NOT LISTED FOR SALE

1027 Albert St Racine, WI 53404

The 11th Ward Neighborhood

Estimated Value: $237,000 - $260,000

8 Beds
3 Baths
2,945 Sq Ft
$84/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $230,000 $78 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,704/month

6 Days on Market

About This Home

As of August 2024

IMMEDIATE CASH FLOW! Units 2 and 3 just remodeled. Two units are 3 bedrooms and one unit is 2 bedrooms. Unit 1 is a long term tenant and pays $1,000/month. Coin laundry in basement generates an additional $150/month. Storage space in basement for tenants use. Tenants pay electric and gas. Furnace 2004, Roof 2019, Windows 2004, 3 Water Tanks 2018, 2019 & 2020.

Last Agent to Sell the Property

Jacqueline Casino

Redfin Corporation License #87692-94 Listed on: 07/02/2024

Redfin Corporation

Last Buyer's Agent

Charles Clark

EXIT Realty Horizons-Tosa License #64545-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,929

Year Built

  • Built in 1890

Lot Details

  • 3,049

Interior Spaces

  • 2,945 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Additional Features

  • 3,049 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Tenants' personal property.
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,929

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Oven/Range (1), Refrigerator (1), Coin Operated Washers (2), Coin Operated Dryers (2)
  • Directions: South Marquette to Albert St east to property.169S 66E
  • New Construction: No
  • Year Built: 1890
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 1027 Albert STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer
  • Has Basement: Full
  • Second Floor Total Sq Ft: 2945.00

Exterior Features

  • Exclusions: Tenants' personal property.
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 3 - 4

Schools

  • Junior High Dist: Racine

Lot Info

  • Zoning: R3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 3929.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
Buchanan Nicholas and Buchanan Lindsay
Bought by
Pivotal Midwest Llc
Current Estimated Value
$248,231

Purchase Details

Listed on
Jul 2, 2024
Closed on
Jul 31, 2024
Sold by
Monk Will C and Monk Charlene E
Bought by
Buchanan Nicholas and Buchanan Lindsay
Seller's Agent
Jacqueline Casino
Redfin Corporation
Buyer's Agent
Charles Clark
EXIT Realty Horizons-Tosa
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Nov 6, 2007
Sold by
Monk Will C and Monk Charlene E
Bought by
Wm Management Group Llc Will C Monk Jr

Purchase Details

Closed on
Oct 31, 2005
Sold by
Rath Julie
Bought by
Monk Will C and Monk Charlene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,200
Interest Rate
5.89%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pivotal Midwest Llc -- None Listed On Document
Buchanan Nicholas $230,000 Fidelity Title
Wm Management Group Llc Will C Monk Jr $165,000 --
Monk Will C $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monk Will C $29,200
Previous Owner Monk Will C $116,800
Closed Wm Management Group Llc Will C Monk Jr $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Sold $230,000 +2.2% $78 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $225,000 -- $76 / 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
2024 $4,840 $177,900 $7,600 $170,300
2023 $4,571 $161,000 $7,600 $153,400
2022 $4,152 $146,000 $7,600 $138,400
2021 $4,250 $133,000 $7,600 $125,400
2020 $4,165 $133,000 $7,600 $125,400
2019 $5,210 $128,000 $7,600 $120,400
2018 $4,828 $118,000 $7,600 $110,400
2017 $3,908 $118,000 $7,600 $110,400
2016 $4,995 $112,000 $7,600 $104,400
2015 $5,575 $112,000 $7,600 $104,400
2014 $5,575 $112,000 $7,600 $104,400
2013 $5,575 $118,000 $11,400 $106,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2024

    Charles Clark

    EXIT Realty Horizons-Tosa

See All Agents

Map

Source: Metro MLS

MLS Number: 1882004

Metro MLS

APN: 276-000002147000

Wisconsin Racine County Racine 53404 The 11th Ward

1027 Albert St, Racine, WI

Not Listed for Sale

MultiFamily

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