NOT LISTED FOR SALE

Edge Condominiums 1902 N Commerce St Unit 501 Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $352,000 - $375,623

2 Beds
2 Baths
1,166 Sq Ft
$427/mo HOA Fee

Last Sold February 12, 2024

Last sale price $312,000 $268 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,998/month

55 Days on Market

Highlights

  • River Access
  • Exercise Course
  • Balcony
  • Golda Meir School Rated A-
  • Elevator
  • 5-minute walk to Kadish Park

About This Home

As of February 2024

Bright and spacious corner unit now available at The Edge! You will love the floor to ceiling windows and partial view of the river in this two bedroom/ two bathroom condo. The open concept living space with a large kitchen island and new refrigerator is all you need to host gatherings. Continue the festivities outdoors on the sunny, private balcony year round. With winter upon us, enjoy the convenience of a community fitness room as well as TWO parking spots in the attached heated garage. This move-in ready condo is complete with a new in-unit washer/ dryer and is a stone's throw from all the restaurants and live entertainment downtown has to offer!

Last Agent to Sell the Property

Heather Gierl

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #97900-94 Listed on: 11/07/2023

Shorewest Realtors, Inc.

Last Buyer's Agent

Jay Schmidt

Keller Williams Realty-Milwaukee North Shore License #57868-90

Keller Williams Realty-Milwaukee North Shore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,026

Year Built

  • Built in 2010

Lot Details

  • 566

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property
  • Dryer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • River Access

Utilities

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

Listing and Financial Details

  • Exclusions: Sellers' personal property.
  • Seller Concessions Not Offered

Community Details

Overview

  • High-Rise Condominium
  • The Edge Condominiums

Amenities

  • Elevator

Recreation

  • Exercise Course
  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,026

Year Built

Built in 2010

Lot Details

0

HOA Fees

$427 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Refrigerator, range, microwave, dishwasher, washer/dryer, tv mount in living room, stools in kitchen, table and chairs on balcony, shades and curtain rods.
  • Directions: 1902 N Commerce Street #501, Milwaukee, WI 53212
  • New Construction: No
  • Year Built: 2010
  • AssociationCommonAmenities: Elevator, Exercise Room, Walking Trail
  • CondoFeeMonthly: 427.0
  • CondoUnitType: 1 Story
  • Full Street Address: 1902 N Commerce STREET #501
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Property Water Features: River
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator
  • Has Basement: None / Slab
  • Interior Amenities: In-Unit Laundry, Pantry, Storage Lockers, Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, 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: 12
  • Second Floor Total Sq Ft: 1166.00

Exterior Features

  • Exclusions: Sellers' personal property.
  • Exterior Features: Balcony
  • Exterior Building Type: Highrise: 6+ Stories
  • Exterior: Brick, Brick/Stone, 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: The Edge Condominiums
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 1

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RED

Tax Info

  • Tax Year: 2022
  • Total Taxes: 7025.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 31, 2024
Sold by
Lodl Timothy W
Bought by
Wilson Grant and Jesberger Jason
Seller's Agent
Heather Gierl
Shorewest Realtors, Inc.
Buyer's Agent
Jay Schmidt
Keller Williams Realty-Milwaukee North Shore
List Price
$325,000
Sold Price
$312,000
Premium/Discount to List
-$13,000
-4%
Views
375
Current Estimated Value
$361,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,906
Avg. Annual Appreciation
9.95%
Original Mortgage
$252,000
Outstanding Balance
$249,044
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$111,369

Purchase Details

Closed on
Jul 13, 2017
Sold by
Orcholski Samuel S
Bought by
Lodi Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wilson Grant $315,000 None Listed On Document
Lodi Timothy W $275,000 Priority Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Grant $252,000
Previous Owner Lodl Timothy W $89,000
Previous Owner Lodl Timothy $206,185
Previous Owner Lodi Timothy W $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $312,000 -4.0% $268 / Sq Ft
11/07/2023 11/07/23 For Sale $325,000 -- $279 / 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 $7,192 $317,500 $15,500 $302,000
2023 $7,285 $308,300 $15,500 $292,800
2022 $7,026 $308,300 $15,500 $292,800
2021 $7,322 $290,700 $15,500 $275,200
2020 $7,348 $290,700 $15,500 $275,200
2019 $6,909 $271,900 $15,500 $256,400
2018 $6,805 $271,900 $15,500 $256,400
2017 $6,619 $249,900 $15,500 $234,400
2016 $6,955 $249,900 $15,500 $234,400
2015 -- $249,900 $15,500 $234,400
2014 -- $234,900 $15,500 $219,400
2013 -- $234,900 $15,500 $219,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Heather Gierl

    Shorewest Realtors, Inc.

    (414) 803-4548

    1 in this area

    20 Total Sales

    Heather Gierl
    Section Image

  • J

    Buyer's Agent in 2024

    Jay Schmidt

    Keller Williams Realty-Milwaukee North Shore

    (414) 517-7716

    37 in this area

    1,618 Total Sales

    Jay Schmidt
    Section Image
See All Agents

About Edge Condominiums

Map

Source: Metro MLS

MLS Number: 1856910

Metro MLS

APN: 354-1856-000-0

Wisconsin Milwaukee County Milwaukee 53202 Riverwest

1902 N Commerce St Unit 501, Milwaukee, WI

This home is located at 1902 N Commerce St Unit 501, Milwaukee, WI 53212 since 07 November 2023 and is currently estimated at $361,906, approximately $310 per square foot. This property was built in 2010. 1902 N Commerce St Unit 501 is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Milwaukee German Immersion School, and Craig Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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