$225,000
SOLD JAN 30, 2025

20748 W Margaret Ct New Berlin, WI 53146

1.06 Acres
$212,264 Price per Acre
46,174 Sq Ft Lot

Recently Sold

6% Below List Price

185 Days on Market

About This Lot

As of January 2025

Build your dream home on this exquisite 1.06 acre lot with partial exposure situated in prestigious Kohler Ridge Subdivision. Located just walking distance to the EXCLUSIVE Kohler Ridge private pond with a pier for fishing or enjoy the 3 miles of walking trails throughout the subdivision. Architectural guidelines ensure a cohesive and elegant aesthetic. Enjoy the serenity of natural countryside with urban conveniences. Perc test provided for you.

Last Agent to Sell the Property

Paula Bailey

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #52588-90 Listed on: 06/05/2024

Shorewest Realtors, Inc.

Last Buyer's Agent

Paula Bouxa-Klusmann

Shorewest Realtors, Inc. License #74931-94

Shorewest Realtors, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,468

Lot Details

  • 1.06 Acre Lot
  • Property fronts an easement

Schools

  • Ronald Reagan Elementary School
  • New Berlin West Middle School
  • New Berlin High School

Community Details

  • Kohler Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number NBC1228005

Property Details

Property Type

Land

Est. Annual Taxes

$2,468

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 1.06
  • Road Frontage Type: Town/City Road, Paved Road, Service-City/Village
  • Subdivision Name: Kohler Ridge
  • Directions: Racine Ave. to Swartz Rd. West to Margaret Ct. at 20748 West Margaret Court, New Berlin, WI 53146
  • Attribution Contact: PropertyInfo@shorewest.com
  • Special Features: None

Exterior Features

  • Topography: Level, Sloped
  • Other Structures: None

Utilities

  • Green Building Features: Near Recreation Area, Easement(s)
  • Electric: Underground Electric

Schools

  • Elementary School: Ronald Reagan
  • Junior High Dist: New Berlin
  • High School: New Berlin
  • Middle Or Junior School: New Berlin West

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 46173.6
  • Parcel #: NBC1228005

Tax Info

  • Tax Annual Amount: 2468
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jan 27, 2025
Sold by
Klepp Kevin and Klepp Nicole
Bought by
Klusmann William J and Bouxa-Klusmann Paula
Seller's Agent
Paula Bailey
Shorewest Realtors, Inc.
Buyer's Agent
Paula Bouxa-Klusmann
Shorewest Realtors, Inc.
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Views
94
Current Estimated Value
$231,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,333
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Oct 26, 2018
Sold by
Kohler Ridge Llc
Bought by
Klepp Kevin and Klepp Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,320
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 $225,000 None Listed On Document
Warranty Deed $167,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $134,320 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Sold $225,000 -5.9% --
01/15/2025 01/15/25 Off Market $239,000 -- --
06/05/2024 06/05/24 For Sale $239,000 -- --
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 $2,394 $205,000 $205,000 --
2023 $2,469 $163,900 $163,900 $0
2022 $2,562 $163,900 $163,900 $0
2021 $2,430 $163,900 $163,900 $0
2020 $2,433 $163,900 $163,900 $0
2019 $2,523 $163,900 $163,900 $0
2018 $2,559 $163,900 $163,900 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Bailey

    Seller's Agent in 2025

    Paula Bailey

    Shorewest Realtors, Inc.

    (262) 844-1320

    13 in this area

    69 Total Sales

    Paula Bailey
    Section Image
  • Paula Bouxa-Klusmann

    Buyer's Agent in 2025

    Paula Bouxa-Klusmann

    Shorewest Realtors, Inc.

    (414) 614-1507

    7 in this area

    72 Total Sales

    Paula Bouxa-Klusmann
    Section Image
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Map

Source: Metro MLS

MLS Number: 1878260

Metro MLS

APN: NBC-1228-005

Wisconsin Waukesha County New Berlin 53146

20748 W Margaret Ct, New Berlin, WI

Sold

Lots

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