NOT LISTED FOR SALE

1516 E Olive St Milwaukee, WI 53211

Estimated Value: $454,519 - $508,000

3 Beds
2 Baths
1,650 Sq Ft
$291/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $430,000 $261 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,826/month

Highlights

  • Main Floor Bedroom
  • Fenced Yard
  • Bathtub with Shower
  • Lake Bluff Elementary School Rated A+
  • 1 Car Detached Garage
  • Patio

About This Home

As of April 2024

Amazing location in Shorewood! Walk to all the shops and cafes of Oakland ave. 3 bedrooms PLUS den in a great floorplan with a full bath on each floor. Primary bedroom upstairs has a sunny den/office adjacent, a large walk in closet and updated full bath ensuite. Sunny landing area with full wall of closets makes a great flex or play room. Main level has two bedrooms, full bath with charming original 1920's penny tile floors and a spacious living room w/ brick decorative fireplace and built-ins. Formal dining room boasts built in cabinetry as well, and hardwood floors throughout main level. New roof 2017, new furnace and water heater 2020. Fully privacy fenced backyard with brick patio to enjoy all summer. Classic Shorewood Bungalow under 400k. See private remarks.

Last Agent to Sell the Property

Sophia Barry

Berkshire Hathaway HomeServices Sophia Barry Realty Group License #59608-90 Listed on: 03/15/2024

Last Buyer's Agent

Susan Drone

Shorewest Realtors, Inc. License #93625-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,658

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Aluminum Trim

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Patio

Schools

  • Shorewood Middle School
  • Shorewood High School

Utilities

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

Listing and Financial Details

  • Exclusions: Seller's personal property

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,658

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: washer, dryer, fridge, stove/range, free standing closet in bedroom, armoire in bedroom, dishwasher
  • Directions: Capitol Drive to Larkin, north on Larkin to Olive, west on Olive to home.
  • New Construction: No
  • Year Built: 1925
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Below Grade Sq Ft: 825
  • Full Street Address: 1516 E Olive STREET
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.09
  • Municipality Type: Village
  • Other Rm1 Level: Upper
  • Other Rm1 Name: Bonus Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: Block, Full, Sump Pump
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Ceramic Tile, Master Bedroom Bath, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Den Office Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 23
  • Second Floor Total Sq Ft: 1650.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior Features: Patio, Fenced Yard
  • Exterior Building Type: 2 Story
  • Exterior: Aluminum/Steel, Aluminum, Aluminum Trim

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space

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: 2023
  • Total Taxes: 7658.15

MLS Schools

  • Middle School: Shorewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 5, 2024
Sold by
Bowman Richard
Bought by
Kim Kamei Elizabeth and Thal Matthew
Seller's Agent
Sophia Barry
Berkshire Hathaway HomeServices Sophia Barry Realty Group
Buyer's Agent
Susan Drone
Shorewest Realtors, Inc.
List Price
$389,500
Sold Price
$430,000
Premium/Discount to List
$40,500
10.4%
Views
23
Current Estimated Value
$480,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,880
Avg. Annual Appreciation
6.60%
Original Mortgage
$344,000
Outstanding Balance
$341,641
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$139,239

Purchase Details

Closed on
May 28, 2021
Sold by
Bowman Richard
Bought by
B I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2020
Sold by
Bowman Russell and Bowman Barbara
Bought by
Bowman Richard

Purchase Details

Closed on
Dec 18, 2011
Sold by
Groth Travis W and Onela Sysamone
Bought by
Bowman Russell E and Bowman Barbara B

Purchase Details

Closed on
Oct 18, 2007
Sold by
Mccafferty Michael P and Pagenkopf Lauren J
Bought by
Groth Travis W and Onela Sysamone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1996
Sold by
Bishop Lydia A
Bought by
Mccafferty Michael P and Pagenkopf Lauren J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
8.33%
Mortgage Type
Purchase Money Mortgage
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 Kamei Elizabeth $430,000 Merit Title
B I Llc -- None Available
Bowman Richard $276,600 None Available
Bowman Russell E $199,500 None Available
Groth Travis W $242,000 None Available
Mccafferty Michael P $129,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Kamei Elizabeth $344,000
Previous Owner B I Llc $120,000
Previous Owner Groth Travis W $242,000
Previous Owner Mccafferty Michael P $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $430,000 +10.4% $261 / Sq Ft
03/27/2024 03/27/24 For Sale $389,500 -- $236 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
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 $3,768 $344,200 $69,400 $274,800
2023 -- $337,500 $62,700 $274,800
2022 -- $294,900 $62,700 $232,200
2021 $7,266 $294,900 $232,200 $62,700
2020 $7,491 $276,600 $62,700 $213,900
2019 $7,401 $276,600 $62,700 $213,900
2018 $7,555 $260,900 $62,700 $198,200
2017 $6,825 $260,900 $62,700 $198,200
2016 $6,825 $245,500 $62,700 $182,800
2015 $6,459 $236,200 $62,700 $173,500
2014 $6,320 $233,100 $62,700 $170,400
2013 $5,800 $233,100 $62,700 $170,400
Source: Public Records

Agents Affiliated with this Home

  • Sophia Barry

    Seller's Agent in 2024

    Sophia Barry

    Berkshire Hathaway HomeServices Sophia Barry Realty Group

    (262) 354-4006

    3 in this area

    91 Total Sales

    Sophia Barry
    Section Image

  • S

    Buyer's Agent in 2024

    Susan Drone

    Shorewest Realtors, Inc.

See All Agents

Map

Source: Metro MLS

MLS Number: 1867851

Metro MLS

APN: 240-0339-000

Wisconsin Milwaukee County Milwaukee 53211

1516 E Olive St, Milwaukee, WI

Not Listed for Sale

Detached

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