NOT LISTED FOR SALE

1518 N 116th St Milwaukee, WI 53226

Estimated Value: $720,909

-- Bed
-- Bath
-- Sq Ft
0.26 Acres

Last Sold November 02, 2015

Last sale price $375,000

Est. 92% increase in value since last sale

Current estimated payment $4,531/month

8 Days on Market

Highlights

  • Enclosed Parking
  • West High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of November 2015

Investors don't miss out on this remodeled 4 family in a great rental area. Top dollar rents with room to grow. Close to medical college. Avg $835 monthly rents. 3 of 4 units have been remodeled and updated.Individual washer and dryer hook-ups, and storage lockers in basement.1 car garage for each unit. Beautiful Yard

Last Agent to Sell the Property

Robert Kaltenbach

Realty Executives Integrity~Brookfield License #79764-94 Listed on: 09/11/2015

Last Buyer's Agent

Samuel Erickson

Erickson Real Estate Investments LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,133

Year Built

  • Built in 1958

Lot Details

  • 0.26

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Multi-Level Property
  • 0.26 Acre Lot

Community Details

  • 4 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,133

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: 116th St. between Water Town Plank Rd and North Ave.
  • New Construction: No
  • Year Built: 1958
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1518 N 116th STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.26
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Block, Full, Laundry Facilities, Walk Out/Outer Door

Exterior Features

  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Indoor Space
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • Junior High Dist: Wauwatosa

Lot Info

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

Tax Info

  • Tax Year: 2014
  • Total Taxes: 7133.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2017
Sold by
Kaur Sukhwant and Pai Guruprasad
Bought by
Kaur Sukhawant and Pai Guruprasad
Current Estimated Value
$720,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$125,734
Interest Rate
4.16%
Estimated Equity
$595,175

Purchase Details

Closed on
Oct 30, 2014
Sold by
Kalenbach Robert C and Semancik Mark F
Bought by
Kaur Sukhwant and Pai Guruprasad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.87%

Purchase Details

Closed on
Apr 18, 2006
Sold by
Dexter Thomas H and Dexter Mary A
Bought by
Kaltenbach Robert C and Semancik Mark F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
6.56%

Purchase Details

Closed on
Oct 4, 2000
Sold by
Building Exchange Company
Bought by
Dexter Thomas H and Dexter Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.96%

Purchase Details

Closed on
Sep 27, 2000
Sold by
Broderick Joyce A
Bought by
Building Exchange Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.96%
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
Kaur Sukhawant -- None Available
Kaur Sukhwant $375,000 Knight Barry Title Inc
Kaltenbach Robert C $370,000 None Available
Dexter Thomas H $300,000 --
Building Exchange Company $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaur Sukhawant $255,000
Previous Owner Kaur Sukhwant $281,250
Previous Owner Kaltenbach Robert C $291,000
Previous Owner Dexter Thomas H $240,000
Previous Owner Building Exchange Company $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2015 11/02/15 Sold $375,000 0.0% --
09/19/2015 09/19/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $375,000 -- --
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 $8,999 $400,800 $88,000 $312,800
2023 $8,549 $400,800 $88,000 $312,800
2022 $8,706 $400,800 $88,000 $312,800
2021 $8,329 $400,800 $88,000 $312,800
2020 $8,793 $400,800 $88,000 $312,800
2019 $8,945 $400,800 $88,000 $312,800
2018 $7,250 $306,000 $76,000 $230,000
2017 $7,192 $306,000 $76,000 $230,000
2016 $7,192 $306,000 $76,000 $230,000
2015 $7,114 $306,000 $76,000 $230,000
2014 $7,133 $306,000 $76,000 $230,000
2013 $7,233 $306,000 $76,000 $230,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Kaltenbach

    Realty Executives Integrity~Brookfield

  • S

    Buyer's Agent in 2015

    Samuel Erickson

    Erickson Real Estate Investments LLC

See All Agents

Map

Source: Metro MLS

MLS Number: 1442376

Metro MLS

APN: 375-0013-001

Wisconsin Milwaukee County Milwaukee 53226

1518 N 116th St, Milwaukee, WI

Not Listed for Sale

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