NOT LISTED FOR SALE

16755 Lake Rd Unit C Brookfield, WI 53005

Estimated Value: $495,000 - $592,000

3 Beds
3 Baths
1,903 Sq Ft
$295/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $505,000 $265 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,179/month

4 Days on Market

Highlights

  • Pond
  • Main Floor Bedroom
  • 2.5 Car Attached Garage
  • Swanson Elementary School Rated A+
  • Whirlpool Bathtub
  • Walk-In Closet

About This Home

As of May 2022

One party sold - For comp purposes only.

Last Agent to Sell the Property

Wendy Gahn-Ackley

First Weber Inc - Brookfield License #18877-90 Listed on: 04/08/2022

Last Buyer's Agent

The Baer Team*

First Weber Inc - Brookfield License #77419-94

First Weber Inc - Brookfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,522

Year Built

  • Built in 1991

Lot Details

  • 8,015

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,903 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Pond

Schools

  • Swanson Elementary School
  • Wisconsin Hills Middle School
  • Brookfield Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Refrigerator, Seller's Personal Property
  • Seller Concessions Not Offered

Community Details

Overview

  • 45 Units
  • Clearwater Lake Condos

Recreation

  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,522

Year Built

Built in 1991

Lot Details

0

HOA Fees

$510 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Oven/range, washer, dryer, microwave, garbage disposal, dishwasher
  • Directions: Calhoun Rd to Wisconsin Ave, E to Edgewater, North to Lake Rd
  • New Construction: No
  • Year Built: 1991
  • Full Street Address: 16755 Lake ROAD #C
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Property Water Features: Pond
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Washer
  • Has Basement: Block, Full
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Ceramic Tile, Whirlpool, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 17
  • Second Floor Total Sq Ft: 1903.00

Exterior Features

  • Exclusions: Refrigerator, Seller's Personal Property
  • Exterior Features: Patio/Porch, Private Entry
  • Exterior Building Type: Side X Side, 2 Story
  • Exterior: Brick, Brick/Stone, Wood

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Clearwater Lake
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 45

Schools

  • School District: Elmbrook
  • Elementary School: Swanson
  • Middle School: Wisconsin Hills
  • High School: Brookfield Central
  • Elementary School: Swanson
  • High School: Brookfield Central
  • Junior High Dist: Elmbrook

Lot Info

  • Zoning: Res

Tax Info

  • Tax Year: 2021
  • Total Taxes: 6522.0

MLS Schools

  • Middle School: Wisconsin Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 11, 2022
Sold by
Christopher Locke Randolph and Gra Marlise
Bought by
Hoerl Michael L and Schweitzer-Hoerl Mary Elaine
Seller's Agent
Wendy Gahn-Ackley
First Weber Inc - Brookfield
Buyer's Agent
The Baer Team*
First Weber Inc - Brookfield
List Price
$505,000
Sold Price
$505,000
Total Days on Market
4
Current Estimated Value
$561,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,055
Avg. Annual Appreciation
4.72%
Original Mortgage
$404,000
Outstanding Balance
$387,110
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$194,771

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 22, 2021
Sold by
Muscott Michael J and Muscott Marlene
Bought by
Locke Randolph Christopher and Locke Marlise Gray
Seller's Agent
Paula Hienz
First Weber Inc - Brookfield
Buyer's Agent
Wendy Gahn-Ackley
First Weber Inc - Brookfield
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.46%
Original Mortgage
$200,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2019
Sold by
Rippe Lynn
Bought by
Muscott Michael J and Muscott Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 1999
Sold by
Murray Richard C and Murray Alice M
Bought by
Rippe Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.28%
Source: Public Records

Range of Values:

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Average Value
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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
Hoerl Michael L $505,000 None Listed On Document
Locke Randolph Christopher $460,000 None Available
Muscott Michael J $405,000 None Available
Rippe Lynn $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoerl Michael L $404,000
Previous Owner Locke Randolph Christopher $200,000
Previous Owner Muscott Michael J $316,000
Previous Owner Muscott Michael J $324,000
Previous Owner Rippe Lynn K $170,200
Previous Owner Rippe Lynn $100,000
Previous Owner Rippe Lynn $196,000
Closed Rippe Lynn $24,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $505,000 0.0% $265 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $505,000 +9.8% $265 / Sq Ft
11/15/2021 11/15/21 Sold $460,000 0.0% $242 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $460,000 -- $242 / 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 $6,239 $555,800 $170,000 $385,800
2023 $5,992 $534,300 $170,000 $364,300
2022 $6,157 $429,200 $145,000 $284,200
2021 $6,522 $429,200 $145,000 $284,200
2020 $6,796 $429,200 $145,000 $284,200
2019 $6,531 $429,200 $145,000 $284,200
2018 $6,499 $415,200 $135,000 $280,200
2017 $7,429 $415,200 $135,000 $280,200
2016 $6,588 $415,200 $135,000 $280,200
2015 $6,548 $415,200 $135,000 $280,200
2014 $6,558 $415,200 $135,000 $280,200
2013 $6,793 $415,200 $135,000 $280,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1792614

Metro MLS

APN: BRC-1114-042