NOT LISTED FOR SALE

1105 Washington Ave Unit 1105 Racine, WI 53403

Midtown Neighborhood

Estimated Value: $560,546

-- Bed
-- Bath
6,650 Sq Ft
$84/Sq Ft Est. Value

About This Home

WOW! What an amazing opportunity. 7 Apartments and a commercial space for sale. All apartments are currently rented. New boiler, updated apartments, newer roof and all appliances included. Commercial space has not been rented, owner has used space.

Last Agent to Sell the Property

Karen Sorenson

RE/MAX Newport Elite License #56787-90 Listed on: 05/03/2023

RE/MAX Newport Elite

Last Buyer's Agent

Garrin Horwitz

Hyperion Realty License #59562-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,486

Year Built

  • Built in 1926

Lot Details

  • 3,485 Sq Ft Lot

Interior Spaces

  • 6,650 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • West Ridge Elementary School
  • Mitchell Middle School
  • Case High School

Listing and Financial Details

  • Assessor Parcel Number 08633000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,486

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.08
  • Directions: Washington Ave (Hwy 20) east to property. Property on the left
  • Year Built: 1926
  • Special Features: None
  • Stories: 0

Interior Features

  • Has Basement: Full

Schools

  • Elementary School: West Ridge
  • High School: Case
  • Middle Or Junior School: Mitchell

Lot Info

  • Parcel #: 08633000
  • Zoning Description: Commercial
  • Zoning: Commercial

Tax Info

  • Tax Annual Amount: 6486.48
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Premium Properties Of Wi Llc
Bought by
Hyperion Properties Llc
Current Estimated Value
$560,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$346,405
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$214,141

Purchase Details

Closed on
Jan 27, 2017
Sold by
1442 North Farwell King Kong Invesments
Bought by
Premium Properties Of Wi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,250
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2015
Sold by
The Equitable Bank Ssb
Bought by
1442 North Farwell King Kong Investments

Purchase Details

Closed on
Aug 22, 2012
Sold by
Fine Properties Llc
Bought by
The Equitable Bank Ssb

Purchase Details

Closed on
Feb 6, 2007
Sold by
Moh Enterprises Llc
Bought by
Fine Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Del Norte Ref I Llc
Bought by
Moh Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hyperion Properties Llc $478,500 None Listed On Document
Premium Properties Of Wi Llc $107,000 Stewart Title Company Milwau
1442 North Farwell King Kong Investments -- None Available
The Equitable Bank Ssb -- None Available
Fine Properties Llc $325,000 --
Moh Enterprises Llc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyperion Properties Llc $355,000
Previous Owner Premium Properties Of Wi Llc $80,250
Previous Owner Fine Properties Llc $260,000
Previous Owner Moh Enterprises Llc $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2023 07/23/23 Off Market $475,000 -- --
05/06/2023 05/06/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $475,000 -- $71 / 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 $8,371 $305,000 $6,100 $298,900
2023 $7,414 $260,000 $6,100 $253,900
2022 $6,486 $226,000 $6,100 $219,900
2021 $7,145 $226,000 $6,100 $219,900
2020 $7,019 $226,000 $6,100 $219,900
2019 $6,545 $211,000 $6,100 $204,900
2018 $6,329 $189,000 $6,100 $182,900
2017 $7,171 $189,000 $6,100 $182,900
2016 $11,379 $180,000 $6,100 $173,900
2015 $8,292 $200,000 $6,100 $193,900
2014 $8,292 $200,000 $6,100 $193,900
2013 $8,292 $255,000 $7,100 $247,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1832775

Metro MLS

APN: 276-000008633000