1522 On the Lake 1522 N Prospect Ave Unit 1203 Milwaukee, WI 53202
Lower East Side Neighborhood
2
Beds
2
Baths
1,826
Sq Ft
610
Sq Ft Lot
Highlights
- Fitness Center
- 24-Hour Security
- Property is near public transit
- Golda Meir School Rated A-
- Open Floorplan
- 1 Car Attached Garage
About This Home
As of March 2025Fabulous luxury living at 1522 On The Lake. This 12th floor 2 bed/2 bath unit has a bright, open concept with spectacular city views and sunsets. Relax on your patio balcony and see the sunrise over Lake Michigan and the Milwaukee Marina. Storage locker conveniently located on the 12th floor, and one parking spot #135 deeded to unit. Owners enjoy security, concierge services, fitness room, 2nd floor lakefront patio, on site property management, and a community party room with outdoor seating and firepit.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,324
Year Built
- 2002
Parking
- 1 Car Attached Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,826 Sq Ft Home
- 1-Story Property
- Open Floorplan
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Location
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 3591512000
Community Details
Overview
- Property has a Home Owners Association
- Association fees include lawn maintenance, snow removal, water, sewer, recreation facility, common area maintenance, trash, replacement reserve, heat, common area insur
Recreation
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2025
Closed on
Mar 20, 2025
Sold by
Leon J Jackson Trust and Jackson Leon J
Bought by
Gutiontov Stanley I and Turner Katherine M
Seller's Agent
Danielle Turer
Coldwell Banker Realty
Buyer's Agent
Peter Eppen
The Wisconsin Real Estate Group
List Price
$534,000
Sold Price
$500,000
Premium/Discount to List
-$34,000
-6.37%
Total Days on Market
13
Views
49
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.11%
Original Mortgage
$400,000
Outstanding Balance
$400,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$138,076
Purchase Details
Closed on
Dec 5, 2018
Sold by
Jackson Leon J
Bought by
Leon J Jackson Trust
Purchase Details
Closed on
Jan 14, 2004
Sold by
Bachowski Philip L and Bachowski Mary M
Bought by
Jackson Leon J and Jackson Joan D
Map
About 1522 On the Lake
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Condominium Deed | $459,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $500,000 | -6.4% | $274 / Sq Ft |
| 01/15/2025 01/15/25 | For Sale | $534,000 | -- | $292 / Sq Ft |
Source: Metro MLS
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 |
|---|---|---|---|---|
| 2023 | $12,082 | $511,300 | $17,600 | $493,700 |
| 2022 | $12,102 | $511,300 | $17,600 | $493,700 |
| 2021 | $11,225 | $429,900 | $17,600 | $412,300 |
| 2020 | $10,991 | $429,900 | $17,600 | $412,300 |
| 2019 | $10,457 | $411,000 | $17,600 | $393,400 |
| 2018 | $10,567 | $411,000 | $17,600 | $393,400 |
| 2017 | $11,571 | $426,500 | $14,700 | $411,800 |
| 2016 | $10,717 | $376,000 | $14,700 | $361,300 |
| 2015 | -- | $376,000 | $14,700 | $361,300 |
| 2014 | -- | $341,400 | $14,700 | $326,700 |
| 2013 | -- | $341,400 | $14,700 | $326,700 |
Source: Public Records
Source: Metro MLS
MLS Number: 1904080
APN: 359-1512-000-6
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