NOT LISTED FOR SALE

221 Melvin Ave Racine, WI 53402

Lakecrest Neighborhood

Estimated Value: $371,290 - $447,000

4 Beds
2 Baths
1,902 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 221 Melvin Ave, Racine, WI 53402 and is currently estimated at $397,323, approximately $208 per square foot. 221 Melvin Ave is a home located in Racine County with nearby schools including Jerstad-Agerholm Elementary School, Jerstad-Agerholm Middle School, and Horlick High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Peterson John Gustav and Peterson Lisha
Bought by
Peterson John Gustav and Peterson Lisha
Current Estimated Value
$397,323

Purchase Details

Closed on
Aug 6, 2015
Sold by
Malle Frederick F and Malle Kathy L
Bought by
Peterson John Gustav and Peterson Carl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Peterson John Gustav -- Landmark Title
Peterson John Gustav $215,000 Landmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson John Gustav $172,000
Source: Public Records

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 $8,415 $361,300 $29,500 $331,800
2023 $7,728 $318,000 $29,500 $288,500
2022 $7,095 $289,000 $29,500 $259,500
2021 $7,251 $263,000 $29,500 $233,500
2020 $7,164 $263,000 $29,500 $233,500
2019 $6,640 $246,000 $29,500 $216,500
2018 $6,561 $219,000 $29,500 $189,500
2017 $6,494 $219,000 $29,500 $189,500
2016 $6,334 $209,000 $29,500 $179,500
2015 $6,276 $204,000 $29,500 $174,500
2014 $6,276 $204,000 $29,500 $174,500
2013 $6,276 $212,000 $33,100 $178,900
Source: Public Records

Map

Wisconsin Racine County Racine 53402 Lakecrest

221 Melvin Ave, Racine, WI

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