Seller's Agent in 2023
Chris Corley
Corley Real Estate
(414) 708-6093
17 in this area
130 Total Sales
1522 On the Lake 1522 N Prospect Avenue North Ave N Unit 1804 Milwaukee, WI 53202
Lower East Side NeighborhoodEstimated Value: $1,460,000 - $1,585,725
3
Beds
3.5
Baths
4,241
Sq Ft
$2,129/mo
HOA Fee
Highlights
- Water Views
- Access To Lake
- Clubhouse
- Golda Meir School Rated A-
- Building Security
- 4-minute walk to Burns Commons
About This Home
Magnificent 2-story Penthouse with an oversized set back terrace that offers stunning views of Lake Michigan! This is a one-of-a-kind condo with custom designs throughout, leaving no details left unchecked. This unit offers 3 bedrooms, 3.5 bathrooms on over 4,200 square feet of living space with extra storage. Upon entering the spacious foyer through the double doors, you are welcomed into an open concept floor plan with soaring ceilings and continuous flow from kitchen to living room that makes an ideal space for entertaining. 1522 On the lake is a full-service building that offers concierge, security, guest suite, guest parking and is conveniently located on the lower east side with walking distance to the lakefront and museums.
Property Details
Home Type
- Condominium
Year Built
- Built in 2002
HOA Fees
- $2,129 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Heated Garage
Home Design
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- 4,241 Sq Ft Home
- 2-Story Property
Kitchen
- Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
- En-Suite Primary Bedroom
- Walk-In Closet
- Whirlpool Bathtub
- Primary Bathroom includes a Walk-In Shower
- Walk-in Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Access To Lake
Utilities
- Multiple cooling system units
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Heating System Uses Natural Gas
- Radiant Heating System
- High Speed Internet
Listing and Financial Details
- Exclusions: All sellers personal property including but not limited to all wall hanging art & media. Chair in office on upper level.
Community Details
Overview
- 99 Units
- High-Rise Condominium
- 1522 On The Lake Condos
Amenities
- Elevator
Recreation
- Exercise Course
Pet Policy
- Pets Allowed
Security
- Building Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 12, 2024
Sold by
Griffin Adrian and Griffin Kathy
Bought by
Dhillon Himmat S
Total Days on Market
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 12, 2023
Closed on
Sep 13, 2023
Sold by
Dunphy Patrick O and Dunphy Virginia M
Bought by
Griffin Adrian and Griffin Kathy
Seller's Agent
Chris Corley
Corley Real Estate
Buyer's Agent
lasharle borg
Compass RE WI-Northshore
List Price
$1,550,000
Sold Price
$1,300,000
Premium/Discount to List
-$250,000
-16.13%
Views
274
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$975,000
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 2003
Sold by
1522 Partners Llc
Bought by
Dunphy Patrick O and Dunphy Virginia M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dhillon Himmat S | $1,400,000 | None Listed On Document | |
| Griffin Adrian | $1,300,000 | Knight Barry Title | |
| Dunphy Patrick O | $1,139,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dhillon Himmat S | $1,035,000 | |
| Closed | Dhillon Himmat S | $1,025,000 | |
| Previous Owner | Griffin Adrian | $975,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2023 09/24/23 | Off Market | $1,550,000 | -- | -- |
| 07/12/2023 07/12/23 | For Sale | $1,550,000 | -- | $365 / Sq Ft |
Source: Metro MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $33,807 | $1,430,700 | $40,700 | $1,390,000 |
| 2022 | $33,997 | $1,430,700 | $40,700 | $1,390,000 |
| 2021 | $31,334 | $1,195,300 | $40,700 | $1,154,600 |
| 2020 | $31,203 | $1,195,300 | $40,700 | $1,154,600 |
| 2019 | $30,640 | $1,178,000 | $40,700 | $1,137,300 |
| 2018 | $30,413 | $1,178,000 | $40,700 | $1,137,300 |
| 2017 | $32,089 | $1,178,000 | $33,900 | $1,144,100 |
| 2016 | $30,896 | $1,079,000 | $33,900 | $1,045,100 |
| 2015 | -- | $1,079,000 | $33,900 | $1,045,100 |
| 2014 | -- | $1,079,000 | $33,900 | $1,045,100 |
| 2013 | -- | $1,060,200 | $33,900 | $1,026,300 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Corley
-
lasharle borg
l
Buyer's Agent in 2023
lasharle borg
Compass RE WI-Northshore
(414) 243-9836
4 in this area
362 Total Sales
About 1522 On the Lake
Map
Similar Homes in Milwaukee, WI
Source: Metro MLS
MLS Number: 1842022
APN: 359-1549-110-1
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