NOT LISTED FOR SALE

1409 N Prospect Ave Unit 405 Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $150,829 - $185,000

1 Bed
1 Bath
595 Sq Ft
$493/mo HOA Fee

Last Sold April 29, 2019

Last sale price $105,000 $176 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,598/month

4 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Elevator
  • Bathtub with Shower
  • Golda Meir School Rated A-
  • 1 Car Attached Garage
  • 2-minute walk to Burns Commons

About This Home

As of April 2019

Location, Location! This fabulous one-bedroom condo at the Fenwick is located just steps from the restaurants, entertainment & nightlife of Brady Street as well as lakefront attractions & summer festivals. The unit features an updated kitchen with beautiful cabinets, SS appliances & a tile backsplash. The living room basks with natural light & flows nicely into the dining area. The updated bath, generous sized bedroom, storage unit & underground parking space are also sure to please bonuses. If you're one to enjoy lounging outdoors, throwing a summer cookout or having the best seats to the Lakefront Fireworks, then you will LOVE the Fenwicks newly renovated rooftop deck with panoramic lake & city views!! Condo fees include heat, a/c, water & sewer. All furniture included! Book today!

Last Agent to Sell the Property

Caitlin Nankee

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #77061-94 Listed on: 05/31/2023

Shorewest Realtors, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,941

Year Built

  • Built in 1963

Lot Details

  • 479

HOA Fees

  • $493 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 595 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Exclusions: Seller's personal property; 3 acrylic paintings in bedroom

Community Details

Overview

  • 40 Units
  • Mid-Rise Condominium
  • Fenwick Condos

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,941

Year Built

Built in 1963

Lot Details

0

HOA Fees

$493 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Inclusions: Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, All Furniture
  • New Construction: No
  • Year Built: 1963
  • AssociationCommonAmenities: Elevator, Laundry Facilities
  • CondoFeeMonthly: 493.0
  • CondoUnitType: 1 Story
  • Full Street Address: 1409 N Prospect AVENUE #405
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Has Basement: None / Slab
  • Interior Amenities: Storage Lockers
  • Bathroom Description: Tub Only, Shower Over Tub
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 595.00

Exterior Features

  • Exclusions: Seller's personal property; 3 acrylic paintings in bedroom
  • Exterior Building Type: Midrise: 3-5 Stories
  • Exterior: Aluminum/Steel, Brick, Brick/Stone

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Fenwick
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 40

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RES

Tax Info

  • Tax Year: 2022
  • Total Taxes: 2941.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jun 22, 2023
Sold by
Kalmon Sarah M
Bought by
Stapleton Marita
Seller's Agent
Caitlin Nankee
Shorewest Realtors, Inc.
List Price
$150,000
Sold Price
$153,000
Premium/Discount to List
$3,000
2%
Views
295
Current Estimated Value
$162,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,457
Avg. Annual Appreciation
2.62%
Original Mortgage
$103,000
Outstanding Balance
$100,335
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$62,122

Purchase Details

Listed on
Jan 13, 2019
Closed on
Apr 24, 2019
Sold by
Meister David W
Bought by
Kalmon Sarah M
Seller's Agent
Roberta VanDuyse
North Shore Homes, Inc.
Buyer's Agent
Caitlin Nankee
Shorewest Realtors, Inc.
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$78,750
Interest Rate
4.2%

Purchase Details

Closed on
Jun 4, 2010
Sold by
Chadha Sharad
Bought by
Meister David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,550
Interest Rate
5.25%

Purchase Details

Closed on
May 28, 2004
Sold by
Antholine Michael E
Bought by
Chadha Sharad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
4%

Purchase Details

Closed on
Aug 14, 2001
Sold by
Merk David J
Bought by
Antholine Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
7.03%

Purchase Details

Closed on
Jul 27, 1998
Sold by
Forough Ali
Bought by
Merk David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
7.04%
Source: Public Records

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
Stapleton Marita $153,000 None Listed On Document
Kalmon Sarah M $105,000 Merit Title
Meister David W $109,500 Priority Title Corporation
Chadha Sharad $118,000 Priority Title Corporation
Antholine Michael E $75,000 --
Merk David J $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stapleton Marita $103,000
Previous Owner Kalmon Sarah M $78,750
Previous Owner Meister David W $98,550
Previous Owner Chadha Sharad $94,400
Previous Owner Antholine Michael E $72,750
Previous Owner Merk David J $45,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2023 07/09/23 Off Market $150,000 -- --
05/31/2023 05/31/23 For Sale $150,000 +42.9% $252 / Sq Ft
04/29/2019 04/29/19 Sold $105,000 0.0% $176 / Sq Ft View Prior Sale
03/23/2019 03/23/19 Pending -- -- --
01/13/2019 01/13/19 For Sale $105,000 -- $176 / 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 $3,063 $137,400 $7,300 $130,100
2023 $2,992 $126,600 $7,300 $119,300
2022 $2,941 $126,600 $7,300 $119,300
2021 $3,089 $120,200 $7,300 $112,900
2020 $3,070 $120,200 $7,300 $112,900
2019 $2,687 $104,000 $7,300 $96,700
2018 $2,624 $104,000 $7,300 $96,700
2017 $1,542 $59,200 $7,300 $51,900
2016 $1,624 $59,200 $7,300 $51,900
2015 -- $59,100 $7,300 $51,800
2014 -- $59,100 $7,300 $51,800
2013 -- $59,100 $7,300 $51,800
Source: Public Records

Agents Affiliated with this Home

  • Caitlin Nankee

    Seller's Agent in 2023

    Caitlin Nankee

    Shorewest Realtors, Inc.

    (414) 416-8098

    17 in this area

    185 Total Sales

    Caitlin Nankee
    Section Image

  • R

    Seller's Agent in 2019

    Roberta VanDuyse

    North Shore Homes, Inc.

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Map

Source: Metro MLS

MLS Number: 1836297

Metro MLS

APN: 359-1051-000-0

Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

1409 N Prospect Ave Unit 405, Milwaukee, WI

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