NOT LISTED FOR SALE

1842 Roe Ave Racine, WI 53404

Cedar Bend Neighborhood

Estimated Value: $116,000 - $184,000

4 Beds
2 Baths
1,555 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $21,000 $14 Per Sq Ft

Est. 646% increase in value since last sale

Current estimated payment $1,051/month

8 Days on Market

About This Home

As of August 2017

Duplex opportunity in Racine. This is a bargain priced duplex on a huge 1/4 acre lot with 2 bedrooms and 1 bath per unit. Located on the corner of Riverside and Roe and across the street from the Root River. Great location and could be a good money maker for the savvy investor.

Last Agent to Sell the Property

Eric Muller

EXIT Elite Realty Brokerage Email: info@EXITHorizonsWI.com License #59140-90 Listed on: 07/21/2017

Last Buyer's Agent

Wendell Funderburg

Funderburg & Associates License #54330-90

Property Details

Property Type

  • Other

Lot Details

  • 0.25 Acre Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,555 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 06545000

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.25
  • Inclusions: None
  • Directions: West 6th street to Riverside, South to property
  • Attribution Contact: info@EXITHorizonsWI.com
  • Property Information:Est Total Sq Ft: 1555
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Has Basement: Full

Exterior Features

  • Exclusions: None
  • Construction Type: Wood, Vinyl
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Garage Type: Attached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Racine Unified

Lot Info

  • Lot Size Sq Ft: 10890
  • Parcel #: 06545000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1540.1
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Aug 16, 2017
Sold by
Flat Iron Holdings Llc
Bought by
Mlc Homes Llc
Seller's Agent
Eric Muller
EXIT Elite Realty
Buyer's Agent
Wendell Funderburg
Funderburg & Associates
Sold Price
$21,000
Current Estimated Value
$156,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,605
Avg. Annual Appreciation
28.04%

Purchase Details

Closed on
Sep 28, 2012
Sold by
Minnowa Llc
Bought by
Flat Iron Holdings Llc

Purchase Details

Closed on
Mar 15, 2012
Sold by
Minnowa Llc
Bought by
Hart Crystal Renee and Hermes Joann Marcelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,700
Interest Rate
7.98%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Dec 22, 2011
Sold by
Federal National Mortgage Association
Bought by
Minnowa Llc

Purchase Details

Closed on
Jul 12, 2011
Sold by
Gateway Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 2011
Sold by
Moore Timothy C and Moore Janet L
Bought by
Gateway Mortgage Corp
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
Mlc Homes Llc $21,000 Wisconsin Title
Flat Iron Holdings Llc -- Lawyers Title
Hart Crystal Renee $36,000 None Available
Minnowa Llc $4,350 None Available
Federal National Mortgage Association -- None Available
Gateway Mortgage Corp $56,980 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hart Crystal Renee $34,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $21,000 -- $14 / 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 $2,656 $104,000 $13,500 $90,500
2023 $2,539 $95,000 $13,500 $81,500
2022 $2,292 $86,000 $13,500 $72,500
2021 $2,337 $78,000 $13,500 $64,500
2020 $2,286 $78,000 $13,500 $64,500
2019 $2,014 $63,000 $13,500 $49,500
2018 $2,376 $53,000 $13,500 $39,500
2017 $1,726 $53,000 $13,500 $39,500
2016 $3,430 $53,000 $13,500 $39,500
2015 $3,222 $53,000 $13,500 $39,500
2014 $3,222 $53,000 $13,500 $39,500
2013 $3,222 $60,000 $20,300 $39,700
Source: Public Records

Agents Affiliated with this Home

  • Eric Muller

    Seller's Agent in 2017

    Eric Muller

    EXIT Elite Realty

    (414) 369-0558

    150 Total Sales

    Eric Muller
    Section Image

  • W

    Buyer's Agent in 2017

    Wendell Funderburg

    Funderburg & Associates

    (262) 770-8338

    58 Total Sales

    Wendell Funderburg
    Section Image
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Map

Source: Metro MLS

MLS Number: 1541637

Metro MLS

APN: 276-000006545000

Wisconsin Racine County Racine 53404 Cedar Bend

1842 Roe Ave, Racine, WI

This home is located at 1842 Roe Ave, Racine, WI 53404 since 21 July 2017 and is currently estimated at $156,605, approximately $100 per square foot. 1842 Roe Ave is a home located in Racine County with nearby schools including Janes Elementary School, Park High School, and 21st Century Preparatory 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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