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505 E Otjen St; Milwaukee, WI Property Details

505 E Otjen St, Milwaukee, WI is a Single Family that was built in 1913. This property is currently Financed and is not for sale. Our records show that 505 E Otjen St has 3 bedrooms, and 1 bathroom, and a total of 1,512 square feet. The lot size of 505 E Otjen St is 3,003 square feet.

Off market
505 E Otjen St Milwaukee, WI 53207
$376,800 Estimated Value
3 Beds
1 Baths
1,512 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1913
  • Purchase Price: $185,000
  • Open Loans / Balance: 1 / $95,167
  • Est. Equity / %: $347,833 / 78.52%
  • Gross Yield: 9.754%
  • APN: 004990795000
  • Situs County: Milwaukee
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)

Measurements

  • Total: 1,512/SqFt
  • Lot: 3,003/SqFt
  • Garage: 396/SqFt
  • Living: 1,512/SqFt
  • Basement: 756/SqFt
  • Building: 2,268/SqFt
  • Ground: 756/SqFt
  • Garage Unfinished: 396/SqFt
  • Price Per Square Foot: $122.35

Legal Description

  • Description: LAKE VIEW PARK IN NW 1/4 SEC 9-6-22 BLOCK 3 E 1.5 FRONT BY 1 REAR LOT 34 & W 20 LOT 35
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Milwaukee School District
  • Lat / Lon: 42.997513 / -87.90332
  • Subdivision: Lake View Park
  • Property Class: Residential
  • Zoning: RT4
  • County Use Code: G1-08

Amenities

  • Plus Four: 1611
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes

Ownership Info

505 E Otjen St has no associated ownership info
505 E Otjen St has no associated ownership info.

Taxes

505 E Otjen St has 9 associated Taxes items

505 E Otjen 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 $376,800. The APN we've located for 505 E Otjen St is 004990795000.

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Taxes
  • Assessed Value:  $376,800
  • Assessed Year:  2025
  • Assessed County:  Milwaukee
  • APN:  004990795000
  • Assessed Land Value:  71100
  • Tax Amount:  7491.53
  • Tax Year:  2025
  • Market Value:  332700
  • Market Year:  2023

Tax History

505 E Otjen St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $376,800 Land Value $71,100 Improvement Value $305,700 Tax Amount $7,491.53 Change Rate +0.01585% Assessed CR Tax Rate +0.019882%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $7,374.64 Change Rate +0.127078% Assessed CR Tax Rate
Year 2023 Assessed Value $276,900 Land Value $47,400 Improvement Value $229,500 Tax Amount $6,543.15 Change Rate +0.042203% Assessed CR Tax Rate +0.02363%
Year 2022 Assessed Value $276,900 Land Value $47,400 Improvement Value $229,500 Tax Amount $6,278.19 Change Rate -0.04605% Assessed CR Tax Rate +0.022673%
Year 2021 Assessed Value $262,500 Land Value $28,300 Improvement Value $234,200 Tax Amount $6,581.26 Change Rate -0.004414% Assessed CR Tax Rate +0.025071%
Year 2020 Assessed Value $262,500 Land Value $28,300 Improvement Value $234,200 Tax Amount $6,610.44 Change Rate +0.374838% Assessed CR Tax Rate +0.025183%
Year 2019 Assessed Value $196,700 Land Value $19,300 Improvement Value $177,400 Tax Amount $4,808.16 Change Rate -0.010579% Assessed CR Tax Rate +0.024444%
Year 2018 Assessed Value $196,700 Land Value $19,300 Improvement Value $177,400 Tax Amount $4,859.57 Change Rate -0.008079% Assessed CR Tax Rate +0.024705%
Year 2017 Assessed Value $186,900 Land Value $6,800 Improvement Value $180,100 Tax Amount $4,899.15 Change Rate -0.026446% Assessed CR Tax Rate +0.026213%
Year 2016 Assessed Value $182,900 Land Value $6,800 Improvement Value $176,100 Tax Amount $5,032.23 Change Rate +0.026586% Assessed CR Tax Rate +0.027514%
Year 2015 Assessed Value $174,200 Land Value $6,800 Improvement Value $167,400 Tax Amount $4,901.91 Change Rate +0.040507% Assessed CR Tax Rate +0.02814%
Year 2014 Assessed Value $164,400 Land Value $6,800 Improvement Value $157,600 Tax Amount $4,711.08 Change Rate Assessed CR Tax Rate +0.028656%
Year 2013 Assessed Value $149,500 Land Value $6,800 Improvement Value $142,700 Tax Amount Change Rate Assessed CR Tax Rate