NOT LISTED FOR SALE

2222 Prospect St Racine, WI 53404

Prospect Heights Neighborhood

Estimated Value: $150,000 - $195,794

3 Beds
2 Baths
2,067 Sq Ft
$84/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $113,000 $55 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,193/month

Highlights

  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Wood Siding

About This Home

As of July 2021

2/2bd duplex entered for comps only. Lower unit is just slightly dated but has a long term tenant, hence the lower than market rent amount. Upper shows well and the upper tenant has use of the garage but takes care of the lawn and snow in exchange. This is a solid property that offers separate gas and electric, updated windows and a newer roof.

Last Agent to Sell the Property

Jerry Gulley

Image Real Estate, Inc. License #49416-90 Listed on: 07/13/2021

Last Buyer's Agent

Alanna Spanjers

Image Real Estate, Inc. License #85566-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,803

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Bathroom on Main Level
  • 2,067 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,803

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 stoves and fridges
  • Directions: State to Prospect St, west to home
  • New Construction: No
  • Year Built: 1900
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2222 Prospect St
  • Lot Acreage: 0.18
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full
  • Bathroom Description: Half on Lower
  • Second Floor Total Sq Ft: 2067.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • Junior High Dist: Racine

Lot Info

  • Zoning: R3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 2803.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Chowdhury Tufal and Chowdhury Tahmina
Bought by
Chowdhury Tufal and Chowdhury Tahmina
Current Estimated Value
$172,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Outstanding Balance
$73,826
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$98,873

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jun 28, 2021
Sold by
Image Real Estate And Investments Llc
Bought by
Chowdhury Tufal
Seller's Agent
Jerry Gulley
Image Real Estate, Inc.
Buyer's Agent
Alanna Spanjers
Image Real Estate, Inc.
List Price
$113,000
Sold Price
$113,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jun 23, 2021
Sold by
Bertelsen Warren Lee and Estate Of Warren Lee Bertelsen
Bought by
Image Real Estate And Investments Llc
Seller's Agent
Jerry Gulley
Image Real Estate, Inc.
Buyer's Agent
Alanna Spanjers
Image Real Estate, Inc.
List Price
$113,000
Sold Price
$113,000

Purchase Details

Closed on
Jul 23, 2018
Sold by
Bertelsen Warren
Bought by
Image Estate And Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6%
Mortgage Type
Land Contract Argmt. Of Sale
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
Chowdhury Tufal -- Madison Settlement Svcs Llc
Chowdhury Tufal $113,000 None Available
Image Real Estate And Investments Llc -- None Listed On Document
Image Estate And Investments Llc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chowdhury Tufal $80,500
Previous Owner Image Estate And Investments Llc $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $113,000 0.0% $55 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $113,000 -- $55 / 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 $3,425 $136,600 $19,600 $117,000
2023 $3,285 $125,000 $19,600 $105,400
2022 $2,993 $114,000 $19,600 $94,400
2021 $3,171 $104,000 $19,600 $84,400
2020 $3,004 $104,000 $19,600 $84,400
2019 $2,753 $96,000 $19,600 $76,400
2018 $2,647 $86,000 $19,600 $66,400
2017 $2,703 $86,000 $19,600 $66,400
2016 $2,757 $86,000 $19,600 $66,400
2015 $2,640 $86,000 $19,600 $66,400
2014 $2,640 $86,000 $19,600 $66,400
2013 $2,640 $86,000 $24,300 $61,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jerry Gulley

    Image Real Estate, Inc.

    (262) 898-1180

    5 in this area

    128 Total Sales

    Jerry Gulley
    Section Image

  • A

    Buyer's Agent in 2021

    Alanna Spanjers

    Image Real Estate, Inc.

    (262) 945-5186

    1 in this area

    37 Total Sales

    Alanna Spanjers
    Section Image
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Map

Source: Metro MLS

MLS Number: 1752088

Metro MLS

APN: 276-000007573000

Wisconsin Racine County Racine 53404 Prospect Heights

2222 Prospect St, Racine, WI

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