NOT LISTED FOR SALE

The Waterfront 130 S Water St Unit 400 Milwaukee, WI 53204

Historic Third Ward Neighborhood

Estimated Value: $1,107,000 - $1,501,000

2 Beds
2.5 Baths
3,395 Sq Ft
$535/mo HOA Fee

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • Waterfront
  • Walnut Grove Elementary School Rated A
  • Boat Slip
  • 4-minute walk to Catalano Square

About This Home

Exceptional top floor luxury penthouse w/amazing 270 degree views of the Mke River & downtown! The unit offers custom millwork and Old World craftsmanship throughout w.10.5 ft Russian oak ceilings. Large east & west facing balconies. Bonus 2.5-car underground private garage with extra storage. Private boat slip #3 along the river. Spacious unit features approx 3400 sq ft of living space. Open concept main living area features gas fireplace, dining room, & kitchen w/breakfast bar island & large walk-in pantry. Master suite w/2 walk-in closets & fireplace in bedroom. Den could be an office, rec, or 3rd bdrm. Upgrades include hardwood flooring, skylights, Subzero and Wolf appliances, plenty of storage, custom sound-deadening windows, ATT fiber internet & much more. Excellent 3rd Ward location

Last Agent to Sell the Property

Paul Liebe

Lake Country Flat Fee License #51587-90 Listed on: 05/02/2023

Last Buyer's Agent

Sewart Group*

Compass RE WI-Northshore License #56166-94

Compass RE WI-Northshore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,626

Year Built

  • Built in 2004

Lot Details

  • Waterfront

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,395 Sq Ft Home
  • 1-Story Property
  • Wet Bar

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Boat Slip

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Rights

Community Details

Overview

  • 62 Units
  • Mid-Rise Condominium
  • Waterfront Condos

Recreation

  • Pier or Dock

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,626

Year Built

Built in 2004

Lot Details

0

HOA Fees

$535 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Kitchen appliances, window treatments, Lutron lighting/blind system, 4 large Persian rugs, garage refrigerator/freezer, EV charger, washer and dryer.
  • Directions: South on Water St., cross the Milwaukee River and make 1st left on to Water St., main entrance in the middle of building
  • New Construction: No
  • Year Built: 2004
  • AssociationCommonAmenities: Elevator, Security
  • CondoFeeMonthly: 535.0
  • CondoUnitType: 1 Story
  • Full Street Address: 130 S Water STREET #400
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Other Rm1 Level: Main
  • Other Rm1 Name: Foyer
  • Property Water Features: Boat Slip/Ramp, Pier, River, View of Water, Deeded Water Access, Water Access/Rights, Waterfrontage on Lot
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, In-Unit Laundry, Pantry, Skylight(s), Storage Lockers, Walk-in closet(s), Wet Bar, Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Ceramic Tile, Whirlpool, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Main
  • Den Office Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 17
  • Second Floor Total Sq Ft: 3395.00

Exterior Features

  • Exterior Features: Balcony
  • Exterior Building Type: Midrise: 3-5 Stories
  • Exterior: Aluminum/Steel, Brick, Brick/Stone, Other, Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Underground, 2 Car
  • Garage Spaces: 2.5
  • Garage/Parking: Assigned

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Waterfront
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 62

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Year: 2022
  • Total Taxes: 28626.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jul 10, 2023
Sold by
Michaels William R and Michaels Maureen H
Bought by
Timothy P Kezman Survivors Trust
Seller's Agent
Paul Liebe
Lake Country Flat Fee
Buyer's Agent
Sewart Group*
Compass RE WI-Northshore
List Price
$1,675,000
Sold Price
$1,600,000
Premium/Discount to List
-$75,000
-4.48%
Views
121
Current Estimated Value
$1,356,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$243,938
Avg. Annual Appreciation
-6.69%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Burmeister Russell C
Bought by
Michaels William R and Michaels Maureen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2009
Sold by
Burmeister Russell C
Bought by
Russell C Burmeister Revocable Trust

Purchase Details

Closed on
Oct 22, 2008
Sold by
Burmeister Russell C
Bought by
Burmeister Russell C

Purchase Details

Closed on
Jun 22, 2007
Sold by
Burmeister Russell C and Burmeister Donna J
Bought by
Russell C & Donna J Burmeister Revocable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Timothy P Kezman Survivors Trust $1,600,000 Main Street Title
Michaels William R $825,000 None Available
Russell C Burmeister Revocable Trust -- None Available
Burmeister Russell C -- None Available
Burmeister Russell C -- None Available
Russell C & Donna J Burmeister Revocable -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michaels William R $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2023 07/23/23 Off Market $1,675,000 -- --
05/05/2023 05/05/23 For Sale $1,675,000 -- $493 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $32,719 $1,431,000 $18,600 $1,412,400
2023 $28,479 $1,205,200 $5,200 $1,200,000
2022 $28,627 $1,205,200 $5,200 $1,200,000
2021 $28,627 $1,145,400 $5,200 $1,140,200
2020 $29,897 $1,145,400 $5,200 $1,140,200
2019 $29,245 $1,041,000 $5,200 $1,035,800
2018 $26,868 $1,041,000 $5,200 $1,035,800
2017 $25,900 $951,300 $5,200 $946,100
2016 $27,231 $951,300 $5,200 $946,100
2015 -- $825,000 $5,200 $819,800
2014 -- $825,000 $5,200 $819,800
2013 -- $787,400 $5,200 $782,200
Source: Public Records

Agents Affiliated with this Home

  • Paul Liebe

    Seller's Agent in 2023

    Paul Liebe

    Lake Country Flat Fee

    (262) 447-0923

    1 in this area

    808 Total Sales

    Paul Liebe
    Section Image

  • S

    Buyer's Agent in 2023

    Sewart Group*

    Compass RE WI-Northshore

    (414) 405-1979

    4 in this area

    283 Total Sales

    Sewart Group*
    Section Image
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About The Waterfront

Map

Source: Metro MLS

MLS Number: 1832913

Metro MLS

APN: 428-0725-000-5

Wisconsin Milwaukee County Milwaukee 53202 Historic Third Ward

130 S Water St Unit 400, Milwaukee, WI

Not Listed for Sale

Condos

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