NOT LISTED FOR SALE

18550 W Observatory Rd New Berlin, WI 53146

Estimated Value: $650,000 - $861,000

4 Beds
3.5 Baths
1,966 Sq Ft
$384/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $560,000 $285 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,901/month

15 Days on Market

Highlights

  • 22.95 Acre Lot
  • Wooded Lot
  • 2.5 Car Attached Garage
  • Ronald Reagan Elementary School Rated A
  • Fenced Yard
  • Bathtub with Shower

About This Home

As of September 2021

Extremely rare opportunity!! New Berlin brick Ranch on over 22 acres. Your own private sanctuary complete with additional 5 car heated garage/office and out buildings. Property would be perfect for hobbyist, car enthusiast or mini farm to say the least. Grab your piece of paradise with truly endless possibilities! Easy to show. Contact listing agent with questions.

Last Listed By

Jeff Tekaver

Metro Realty Group License #31319-94 Listed on: 07/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,236

Year Built

  • Built in 1975

Lot Details

  • 22.95 Acre Lot
  • Fenced Yard
  • Wooded Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,966 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Patio
  • Utility Building

Farming

  • Hobby or Recreation Farm

Utilities

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

Listing and Financial Details

  • Exclusions: Sellers personal property,

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,236

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: All appliances.
  • New Construction: No
  • Year Built: 1975
  • Cleared Acreage: Over 20 to 40 acres
  • Architecture: Ranch
  • Full Street Address: 18550 W Observatory Rd
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 22.95
  • Municipality Type: City
  • Other Rm1 Level: Lower
  • Other Rm1 Name: Other Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Has Basement: Full, Partially Finished
  • Interior Amenities: Cable/Satellite Available, Central Vacuum, High Speed Internet
  • Bathroom Description: Ceramic Tile, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Lower
  • Dining Room Dining Room Level: Main
  • Family Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 13
  • Second Floor Total Sq Ft: 1966.00

Exterior Features

  • Exclusions: Sellers personal property,
  • Exterior Features: Patio, Fenced Yard
  • Exterior Building Type: 1 Story
  • Exterior: Aluminum/Steel, Aluminum, Brick, Brick/Stone
  • Out Buildings: Utility Building

Garage/Parking

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

Utilities

  • Water Waste: Private Septic System

Schools

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

Lot Info

  • Zoning: RES
  • Acreage Range: 20+
  • Lot Description: Horse Allowed, Hobby Farm, Wooded

Tax Info

  • Tax Year: 2020
  • Total Taxes: 7236.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 15, 2021
Sold by
Barton Trust
Bought by
Xiong William J and Xiong Jackie Xia
Seller's Agent
Jeff Tekaver
Metro Realty Group
Buyer's Agent
Nina Lyon-Halcomb
Lyon Realty, LLC - Milwaukee
List Price
$560,000
Sold Price
$560,000
Total Days on Market
15
Current Estimated Value
$755,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,326
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Mar 8, 2017
Sold by
Barton Dennis M
Bought by
Barton Dennis M and Dennis M Barton Revocable Trust

Range of Values:

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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
Xiong William J $560,000 1St Services Title
Barton Dennis M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $560,000 0.0% $285 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $560,000 -- $285 / 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 $8,081 $696,400 $271,100 $425,300
2023 $7,507 $503,300 $207,700 $295,600
2022 $7,759 $503,300 $207,700 $295,600
2021 $7,347 $503,300 $207,700 $295,600
2020 $7,407 $503,300 $207,700 $295,600
2019 $7,640 $503,300 $207,700 $295,600
2018 $7,758 $503,300 $207,700 $295,600
2017 $8,786 $454,900 $183,300 $271,600
2016 $7,834 $454,900 $183,300 $271,600
2015 $7,795 $454,900 $183,300 $271,600
2014 $7,941 $426,700 $171,900 $254,800
2013 $7,941 $426,700 $171,900 $254,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1754838

Metro MLS

APN: NBC-1234-998