Taxes
- Assessed Value: $313,600
- Assessed Year: 2025
- Assessed County: Milwaukee
- APN: 153780194000
- Assessed Land Value: 90300
- Tax Amount: 5273.59
- Tax Year: 2025
- Market Value: 311400
- Market Year: 2025
551 N 116th St; Milwaukee, WI Property Details
Off market
551 N 116th St Milwaukee, WI 53226
$282,500 Listing Price
2 Beds
1.5 Baths
934 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1952
- Purchase Price: $282,500
- Open Loans / Balance: 1 / $258,000
- Est. Equity / %: $86,000 / 25%
- Gross Yield: 11.397%
- APN: 153780194000
- Situs County: Milwaukee
- Length Of Ownership: 3 years, 2 months
Rooms
- Bedrooms: 2
- 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: 934/SqFt
- Lot: 9,583/SqFt
- Gross: 1,207/SqFt
- Garage: 273/SqFt
- Living: 934/SqFt
- Basement: 912/SqFt
- Building: 1,207/SqFt
- Ground: 934/SqFt
- Garage Unfinished: 273/SqFt
- Price Per Square Foot: $302.46
Legal Description
- Description: HOMEWOOD E HALF OF LOT 12 EXC E 17 FT THEREOF FOR ST BLK 15 NE & NW 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: 43.037148 / -88.05746
- Subdivision: Homewood
- Property Class: Residential
- Zoning: R1-9
- County Use Code: G1
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3608
- Cooling: Central
- Garage: Attached Garage
- Heating: Forced air unit
- Parking: 273
HOA
- H O A One Type: Planned Unit Development
Ownership Info
551 N 116th St has no associated ownership info
551 N 116th St has no associated ownership info.
Taxes
551 N 116th St has 9 associated Taxes items
551 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 $313,600. The APN we've located for 551 N 116th St is 153780194000.
Unlock the full reportTax History
551 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 $313,600 | Land Value $90,300 | Improvement Value $223,300 | Tax Amount $5,273.59 | Change Rate +0.27237% | Assessed CR | Tax Rate +0.016816% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $4,144.7 | Change Rate +0.067234% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $194,700 | Land Value $86,000 | Improvement Value $108,700 | Tax Amount $3,883.59 | Change Rate -0.026928% | Assessed CR | Tax Rate +0.019947% |
| Year 2022 | Assessed Value $194,700 | Land Value $86,000 | Improvement Value $108,700 | Tax Amount $3,991.06 | Change Rate +0.053589% | Assessed CR | Tax Rate +0.020499% |
| Year 2021 | Assessed Value $194,700 | Land Value $86,000 | Improvement Value $108,700 | Tax Amount $3,788.06 | Change Rate -0.168893% | Assessed CR | Tax Rate +0.019456% |
| Year 2020 | Assessed Value $194,700 | Land Value $86,000 | Improvement Value $108,700 | Tax Amount $4,557.85 | Change Rate -0.014289% | Assessed CR | Tax Rate +0.02341% |
| Year 2019 | Assessed Value $194,700 | Land Value $86,000 | Improvement Value $108,700 | Tax Amount $4,623.92 | Change Rate +0.161462% | Assessed CR | Tax Rate +0.023749% |
| Year 2018 | Assessed Value $157,100 | Land Value $54,700 | Improvement Value $102,400 | Tax Amount $3,981.12 | Change Rate | Assessed CR | Tax Rate +0.025341% |
| Year 2017 | Assessed Value $157,100 | Land Value $54,700 | Improvement Value $102,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $157,100 | Land Value $54,700 | Improvement Value $102,400 | Tax Amount $3,555.65 | Change Rate +0.009099% | Assessed CR | Tax Rate +0.022633% |
| Year 2015 | Assessed Value $157,100 | Land Value $54,700 | Improvement Value $102,400 | Tax Amount $3,523.59 | Change Rate -0.001125% | Assessed CR | Tax Rate +0.022429% |
| Year 2014 | Assessed Value $157,100 | Land Value $54,700 | Improvement Value $102,400 | Tax Amount $3,527.56 | Change Rate -0.011018% | Assessed CR | Tax Rate +0.022454% |
| Year 2013 | Assessed Value $157,100 | Land Value $54,700 | Improvement Value $102,400 | Tax Amount $3,566.86 | Change Rate | Assessed CR | Tax Rate +0.022704% |