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5541 S Lorene Ave; Milwaukee, WI Property Details

5541 S Lorene Ave, Milwaukee, WI is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 5541 S Lorene Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,248 square feet. The lot size of 5541 S Lorene Ave is 12,375 square feet.

Off market
5541 S Lorene Ave Milwaukee, WI 53221
$235,000 Listing Price
3 Beds
1.5 Baths
1,248 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $235,000
  • Open Loans / Balance: 2 / $218,581
  • Est. Equity / %: $118,419 / 35.14%
  • Gross Yield: 10.159%
  • APN: 006670205000
  • Situs County: Milwaukee
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)

Measurements

  • Total: 1,248/SqFt
  • Lot: 12,375/SqFt
  • Garage: 396/SqFt
  • Living: 1,248/SqFt
  • Basement: 1,090/SqFt
  • Building: 2,734/SqFt
  • Ground: 1,248/SqFt
  • Garage Unfinished: 396/SqFt
  • Price Per Square Foot: $188.30

Legal Description

  • Description: HONEY CREEK MEADOWS IN NW 1/4 SEC 36-6-21 BLOCK 11 LOT 4
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Milwaukee School District
  • Lat / Lon: 42.944016 / -87.959274
  • Subdivision: Honey Creek Meadows
  • Property Class: Residential
  • Zoning: RS3
  • County Use Code: G1-01

Amenities

  • Plus Four: 4019
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

5541 S Lorene Ave has no associated ownership info
5541 S Lorene Ave has no associated ownership info.

Taxes

5541 S Lorene Ave has 9 associated Taxes items

5541 S Lorene Ave, 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 $298,800. The APN we've located for 5541 S Lorene Ave is 006670205000.

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Taxes
  • Assessed Value:  $298,800
  • Assessed Year:  2025
  • Assessed County:  Milwaukee
  • APN:  006670205000
  • Assessed Land Value:  72100
  • Tax Amount:  7784.76
  • Tax Year:  2025
  • Market Value:  269500
  • Market Year:  2023

Tax History

5541 S Lorene Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $298,800 Land Value $72,100 Improvement Value $226,700 Tax Amount $7,784.76 Change Rate -0.011502% Assessed CR Tax Rate +0.026053%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $7,875.34 Change Rate +0.485854% Assessed CR Tax Rate
Year 2023 Assessed Value $224,300 Land Value $65,200 Improvement Value $159,100 Tax Amount $5,300.21 Change Rate +0.054649% Assessed CR Tax Rate +0.02363%
Year 2022 Assessed Value $224,300 Land Value $65,200 Improvement Value $159,100 Tax Amount $5,025.57 Change Rate +0.07284% Assessed CR Tax Rate +0.022406%
Year 2021 Assessed Value $190,300 Land Value $65,300 Improvement Value $125,000 Tax Amount $4,684.36 Change Rate -0.007797% Assessed CR Tax Rate +0.024616%
Year 2020 Assessed Value $190,300 Land Value $65,300 Improvement Value $125,000 Tax Amount $4,721.17 Change Rate +0.11283% Assessed CR Tax Rate +0.024809%
Year 2019 Assessed Value $170,800 Land Value $66,400 Improvement Value $104,400 Tax Amount $4,242.49 Change Rate +0.012668% Assessed CR Tax Rate +0.024839%
Year 2018 Assessed Value $170,800 Land Value $66,400 Improvement Value $104,400 Tax Amount $4,189.42 Change Rate -0.011559% Assessed CR Tax Rate +0.024528%
Year 2017 Assessed Value $162,700 Land Value $80,100 Improvement Value $82,600 Tax Amount $4,238.41 Change Rate -0.005757% Assessed CR Tax Rate +0.02605%
Year 2016 Assessed Value $156,100 Land Value $80,100 Improvement Value $76,000 Tax Amount $4,262.95 Change Rate -0.024617% Assessed CR Tax Rate +0.027309%
Year 2015 Assessed Value $156,100 Land Value $80,100 Improvement Value $76,000 Tax Amount $4,370.54 Change Rate -0.020561% Assessed CR Tax Rate +0.027998%
Year 2014 Assessed Value $156,100 Land Value $80,100 Improvement Value $76,000 Tax Amount $4,462.29 Change Rate Assessed CR Tax Rate +0.028586%
Year 2013 Assessed Value $156,100 Land Value $80,100 Improvement Value $76,000 Tax Amount Change Rate Assessed CR Tax Rate