$55,000
SOLD APR 27, 2022
-- Bed
-- Bath
2,204 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

8 Days on Market

About This Home

As of March 2025

ATTENTION INVESTORS! Lowest priced Duplex around! Just a few blocks from Lake Michigan and Downtown Racine. Large units with great rent and cash flow potential! Large, 3 bedroom lower unit. Upper is a blank slate, and could be made into a 2 or 3 bedroom unit, as well. Large side yard. Detached 1.5 car garage. Needs work, but tons of potential! Cash, HELOC and HML offers only! Hurry!

Last Agent to Sell the Property

James Rondon

Rondon Real Estate LLC License #55836-90 Listed on: 03/16/2022

Last Buyer's Agent

Shelly Bethke Team*

Berkshire Hathaway HomeServices Metro Realty-Racine License #68649-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Johnson Elementary School
  • Mitchell Middle School
  • Case High School

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Racine Street to DeKoven. East on DeKoven to Villa Street. North on Villa to Property. (No yard sign.)
  • New Construction: No
  • Year Built: 1895
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1642 Villa St
  • Lot Acreage: 0.15
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2204.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 1 Car
  • Garage Spaces: 1.5

Utilities

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

Schools

  • School District: Racine
  • Elementary School: Johnson
  • Middle School: Mitchell
  • High School: Case
  • Elementary School: Johnson
  • High School: Case
  • Junior High Dist: Racine

Lot Info

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

Tax Info

  • Tax Year: 2021
  • Total Taxes: 2266.38

MLS Schools

  • Middle School: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
Mar 17, 2025
Sold by
Holoubek Holdings Llc
Bought by
Carter Jason and Carter Jordan
Seller's Agent
Mary Holoubek
Premier Point Realty LLC
Buyer's Agent
Melissa Treichel
Cove Realty, LLC
List Price
$295,000
Sold Price
$305,000
Premium/Discount to List
$10,000
3.39%
Total Days on Market
8
Views
108
Current Estimated Value
$288,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,831
Avg. Annual Appreciation
-14.22%
Original Mortgage
$268,400
Outstanding Balance
$268,178
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$19,991

Purchase Details

Listed on
Aug 6, 2024
Closed on
Aug 20, 2024
Sold by
Eibi Corporation
Bought by
Holoubek Holdings Llc
Seller's Agent
Henry Grady
Henry Grady
Buyer's Agent
Mary Holoubek
Premier Point Realty LLC
List Price
$125,000
Sold Price
$125,000
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
378.22%

Purchase Details

Listed on
Mar 16, 2022
Closed on
Apr 27, 2022
Sold by
Jmtaa Llc
Bought by
Eibi Corporation
Seller's Agent
James Rondon
Rondon Real Estate LLC
Buyer's Agent
Shelly Bethke Team*
Berkshire Hathaway HomeServices Metro Realty-Racine
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.46%

Purchase Details

Listed on
Mar 16, 2022
Closed on
Mar 14, 2022
Sold by
Dorn John M and Dorn Sherrie A
Bought by
Jmtaa Llc
Seller's Agent
James Rondon
Rondon Real Estate LLC
Buyer's Agent
Shelly Bethke Team*
Berkshire Hathaway HomeServices Metro Realty-Racine
List Price
$55,000
Sold Price
$55,000

Purchase Details

Closed on
Sep 13, 2006
Sold by
Everbank
Bought by
Sec Of Veterans Affairs Of Wa D C An Off
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $305,000 Landmark Title
Warranty Deed $125,000 Knight Barry Title
Warranty Deed $55,000 None Listed On Document
Warranty Deed $20,000 Land Title
Deed In Lieu Of Foreclosure $21,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $305,000 +3.4% $151 / Sq Ft
02/14/2025 02/14/25 For Sale $295,000 +136.0% $146 / Sq Ft
08/20/2024 08/20/24 Sold $125,000 0.0% $62 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $125,000 +127.3% $62 / Sq Ft
04/27/2022 04/27/22 Sold $55,000 0.0% $25 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $55,000 -- $25 / 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 $1,665 $62,000 $13,700 $48,300
2023 $1,728 $62,000 $13,700 $48,300
2022 $1,813 $62,000 $13,700 $48,300
2021 $2,266 $59,000 $13,700 $45,300
2020 $2,151 $59,000 $13,700 $45,300
2019 $1,915 $55,000 $13,700 $41,300
2018 $1,925 $81,000 $13,700 $67,300
2017 $3,295 $81,000 $13,700 $67,300
2016 $3,008 $77,000 $13,700 $63,300
2015 $3,786 $77,000 $13,700 $63,300
2014 $3,786 $77,000 $13,700 $63,300
2013 $3,786 $82,000 $21,700 $60,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1783342

Metro MLS

APN: 276-000000873000