NOT LISTED FOR SALE

5242 W Rita Dr Milwaukee, WI 53219

East Allis Neighborhood

Estimated Value: $337,938 - $348,000

4 Beds
2 Baths
1,869 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $167,000 $89 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,157/month

48 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Bathtub with Shower
  • Forced Air Heating and Cooling System

About This Home

As of March 2018

This Arts and Crafts Brick Bungalow is located right on the parkway. Bright Sun Room with wall of windows, tray ceilings and hardwood floors. The Living Room offers gas fireplace with stone surround, hardwood floors and barrel ceilings. Dining Room with built-in leaded glass china cabinets and more ornate plasterwork. Cook's Kitchen is sure to please. Updated Master Bath and two generous size bedrooms round out the main level. Upper Level features two more generous sized bedrooms and additional unfinished attic space for future additions. Lower Level Rec Room adds even more space.

Last Agent to Sell the Property

Nikolic Group*

Keller Williams-MNS Wauwatosa License #55888-90 Listed on: 10/10/2017

Last Buyer's Agent

Houseworks Collective Team*

Keller Williams Realty-Milwaukee North Shore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,869 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Utilities

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

Listing and Financial Details

  • Seller Concessions Offered

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Range, Refrigerator
  • Directions: South 60th Street To Rita. East On Rita To Address
  • New Construction: No
  • Year Built: 1929
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 5242 W Rita DRIVE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Other Rm1 Name: Sun/Four Season Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Range, Refrigerator
  • Has Basement: Full
  • Interior Amenities: Cable/Satellite Available, Expandable Attic, Pantry
  • Bathroom Description: Ceramic Tile, Shower Over Tub
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 1869.00

Exterior Features

  • Exterior Building Type: 1.5 Story
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 2 Car
  • Garage Spaces: 2.5

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: West Allis

Lot Info

  • Zoning: Res
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2016
  • Total Taxes: 4412.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2022
Sold by
Schram Kyle M and Schram Katye R
Bought by
Terhark Sally and Terhark Britton
Current Estimated Value
$343,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$128,682
Interest Rate
4.85%
Mortgage Type
New Conventional
Estimated Equity
$214,803

Purchase Details

Listed on
Oct 10, 2017
Closed on
Mar 9, 2018
Sold by
Schowengerdt Andrea
Bought by
Schram Kyle M and Schram Katye R
Seller's Agent
Nikolic Group*
Keller Williams-MNS Wauwatosa
Buyer's Agent
Houseworks Collective Team*
Keller Williams Realty-Milwaukee North Shore
List Price
$167,000
Sold Price
$167,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$163,975
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2004
Sold by
Brees David R and Brees Carla J
Bought by
Peot Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.75%
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
Terhark Sally $275,000 None Listed On Document
Schram Kyle M $167,000 None Available
Peot Linda S $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terhark Sally $150,000
Previous Owner Schram Kyle M $163,975
Previous Owner Peot Linda S $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2018 03/09/18 Sold $167,000 0.0% $89 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $167,000 -- $89 / 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 $4,197 $218,400 $28,300 $190,100
2023 $4,292 $161,500 $22,700 $138,800
2022 $4,320 $161,500 $22,700 $138,800
2021 $4,379 $161,500 $22,700 $138,800
2020 $4,673 $161,500 $22,700 $138,800
2019 $4,408 $161,500 $22,700 $138,800
2018 $4,210 $161,500 $22,700 $138,800
2017 $4,361 $161,500 $22,700 $138,800
2016 $4,224 $161,500 $22,700 $138,800
2015 $4,223 $161,500 $22,700 $138,800
2014 $4,215 $161,500 $22,700 $138,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nikolic Group*

    Keller Williams-MNS Wauwatosa

  • H

    Buyer's Agent in 2018

    Houseworks Collective Team*

    Keller Williams Realty-Milwaukee North Shore

See All Agents

Map

Source: Metro MLS

MLS Number: 1554215

Metro MLS

APN: 491-0262-000

Wisconsin Milwaukee County Milwaukee 53219 East Allis

5242 W Rita Dr, Milwaukee, WI

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