NOT LISTED FOR SALE

1603 Spring Place Racine, WI 53404

Prospect Heights Neighborhood

Estimated Value: $137,000 - $172,000

6 Beds
2 Baths
2,202 Sq Ft
$71/Sq Ft Est. Value

About This Home

This home is located at 1603 Spring Place, Racine, WI 53404 and is currently estimated at $155,333, approximately $70 per square foot. 1603 Spring Place is a home located in Racine County with nearby schools including Julian Thomas Elementary School, Jerstad-Agerholm Middle School, and Park High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2020
Sold by
Funderburg Wendell T and Funderburg Fawn S
Bought by
Take 5 Retreat At The Ponds Llc
Current Estimated Value
$155,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$530,312
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$374,979

Purchase Details

Closed on
Feb 8, 2008
Sold by
Citimortgage Inc Successor By Reason Of
Bought by
Funderburg Wendell and Funderburg Fawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
Peterson The Es Arvilla F
Bought by
Citimortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Take 5 Retreat At The Ponds Llc -- Bell Title Company
Funderburg Wendell $55,000 --
Citimortgage Inc $23,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Take 5 Retreat At The Ponds Llc $1,000,000
Previous Owner Funderburg Wendell $72,000
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 $2,377 $92,200 $9,400 $82,800
2023 $2,265 $84,000 $9,400 $74,600
2022 $2,041 $76,000 $9,400 $66,600
2021 $3,515 $69,000 $9,400 $59,600
2020 $2,584 $69,000 $9,400 $59,600
2019 $2,868 $64,000 $9,400 $54,600
2018 $2,732 $57,000 $9,400 $47,600
2017 $2,598 $57,000 $9,400 $47,600
2016 $2,665 $57,000 $9,400 $47,600
2015 $2,509 $57,000 $9,400 $47,600
2014 $2,509 $57,000 $9,400 $47,600
2013 $2,509 $60,000 $14,100 $45,900
Source: Public Records

Map

Wisconsin Racine County Racine 53404 Prospect Heights

1603 Spring Place, Racine, WI

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