NOT LISTED FOR SALE

1949 Lawn St Unit 1951 Racine, WI 53404

Prospect Heights Neighborhood

Estimated Value: $124,000 - $180,933

4 Beds
2 Baths
2,048 Sq Ft
$77/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $105,000 $51 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,173/month

35 Days on Market

About This Home

As of May 2023

One Party Listing - for comp purposes only. Two family home w/2 BR, 1 BA per unit. Hardwood floors, natural woodwork & spacious rooms in both units. Lower with artificial FP & built-in artwork/carving above mantle. Deck off lower & balcony off upper. Needs TLC but loads of potential to restore & bring this beauty back to life. Was fully rented prior to listing. Nice yard space.

Last Agent to Sell the Property

Erik Ulvog

ERA MyPro Realty License #57917-90 Listed on: 03/09/2023

Last Buyer's Agent

Jessica Klimas Reish

ERA MyPro Realty License #78077-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1931
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1949 Lawn STREET #1951
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2048.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0

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: 2022
  • Total Taxes: 3462.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 10, 2023
Sold by
Schmalz Gary
Bought by
Cruz Max J
Seller's Agent
Erik Ulvog
ERA MyPro Realty
Buyer's Agent
Jessica Klimas Reish
ERA MyPro Realty
List Price
$105,000
Sold Price
$105,000
Total Days on Market
35
Current Estimated Value
$156,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,733
Avg. Annual Appreciation
17.61%
Original Mortgage
$94,500
Outstanding Balance
$92,121
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$54,539

Purchase Details

Closed on
Jun 21, 2018
Sold by
Dresen Roxane R and Dresen Wesley C
Bought by
Aziom Llc

Purchase Details

Closed on
Jun 15, 2018
Sold by
Aziom Llc
Bought by
Schmalz Gary and Schmalz Cristen
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
Cruz Max J $105,000 Land Title Services
Aziom Llc $78,000 Prism Title Services Llc
Schmalz Gary $101,600 Prism Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Max J $94,500
Previous Owner Schmalz Gary $79,100
Previous Owner Dresen Wesley C $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $105,000 0.0% $51 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $105,000 -- $51 / 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 $3,514 $140,400 $15,600 $124,800
2023 $3,359 $128,000 $15,600 $112,400
2022 $3,462 $116,000 $15,600 $100,400
2021 $3,438 $105,000 $15,600 $89,400
2020 $3,521 $105,000 $15,600 $89,400
2019 $3,112 $97,000 $15,600 $81,400
2018 $2,677 $87,000 $15,600 $71,400
2017 $2,733 $87,000 $15,600 $71,400
2016 $2,788 $87,000 $15,600 $71,400
2015 $2,669 $87,000 $15,600 $71,400
2014 $2,669 $87,000 $15,600 $71,400
2013 $2,669 $87,000 $19,400 $67,600
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Erik Ulvog

    ERA MyPro Realty

    (414) 467-1030

    1 in this area

    110 Total Sales

    Erik Ulvog
    Section Image

  • J

    Buyer's Agent in 2023

    Jessica Klimas Reish

    ERA MyPro Realty

    (262) 853-1213

    1 in this area

    33 Total Sales

    Jessica Klimas Reish
    Section Image
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Map

Source: Metro MLS

MLS Number: 1835706

Metro MLS

APN: 276-000007824000

Wisconsin Racine County Racine 53404 Prospect Heights

1949 Lawn St Unit 1951, Racine, WI

This home is located at 1949 Lawn St Unit 1951, Racine, WI 53404 since 09 March 2023 and is currently estimated at $156,733, approximately $76 per square foot. This property was built in 1931. 1949 Lawn St Unit 1951 is a home located in Racine County with nearby schools including Wadewitz Elementary School, Jerstad-Agerholm Middle School, and Horlick High School.

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