NOT LISTED FOR SALE

3011 Olive St Racine, WI 53403

The Upper 25th Ward Neighborhood

Estimated Value: $187,000 - $227,201

-- Bed
-- Bath
1,632 Sq Ft
$127/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $140,000 $86 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,437/month

6 Days on Market

About This Home

As of April 2021

Exceptionally nice, clean and well maintained two-family on Racine's near southside. Upper unit with one bedroom plus a bonus room (listed as 2nd bedroom) has been freshly painted and has new carpet. Beautiful vintage tile bathroom and new fixtures. Lower unit has 2 BD and natural woodwork. Separate furnaces, water meters and water heaters. New furnaces in 2019 and newer roof. Great opportunity for owners to live here and rent one unit to help pay their mortgage. Take advantage of LOW mortgage interest rates! If you are an Investor this home could make great cash flow and is ready to rent the upper unit. This 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: 03/18/2021

Last Buyer's Agent

The Bollmeier-Corr Group*

Keller Williams North Shore West

Property Details

Property Type

  • Other

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • 1,632 Sq Ft Home
  • Composition Roof

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 or tenant's personal property
  • Tenant pays for electricity, heat, sewer, water, gas
  • Assessor Parcel Number 16543000

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 St., East to property
  • Attribution Contact: office@newportelite.com
  • Property Information:Est Total Sq Ft: 1632
  • Special Features: None

Interior Features

  • Owner Pays: None
  • Has Basement: Full, Block
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exclusions: Seller or tenant's personal property
  • Construction Type: Partial-Aluminum, Aluminum Trim, Other
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Paved Driveway
  • 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 #: 16543000

Rental Info

  • Tenant Pays: Electricity, Heat, Sewer, Water, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3500.9
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 26, 2021
Sold by
F C Randal Property Management Llc
Bought by
Corr Daniel R
Seller's Agent
Anthony Veranth
Mahler Sotheby's International Realty
Buyer's Agent
The Bollmeier-Corr Group*
Keller Williams North Shore West
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$207,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,300
Avg. Annual Appreciation
9.11%
Original Mortgage
$105,000
Outstanding Balance
$94,954
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$112,346
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
Corr Daniel R $140,000 Knight Barry Title Racine
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corr Daniel R $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2021 04/26/21 Sold $140,000 0.0% $86 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $140,000 -- $86 / 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 $4,223 $162,700 $15,800 $146,900
2023 $4,773 $147,000 $15,800 $131,200
2022 $4,359 $134,000 $15,800 $118,200
2021 $3,751 $122,000 $15,800 $106,200
2020 $3,501 $122,000 $15,800 $106,200
2019 $3,221 $113,000 $15,800 $97,200
2018 $2,998 $96,000 $15,800 $80,200
2017 $2,999 $96,000 $15,800 $80,200
2016 $3,060 $96,000 $15,800 $80,200
2015 $3,106 $96,000 $15,800 $80,200
2014 $3,106 $96,000 $15,800 $80,200
2013 $3,106 $102,000 $19,700 $82,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anthony Veranth

    Mahler Sotheby's International Realty

  • T

    Buyer's Agent in 2021

    The Bollmeier-Corr Group*

    Keller Williams North Shore West

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Map

Source: Metro MLS

MLS Number: 1731056

Metro MLS

APN: 276-000016543000

Wisconsin Racine County Racine 53403 The Upper 25th Ward

3011 Olive St, Racine, WI

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