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242 N 116th St; Milwaukee, WI Property Details

242 N 116th St, Milwaukee, WI is a Single Family that was built in 1955. This property is currently a cash purchase and is not for sale. Our records show that 242 N 116th St has 4 bedrooms, and 1.5 bathrooms, and a total of 1,358 square feet. The lot size of 242 N 116th St is 10,890 square feet.

Off market
242 N 116th St Milwaukee, WI 53226
$335,000 Listing Price
4 Beds
1.5 Baths
1,358 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $395,000
  • Est. Equity / %: $380,000 / 100%
  • Gross Yield: 11.672%
  • APN: 154110426001
  • Situs County: Milwaukee
  • Length Of Ownership: 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,358/SqFt
  • Lot: 10,890/SqFt
  • Gross: 1,644/SqFt
  • Garage: 286/SqFt
  • Living: 1,358/SqFt
  • Basement: 1,176/SqFt
  • Building: 1,644/SqFt
  • Ground: 1,358/SqFt
  • Garage Unfinished: 286/SqFt
  • Price Per Square Foot: $290.87

Legal Description

  • Description: WAUWATOSA HIGHLANDS LOTS 17 & 18 BLOCK G SE 1/4 SEC 30
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: 43.033215 / -88.05682
  • Subdivision: Wauwatosa Highlands
  • Property Class: Residential
  • Zoning: R1-6
  • County Use Code: G1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4018
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 286

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

242 N 116th St has 9 associated Taxes items

242 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 $308,600. The APN we've located for 242 N 116th St is 154110426001.

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Taxes
  • Assessed Value:  $308,600
  • Assessed Year:  2025
  • Assessed County:  Milwaukee
  • APN:  154110426001
  • Assessed Land Value:  93200
  • Tax Amount:  5184.6
  • Tax Year:  2025
  • Market Value:  306400
  • Market Year:  2025

Tax History

242 N 116th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $308,600 Land Value $93,200 Improvement Value $215,400 Tax Amount $5,184.6 Change Rate +0.162474% Assessed CR Tax Rate +0.0168%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,459.97 Change Rate +0.06615% Assessed CR Tax Rate
Year 2023 Assessed Value $208,700 Land Value $88,900 Improvement Value $119,800 Tax Amount $4,183.25 Change Rate -0.026277% Assessed CR Tax Rate +0.020044%
Year 2022 Assessed Value $208,700 Land Value $88,900 Improvement Value $119,800 Tax Amount $4,296.14 Change Rate +0.05297% Assessed CR Tax Rate +0.020585%
Year 2021 Assessed Value $208,700 Land Value $88,900 Improvement Value $119,800 Tax Amount $4,080.02 Change Rate -0.164887% Assessed CR Tax Rate +0.01955%
Year 2020 Assessed Value $208,700 Land Value $88,900 Improvement Value $119,800 Tax Amount $4,885.59 Change Rate -0.014287% Assessed CR Tax Rate +0.02341%
Year 2019 Assessed Value $208,700 Land Value $88,900 Improvement Value $119,800 Tax Amount $4,956.4 Change Rate +0.145112% Assessed CR Tax Rate +0.023749%
Year 2018 Assessed Value $170,800 Land Value $61,600 Improvement Value $109,200 Tax Amount $4,328.31 Change Rate Assessed CR Tax Rate +0.025341%
Year 2017 Assessed Value $170,800 Land Value $61,600 Improvement Value $109,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $170,800 Land Value $61,600 Improvement Value $109,200 Tax Amount $3,880.25 Change Rate -0.120962% Assessed CR Tax Rate +0.022718%
Year 2015 Assessed Value $170,800 Land Value $61,600 Improvement Value $109,200 Tax Amount $4,414.2 Change Rate +0.147135% Assessed CR Tax Rate +0.025844%
Year 2014 Assessed Value $170,800 Land Value $61,600 Improvement Value $109,200 Tax Amount $3,848.02 Change Rate -0.011318% Assessed CR Tax Rate +0.022529%
Year 2013 Assessed Value $170,800 Land Value $61,600 Improvement Value $109,200 Tax Amount $3,892.07 Change Rate Assessed CR Tax Rate +0.022787%