1 month on rocket

825 N Prospect Ave Unit 2502, Milwaukee, WI, 53202

$1,995,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
3,645 SqFt
$547/SqFt
Condo
Schools Nearby

Location

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825 N Prospect Ave Unit 2502, Milwaukee$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAttached, Heated, Opener Included, Underground, 2 Car, Assigned
Attached Garage2 spaces
Year Built2007
HeatingCentral, Hot Water, Radiant, Natural Gas
CoolingCentral Air
WaterfrontLake Front
MLS #1866964
StatusActive

About 825 N Prospect Ave Unit 2502

Lake Michigan and sweeping city views transform this light filled residence into a truly exceptional unit on the 25th floor of University Club Tower. At its heart, the chef's kitchen serves as a welcoming hub for socializing and culinary creativity, featuring ample space for casual dining, custom cabinetry, and an oversized pantry. The great room, highlighted by a gas fireplace, seamlessly transitions into the dining area. Spacious primary suite with designer closet and spa bath. Second en suite bedroom with walk-in closet. In-unit laundry, private storage and 2 parking spaces. Residents enjoy world-class amenities including 24-hour security, concierge service, fitness center with lap pool, community room with expansive outdoor terrace and 17,000 SF private rooftop park. Virtual staging.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 3,645 SqFt

Listing Office:

  • Office Name: Mahler Sotheby's International Realty
  • Office Phone: (414) 964-2000
  • Listing Agent: Peter Mahler Team*

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Wood
  • Interior: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Pantry, Storage Lockers, Walk-in closet(s), Wood or Sim.Wood Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • Exterior: Balcony, Private Entry

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Heated, Opener Included, Underground, 2 Car, Assigned

Utilities

Utilities Information:

  • Heating: Central, Hot Water, Radiant, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Bradley Technology High School, Public District Grades 9-12
  • Riverside High School, Public District Grades 9-12
  • Milwaukee High School of The Arts, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • Cass Street Elementary School, Public District Grades PK-8
  • Roosevelt Middle School, Public District Grades 6-8
  • Elm Creative Arts Elementary School, Public District Grades PK-5
  • Fratney Elementary School, Public District Grades PK-5
  • Milwaukee French Immersion, Public District Grades PK-5

Other

Directions Information:

  • Directions: On Prospect Avenue between Kilbourn and Wells

Municipality:

  • Milwaukee

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $547/SqFt

Tax Information:

  • Annual Amount: $47,386
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Milwaukee, WI.

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Milwaukee, WI

City

Med. Sold Price

$231.9K

Med. Price/SqFt

$169

Avg. Days On Market

17

# of Sold Homes

433

825 N Prospect Ave Unit 2502 vs Milwaukee

50 DAYS ON ROCKET

+33 Days

$1,995,000

+$1.7M More

$547/SqFt

+$378 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $378/SqFt more than other homes in Milwaukee, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1866964

Listing Office:

  • Office Name: Mahler Sotheby's International Realty
  • Office Phone: (414) 964-2000
  • Listing Agent: Peter Mahler Team*

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 4:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 16, 2018Home Sold
$1,650,000
Jun 15, 2007Home Sold
$1,856,700

Tax History

YEARPROP. TAXASSESSMENT
2020$47,386$1,580,000
2019$47,385$1,820,400
2018$42,626$1,650,000

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1030676
2
/10

  • Elm Creative Arts Elementary School

  • 900 W Walnut St

  • 1.45 miles

  • Public District Grades PK-5

school-card-donut-1030677
2
/10

  • Fratney Elementary School

  • 3255 N Fratney St

  • 2.45 miles

  • Public District Grades PK-5

school-card-donut-1030678
4
/10

  • Milwaukee French Immersion

  • 2360 N 52nd St

  • 4.21 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1030679
2
/10

  • Lincoln Middle School

  • 820 E Knapp St

  • 0.41 miles

  • Public District Grades 6-8

school-card-donut-1030680
3
/10

  • Cass Street Elementary School

  • 1647 N Cass St

  • 0.69 miles

  • Public District Grades PK-8

school-card-donut-1030681
3
/10

  • Roosevelt Middle School

  • 800 W Walnut St

  • 1.38 miles

  • Public District Grades 6-8

High School

school-card-donut-1030682
2
/10

  • Bradley Technology High School

  • 700 S 4th St

  • 1.46 miles

  • Public District Grades 9-12

school-card-donut-1030683
2
/10

  • Riverside High School

  • 1615 E Locust St

  • 2.01 miles

  • Public District Grades 9-12

school-card-donut-1030684
2
/10

  • Milwaukee High School of The Arts

  • 2300 W Highland Ave

  • 2.16 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,878. Residents of Milwaukee, WI typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 825 N Prospect Ave Unit 2502

What is the listing price of this property?

The listing price of 825 N Prospect Ave Unit 2502 property is $1,995,000.

What type of property is this?

The property 825 N Prospect Ave Unit 2502 is a condo located in Milwaukee, Wisconsin, 53202.

Is this property for sale now?

Active Listing: 825 N Prospect Ave Unit 2502 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 825 N Prospect Ave Unit 2502 are:
Elm Creative Arts Elementary School: GreatSchools Rating 2/10
Fratney Elementary School: GreatSchools Rating 2/10
Milwaukee French Immersion: GreatSchools Rating 4/10
Lincoln Middle School: GreatSchools Rating 2/10
Cass Street Elementary School: GreatSchools Rating 3/10
Roosevelt Middle School: GreatSchools Rating 3/10
Bradley Technology High School: GreatSchools Rating 2/10
Riverside High School: GreatSchools Rating 2/10
Milwaukee High School of The Arts: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $47,386 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 16, 2018 for $1,650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 825 N Prospect Ave Unit 2502 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 825 N Prospect Ave Unit 2502 is 3,645 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 825 N Prospect Ave Unit 2502 is 2007.

Rocket Homes›Wisconsin›Milwaukee County›Milwaukee›53202›825 N Prospect Ave Unit 2502

This home is located at 825 N Prospect Ave Unit 2502 in Milwaukee, WI and zip code 53202 in the Juneau Town / East Town neighborhood. This 3,645 square foot home was built in 2007. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $1,995,000.

In March 2024, from all listings sold in Milwaukee, WI there were more than 207 sold above asking price, over 168 sold below and more than 58 were sold right at the asked price. The number of listings in Milwaukee, WI increased by 13.1% between February 2024 and March 2024. Listings spent 17 days on the market in March 2024, and had a median list price of $231,980 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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