NOT LISTED FOR SALE

1839 Mead St Racine, WI 53403

School Section-Towerview Neighborhood

Estimated Value: $86,000 - $166,426

6 Beds
2 Baths
2,238 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $37,000 $17 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $1,006/month

28 Days on Market

About This Home

As of April 2019

Terrific investor opportunity for this 3BR/3BR duplex with 1100 sf in each unit. Tenants have been in place for >2 years, at $900/mo. New furnaces in 2021, newer roof, vinyl windows. Upper unit has washer/dryer hookup capability in basement. Off street parking for two vehicles, and ample on-street parking. Seller is offering a home duplex warranty for 13 months. Refrigerators and oven/stoves included.

Last Agent to Sell the Property

Thomas Venable

First Weber Inc- Racine License #90143-94 Listed on: 07/06/2022

Last Buyer's Agent

Corina Eufinger

Iron Edge Realty License #88626-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1913

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,238 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant's personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,563

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Upper unit: stove and refrigerator; Lower unit: stove and refrigerator
  • Directions: From Racine St, travel east on DeKoven, north on Mead, to property
  • New Construction: No
  • Year Built: 1913
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1839 Mead STREET
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Dual Entry, Full
  • Second Floor Total Sq Ft: 2238.00

Exterior Features

  • Exclusions: Tenant's personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

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

Schools

  • School District: Racine
  • Junior High Dist: Racine

Lot Info

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

Tax Info

  • Tax Year: 2021
  • Total Taxes: 2563.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 24, 2022
Sold by
Seiborn Financial Llc
Bought by
Michael Merrick
Seller's Agent
Thomas Venable
First Weber Inc- Racine
Buyer's Agent
Corina Eufinger
Iron Edge Realty
List Price
$135,900
Sold Price
$124,765
Premium/Discount to List
-$11,135
-8.19%
Views
34
Current Estimated Value
$139,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,842
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Jan 13, 2021
Sold by
Mchale Conor K and Mchale Mary P
Bought by
Seiborn Financial Llc

Purchase Details

Closed on
Oct 14, 2019
Sold by
Sanchez Antonio
Bought by
Mchale Conor K and Mchale Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2018
Closed on
Apr 4, 2019
Sold by
Residential Credit Opportunities Tr Ii
Bought by
Sanchez Antonio
Seller's Agent
Michael Henry
VERA Residential Real Estate LLC
Buyer's Agent
Dawn Martinez
Sorenson Realty Associates, LLC
List Price
$67,900
Sold Price
$37,000
Premium/Discount to List
-$30,900
-45.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.92%

Purchase Details

Closed on
Nov 27, 2018
Sold by
Bcp Mdg Llc
Bought by
Wilmington Savings Fund Society and Christiana Trust

Purchase Details

Closed on
Oct 30, 2015
Sold by
Rohr Michael W and Esch Mark C
Bought by
Bcp Mdg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2013
Sold by
Clm Investments Llc
Bought by
Esch Mark C and Esch Monica L

Purchase Details

Closed on
Jun 20, 2007
Sold by
Mcneal Frances Lee and Thomas Living Trust
Bought by
Clm Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.37%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Michael Merrick $124,765 Landmark Title Kenosha
Seiborn Financial Llc $107,000 None Available
Mchale Conor K $74,000 Knight Barry Title Inc
Sanchez Antonio $37,000 Us Title & Closing Svcs Llc
Wilmington Savings Fund Society $50,000 None Available
Bcp Mdg Llc $105,000 Land Title Services Inc
Esch Mark C -- None Available
Clm Investments Llc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mchale Conor K $55,500
Previous Owner Bcp Mdg Llc $237,750
Previous Owner Bcp Mdg Llc $245,000
Previous Owner Bcp Mdg Llc $245,000
Previous Owner Clm Invenstments Llc $175,000
Previous Owner Clm Investments Llc $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Off Market $129,900 -- --
08/01/2022 08/01/22 Price Changed $129,900 -4.4% $58 / Sq Ft
07/06/2022 07/06/22 For Sale $135,900 +267.3% $61 / Sq Ft
04/05/2019 04/05/19 Sold $37,000 -45.5% $17 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
10/30/2018 10/30/18 For Sale $67,900 -- $30 / 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 $3,006 $114,600 $9,500 $105,100
2023 $4,841 $105,000 $9,500 $95,500
2022 $2,492 $94,000 $9,500 $84,500
2021 $2,563 $86,000 $9,500 $76,500
2020 $2,537 $86,000 $9,500 $76,500
2019 $2,407 $80,000 $9,500 $70,500
2018 $7,828 $76,000 $9,500 $66,500
2017 $4,449 $76,000 $9,500 $66,500
2016 $2,989 $76,000 $9,500 $66,500
2015 $4,014 $76,000 $9,500 $66,500
2014 $4,014 $76,000 $9,500 $66,500
2013 $4,014 $76,000 $15,000 $61,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Thomas Venable

    First Weber Inc- Racine

  • C

    Buyer's Agent in 2022

    Corina Eufinger

    Iron Edge Realty

  • M

    Seller's Agent in 2019

    Michael Henry

    VERA Residential Real Estate LLC

    (414) 617-1740

    39 Total Sales

    Michael Henry
    Section Image

  • D

    Buyer's Agent in 2019

    Dawn Martinez

    Sorenson Realty Associates, LLC

    (262) 880-3550

    4 in this area

    44 Total Sales

    Dawn Martinez
    Section Image
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Map

Source: Metro MLS

MLS Number: 1801134

Metro MLS

APN: 276-000017634000

Wisconsin Racine County Racine 53403 School Section-Towerview

1839 Mead St, Racine, WI

This home is located at 1839 Mead St, Racine, WI 53403 since 06 July 2022 and is currently estimated at $139,607, approximately $62 per square foot. This property was built in 1913. 1839 Mead St is a home located in Racine County with nearby schools including Jones Elementary School, Mitchell Middle School, and Case High School.

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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