NOT LISTED FOR SALE

857 E Reservoir Ave Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $723,000 - $835,000

2 Beds
3.5 Baths
3,032 Sq Ft
2,570 Sq Ft Lot Lot

Highlights

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

About This Home

This dramatic stand-alone town home condominium lives like a single family and has jaw-dropping views of Milwaukee's skyline and our rejuvenated river corridor. First floor open concept w/cherry HWFS and walls of windows is drenched in light. Large patio doors open to generous deck (w/water, gas and electric). Lower level features attached garage; drop zone; full timeless bath; laundry center; and, among this unit's best features: an acclimatized wine cellar. Luxe main suite w/WIC/WIS and relaxing, deep spa tub w/overhead rain shower. Top floor sports bar/office, family room w/wood stove and rooftop deck w/killer views. This home is set in a blue ribbon Beerline location w/access to Brady, the Riverwalk, the performing arts, Farmer's market and Music on the Hill. Join the city in motion!

Last Agent to Sell the Property

Jim Schleif

Shorewest Realtors, Inc. License #57036-94 Listed on: 09/02/2022

Shorewest Realtors, Inc.

Last Buyer's Agent

Caitlin Nankee

Shorewest Realtors, Inc. License #77061-94

Shorewest Realtors, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,298

Year Built

  • Built in 2008

Lot Details

  • 2,570

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage

Interior Spaces

  • 3,032 Sq Ft Home
  • Multi-Level Property
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

Overview

  • 16 Units
  • Mid-Rise Community
  • Park Terrace Bluff Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,298

Year Built

Built in 2008

Lot Details

2,570 Sq Ft Lot

HOA Fees

$575 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Oven, Range, Refrigerator, Disposal, Dishwasher, Microwave, Washer, Dryer, Bathroom Mirrors, Wine Cellar Bottle Racks, Wine Cellar Cooling Unit, Utility Shelves in Basement and Garage, All Items Transferred in ''As Is'' Condition.
  • Directions: Humboldt to Garfield west to Roks to the left to Reservoir to home at 857 E Reservoir St, Milwaukee
  • New Construction: No
  • Year Built: 2008
  • CondoFeeMonthly: 575.0
  • CondoUnitType: Multi-Level
  • Full Street Address: 857 E Reservoir Ave
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Other Rm1 Level: Lower
  • Other Rm1 Name: Other Room
  • Property Water Features: View of Water
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Ceramic Tile, Master Bedroom Bath, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Upper
  • Den Office Level: Upper
  • 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: 12
  • Second Floor Total Sq Ft: 3032.00

Exterior Features

  • Exterior Features: Patio/Porch, Private Entry
  • Exterior Building Type: Midrise: 3-5 Stories
  • Exterior: Fiber Cement

Garage/Parking

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

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

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RES

Tax Info

  • Tax Year: 2021
  • Total Taxes: 15298.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 5, 2022
Sold by
Vitek John
Bought by
Lenkiewicz Tom and Lenkiewicz Julie A
Seller's Agent
Jim Schleif
Shorewest Realtors, Inc.
Buyer's Agent
Caitlin Nankee
Shorewest Realtors, Inc.
List Price
$699,900
Sold Price
$690,000
Premium/Discount to List
-$9,900
-1.41%
Views
26
Current Estimated Value
$769,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,156
Avg. Annual Appreciation
3.10%
Original Mortgage
$517,500
Outstanding Balance
$497,918
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$271,238

Purchase Details

Closed on
Feb 21, 2008
Sold by
Park Terrace Llc
Bought by
Vitek John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.51%
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 Buyer Sale Price Title Company
Lenkiewicz Tom $690,000 --
Vitek John $657,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenkiewicz Tom $517,500
Previous Owner Vitek John $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2023 01/03/23 Off Market $699,900 -- --
09/08/2022 09/08/22 For Sale $699,900 -- $231 / Sq Ft
Source: Metro MLS

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 $16,522 $736,700 $31,600 $705,100
2023 $15,182 $642,500 $31,600 $610,900
2022 $14,985 $642,500 $31,600 $610,900
2021 $15,299 $594,300 $31,600 $562,700
2020 $15,293 $594,300 $31,600 $562,700
2019 $13,557 $473,900 $31,600 $442,300
2018 $12,032 $473,900 $31,600 $442,300
2017 $12,626 $469,900 $31,600 $438,300
2016 $13,127 $464,900 $31,600 $433,300
2015 $13,436 $464,900 $31,600 $433,300
2014 $13,854 $464,900 $31,600 $433,300
2013 -- $469,900 $31,600 $438,300
Source: Public Records

Agents Affiliated with this Home

  • Jim Schleif

    Seller's Agent in 2022

    Jim Schleif

    Shorewest Realtors, Inc.

    (414) 313-3346

    10 in this area

    200 Total Sales

    Jim Schleif
    Section Image
  • Caitlin Nankee

    Buyer's Agent in 2022

    Caitlin Nankee

    Shorewest Realtors, Inc.

    (414) 416-8098

    2 in this area

    171 Total Sales

    Caitlin Nankee
    Section Image
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Map

Source: Metro MLS

MLS Number: 1809597

Metro MLS

APN: 354-1753-000-0

Wisconsin Milwaukee County Milwaukee 53212 Riverwest

857 E Reservoir Ave, Milwaukee, WI

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