1522 On the Lake 1522 N Prospect Ave Unit 201 Milwaukee, WI 53202
Lower East Side Neighborhood
2
Beds
2
Baths
1,571
Sq Ft
$875/mo
HOA Fee
Highlights
- Water Views
- Access To Lake
- Clubhouse
- Golda Meir School Rated A-
- Building Security
- Exercise Course
About This Home
As of July 2024Welcome to 1522 on the Lake Condominium. Located on a quiet part of Prospect and Walk-able to Everything East Side. This Condo is Very unique with many high end amenities. Community Room, Large Fitness, Sun Deck on Lake Side, Guest Suite, on site Maintenance, Management and the cities only concierge. All of this makes a huge Difference. Unit 201 is on the South end of the building facing South. This a relatively larger Space at 1571 soft floor-plan (attached). You will find 2 bedrooms and 2 full baths Large Windows offer a lot of light. Check it out today. Parking Unit 79. search YouTube for video: 1522 N Prospect Ave 201.
Last Agent to Sell the Property
Milwaukee Realty, Inc. License #51883-90 Listed on: 06/18/2024
Property Details
Home Type
- Condominium
Year Built
- Built in 2002
HOA Fees
- $875 Monthly HOA Fees
Parking
- Subterranean Parking
Home Design
- Brick Exterior Construction
- Wood Siding
- Stone Siding
Interior Spaces
- 1,571 Sq Ft Home
- 1-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Cooktop
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Access To Lake
Utilities
- Forced Air Heating System
- Heat Pump System
- Heating System Uses Natural Gas
- High Speed Internet
Community Details
Overview
- 99 Units
- High-Rise Condominium
- 1522 On The Lake Condos
Amenities
- Elevator
Recreation
- Exercise Course
- Trails
Pet Policy
- Pets Allowed
Security
- Building Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2024
Closed on
Jul 26, 2024
Sold by
Strombom Indiana
Bought by
Indiana Strombom Trust and Strombom
Seller's Agent
David Price
Milwaukee Realty, Inc.
Buyer's Agent
Lisa Ashley
Mahler Sotheby's International Realty
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,803
Avg. Annual Appreciation
5.96%
Purchase Details
Listed on
Jun 18, 2024
Closed on
Jul 6, 2024
Sold by
Khan Kazi Shakerullah
Bought by
Stromhom Indiana
Seller's Agent
David Price
Milwaukee Realty, Inc.
Buyer's Agent
Lisa Ashley
Mahler Sotheby's International Realty
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Views
14
Purchase Details
Listed on
Jan 4, 2021
Closed on
May 10, 2021
Sold by
Frankum Peggy
Bought by
Khan Kazi Shakerullah
Seller's Agent
Amelia Mesirow
Wiechmann Realty
Buyer's Agent
Paul Romuald
Milwaukee Realty, Inc.
List Price
$330,000
Sold Price
$330,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Purchase Details
Closed on
Feb 10, 2020
Sold by
Bauman Ruth Marie
Bought by
Frankum Peggy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 6, 2019
Sold by
Bauman Ruth Marie and Hutchinson Ruth B
Bought by
Bauman Ruth Marie
Purchase Details
Closed on
Oct 19, 2005
Sold by
Croke Jane E
Bought by
Hutchinson Ruth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 18, 2003
Sold by
1522 Partners Llc
Bought by
Croke Jane E
Similar Homes in Milwaukee, WI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $418,500 | None Listed On Document | |
| Condominium Deed | $330,000 | None Available | |
| Condominium Deed | $305,000 | Focus Title Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Condominium Deed | $338,000 | -- | |
| Condominium Deed | $298,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $270,400 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2024 07/11/24 | Sold | $420,000 | -3.4% | $267 / Sq Ft |
| 06/18/2024 06/18/24 | For Sale | $435,000 | +31.8% | $277 / Sq Ft |
| 05/11/2021 05/11/21 | Sold | $330,000 | 0.0% | $210 / Sq Ft |
| 04/12/2021 04/12/21 | Pending | -- | -- | -- |
| 01/04/2021 01/04/21 | For Sale | $330,000 | -- | $210 / Sq Ft |
Source: Metro MLS
Tax History Compared to Growth
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 | $11,143 | $465,200 | $15,800 | $449,400 |
| 2023 | $10,012 | $423,700 | $15,800 | $407,900 |
| 2022 | $10,016 | $423,700 | $15,800 | $407,900 |
| 2021 | $9,399 | $360,400 | $15,800 | $344,600 |
| 2020 | $9,502 | $360,400 | $15,800 | $344,600 |
| 2019 | $9,968 | $385,000 | $15,800 | $369,200 |
| 2018 | $9,895 | $385,000 | $15,800 | $369,200 |
| 2017 | $8,718 | $322,000 | $13,200 | $308,800 |
| 2016 | $7,224 | $246,000 | $13,200 | $232,800 |
| 2015 | -- | $246,000 | $13,200 | $232,800 |
| 2014 | -- | $268,000 | $13,200 | $254,800 |
| 2013 | -- | $215,200 | $13,200 | $202,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
David Price
Milwaukee Realty, Inc.
(414) 975-9059
22 in this area
85 Total Sales
-
Buyer's Agent in 2024
Lisa Ashley
Mahler Sotheby's International Realty
(414) 882-3535
17 in this area
113 Total Sales
-
A
Seller's Agent in 2021
Amelia Mesirow
Wiechmann Realty
(414) 303-6223
1 in this area
12 Total Sales
-
P
Buyer's Agent in 2021
Paul Romuald
Milwaukee Realty, Inc.
(920) 609-3046
2 in this area
2 Total Sales
About 1522 On the Lake
Map
Source: Metro MLS
MLS Number: 1880229
APN: 359-1451-100-1
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