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18505 Elm Terrace Dr

Brookfield, WI 53045

4 bd 3 ba 2,762 sqft Built 1966 Lot 24,829 sqft single_family
Most recent sale
$500,000
Nov 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2024 Sold $810,000 MetroMLS
Apr 25, 2024 Listed $845,000 MetroMLS
Nov 30, 2023 Sold $500,000 MetroMLS
Sep 21, 2023 Listed $579,900 MetroMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $492,200 $135,000 $627,200 $7,273
2024 $354,600 $135,000 $489,600 $5,465
2023 $354,600 $135,000 $489,600 $5,467
2022 $273,600 $130,000 $403,600 $5,773
2021 $273,600 $130,000 $403,600 $6,114
2020 $273,600 $130,000 $403,600 $6,375
2019 $273,600 $130,000 $403,600 $6,125
2018 $242,400 $140,000 $382,400 $5,967
2017 $242,400 $140,000 $382,400 $5,966
2016 $242,400 $140,000 $382,400 $6,052
2015 $242,400 $140,000 $382,400 $6,017
2014 $242,400 $140,000 $382,400 $6,026
2013 $242,400 $140,000 $382,400 $6,242
2012 $242,400 $140,000 $382,400 $6,173
2010 $242,400 $140,000 $382,400 $6,302
2009 $242,400 $140,000 $382,400 $6,290
2008 $242,400 $140,000 $382,400 $6,224
2006 $242,400 $140,000 $382,400 $6,100

Property facts

Year built
1966
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,762 sqft
Lot size
24,829 sqft
ZIP code
53045
City
Brookfield
Street
Elm Terrace Dr
Coordinates
43.05563, -88.14246

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,143
Gross rental yield
9.94%
Implied cap rate
6.46%
Trend-extrapolated value

Frequently asked questions

When did 18505 Elm Terrace Dr last sell?
18505 Elm Terrace Dr most recently sold on Nov 30, 2023 for $500,000.
What is the current tax assessment for 18505 Elm Terrace Dr?
The most recent total assessment for 18505 Elm Terrace Dr (year 2025) is $627,200 with $7,273 in property tax.
How does 18505 Elm Terrace Dr's assessment compare to its last sale price?
The current assessment is 25.4% above the last sale price of $500,000.
When was 18505 Elm Terrace Dr built?
18505 Elm Terrace Dr was built in 1966.
How does 18505 Elm Terrace Dr compare to others on Elm Terrace Dr?
We track 7 other properties on Elm Terrace Dr. Browse the list under "Other properties on Elm Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 18505 Elm Terrace Dr?
18505 Elm Terrace Dr is a 4 bed, 3 bath, 2,762 sqft, 24,829 sqft lot single_family.
Is 18505 Elm Terrace Dr a flip candidate?
Yes — 18505 Elm Terrace Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 18505 Elm Terrace Dr a tax-appeal candidate?
No — 18505 Elm Terrace Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.7%
Implied 1-yr
+10.8%
2026 Q3
$676.5K
2026 Q4
$692.1K
ZIP 53045 — Median Price History + Forecast

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