NOT LISTED FOR SALE

16705 W Observatory Rd Unit 7 New Berlin, WI 53151

Estimated Value: $463,000

4 Beds
2.5 Baths
2,989 Sq Ft
$155/Sq Ft Est. Value

Highlights

  • Main Floor Primary Bedroom
  • 2.5 Car Attached Garage
  • Bathtub with Shower
  • Ronald Reagan Elementary School Rated A
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

Spacious 4BR condo in a convenient New Berlin location! This newly created condo offers nearly 3000 sq ft of living space and shares a gorgeous 1 acre lot with adjoining unit. Enjoy a private outside entrance, attached 2.5 car garage, full basement, and private back yard patio. Interior offers vaulted great room with gas fireplace. Kitchen-dining area includes pantry and appliances included. Butler's pantry off formal dining room. Relax in the sun room with walls of windows along back of unit. Main floor laundry and half bath. Main floor master includes private bath and large walk-in closet. Open staircase leads to 3 upper level bedrooms, full bath, and bonus attic storage. Full basement provides plenty of storage space and future rec room potential. New roof. Lot with many mature trees!

Last Agent to Sell the Property

Paul Liebe

Lake Country Flat Fee License #51587-90 Listed on: 08/23/2023

Last Buyer's Agent

Mellody Giese

Shorewest Realtors, Inc. License #39333-94

Shorewest Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,602

Year Built

  • Built in 1998

Lot Details

  • 0.54

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Surface Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,989 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

Overview

  • 2 Units
  • West Observatory Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,602

Year Built

Built in 1998

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Oven/range, refrigerator, dishwasher, microwave, washer, dryer, lower level refrigerator
  • Directions: National Ave. to Observatory Rd., south to condo on right
  • New Construction: No
  • Year Built: 1998
  • AssociationCommonAmenities: Common Green Space
  • CondoFeeMonthly: 150.0
  • CondoUnitType: 2 Story
  • Full Street Address: 16705 W Observatory ROAD
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Other Rm1 Level: Upper
  • Other Rm1 Name: Other Room
  • Other Rm2 Name: Sun/Four Season Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full
  • Interior Amenities: Cable/Satellite Available, Central Vacuum, In-Unit Laundry, Pantry, Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Master Bedroom Bath: Tub/Shower Combo, Master Bedroom Bath, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 16
  • Second Floor Total Sq Ft: 2989.00

Exterior Features

  • Exterior Features: Patio/Porch, Private Entry
  • Exterior Building Type: Side X Side, 2 Story
  • Exterior: Brick, Brick/Stone, Other

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Opener Included, 2 Car
  • Garage Spaces: 2.5
  • Garage/Parking: Surface

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: West Observatory
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 2

Schools

  • School District: New Berlin
  • Junior High Dist: New Berlin

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 29, 2023
Sold by
Rmkf Transition Trust
Bought by
Hanevold Troy D and Hanevold Christine M
Seller's Agent
Paul Liebe
Lake Country Flat Fee
Buyer's Agent
Mellody Giese
Shorewest Realtors, Inc.
List Price
$419,900
Sold Price
$436,000
Premium/Discount to List
$16,100
3.83%
Views
314
Current Estimated Value
$463,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,000
Avg. Annual Appreciation
3.07%

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 13, 2023
Sold by
Rmkf Transition Trust and Kust James P
Bought by
Kust James P and Kust Vickie J
Seller's Agent
Paul Liebe
Lake Country Flat Fee
Buyer's Agent
Mellody Giese
Shorewest Realtors, Inc.
List Price
$419,900
Sold Price
$436,000
Premium/Discount to List
$16,100
3.83%
Views
314

Purchase Details

Closed on
Oct 14, 2011
Sold by
Kust Mary Lou
Bought by
Rmkf Transition Trust

Purchase Details

Closed on
Feb 24, 1998
Sold by
Grenz Daniel T
Bought by
Grenz Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hanevold Troy D $436,000 Main Street Title Llc
Kust James P -- None Listed On Document
Rmkf Transition Trust -- None Available
Kust Mary Lou -- None Available
Grenz Daniel T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grenz Daniel T $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2023 10/08/23 Off Market $419,900 -- --
08/25/2023 08/25/23 For Sale $419,900 -- $140 / 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 $5,602 $454,300 $34,200 $420,100
2023 $9,841 $646,600 $111,000 $535,600
2022 $10,143 $646,600 $111,000 $535,600
2021 $9,615 $646,600 $111,000 $535,600
2020 $9,679 $646,600 $111,000 $535,600
2019 $9,990 $646,600 $111,000 $535,600
2018 $10,140 $646,600 $111,000 $535,600
2017 $10,417 $602,000 $98,600 $503,400
2016 $10,534 $602,000 $98,600 $503,400
2015 $10,475 $602,000 $98,600 $503,400
2014 $10,679 $570,300 $93,400 $476,900
2013 $10,679 $570,300 $93,400 $476,900
Source: Public Records

Agents Affiliated with this Home

  • Paul Liebe

    Seller's Agent in 2023

    Paul Liebe

    Lake Country Flat Fee

    (262) 447-0923

    20 in this area

    790 Total Sales

    Paul Liebe
    Section Image

  • M

    Buyer's Agent in 2023

    Mellody Giese

    Shorewest Realtors, Inc.

    (414) 587-1946

    2 in this area

    88 Total Sales

    Mellody Giese
    Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1847625

Metro MLS

APN: NBC-1238-003-001

Wisconsin Waukesha County New Berlin 53151

16705 W Observatory Rd Unit 7, New Berlin, WI

This home is located at 16705 W Observatory Rd Unit 7, New Berlin, WI 53151 since 23 August 2023 and is currently estimated at $463,000, approximately $154 per square foot. This property was built in 1998. 16705 W Observatory Rd Unit 7 is a home located in Waukesha County with nearby schools including Ronald Reagan Elementary School, Star Of Bethlehem Lutheran School, and Holy Apostles School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes