NOT LISTED FOR SALE

1426 Summit Ave Racine, WI 53404

Prospect Heights Neighborhood

Estimated Value: $116,000 - $197,000

4 Beds
1 Bath
1,197 Sq Ft
$131/Sq Ft Est. Value

About This Home

This home is located at 1426 Summit Ave, Racine, WI 53404 and is currently estimated at $157,333, approximately $131 per square foot. 1426 Summit Ave is a home located in Racine County with nearby schools including Wadewitz Elementary School, Jerstad-Agerholm Middle School, and Horlick High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2020
Sold by
Lou Jimmy Wai
Bought by
Lou Enterprises Llc
Current Estimated Value
$157,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$447,400
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
-$317,733

Purchase Details

Closed on
Aug 13, 2015
Sold by
Seeger Debra Ann
Bought by
Lou Jimmy Wai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,440
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lou Enterprises Llc -- Us Title & Closing Svcs Llc
Lou Jimmy Wai $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lou Enterprises Llc $495,000
Closed Lou Jimmy $315,000
Closed Lou Jimmy Wai $37,440
Source: Public Records

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 $2,917 $66,900 $7,800 $59,100
2023 $2,943 $61,000 $7,800 $53,200
2022 $1,451 $55,000 $7,800 $47,200
2021 $1,482 $50,000 $7,800 $42,200
2020 $1,451 $50,000 $7,800 $42,200
2019 $2,385 $46,000 $7,800 $38,200
2018 $1,277 $42,000 $7,800 $34,200
2017 $2,219 $42,000 $7,800 $34,200
2016 $1,695 $42,000 $7,800 $34,200
2015 $1,419 $42,000 $7,800 $34,200
2014 $1,419 $42,000 $7,800 $34,200
2013 $1,419 $45,000 $12,500 $32,500
Source: Public Records

Map

Wisconsin Racine County Racine 53404 Prospect Heights

1426 Summit Ave, Racine, WI

This home is located at 1426 Summit Ave, Racine, WI 53404 and is currently estimated at $157,333, approximately $131 per square foot. 1426 Summit Ave is a home located in Racine County with nearby schools including Wadewitz Elementary School, Jerstad-Agerholm Middle School, and Horlick High School.

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.

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