NOT LISTED FOR SALE

2042 E Lafayette Place Unit B Milwaukee, WI 53202

Northpoint Neighborhood

Estimated Value: $470,000 - $944,912

3 Beds
2.5 Baths
2,045 Sq Ft
$368/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $800,000 $391 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,071/month

4 Days on Market

Highlights

  • Balcony
  • 2.5 Car Attached Garage
  • En-Suite Primary Bedroom
  • Golda Meir School Rated A-
  • Walk-In Closet
  • 3-minute walk to Back Bay Park

About This Home

As of July 2021

Townhouse style condominium is professionally updated with luxurious finishes and an eye to detail. The home has incredible hardwood floors, custom millwork, glass door knobs, gas fireplaces with new mantles and marble tile, and many other updates seen on the attached upgrade list. The kitchen features a subzero refrigerator, stainless appliances, and granite counters. The master bathroom has a great soaking tub and walk in shower and an incredible skylight. Features front deck, private yard with a patio and a backyard deck with a beautiful garden and lawn. Plenty of parking with a 2.5 car garage, a parking pad and a shared extra parking spot. Set atop prestigious Lafayette Hill, this home is conveniently located steps away from the lakefront, marina, parks, and trails.

Last Agent to Sell the Property

Brian Fendry

Berkshire Hathaway Metro Lakes License #42820-90 Listed on: 05/29/2021

Last Buyer's Agent

Elsafy Team*

Shorewest Realtors, Inc. License #50874-90

Shorewest Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,237

Year Built

  • Built in 1989

Lot Details

  • 6,098

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Surface Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,045 Sq Ft Home
  • 2-Story Property

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Exclusions: washer, dryer, rubber floor mats in exercise room, all TV's and TV brackets
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Units
  • Marina Sound Condominium Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,237

Year Built

Built in 1989

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Refrigerator, stove, dishwasher, microwave, and custom top down and bottom up window shades
  • Directions: directly at the top of Lafayette hill. Weekends may be quicker to come to Lafayette from Prospect
  • New Construction: No
  • Year Built: 1989
  • AssociationCommonAmenities: Common Green Space
  • CondoFeeMonthly: 300.0
  • CondoUnitType: 2 Story
  • Full Street Address: 2042 E Lafayette PLACE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Has Basement: 8'+ Ceiling, Full, Poured Concrete
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Pantry, Skylight(s), Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Ceramic Tile, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Stall, Stubbed For Bathroom on Lower
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 13
  • Second Floor Total Sq Ft: 2045.00

Exterior Features

  • Exclusions: washer, dryer, rubber floor mats in exercise room, all TV's and TV brackets
  • Exterior Features: Balcony, Patio/Porch, Private Entry
  • Exterior Building Type: Side X Side
  • Exterior: Brick, Brick/Stone, Fiber Cement

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Opener Included, 2 Car
  • Garage Spaces: 2.5
  • Garage/Parking: Surface

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Marina Sound Condominium
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT2 Two family

Tax Info

  • Tax Year: 2020
  • Total Taxes: 16237.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Jul 30, 2021
Sold by
Ramig Eric and Decristoforo Jackie
Bought by
Alexander Paul J and Alexander Melissa E
Seller's Agent
Brian Fendry
Berkshire Hathaway Metro Lakes
Buyer's Agent
Elsafy Team*
Shorewest Realtors, Inc.
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$753,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,522
Avg. Annual Appreciation
-1.68%

Purchase Details

Closed on
Oct 9, 2018
Sold by
Ostema Jay E and Burrows Patricia E
Bought by
Ramig Eric and Decristoforo Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%

Purchase Details

Closed on
Oct 24, 2014
Sold by
Laatsch Ann E
Bought by
Ostema Iii Jay E

Purchase Details

Closed on
Mar 27, 2008
Sold by
Hunter Frances L
Bought by
Laatsch Ann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 2007
Sold by
Laatsch William G and Hunter Frances L
Bought by
Laatsch Ann E

Purchase Details

Closed on
May 7, 2005
Sold by
Laatsch Frances H
Bought by
Frances H Laatsch Revocable Trust

Purchase Details

Closed on
Mar 23, 2005
Sold by
Laatsch William G
Bought by
Laatsch William G and Laatsch Frances H

Purchase Details

Closed on
Oct 20, 2003
Sold by
Naughton Norman L and Cooper Naughton Vicki
Bought by
Laatsch William G and Laatsch Frances H

Purchase Details

Closed on
Jul 10, 1999
Sold by
Lies Brian P and Lies Valerie S
Bought by
Naughton Norman L and Cooper Naughton Vicki

Purchase Details

Closed on
May 8, 1997
Sold by
Scheid Terrance M and Scheid Mary Kay
Bought by
Lies Brian P and Lies Valerie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alexander Paul J $800,000 None Available
Ramig Eric $625,000 None Available
Ostema Iii Jay E $425,000 --
Laatsch Ann E -- None Available
Laatsch Ann E -- None Available
Frances H Laatsch Revocable Trust -- --
Laatsch William G -- --
Laatsch William G $499,000 --
Naughton Norman L $375,000 --
Lies Brian P $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramig Eric $480,000
Previous Owner Decristoforgialnd Jackie $484,000
Previous Owner Decristoforgialnd Jackie $98,000
Previous Owner Ramig Eric $500,000
Previous Owner Laatsch Ann E $100,000
Previous Owner Laatsch Ann E $68,000
Previous Owner Lies Brian P $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $800,000 0.0% $391 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $800,000 -- $391 / 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 $21,267 $943,700 $82,700 $861,000
2023 $19,292 $816,400 $82,700 $733,700
2022 $18,735 $800,000 $82,700 $717,300
2021 $16,247 $630,400 $82,700 $547,700
2020 $16,237 $630,400 $82,700 $547,700
2019 $16,064 $459,000 $82,700 $376,300
2018 $11,647 $459,000 $82,700 $376,300
2017 $12,328 $459,000 $82,700 $376,300
2016 $12,957 $459,000 $82,700 $376,300
2015 $13,210 $457,200 $82,700 $374,500
2014 -- $450,000 $82,700 $367,300
2013 -- $450,000 $82,700 $367,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1743302

Metro MLS

APN: 356-1322-000-1