$315,000
SOLD APR 9, 2021

1812 E Lafayette Place Unit 408 Milwaukee, WI 53202

Lower East Side Neighborhood
2 Beds
2 Baths
1,375 Sq Ft
$292/mo HOA Fee

Recently Sold

$229 Per Sq Ft

1 Day on Market

Highlights

  • Exercise Course
  • Elevator
  • Subterranean Parking
  • Golda Meir School Rated A-
  • Balcony
  • 2 Car Attached Garage

About This Home

As of April 2021

This sunny, spacious condo is going to check off everything on your must-have list! Open concept living room with sleek gas fireplace overlooking a kitchen that has been tastefully updated with all new stainless steel appliances, quartz countertops and breakfast bar. Owner's suite boasts large walk-in closet and updated full bath with new quartz vanity top, walk-in shower and tub. Guest bedroom adjacent to second, updated full bath. Brand new in-unit stacked washer & dryer. Private balcony with great view. Two heated, underground parking spaces, storage locker, and on site gym round out the inclusions in this pet-friendly building! Location cannot be beat: walking distance to cafes, restaurants, and the lakefront! Don't hesitate, schedule your showing now!

Last Agent to Sell the Property

Gary Gerhardt

RE/MAX Realty Pros~Brookfield License #14149-90 Listed on: 03/04/2021

Last Buyer's Agent

Jennifer Muller

First Weber Inc - Brookfield License #55240-94

First Weber Inc - Brookfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,171

Year Built

  • Built in 2003

HOA Fees

  • $292 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

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

$7,171

Year Built

Built in 2003

Lot Details

0

HOA Fees

$292 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Dishwasher, Refrigerator, Stove, Microwave, Washer, Dryer
  • Directions: Start on Prospect Ave, W on Lafayette Pl to Condo
  • New Construction: No
  • Year Built: 2003
  • AssociationCommonAmenities: Elevator, Exercise Room
  • CondoFeeMonthly: 292.0
  • CondoUnitType: 1 Story
  • Full Street Address: 1812 E Lafayette PLACE #408
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Has Basement: None / Slab
  • Interior Amenities: Storage Lockers, Walk-in closet(s)
  • Bathroom Description: Master Bedroom Bath: Tub/Shower Combo, Master Bedroom Bath, Shower Over Tub
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 13
  • 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, Underground, 2 Car
  • Garage Spaces: 2.0

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: RO2

Tax Info

  • Tax Year: 2020
  • Total Taxes: 7170.8

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
$372,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,666
Avg. Annual Appreciation
6.70%
Original Mortgage
$256,000
Outstanding Balance
$247,649
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$125,017

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 Type Sale Price Title Company
Deed $320,000 None Listed On Document
Condominium Deed $315,000 None Available
Condominium Deed $234,000 Knight Barry Title Inc
Condominium Deed $202,000 Priority Title Corporation
Condominium Deed $231,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,000 New Conventional
Previous Owner $187,200 New Conventional
Previous Owner $161,600 New Conventional
Previous Owner $219,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2024 $7,139 $315,200 $9,900 $305,300
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: 1729085

Metro MLS

APN: 356-1454-100-6