NOT LISTED FOR SALE

1516 Thurston Ave Unit 1518 Racine, WI 53405

West Racine Neighborhood

Estimated Value: $204,000 - $255,170

6 Beds
2 Baths
2,641 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $186,000 $70 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,588/month

3 Days on Market

About This Home

As of December 2022

Upon entry you will appreciate the spacious living/dining areas, this home has been lovingly well-cared for. The main floor has original hardwood floors throughout with tiled floors in the updated kitchen and bath. Kitchen has newer cabinets with slid-outs for easy access to contents, kitchen island with butcher block top, newer gas range and appliances. Updated bath has 2 separate handles to turn on/off water making it easy for someone with limited ability as well as the fold down seat in tub is also nice for a person with limited ability. 1st floor laundry is located off the kitchen. The upper layout closely mirror's the main floor. Upper unit has a laundry chute to bsmt. 2.5 car detached garage has extra storage; 2 parking spaces alongside garage for tenant use.

Last Buyer's Agent

Lorie Spiewak

Shorewest Realtors, Inc. License #79158-94

Shorewest Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,671

Year Built

  • Built in 1907

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,641 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Upper appliances (tenant owned) and washer & dryer in basement.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,671

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: East on 16th Street to Thurston Ave. north on Thurston Ave. to property at 1516 Thurston Avenue.
  • New Construction: No
  • Year Built: 1907
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1516 Thurston AVENUE #1518
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 2641.00

Exterior Features

  • Exclusions: Upper appliances (tenant owned) and washer & dryer in basement.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Vinyl, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.5
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Racine
  • Junior High Dist: Racine

Lot Info

  • Zoning: R3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 3671.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 30, 2022
Sold by
Musilek Alan M and Musilek Mary A
Bought by
1516 Thurston Avenue Llc
Buyer's Agent
Lorie Spiewak
Shorewest Realtors, Inc.
List Price
$185,000
Sold Price
$186,000
Premium/Discount to List
$1,000
0.54%
Views
76
Current Estimated Value
$233,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,293
Avg. Annual Appreciation
8.43%
Original Mortgage
$139,500
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 16, 2022
Sold by
Checki Stephen J
Bought by
Musilek Alan M
Buyer's Agent
Lorie Spiewak
Shorewest Realtors, Inc.
List Price
$185,000
Sold Price
$186,000
Premium/Discount to List
$1,000
0.54%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 9, 2022
Sold by
Checki Stephen J
Bought by
Musilek Alan M and Musilek Mary A
Buyer's Agent
Lorie Spiewak
Shorewest Realtors, Inc.
List Price
$185,000
Sold Price
$186,000
Premium/Discount to List
$1,000
0.54%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2016
Sold by
Kumosz Frank J
Bought by
Checki Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2007
Sold by
Conley Michael R and Conley Mary M
Bought by
Kumosz Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.42%
Mortgage Type
New Conventional
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
1516 Thurston Avenue Llc -- --
Musilek Alan M $186,000 Shorewest Closer
Musilek Alan M $186,000 Wisconsin Title
Checki Stephen J $110,000 Landmark Title Of Racine
Kumosz Frank J $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musilek Alan M $139,500
Previous Owner Checki Stephen J $88,000
Previous Owner Kumosz Frank J $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2023 02/12/23 Off Market $185,000 -- --
12/16/2022 12/16/22 Sold $186,000 +0.5% $70 / Sq Ft
11/09/2022 11/09/22 For Sale $185,000 -- $70 / 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 $4,210 $179,300 $18,000 $161,300
2023 $3,929 $162,000 $18,000 $144,000
2022 $3,602 $147,000 $18,000 $129,000
2021 $3,672 $134,000 $18,000 $116,000
2020 $3,667 $134,000 $18,000 $116,000
2019 $3,392 $126,000 $18,000 $108,000
2018 $3,382 $115,000 $18,000 $97,000
2017 $3,443 $115,000 $18,000 $97,000
2016 $3,450 $113,000 $18,000 $95,000
2015 $3,405 $107,000 $18,000 $89,000
2014 $3,405 $107,000 $18,000 $89,000
2013 $3,405 $116,000 $22,800 $93,200
Source: Public Records

Agents Affiliated with this Home

  • Lorie Spiewak

    Buyer's Agent in 2022

    Lorie Spiewak

    Shorewest Realtors, Inc.

    (262) 763-8477

    2 in this area

    111 Total Sales

    Lorie Spiewak
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Map

Source: Metro MLS

MLS Number: 1817688

Metro MLS

APN: 276-000009995000

Wisconsin Racine County Racine 53405 West Racine

1516 Thurston Ave Unit 1518, Racine, WI

This home is located at 1516 Thurston Ave Unit 1518, Racine, WI 53405 since 09 November 2022 and is currently estimated at $233,293, approximately $88 per square foot. This property was built in 1907. 1516 Thurston Ave Unit 1518 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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