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516 East Jefferson Street

516 East Jefferson Street, Oconomowoc, WI 53066
House in Summit
Sold Jul 13, 2022
$475,000
$380,000 by Bank Of America Na
Mortgage Due Aug 01, 2052
Sold Sep 18, 2013
$4,600
$100,000 by Landmark Cu Of New Berlin
Mortgage
Local assessors in Oconomowoc, WI have categorized 516 East Jefferson Street as a residential type of property. The property's lot size has been calculated to be 10,977 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Jul 12, 2022 for $475,000. Prior to that sales transaction, the property was also sold in Sep 17, 2013 for $4,600. 516 East Jefferson Street was last assessed in 2023. The total value of the property was assessed at $475,000. Specifically, the land the property is located on was valued at $76,000. While improvements on the property were assessed at a total of $399,000. 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 $5,325. The initial tax year of delinquency was in 2023. 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. 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.

Building Features

Exterior

Wood Exterior

Parking

Heated Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,977
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTOVERS PLAT THE SUMMIT ADDITIONWESTOV
  • Land Acres: 0.252
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: S1/2 OF W 88.44 FT LOT 2 WESTOVERS PLAT THE SUMMIT ADDITION TO THE VILLAGE OF OCONOMOWOC PT NW1/4 SEC 4 T7N R17E :: ALSO PT S1/2 LOT 2 WESTOVERS PLAT THE SUMMIT ADDITION; COM SE CRNR LOT 1 OF PLAT; N542000W ALNG NLY R/W LINE OF ROAD 164.44 FT TO BGN;

Ownership

  • Current Owner : WENZEL BRYCE ALBERT
  • Current Owner 2: WENZEL MADILYNN IRENE
  • Previous Owner : WOODRUFF ROBERT J
  • Previous Owner 2: WOODRUFF BARBARA E
  • Owner Before Previous Owner: CASPER ANTHONY G
  • Owner Before Previous Owner 2: SILVERMAN TERRIE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oconomowoc Area School District
  • School Tax School District: WAUKESHA TECH
  • Census Tract: 204302

Geography

  • District: OCOC
  • Parcel: OCOC-0590-079-001
  • Lot: 2
  • Meridian: SEC 4 TWN 7N RNG 17E
  • Municipality: CITY OF OCONOMOWOC
  • Latitude: 43.105
  • Longitude: -88.4922

    Address

  • Full Address: 516 E Jefferson St
  • Address - House Number: 516
  • Street Direction: E
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: WI
  • City Name: Oconomowoc
  • Carrier Code: C006
  • 4-Digit Zip Code: 3821
  • Zip Code: 53066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,325
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: OCOC

    Appraisal Valuation

  • Standard Deviation: 0.1397
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 440,788
  • High Value: 502,409
  • Low Value: 379,167

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jul 13, 2022
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $495,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,000
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $399,000

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Transaction ID: 11892798163
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4678743
  • Previous Sale Recording Date: Sep 18, 2013
  • Previous Sale Contract Date: Sep 17, 2013
  • Previous Sale Amount: $4,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jul 13, 2022
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LANDMARK CU OF NEW BERLIN
  • Previous Mortgage Transaction Date: Sep 18, 2013
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Summit



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Nearby Rentals

Unit for rent at 900 Timberline Court West, Oconomoc, WI, 53066

$2,600 /mo

  • 4 Beds
  • 2 Baths
  • 3,000 ft²
900 Timberline Court West #900 Timberline Court West, Oconomoc, WI, 53066 Listing by Manager

Frequently Asked Questions

What neighborhood is 516 East Jefferson Street located in?
The 516 East Jefferson Street is a house located in the neighborhood of Summit in Summit, Oconomowoc.
What is the average sales price for listings in 516 East Jefferson Street?
The average sales price for units in 516 East Jefferson Street is $0 currently.

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