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7131 W Lima St; Milwaukee, WI Property Details

7131 W Lima St, Milwaukee, WI is a Single Family that was built in 1968. This property is currently Financed and is not for sale. Our records show that 7131 W Lima St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,179 square feet. The lot size of 7131 W Lima St is 7,200 square feet.

Off market
7131 W Lima St Milwaukee, WI 53223
$195,700 Estimated Value
3 Beds
1.5 Baths
1,179 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1968
  • Purchase Price: $80,500
  • Open Loans / Balance: 1 / $88,316
  • Est. Equity / %: $160,684 / 64.53%
  • Gross Yield: 10.231%
  • APN: 001410244000
  • Situs County: Milwaukee
  • Length Of Ownership: 27 years, 5 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Asbestos shingle

Measurements

  • Total: 1,179/SqFt
  • Lot: 7,200/SqFt
  • Garage: 440/SqFt
  • Living: 1,179/SqFt
  • Basement: 1,106/SqFt
  • Building: 2,285/SqFt
  • Ground: 1,179/SqFt
  • Garage Unfinished: 440/SqFt
  • Price Per Square Foot: $68.28

Legal Description

  • Description: MENOMONEE RIVER HILLS EAST IN SW 1/4 SEC 22-8-21 BLOCK 82 LOT 3
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: 43.137943 / -88.00039
  • Subdivision: Menomonee River Hills
  • Property Class: Residential
  • Zoning: RS5
  • County Use Code: G1-01

Amenities

  • Plus Four: 5736
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes

HOA

  • H O A One: $8
  • H O A Amount: $8
  • H O A One Type: Planned Unit Development

Ownership Info

7131 W Lima St has no associated ownership info
7131 W Lima St has no associated ownership info.

Taxes

7131 W Lima St has 9 associated Taxes items

7131 W Lima St, 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 $195,700. The APN we've located for 7131 W Lima St is 001410244000.

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Taxes
  • Assessed Value:  $195,700
  • Assessed Year:  2025
  • Assessed County:  Milwaukee
  • APN:  001410244000
  • Assessed Land Value:  20900
  • Tax Amount:  3724.05
  • Tax Year:  2025
  • Market Value:  179900
  • Market Year:  2023

Tax History

7131 W Lima St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $195,700 Land Value $20,900 Improvement Value $174,800 Tax Amount $3,724.05 Change Rate -0.244207% Assessed CR Tax Rate +0.019029%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,927.34 Change Rate +0.392923% Assessed CR Tax Rate
Year 2023 Assessed Value $149,700 Land Value $8,900 Improvement Value $140,800 Tax Amount $3,537.41 Change Rate -0.249969% Assessed CR Tax Rate +0.02363%
Year 2022 Assessed Value $149,700 Land Value $8,900 Improvement Value $140,800 Tax Amount $4,716.35 Change Rate +0.634953% Assessed CR Tax Rate +0.031505%
Year 2021 Assessed Value $121,800 Land Value $8,900 Improvement Value $112,900 Tax Amount $2,884.7 Change Rate -0.283819% Assessed CR Tax Rate +0.023684%
Year 2020 Assessed Value $121,800 Land Value $8,900 Improvement Value $112,900 Tax Amount $4,027.89 Change Rate +0.445865% Assessed CR Tax Rate +0.03307%
Year 2019 Assessed Value $106,400 Land Value $8,900 Improvement Value $97,500 Tax Amount $2,785.8 Change Rate +0.104122% Assessed CR Tax Rate +0.026182%
Year 2018 Assessed Value $106,400 Land Value $8,900 Improvement Value $97,500 Tax Amount $2,523.09 Change Rate -0.340144% Assessed CR Tax Rate +0.023713%
Year 2017 Assessed Value $96,300 Land Value $10,500 Improvement Value $85,800 Tax Amount $3,823.7 Change Rate +0.084079% Assessed CR Tax Rate +0.039706%
Year 2016 Assessed Value $99,400 Land Value $10,500 Improvement Value $88,900 Tax Amount $3,527.14 Change Rate -0.061049% Assessed CR Tax Rate +0.035484%
Year 2015 Assessed Value $97,500 Land Value $10,500 Improvement Value $87,000 Tax Amount $3,756.47 Change Rate +0.199177% Assessed CR Tax Rate +0.038528%
Year 2014 Assessed Value $97,500 Land Value $10,500 Improvement Value $87,000 Tax Amount $3,132.54 Change Rate Assessed CR Tax Rate +0.032129%
Year 2013 Assessed Value $97,500 Land Value $10,500 Improvement Value $87,000 Tax Amount Change Rate Assessed CR Tax Rate