NOT LISTED FOR SALE

2055 Douglas Ave Racine, WI 53402

The 13th Ward Neighborhood

Estimated Value: $142,000 - $164,000

Studio
-- Bath
1,672 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $155,000 $93 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,215/month

16 Days on Market

About This Home

As of May 2024

Spacious and affordable 2 family on Racine's north side. Close to many conveniences. 3 car garage! 3rd bay has extra high garage door. Both units have long term tenants and on leases. Separate utilities, newer HWHs. New circuit breaker electric service. Furnaces were new in 2011 and serviced regularly. New roof in 2019 and new siding on upper part of building in 2020. Upper has new bath and kitchen flooring. Both units have large open living spaces, kitchens and large main bedrooms. Great for owner occupant (after lease expiration) or investors. Bring your investors soon!

Last Agent to Sell the Property

Lynn Tower

RE/MAX Newport Brokerage Email: office@newportelite.com License #44843-94 Listed on: 03/26/2024

RE/MAX Newport

Last Buyer's Agent

Leigh-Ayne Thomas

Mahler Sotheby's International Realty License #92021-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,761

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property

Basement

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

Schools

  • Roosevelt Elementary School
  • Jerstad-Agerholm Middle School
  • Horlick High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants and sellers personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,761

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 ovens, 2 refrigerators
  • Directions: Douglas Ave. just south of Goold St.
  • New Construction: No
  • Year Built: 1920
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2055 Douglas AVENUE
  • Lot Acreage: 0.15
  • 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: 1672.00

Exterior Features

  • Exclusions: Tenants and sellers personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Aluminum Trim, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 3 Car
  • Garage Spaces: 3.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Elementary School: Roosevelt
  • High School: Horlick
  • Junior High Dist: Racine

Lot Info

  • Zoning: B2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 2761.0

MLS Schools

  • Middle School: Jerstad-Agerholm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
May 20, 2024
Sold by
Cienkus Michael H and Cienkus Suzanne E.
Bought by
Syme Wen Ying Elizabeth
Seller's Agent
Lynn Tower
RE/MAX Newport
Buyer's Agent
Leigh-Ayne Thomas
Mahler Sotheby's International Realty
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%
Views
74
Current Estimated Value
$171,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,584
Avg. Annual Appreciation
-0.48%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Redbrick Property Management Llc
Bought by
Cienkus Michael H and Cienkus Suzanne E

Purchase Details

Closed on
Nov 22, 2011
Sold by
Redbrick Property Management Llc
Bought by
City Of Racine

Purchase Details

Closed on
Jul 21, 2006
Sold by
The W Ronaldandmaryc Carlsrevocabletrust
Bought by
2055 Douglas Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2006
Sold by
Carls W Rondald and Carls Mary C
Bought by
Ronald W and Carls Mary C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Syme Wen Ying Elizabeth $155,000 Accurate Title And Closings, L
Cienkus Michael H $45,000 None Available
City Of Racine $200 None Available
2055 Douglas Avenue Llc $106,600 --
Ronald W $79,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2055 Douglas Avenue Llc $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2024 05/20/24 Sold $155,000 -6.0% $93 / Sq Ft
04/03/2024 04/03/24 Price Changed $164,900 -2.4% $99 / Sq Ft
03/26/2024 03/26/24 For Sale $169,000 -- $101 / 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 $3,819 $126,600 $16,700 $109,900
2023 $3,011 $114,000 $16,700 $97,300
2022 $2,742 $104,000 $16,700 $87,300
2021 $2,817 $95,000 $16,700 $78,300
2020 $2,756 $95,000 $16,700 $78,300
2019 $2,533 $88,000 $16,700 $71,300
2018 $2,531 $0 $0 $0
2017 $2,496 $79,000 $16,700 $62,300
2016 $2,424 $75,000 $16,700 $58,300
2015 $2,494 $75,000 $16,700 $58,300
2014 $2,494 $75,000 $16,700 $58,300
2013 $2,494 $81,000 $19,400 $61,600
Source: Public Records

Agents Affiliated with this Home

  • Lynn Tower

    Seller's Agent in 2024

    Lynn Tower

    RE/MAX

    (262) 308-2055

    3 in this area

    88 Total Sales

    Lynn Tower
    Section Image

  • L

    Buyer's Agent in 2024

    Leigh-Ayne Thomas

    Mahler Sotheby's International Realty

    (414) 364-7199

    1 in this area

    56 Total Sales

    Leigh-Ayne Thomas
    Section Image
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Map

Source: Metro MLS

MLS Number: 1869032

Metro MLS

APN: 276-000017930000

Wisconsin Racine County Racine 53402 The 13th Ward

2055 Douglas Ave, Racine, WI

Not Listed for Sale

MultiFamily

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