C
Seller's Agent in 2025
Corina Eufinger
Premier Point Realty LLC
(920) 545-5305
1 in this area
1 Total Sale
1312 Center St Racine, WI 53403
School Section-Towerview Neighborhood
--
Bed
--
Bath
--
Sq Ft
4,792
Sq Ft Lot
About This Home
As of July 2025INVESTOR ALERT! Great opportunity to own a well-maintained 3-unit building at 1312 Center Street in Racine! This property boasts monthly GROSS rents of $2,550 and significant recent updates, including a BRAND NEW ROOF! The property also features a new sewer line that extends approximately 15 feet beyond the building and into the basementa valuable and costly upgrade. You'll also appreciate the newer fascia, soffit, and gutters, enhancing the exterior's appeal and protecting the structure. Each of the three units features a comfortable one-bedroom layout. Residents will also enjoy the benefit of a large yard, perfect for outdoor activities and relaxation. Professional property management may be continued under the new owner's choice.
Last Agent to Sell the Property
Premier Point Realty LLC License #60063-90 Listed on: 05/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,995
Home Design
- Vinyl Siding
Additional Features
- Crawl Space
- 4,792 Sq Ft Lot
Community Details
- Operating Expense $900
- Net Operating Income $1,650
Listing and Financial Details
- Exclusions: Tenant's person belongings, owner's personal belongings.
- Tenant pays for electricity, gas
- The owner pays for sewer, water
- Assessor Parcel Number 08813000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 18, 2023
Sold by
Gibson Patrick and Jones William
Bought by
Merrick Michael and Merrick David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$97,835
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$121,290
Purchase Details
Closed on
Jun 27, 2018
Sold by
Cobb Maggie
Bought by
Gibson Patrick and Jones William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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 | $185,000 | Southshore Title | |
| Warranty Deed | $64,000 | Landmark Title Of Racine |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $81,200 | New Conventional | |
| Previous Owner | $48,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Sold | $220,000 | -2.2% | -- |
| 06/23/2025 06/23/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | Price Changed | $225,000 | -4.3% | -- |
| 05/01/2025 05/01/25 | For Sale | $235,000 | -- | -- |
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 | $2,995 | $105,100 | $8,000 | $97,100 |
| 2023 | $2,294 | $69,000 | $8,000 | $61,000 |
| 2022 | $2,600 | $63,000 | $8,000 | $55,000 |
| 2021 | $1,995 | $57,000 | $8,000 | $49,000 |
| 2020 | $2,501 | $59,000 | $8,000 | $51,000 |
| 2019 | $1,703 | $49,000 | $8,000 | $41,000 |
| 2018 | $1,812 | $45,000 | $8,000 | $37,000 |
| 2017 | $2,359 | $45,000 | $8,000 | $37,000 |
| 2016 | $2,120 | $42,000 | $8,000 | $34,000 |
| 2015 | $2,716 | $42,000 | $8,000 | $34,000 |
| 2014 | $2,716 | $42,000 | $8,000 | $34,000 |
| 2013 | $2,716 | $44,000 | $13,600 | $30,400 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Metro MLS
MLS Number: 1915884
APN: 276-000008813000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.
Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.
Nearby Homes
- 1309 Villa St
- 1239 Highland Ave
- 1130 Grand Ave
- 1328 Racine St
- 1516 Park Ave
- 1120 College Ave
- 1200 Wisconsin Ave
- 1618 Grand Ave
- 1016 Davis Place
- 1009 Hilker Place
- 1011 10th St
- 1021 Park Ave
- 1034 Washington Ave
- 1635 Grand Ave
- 304 16th St
- 1456 Junction Ave
- 1325 16th St
- 1738 Center St
- 1735 Grand Ave
- 909 College Ave