NOT LISTED FOR SALE

Bay View Terrace 2525 S Shore Dr Unit 23B Milwaukee, WI 53207

Bay View Neighborhood

Estimated Value: $183,000 - $191,000

1 Bed
1 Bath
860 Sq Ft
$606/mo HOA Fee

Last Sold March 28, 2024

Last sale price $180,000 $209 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,891/month

2 Days on Market

Highlights

  • Building Security
  • Clubhouse
  • Community Pool
  • Golda Meir School Rated A-
  • Main Floor Primary Bedroom
  • 3-minute walk to Cupertino Park

About This Home

As of March 2024

Welcome home to affordable living by the lake! This unit offers fabulous high rise city views and a spacious bedroom with walk in closet. Ideal Bay View location close to Good Kind, Groppi's, Oakleaf Trail, South Shore Park, and so much more! Amenities include: onsite laundry, new elevators (2023), heated pool, and clubroom. 23B has been loved by the same owner for 44 years. Now is the time to add your personal touch and style!

Last Listed By

Casey Murdoch

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #87496-94 Listed on: 02/05/2024

Shorewest Realtors, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 1965

Lot Details

  • 1

HOA Fees

  • $606 Monthly HOA Fees

Home Design

  • Poured Concrete

Interior Spaces

  • 860 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Parking

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

Utilities

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

Listing and Financial Details

  • Exclusions: Chandelier in dining room

Community Details

Overview

  • 148 Units
  • High-Rise Condominium
  • Bay View Terrace Condos

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Building Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,708

Year Built

Built in 1965

Lot Details

0

HOA Fees

$606 per month

Listing Details

  • Prop. Type: Condo
  • Inclusions: Refrigerator, stove, dishwasher
  • New Construction: No
  • Year Built: 1965
  • Full Street Address: 2525 S Shore DRIVE #23B
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Has Basement: Full, Poured Concrete
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Walk-in closet(s)
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 860.00

Exterior Features

  • Exclusions: Chandelier in dining room
  • Exterior Building Type: Highrise: 6+ Stories
  • Exterior: Aluminum/Steel, Fiber Cement

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: Bay View Terrace
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 148

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RM7

Tax Info

  • Tax Year: 2022
  • Total Taxes: 2708.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 1, 2024
Sold by
Karian Eleanore
Bought by
Dailey Alexander J
Seller's Agent
Casey Murdoch
Shorewest Realtors, Inc.
Buyer's Agent
Cheryl Spychalla
First Weber Inc- Greenfield
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%
Total Days on Market
2
Views
585
Current Estimated Value
$185,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,846
Avg. Annual Appreciation
2.98%
Original Mortgage
$171,000
Outstanding Balance
$169,020
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$16,826

Range of Values:

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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
Dailey Alexander J $180,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dailey Alexander J $171,000
Previous Owner Karian Eleanore $55,000
Previous Owner Karian Eleanore $10,000
Previous Owner Karian Eleanore $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $180,000 +2.9% $209 / Sq Ft
02/08/2024 02/08/24 For Sale $175,000 -- $203 / 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
2023 $3,001 $127,000 $4,200 $122,800
2022 $2,708 $127,000 $4,200 $122,800
2021 $2,822 $119,400 $4,200 $115,200
2020 $2,866 $119,400 $4,200 $115,200
2019 $2,827 $118,300 $4,200 $114,100
2018 $2,831 $118,300 $4,200 $114,100
2017 $3,026 $118,300 $4,200 $114,100
2016 $3,178 $118,300 $4,200 $114,100
2015 -- $118,500 $4,200 $114,300
2014 -- $103,000 $4,200 $98,800
2013 -- $103,000 $4,200 $98,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Casey Murdoch

    Shorewest Realtors, Inc.

    (414) 322-1774

    3 in this area

    65 Total Sales

    Casey Murdoch
    Section Image
  • Cheryl Spychalla

    Buyer's Agent in 2024

    Cheryl Spychalla

    First Weber Inc- Greenfield

    (414) 870-1685

    6 in this area

    122 Total Sales

    Cheryl Spychalla
    Section Image
See All Agents

About Bay View Terrace

Map

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Source: Metro MLS

MLS Number: 1863704

Metro MLS

APN: 501-0592-000-5

Wisconsin Milwaukee County Milwaukee 53207 Bay View

2525 S Shore Dr Unit 23B, Milwaukee, WI

Homes for Sale in Milwaukee, WI

This home is located at 2525 S Shore Dr Unit 23B, Milwaukee, WI 53207 since 05 February 2024 and is currently estimated at $185,846, approximately $216 per square foot. This property was built in 1965. 2525 S Shore Dr Unit 23B is a home located in Milwaukee County with nearby schools including Milwaukee Spanish Immersion School - Upper Campus, Milwaukee German Immersion School, and Craig Montessori School.

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