$85,000
SOLD AUG 9, 2024

1320 Dr Martin Luther King Dr Racine, WI 53404

The 19th Ward Neighborhood
5 Beds
1 Bath
1,992 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Heating System
  • 4-minute walk to Marquette Park
  • <<tubWithShowerToken>>

About This Home

As of August 2024

One Party Listing - Comp Purposes Only- This large 5 bedroom house has been remodeled at one time and is currently tenant occupied. This home showed well and offers newer siding and a good roof plus an oversized lot. Current rent is $1,050/month.

Last Agent to Sell the Property

Jerry Gulley

Image Real Estate, Inc. License #49416-90 Listed on: 06/13/2024

Last Buyer's Agent

Jerry Gulley

Image Real Estate, Inc. License #49416-90 Listed on: 06/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,964

Year Built

  • Built in 1885

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned R3

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • <<tubWithShowerToken>>

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,964

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Prop. Type: Single-Family
  • Directions: MLK Dr just north of Hamilton
  • New Construction: No
  • Year Built: 1885
  • Cleared Acreage: Less than 1/2
  • Architecture: Colonial
  • Full Street Address: 1320 Dr Martin Luther King DRIVE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.14
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full
  • Interior Amenities: Wood or Sim.Wood Floors
  • Bathroom Description: Shower Over Tub
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Room Bedroom5 Level: Upper
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 1992.00

Exterior Features

  • Exterior Building Type: 2 Story
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Racine
  • Junior High Dist: Racine

Lot Info

  • Zoning: R3
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2023
  • Total Taxes: 1964.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 7, 2024
Sold by
Kolstedt Properties Llc
Bought by
Image Real Estate And Investments Llc
Seller's Agent
Jerry Gulley
Image Real Estate, Inc.
Buyer's Agent
Jerry Gulley
Image Real Estate, Inc.
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$98,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,667
Avg. Annual Appreciation
22.35%

Purchase Details

Closed on
Mar 23, 2019
Sold by
Kolstedt Kenneth D
Bought by
Kolstedt Properties Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Contract Of Sale $670,000 Frontier Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $600,000 New Conventional
Closed $80,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $85,000 0.0% $43 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $85,000 -- $43 / 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 $2,247 $86,700 $9,100 $77,600
2023 $2,351 $79,000 $9,100 $69,900
2022 $1,974 $72,000 $9,100 $62,900
2021 $2,265 $65,000 $9,100 $55,900
2020 $1,965 $65,000 $9,100 $55,900
2019 $1,853 $60,000 $9,100 $50,900
2018 $1,726 $54,000 $9,100 $44,900
2017 $1,873 $54,000 $9,100 $44,900
2016 $2,976 $54,000 $9,100 $44,900
2015 $3,366 $54,000 $9,100 $44,900
2014 $3,366 $54,000 $9,100 $44,900
2013 $3,366 $54,000 $13,700 $40,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1887493

Metro MLS

APN: 276-000008165000