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5403 Somerset Ln; Milwaukee, WI Property Details

5403 Somerset Ln, Milwaukee, WI is a Residential General that was built in 1986. This property is currently a cash purchase and is not for sale. Our records show that 5403 Somerset Ln has 2 bedrooms, and 2 bathrooms, and a total of 1,250 square feet. The lot size of 5403 Somerset Ln is 6,321 square feet.

Off market
5403 Somerset Ln S Milwaukee, WI 53221
$176,000 Listing Price
2 Beds
2 Baths
1,250 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1986
  • Purchase Price: $10,000
  • Est. Equity / %: $318,000 / 100%
  • Gross Yield: 11.491%
  • APN: 086450504000
  • Situs County: Milwaukee
  • Length Of Ownership: 5 years, 2 months

Rooms

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

Structure

  • Stories: 1.5
  • Exterior Wall Type: Wood

Measurements

  • Total: 1,250/SqFt
  • Lot: 6,321/SqFt
  • Gross: 1,250/SqFt
  • Living: 1,250/SqFt
  • Building: 1,250/SqFt
  • Price Per Square Foot: $8.00

Legal Description

  • Description: 5403 SOMERSET LN S CAMBRIDGE VILLAGE CONDOMINIU PHASE I SW 25 6 21 UNIT 5403
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: 42.946976 / -87.95804
  • Subdivision: Cambridge Village Condo
  • Property Class: Residential
  • Zoning: PUD
  • County Use Code: G1

Amenities

  • Plus Four: 3243
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central

HOA

  • H O A One: $370
  • H O A Amount: $370
  • H O A One Frequency: Monthly
  • H O A One Name: Cambridge Village Condo
  • H O A One Type: Condo Owner Association

Ownership Info

5403 Somerset Ln S has no associated ownership info
5403 Somerset Ln S has no associated ownership info.

Taxes

5403 Somerset Ln S has 7 associated Taxes items

5403 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 $234,900. The APN we've located for 5403 Somerset Ln is 086450504000.

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Taxes
  • Assessed Value:  $234,900
  • Assessed Year:  2025
  • Assessed County:  Milwaukee
  • APN:  086450504000
  • Assessed Land Value:  57200
  • Market Value:  265600
  • Market Year:  2025

Tax History

5403 Somerset Ln S has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $234,900 Land Value $57,200 Improvement Value $177,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $234,900 Land Value $57,200 Improvement Value $177,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $4,055.93 Change Rate +0.120271% Assessed CR Tax Rate
Year 2022 Assessed Value $140,200 Land Value $44,000 Improvement Value $96,200 Tax Amount $3,620.49 Change Rate +0.02781% Assessed CR Tax Rate +0.025824%
Year 2021 Assessed Value $140,200 Land Value $44,000 Improvement Value $96,200 Tax Amount $3,522.53 Change Rate -0.145823% Assessed CR Tax Rate +0.025125%
Year 2020 Assessed Value $140,200 Land Value $44,000 Improvement Value $96,200 Tax Amount $4,123.89 Change Rate +0.013171% Assessed CR Tax Rate +0.029414%
Year 2019 Assessed Value $140,200 Land Value $44,000 Improvement Value $96,200 Tax Amount $4,070.28 Change Rate +0.022195% Assessed CR Tax Rate +0.029032%
Year 2018 Assessed Value $140,200 Land Value $44,000 Improvement Value $96,200 Tax Amount $3,981.9 Change Rate +0.083802% Assessed CR Tax Rate +0.028402%
Year 2017 Assessed Value $140,200 Land Value $44,000 Improvement Value $96,200 Tax Amount $3,674.01 Change Rate -0.01362% Assessed CR Tax Rate +0.026205%
Year 2016 Assessed Value $140,200 Land Value $44,000 Improvement Value $96,200 Tax Amount $3,724.74 Change Rate +0.008573% Assessed CR Tax Rate +0.026567%
Year 2015 Assessed Value $140,200 Land Value $44,000 Improvement Value $96,200 Tax Amount $3,693.08 Change Rate +0.003674% Assessed CR Tax Rate +0.026342%
Year 2014 Assessed Value $140,200 Land Value $44,000 Improvement Value $96,200 Tax Amount $3,679.56 Change Rate -0.022756% Assessed CR Tax Rate +0.026245%
Year 2013 Assessed Value $140,200 Land Value $44,000 Improvement Value $96,200 Tax Amount $3,765.24 Change Rate Assessed CR Tax Rate +0.026856%