NOT LISTED FOR SALE

1600 E Olive St Unit 2 Milwaukee, WI 53211

Estimated Value: $527,000 - $656,000

6 Beds
2 Baths
2,700 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $430,000 $159 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,522/month

7 Days on Market

Highlights

  • 3 Car Detached Garage
  • Bathroom on Main Level
  • Wood Siding
  • Lake Bluff Elementary School Rated A+

About This Home

As of May 2021

Charming Shorewood brick townhouse loaded with character, original woodwork, and leaded glass is on the market for the first time in 25 years. 3 bedrooms, full bath, BICCs, crown molding, beautiful wood floors, natural fire places, picture rails, and separate full (super clean) basements with half baths on both sides. Close to shopping, schools, and all that Shorewood has to offer. Three car garage with additional parking on the driveway, mature landscaping. Perfect for owner occupied or investor! Immediate occupancy on both sides.

Last Agent to Sell the Property

Tanya V.K. Ruck

Mid-Coast MKE Realty License #59208-90 Listed on: 04/04/2021

Last Buyer's Agent

Susan Popalisky

Coldwell Banker Realty License #41727-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,602

Year Built

  • Built in 1922

Lot Details

  • 5,663

Parking

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

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Bathroom on Main Level
  • 2,700 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Shorewood Middle School
  • Shorewood High School

Additional Features

  • 5,663 Sq Ft Lot
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: washer and dryer, rhubarb plant on west side, peonies on south side, bridal wreath plant, seller's personal property, staging items

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,602

Year Built

Built in 1922

Lot Details

5,663 Sq Ft Lot

Parking

3

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 refrigerators, 2 stoves, window treatments, 2 dishwashers
  • Directions: Capitol Drive, left on Wilson, right on Olive
  • New Construction: No
  • Year Built: 1922
  • Cleared Acreage: Less than 1/2
  • Architecture: Townhouse
  • Full Street Address: 1600 E Olive St
  • Lot Acreage: 0.13
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Bathroom Description: Half on Lower
  • Second Floor Total Sq Ft: 2700.00

Exterior Features

  • Exclusions: washer and dryer, rhubarb plant on west side, peonies on south side, bridal wreath plant, seller's personal property, staging items
  • Exterior: Brick/Stone, Brick, Partial-Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 3 Car
  • Garage Spaces: 3.0
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • High School: Shorewood
  • Junior High Dist: Shorewood

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 9602.17

MLS Schools

  • Middle School: Shorewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2021
Closed on
May 17, 2021
Sold by
Hoelscher David R and Hoelscher Meng Chyau
Bought by
Watzka Amy and Watzka Justin
Seller's Agent
Tanya V.K. Ruck
Mid-Coast MKE Realty
Buyer's Agent
Susan Popalisky
Coldwell Banker Realty
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$593,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,195
Avg. Annual Appreciation
6.90%
Original Mortgage
$344,000
Outstanding Balance
$310,770
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$282,425

Purchase Details

Closed on
Mar 4, 1996
Sold by
Stenzel Edwin W and Stenzel Jeanne M
Bought by
Hoelscher David R and Hoelscher Meng Chyau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,600
Interest Rate
6.98%
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
Watzka Amy $430,000 None Available
Hoelscher David R $174,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watzka Amy $344,000
Previous Owner Hoelscher David R $139,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $430,000 0.0% $159 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $430,000 -- $159 / Sq Ft
Source: Metro MLS

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 $5,220 $483,800 $95,900 $387,900
2023 -- $453,700 $78,000 $375,700
2022 -- $383,200 $78,000 $305,200
2021 $9,471 $383,200 $305,200 $78,000
2020 $9,602 $348,800 $78,000 $270,800
2019 $9,359 $348,800 $78,000 $270,800
2018 $10,006 $332,500 $78,000 $254,500
2017 $9,355 $332,500 $78,000 $254,500
2016 $9,355 $332,500 $78,000 $254,500
2015 $8,955 $325,000 $78,000 $247,000
2014 $9,401 $354,900 $78,000 $276,900
2013 $9,108 $354,900 $78,000 $276,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tanya V.K. Ruck

    Mid-Coast MKE Realty

  • S

    Buyer's Agent in 2021

    Susan Popalisky

    Coldwell Banker Realty

See All Agents

Map

Source: Metro MLS

MLS Number: 1733685

Metro MLS

APN: 240-0177-000

Wisconsin Milwaukee County Milwaukee 53211

1600 E Olive St Unit 2, Milwaukee, WI

Not Listed for Sale

MultiFamily

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