$197,000
$28K PRICE DROP

502 Laurel Lake Rd Unit 5 Thiensville, WI 53092

Estimated payment $1,247/month

Total Views 14,881
3 Beds
1.5 Baths
1,102 Sq Ft
$179 Price per Sq Ft

Highlights

  • 1 Car Attached Garage
  • Oriole Lane Elementary School Rated A
  • 1-Story Property

About This Home

Charismatic condo on Laurel Lake glows with the many updates done the past year! 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, along w/ 1 surface parking spot reserved for unit.

Listing Agent

Rachel Mayer

Pleasant View Realty, LLC License #78173-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,864

Year Built

  • 1973

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,102 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Homestead High School

Utilities

  • Window Unit Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include lawn maintenance, snow removal, common area maintenance, replacement reserve, common area insur

Listing and Financial Details

  • Exclusions: <font color=green>Sellers Personal Property</font>
  • Assessor Parcel Number 120870502005

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,864

Year Built

1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominium
  • Inclusions: <font color=green>Refrigerator, Dishwasher, Stove/Range, A/C Units (2)</font>
  • Directions: Wauwatosa Road to W Freistadt Road, East to N Cedarburg Road, North to Heidel Road, East to Laurel Lake Road, North to Property (corner of Laurel Lake & Heidel)
  • Unit Levels: One
  • General Property Information:Condominium Name: Laurel Lake Condominium
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Appliances: Oven, Refrigerator, Dishwasher, Window A/C
  • Has Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exclusions: <font color=green>Sellers Personal Property</font>
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Garage Type: Attached

Utilities

  • Sewer: Municipal Sewer

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee: 500
  • Association: Yes

Fee Information

  • Association Fee Includes: Lawn Maintenance, Snow Removal, Common Area Maint, Replacement Reserve, Common Area Insur

Schools

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

Lot Info

  • Parcel #: 120870502005

Tax Info

  • Tax Annual Amount: 1863.89
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $197,000 -8.3% $179 / Sq Ft
03/27/2025 03/27/25 Price Changed $214,900 -4.5% $195 / Sq Ft
03/20/2025 03/20/25 For Sale $225,000 +31.6% $204 / 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

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $72,900 Jason Martincic
Warranty Deed $171,035 Wisconsin Title Service Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $73,400 New Conventional
Source: Public Records

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Source: Metro MLS

MLS Number: 1910630

Metro MLS

APN: 120870502005