NOT LISTED FOR SALE

5240 Elmwood Rd Colgate, WI 53017

Estimated Value: $423,000 - $615,000

4 Beds
1.5 Baths
2,185 Sq Ft
$232/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • Kitchen Island
  • Friess Lake Elementary Rated 10

About This Home

Incredible opportunity to own this spacious farmhouse and a pole barn on 1.5 acres with beautiful views of the surrounding countryside, wildlife & Holy Hill steeple in the desirable Village of Richfield. The sun filled family room leads to the kitchen. A quartz kitchen island with seating is the perfect gathering place in the updated kitchen w/ maple cabinets & pantry. Entertain guests with ease in the adjacent formal dining room featuring a built in china cabinet. Upstairs are four generously sized bedrooms and a walk up attic. Original woodwork and maple floors maintain the character of the Four Square architecture. Many updates include newer septic system, rebuilt chimney, new windows & appliances. Outdoors is a garden w/ raspberries, pear, apple & peach trees, a shed & large pole barn!

Last Agent to Sell the Property

Lifetime Realty Group*

Keller Williams Realty-Milwaukee Southwest License #73160-94 Listed on: 03/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,369

Year Built

  • Built in 1918

Lot Details

  • 1.5

Home Design

  • Farmhouse Style Home
  • Poured Concrete

Interior Spaces

  • 2,185 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Ceilings are 8 Feet High

Schools

  • Richfield Elementary School
  • Hartford High School

Additional Features

  • 1.5 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number V10 076800B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,369

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 1.5
  • Directions: From WI-164, West on Elmwood Rd, home is on the right
  • Architectural Style: Farm House
  • Unit Levels: 2 Story
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven, Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer
  • Has Basement: Full, Poured Concrete, 8+ Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Pantry, Cable TV Available, Wood or Sim Wood Floors, Kitchen Island

Schools

  • Elementary School: Richfield
  • High School: Hartford

Lot Info

  • Parcel #: V10 076800B
  • Zoning Description: Residential
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2369
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Apr 11, 2023
Sold by
Wakefield Paul E and Wakefield Robin L
Bought by
Falk Craig and Falk Jodie
Seller's Agent
Lifetime Realty Group*
Keller Williams Realty-Milwaukee Southwest
List Price
$375,000
Views
290
Current Estimated Value
$507,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$289,500
Outstanding Balance
$281,454
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,372

Purchase Details

Closed on
Dec 18, 2014
Sold by
Schaeffer James G and Schaeffer Jeanne M, A
Bought by
Wakefield Paul E and Wakefield Robin L
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
Falk Craig $381,000 Multiple
Wakefield Paul E $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falk Craig $289,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2023 04/23/23 Off Market $375,000 -- --
03/02/2023 03/02/23 For Sale $375,000 -- $172 / 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 $2,611 $256,600 $90,000 $166,600
2023 $2,326 $244,200 $90,000 $154,200
2022 $2,343 $244,200 $90,000 $154,200
2021 $2,368 $244,200 $90,000 $154,200
2020 $2,832 $244,200 $87,000 $157,200
2019 $2,748 $244,200 $87,000 $157,200
2018 $2,911 $244,200 $87,000 $157,200
2017 $2,946 $244,200 $87,000 $157,200
2016 $3,205 $249,800 $87,000 $162,800
2015 $3,256 $249,800 $87,000 $162,800
2014 $3,256 $249,800 $87,000 $162,800
2013 $3,459 $249,800 $87,000 $162,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lifetime Realty Group*

    Keller Williams Realty-Milwaukee Southwest

See All Agents

Map

Source: Metro MLS

MLS Number: 1826125

Metro MLS

APN: V10-076800B

Wisconsin Washington County Colgate 53017

5240 Elmwood Rd, Colgate, WI

This home is located at 5240 Elmwood Rd, Colgate, WI 53017 since 02 March 2023 and is currently estimated at $507,826, approximately $232 per square foot. This property was built in 1918. 5240 Elmwood Rd is a home located in Washington County with nearby schools including Friess Lake Elementary, Hartford High School, and St. Augustine School.

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