NOT LISTED FOR SALE

1655 College Ave Racine, WI 53403

School Section-Towerview Neighborhood

Estimated Value: $122,000 - $290,420

4 Beds
3 Baths
3,112 Sq Ft
$75/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $201,000 $65 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,922/month

53 Days on Market

Highlights

  • Enclosed Parking
  • Hot Water Heating System
  • Wood Siding

About This Home

As of January 2021

Investors and those looking to buy their first rental to live in! Come see this well maintained, turn key multi-family home, located on the beautifully historic College Ave, just a block off the lake! Run your numbers to see the cash flow potential or, live in a unit, and rent the other units out to help pay your mortgage! The lower unit is spacious, and has plenty of charm, and the two units upstairs have a separate entrance and catch a great breeze off the lake!

Last Agent to Sell the Property

Brandyn Dietman

Premier Point Realty LLC License #90429-94 Listed on: 10/08/2020

Last Buyer's Agent

DeAndrae Woods Sr

Coldwell Banker Realty License #53166-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Aluminum Trim

Interior Spaces

  • 3,112 Sq Ft Home
  • Multi-Level Property

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Johnson Elementary School
  • Starbuck Middle School
  • Case High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Seller's and Tenant's Personal Property

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: (3) Washers, (3) Dryers, (3) Oven/Ranges, (3) Refrigerators, (2) Microwaves, (1) Dishwasher, (1) snowblower, (1) Lawnmower
  • New Construction: No
  • Year Built: 1875
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1655 College AVE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full, Laundry Facilities
  • Second Floor Total Sq Ft: 3112.00

Exterior Features

  • Exclusions: Seller's and Tenant's Personal Property
  • Exterior Building Type: Duplex +
  • Exterior: Aluminum/Steel, Aluminum, Aluminum Trim, Partial-Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Indoor Space
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

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

Lot Info

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

Tax Info

  • Tax Year: 2019
  • Total Taxes: 5205.28

MLS Schools

  • Middle School: Starbuck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jan 15, 2021
Sold by
Steel Ryan S
Bought by
Campbell Naketha Y
Seller's Agent
Brandyn Dietman
Premier Point Realty LLC
Buyer's Agent
DeAndrae Woods Sr
Coldwell Banker Realty
List Price
$201,000
Sold Price
$201,000
Current Estimated Value
$246,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,244
Avg. Annual Appreciation
6.70%
Original Mortgage
$197,359
Outstanding Balance
$179,233
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$90,782

Purchase Details

Closed on
Oct 16, 2017
Sold by
Schaeffer Randall E
Bought by
Steel Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,719
Interest Rate
3.82%
Mortgage Type
VA
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
Campbell Naketha Y $201,000 Prism Title
Steel Ryan $173,000 Us Title And Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Naketha Y $197,359
Previous Owner Steel Ryan S $174,998
Previous Owner Steel Ryan $176,719
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $201,000 0.0% $65 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $201,000 -- $65 / 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 $6,723 $279,400 $23,200 $256,200
2023 $5,678 $218,000 $23,200 $194,800
2022 $5,663 $218,000 $23,200 $194,800
2021 $6,426 $198,000 $23,200 $174,800
2020 $5,662 $198,000 $23,200 $174,800
2019 $5,371 $189,000 $23,200 $165,800
2018 $5,331 $174,000 $23,200 $150,800
2017 $5,339 $174,000 $23,200 $150,800
2016 $5,179 $165,000 $23,200 $141,800
2015 $5,259 $165,000 $23,200 $141,800
2014 $5,259 $165,000 $23,200 $141,800
2013 $5,259 $175,000 $25,600 $149,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brandyn Dietman

    Premier Point Realty LLC

    (920) 819-6121

    1 in this area

    30 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    DeAndrae Woods Sr

    Coldwell Banker Realty

See All Agents

Map

Source: Metro MLS

MLS Number: 1713815

Metro MLS

APN: 276-000000405000

Wisconsin Racine County Racine 53403 School Section-Towerview

1655 College Ave, Racine, WI

This home is located at 1655 College Ave, Racine, WI 53403 since 08 October 2020 and is currently estimated at $232,855, approximately $74 per square foot. This property was built in 1875. 1655 College Ave is a home located in Racine County with nearby schools including Mitchell Middle School, Case High School, and Racine Civil Leaders Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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