NOT LISTED FOR SALE

818 E Wright St Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $241,000 - $367,000

4 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold May 15, 2013

Last sale price $70,000

Est. 355% increase in value since last sale

Current estimated payment $2,106/month

42 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • Wood Siding
  • Walnut Grove Elementary School Rated A

About This Home

As of May 2013

Bank owned triplex in the heart of Riverwest. Building has newer and off street parking. Some TLC is needed to but this would make a nice investment property. Two one bedroom units and a three bedroom upper. Lower units share electrical and heat. Investor financing available to approved terms and conditions.

Last Agent to Sell the Property

John Newland

TerraNova Real Estate License #55028-90 Listed on: 03/11/2013

Last Buyer's Agent

Sandy Ertel

RE/MAX Lakeside-North License #18634-90

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Seller Concessions Not Offered

Property Details

Home Type

Apartment

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Humboldt Ave to Wright St, west to property.
  • New Construction: No
  • Year Built: 1890
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 818 E Wright STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.06
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Full

Exterior Features

  • Exterior Building Type: Apartment Building
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2012
  • Total Taxes: 2615.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2018
Sold by
Bengana Chafik and Bengana Odlie
Bought by
East Wright Llc
Current Estimated Value
$318,695

Purchase Details

Closed on
Nov 7, 2017
Sold by
Hutchens Shawn
Bought by
Bengana Chafik and Bengana Odile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2013
Closed on
May 15, 2013
Sold by
Waterstone Bank Ssb
Bought by
Hutchens Shawn
Seller's Agent
John Newland
TerraNova Real Estate
Buyer's Agent
Sandy Ertel
RE/MAX Lakeside-North
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$348,500
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2011
Sold by
Bando Santino L
Bought by
Waterstone Bank Ssb

Purchase Details

Closed on
Jan 17, 2006
Sold by
Andrade Derrick B and Andrade Constance T
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
$128,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2006
Sold by
Olson Timothy J
Bought by
Bando Santino L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2001
Sold by
Andrade Derrick B and Andrade Constance T
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
$57,000
Interest Rate
6.92%
Mortgage Type
Seller Take Back
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
East Wright Llc -- None Available
Bengana Chafik $185,000 None Available
Hutchens Shawn $410,000 None Available
Waterstone Bank Ssb -- None Available
Olson Timothy J -- None Available
Bando Santino L $140,000 None Available
Olson Timothy J $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bengana Chafik $138,750
Previous Owner Hutchens Shawn $348,500
Previous Owner Bando Santino L $128,000
Previous Owner Olson Timothy J $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2013 05/15/13 Sold $70,000 0.0% --
04/22/2013 04/22/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $70,000 -- --
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 $5,229 $227,100 $19,000 $208,100
2023 $4,769 $201,800 $19,000 $182,800
2022 $4,843 $201,800 $19,000 $182,800
2021 $6,710 $254,100 $19,000 $235,100
2020 $6,676 $254,100 $19,000 $235,100
2019 $4,513 $164,600 $20,100 $144,500
2018 $4,258 $164,600 $20,100 $144,500
2017 $3,399 $124,800 $20,100 $104,700
2016 $4,545 $121,300 $20,100 $101,200
2015 $4,343 $90,000 $20,100 $69,900
2014 $3,855 $90,000 $20,100 $69,900
2013 -- $90,000 $20,100 $69,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Newland

    TerraNova Real Estate

    (414) 852-0921

    1 in this area

    530 Total Sales

    John Newland
    Section Image

  • S

    Buyer's Agent in 2013

    Sandy Ertel

    RE/MAX

See All Agents

Map

Source: Metro MLS

MLS Number: 1298014

Metro MLS

APN: 321-0003-000-3

Wisconsin Milwaukee County Milwaukee 53212 Riverwest

818 E Wright St, Milwaukee, WI

Not Listed for Sale

MultiFamily

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