NOT LISTED FOR SALE

1516 W Wright St Unit 1516A Milwaukee, WI 53206

North Division Neighborhood

Estimated Value: $106,000 - $143,000

3 Beds
2 Baths
1,891 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $84,950 $45 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $829/month

94 Days on Market

About This Home

As of August 2021

Genuinely nice investment property, with good tenants.This property is now receiving secondary offers and maybe back on the market soon.

Last Agent to Sell the Property

Kirk Krempel

Golden Oaks Realty LLC License #87137-94 Listed on: 05/21/2021

Last Buyer's Agent

Kirk Krempel

Golden Oaks Realty LLC License #87137-94 Listed on: 05/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $830

Year Built

  • Built in 1890

Lot Details

  • 4,792

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,891 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • 1 to 5 Parking Spaces

Additional Features

  • 4,792 Sq Ft Lot
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: All personal property of the tenants.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$830

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: All fixtures to the property.
  • Directions: From W North Ave, head north on N 16th St. At the corner of N 16th St and W Wright St.
  • New Construction: No
  • Year Built: 1890
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1516 W Wright St #1516A
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1891.00

Exterior Features

  • Exclusions: All personal property of the tenants.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Attached
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 1 Gas Meter
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4 Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 830.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 18, 2021
Sold by
1516 W Wright St Llc
Bought by
Rondinelli Anthony
Seller's Agent
Kirk Krempel
Golden Oaks Realty LLC
Buyer's Agent
Kirk Krempel
Golden Oaks Realty LLC
List Price
$84,950
Sold Price
$84,950
Current Estimated Value
$123,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,942
Avg. Annual Appreciation
9.62%
Original Mortgage
$63,712
Outstanding Balance
$57,758
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$66,134

Purchase Details

Closed on
Feb 21, 2019
Sold by
Fernandez Jeanette
Bought by
1516 W Wright St Llc

Purchase Details

Closed on
Aug 11, 2017
Sold by
Amuse Me Llc
Bought by
Fernandez Jeanette

Purchase Details

Closed on
Aug 28, 2015
Sold by
Modified Solutions Llc
Bought by
Orange Project 076 Llc

Purchase Details

Closed on
Nov 24, 2004
Sold by
Jackson Tracy M
Bought by
Hillard Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1999
Sold by
Bell John O
Bought by
Jackson Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,250
Interest Rate
12.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rondinelli Anthony $85,000 None Available
1516 W Wright St Llc $70,000 None Available
Fernandez Jeanette $47,700 None Available
Amuse Me Llc $42,000 None Available
Orange Project 076 Llc $45,000 Attorney
Modified Solutions Llc $25,000 None Available
Hillard Michael $45,000 Advent Title Llc
Jackson Tracy M $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rondinelli Anthony $63,712
Previous Owner Hillard Michael $38,250
Previous Owner Jackson Tracy M $16,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $84,950 0.0% $45 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $84,950 -- $45 / 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 $2,079 $90,100 $3,200 $86,900
2023 $1,588 $67,200 $2,500 $64,700
2022 $1,627 $67,200 $2,500 $64,700
2021 $840 $34,600 $3,000 $31,600
2020 $830 $34,600 $3,000 $31,600
2019 $662 $24,100 $3,000 $21,100
2018 $730 $24,100 $3,000 $21,100
2017 $1,232 $23,100 $2,200 $20,900
2016 $656 $25,500 $2,200 $23,300
2015 $592 $27,400 $2,200 $25,200
2014 $1,451 $29,400 $2,200 $27,200
2013 -- $29,400 $2,200 $27,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kirk Krempel

    Golden Oaks Realty LLC

See All Agents

Map

Source: Metro MLS

MLS Number: 1741744

Metro MLS

APN: 324-9986-000-4

Wisconsin Milwaukee County Milwaukee 53206 North Division

1516 W Wright St Unit 1516A, Milwaukee, WI

This home is located at 1516 W Wright St Unit 1516A, Milwaukee, WI 53206 since 21 May 2021 and is currently estimated at $123,892, approximately $65 per square foot. This property was built in 1890. 1516 W Wright St Unit 1516A is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

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