NOT LISTED FOR SALE

1522 On the Lake 1522 N Prospect Ave Unit 1105 Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $705,000 - $941,000

2 Beds
2 Baths
1,759 Sq Ft
$865/mo HOA Fee

Highlights

  • Water Views
  • Access To Lake
  • Exercise Course
  • Golda Meir School Rated A-
  • Whirlpool Bathtub
  • Elevator

About This Home

1522 On the Lake. Highly sought after North/East corner unit. A MUST SEE, with 2 parking spaces #61-62. With spectacular views of Lake Michigan, this recently remodeled designer's home is a paradigm of Lower East Side living. With an open plan, this condo features floor to ceiling windows, luxury vinyl plank flooring, a state-of-the-art chef's kitchen, STUNNING quartzite countertops and a huge peninsula. Enjoy lattes on the balcony from the built-in Miele espresso machine, and evening sips from your own chic wine bar. Exquisitely updated bathroom, oversized bedrooms with walk in closets, and fireplace. Walking distance to Brady St, Oak Leaf trail, coffee shops, parks and the HOP for easy trips to Third Ward. Boutique concierge building w guest suite, gym and more. On-floor storage locker.

Last Agent to Sell the Property

Bob Selensky

Parkway Realty, LLC License #49937-90 Listed on: 08/31/2023

Last Buyer's Agent

Diane Drummy

Prestige Realty WI LLC License #56183-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,199

Year Built

  • Built in 2002

Lot Details

  • 610

HOA Fees

  • $865 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,759 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Outdoor Features

  • Access To Lake

Utilities

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

Listing and Financial Details

  • Exclusions: Seller's Personal Property

Community Details

Overview

  • 96 Units
  • High-Rise Condominium
  • On The Lake Condos

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,199

Year Built

Built in 2002

Lot Details

0

HOA Fees

$865 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Refrigerator, cooktop and downdraft fan, built-in oven, microwave, Miele built-in coffee maker, drawer freezer, wine refrigerator
  • New Construction: No
  • Year Built: 2002
  • AssociationCommonAmenities: Elevator, Exercise Room, Security
  • CondoFeeMonthly: 865.0
  • CondoUnitType: 1 Story
  • Full Street Address: 1522 N Prospect AVENUE #1105
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Property Water Features: Lake, View of Water
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Storage Lockers, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Whirlpool, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Shower Over Tub, 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: 13
  • Second Floor Total Sq Ft: 1759.00

Exterior Features

  • Exclusions: Seller's Personal Property
  • Exterior Features: Balcony, Patio/Porch
  • Exterior Building Type: Highrise: 6+ Stories
  • Exterior: Aluminum/Steel, Brick/Stone, Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Heated, Opener Included, Underground, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: Assigned

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: On the Lake
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 96

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RM7 Residential

Tax Info

  • Tax Year: 2022
  • Total Taxes: 15199.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 24, 2023
Sold by
Tomczek David G and Tomczek Janet A
Bought by
David G Tomezek And Janet A Tomezek Living Tr
Seller's Agent
Bob Selensky
Parkway Realty, LLC
Buyer's Agent
Diane Drummy
Prestige Realty WI LLC
List Price
$795,000
Sold Price
$795,000
Views
28
Current Estimated Value
$834,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,830
Avg. Annual Appreciation
2.39%

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 5, 2023
Sold by
Selensky Richard A and Selensky Lisa M
Bought by
Tomczek David G and Tomczek Janet A
Seller's Agent
Bob Selensky
Parkway Realty, LLC
Buyer's Agent
Diane Drummy
Prestige Realty WI LLC
List Price
$795,000
Sold Price
$795,000
Views
28

Purchase Details

Closed on
Jun 26, 2019
Sold by
Argenta Anne E
Bought by
Selensky Richard A and Selensky Lisa M

Purchase Details

Closed on
Oct 26, 2016
Sold by
Fargie William T and Fargie Frances H
Bought by
Argenta Anne E

Purchase Details

Closed on
May 30, 2007
Sold by
Lee Helge Krist and Lee Linda Diane
Bought by
Fargie William T and Fargie Frances H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2005
Sold by
The Dennis G Punches Revocable Trust
Bought by
Lee Helge Krist and Lee Linda Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 17, 2003
Sold by
1522 Partners Llc
Bought by
Punches Dennis
Source: Public Records

Range of Values:

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Average Value
Not Available
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
David G Tomezek And Janet A Tomezek Living Tr -- None Listed On Document
David G Tomezek And Janet A Tomezek Living Tr -- None Listed On Document
Tomczek David G $795,000 None Listed On Document
Tomczek David G $795,000 None Listed On Document
Selensky Richard A $557,500 None Available
Selensky Richard A $557,500 None Available
Argenta Anne E $575,000 None Available
Argenta Anne E $575,000 None Available
Fargie William T $635,000 Priority Title Corporation
Fargie William T $635,000 Priority Title Corporation
Lee Helge Krist $685,000 Milwaukee Title Closing Serv
Lee Helge Krist $685,000 Milwaukee Title Closing Serv
Punches Dennis $460,500 --
Punches Dennis $460,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fargie William T $508,000
Previous Owner Lee Helge Krist $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2023 10/15/23 Off Market $795,000 -- --
09/04/2023 09/04/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $795,000 -- $452 / 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 $18,308 $814,600 $16,500 $798,100
2023 $15,395 $651,500 $16,500 $635,000
2022 $15,199 $651,500 $16,500 $635,000
2021 $14,395 $559,900 $16,500 $543,400
2020 $14,576 $559,900 $16,500 $543,400
2019 $15,046 $579,800 $16,500 $563,300
2018 $14,935 $579,800 $16,500 $563,300
2017 $15,614 $574,600 $13,800 $560,800
2016 $14,190 $497,000 $13,800 $483,200
2015 -- $467,000 $13,800 $453,200
2014 -- $469,200 $13,800 $455,400
2013 -- $469,200 $13,800 $455,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bob Selensky

    Parkway Realty, LLC

    (414) 651-5546

    1 in this area

    285 Total Sales

    Bob Selensky
    Section Image
  • Diane Drummy

    Buyer's Agent in 2023

    Diane Drummy

    Prestige Realty WI LLC

    (414) 852-9209

    1 in this area

    53 Total Sales

    Diane Drummy
    Section Image
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About 1522 On the Lake

Map

Source: Metro MLS

MLS Number: 1848716

Metro MLS

APN: 359-1508-000-4

Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

1522 N Prospect Ave Unit 1105, Milwaukee, WI

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