Large Location Icon

508 N 116th St; Milwaukee, WI Property Details

508 N 116th St, Milwaukee, WI is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 508 N 116th St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,118 square feet. The lot size of 508 N 116th St is 4,792 square feet.

Off market
508 N 116th St Milwaukee, WI 53226
$305,000 Listing Price
3 Beds
1.5 Baths
1,118 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1962
  • Purchase Price: $305,000
  • Open Loans / Balance: 2 / $297,850
  • Est. Equity / %: $77,150 / 20.57%
  • Gross Yield: 8.95%
  • APN: 153780285000
  • Situs County: Milwaukee
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,118/SqFt
  • Lot: 4,792/SqFt
  • Gross: 1,118/SqFt
  • Living: 1,118/SqFt
  • Basement: 1,090/SqFt
  • Building: 1,118/SqFt
  • Ground: 1,118/SqFt
  • Price Per Square Foot: $272.81

Legal Description

  • Description: BLUE MOUND PARK LOT 11 BLK 2 NE 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: 43.03668 / -88.056854
  • Subdivision: Blue Mound Park
  • Property Class: Residential
  • Zoning: R1-6
  • County Use Code: G1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3609
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

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

Taxes

508 N 116th St has 9 associated Taxes items

508 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 $259,900. The APN we've located for 508 N 116th St is 153780285000.

Unlock the full report
Taxes
  • Assessed Value:  $259,900
  • Assessed Year:  2025
  • Assessed County:  Milwaukee
  • APN:  153780285000
  • Assessed Land Value:  55800
  • Tax Amount:  5037.11
  • Tax Year:  2025
  • Market Value:  258100
  • Market Year:  2025

Tax History

508 N 116th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $259,900 Land Value $55,800 Improvement Value $204,100 Tax Amount $5,037.11 Change Rate -0.090535% Assessed CR Tax Rate +0.019381%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,538.54 Change Rate +0.220346% Assessed CR Tax Rate
Year 2023 Assessed Value $197,700 Land Value $53,100 Improvement Value $144,600 Tax Amount $4,538.5 Change Rate +0.225499% Assessed CR Tax Rate +0.022956%
Year 2022 Assessed Value $181,500 Land Value $53,100 Improvement Value $128,400 Tax Amount $3,703.39 Change Rate +0.054265% Assessed CR Tax Rate +0.020404%
Year 2021 Assessed Value $181,500 Land Value $53,100 Improvement Value $128,400 Tax Amount $3,512.77 Change Rate -0.17324% Assessed CR Tax Rate +0.019354%
Year 2020 Assessed Value $181,500 Land Value $53,100 Improvement Value $128,400 Tax Amount $4,248.84 Change Rate -0.014289% Assessed CR Tax Rate +0.02341%
Year 2019 Assessed Value $181,500 Land Value $53,100 Improvement Value $128,400 Tax Amount $4,310.43 Change Rate +0.019144% Assessed CR Tax Rate +0.023749%
Year 2018 Assessed Value $166,900 Land Value $38,800 Improvement Value $128,100 Tax Amount $4,229.46 Change Rate Assessed CR Tax Rate +0.025341%
Year 2017 Assessed Value $166,900 Land Value $38,800 Improvement Value $128,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $166,900 Land Value $38,800 Improvement Value $128,100 Tax Amount $3,787.86 Change Rate +0.009504% Assessed CR Tax Rate +0.022695%
Year 2015 Assessed Value $166,900 Land Value $38,800 Improvement Value $128,100 Tax Amount $3,752.2 Change Rate -0.001224% Assessed CR Tax Rate +0.022482%
Year 2014 Assessed Value $166,900 Land Value $38,800 Improvement Value $128,100 Tax Amount $3,756.8 Change Rate -0.011236% Assessed CR Tax Rate +0.022509%
Year 2013 Assessed Value $166,900 Land Value $38,800 Improvement Value $128,100 Tax Amount $3,799.49 Change Rate Assessed CR Tax Rate +0.022765%