NOT LISTED FOR SALE

The Sterling 1550 E Royall Place Unit 605 Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $260,000 - $289,000

1 Bed
1 Bath
895 Sq Ft
218 Sq Ft Lot

Last Sold April 29, 2021

Last sale price $220,000 $246 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,872/month

22 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • 1 Car Attached Garage
  • Golda Meir School Rated A-
  • Property is near public transit
  • 1-Story Property

About This Home

As of April 2021

6th floor spacious 1BR condo, with floor to ceiling western facing views of downtown Milwaukee (gorgeous sunsets). Condo offers a private balcony, large bedroom with WIC, large bathroom with soaking tub. Open kitchen has stainless steel appliances, granite countertops. Washer, dryer, refrigerator are 1 yr old. Conveniently located in the heart of the lower Eastside near both Brady St and Lake Michigan. Large storage closet on same floor, and underground heated parking. Welcome home!

Last Agent to Sell the Property

Hoffmann Team*

RE/MAX Lakeside-Central License #54807-94 Listed on: 07/13/2023

RE/MAX Lakeside-Central

Last Buyer's Agent

Anthony Mancuso

Mahler Sotheby's International Realty License #59535-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,991

Lot Details

  • 218

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 895 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Listing and Financial Details

  • Exclusions: Seller's Personal Property
  • Assessor Parcel Number 3551644000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, trash, replacement reserve, common area insur

Amenities

  • Clubhouse

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,991

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominium
  • Inclusions: Oven/Range, Refrigerator, Disposal, Dishwasher, Microwave, Washer/Dryer, Bar attached to wall , Both TV's & TV mounts (Bedroom & Living Room), shelf above the main room TV and cabinet below TV, Soundbar (Living Room), Stools, Nest Thermostat, All Window Treatments
  • Unit Levels: One
  • General Property Information:Condominium Name: The Sterling
  • Property Information:Est Total Sq Ft: 895
  • Special Features: None

Interior Features

  • Appliances: Range, Oven, Refrigerator, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Accessibility Features: Elevator/Chair Lift, Full Bath on Main Level, Bedroom on Main Level, Laundry on Main Level
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exclusions: Seller's Personal Property
  • Construction Type: Brick, Aluminum/Steel

Garage/Parking

  • Garage Spaces: 1
  • Garage Type: Attached

Utilities

  • Sewer: Municipal Sewer

Condo/Co-op/Association

  • Amenities: Elevator(s), Near Public Transit, Clubhouse, Exercise Room
  • Association Fee: 370
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maint, Trash, Replacement Reserve, Common Area Insur

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Parcel #: 3551644000

Tax Info

  • Tax Annual Amount: 4991.46
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 6, 2023
Sold by
Jansen Austin
Bought by
Soto Erick
Seller's Agent
Hoffmann Team*
RE/MAX Lakeside-Central
Buyer's Agent
Anthony Mancuso
Mahler Sotheby's International Realty
List Price
$239,900
Sold Price
$239,900
Views
2
Current Estimated Value
$271,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,337
Avg. Annual Appreciation
5.90%
Original Mortgage
$189,600
Outstanding Balance
$185,533
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$85,704

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 9, 2021
Sold by
Henry Brandon and Dettlaff Jennifer
Bought by
Jansen Austin
Seller's Agent
Jennifer Muller
First Weber Inc - Brookfield
Buyer's Agent
Hoffmann Team*
RE/MAX Realty Pros~Milwaukee
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$176,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2016
Sold by
Kaplan Brett and Kaplan Kristine
Bought by
Henry Brandon and Dettlaff Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2006
Sold by
Royal Sterling Llc
Bought by
Kaplan Brett J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Soto Erick $239,900 None Listed On Document
Jansen Austin $220,000 None Available
Henry Brandon $175,000 Attorney
Kaplan Brett J $191,000 Clear Title East Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Erick $189,600
Previous Owner Jansen Austin $176,000
Previous Owner Henry Brandon $166,250
Previous Owner Kaplan Brett J $152,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2023 09/24/23 Off Market $239,900 -- --
07/13/2023 07/13/23 For Sale $239,900 +9.0% $268 / Sq Ft
04/29/2021 04/29/21 Sold $220,000 0.0% $246 / Sq Ft View Prior Sale
03/07/2021 03/07/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $220,000 -- $246 / 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 $5,422 $240,300 $4,600 $235,700
2023 $5,026 $212,700 $4,600 $208,100
2022 $4,991 $212,700 $4,600 $208,100
2021 $5,272 $203,300 $4,600 $198,700
2020 $5,245 $203,300 $4,600 $198,700
2019 $4,835 $175,500 $4,600 $170,900
2018 $4,474 $175,500 $4,600 $170,900
2017 $4,595 $171,000 $4,600 $166,400
2016 $4,833 $171,000 $4,600 $166,400
2015 -- $164,500 $4,600 $159,900
2014 -- $145,400 $4,600 $140,800
2013 -- $149,200 $4,600 $144,600
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hoffmann Team*

    RE/MAX Lakeside-Central

    (414) 897-0098

    8 in this area

    343 Total Sales

    Hoffmann Team*
    Section Image

  • A

    Buyer's Agent in 2023

    Anthony Mancuso

    Mahler Sotheby's International Realty

    (262) 313-7434

    2 in this area

    37 Total Sales

    Anthony Mancuso
    Section Image

  • J

    Seller's Agent in 2021

    Jennifer Muller

    First Weber Inc - Brookfield

    (414) 731-0594

    4 in this area

    81 Total Sales

    Jennifer Muller
    Section Image
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About The Sterling

Map

Source: Metro MLS

MLS Number: 1842191

Metro MLS

APN: 355-1644-000-5

Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

1550 E Royall Place Unit 605, Milwaukee, WI

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