Edgewater Terrace 1707 N Prospect Ave Unit 16A Milwaukee, WI 53202
Lower East Side Neighborhood
2
Beds
2
Baths
1,255
Sq Ft
$683/mo
HOA Fee
Highlights
- Access To Lake
- Elevator
- Bathtub with Shower
- Golda Meir School Rated A-
- 1 Car Attached Garage
- En-Suite Primary Bedroom
About This Home
As of January 2025Experience luxury living on the 16th floor of this beautifully updated condo. This unit boasts breathtaking views of Lake Michigan through a full wall of windows spanning the living and dining areas, flooding the space with natural light. The open floor plan and modern updates create a sophisticated yet inviting ambiance. Laundry is available on the first floor and top floor. Featuring two spacious bedrooms, two updated bathrooms, and beautiful finishes throughout, this condo is designed for comfort and style. Secure parking in the basement is provided which adds additional safety and security. Whether you're relaxing at home or entertaining guests, the picturesque lake views serve as the perfect backdrop. Internet is included in the condo fee
Last Agent to Sell the Property
Homestead Realty, Inc License #58673-90 Listed on: 12/07/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,211
Year Built
- Built in 1967
HOA Fees
- $683 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- 1 to 5 Parking Spaces
Home Design
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- 1,255 Sq Ft Home
- 1-Story Property
Kitchen
- Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Primary Bathroom includes a Walk-In Shower
- Walk-in Shower
Outdoor Features
- Access To Lake
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Exclusions: Sellers Personal Property
Community Details
Overview
- 75 Units
- High-Rise Condominium
- Edgewood Terrace Condos
Amenities
- Laundry Facilities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2024
Closed on
Jan 17, 2025
Sold by
Jacklyn Justus Living Trust
Bought by
Malone Mary Jo and Malone Thomas O
Seller's Agent
Michael Borowski
Homestead Realty, Inc
Buyer's Agent
Duvall Group*
Keller Williams Realty-Milwaukee North Shore
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Views
55
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
-$1,037
Avg. Annual Appreciation
-2.25%
Original Mortgage
$200,000
Outstanding Balance
$199,619
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$141,017
Purchase Details
Closed on
Nov 3, 2020
Sold by
Holec Lisa and Monks Lisa
Bought by
Jacklyn Justus Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 26, 2018
Sold by
Msjd Properties Llc
Bought by
Monks Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
4.04%
Purchase Details
Closed on
Apr 27, 2009
Sold by
Doherty John V and Smarelli Mary J
Bought by
Msjd Properties Llc
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 |
|---|---|---|---|
| Deed | $345,000 | Superior Title | |
| Deed | $345,000 | Superior Title | |
| Condominium Deed | $292,500 | None Available | |
| Warranty Deed | $198,000 | None Available | |
| Warranty Deed | $280,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Closed | $200,000 | New Conventional | |
| Previous Owner | $192,500 | Credit Line Revolving | |
| Previous Owner | $148,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $345,000 | -1.4% | $275 / Sq Ft |
| 12/07/2024 12/07/24 | For Sale | $349,900 | -- | $279 / 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 | $6,730 | $309,600 | $6,800 | $302,800 |
| 2023 | $6,548 | $277,100 | $6,800 | $270,300 |
| 2022 | $6,283 | $277,100 | $6,800 | $270,300 |
| 2021 | $5,859 | $235,000 | $6,800 | $228,200 |
| 2020 | $5,891 | $235,000 | $6,800 | $228,200 |
| 2019 | $4,620 | $182,100 | $6,800 | $175,300 |
| 2018 | $4,482 | $182,100 | $6,800 | $175,300 |
| 2017 | $3,987 | $153,500 | $6,800 | $146,700 |
| 2016 | $4,051 | $148,700 | $6,800 | $141,900 |
| 2015 | -- | $148,700 | $6,800 | $141,900 |
| 2014 | -- | $132,300 | $6,800 | $125,500 |
| 2013 | -- | $132,300 | $6,800 | $125,500 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Michael Borowski
Homestead Realty, Inc
(414) 514-4699
3 in this area
872 Total Sales
-
D
Buyer's Agent in 2025
Duvall Group*
Keller Williams Realty-Milwaukee North Shore
9 in this area
398 Total Sales
About Edgewater Terrace
Map
Source: Metro MLS
MLS Number: 1901376
APN: 355-1341-100-4
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