NOT LISTED FOR SALE

3026 Olive St Racine, WI 53403

The Upper 25th Ward Neighborhood

Estimated Value: $175,000 - $193,000

2 Beds
1 Bath
988 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $109,000 $110 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,225/month

32 Days on Market

Highlights

  • Fenced Yard
  • Bathtub with Shower
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of March 2020

Become a home owner in 2020! This spacious & charming south side 2 bedroom is perfect for the first time home buyer or downsizer. Enclosed front porch with new front door. Step inside you will be welcomed by the spacious living & formal dining rooms, both with large windows, gleaming hardwood floors, plus large white woodwork & crown molding. Freshly painted kitchen has plenty of storage with stove & refrigerator included. Craft beer lovers will especially love this industrial look finished basement! The bar is quite unique, a true a conversation piece. Separate laundry room (washer & dryer included) plus a stubbed bathroom area that can be brought back by new owner. Outside you will find a surprisingly private for the city fenced yard with fire pit. 2 car garage. See it soon!

Last Agent to Sell the Property

Lynn Tower

RE/MAX Newport Brokerage Email: office@newportelite.com License #44843-94 Listed on: 01/02/2020

RE/MAX Newport

Last Buyer's Agent

Michelle Volkmar

RE/MAX ELITE License #63976-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced Yard
  • Property is zoned R3

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Stubbed For A Bathroom

Schools

  • Mitchell Elementary And Middle School
  • Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Sellers personal property. Neon bar lights.

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,454

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Oven, Refrigerator, Washer, Dryer, Window treatments. Strung lights in basement will stay.
  • Directions: South of 21st St. Corner of West Blvd. and Olive St.
  • New Construction: No
  • Year Built: 1924
  • Cleared Acreage: Less than 1/2
  • Architecture: Ranch
  • Full Street Address: 3026 Olive STREET
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Other Rm1 Name: Screened Porch
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Block, Full, Partially Finished
  • Interior Amenities: Wood or Sim.Wood Floors
  • Bathroom Description: Stubbed For Bathroom on Lower, Shower Over Tub
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 988.00

Exterior Features

  • Exclusions: Sellers personal property. Neon bar lights.
  • Exterior Features: Fenced Yard
  • Exterior Building Type: 1 Story
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 2 Car
  • Garage Spaces: 2.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Elementary School: Mitchell
  • High School: Park
  • Junior High Dist: Racine

Lot Info

  • Zoning: R3
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2019
  • Total Taxes: 2454.0

MLS Schools

  • Middle School: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Mar 10, 2020
Sold by
Tower Jacob and Tower Rhiannon
Bought by
Escobedo Martin
Seller's Agent
Lynn Tower
RE/MAX Newport
Buyer's Agent
Michelle Volkmar
RE/MAX ELITE
List Price
$109,000
Sold Price
$109,000
Current Estimated Value
$183,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,960
Avg. Annual Appreciation
9.76%
Original Mortgage
$87,200
Outstanding Balance
$77,228
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$106,732

Purchase Details

Closed on
Apr 20, 2015
Sold by
Paulson Philip A and Paulson Adriana
Bought by
Tower Jacob
Source: Public Records

Range of Values:

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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
Escobedo Martin $109,000 None Available
Tower Jacob $76,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobedo Martin $87,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $109,000 0.0% $110 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $109,000 -- $110 / 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 $3,097 $135,900 $15,800 $120,100
2023 $2,879 $123,000 $15,800 $107,200
2022 $2,661 $112,000 $15,800 $96,200
2021 $2,704 $102,000 $15,800 $86,200
2020 $2,721 $102,000 $15,800 $86,200
2019 $2,454 $94,000 $15,800 $78,200
2018 $2,302 $80,000 $15,800 $64,200
2017 $2,377 $80,000 $15,800 $64,200
2016 $2,331 $77,000 $15,800 $61,200
2015 $2,417 $77,000 $15,800 $61,200
2014 $2,417 $77,000 $15,800 $61,200
2013 $2,417 $83,000 $19,700 $63,300
Source: Public Records

Agents Affiliated with this Home

  • Lynn Tower

    Seller's Agent in 2020

    Lynn Tower

    RE/MAX

    (262) 308-2055

    2 in this area

    83 Total Sales

    Lynn Tower
    Section Image

  • M

    Buyer's Agent in 2020

    Michelle Volkmar

    RE/MAX

See All Agents

Map

Source: Metro MLS

MLS Number: 1671596

Metro MLS

APN: 276-000016581000

Wisconsin Racine County Racine 53403 The Upper 25th Ward

3026 Olive St, Racine, WI

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