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117 North 85th Street

117 North 85th Street, Milwaukee, WI 53226
Property in Wauwatosa
Sold Sep 28, 2021
$419,000
$335,200 by Novus Home Mortgage
Mortgage Due Oct 01, 2051
Sold Jan 20, 2021
$275,000
$291,400 by Commercial Lennder Llc
Mortgage
117 North 85th Street has been categorized by the local assessors in Milwaukee, WI as a residential type of property. The building on the property was first built in 1948 and is 76 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 117 North 85th Street has 1,821 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,092 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 6,098 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 31, 2021 for $419,000. That's $230.09 per sqft. Prior to that sales transaction, the property was also sold in Jan 19, 2021 for $275,000. 117 North 85th Street was last assessed in 2022. The total value of the property was assessed at $344,300. Specifically, the land the property is located on was valued at $104,800. While improvements on the property were assessed at a total of $239,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,251. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,092
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,821
  • Building Area: 1,821
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,821
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAVENSWOOD
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAVENSWOOD LOT 16 BLK 12 SW 1/4 SEC 28

Ownership

  • Current Owner : SCHULTZ MARK
  • Current Owner 2: JACOBS ALISON
  • Previous Owner : ROMER REAL ESTATE INVESTMENTS LLC
  • Owner Before Previous Owner: OLSZEWSKI JAMES E
  • Owner Before Previous Owner 2: OLSZEWSKI NANCY K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wauwatosa School District
  • School Tax School District: 6244
  • School Tax District Code 2: 5020
  • Census Tract: 091300

Zoning

  • Zoning: R16

Geography

  • Parcel: 408-0357-00
  • Block: 12
  • Lot: 16
  • Municipality: CITY OF WAUWATOSA
  • Latitude: 43.0321
  • Longitude: -88.0188

    Address

  • Full Address: 117 N 85th St
  • Address - House Number: 117
  • Street Direction: N
  • Address - Street Name: 85th
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C084
  • 4-Digit Zip Code: 4601
  • Zip Code: 53226

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,251

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 69
  • Final Value: 414,141
  • High Value: 506,423
  • Low Value: 321,859

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,200
  • First Open Lien Mortgage Lender: NOVUS HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Loan Amount: $335,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $408,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $344,300
  • Assessed Land Value: $104,800
  • Assessed Improvements Value: $239,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Transaction ID: 11857464790
  • Current Sale Price: $419,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11168323
  • Previous Sale Recording Date: Jan 20, 2021
  • Previous Sale Contract Date: Jan 19, 2021
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVUS HOME MORTGAGE
  • First Mortgage Transaction Date: Sep 28, 2021
  • First Mortgage Loan Amount: $335,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCIAL LENNDER LLC
  • Previous Mortgage Transaction Date: Jan 20, 2021
  • Previous Mortgage Loan Amount: $291,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 117 North 85th Street located in?
The 117 North 85th Street is a located in the neighborhood of Wauwatosa in Wauwatosa, Milwaukee.
What is the average sales price for listings in 117 North 85th Street?
The average sales price for units in 117 North 85th Street is $0 currently.

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