$545,000
SOLD AUG 15, 2024

101 Broad St Unit 501 Lake Geneva, WI 53147

2 Beds
2 Baths
1,238 Sq Ft
$602/mo HOA Fee

Recently Sold

$440 Per Sq Ft

19% Below List Price

119 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Community Indoor Pool
  • Building Security
  • Clubhouse
  • 2-minute walk to Flat Iron Park

About This Home

As of August 2024

A lake home that's carefree and convenient let's you focus on relaxation and fun! This 5th floor 2 bed/2bath condo provides the perfect option with its ideal location in downtown Lake Geneva just across from the lake.Tranquil views of the 2 acre property and the lake right from your private balcony. The expansive windows make the outdoors an integral part of the open airy great room w/huge kitchen island. Amenities at your fingertips in this secure gated community include indoor swimming pool, fitness room, sauna, tennis courts, lounge, playground, and sundeck.Say goodbye to the hassle of street parking with your own parking space in the secure garage with guest parking. Right outside your front door are shops, restaurants, parks, beach and numerous special events/festivals all 4 seasons!

Last Agent to Sell the Property

Karen Strey Rappaport

Geneva Lakefront Realty License #85394-94 Listed on: 04/10/2024

Last Buyer's Agent

Mary Black

RE/MAX Suburban-Lake Zurich License #58208-90

RE/MAX Suburban-Lake Zurich

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,013

Year Built

  • Built in 1972

Lot Details

  • Waterfront

HOA Fees

  • $602 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Balcony

Schools

  • Lake Geneva Middle School
  • Badger High School

Utilities

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

Community Details

Overview

  • 42 Units
  • High-Rise Condominium
  • Geneva Towers Condos

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Exercise Course
  • Community Indoor Pool

Pet Policy

  • Pets Allowed

Security

  • Building Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,013

Year Built

Built in 1972

Lot Details

0

HOA Fees

$602 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Inclusions: Dishwasher, Washer/Dryer, Microwave, Refrigerator, Oven/Range, Furniture, Private Storage Room
  • Directions: Located in downtown Lake Geneva across from The Riviera.
  • New Construction: No
  • Year Built: 1972
  • Full Street Address: 101 Broad STREET #501
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Property Water Features: Lake, View of Water, Deeded Water Access, Water Access/Rights, Waterfrontage on Lot
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Washer
  • Has Basement: Poured Concrete
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Storage Lockers
  • Bathroom Description: Tub Only, Ceramic Tile, Master Bedroom Bath: Tub/Shower Combo, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 15
  • Second Floor Total Sq Ft: 1238.00

Exterior Features

  • Exterior Features: Balcony, Patio/Porch
  • Exterior Building Type: Highrise: 6+ Stories
  • Exterior: Other

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Opener Included, Underground, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space, Assigned

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Geneva Towers
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 42

Schools

  • School District: Lake Geneva J1
  • Middle School: Lake Geneva
  • High School: Badger
  • High School: Badger
  • Junior High Dist: Lake Geneva J1

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Year: 2023
  • Total Taxes: 9013.3

MLS Schools

  • Middle School: Lake Geneva

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Aug 14, 2024
Sold by
Wynn Betty and Betty Johnson Revocable Trust
Bought by
Fragale Joseph and Fragale Josephine
Seller's Agent
Karen Strey Rappaport
Geneva Lakefront Realty
Buyer's Agent
Mary Black
RE/MAX Suburban-Lake Zurich
List Price
$669,000
Sold Price
$545,000
Premium/Discount to List
-$124,000
-18.54%
Total Days on Market
119
Views
211
Current Estimated Value
$560,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,940
Avg. Annual Appreciation
3.62%

Purchase Details

Closed on
Apr 5, 2022
Sold by
Ricard Johnson Betty
Bought by
Betty Johnson Revocable Trust

Purchase Details

Closed on
Jul 23, 2018
Sold by
Giesler James W and Giesler Beverly
Bought by
Johnson Betty Ricard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 6, 2008
Sold by
L & M Properties Llc
Bought by
Giesler James W and Giesler Beverly

Purchase Details

Closed on
Jul 31, 2006
Sold by
Shaw Doris M and Milhaupt Doris M
Bought by
L & M Properties Llc
Source: Public Records

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Range of Values:

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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
Deed $545,000 None Listed On Document
Deed -- Levun Goodman & Cohen Llp
Condominium Deed $370,000 None Available
Condominium Deed -- None Available
Condominium Deed $295,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $545,000 -9.0% $440 / Sq Ft
07/25/2024 07/25/24 Price Changed $599,000 -4.8% $484 / Sq Ft
06/12/2024 06/12/24 Price Changed $629,000 -4.0% $508 / Sq Ft
05/13/2024 05/13/24 Price Changed $655,000 -2.1% $529 / Sq Ft
04/10/2024 04/10/24 For Sale $669,000 -- $540 / 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 $7,701 $586,000 $70,000 $516,000
2023 $8,949 $703,500 $70,000 $633,500
2022 $7,323 $433,400 $45,000 $388,400
2021 $7,250 $433,400 $45,000 $388,400
2020 $6,924 $405,000 $45,000 $360,000
2019 $7,735 $405,000 $45,000 $360,000
2018 $7,931 $405,000 $45,000 $360,000
2017 $11,211 $542,900 $45,000 $497,900
2016 $11,473 $542,900 $45,000 $497,900
2015 $12,067 $542,900 $45,000 $497,900
2014 $10,996 $452,400 $45,000 $407,400
2013 $10,996 $476,200 $45,000 $431,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1870865

Metro MLS

APN: ZCNG00022