Seller's Agent in 2024
Rachel Lang
Cove Realty, LLC
(262) 818-0554
8 in this area
149 Total Sales
1253 Grove Ave Racine, WI 53405
West Racine Neighborhood
5
Beds
2
Baths
1,666
Sq Ft
3,049
Sq Ft Lot
About This Home
As of November 2024PRICE 47K BELOW ASSESSED VALUE and offers great CURB APPEAL! If you're a savvy investor or a want to be homeowner with a vision, this property is your opportunity to create your dream home. Nestled in a friendly neighborhood this spacious 1666 sq ft, possible 5-bedroom, 2-bath home boasts tremendous potential. Don't wait to seize this exceptional opportunity to turn this property into the home of your dreams or a lucrative investment venture. Walk up attic offers additional 333 sq ft of possible living space.While the interior is an extensive project, the exterior of this home is in great condition, saving you time and money on exterior renovations. approx Roof 2012, WH 2020, Boiler 2014 Will not pass for FHA/VA Financing. Being sold AS IS with contents.
Last Agent to Sell the Property
Cove Realty, LLC License #82905-94 Listed on: 11/18/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1906
Lot Details
- 3,049 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Aluminum Trim
Interior Spaces
- 1,666 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- 2 Full Bathrooms
- Bathtub with Shower
Utilities
- Heating System Uses Natural Gas
- Radiant Heating System
Listing and Financial Details
- Exclusions: Car in garage
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Nov 20, 2024
Sold by
Rosales Ernesto and Rosales Leticia
Bought by
Reiney Manedra J and Rainey Khalif J
Seller's Agent
Rachel Lang
Cove Realty, LLC
Buyer's Agent
Enlighten Realty Group*
Keller Williams-MNS Wauwatosa
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,810
Avg. Annual Appreciation
2.23%
Original Mortgage
$240,159
Outstanding Balance
$239,290
Interest Rate
6.54%
Mortgage Type
FHA
Estimated Equity
$10,077
Purchase Details
Listed on
Nov 18, 2023
Closed on
Dec 29, 2023
Sold by
Maciel Julia and Maciel Donovan
Bought by
Rosales Ernesto and Rosales Leticia
Seller's Agent
Charlene Nikolai
Cove Realty, LLC
Buyer's Agent
Rachel Lang
Cove Realty, LLC
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%
Views
140
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
233.00%
Purchase Details
Closed on
Jul 18, 2016
Sold by
Ricchio Kathryn J
Bought by
Maciel Julia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,406
Interest Rate
3.25%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | None Listed On Document | |
| Warranty Deed | $245,000 | None Listed On Document | |
| Warranty Deed | $85,000 | Chicago Title | |
| Warranty Deed | $88,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,159 | FHA | |
| Closed | $240,159 | FHA | |
| Previous Owner | $86,406 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $245,000 | +2.1% | $98 / Sq Ft |
| 10/31/2024 10/31/24 | Off Market | $239,900 | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $239,900 | +182.2% | $96 / Sq Ft |
| 01/05/2024 01/05/24 | Sold | $85,000 | -10.5% | $51 / Sq Ft |
| 12/12/2023 12/12/23 | Pending | -- | -- | -- |
| 12/11/2023 12/11/23 | Price Changed | $95,000 | -5.0% | $57 / Sq Ft |
| 11/30/2023 11/30/23 | For Sale | $100,000 | 0.0% | $60 / Sq Ft |
| 11/19/2023 11/19/23 | Pending | -- | -- | -- |
| 11/18/2023 11/18/23 | For Sale | $100,000 | -- | $60 / Sq Ft |
Source: Metro MLS
Tax History Compared to Growth
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 | $1,896 | $85,000 | $15,100 | $69,900 |
| 2023 | $4,369 | $162,000 | $15,100 | $146,900 |
| 2022 | $4,971 | $147,000 | $15,100 | $131,900 |
| 2021 | $3,974 | $134,000 | $15,100 | $118,900 |
| 2020 | $3,656 | $134,000 | $15,100 | $118,900 |
| 2019 | $3,336 | $126,000 | $15,100 | $110,900 |
| 2018 | $3,236 | $110,000 | $15,100 | $94,900 |
| 2017 | $3,266 | $110,000 | $15,100 | $94,900 |
| 2016 | $3,029 | $100,000 | $15,100 | $84,900 |
| 2015 | $3,145 | $100,000 | $15,100 | $84,900 |
| 2014 | $3,145 | $100,000 | $15,100 | $84,900 |
| 2013 | $3,145 | $108,000 | $19,800 | $88,200 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Lang
-
Charlene Nikolai
Seller's Agent in 2024
Charlene Nikolai
Cove Realty, LLC
(262) 909-8106
6 in this area
279 Total Sales
-
Enlighten Realty Group*
Buyer's Agent in 2024
Enlighten Realty Group*
Keller Williams-MNS Wauwatosa
(262) 720-5678
1 in this area
78 Total Sales
Map
Source: Metro MLS
MLS Number: 1858075
APN: 276-000011893001
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