NOT LISTED FOR SALE

8312 W Potomac Ave Unit 8316 Milwaukee, WI 53218

Columbus Park Neighborhood

Estimated Value: $202,000 - $233,000

3 Beds
2 Baths
2,017 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $120,000 $59 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,632/month

About This Home

As of June 2021

One party listing

Last Agent to Sell the Property

Ben Gohlke

Realty Dynamics License #55012-90 Listed on: 06/03/2021

Last Buyer's Agent

Michael Larson

Realty Dynamics License #66812-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,017 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1959
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 8312 W Potomac AVENUE #8316
  • Lot Acreage: 0.16
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2017.00

Exterior Features

  • Exterior Building Type: 1.5 Story
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

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

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: TWO FAMILY
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3656.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
May 28, 2021
Sold by
Gratke Karl Paul and Gratke Sarah
Bought by
Obasi Ezelagu and Obasi Chioma
Seller's Agent
Ben Gohlke
Realty Dynamics
Buyer's Agent
Michael Larson
Realty Dynamics
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$221,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,958
Avg. Annual Appreciation
24.83%
Original Mortgage
$117,826
Outstanding Balance
$106,909
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$201,133

Purchase Details

Closed on
Sep 30, 1999
Sold by
Larsen Kathleen and Larsen Kathleen Ann
Bought by
Gratke Karl Paul and Gratke Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
8.5%
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
Obasi Ezelagu $120,000 None Available
Gratke Karl Paul $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obasi Ezelagu $117,826
Previous Owner Gratke Karl Paul $74,000
Previous Owner Gratke Karl Paul $83,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $120,000 0.0% $59 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $120,000 -- $59 / 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 $5,096 $226,100 $16,200 $209,900
2023 $3,899 $165,000 $16,200 $148,800
2022 $3,856 $165,000 $16,200 $148,800
2021 $3,677 $142,600 $16,200 $126,400
2020 $3,657 $142,600 $16,200 $126,400
2019 $3,381 $126,100 $16,600 $109,500
2018 $3,196 $126,100 $16,600 $109,500
2017 $3,028 $113,600 $16,500 $97,100
2016 $3,139 $112,000 $16,500 $95,500
2015 -- $112,000 $16,500 $95,500
2014 -- $112,000 $16,500 $95,500
2013 -- $112,000 $16,500 $95,500
Source: Public Records

Agents Affiliated with this Home

  • Ben Gohlke

    Seller's Agent in 2021

    Ben Gohlke

    Realty Dynamics

    (262) 424-0144

    4 in this area

    99 Total Sales

    Ben Gohlke
    Section Image

  • M

    Buyer's Agent in 2021

    Michael Larson

    Realty Dynamics

    (414) 801-3307

    1 in this area

    99 Total Sales

    Michael Larson
    Section Image
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Map

Source: Metro MLS

MLS Number: 1744052

Metro MLS

APN: 224-0937-000-8

Wisconsin Milwaukee County Milwaukee 53218 Columbus Park

8312 W Potomac Ave Unit 8316, Milwaukee, WI

This home is located at 8312 W Potomac Ave Unit 8316, Milwaukee, WI 53218 since 03 June 2021 and is currently estimated at $221,958, approximately $110 per square foot. This property was built in 1959. 8312 W Potomac Ave Unit 8316 is a home located in Milwaukee County with nearby schools including Craig Montessori School, Milwaukee German Immersion School, and Milwaukee Spanish Immersion School - Upper Campus.

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