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1241 N 116th St; Milwaukee, WI Property Details

1241 N 116th St, Milwaukee, WI is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 1241 N 116th St has 6 bedrooms, and 3 bathrooms, and a total of 2,862 square feet. The lot size of 1241 N 116th St is 9,148 square feet.

For Rent
1241 N 116th St Milwaukee, WI 53226
$1,575 Listing Price
6 Beds
3 Baths
2,862 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $379,900
  • Open Loans / Balance: 1 / $255,846
  • Est. Equity / %: $271,154 / 51.45%
  • Gross Yield: 11.064%
  • APN: 153760101000
  • Situs County: Milwaukee
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Total Rooms: 10
  • Partial Bathrooms: 2

Structure

  • Stories: 2
  • Exterior Wall Type: Brick
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,862/SqFt
  • Lot: 9,148/SqFt
  • Gross: 2,862/SqFt
  • Living: 2,862/SqFt
  • Basement: 1,431/SqFt
  • Building: 2,862/SqFt
  • Ground: 1,431/SqFt
  • Price Per Square Foot: $132.74

Legal Description

  • Description: SMITH ESTATES LOT 3 SW 1/4 SEC 19
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wauwatosa School District
  • Lat / Lon: 43.046444 / -88.05773
  • Subdivision: Smith Estates
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: G1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3215
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

1241 N 116th St has no associated ownership info
1241 N 116th St has no associated ownership info.

Taxes

1241 N 116th St has 9 associated Taxes items

1241 N 116th St, Milwaukee, WI pays taxes in Milwaukee County, WI. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $498,500. The APN we've located for 1241 N 116th St is 153760101000.

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Taxes
  • Assessed Value:  $498,500
  • Assessed Year:  2025
  • Assessed County:  Milwaukee
  • APN:  153760101000
  • Assessed Land Value:  75000
  • Tax Amount:  8795.75
  • Tax Year:  2025
  • Market Value:  495000
  • Market Year:  2025

Tax History

1241 N 116th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $498,500 Land Value $75,000 Improvement Value $423,500 Tax Amount $8,795.75 Change Rate +0.27529% Assessed CR Tax Rate +0.017644%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,897.06 Change Rate +0.053054% Assessed CR Tax Rate
Year 2023 Assessed Value $308,800 Land Value $71,400 Improvement Value $237,400 Tax Amount $6,549.58 Change Rate -0.168036% Assessed CR Tax Rate +0.02121%
Year 2022 Assessed Value $308,800 Land Value $71,400 Improvement Value $237,400 Tax Amount $7,872.43 Change Rate +0.290869% Assessed CR Tax Rate +0.025494%
Year 2021 Assessed Value $295,300 Land Value $71,400 Improvement Value $223,900 Tax Amount $6,098.55 Change Rate -0.117796% Assessed CR Tax Rate +0.020652%
Year 2020 Assessed Value $295,300 Land Value $71,400 Improvement Value $223,900 Tax Amount $6,912.86 Change Rate -0.014289% Assessed CR Tax Rate +0.02341%
Year 2019 Assessed Value $295,300 Land Value $71,400 Improvement Value $223,900 Tax Amount $7,013.07 Change Rate +0.12133% Assessed CR Tax Rate +0.023749%
Year 2018 Assessed Value $246,800 Land Value $57,600 Improvement Value $189,200 Tax Amount $6,254.24 Change Rate Assessed CR Tax Rate +0.025341%
Year 2017 Assessed Value $246,800 Land Value $57,600 Improvement Value $189,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $246,800 Land Value $57,600 Improvement Value $189,200 Tax Amount $5,789.72 Change Rate +0.015142% Assessed CR Tax Rate +0.023459%
Year 2015 Assessed Value $246,800 Land Value $57,600 Improvement Value $189,200 Tax Amount $5,703.36 Change Rate -0.002627% Assessed CR Tax Rate +0.023109%
Year 2014 Assessed Value $246,800 Land Value $57,600 Improvement Value $189,200 Tax Amount $5,718.38 Change Rate -0.013748% Assessed CR Tax Rate +0.02317%
Year 2013 Assessed Value $246,800 Land Value $57,600 Improvement Value $189,200 Tax Amount $5,798.09 Change Rate Assessed CR Tax Rate +0.023493%