NOT LISTED FOR SALE

Estimated Value: $217,000 - $236,464

4 Beds
2 Baths
2,079 Sq Ft
$110/Sq Ft Est. Value

Sale Details

Date Sold: January 8, 2021

Last sale price $158,000 $76 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,625 / mo

3 Days on Market

About This Home

As of January 2021

Beautifully maintained two-family in desirable southside location on a quiet street near Lathrop and Durand Avenues. Area includes a host of grocery stores, bars, restaurants, shopping centers and public transportation. Great for investment or owner occupancy. 2 bedrooms in each unit. All appliances included. Newer energy efficient windows, newer siding, newer roof, new upper kitchen plumbing & recent furnace tune-up. Well insulated property. Very nice 2 car garage with driveway. Tenants each pay $820 per month and are on MTM leases for a total of $1,640 in rent monthly. Separate utilities. Shared basement with laundry facilities, and an extra hook-up for laundry. Also a stackable washer/dryer on first floor in the back hallway. HOME WARRANTY INCLUDED! This one is a must see!

Last Agent to Sell the Property

Anthony Veranth

Mahler Sotheby's International Realty Brokerage Email: office@newportelite.com License #50887-94 Listed on: 11/19/2020

Last Buyer's Agent

Daniel Gobis

RE/MAX Newport License #28102-90

RE/MAX Newport

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,469

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 2,079 Sq Ft Home
  • Composition Roof
  • Vinyl Siding

Basement

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

Schools

  • Mitchell Elementary And Middle School
  • Park High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and tenant's personal property.
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 16541000

Property Details

Property Type

Other

Est. Annual Taxes

$3,469

Lot Details

4,356 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.1
  • Inclusions: Stackable washer and dryer in back hallway, washer and dryer in basement, two oven/ranges, two refrigerators and dishwasher in lower unit.
  • Directions: West Blvd to Olive St, East to property.
  • Attribution Contact: office@newportelite.com
  • Property Information:Est Total Sq Ft: 2079
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Full, Block
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exclusions: Seller and tenant's personal property.
  • Construction Type: Vinyl, Partial-Wood
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Parking Features: Paved Driveway, Driveway Entrance, Garage Door Opener
  • Garage Type: Detached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Elementary School: Mitchell
  • Junior High Dist: Racine Unified
  • High School: Park
  • Middle Or Junior School: Mitchell

Lot Info

  • Lot Size Sq Ft: 4356
  • Parcel #: 16541000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3469.19
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jan 5, 2021
Sold by
Mcleod Kyle and Mcleod Keith
Bought by
Luedtke Craig A
Seller's Agent
Anthony Veranth
Mahler Sotheby's International Realty
Buyer's Agent
Daniel Gobis
RE/MAX Newport
List Price
$158,000
Sold Price
$158,000
Current Estimated Value
$228,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,366
Avg. Annual Appreciation
7.31%
Original Mortgage
$118,500
Outstanding Balance
$104,279
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$124,087

Purchase Details

Closed on
Jan 12, 2016
Sold by
Zierk Wayne C
Bought by
Mcleod Kyle and Mcleod Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,844
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2012
Sold by
Zierk Wayne C and Zierk Kellie A
Bought by
Zierk Wayne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2010
Sold by
Berggren Kenneth E
Bought by
Zierk Wayne C and Zierk Kellie A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Luedtke Craig A $158,000 Knight Barry Title Inc
Mcleod Kyle $119,000 Knight Barry Title Inc Racin
Zierk Wayne C -- None Available
Zierk Wayne C $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luedtke Craig A $118,500
Previous Owner Mcleod Kyle $116,844
Previous Owner Zierk Wayne C $78,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $158,000 0.0% $76 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $158,000 -- $76 / Sq Ft
Source: Metro MLS

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
2025 $4,869 $196,700 $15,800 $180,900
2024 $4,385 $177,300 $15,800 $161,500
2023 $4,155 $160,000 $15,800 $144,200
2022 $3,770 $145,000 $15,800 $129,200
2021 $3,862 $132,000 $15,800 $116,200
2020 $3,777 $132,000 $15,800 $116,200
2019 $3,469 $122,000 $15,800 $106,200
2018 $3,231 $104,000 $15,800 $88,200
2017 $3,236 $104,000 $15,800 $88,200
2016 $3,060 $96,000 $15,800 $80,200
2015 $2,997 $96,000 $15,800 $80,200
2014 $2,997 $96,000 $15,800 $80,200
2013 $2,997 $102,000 $19,700 $82,300
Source: Public Records

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Map

Source: Metro MLS

MLS Number: 1719162

Metro MLS

APN: 276-000016541000

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