$495,000
SOLD JAN 24, 2025

204 W Reservoir Ave Milwaukee, WI 53212

Brewers Hill Neighborhood
-- Bed
-- Bath
3,980 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

3% Above List Price

5 Days on Market

About This Home

As of January 2025

Beautifully updated four unit is set proudly in Brewers Hill's Historic District. Each unit has identical floor plans featuring living rooms/dining rooms with built-ins, gleaming hardwood floors and the best of era charm. Three of the four units have updated kitchens with gorgeous maple cabinetry/solid surface counter tops. Many baths updated with custom tile. Each unit has its own furnace and central air. Three dormers have been re-shaked with new windows (2023). Building has newer roof, HVAC systems, newer H2O heaters. A beautiful yard is maintained by one of the tenants. Unit 3 is long term tenant. Rents have room to grow. Enjoy this meticulous property.

Last Agent to Sell the Property

Dui White

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #78514-94 Listed on: 12/13/2024

Shorewest Realtors, Inc.

Last Buyer's Agent

Jim Schleif

Shorewest Realtors, Inc. License #57036-94

Shorewest Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,802

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 3,980 Sq Ft Home
  • Brick Exterior Construction
  • Stucco Exterior

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Community Details

  • Operating Expense $18,651
  • Net Operating Income $29,949

Listing and Financial Details

  • Tenant pays for electricity, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 3531796000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,802

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.11
  • Inclusions: 4 Refrigerators, 4 Stoves, 3 Microwaves, 3 Dishwashers, 2 Washing Machines and 2 Dryers
  • Attribution Contact: PropertyInfo@shorewest.com
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Laundry Facilities, Brick, Full
  • Basement YN: Yes

Exterior Features

  • Construction Type: Stucco, Wood, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, Near Public Transit

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 3531796000

Rental Info

  • Tenant Pays: Electricity, Heat

Multi Family

  • Property Net Operating Income: 29949
  • Annual Operating Expense: 18651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Jan 22, 2025
Sold by
Bishop Charles D and Roffers Larry R
Bought by
204 Reservoir Llc
Seller's Agent
Dui White
Shorewest Realtors, Inc.
Buyer's Agent
Jim Schleif
Shorewest Realtors, Inc.
List Price
$479,000
Sold Price
$495,000
Premium/Discount to List
$16,000
3.34%
Views
21
Current Estimated Value
$525,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,753
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Jul 13, 2007
Sold by
Lewis Jeffrey A
Bought by
J Lewis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,212,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2006
Sold by
Lewis Jeffrey A
Bought by
Mckelvin Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
9.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2006
Sold by
Bell Benita
Bought by
Lewis Jeffrey A
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $495,000 None Listed On Document
Quit Claim Deed -- None Available
Condominium Deed $230,000 None Available
Condominium Deed $230,000 None Available
Warranty Deed $380,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,212,000 Commercial
Previous Owner $207,000 Purchase Money Mortgage
Previous Owner $218,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $495,000 +3.3% $124 / Sq Ft
12/20/2024 12/20/24 Off Market $479,000 -- --
12/16/2024 12/16/24 Pending -- -- --
12/11/2024 12/11/24 For Sale $479,000 -- $120 / 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 $6,802 $295,700 $45,200 $250,500
2023 $6,238 $264,000 $45,200 $218,800
2022 $6,213 $264,000 $45,200 $218,800
2021 $5,670 $214,500 $45,200 $169,300
2020 $5,538 $214,500 $45,200 $169,300
2019 $4,880 $190,000 $45,200 $144,800
2018 $4,849 $190,000 $45,200 $144,800
2017 $5,114 $190,000 $45,200 $144,800
2016 $5,843 $206,200 $45,200 $161,000
2015 $5,737 $198,200 $45,200 $153,000
2014 $5,860 $198,200 $45,200 $153,000
2013 -- $198,200 $45,200 $153,000
Source: Public Records

Agents Affiliated with this Home

  • Dui White

    Seller's Agent in 2025

    Dui White

    Shorewest Realtors, Inc.

    (414) 801-9929

    5 in this area

    103 Total Sales

    Section Image
  • Jim Schleif

    Buyer's Agent in 2025

    Jim Schleif

    Shorewest Realtors, Inc.

    (414) 313-3346

    12 in this area

    212 Total Sales

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Map

Source: Metro MLS

MLS Number: 1901902

Metro MLS

APN: 353-1796-000-8

Wisconsin Milwaukee County Milwaukee 53212 Brewers Hill

204 W Reservoir Ave, Milwaukee, WI

This home is located at 204 W Reservoir Ave, Milwaukee, WI 53212 and is currently priced at $495,000, approximately $124 per square foot. 204 W Reservoir Ave is a home with nearby schools including La Escuela Fratney, Milwaukee German Immersion School, and Craig Montessori 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.

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

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