NOT LISTED FOR SALE

1950 Prospect St Racine, WI 53404

Prospect Heights Neighborhood

Estimated Value: $182,000 - $209,000

-- Bed
-- Bath
2,421 Sq Ft
$80/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $47,500 $20 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $1,305/month

13 Days on Market

About This Home

As of November 2020

Great investment opportunity! Large units, very good rent potential. East unit needs significant rehab. West unit mostly cosmetic upgrades needed. One Party Listing

Last Agent to Sell the Property

Benjamin Gentile

EXP Realty,LLC Kenosha License #55437-90 Listed on: 10/27/2020

Last Buyer's Agent

Brian Gill

Coldwell Banker Realty License #56368-90

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Rubber Roof
  • Asbestos

Interior Spaces

  • 2,421 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: West off Northwestern Ave.
  • New Construction: No
  • Year Built: 1910
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1950 Prospect STREET
  • Lot Acreage: 0.14
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2421.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Asbestos/Asphalt

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

  • Junior High Dist: Racine

Lot Info

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

Tax Info

  • Tax Year: 2019
  • Total Taxes: 2725.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Hph Homes Llc
Bought by
Cgp Capital Llc
Current Estimated Value
$194,288

Purchase Details

Listed on
Oct 27, 2020
Closed on
Nov 9, 2020
Sold by
Radius Acquisitions Llc
Bought by
Hph Homes Llc
Seller's Agent
Benjamin Gentile
EXP Realty,LLC Kenosha
Buyer's Agent
Brian Gill
Coldwell Banker Realty
List Price
$47,500
Sold Price
$47,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.77%

Purchase Details

Closed on
Jul 31, 2006
Sold by
Wachowiak Kevin and Wachowiak Kim M
Bought by
Horner Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
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
Cgp Capital Llc $175,000 Bell Title
Hph Homes Llc $47,500 Entrust Title Group
Radius Acquisitions Llc $80,000 Entrust Title Group
Horner Barry $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horner Barry $22,500
Previous Owner Horner Barry $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $47,500 0.0% $20 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $47,500 -- $20 / 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 $3,401 $135,600 $18,800 $116,800
2023 $3,260 $124,000 $18,800 $105,200
2022 $3,614 $113,000 $18,800 $94,200
2021 $3,360 $103,000 $18,800 $84,200
2020 $2,976 $103,000 $18,800 $84,200
2019 $2,726 $95,000 $18,800 $76,200
2018 $2,900 $85,000 $18,800 $66,200
2017 $2,674 $85,000 $18,800 $66,200
2016 $2,666 $83,000 $18,800 $64,200
2015 $3,956 $83,000 $18,800 $64,200
2014 $3,956 $83,000 $18,800 $64,200
2013 $3,956 $83,000 $23,400 $59,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Benjamin Gentile

    EXP Realty,LLC Kenosha

  • B

    Buyer's Agent in 2020

    Brian Gill

    Coldwell Banker Realty

    (262) 488-2473

    8 in this area

    208 Total Sales

    Brian Gill
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Map

Source: Metro MLS

MLS Number: 1718171

Metro MLS

APN: 276-000007542001

Wisconsin Racine County Racine 53404 Prospect Heights

1950 Prospect St, Racine, WI

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