NOT LISTED FOR SALE

2048 Thurston Ave Racine, WI 53403

The Upper 25th Ward Neighborhood

Estimated Value: $180,000 - $216,000

3 Beds
2 Baths
1,772 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $180,000 $102 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,368/month

16 Days on Market

About This Home

As of January 2024

Rare 3 car garage for a city duplex. Two bedrooms down and one up. Both units have dining rooms. Natural woodwork, wood floors and bungalow character. Last renovated in 2018. Tear-off roof is 10 years old. Furnace 3 years old. Fenced yard. Separate utilities. Great opportunity to owner occupy and get mortgage assistance from your tenant.

Last Agent to Sell the Property

Susan Anderson

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #64569-94 Listed on: 10/09/2023

Shorewest Realtors, Inc.

Last Buyer's Agent

Susan Anderson

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #64569-94 Listed on: 10/09/2023

Shorewest Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,772 Sq Ft Home
  • 1.5-Story Property

Basement

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,446

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Multi-Family
  • Directions: 21st St., between Taylor Ave. and West Blvd., turn north on Thurston Ave. to property on the west side of street at 2048 Thurston Avenue.
  • New Construction: No
  • Year Built: 1929
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 2048 Thurston AVENUE
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1772.00

Exterior Features

  • Exterior Building Type: 1.5 Story
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 3 Car
  • Garage Spaces: 3.0

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: 2446.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Jan 16, 2024
Sold by
Kolstedt Properties Llc
Bought by
Value Added Property Management Llc
Seller's Agent
Susan Anderson
Shorewest Realtors, Inc.
Buyer's Agent
Susan Anderson
Shorewest Realtors, Inc.
List Price
$180,000
Sold Price
$180,000
Views
47
Current Estimated Value
$203,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,222
Avg. Annual Appreciation
6.60%
Original Mortgage
$135,000
Outstanding Balance
$133,281
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$67,496

Purchase Details

Closed on
Mar 4, 2019
Sold by
Kolstedt Katherine Ann
Bought by
Kolstedt Properties Llc

Purchase Details

Closed on
Oct 28, 2015
Sold by
Tri City National Bank
Bought by
Kolstedt Katherine Ann

Purchase Details

Closed on
Jul 20, 2015
Sold by
Bilotti Mario M and Billoti Sarah L
Bought by
Tri City National Bank

Purchase Details

Closed on
Sep 14, 2006
Sold by
Savaglio Randal F and Fam Trust Dated June 15 2005
Bought by
Bilotti Mario M and Bilotti Sarah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2005
Sold by
Savaglio Randalf
Bought by
The Savaglio Fam Trust
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
Value Added Property Management Llc $180,000 None Listed On Document
Kolstedt Properties Llc $82,500 None Available
Kolstedt Katherine Ann $40,000 None Available
Tri City National Bank $67,000 None Available
Bilotti Mario M $127,000 --
Bilotti Mario M $63,500 --
The Savaglio Fam Trust $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Value Added Property Management Llc $135,000
Previous Owner Bilotti Mario M $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $180,000 0.0% $102 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $180,000 0.0% $102 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $180,000 -- $102 / 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 $3,490 $132,300 $17,600 $114,700
2023 $2,885 $120,000 $17,600 $102,400
2022 $2,650 $109,000 $17,600 $91,400
2021 $2,683 $99,000 $17,600 $81,400
2020 $2,701 $99,000 $17,600 $81,400
2019 $2,456 $92,000 $17,600 $74,400
2018 $2,332 $82,000 $17,600 $64,400
2017 $2,466 $82,000 $17,600 $64,400
2016 $2,055 $67,000 $17,600 $49,400
2015 $3,481 $94,000 $17,600 $76,400
2014 $3,481 $94,000 $17,600 $76,400
2013 $3,481 $99,000 $22,200 $76,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Susan Anderson

    Shorewest Realtors, Inc.

    (262) 902-5334

    1 in this area

    27 Total Sales

    Susan Anderson
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Map

Source: Metro MLS

MLS Number: 1853471

Metro MLS

APN: 276-000014037000

Wisconsin Racine County Racine 53403 The Upper 25th Ward

2048 Thurston Ave, Racine, WI

This home is located at 2048 Thurston Ave, Racine, WI 53403 since 09 October 2023 and is currently estimated at $203,222, approximately $114 per square foot. This property was built in 1929. 2048 Thurston Ave is a home located in Racine County with nearby schools including Mitchell Elementary School, Mitchell Middle School, and Park High School.

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