NOT LISTED FOR SALE

2007 N Prospect Ave Unit 28 Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $220,000 - $243,000

2 Beds
1 Bath
1,007 Sq Ft
$284/mo HOA Fee

Last Sold June 04, 2021

Last sale price $177,000 $176 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,899/month

17 Days on Market

Highlights

  • Exercise Course
  • Bathtub with Shower
  • Laundry Facilities
  • Golda Meir School Rated A-
  • 1-Story Property
  • High Speed Internet

About This Home

As of June 2021

This brilliant, two bedroom garden unit in historic Lanterne Court is your opportunity to own a prime location in Milwaukee's bustling Eastside. An open floorplan is highlighted by downtown loft influence with exposed piping, cream city brick walls with picture rail lathe, wood floor in living room and dining area, and arched windows with wood radiuses. Stylish kitchen with ample cabinetry comes outfitted with appliances. On-site laundry and workout space in common areas, and the condo fee includes heat, water, and sewer. A deeded parking space is included and super convenient. An affordable entry point into Eastside living close to the lake, parks, downtown, as well as shopping, dining, and nightlife. See today and let this unit in Lanterne Court be your beacon to the Eastside.

Last Agent to Sell the Property

John Newland

TerraNova Real Estate License #55028-90 Listed on: 03/19/2021

Last Buyer's Agent

Andrea Weisman

EXP Realty LLC-West Allis License #84296-94

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1918

Lot Details

  • 915

HOA Fees

  • $284 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Surface Parking
  • Assigned Parking
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,007 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller's personal property

Community Details

Overview

  • 28 Units
  • Mid-Rise Condominium
  • Lanterne Court Condos

Amenities

  • Laundry Facilities

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1918

Lot Details

0

HOA Fees

$284 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Inclusions: Refrigerator, oven/range, dishwasher, deeded parking space ''C''
  • Directions: Building is on corner of Prospect Ave and Lafayette Pl
  • New Construction: No
  • Year Built: 1918
  • AssociationCommonAmenities: Exercise Room, Laundry Facilities
  • CondoFeeMonthly: 284.0
  • CondoUnitType: 1 Story
  • Full Street Address: 2007 N Prospect AVENUE #28
  • 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, Range/Oven, Refrigerator
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Ceramic Tile, Shower Over Tub
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 1007.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior Building Type: Midrise: 3-5 Stories
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: None, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space, Assigned, Surface

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Lanterne Court
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 28

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RM7

Tax Info

  • Tax Year: 2020
  • Total Taxes: 4446.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jun 4, 2021
Sold by
Terzic Christopher
Bought by
Haskell Austin
Seller's Agent
John Newland
TerraNova Real Estate
Buyer's Agent
Andrea Weisman
EXP Realty LLC-West Allis
List Price
$177,000
Sold Price
$177,000
Current Estimated Value
$229,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,388
Avg. Annual Appreciation
5.85%
Original Mortgage
$166,380
Outstanding Balance
$151,291
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$73,667

Purchase Details

Closed on
Mar 26, 2018
Sold by
Jackson Michael L and Gruska Hillary D
Bought by
Terzic Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,590
Interest Rate
4.38%

Purchase Details

Closed on
Mar 15, 2011
Sold by
Bonk Andrea J and Bonk Andrew S
Bought by
Jackson Michael L and Gruszka Hillary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
4.92%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Bonk Andrea J and Novak Andrea J
Bought by
Bonk Andrea J and Bonk Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
5.9%

Purchase Details

Closed on
Jun 17, 2005
Sold by
San Diego Anna M
Bought by
Novak Andrea J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
5.75%

Purchase Details

Closed on
Dec 21, 1998
Sold by
Cashman Brendan H
Bought by
Sandiego Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
6.76%
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
Haskell Austin $177,000 None Available
Terzic Christopher $147,000 None Available
Jackson Michael L $123,000 Land Title Services
Bonk Andrea J -- Isr Title & Closing Svcs Llc
Novak Andrea J $132,000 --
Sandiego Anna M $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haskell Austin $166,380
Previous Owner Terzic Christopher $142,590
Previous Owner Jackson Michael L $105,000
Previous Owner Jackson Michael L $110,700
Previous Owner Bonk Andrea J $132,800
Previous Owner Novak Andrea J $105,600
Previous Owner Sandiego Anna M $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $177,000 0.0% $176 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $177,000 -- $176 / 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 $4,376 $206,900 $14,000 $192,900
2023 $4,364 $184,700 $14,000 $170,700
2022 $4,083 $184,700 $14,000 $170,700
2021 $4,409 $179,800 $14,000 $165,800
2020 $4,446 $179,800 $14,000 $165,800
2019 $3,659 $141,000 $14,000 $127,000
2018 $3,418 $141,000 $14,000 $127,000
2017 $3,387 $131,500 $14,000 $117,500
2016 $3,456 $128,000 $14,000 $114,000
2015 -- $128,000 $14,000 $114,000
2014 -- $128,000 $14,000 $114,000
2013 -- $122,100 $14,000 $108,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Newland

    TerraNova Real Estate

    (414) 852-0921

    2 in this area

    498 Total Sales

    John Newland
    Section Image

  • A

    Buyer's Agent in 2021

    Andrea Weisman

    EXP Realty LLC-West Allis

See All Agents

Map

Source: Metro MLS

MLS Number: 1731318

Metro MLS

APN: 356-1237-110-3

Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

2007 N Prospect Ave Unit 28, Milwaukee, WI

This home is located at 2007 N Prospect Ave Unit 28, Milwaukee, WI 53202 since 19 March 2021 and is currently estimated at $229,388, approximately $227 per square foot. This property was built in 1918. 2007 N Prospect Ave Unit 28 is a home located in Milwaukee County with nearby schools including Cass Street School, Craig Montessori School, and Milwaukee German Immersion School.

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