NOT LISTED FOR SALE

8242 S Preserve Way Franklin, WI 53132

Estimated Value: $597,885 - $654,000

5 Beds
3.5 Baths
2,766 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $490,000 $177 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,673/month

4 Days on Market

Highlights

  • Whirlpool Bathtub
  • 3 Car Attached Garage
  • Patio
  • Robinwood Elementary School Rated A
  • Walk-In Closet
  • Bathroom on Main Level

About This Home

As of August 2021

This 5 BR, 3.5 BA & 3 car garage home has so much to offer! Open concept floor plan has a large Fam Rm complete w/gas FP & overlooks beautiful KIT w/center mobile island,tiled backsplash & granite counters. Dinette area has sliding glass doors that open to the brick paver patio, gorgeous sitting area, artistically landscaped yard complete w/raised garden beds, trellis & playset. Liv Rm & front entry have new HWF's. Convenient 1st floor laundry. The 2nd floor includes new carpet thru out, a fabulous master suite w/WIC & private BA w/jetted soaking tub & shower stall, 3 additional BR's & a full BA..LL offers a 5th BR, full BA, kitchenette & large rec rm.Plenty of room for remote work. Perfect location! Steps away from walking trails. Close to high school & other amenities.Smart home ready.

Last Agent to Sell the Property

Colleen Tarantino

Redefined Realty Advisors LLC License #52649-90 Listed on: 06/10/2021

Last Buyer's Agent

Manwinder Bhagat

Shorewest Realtors, Inc. License #83668-94

Shorewest Realtors, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,834

Year Built

  • Built in 2006

Lot Details

  • 10,019

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,766 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Windows

Schools

  • Forest Park Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Patio
  • 10,019 Sq Ft Lot

Community Details

  • River Park Subdivision

Listing and Financial Details

  • Exclusions: All Fabric Curtains, LL Speakers & Projector, Washer, Dryer, All TV Mounts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,834

Year Built

Built in 2006

Lot Details

0

HOA Fees

$20 per month

Parking

3

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Dishwasher, Disposal, Microwave, Oven/Range, Refrigertor, Kitchen Island, Playset, Raised Garden Beds, 1 EDO Garage Remote
  • Directions: I-94 to Rawson Avenue; West to 51st Street, South on 51st. Pass Drexel Avenue, turn West onto S. Preserve Way. House on left.
  • New Construction: No
  • Year Built: 2006
  • Cleared Acreage: Less than 1/2
  • Architecture: Contemporary
  • Full Street Address: 8242 S Preserve Way
  • Type 5 Heat Fuel: Natural Gas
  • HOAFeeYearly: 245.0
  • Kitchen Level: Main
  • Lot Acreage: 0.23
  • Municipality Type: City
  • Other Rm1 Level: Lower
  • Other Rm1 Name: Other Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Range, Refrigerator, Microwave, Disposal
  • Has Basement: Finished, Full, Sump Pump, Full Size Windows
  • Interior Amenities: Cable/Satellite Available, Wood or Sim.Wood Floors, Walk-in closet(s), Pantry, High Speed Internet
  • Bathroom Description: Shower on Lower, Tub Only, Master Bedroom Bath, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath: Tub/No Shower, Whirlpool
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Room Bedroom5 Level: Lower
  • Family Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 14
  • Second Floor Total Sq Ft: 2766.00

Exterior Features

  • Exclusions: All Fabric Curtains, LL Speakers & Projector, Washer, Dryer, All TV Mounts
  • Exterior Features: Patio
  • Exterior Building Type: 2 Story
  • Exterior: Stone, Brick/Stone, Wood, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Attached, 3 Car
  • Garage Spaces: 3.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown

Schools

  • School District: Franklin Public
  • Middle School: Forest Park
  • High School: Franklin
  • High School: Franklin
  • Junior High Dist: Franklin Public

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 7833.7

MLS Schools

  • Middle School: Forest Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 21, 2021
Sold by
Kottapalli Visweswara and Maradapudi Jaya Sudha
Bought by
Patel Sanatkumar P and Patel Sainikkumar
Seller's Agent
Colleen Tarantino
Redefined Realty Advisors LLC
Buyer's Agent
Manwinder Bhagat
Shorewest Realtors, Inc.
List Price
$490,000
Sold Price
$490,000
Current Estimated Value
$623,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,721
Avg. Annual Appreciation
5.96%
Original Mortgage
$392,000
Outstanding Balance
$355,132
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$268,589

Purchase Details

Closed on
Dec 29, 2006
Sold by
William Ryan Homes Wisconsin Inc
Bought by
Sudha Kottapalli Visweswara and Sudha Maradapudi Jaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.24%
Source: Public Records

Range of Values:

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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
Patel Sanatkumar P $490,000 Members Title Group
Sudha Kottapalli Visweswara $257,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sanatkumar P $392,000
Previous Owner Sudha Kottapalli Visweswara $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $490,000 0.0% $177 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $490,000 -- $177 / 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 $3,998 -- -- --
2023 $8,486 $535,600 $84,200 $451,400
2022 $8,464 $403,200 $84,200 $319,000
2021 $7,574 $378,600 $78,300 $300,300
2020 $7,834 $0 $0 $0
2019 $8,349 $346,500 $78,300 $268,200
2018 $7,293 $0 $0 $0
2017 $8,369 $330,000 $78,300 $251,700
2015 -- $270,900 $72,400 $198,500
2013 -- $261,400 $72,400 $189,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Colleen Tarantino

    Redefined Realty Advisors LLC

    (262) 370-8520

    5 in this area

    216 Total Sales

    Colleen Tarantino
    Section Image

  • M

    Buyer's Agent in 2021

    Manwinder Bhagat

    Shorewest Realtors, Inc.

    (414) 377-2269

    6 in this area

    36 Total Sales

    Manwinder Bhagat
    Section Image
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Map

Source: Metro MLS

MLS Number: 1745396

Metro MLS

APN: 806-0259-000

Wisconsin Milwaukee County Franklin 53132

8242 S Preserve Way, Franklin, WI

This home is located at 8242 S Preserve Way, Franklin, WI 53132 since 10 June 2021 and is currently estimated at $623,721, approximately $225 per square foot. This property was built in 2006. 8242 S Preserve Way is a home located in Milwaukee County with nearby schools including Robinwood Elementary School, Forest Park Middle School, and Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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