NOT LISTED FOR SALE

1812 E Lafayette Place Unit 408 Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $338,000 - $385,476

2 Beds
2 Baths
1,375 Sq Ft
$336/mo HOA Fee

Last Sold April 09, 2021

Last sale price $315,000 $229 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,954/month

6 Days on Market

Highlights

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

About This Home

As of April 2021

Location! Fourth floor CORNER UNIT of this boutique MKE condo at the top of Lafayette Hill! This north east facing condo is walking distance to Lake Michigan (sliver view of lake from unit's east window), restaurants, retail and downtown life. Condo home offers beautiful natural light and is open concept. Included are updated kitchen and 2 full baths with tile floor & quartz counters, hardwood floors, a gas fireplace (hidden electric above fireplace for your tv), spacious breakfast bar, wood doors, in-unit laundry, and easily accessible in-unit mechanicals. This unit also comes with 2 heated garage parking spaces (#44 & #45) and a storage unit (#13). This is a smaller building with a limited number of only 32 units. Private gym access included. Pets are welcome too! Professionally managed.

Last Agent to Sell the Property

Jennifer Muller

First Weber Inc - Brookfield License #55240-94 Listed on: 03/10/2023

First Weber Inc - Brookfield

Last Buyer's Agent

John Drain

Realty Executives Integrity NorthShore License #61968-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,420

Year Built

  • Built in 2003

Lot Details

  • 479

HOA Fees

  • $336 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,375 Sq Ft Home
  • 1-Story Property
  • Water Views

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Balcony

Utilities

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

Listing and Financial Details

  • Exclusions: Seller's personal property

Community Details

Overview

  • 32 Units
  • Mid-Rise Condominium
  • Lafayette Hill Condos

Amenities

  • Elevator

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,420

Year Built

Built in 2003

Lot Details

0

HOA Fees

$336 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Refrigerator, range, oven, microwave, dishwasher, washer, dryer*Association's Certificate of Insurance: To request, contact Mid-State Insurance Agent: Erica Joyce Phone: 262-241-0550 agency@midstateis.com
  • New Construction: No
  • Year Built: 2003
  • AssociationCommonAmenities: Elevator, Exercise Room
  • CondoFeeMonthly: 336.0
  • CondoUnitType: 1 Story
  • Full Street Address: 1812 E Lafayette PLACE #408
  • 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: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Storage Lockers, Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath, 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: 14
  • Second Floor Total Sq Ft: 1375.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior Features: Balcony
  • Exterior Building Type: Midrise: 3-5 Stories
  • Exterior: Brick, Brick/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: Lafayette Hill
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 32

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: R02

Tax Info

  • Tax Year: 2022
  • Total Taxes: 7420.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 12, 2023
Sold by
Elizabeth Connolly Borcik Living Trust
Bought by
Wedge Brandon D and Stepanek Haley J
Seller's Agent
Jennifer Muller
First Weber Inc - Brookfield
Buyer's Agent
John Drain
Realty Executives Integrity NorthShore
List Price
$320,000
Sold Price
$320,000
Views
252
Current Estimated Value
$361,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,619
Avg. Annual Appreciation
5.63%
Original Mortgage
$256,000
Outstanding Balance
$249,220
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$110,377

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 26, 2021
Sold by
Cassidy Kelsey and Cassidy Kelsey L
Bought by
Elizabeth Connolly Borcik Living Trust
Seller's Agent
Gary Gerhardt
RE/MAX Realty Pros~Brookfield
Buyer's Agent
Jennifer Muller
First Weber Inc - Brookfield
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.74%

Purchase Details

Closed on
Oct 28, 2016
Sold by
Kent Stephen B
Bought by
Cassidy Kelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Manuele Grace P and Stonehouse Grace P
Bought by
Kent Stephen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Lafayette Hill Llc
Bought by
Stonehouse Grace P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,500
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Wedge Brandon D $320,000 None Listed On Document
Elizabeth Connolly Borcik Living Trust $315,000 None Available
Cassidy Kelsey $234,000 Knight Barry Title Inc
Kent Stephen B $202,000 Priority Title Corporation
Stonehouse Grace P $231,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wedge Brandon D $256,000
Previous Owner Cassidy Kelsey $187,200
Previous Owner Kent Stephen B $161,600
Previous Owner Stonehouse Grace P $232,000
Previous Owner Stonehouse Grace P $219,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2023 06/04/23 Off Market $320,000 -- --
03/10/2023 03/10/23 For Sale $320,000 +1.6% $233 / Sq Ft
04/09/2021 04/09/21 Sold $315,000 0.0% $229 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $315,000 -- $229 / 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
2023 $7,436 $314,700 $9,900 $304,800
2022 $7,420 $314,700 $9,900 $304,800
2021 $7,206 $276,900 $9,900 $267,000
2020 $7,171 $276,900 $9,900 $267,000
2019 $6,806 $249,800 $9,900 $239,900
2018 $6,396 $249,800 $9,900 $239,900
2017 $6,746 $249,800 $9,900 $239,900
2016 $6,836 $240,800 $9,900 $230,900
2015 -- $223,000 $9,900 $213,100
2014 -- $215,100 $9,900 $205,200
2013 -- $215,100 $9,900 $205,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1826895

Metro MLS

APN: 356-1454-100-6