NOT LISTED FOR SALE

2001 Mead St Racine, WI 53403

School Section-Towerview Neighborhood

Estimated Value: $99,846

-- Bed
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold November 10, 2021

Last sale price $78,000

Est. 28% increase in value since last sale

Current estimated payment $656/month

48 Days on Market

About This Home

As of November 2021

Amazing opportunity - mixed commercial/retail & residential building. Main building consists of a storefront commercial/retail with bathroom & separate storage rooms. Main building upper is a 3 bedroom, 1 bathroom apartment. Attached in the rear of the building is a 2 bedroom, 1 bathroom apartment. as well. Property needs work - bring your ideas! - Also listed as commercial MLS # 1758906

Last Agent to Sell the Property

Bobbi Burlo

Midwest Homes License #75330-94 Listed on: 08/31/2021

Last Buyer's Agent

Mary Cotter

Premier Point Realty LLC License #87695-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,663

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1927
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 2001 Mead STREET
  • Type 5 Heat Fuel: Natural Gas
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full

Exterior Features

  • Exterior: Brick/Stone, Brick

Garage/Parking

  • 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
  • Junior High Dist: Racine

Lot Info

  • Zoning: B1
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3418.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Nov 10, 2021
Sold by
Homestead Road Wi Llc
Bought by
Mma Development Llc
Seller's Agent
Bobbi Burlo
Midwest Homes
Buyer's Agent
Mary Cotter
Premier Point Realty LLC
List Price
$78,000
Sold Price
$78,000
Current Estimated Value
$99,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,846
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Aug 4, 2021
Sold by
Almond Jimmy J and Almond Juanita
Bought by
Homestead Road Wi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,420
Interest Rate
2.9%
Mortgage Type
Construction
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
Mma Development Llc $78,000 Merit Title Llc
Homestead Road Wi Llc $80,000 Merit Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Homestead Road Wi Llc $110,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $78,000 0.0% --
10/18/2021 10/18/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $78,000 -- --
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 $3,325 $102,000 $12,800 $89,200
2023 $3,104 $102,000 $12,800 $89,200
2022 $2,701 $97,000 $12,800 $84,200
2021 $3,007 $97,000 $12,800 $84,200
2020 $3,419 $97,000 $12,800 $84,200
2019 $3,077 $91,000 $12,800 $78,200
2018 $3,037 $82,000 $12,800 $69,200
2017 $3,176 $82,000 $12,800 $69,200
2016 $3,086 $82,000 $12,800 $69,200
2015 $2,528 $82,000 $12,800 $69,200
2014 $2,528 $82,000 $12,800 $69,200
2013 $2,528 $82,000 $14,900 $67,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bobbi Burlo

    Midwest Homes

  • M

    Buyer's Agent in 2021

    Mary Cotter

    Premier Point Realty LLC

    (262) 412-6331

    3 in this area

    39 Total Sales

    Mary Cotter
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Map

Source: Metro MLS

MLS Number: 1760889

Metro MLS

APN: 276-000017015000

Wisconsin Racine County Racine 53403 School Section-Towerview

2001 Mead St, Racine, WI

This home is located at 2001 Mead St, Racine, WI 53403 since 31 August 2021 and is currently estimated at $99,846. This property was built in 1927. 2001 Mead St is a home located in Racine County with nearby schools including Jones Elementary School, Johnson Elementary School, and Mitchell Middle School.

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