- 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
1241 N 116th St; Milwaukee, WI Property Details
For Rent
1241 N 116th St Milwaukee, WI 53226
$1,575 Listing Price
6 Beds
3 Baths
2,862 SqFt
Property Type
Single FamilyProperty 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.
Unlock the full reportTaxes
Tax History
1241 N 116th St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax 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% |