NOT LISTED FOR SALE

2007 N Prospect Ave Unit 7 Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $231,000 - $257,000

2 Beds
1 Bath
1,017 Sq Ft
$281/mo HOA Fee

Last Sold November 10, 2021

Last sale price $195,000 $192 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,017/month

46 Days on Market

Highlights

  • Water Views
  • Balcony
  • 1-Story Property
  • Golda Meir School Rated A-
  • Bathtub with Shower
  • Laundry Facilities

About This Home

As of November 2021

Fantastic location for this east side 2 bedroom/1 bath condo! Historic building loaded with character is within walking distance to the lake, shops & restaurants. This sunny top floor unit boasts hardwood floors, crown molding, built-ins and balcony with both city and lake views! 1 deeded parking space in lot with additional visitor & street parking readily available. Basement laundry & storage locker. Condo dues include HEAT, water & sewer.

Last Agent to Sell the Property

Jessica Janssen

Design Realty, LLC License #58008-90 Listed on: 08/16/2021

Last Buyer's Agent

Lisa Loesel

Welcome Home Milwaukee License #59063-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,326

Year Built

  • Built in 1918

Lot Details

  • 915

HOA Fees

  • $281 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,017 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Parking

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

Outdoor Features

  • Balcony

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Exclusions: Seller's personal property

Community Details

Overview

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

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,326

Year Built

Built in 1918

Lot Details

0

HOA Fees

$281 per month

Listing Details

  • Prop. Type: Condo
  • Directions: Corner of N. Prospect & Lafayette. You can take Lincoln Memorial Drive to E Lafayette - go east on E Lafayette to N Prospect.
  • New Construction: No
  • Year Built: 1918
  • AssociationCommonAmenities: Laundry Facilities
  • CondoFeeMonthly: 281.0
  • CondoUnitType: 1 Story
  • Full Street Address: 2007 N Prospect Ave #7
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Property Water Features: View of Water
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Has Basement: Full
  • Interior Amenities: Storage Lockers
  • Bathroom Description: Ceramic Tile, Shower Over Tub
  • 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: 12
  • Second Floor Total Sq Ft: 1017.00

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: None
  • 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: 24

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Year: 2020
  • Total Taxes: 4326.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Nov 5, 2021
Sold by
Vaneerden Jane
Bought by
Pena Kayla and Eckhart Alexander
Seller's Agent
Jessica Janssen
Design Realty, LLC
Buyer's Agent
Lisa Loesel
Welcome Home Milwaukee
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$243,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,835
Avg. Annual Appreciation
5.60%
Original Mortgage
$185,250
Outstanding Balance
$170,506
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$69,075

Purchase Details

Closed on
Aug 3, 2015
Sold by
Saunders Christopher Peter
Bought by
Vaneerden Jane

Purchase Details

Closed on
Aug 23, 2013
Sold by
Petri Michael
Bought by
Saunders Christopher Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 10, 2010
Sold by
Stensberg Kristen A and Gries Kristen A
Bought by
Petri Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,850
Interest Rate
5.02%

Purchase Details

Closed on
Nov 15, 2002
Sold by
Wandsneider Russell L
Bought by
Stensberg Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,350
Interest Rate
6.38%

Purchase Details

Closed on
Jun 1, 1999
Sold by
Soik Peter S and Soik Tonya
Bought by
Wandsneider Russell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 10, 1999
Sold by
Soik Peter
Bought by
Soik Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pena Kayla $195,000 None Available
Vaneerden Jane $156,000 --
Saunders Christopher Peter $143,000 Accurate Title And Closings
Petri Michael K $150,400 Priority Title Corporation
Stensberg Kristen A $139,400 --
Wandsneider Russell L $118,900 --
Soik Tonya -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Kayla $185,250
Previous Owner Saunders Christopher Peter $128,700
Previous Owner Petri Michael K $119,000
Previous Owner Petri Michael K $142,850
Previous Owner Stensberg Kristen A $103,350
Previous Owner Wandsneider Russell L $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $195,000 0.0% $192 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $195,000 -- $192 / 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 $4,890 $217,100 $14,000 $203,100
2023 $4,421 $187,100 $14,000 $173,100
2022 $4,382 $187,100 $14,000 $173,100
2021 $4,534 $175,200 $14,000 $161,200
2020 $4,326 $175,200 $14,000 $161,200
2019 $3,971 $159,000 $14,000 $145,000
2018 $3,884 $159,000 $14,000 $145,000
2017 $3,832 $147,800 $14,000 $133,800
2016 $3,947 $145,100 $14,000 $131,100
2015 -- $145,100 $14,000 $131,100
2014 -- $145,100 $14,000 $131,100
2013 -- $134,500 $14,000 $120,500
Source: Public Records

Agents Affiliated with this Home

  • Jessica Janssen

    Seller's Agent in 2021

    Jessica Janssen

    Design Realty, LLC

    (920) 819-2158

    2 in this area

    527 Total Sales

    Jessica Janssen
    Section Image

  • L

    Buyer's Agent in 2021

    Lisa Loesel

    Welcome Home Milwaukee

See All Agents

Map

Source: Metro MLS

MLS Number: 1758389

Metro MLS

APN: 356-1217-000-0

Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

2007 N Prospect Ave Unit 7, Milwaukee, WI

This home is located at 2007 N Prospect Ave Unit 7, Milwaukee, WI 53202 since 16 August 2021 and is currently estimated at $243,835, approximately $239 per square foot. This property was built in 1918. 2007 N Prospect Ave Unit 7 is a home located in Milwaukee County with nearby schools including Cass Street School, Craig Montessori School, and Milwaukee German Immersion 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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