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3150 South 16th Street

3150 South 16th Street, Milwaukee, WI 53215
Property in Morgandale
Sold Oct 04, 2007
$106,600
$124,640 by Rocket Mortgage Llc
Mortgage Due Aug 01, 2038
Sold Apr 24, 2000
$75,000
$71,250 by Shelter Mtg
Mortgage Due Apr 01, 2030
3150 South 16th 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 1949 and is 75 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3150 South 16th Street has 732 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,200 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 440 sqft. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3150 South 16th Street was last sold in Jun 9, 2006 for $106,600. According to our calculations, that's $145.63 per sqft. Prior to that sales transaction, the property was sold for $75,000 in Mar 31, 2000. Current property owners are expected to pay $3,595 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 3150 South 16th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $151,000. To break that down further, the land itself was valued at $9,500. While improvements to the property were assessed at a total of $141,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 732
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Total Building Area: 732
  • Building Area: 732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORGANDALE
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MORGANDALE IN NE 1/4 SEC 18-6-22 V 18 P 49 BLOCK 4 N 20' LOT 26 & S 20' LOT 27

Ownership

  • Current Owner : TORRES MARLENE
  • Previous Owner : ACKERMANN STEVEN K
  • Previous Owner 2: ACKERMANN SARAH C
  • Owner Before Previous Owner: NOYES TRACY L
  • Owner Before Previous Owner 2: PITROSKI TRACY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milwaukee School District
  • Census Tract: 020400

Zoning

  • Zoning: RT3

Geography

  • Assessors Map Reference: MB 53516
  • Section: Jun 22, 2018
  • Parcel: 535-0621-000
  • Block: 4
  • Lot: 26,27
  • Meridian: SEC 18 TWN 06N RNG 22E
  • Municipality: CITY OF MILWAUKEE
  • Latitude: 42.9871
  • Longitude: -87.9334

    Address

  • Full Address: 3150 S 16th St
  • Address - House Number: 3150
  • Street Direction: S
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: WI
  • City Name: Milwaukee
  • Carrier Code: C052
  • 4-Digit Zip Code: 4525
  • Zip Code: 53215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,595
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 60
  • Final Value: 174,303
  • High Value: 222,402
  • Low Value: 126,205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,640
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 28, 2023
  • First Open Lien Mortgage Loan Amount: $124,640
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2038

    Market Valuation

  • Market Total Value: $151,000
  • Market Land Value: $9,500
  • Market Improvement Value: $141,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $151,000
  • Assessed Land Value: $9,500
  • Assessed Improvements Value: $141,500

    Sales

  • Current Sale Contract Date: Jun 09, 2006
  • Current Sale Recording Date: Oct 04, 2007
  • Current Sale Transaction ID: 1162494531
  • Current Sale Price: $106,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 09504197
  • Previous Sale Recording Date: Apr 24, 2000
  • Previous Sale Contract Date: Mar 31, 2000
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT INVESTMENT & LOAN
  • First Mortgage Transaction Date: Oct 04, 2007
  • First Mortgage Loan Amount: $148,500
  • First Mortgage Terms: 344
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SHELTER MTG
  • Previous Mortgage Transaction Date: Apr 24, 2000
  • Previous Mortgage Loan Amount: $71,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2030

About Morgandale



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Frequently Asked Questions

What neighborhood is 3150 South 16th Street located in?
The 3150 South 16th Street is a located in the neighborhood of Morgandale in Morgandale, Milwaukee.
What is the average sales price for listings in 3150 South 16th Street?
The average sales price for units in 3150 South 16th Street is $0 currently.

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