NOT LISTED FOR SALE

3005 Rapids Dr Racine, WI 53404

Wustum Park Neighborhood

Estimated Value: $176,040

Studio
-- Bath
1,220 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $122,500 $100 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,298/month

210 Days on Market

Highlights

  • Storage
  • Handicap Accessible
  • Central Air

About This Home

As of May 2021

Wonderful opportunity to begin or move your business to a fantastic location. Welcoming reception area and open work space that is currently being used as a studio. Half of the roof was replaced a year ago. The building has nice storage for supplies and the parking lot offers plenty of parking space and a fenced yard.

Last Agent to Sell the Property

Michelle Volkmar

RE/MAX Advantage Realty Brokerage Email: office@maxelite.com License #63976-94 Listed on: 08/28/2020

RE/MAX Advantage Realty

Last Buyer's Agent

Dontae Kelly

Keller Williams Thrive-Kenosha License #82273-94

Property Details

Property Type

  • Other

Lot Details

  • 8,276

Parking

  • 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,220 Sq Ft Home
  • Storage

Basement

  • Partial Basement
  • Block Basement Construction

Utilities

  • Central Air
  • 220 Volts

Additional Features

  • Handicap Accessible
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 21195017

Property Details

Property Type

Other

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.19
  • Road Frontage Type: Town/City Road, High Visibility, Paved Road, Paved Lot, Near Public Transit
  • Directions: Northwestern Ave. to Rapids Dr. East to property.
  • Attribution Contact: office@maxelite.com
  • Property Information:Est Total Sq Ft: 1220
  • Special Features: None

Interior Features

  • Has Basement: Partial, Block
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick, Partial-Vinyl
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 12

Utilities

  • Green Building Features: Rest Rooms, 220 Volt Power, Inside Storage, Outside Storage, Handicap Equipped
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 21195017

Tax Info

  • Tax Annual Amount: 4064
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Apr 30, 2021
Sold by
Miller Paul J and Miller Rita M
Bought by
Renewed Properties Llc
Seller's Agent
Michelle Volkmar
RE/MAX Advantage Realty
Buyer's Agent
Dontae Kelly
Keller Williams Thrive-Kenosha
List Price
$122,500
Sold Price
$122,500
Current Estimated Value
$176,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,540
Avg. Annual Appreciation
7.78%
Original Mortgage
$36,650
Outstanding Balance
$33,214
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$142,826

Purchase Details

Closed on
Jul 31, 2013
Sold by
Miller Paul J and Miller Rita M
Bought by
Alcala Alberto
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
Renewed Properties Llc $122,500 Chicago Title
Alcala Alberto $138,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renewed Properties Llc $36,650
Open Renewed Properties Llc $91,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $122,500 0.0% $100 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
08/28/2020 08/28/20 For Sale $122,500 -- $100 / 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
2024 $4,698 $181,000 $27,900 $153,100
2023 $4,906 $181,000 $27,900 $153,100
2022 $4,805 $181,000 $27,900 $153,100
2021 $4,730 $158,000 $27,900 $130,100
2020 $4,631 $158,000 $27,900 $130,100
2019 $4,389 $150,000 $27,900 $122,100
2018 $4,384 $137,000 $27,900 $109,100
2017 $4,708 $137,000 $27,900 $109,100
2016 $4,365 $130,000 $27,900 $102,100
2015 $4,078 $130,000 $27,900 $102,100
2014 $4,078 $130,000 $27,900 $102,100
2013 $4,078 $125,000 $31,400 $93,600
Source: Public Records

Agents Affiliated with this Home

  • Michelle Volkmar

    Seller's Agent in 2021

    Michelle Volkmar

    RE/MAX

    (262) 455-1810

    1 in this area

    134 Total Sales

    Michelle Volkmar
    Section Image
  • Dontae Kelly

    Buyer's Agent in 2021

    Dontae Kelly

    Keller Williams Thrive-Kenosha

    (262) 880-3485

    1 in this area

    88 Total Sales

    Dontae Kelly
    Section Image
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Map

Source: Metro MLS

MLS Number: 1706976

Metro MLS

APN: 276-000021195017

Wisconsin Racine County Racine 53404 Wustum Park

3005 Rapids Dr, Racine, WI

Not Listed for Sale

Other

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