7040 124th St
Milwaukee, WI 53224
5 bd 3 ba 3,800 sqft Built 1962 Lot 52,708 sqft single_family
Most recent sale
$381,500
Sep 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 26, 2022 | Sold | $381,500 | MLS #1801239 |
| Jul 7, 2022 | Listed | $379,900 | MLS #1801239 |
| Jun 23, 2022 | Price changed | $399,900 | MLS #1795105 |
| Jun 16, 2022 | Price changed | $399,999 | MLS #1795105 |
| Jun 3, 2022 | Listed | $424,900 | MLS #1795105 |
| May 5, 2014 | Sold | $204,500 | Public Record |
| Apr 12, 1996 | Sold | $175,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $295,300 | $101,900 | $397,200 | $8,738 |
| 2022 | $257,000 | $101,900 | $358,900 | $8,230 |
| 2021 | $222,200 | $81,400 | $303,600 | $7,661 |
| 2020 | $222,200 | $81,400 | $303,600 | $7,686 |
| 2019 | $174,800 | $81,400 | $256,200 | $6,422 |
| 2018 | $155,000 | $76,200 | $231,200 | $5,752 |
| 2017 | $155,000 | $76,200 | $231,200 | $5,917 |
| 2016 | $164,500 | $49,500 | $214,000 | $5,924 |
| 2014 | $164,500 | $49,500 | $214,000 | $6,347 |
| 2013 | $197,300 | $49,500 | $246,800 | $7,341 |
| 2012 | $230,300 | $49,500 | $279,800 | $7,199 |
| 2011 | $230,300 | $49,500 | $279,800 | $7,267 |
| 2010 | $230,300 | $49,500 | $279,800 | $7,267 |
| 2008 | $272,000 | $49,500 | $321,500 | $7,601 |
| 2007 | $256,900 | $49,500 | $306,400 | $7,001 |
| 2006 | $256,900 | $49,500 | $306,400 | $6,771 |
Property facts
Year built
1962
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,800 sqft
Lot size
52,708 sqft
ZIP code
53224
City
Milwaukee
Street
124th St
Coordinates
43.14515, -88.06358
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,289
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7040 124th St last sell?
7040 124th St most recently sold on Sep 26, 2022 for $381,500.
What is the current tax assessment for 7040 124th St?
The most recent total assessment for 7040 124th St (year 2024) is $397,200 with $8,738 in property tax.
How does 7040 124th St's assessment compare to its last sale price?
The current assessment is 4.1% above the last sale price of $381,500.
When was 7040 124th St built?
7040 124th St was built in 1962.
How does 7040 124th St compare to others on 124th St?
We track 8 other properties on 124th St. Browse the list under "Other properties on 124th St" to compare beds, baths, and sale history.
What are the property facts for 7040 124th St?
7040 124th St is a 5 bed, 3 bath, 3,800 sqft, 52,708 sqft lot single_family.
Is 7040 124th St a flip candidate?
No — 7040 124th St does not appear in our flips dataset.
Is 7040 124th St a tax-appeal candidate?
No — 7040 124th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.0%
Implied 1-yr
-4.2%
2026 Q3
$230.4K
2026 Q4
$227.9K
ZIP 53224 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 124th St