NOT LISTED FOR SALE

851 E Reservoir Ave Unit 851 Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $626,000 - $910,000

3 Beds
3.5 Baths
3,220 Sq Ft
$604/mo HOA Fee

Last Sold May 03, 2024

Last sale price $605,000 $188 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,062/month

11 Days on Market

Highlights

  • Water Views
  • Balcony
  • Walk-In Closet
  • Golda Meir School Rated A-
  • 2.5 Car Attached Garage
  • En-Suite Primary Bedroom

About This Home

As of May 2024

Contemporary condo near Riverwalk in a tranquil, park-like setting. Enjoy expansive Milwaukee skyline and river views. Modern kitchen with sleek finishes, Sub-Zero fridge, and Gaggenau appliances, plus a walk-in pantry. The open floor-plan bathes in natural light through floor-to-ceiling windows with motorized blinds. Access your private wrap-around terrace through sliding glass doors, featuring a retractable electric awning.On the second floor, a guest bedroom or office offers a serene park view and a full bath. The master bedroom on the same level boasts city views, an ensuite bath, and a spacious walk-in closet. The third floor presents a versatile bonus room for your creative ideas. Host summer gatherings and enjoy fireworks on the private rooftop deck with city and river panoramas.

Last Listed By

Suzanne Powers Realty Group*

Powers Realty Group Brokerage Email: suzanne@powersrealty.com License #55380-90 Listed on: 02/19/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 2,701

HOA Fees

  • $604 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 3,220 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Water Softener

Community Details

Overview

  • 16 Units
  • Park Terrace Bluff Condos

Recreation

  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$604 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: All Appliances, Washer, Dryer
  • Directions: North Avenue to Humboldt - South to Garfield. West to Reservoir.
  • New Construction: No
  • Year Built: 2008
  • Full Street Address: 851 E Reservoir AVENUE
  • Type 5 Heat Fuel: Electric
  • Kitchen Level: Main
  • Municipality Type: City
  • Property Water Features: View of Water
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: 8'+ Ceiling, Finished, Full
  • Interior Amenities: Seller Leased: Water Softener, Water Filtration Rent, Cable/Satellite Available, Central Vacuum, High Speed Internet, In-Unit Laundry, Pantry, Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Ceramic Tile, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Lower
  • Dining Room Dining Room Level: Main
  • Family Room Level: Upper
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 14
  • Second Floor Total Sq Ft: 3220.00

Exterior Features

  • Exclusions: Water Softener
  • Exterior Features: Balcony, Patio/Porch, Private Entry
  • Exterior Building Type: 2 Story
  • Exterior: Fiber Cement

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Park Terrace Bluff
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 16

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RES

Tax Info

  • Tax Year: 2023
  • Total Taxes: 16893.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Apr 19, 2024
Sold by
Weidner James and Weidner Roseann
Bought by
Scott Jamie and Scott Tamela
Seller's Agent
Suzanne Powers Realty Group*
Powers Realty Group
Buyer's Agent
Brandyn Dietman
Premier Point Realty LLC
List Price
$589,900
Sold Price
$605,000
Premium/Discount to List
$15,100
2.56%
Total Days on Market
11
Views
149
Current Estimated Value
$729,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,545
Avg. Annual Appreciation
20.14%
Original Mortgage
$484,000
Outstanding Balance
$479,401
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$250,144

Purchase Details

Closed on
Nov 13, 2019
Sold by
Fox Jamie L
Bought by
Weidner Jams and Weidner Roseann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,250
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 31, 2015
Sold by
Scommegna Roger A and Scommegna Pamela
Bought by
Rust Fox Jamie L and Jamie L Fox Revocablet Rust

Purchase Details

Closed on
Dec 27, 2012
Sold by
Scommegna Lillian
Bought by
Scommegna Roger A

Purchase Details

Closed on
Oct 1, 2009
Sold by
Park Terrace Llc
Bought by
Scommegna Roger A and Scommegna Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving

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
Scott Jamie $605,000 None Listed On Document
Weidner Jams $697,500 Knight Barry Title Inc
Rust Fox Jamie L $611,000 None Available
Scommegna Roger A -- None Available
Scommegna Roger A $705,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Jamie $484,000
Previous Owner Weidner Jams $488,250
Previous Owner Scommegna Roger A $146,500
Previous Owner Scommegna Roger A $353,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $605,000 +2.6% $188 / Sq Ft
03/01/2024 03/01/24 For Sale $589,900 0.0% $183 / Sq Ft
02/29/2024 02/29/24 Price Changed $589,900 -- $183 / 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
2023 $16,964 $717,900 $31,600 $686,300
2022 $17,022 $717,900 $31,600 $686,300
2021 $17,854 $682,200 $31,600 $650,600
2020 $17,776 $682,200 $31,600 $650,600
2019 $17,525 $634,700 $31,600 $603,100
2018 $16,356 $634,700 $31,600 $603,100
2017 $17,124 $629,900 $31,600 $598,300
2016 $17,833 $623,900 $31,600 $592,300
2015 $16,054 $549,600 $31,600 $518,000
2014 $16,393 $549,600 $31,600 $518,000
2013 -- $549,600 $31,600 $518,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Suzanne Powers Realty Group*

    Powers Realty Group

  • B

    Buyer's Agent in 2024

    Brandyn Dietman

    Premier Point Realty LLC

    1 in this area

    30 Total Sales

    Brandyn Dietman
    Section Image
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Map

Source: Metro MLS

MLS Number: 1864952

Metro MLS

APN: 354-1752-000-5

Wisconsin Milwaukee County Milwaukee 53212 Riverwest

851 E Reservoir Ave Unit 851, Milwaukee, WI

Homes for Sale in Milwaukee, WI

This home is located at 851 E Reservoir Ave Unit 851, Milwaukee, WI 53212 since 19 February 2024 and is currently estimated at $729,545, approximately $226 per square foot. This property was built in 2008. 851 E Reservoir Ave Unit 851 is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

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