NOT LISTED FOR SALE

701 E Wright St Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $256,000 - $326,000

5 Beds
2 Baths
1,755 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $217,000 $124 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,973/month

16 Days on Market

About This Home

As of August 2021

A very charming and quaint 3/2 duplex in a prime Riverwest location. Lower unit is a spacious 3 bedroom unit. Upper unit has 2 bedrooms and a loft. Located 1 block from Reservoir park and easy access to the Oak Leaf Trail.

Last Agent to Sell the Property

Josiah Penniman

Harris State Wide, Inc License #89540-94 Listed on: 07/22/2021

Last Buyer's Agent

Julie Olson

Keller Williams Realty-Milwaukee North Shore License #82763-94

Keller Williams Realty-Milwaukee North Shore

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,263

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,755 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Owner and tenants personal property.
  • Tenant pays for electricity, heat, sewer, water, gas
  • Assessor Parcel Number 3210422000

Property Details

Property Type

Other

Est. Annual Taxes

$5,263

Lot Details

0

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.09
  • Inclusions: unit 1:stove, refrigerator unit 2: stove refrigerator Other: Washer, dryer, furnace, water heater
  • Directions: North Ave to Humboldt Ave, two blocks north to Wright St, then 4 blocks west to property. (SE corner of Wright and Pierce) 7E 24N
  • Property Information:Est Total Sq Ft: 1755
  • Special Features: None

Interior Features

  • Owner Pays: None
  • Has Basement: Full

Exterior Features

  • Exclusions: Owner and tenants personal property.
  • Construction Type: Vinyl
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Garage Type: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 3210422000

Rental Info

  • Tenant Pays: Electricity, Heat, Sewer, Water, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5263.23
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 31, 2021
Sold by
Penniman Josiah
Bought by
Peter Alexander
Seller's Agent
Josiah Penniman
Harris State Wide, Inc
Buyer's Agent
Julie Olson
Keller Williams Realty-Milwaukee North Shore
List Price
$217,000
Sold Price
$217,000
Current Estimated Value
$291,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,274
Avg. Annual Appreciation
7.05%
Original Mortgage
$206,150
Outstanding Balance
$186,471
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$104,803

Purchase Details

Closed on
Mar 16, 2016
Sold by
Seegers Eric and Stone Geoffrey
Bought by
Penniman Josiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2008
Sold by
Priem Candice L
Bought by
Seegers Eric and Stone Geoffrey

Purchase Details

Closed on
May 29, 2002
Sold by
Morscher Alfred P
Bought by
Priem Candice L
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
Peter Alexander $217,000 1St Service Title
Penniman Josiah $148,000 None Available
Seegers Eric $76,000 None Available
Priem Candice L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peter Alexander $206,150
Previous Owner Penniman Josiah $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $217,000 0.0% $124 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $217,000 -- $124 / 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 $5,358 $237,500 $27,000 $210,500
2023 $4,806 $203,400 $27,000 $176,400
2022 $4,770 $203,400 $27,000 $176,400
2021 $5,290 $204,000 $27,000 $177,000
2020 $5,263 $204,000 $27,000 $177,000
2019 $4,095 $144,900 $27,200 $117,700
2018 $3,682 $144,900 $27,200 $117,700
2017 $3,590 $134,200 $27,200 $107,000
2016 $3,047 $108,800 $27,200 $81,600
2015 $2,781 $97,500 $27,200 $70,300
2014 $2,842 $97,500 $27,200 $70,300
2013 -- $97,500 $27,200 $70,300
Source: Public Records

Agents Affiliated with this Home

  • Josiah Penniman

    Seller's Agent in 2021

    Josiah Penniman

    Harris State Wide, Inc

    (414) 208-1941

    2 in this area

    5 Total Sales

    Josiah Penniman
    Section Image

  • J

    Buyer's Agent in 2021

    Julie Olson

    Keller Williams Realty-Milwaukee North Shore

    (414) 975-6762

    2 in this area

    133 Total Sales

    Julie Olson
    Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1753900

Metro MLS

APN: 321-0422-000-1

Wisconsin Milwaukee County Milwaukee 53212 Riverwest

701 E Wright St, Milwaukee, WI

Not Listed for Sale

Other

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