NOT LISTED FOR SALE

1534 Packard Ave Racine, WI 53403

Uptown-the Junction Neighborhood

Estimated Value: $108,000 - $129,827

4 Beds
2 Baths
1,375 Sq Ft
$86/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $130,000 $95 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $818/month

About This Home

As of July 2024

1 party listing for comps only- The duplex is in fair to decent condition with 2 bedrooms down and 3 bedrooms up. The units are typical for the age with some minor deferred maintenance needed otherwise the roof, foundation, siding and windows are all updated within the past 15 years. Parking is separated for each tenant. Tenants pay gas and electric, owner pays water and sewer.

Last Agent to Sell the Property

Jerry Gulley

Image Real Estate, Inc. License #49416-90 Listed on: 06/10/2024

Last Buyer's Agent

Jerry Gulley

Image Real Estate, Inc. License #49416-90 Listed on: 06/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1894

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,375 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,716

Year Built

Built in 1894

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Washington Ave east of Taylor to Packard, south to home
  • New Construction: No
  • Year Built: 1894
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1534 Packard AVENUE
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 1375.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Racine

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Total Taxes: 1716.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jul 18, 2024
Sold by
Kolstedt Properties Llc
Bought by
Ray Morgan and Semon Austin
Seller's Agent
Jerry Gulley
Image Real Estate, Inc.
Buyer's Agent
Jerry Gulley
Image Real Estate, Inc.
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$118,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,293
Avg. Annual Appreciation
-5.27%
Original Mortgage
$104,000
Outstanding Balance
$102,197
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$16,510

Purchase Details

Closed on
Feb 20, 2019
Sold by
Kolstedt Kenneth
Bought by
Kolstedt Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ray Morgan $130,000 Frontier Title
Kolstedt Properties Llc -- None Available
Kolstedt Kenneth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Morgan $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $130,000 0.0% $95 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $130,000 -- $95 / Sq Ft
Source: Metro MLS

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
2025 $2,196 $83,800 $7,800 $76,000
2024 $1,974 $75,100 $7,800 $67,300
2023 $1,892 $69,000 $7,800 $61,200
2022 $1,715 $63,000 $7,800 $55,200
2021 $1,744 $57,000 $7,800 $49,200
2020 $1,707 $57,000 $7,800 $49,200
2019 $1,743 $54,000 $7,800 $46,200
2018 $1,710 $48,000 $7,800 $40,200
2017 $2,032 $48,000 $7,800 $40,200
2016 $2,645 $48,000 $7,800 $40,200
2015 $2,416 $45,000 $7,800 $37,200
2014 $2,416 $45,000 $7,800 $37,200
2013 $2,416 $49,000 $12,900 $36,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jerry Gulley

    Image Real Estate, Inc.

    (262) 898-1180

    4 in this area

    128 Total Sales

    Jerry Gulley
    Section Image
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Map

Source: Metro MLS

MLS Number: 1884520

Metro MLS

APN: 276-000009506000

Wisconsin Racine County Racine 53403 Uptown-the Junction

1534 Packard Ave, Racine, WI

Not Listed for Sale

MultiFamily

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