NOT LISTED FOR SALE

714 E Wright St Unit 716 Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $309,000 - $323,275

6 Beds
3 Baths
2,256 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $240,000 $106 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,155/month

72 Days on Market

About This Home

As of July 2021

Jumbo Riverwest 3/3 Bedroom Duplex Available Now! Looking for a solid investment with great rental history to add to your portfolio? This property is appealing to both investors and owner occupants. Each unit features hardwood floors, BICC's, natural woodwork and pantries. There is a walk up attic that adds potential expansion options. All appliances are included. Each tenant pays for their own gas, heat, electric and water/sewer. Individual furnaces, water heaters and electric. Bonus off street parking for 2 cars. Separate entrances and large porches round out the package. This is a well maintained, low maintenance property waiting for the next owner. Call to see it now!

Last Agent to Sell the Property

Andrew Meurer

Milwaukee Executive Realty, LLC License #56982-90 Listed on: 02/28/2021

Last Buyer's Agent

Marcia Harrig

RE/MAX Realty Center License #70934-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,129

Year Built

  • Built in 1918

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller's/Tenant's Personal Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,129

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Ovens/Ranges(2), Refrigerators(2)
  • Directions: Humboldt Ave to Wright St., West to Address.
  • New Construction: No
  • Year Built: 1918
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 714 E Wright St #716
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2256.00

Exterior Features

  • Exclusions: Seller's/Tenant's Personal Property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: LB2 Two Family
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 5129.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Jun 28, 2021
Sold by
Vonzolper Properties Llc
Bought by
Larsen Nicholas
Seller's Agent
Andrew Meurer
Milwaukee Executive Realty, LLC
Buyer's Agent
Marcia Harrig
RE/MAX Realty Center
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$316,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,069
Avg. Annual Appreciation
6.71%
Original Mortgage
$235,653
Outstanding Balance
$213,819
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$102,250

Purchase Details

Closed on
Mar 3, 2014
Sold by
Zolper Shane H
Bought by
Vonzolper Properties Llc

Purchase Details

Closed on
Apr 29, 2004
Sold by
Olson Timothy J
Bought by
Zolper Shane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2003
Sold by
Crowley Timothy A and Crowley Doris
Bought by
Olson Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,950
Interest Rate
5.74%
Mortgage Type
Commercial
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
Larsen Nicholas $240,000 None Available
Vonzolper Properties Llc -- None Available
Zolper Shane H $270,000 Metropolitan Title Company
Olson Timothy J $80,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larsen Nicholas $235,653
Previous Owner Zolper Shane H $216,000
Previous Owner Olson Timothy J $82,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $240,000 0.0% $106 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $240,000 -- $106 / 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 $5,660 $250,700 $24,400 $226,300
2023 $5,251 $222,200 $24,400 $197,800
2022 $6,872 $222,200 $24,400 $197,800
2021 $7,573 $238,300 $24,400 $213,900
2020 $5,129 $238,300 $24,400 $213,900
2019 $3,544 $143,500 $24,900 $118,600
2018 $3,710 $143,500 $24,900 $118,600
2017 $3,621 $132,900 $24,900 $108,000
2016 $3,702 $129,200 $24,900 $104,300
2015 -- $125,200 $24,900 $100,300
2014 -- $125,200 $24,900 $100,300
2013 -- $125,200 $24,900 $100,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrew Meurer

    Milwaukee Executive Realty, LLC

    (414) 975-1133

    13 in this area

    62 Total Sales

    Andrew Meurer
    Section Image

  • M

    Buyer's Agent in 2021

    Marcia Harrig

    RE/MAX

See All Agents

Map

Source: Metro MLS

MLS Number: 1728815

Metro MLS

APN: 321-0110-000-5

Wisconsin Milwaukee County Milwaukee 53212 Riverwest

714 E Wright St Unit 716, Milwaukee, WI

This home is located at 714 E Wright St Unit 716, Milwaukee, WI 53212 since 28 February 2021 and is currently estimated at $316,069, approximately $140 per square foot. This property was built in 1918. 714 E Wright St Unit 716 is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

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