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7200 W Lima St; Milwaukee, WI Property Details

7200 W Lima St, Milwaukee, WI is a Single Family that was built in 1968. This property is currently a cash purchase and is not for sale. Our records show that 7200 W Lima St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,179 square feet. The lot size of 7200 W Lima St is 7,200 square feet.

Off market
7200 W Lima St Milwaukee, WI 53223
$220,700 Estimated Value
3 Beds
1.5 Baths
1,179 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1968
  • Purchase Price: $70,000
  • Open Loans / Balance: 1 / $80,020
  • Est. Equity / %: $151,980 / 65.51%
  • Gross Yield: 10.2%
  • APN: 001410225000
  • Situs County: Milwaukee
  • Length Of Ownership: 9 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • 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: $59.37

Legal Description

  • Description: MENOMONEE RIVER HILLS EAST IN SW 1/4 SEC 22-8-21 BLOCK 79 LOT 26
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: 43.138256 / -88.00097
  • Subdivision: Menomonee River Hills
  • Property Class: Residential
  • Zoning: RS5
  • County Use Code: G1-01

Amenities

  • Plus Four: 5739
  • Cooling: Central
  • 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

7200 W Lima St has no associated ownership info
7200 W Lima St has no associated ownership info.

Taxes

7200 W Lima St has 9 associated Taxes items

7200 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 $220,700. The APN we've located for 7200 W Lima St is 001410225000.

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Taxes
  • Assessed Value:  $220,700
  • Assessed Year:  2025
  • Assessed County:  Milwaukee
  • APN:  001410225000
  • Assessed Land Value:  20900
  • Tax Amount:  5350.62
  • Tax Year:  2025
  • Market Value:  199800
  • Market Year:  2023

Tax History

7200 W Lima St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $220,700 Land Value $20,900 Improvement Value $199,800 Tax Amount $5,350.62 Change Rate -0.211357% Assessed CR Tax Rate +0.024244%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,784.59 Change Rate +0.726504% Assessed CR Tax Rate
Year 2023 Assessed Value $166,300 Land Value $8,900 Improvement Value $157,400 Tax Amount $3,929.67 Change Rate +0.011108% Assessed CR Tax Rate +0.02363%
Year 2022 Assessed Value $166,300 Land Value $8,900 Improvement Value $157,400 Tax Amount $3,886.5 Change Rate +0.156962% Assessed CR Tax Rate +0.02337%
Year 2021 Assessed Value $130,500 Land Value $8,900 Improvement Value $121,600 Tax Amount $3,359.23 Change Rate +0.005779% Assessed CR Tax Rate +0.025741%
Year 2020 Assessed Value $130,500 Land Value $8,900 Improvement Value $121,600 Tax Amount $3,339.93 Change Rate +0.177719% Assessed CR Tax Rate +0.025593%
Year 2019 Assessed Value $106,800 Land Value $8,900 Improvement Value $97,900 Tax Amount $2,835.93 Change Rate +0.051774% Assessed CR Tax Rate +0.026554%
Year 2018 Assessed Value $106,800 Land Value $8,900 Improvement Value $97,900 Tax Amount $2,696.33 Change Rate +0.050746% Assessed CR Tax Rate +0.025247%
Year 2017 Assessed Value $96,700 Land Value $10,500 Improvement Value $86,200 Tax Amount $2,566.11 Change Rate -0.063563% Assessed CR Tax Rate +0.026537%
Year 2016 Assessed Value $98,100 Land Value $10,500 Improvement Value $87,600 Tax Amount $2,740.29 Change Rate -0.00101% Assessed CR Tax Rate +0.027934%
Year 2015 Assessed Value $96,200 Land Value $10,500 Improvement Value $85,700 Tax Amount $2,743.06 Change Rate -0.021384% Assessed CR Tax Rate +0.028514%
Year 2014 Assessed Value $96,200 Land Value $10,500 Improvement Value $85,700 Tax Amount $2,803 Change Rate Assessed CR Tax Rate +0.029137%
Year 2013 Assessed Value $96,200 Land Value $10,500 Improvement Value $85,700 Tax Amount Change Rate Assessed CR Tax Rate