NOT LISTED FOR SALE

2904 Olive St Racine, WI 53403

The Upper 25th Ward Neighborhood

Estimated Value: $182,000 - $222,519

2 Beds
2 Baths
1,515 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $60,000 $40 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,352/month

70 Days on Market

About This Home

As of December 2014

Well maintained, foreclosure! Original hardwood floors, crown molding, baseboards, and doors. Main floor has 2 bedrooms. Upper is an efficiency apartment. Fenced yard with a 1.5 car detached garage. Educators Credit Union Foreclosure. Educators offers special financing to well qualified owner occupants. Sold in an, ''as is'' condition.

Last Agent to Sell the Property

Laura Halbach

Halbach Properties License #52612-90 Listed on: 07/08/2014

Last Buyer's Agent

Debbie Griffiths

Realty ONE Group Boardwalk License #54257-94

Realty ONE Group Boardwalk

Property Details

Property Type

  • Other

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • 1,515 Sq Ft Home
  • Brick Exterior Construction
  • Composition Roof

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for heat, sewer, water, gas
  • Assessor Parcel Number 16594000

Property Details

Property Type

Other

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.1
  • Directions: West Blvd to Olive, east on Olive, north side of street.
  • Property Information:Est Total Sq Ft: 1515
  • Special Features: None

Interior Features

  • Owner Pays: Heat, Sewer, Water, Gas
  • Has Basement: Full, Block

Exterior Features

  • Construction Type: Aluminum Siding, Brick
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Parking Space, Paved Driveway, Driveway Entrance
  • Garage Type: Detached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Racine Unified

Lot Info

  • Lot Size Sq Ft: 4356
  • Parcel #: 16594000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3405.23
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Nov 20, 2014
Sold by
Educators Cu
Bought by
Gillis Kathlynn E
Seller's Agent
Laura Halbach
Halbach Properties
Buyer's Agent
Debbie Griffiths
Realty ONE Group Boardwalk
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$198,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,630
Avg. Annual Appreciation
11.57%
Original Mortgage
$66,400
Outstanding Balance
$51,786
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$146,844

Purchase Details

Closed on
Jun 21, 2014
Sold by
Hempel Rebecca A and Westemeier Rebecca A
Bought by
Educators Cu
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
Gillis Kathlynn E $60,000 Knight Barry Title
Educators Cu -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillis Kathlynn E $66,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $60,000 -7.7% $40 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $65,000 -- $43 / 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 $3,740 $159,400 $15,800 $143,600
2023 $3,482 $144,000 $15,800 $128,200
2022 $3,201 $131,000 $15,800 $115,200
2021 $3,248 $119,000 $15,800 $103,200
2020 $3,253 $119,000 $15,800 $103,200
2019 $2,952 $110,000 $15,800 $94,200
2018 $2,740 $93,000 $15,800 $77,200
2017 $2,791 $93,000 $15,800 $77,200
2016 $2,843 $93,000 $15,800 $77,200
2015 $3,405 $93,000 $15,800 $77,200
2014 $3,405 $93,000 $15,800 $77,200
2013 $3,405 $99,000 $19,700 $79,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Laura Halbach

    Halbach Properties

    (414) 315-4340

    26 Total Sales

    Laura Halbach
    Section Image
  • Debbie Griffiths

    Buyer's Agent in 2014

    Debbie Griffiths

    Realty ONE Group Boardwalk

    2 in this area

    53 Total Sales

    Debbie Griffiths
    Section Image
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Map

Source: Metro MLS

MLS Number: 1375514

Metro MLS

APN: 276-000016594000

Wisconsin Racine County Racine 53403 The Upper 25th Ward

2904 Olive St, Racine, WI

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