NOT LISTED FOR SALE

1503 E Olive St Milwaukee, WI 53211

Estimated Value: $455,000 - $494,000

3 Beds
2 Baths
1,615 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $400,000 $248 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,749/month

3 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Walk-In Closet
  • Lake Bluff Elementary School Rated A+
  • 1.5 Car Detached Garage
  • Bathtub with Shower

About This Home

As of March 2022

One Party Listing - for recording purposes only

Last Agent to Sell the Property

Mary Sherrod

Shorewest Realtors, Inc. License #56006-94 Listed on: 01/24/2022

Shorewest Realtors, Inc.

Last Buyer's Agent

Leslie Latterell

Shorewest Realtors, Inc. License #56889-90

Shorewest Realtors, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1927

Lot Details

  • 4,356

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,615 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Schools

  • Shorewood Middle School
  • Shorewood High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Deck
  • 4,356 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Seller's Personal Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,630

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Refrigerator, Range/Oven, Dishwasher, Microwave, Lower Level Refrigerator, TV Mounts in Living Room & Bedroom, All Window Treatments, Disposal
  • Directions: Wilson to Olive
  • New Construction: No
  • Year Built: 1927
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 1503 E Olive St
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Other Rm1 Level: Upper
  • Other Rm1 Name: Bonus Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Block, Full, Partially Finished, Radon Mitigation System, Sump Pump
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Master Bedroom Bath, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 18
  • Second Floor Total Sq Ft: 1615.00

Exterior Features

  • Exclusions: Seller's Personal Property
  • Exterior Features: Deck
  • Exterior Building Type: 1.5 Story
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 1 Car
  • Garage Spaces: 1.5

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • High School: Shorewood
  • Junior High Dist: Shorewood

Lot Info

  • Zoning: Res
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2021
  • Total Taxes: 6630.0

MLS Schools

  • Middle School: Shorewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 24, 2022
Sold by
Morphis Michael E and Morphis Robin L
Bought by
Kim Rosa
Seller's Agent
Mary Sherrod
Shorewest Realtors, Inc.
Buyer's Agent
Leslie Latterell
Shorewest Realtors, Inc.
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$470,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,864
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
May 17, 1999
Sold by
Dornbach Thomas B and Svetlik Barbara M
Bought by
Morphis Michael E and Morphis Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,300
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1998
Sold by
Whitcomb Linda L and Mayville Jeffery
Bought by
Dornbach Thomas B and Svetlik Barbara M

Purchase Details

Closed on
Mar 28, 1997
Sold by
Mayville Harris J
Bought by
Whitcomb Linda L and Mayville Jeffery
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kim Rosa -- None Listed On Document
Morphis Michael E $134,000 --
Dornbach Thomas B $120,000 --
Whitcomb Linda L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morphis Michael E $127,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $400,000 0.0% $248 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $400,000 -- $248 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,448 $331,600 $71,400 $260,200
2023 -- $323,800 $63,600 $260,200
2022 -- $283,000 $63,600 $219,400
2021 $6,630 $283,000 $219,400 $63,600
2020 $6,924 $264,900 $63,600 $201,300
2019 $6,806 $264,900 $63,600 $201,300
2018 $7,438 $270,300 $63,600 $206,700
2017 $6,876 $270,300 $63,600 $206,700
2016 $6,876 $253,500 $63,600 $189,900
2015 $6,513 $243,400 $63,600 $179,800
2014 $6,176 $240,000 $63,600 $176,400
2013 $5,979 $240,000 $63,600 $176,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mary Sherrod

    Shorewest Realtors, Inc.

    (414) 801-2040

    1 in this area

    24 Total Sales

    Mary Sherrod
    Section Image

  • L

    Buyer's Agent in 2022

    Leslie Latterell

    Shorewest Realtors, Inc.

    (414) 708-7888

    2 in this area

    25 Total Sales

    Leslie Latterell
    Section Image
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Map

Source: Metro MLS

MLS Number: 1785412

Metro MLS

APN: 240-0388-000

Wisconsin Milwaukee County Milwaukee 53211

1503 E Olive St, Milwaukee, WI

Not Listed for Sale

Detached

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