating 7/10
Hartford Avenue Elementary School: GreatSchools Rating 2/10
Lincoln Middle School: GreatSchools Rating 2/10
Riverside High School: GreatSchools Rating 2/10
Bradley Technology High School: GreatSchools Rating 2/10
Milwaukee High School of The Arts: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,318 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2540 N Lake Dr has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 2540 N Lake Dr is 4,581 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2540 N Lake Dr is 1900.

Rocket Homes›Wisconsin›Milwaukee County›Milwaukee›53211›2540 N Lake Dr

This home is located at 2540 N Lake Dr in Milwaukee, WI and zip code 53211 in the Northpoint neighborhood. This 4,581 square foot home, which was built in 1900, sits on a 0.19 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $649,000.

While more than 207 listings in Milwaukee, WI in March 2024 were sold above asking price, there were more than 58 listings sold at asking price, and more than 168 were sold below. The inventory of homes for sale in Milwaukee, WI between February 2024 and March 2024 increased by 13.1%. In March 2024, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $231,980.

From Rocket Homes Real Estate and based on county public records data.

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