2506 N 116th St Milwaukee, WI 53226
3
Beds
1.5
Baths
1,834
Sq Ft
5,227
Sq Ft Lot
Highlights
- Property is near public transit
- 1.5 Car Detached Garage
- Forced Air Heating and Cooling System
- Ranch Style House
- Patio
- Gas Fireplace
About This Home
As of July 2025Charming, Meticulously Maintained Ranch in a Prime Location! Welcome home to this adorable and lovingly cared-for ranch nestled on a quiet, wooded street in a picturesque, tree-lined neighborhood. Featuring beautiful hardwood floors throughout, this home offers a warm and welcoming atmosphere from the moment you step inside. Perfectly situated just minutes from local schools and the renowned Froedtert & Medical College of Wisconsin, this home combines convenience with comfort. The partially finished basement is full of potentialideal for a future family room, home office, or creative space tailored to your unique vision. Don't miss your chance to own this move-in-ready gem in one of the area's most desirable locations. Schedule your showing today!
Last Agent to Sell the Property
Grow With Us Realty License #79868-94 Listed on: 05/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,550
Parking
- 1.5 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Gas Fireplace
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Patio
- 5,227 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 3360345000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2025
Closed on
Jun 24, 2025
Sold by
Rzepny James W and Rzepny Madeline J
Bought by
Newman Marrell and Newman Kimberly
Seller's Agent
Diane Richmond
Grow With Us Realty
Buyer's Agent
Nicholas Deutsch
Buyers Vantage
List Price
$319,900
Sold Price
$340,000
Premium/Discount to List
$20,100
6.28%
Views
109
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.78%
Original Mortgage
$337,050
Outstanding Balance
$336,768
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
-$16,516
Purchase Details
Closed on
Dec 6, 2021
Sold by
Rzepny James W and Rzepny Madeline J
Bought by
Rzepny James W and Rzepny Madeline J
Purchase Details
Closed on
Jul 27, 2006
Sold by
Schwarz Carl and Schwarz Edward
Bought by
Rzepny James W and Rzepny Madeline J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.7%
Purchase Details
Closed on
Feb 18, 1997
Sold by
Schwarz Fritz N and Schwarz Carl
Bought by
Schwarz Edward and Schwarz Carl
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | $180,000 | None Available | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $337,050 | VA | |
| Previous Owner | $0 | No Value Available | |
| Previous Owner | $5,000 | No Value Available | |
| Previous Owner | $146,600 | No Value Available | |
| Previous Owner | $25,000 | No Value Available | |
| Previous Owner | $117,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $340,000 | +6.3% | $185 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $319,900 | -- | $174 / Sq Ft |
Source: Metro MLS
Tax History Compared to Growth
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 | $3,550 | $168,300 | $49,600 | $118,700 |
| 2023 | $3,319 | $168,300 | $49,600 | $118,700 |
| 2022 | $3,416 | $168,300 | $49,600 | $118,700 |
| 2021 | $3,237 | $168,300 | $49,600 | $118,700 |
| 2020 | $3,498 | $168,300 | $49,600 | $118,700 |
| 2019 | $3,521 | $168,300 | $49,600 | $118,700 |
| 2018 | $4,488 | $177,100 | $50,900 | $126,200 |
| 2017 | $4,030 | $177,100 | $50,900 | $126,200 |
| 2016 | $4,030 | $177,100 | $50,900 | $126,200 |
| 2015 | $3,990 | $177,100 | $50,900 | $126,200 |
| 2014 | $3,995 | $177,100 | $50,900 | $126,200 |
| 2013 | $4,042 | $177,100 | $50,900 | $126,200 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Richmond
D
Seller's Agent in 2025
Diane Richmond
Grow With Us Realty
(262) 515-6673
1 in this area
28 Total Sales
-
Nicholas Deutsch
N
Buyer's Agent in 2025
Nicholas Deutsch
Buyers Vantage
(262) 853-5337
4 in this area
92 Total Sales
Map
Source: Metro MLS
MLS Number: 1918879
APN: 336-0345-000
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