NOT LISTED FOR SALE

1133 Lathrop Ave Racine, WI 53405

West Racine Neighborhood

Estimated Value: $218,000 - $295,000

-- Bed
-- Bath
2,523 Sq Ft
$104/Sq Ft Est. Value

About This Home

NOT your average duplex! This LOVELY BRICK home is PERFECT for that savvy Buyer who wants to live in one unit and have their mortgage paid by the second unit! H/W floors throughout BOTH units! Main floor (Unit 1) boasts a spacious LR with a beautiful floor to ceiling front window, PLUS a cozy natural FP! Formal DR can accommodate a LARGE table, and includes a lovely bench window seat! Very spacious EAT-IN kitchen w/plenty of cabinets and window over the sink! Upper (Unit 2) also has a spacious LR with gas FP, along with a large eat-in kitchen and 2 spacious BR's! BOTH units have ENORMOUS BA's! Walk-in closets in MOST BR's! Lovely spacious backyard is partially fenced! Enjoy your morning coffee in the screened porch! 2 car detached garage for your toys! Roof is 2 yrs NEW! NEW 100amp elec!

Last Agent to Sell the Property

Christina Graham

The Difference Real Estate, LLC Brokerage Email: christiegraham@christiegraham.com License #54967-90 Listed on: 09/11/2022

Last Buyer's Agent

Chris Veranth

Mahler Sotheby's International Realty License #50887-94

Mahler Sotheby's International Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,907

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 2,523 Sq Ft Home
  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction

Schools

  • Fratt Elementary School
  • Mitchell Middle School
  • Park High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: All OTHER Sellers' personal property not mentioned above.
  • Assessor Parcel Number 12413000

Property Details

Property Type

Other

Est. Annual Taxes

$4,907

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.18
  • Inclusions: 2 Refrigerators, 2 Oven/Ranges, 2 Microwaves, 1 Washer, 1 Dryer, All window treatments, Above ground pool.
  • Contingent: 2022-09-14
  • Directions: Lathrop Ave. just North of Washington Ave.
  • Attribution Contact: christiegraham@christiegraham.com
  • Property Information:Est Total Sq Ft: 2523
  • Special Features: None

Interior Features

  • Owner Pays: None
  • Has Basement: Full, Block, Dual Entry
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exclusions: All OTHER Sellers' personal property not mentioned above.
  • Construction Type: Brick, Partial-Stone, Partial-Aluminum

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Parking Features: Parking Space, Paved Driveway, Driveway Entrance
  • Garage Type: Detached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Elementary School: Fratt
  • Junior High Dist: Racine Unified
  • High School: Park
  • Middle Or Junior School: Mitchell

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 12413000

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4907
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2022
Closed on
Oct 14, 2022
Sold by
Valdez Lauren and Valdez Mark
Bought by
Jackson Robert Branden
Seller's Agent
Christina Graham
The Difference Real Estate, LLC
Buyer's Agent
Chris Veranth
Mahler Sotheby's International Realty
List Price
$224,900
Sold Price
$225,000
Premium/Discount to List
$100
0.04%
Views
23
Current Estimated Value
$261,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,421
Avg. Annual Appreciation
5.08%
Original Mortgage
$188,750
Outstanding Balance
$181,141
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$80,280

Purchase Details

Closed on
Jan 28, 2022
Sold by
Lauren Valdez
Bought by
Valdez Lauren and Valdez Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,925
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2015
Sold by
The Bank Of New York Mellon
Bought by
Kovac Lauren and Kovac Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,189
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2015
Sold by
Pedersen Scott V and Pedersen Donna C
Bought by
The Bank Of New York Mellon and Cwabs Inc
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
Jackson Robert Branden $225,000 None Listed On Document
Valdez Lauren $100 Boston National Title
Kovac Lauren $90,200 Fidelity National Title Insu
The Bank Of New York Mellon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Robert Branden $188,750
Previous Owner Valdez Lauren $111,925
Previous Owner Kovac Lauren $87,189
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2023 01/04/23 Off Market $224,900 -- --
10/04/2022 10/04/22 Pending -- -- --
09/11/2022 09/11/22 For Sale $224,900 -- $89 / 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 $5,432 $224,600 $27,000 $197,600
2023 $5,193 $205,000 $27,000 $178,000
2022 $4,797 $186,000 $27,000 $159,000
2021 $4,907 $169,000 $27,000 $142,000
2020 $4,798 $169,000 $27,000 $142,000
2019 $4,488 $159,000 $27,000 $132,000
2018 $4,310 $140,000 $27,000 $113,000
2017 $4,303 $140,000 $27,000 $113,000
2016 $4,031 $128,000 $27,000 $101,000
2015 $4,046 $128,000 $27,000 $101,000
2014 $4,046 $128,000 $27,000 $101,000
2013 $4,046 $138,000 $35,400 $102,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christina Graham

    The Difference Real Estate, LLC

    2 in this area

    98 Total Sales

    Christina Graham
    Section Image
  • Chris Veranth

    Buyer's Agent in 2022

    Chris Veranth

    Mahler Sotheby's International Realty

    (262) 995-5827

    23 in this area

    239 Total Sales

    Chris Veranth
    Section Image
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Map

Source: Metro MLS

MLS Number: 1810567

Metro MLS

APN: 276-000012413000

Wisconsin Racine County Racine 53405 West Racine

1133 Lathrop Ave, Racine, WI

This home is located at 1133 Lathrop Ave, Racine, WI 53405 since 11 September 2022 and is currently estimated at $261,421, approximately $103 per square foot. 1133 Lathrop Ave is a home located in Racine County with nearby schools including Fratt Elementary School, Jerstad-Agerholm Middle School, and Park High School.

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