Milwaukee  »  53212  »  Riverwest

516 East Locust Street, Milwaukee, WI 53212

Riverwest, Milwaukee
Building in Riverwest
2 Stories
Built in 1904
Nearby Active Listings
Welcome to 516 East Locust Street, a building located in Riverwest, Milwaukee in Milwaukee, WI. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1904. There are a total of 2 floors. Finally, 516 East Locust Street was most recently sold on Jan 7, 2022 for $90,000. The market value for the land that the building sits on has been listed at $16,700. In addition, improvements upon the building have an added value of $83,000. In total, the total market value of the property as a whole is $99,700. According to local assessors, the total value of the building is currently valued at $99,700. Specifically, the value of the land that the property sits on has been assessed at $16,700. The building was last assessed in 2022.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1904
Effective Year Built
1904
Total Rooms
8
Bedroom Count
4
Bathroom Count
1
Full Bathrooms
1
Partial Bathrooms
1
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
Other
Exterior Walls Type
Wood
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
2
Living Units
1
Floor Cover
unknown
Basement Type
Unspecified basement
Basement Area
953
Garage Type
Detached
Garage Square Area
420
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
J B SMITHS SUBDIVISION
Land Acres
0.074
Standard Land Use Code
Single family residential
County Land Use Code
Petroleum & gas wells (misc.)
Legal Description 1
SUBD OF J B SMITH'S IN NW 1/4 SEC 16-7-22 BLOCK 74 E 18' LOT 31 & W 18' LOT 32
Ownership
Current Owner
MAYFIELD PROPERTIES 1 LLC
Current Owner's Name
516 E LOCUST LLC
Previous Owner
GREEN II JAMES T
Previous Owner's Name
KOSKI STEVEN P
Owner Address - City
ALLEN
Owner Address - State
TX
Owner Address - ZIP Code
75013
Owner Before Previous Owner
SKOWRONSKI CASIMIR J
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Milwaukee School District
Census Tract
007100
Census Block Code
1005
Census Group
1
Census Year
2020
Census - Combined Statistical Area - Area Code
376
Census - Combined Statistical Area - Area Name
Milwaukee-Racine-Waukesha, WI
Census - County FIPS
55079
Census - Full FIPS
550790071001005
Census - Metro Micro Statistical Area - Area Code
33340
Census - Metro Micro Statistical Area - Area Name
Milwaukee-Waukesha, WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
5553000
Census Source
US Census Bureau
Census State FIPS
55
Census Tract Code
007100
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
5509600
School District - Unified - Name
Milwaukee School District
Zoning
Zoning
RT4
Geography
Assessors Map Reference
MB 31423
Section
16-7-22
Parcel
314-0960-000
Block
74
Lot
31,32
Lot Code
unknown
Meridian
SEC 16 TWN 07N RNG 22E
Municipality
CITY OF MILWAUKEE
Latitude
43.0713
Longitude
-87.9047
FIPS
55079
Mailing Carrier Code
B013
Mailing Full Street Address
PO BOX 1398
Mailing Street
PO BOX 1398
Mailing 4-Digit Zip Code
0061
Geo Status Code
unknown
Valuation
Timestamp
2024-03-19 23:34:41
UCID Flag
C
More About The Building
In total, the building area is listed as 1,629 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 516 East Locust Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Riverwest area have a median price of $1,695. Those in the 25th percentile, have a price around $1,695. While those in the 75th percentile, have a price around $1,695. Typically, the buildings in this area have a median sqft of 1,100. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently no one bedroom listings being advertised in the area.
  • There is currently a single advertised two bedroom listing.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
516 East Locust Street is located in 53212. There are 31,788 people living here. There are 13,393 households. Most of these households have an average family size of 3.33 people. According to the census, 71% are currently renting while 29% own their homes. The median age of this population is around 29.9 years old. On average, most folks in the zipcode are unmarried. About 8% of folks speak a language other than English in this area. The area's employment rate is currently around 60.4%. Speaking of employment, the median income is $30,363. Most folks will commute by car for around 22.8 minutes. Finally, we know that 25% of residents in the area have graduated with their high school degree. Additionally, 20% and 11% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Milwaukee County, Wisconsin has a population of 955,306 people. Based on census records, there are 382,778 registered households. Families in this area are on average made up of 3.22 people per household. Most folks are unmarried. They are also typically around 34.3 years old. Does diversity matter to you? Right now, 16% of folks speak a language other than English here. About 51% rent while 49% purchased their homes. Right now, the community is made up of 28% of residents who have graduated with at least a high school degree. On top of that, 19% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 60.4%. Those employed, have a median income of $45,263. If you move here, you can expect to commute mostly by car for around 22.4 minutes.

Finally, let's take a look at the stats related to Milwaukee, WI Urban Area. The urban area is home to 1,388,040 people. A total of 555,510 households are registered here. With average family sizes being listed at 3.14 people. About 26% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 12% have their Master's degree. Folks speaking a language other than English, make up about 14% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 22.8 minutes. Speaking of your commute, 62.2% of people in this area are employed. The recorded median income is currently at $53,231 per year. The median population age has been listed at 36.7 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 43% of the population while homeowners are at about 57% of the population.
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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent
PUBLIC TRANSIT
15
HOLTON & LOCUST (Under 500 ft - 3 min walk)
Milwaukee County Transit System
15
HOLTON & LOCUST (Under 500 ft - 3 min walk)
Milwaukee County Transit System
15
HOLTON & CHAMBERS (530 ft - 3 min walk)
Milwaukee County Transit System
15
HOLTON & HADLEY (620 ft - 3 min walk)
Milwaukee County Transit System
15
HOLTON & CHAMBERS (670 ft - 3 min walk)
Milwaukee County Transit System

Nearby Schools

(within attendance boundary)
Riverwest Elementary  •  0.24 mi
2765 N Fratney St, Milwaukee, WI 53212
Public  •  Elementary  •  Grades PK to 5
Milwaukee School District
121 E Hadley St, Milwaukee, WI 53212
Public  •  Middle School  •  Grades 6 to 8
Milwaukee School District
Riverside High  •  0.73 mi
1615 E Locust St, Milwaukee, WI 53211
Public  •  High School  •  Grades 9 to 12
Milwaukee School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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