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5341 Somerset Ln; Milwaukee, WI Property Details

5341 Somerset Ln, Milwaukee, WI is a Residential General that was built in 1976. This property is currently Financed and is not for sale. Our records show that 5341 Somerset Ln has 2 bedrooms, and 2 bathrooms, and a total of 1,228 square feet. The lot size of 5341 Somerset Ln is 186,327 square feet.

Off market  •   Bankruptcy ✓
5341 Somerset Ln S Milwaukee, WI 53221
$120,000 Listing Price
2 Beds
2 Baths
1,228 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1976
  • Purchase Price: $120,000
  • Open Loans / Balance: 1 / $99,313
  • Est. Equity / %: $177,687 / 64.15%
  • Gross Yield: 11.207%
  • APN: 086450490000
  • Situs County: Milwaukee
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Stories: 1
  • Exterior Wall Type: Wood

Measurements

  • Total: 1,228/SqFt
  • Lot: 186,327/SqFt
  • Gross: 1,228/SqFt
  • Living: 1,228/SqFt
  • Building: 1,228/SqFt
  • Price Per Square Foot: $97.72

Legal Description

  • Description: 5341 SOMERSET LN S WINDERMERE ESTATES CONDOMINI SE 25-6-21 UNIT 5341
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Greenfield School District
  • Lat / Lon: 42.948254 / -87.95695
  • Subdivision: Windermere Estates Condo
  • Property Class: Residential
  • Zoning: PUDR5
  • County Use Code: G1

Amenities

  • Plus Four: 3225
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central

HOA

  • H O A One: $355
  • H O A Amount: $355
  • H O A One Frequency: Monthly
  • H O A One Name: Windermere Estates Condo
  • H O A One Type: Condo Owner Association

Ownership Info

5341 Somerset Ln S has no associated ownership info
5341 Somerset Ln S has no associated ownership info.

Taxes

5341 Somerset Ln S has 7 associated Taxes items

5341 Somerset Ln, Milwaukee, WI pays taxes in Milwaukee County, WI. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $185,300. The APN we've located for 5341 Somerset Ln is 086450490000.

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Taxes
  • Assessed Value:  $185,300
  • Assessed Year:  2025
  • Assessed County:  Milwaukee
  • APN:  086450490000
  • Assessed Land Value:  35000
  • Market Value:  209500
  • Market Year:  2025

Tax History

5341 Somerset Ln S has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $185,300 Land Value $35,000 Improvement Value $150,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $185,300 Land Value $35,000 Improvement Value $150,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $185,300 Land Value $35,000 Improvement Value $150,300 Tax Amount $3,130.98 Change Rate +0.240469% Assessed CR Tax Rate +0.016897%
Year 2022 Assessed Value $101,000 Land Value $27,000 Improvement Value $74,000 Tax Amount $2,524.03 Change Rate +0.028252% Assessed CR Tax Rate +0.02499%
Year 2021 Assessed Value $101,000 Land Value $27,000 Improvement Value $74,000 Tax Amount $2,454.68 Change Rate -0.173745% Assessed CR Tax Rate +0.024304%
Year 2020 Assessed Value $101,000 Land Value $27,000 Improvement Value $74,000 Tax Amount $2,970.85 Change Rate +0.013171% Assessed CR Tax Rate +0.029414%
Year 2019 Assessed Value $101,000 Land Value $27,000 Improvement Value $74,000 Tax Amount $2,932.23 Change Rate +0.022196% Assessed CR Tax Rate +0.029032%
Year 2018 Assessed Value $101,000 Land Value $27,000 Improvement Value $74,000 Tax Amount $2,868.56 Change Rate +0.052003% Assessed CR Tax Rate +0.028402%
Year 2017 Assessed Value $101,000 Land Value $27,000 Improvement Value $74,000 Tax Amount $2,726.76 Change Rate +0.020956% Assessed CR Tax Rate +0.026998%
Year 2016 Assessed Value $101,000 Land Value $27,000 Improvement Value $74,000 Tax Amount $2,670.79 Change Rate +0.00619% Assessed CR Tax Rate +0.026443%
Year 2015 Assessed Value $101,000 Land Value $27,000 Improvement Value $74,000 Tax Amount $2,654.36 Change Rate +0.004401% Assessed CR Tax Rate +0.026281%
Year 2014 Assessed Value $101,000 Land Value $27,000 Improvement Value $74,000 Tax Amount $2,642.73 Change Rate -0.022402% Assessed CR Tax Rate +0.026166%
Year 2013 Assessed Value $101,000 Land Value $27,000 Improvement Value $74,000 Tax Amount $2,703.29 Change Rate Assessed CR Tax Rate +0.026765%