NOT LISTED FOR SALE

1504 Lathrop Ave Racine, WI 53405

West Racine Neighborhood

Estimated Value: $194,000 - $221,000

3 Beds
1.5 Baths
1,269 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $166,000 $131 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,402/month

43 Days on Market

Highlights

  • Deck
  • Bathtub with Shower
  • Shed
  • Fenced Yard
  • Patio
  • 3-minute walk to Solbraa Park

About This Home

As of October 2021

Step into this beautiful bungalow and immediately be greeted by an exquisite wood staircase paired with hardwood floors throughout the home then, move into a large living room, adjacent to a bright sunroom with beveled glass French doors. This meticulously kept home also has a large dining room and an updated eat-in kitchen, that overlooks a beautiful, large fenced in yard. This home also features spacious bedrooms with large closets upstairs, updated bathrooms, new water heater(2021), and tons of storage! The exterior features a driveway with off-street parking, a deck, a patio, and a shed. Hosting large gatherings is no problem with this outdoor space. Close to many parks, restaurants, and shopping.

Last Agent to Sell the Property

Tyler Koller

Keller Williams Realty-Milwaukee North Shore License #84908-94 Listed on: 07/16/2021

Last Buyer's Agent

Suzanne Powers Realty Group*

Powers Realty Group License #55380-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 1924

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard
  • Property is zoned R3

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,269 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller's personal property.

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,969

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Range/Oven; Refrigerator; Dishwasher; Washer; Dryer; Playset
  • Directions: Washington Ave to Lathrop, then South to the property.
  • New Construction: No
  • Year Built: 1924
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 1504 Lathrop AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Other Rm1 Level: Main
  • Other Rm1 Name: Sun/Four Season Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Other, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Block, Full
  • Interior Amenities: High Speed Internet, Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Shower Over Tub
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 1269.00

Exterior Features

  • Exclusions: Seller's personal property.
  • Exterior Features: Deck, Patio, Fenced Yard
  • Exterior Building Type: 1.5 Story
  • Exterior: Aluminum/Steel, Aluminum, Vinyl
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

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: 2020
  • Total Taxes: 2968.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 14, 2021
Sold by
Bannenberg Eric
Bought by
Jensen Todd and Jensen Jade
Seller's Agent
Tyler Koller
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Suzanne Powers Realty Group*
Powers Realty Group
List Price
$166,000
Sold Price
$166,000
Current Estimated Value
$210,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,762
Avg. Annual Appreciation
6.17%
Original Mortgage
$162,993
Outstanding Balance
$148,634
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$62,128

Purchase Details

Listed on
Nov 8, 2019
Closed on
Jan 3, 2020
Sold by
Payne James R and Payne Lorna L
Bought by
Bannenberg Eric
Seller's Agent
Dave Corban
Coldwell Banker Realty
Buyer's Agent
Tyler Koller
Keller Williams Realty-Milwaukee North Shore
List Price
$122,500
Sold Price
$122,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.73%
Original Mortgage
$120,280
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2016
Sold by
Powers Nicole M and Powers Nicole Michelle
Bought by
Payne James R and Payne Lorna L

Purchase Details

Closed on
Aug 25, 2005
Sold by
Lester Icy Vine
Bought by
Powers Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,800
Interest Rate
5.89%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Jensen Todd $166,000 Focus Title Llc
Bannenberg Eric $122,500 1St Svc Ttl & Closing Inc
Payne James R $45,000 None Available
Powers Nicole M $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Todd $162,993
Previous Owner Bannenberg Eric $120,280
Previous Owner Powers Nicole M $16,800
Previous Owner Powers Nicole M $89,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $166,000 0.0% $131 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $166,000 +35.5% $131 / Sq Ft
01/07/2020 01/07/20 Sold $122,500 0.0% $97 / Sq Ft View Prior Sale
01/06/2020 01/06/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $122,500 -- $97 / 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 $3,404 $139,500 $12,800 $126,700
2023 $3,504 $128,000 $12,800 $115,200
2022 $3,751 $116,000 $12,800 $103,200
2021 $3,035 $105,000 $12,800 $92,200
2020 $2,969 $105,000 $12,800 $92,200
2019 $2,669 $95,000 $12,800 $82,200
2018 $2,733 $78,000 $12,800 $65,200
2017 $2,437 $78,000 $12,800 $65,200
2016 $2,488 $78,000 $12,800 $65,200
2015 $2,730 $78,000 $12,800 $65,200
2014 $2,730 $78,000 $12,800 $65,200
2013 $2,730 $85,000 $17,200 $67,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tyler Koller

    Keller Williams Realty-Milwaukee North Shore

  • D

    Seller's Agent in 2020

    Dave Corban

    Coldwell Banker Realty

See All Agents

Map

Source: Metro MLS

MLS Number: 1752639

Metro MLS

APN: 276-000012740000

Wisconsin Racine County Racine 53405 West Racine

1504 Lathrop Ave, Racine, WI

This home is located at 1504 Lathrop Ave, Racine, WI 53405 since 16 July 2021 and is currently estimated at $210,762, approximately $166 per square foot. This property was built in 1924. 1504 Lathrop Ave is a home located in Racine County with nearby schools including Knapp Elementary School, Mitchell Middle School, and Park High School.

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