NOT LISTED FOR SALE

1516 W Wright St Milwaukee, WI 53206

North Division Neighborhood

Estimated Value: $101,000 - $125,318

3 Beds
2 Baths
1,891 Sq Ft
$61/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $69,999 $37 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $783/month

6 Days on Market

About This Home

As of February 2019

Great condition investment property! $1,620 in monthly rents and many updates throughout. Newer Windows , Roof and a New Water Heater. Great tenants, low maintenance and amazing cash flow make this Duplex stand out above the rest.

Last Agent to Sell the Property

Michael Henry

VERA Residential Real Estate LLC License #56929-90 Listed on: 01/26/2019

Last Buyer's Agent

Michael Henry

VERA Residential Real Estate LLC License #56929-90 Listed on: 01/26/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $557

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts an alley

Parking

  • 4 Car Detached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,891 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant's and Seller's personal property
  • Tenant pays for electricity
  • The owner pays for water, gas
  • Assessor Parcel Number 3249986000

Property Details

Property Type

Other

Est. Annual Taxes

$557

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.11
  • Inclusions: 2 Oven/Ranges, 2 Refrigerators
  • Contingent: 2019-01-31
  • Directions: From W North Ave, head north on N 16th St. At the corner of N 16th St and W Wright St.
  • Property Information:Est Total Sq Ft: 1891
  • Special Features: None

Interior Features

  • Owner Pays: Water, Gas
  • Has Basement: Full, Brick
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exclusions: Tenant's and Seller's personal property
  • Construction Type: Vinyl
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Parking Features: Parking Space, Alley Entrance, Paved Driveway
  • Garage Type: Detached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 3249986000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 556.52
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
1516 W Wright St Llc
Bought by
Rondinelli Anthony
Current Estimated Value
$115,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,712
Outstanding Balance
$58,015
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$53,031

Purchase Details

Listed on
Jan 26, 2019
Closed on
Feb 21, 2019
Sold by
Fernandez Jeanette
Bought by
1516 W Wright St Llc
Seller's Agent
Michael Henry
VERA Residential Real Estate LLC
Buyer's Agent
Michael Henry
VERA Residential Real Estate LLC
List Price
$69,999
Sold Price
$69,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

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
02/22/2019 02/22/19 Sold $69,999 0.0% $37 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
01/26/2019 01/26/19 For Sale $69,999 -- $37 / 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

  • M

    Seller's Agent in 2019

    Michael Henry

    VERA Residential Real Estate LLC

    (414) 617-1740

    39 Total Sales

    Michael Henry
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Map

Source: Metro MLS

MLS Number: 1620929

Metro MLS

APN: 324-9986-000-4

Wisconsin Milwaukee County Milwaukee 53206 North Division

1516 W Wright St, Milwaukee, WI

This home is located at 1516 W Wright St, Milwaukee, WI 53206 since 26 January 2019 and is currently estimated at $115,080, approximately $60 per square foot. 1516 W Wright St 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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