NOT LISTED FOR SALE

502 Laurel Lake Rd Unit 5 Thiensville, WI 53092

Estimated Value: $180,000 - $185,000

3 Beds
1.5 Baths
1,125 Sq Ft
$350/mo HOA Fee

Last Sold February 13, 2024

Last sale price $171,035 $152 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,444/month

4 Days on Market

Highlights

  • Waterfront
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Oriole Lane Elementary School Rated A+
  • Balcony
  • Walk-In Closet

About This Home

As of February 2024

Charismatic condo on Laurel Lake glows with the many updates done over the recent years! Located in top-notch Mequon-Thiensville school district, bring your belongings & move right into this spacious, open-concept unit w/lg balcony. Delightful kitchen seamlessly flows into the living space & dining. This layout is perfect for both entertaining & everyday living. Large windows invite an abundance of natural light throughout. How can one not enjoy the bright & airy ambiance this place offers?! 3 bedrooms featuring generous closet space. 2nd bedroom w/views of Lake. Updated full bathroom w/tasteful enhancements. The primary bedroom highlights WIC along w/a private half bath. Pet friendly bldg. 1 underground parking spot, separate storage space, + 1 surface parking spot reserved for unit.

Last Agent to Sell the Property

Alexis Ruzell

Coldwell Banker Realty License #56104-90 Listed on: 01/26/2024

Coldwell Banker Realty

Last Buyer's Agent

Chris Katzban

Coldwell Banker Realty License #81161-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1973

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Surface Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,125 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Schools

  • Homestead High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Shared Well

Additional Features

  • Balcony
  • Waterfront

Listing and Financial Details

  • Exclusions: seller's personal property
  • Seller Concessions Not Offered

Community Details

Overview

  • 16 Units
  • Laurel Lake Condos

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,446

Year Built

Built in 1973

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Inclusions: refrigerator, stove, dishwasher, microwave, disposal, window treatments, 1 EDO
  • Directions: Cedarburg Road/Main Street north to Heidel Road, east to Laurel Lake Road, building 502.
  • New Construction: No
  • Year Built: 1973
  • AssociationCommonAmenities: Laundry Facilities
  • CondoFeeMonthly: 350.0
  • CondoUnitType: 1 Story
  • Full Street Address: 502 Laurel Lake ROAD #5
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: Village
  • Property Water Features: Waterfrontage on Lot
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Window A/C
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, Storage Lockers, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Ceramic Tile, Master Bedroom Bath
  • Room Bedroom2 Level: Main
  • Bedroom 3 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: 1125.00

Exterior Features

  • Exclusions: seller's personal property
  • Exterior Features: Balcony
  • Exterior Building Type: 2 Story
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Underground, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: Assigned, Surface

Utilities

  • Water Waste: Municipal Sewer, Shared Well

Association/Amenities

  • Condominium Name: Laurel Lake
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 16

Schools

  • High School: Homestead
  • Junior High Dist: Mequon-Thiensville

Lot Info

  • Zoning: Res

Tax Info

  • Tax Year: 2023
  • Total Taxes: 1446.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Boris Nayshuler
Bought by
Boris Nayshuler
Current Estimated Value
$182,680

Purchase Details

Closed on
Feb 13, 2014
Sold by
Nayshuler Boris
Bought by
Rice Jeanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boris Nayshuler $72,900 Jason Martincic
Rice Jeanne $171,035 Wisconsin Title Service Compan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Price Changed $181,900 -2.7% $165 / Sq Ft
07/08/2025 07/08/25 For Sale $186,900 +9.3% $170 / Sq Ft
02/13/2024 02/13/24 Sold $171,035 -2.3% $152 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $175,000 -- $156 / 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 $1,596 $139,500 $10,400 $129,100
2023 $1,447 $139,500 $10,400 $129,100
2022 $1,171 $77,400 $8,000 $69,400
2021 $1,176 $77,400 $8,000 $69,400
2020 $1,235 $76,600 $8,000 $68,600
2019 $1,174 $76,600 $8,000 $68,600
2018 $1,163 $76,600 $8,000 $68,600
2017 $1,230 $76,600 $8,000 $68,600
2016 $1,220 $76,600 $8,000 $68,600
2015 $1,221 $76,600 $8,000 $68,600
2014 $1,710 $106,200 $10,000 $96,200
2013 $1,791 $106,200 $10,000 $96,200
Source: Public Records

Agents Affiliated with this Home

  • Rachel Mayer

    Seller's Agent in 2025

    Rachel Mayer

    Pleasant View Realty, LLC

    (920) 360-2335

    52 Total Sales

    Rachel Mayer
    Section Image
  • Alexis Ruzell

    Seller's Agent in 2024

    Alexis Ruzell

    Coldwell Banker Realty

    (414) 477-8177

    4 in this area

    64 Total Sales

    Alexis Ruzell
    Section Image

  • C

    Buyer's Agent in 2024

    Chris Katzban

    Coldwell Banker Realty

See All Agents

Map

Source: Metro MLS

MLS Number: 1862904

Metro MLS

APN: 120870502005

Wisconsin Ozaukee County Thiensville 53092

502 Laurel Lake Rd Unit 5, Thiensville, WI

Not Listed for Sale

Condos

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