2 months on rocket

825 N Prospect Ave Unit 601, Milwaukee, WI, 53202

$1,990,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
3,999 SqFt
$498/SqFt
Condo
Schools Nearby

Location

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825 N Prospect Ave Unit 601, Milwaukee$1,990,000

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, Underground, 2 Car, Assigned
Attached Garage2 spaces
Year Built2007
HeatingCentral, Hot Water, Radiant, Natural Gas
CoolingCentral Air
WaterfrontLake Front
MLS #1863316
StatusActive

About 825 N Prospect Ave Unit 601

One of a kind residence in the prestigious University Club Tower. Breathtaking views of Lake Michigan, 4th of July fireworks, and the Air and Water show from one of the largest private balconies in the city. Arrive to the only unit on the 6th floor via direct elevator access. Amazing floor plan with open concept kitchen and living areas. Two private suites and a family room with attached office area. Den/flex room could be used as a 3rd bedroom. Custom programmable gallery lighting system. Two heated parking spaces and a private storage area are included, as well as a large extra storage area adjacent to the unit. Amenities include 24 hour security, concierge service, health club with lake views, meeting rooms, indoor lap pool, and dog friendly rooftop park with patio.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 3,999 SqFt

Listing Office:

  • Office Name: Milwaukee Executive Realty, LLC
  • Office Phone: (414) 273-8888
  • Listing Agent: Derek Grams

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven, Range, 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, 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

Municipality:

  • Milwaukee

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,990,000
  • Price Per SqFt: $498/SqFt

Tax Information:

  • Annual Amount: $46,773
  • 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 601 vs Milwaukee

84 DAYS ON ROCKET

+67 Days

$1,990,000

+$1.7M More

$498/SqFt

+$329 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $329/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: #1863316

Listing Office:

  • Office Name: Milwaukee Executive Realty, LLC
  • Office Phone: (414) 273-8888
  • Listing Agent: Derek Grams

© 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: 4/25/2024, 3:25:19 PM 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 30, 2018Home Sold
$2,000,000
Jan 25, 2007Home Sold
$1,799,500

Tax History

YEARPROP. TAXASSESSMENT
2020$46,773$1,597,100
2019$46,773$1,796,900
2018$44,566$1,725,000

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

$6,033

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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-74677
2
/10

  • Elm Creative Arts Elementary School

  • 900 W Walnut St

  • 1.45 miles

  • Public District Grades PK-5

school-card-donut-74678
2
/10

  • Fratney Elementary School

  • 3255 N Fratney St

  • 2.45 miles

  • Public District Grades PK-5

school-card-donut-74679
4
/10

  • Milwaukee French Immersion

  • 2360 N 52nd St

  • 4.21 miles

  • Public District Grades PK-5

Middle School

school-card-donut-74680
2
/10

  • Lincoln Middle School

  • 820 E Knapp St

  • 0.41 miles

  • Public District Grades 6-8

school-card-donut-74681
3
/10

  • Cass Street Elementary School

  • 1647 N Cass St

  • 0.69 miles

  • Public District Grades PK-8

school-card-donut-74682
3
/10

  • Roosevelt Middle School

  • 800 W Walnut St

  • 1.38 miles

  • Public District Grades 6-8

High School

school-card-donut-74683
2
/10

  • Bradley Technology High School

  • 700 S 4th St

  • 1.46 miles

  • Public District Grades 9-12

school-card-donut-74684
2
/10

  • Riverside High School

  • 1615 E Locust St

  • 2.01 miles

  • Public District Grades 9-12

school-card-donut-74685
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. The majority of Milwaukee, WI residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 825 N Prospect Ave Unit 601

What is the listing price of this property?

The listing price of 825 N Prospect Ave Unit 601 property is $1,990,000.

What type of property is this?

The property 825 N Prospect Ave Unit 601 is a condo located in Milwaukee, Wisconsin, 53202.

Is this property for sale now?

Active Listing: 825 N Prospect Ave Unit 601 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 601 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 $46,773 (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 30, 2018 for $2,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 825 N Prospect Ave Unit 601 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 601 is 3,999 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 825 N Prospect Ave Unit 601 is 2007.

Rocket Homes›Wisconsin›Milwaukee County›Milwaukee›53202›825 N Prospect Ave Unit 601

This home is located at 825 N Prospect Ave Unit 601 in Milwaukee, WI and zip code 53202 in the Juneau Town / East Town neighborhood. This 3,999 square foot home was built in 2007. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $1,990,000.

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. In March 2024 in Milwaukee, WI there were 13.1% more homes for sale than in February 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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