$110,000
SOLD OCT 7, 2025

4050 W Rivers Edge Cir Unit 3 Milwaukee, WI 53209

2 Beds
1.5 Baths
1,100 Sq Ft
-- Built

Recently Sold

$100 Per Sq Ft

5% Above List Price

3 Days on Market

Highlights

  • 24-Hour Security
  • Property is near public transit
  • Tennis Courts
  • Clubhouse
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of October 2025

Discover Rivers Edge Living! Step into a spacious condo featuring 2 bedrooms and 1.5 baths across two levels of comfortable living. Upstairs: a master bedroom and a second bedroom, both connected by a shared full bath. This level also offers a screened-in balcony and floor-to-ceiling closets for added comfort and storage. Residents enjoy access to fantastic amenities within the condo association, including a pool, tennis courts, underground garage and clubhouse perfect for relaxation and recreation year-round.

Last Agent to Sell the Property

Angela Walters

EXP Realty, LLC~MKE License #56579-90 Listed on: 09/05/2025

EXP Realty, LLC~MKE

Last Buyer's Agent

Maripat Wilkinson

RE/MAX United - Cedarburg License #93959-94

RE/MAX United - Cedarburg

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,714

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Property is near public transit

Schools

  • Brown Deer Elementary School
  • Brown Deer High School

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Assessor Parcel Number 0110178

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include lawn maintenance, snow removal, water, sewer, pool service, common area maintenance, trash, replacement reserve, heat, common area insur

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,714

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominium
  • Inclusions: Stove, refrigerator, microwave, dishwasher
  • Unit Levels: Two
  • General Property Information:Condominium Name: Rivers Edge
  • Property Information:Est Total Sq Ft: 1100
  • Special Features: None

Interior Features

  • Appliances: Range, Oven, Refrigerator, Dishwasher, Microwave
  • Has Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exclusions: Seller's personal property
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Garage Type: Attached

Utilities

  • Sewer: Municipal Sewer

Condo/Co-op/Association

  • Amenities: Laundry, Security, Near Public Transit, Clubhouse, Outdoor Pool, Tennis Court(s), Common Green Space
  • Association Fee: 460
  • Association: Yes

Fee Information

  • Association Fee Includes: Other, Lawn Maintenance, Snow Removal, Water, Sewer, Pool Service, Common Area Maint, Trash, Replacement Reserve, Heat, Common Area Insur

Schools

  • Elementary School: Brown Deer
  • Junior High Dist: Brown Deer
  • High School: Brown Deer

Lot Info

  • Parcel #: 0110178

Tax Info

  • Tax Annual Amount: 1714.49
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2025
Closed on
Oct 6, 2025
Sold by
Skelton Mark J and Skelton Susan E
Bought by
Skelton Mark J and Skelton Susan E
Seller's Agent
Angela Walters
EXP Realty, LLC~MKE
Buyer's Agent
Maripat Wilkinson
RE/MAX United - Cedarburg
List Price
$104,900
Sold Price
$110,000
Premium/Discount to List
$5,100
4.86%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.16%
Original Mortgage
$88,000
Outstanding Balance
$88,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$17,748

Purchase Details

Closed on
Nov 17, 2008
Sold by
Skelton Susan E
Bought by
Skelton Susan E and Skelton Mark J

Purchase Details

Closed on
Nov 30, 2001
Sold by
Berland Sari E and Luber Sari E
Bought by
Skelton Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $110,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Condominium Deed $68,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $88,000 New Conventional
Previous Owner $50,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Sold $110,000 +4.9% $100 / Sq Ft
09/05/2025 09/05/25 For Sale $104,900 -- $95 / 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 $1,385 $99,900 $10,000 $89,900
2023 $1,385 -- -- --
2022 $1,385 $71,800 $10,000 $61,800
2021 $1,388 $66,500 $10,000 $56,500
2020 $1,435 $61,000 $10,000 $51,000
2019 $1,135 $45,000 $10,000 $35,000
2018 $1,513 $45,000 $10,000 $35,000
2017 $1,131 $45,000 $10,000 $35,000
2016 $1,147 $45,000 $10,000 $35,000
2015 $1,192 $45,000 $10,000 $35,000
2014 $1,781 $64,400 $11,000 $53,400
2013 $1,827 $64,400 $11,000 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1934081

Metro MLS

APN: 011-0178-000