NOT LISTED FOR SALE

1409 N Prospect Ave Unit 506 Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $134,915 - $153,000

1 Bed
1 Bath
580 Sq Ft
$398/mo HOA Fee

Last Sold April 11, 2022

Last sale price $115,000 $198 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,419/month

7 Days on Market

Highlights

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

About This Home

As of April 2022

Move-in ready condo offers a refreshed kitchen, updated bathroom, and an underground parking space. Unit also has updated flooring & fresh paint. Full size living room, dining room attached to kitchen, and spacious master bedroom. Recently upgraded rooftop terrace has amazing panoramic views of downtown Milwaukee & Lake Michigan - a great place to relax, grill, or watch fireworks during festival season. Unbeatable Lower East Side location - walk to Brady Street, Lake Michigan, parks, restaurants, and everything else downtown Milwaukee has to offer.

Last Agent to Sell the Property

Ryan Stefaniak

The Stefaniak Group, LLC License #78930-94 Listed on: 03/01/2022

Last Buyer's Agent

Jennifer Koutny

Keller Williams Realty-Milwaukee North Shore License #87138-94

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

Lot Details

  • 479

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 580 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: seller's personal property / tenant's personal property

Community Details

Overview

  • 40 Units
  • High-Rise Condominium
  • Fenwick Condos

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Building Security

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$398 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Inclusions: oven, fridge, dishwasher
  • Directions: just north of Ogden on Prospect Ave.
  • New Construction: No
  • Year Built: 1963
  • AssociationCommonAmenities: Elevator, Laundry Facilities, Security
  • CondoFeeMonthly: 398.0
  • CondoUnitType: 1 Story
  • Full Street Address: 1409 N Prospect AVE #506
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Storage Lockers, Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Ceramic Tile, Shower Over Tub
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 580.00

Exterior Features

  • Exclusions: seller's personal property / tenant's personal property
  • Exterior Building Type: Highrise: 6+ Stories
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Heated, 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

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: Res

Tax Info

  • Tax Year: 2021
  • Total Taxes: 2952.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2007
Sold by
Lau William A
Bought by
Mobley Jennifer
Current Estimated Value
$144,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$65,801
Interest Rate
6.2%
Estimated Equity
$76,262
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
Mobley Jennifer $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mobley Jennifer $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $115,000 0.0% $198 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $115,000 -- $198 / 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 $2,845 $127,900 $7,300 $120,600
2023 $2,819 $119,300 $7,300 $112,000
2022 $2,767 $119,300 $7,300 $112,000
2021 $2,952 $115,000 $7,300 $107,700
2020 $2,934 $115,000 $7,300 $107,700
2019 $3,021 $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

  • R

    Seller's Agent in 2022

    Ryan Stefaniak

    The Stefaniak Group, LLC

    (414) 881-5034

    4 in this area

    99 Total Sales

    Ryan Stefaniak
    Section Image

  • J

    Buyer's Agent in 2022

    Jennifer Koutny

    Keller Williams Realty-Milwaukee North Shore

See All Agents

Map

Source: Metro MLS

MLS Number: 1781988

Metro MLS

APN: 359-1058-100-5

Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

1409 N Prospect Ave Unit 506, Milwaukee, WI

This home is located at 1409 N Prospect Ave Unit 506, Milwaukee, WI 53202 since 01 March 2022 and is currently estimated at $144,979, approximately $249 per square foot. This property was built in 1963. 1409 N Prospect Ave Unit 506 is a home located in Milwaukee County with nearby schools including Cass Street School, Milwaukee German Immersion School, and Craig Montessori School.

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