NOT LISTED FOR SALE

1540 Park Ave Racine, WI 53403

School Section-Towerview Neighborhood

Estimated Value: $650,913

3 Beds
1 Bath
950 Sq Ft
$685/Sq Ft Est. Value

About This Home

This home is located at 1540 Park Ave, Racine, WI 53403 and is currently estimated at $650,913, approximately $685 per square foot. 1540 Park Ave is a home located in Racine County with nearby schools including Johnson Elementary School, Mitchell Middle School, and Case High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
J & N Assets
Bought by
Sewi Apts Llc
Current Estimated Value
$650,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$6,492,120
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
-$5,841,207

Purchase Details

Closed on
May 11, 2016
Sold by
Reliable Fencing Inc
Bought by
J & N Assets Iii Llc

Purchase Details

Closed on
Jun 30, 2005
Sold by
First United Methodist Church
Bought by
Reliable Fencing Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sewi Apts Llc -- Chicago Title
J & N Assets Iii Llc $310,000 Landmark Title Of Racine
Reliable Fencing Inc $304,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sewi Apts Llc $7,000,000
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 $14,096 $583,000 $33,200 $549,800
2023 $12,932 $507,000 $33,200 $473,800
2022 $11,319 $441,000 $33,200 $407,800
2021 $11,254 $389,000 $33,200 $355,800
2020 $11,112 $389,000 $33,200 $355,800
2019 $10,657 $378,000 $33,200 $344,800
2018 $10,681 $360,000 $33,200 $326,800
2017 $11,103 $360,000 $33,200 $326,800
2016 $12,776 $400,000 $33,200 $366,800
2015 $14,784 $400,000 $33,200 $366,800
2014 $14,784 $400,000 $33,200 $366,800
2013 $14,784 $400,000 $36,900 $363,100
Source: Public Records

Map

Wisconsin Racine County Racine 53403 School Section-Towerview

1540 Park Ave, Racine, WI

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