$1,750,000
SOLD FEB 28, 2025

3100 86th St Sturtevant, WI 53177

-- Bed
-- Bath
-- Sq Ft
1 Acres

Recently Sold

8% Below List Price

15 Days on Market

About This Home

As of February 2025

16 FAMILY IN STURTEVANT. Great investment opportunity in the heart of a thriving community anchored by Foxconn and Microsoft. This package consist of two 8 family buildings adjacent to each other. The units are 2 bedroom and 1 bath with locked lobbies and full basements. The basements offer storage lockers and coin operated laundry. Off street parking is available with 19 spots plus a one car garage available for rent.Seller pays water and sewer. Each unit has its own gas furnace and electric water heater. The roof on the Buckingham Bldg is 3 years old. Roof on 86th St Bldg is new.

Last Agent to Sell the Property

Pat Bolger

Patrick Bolger Realty Group License #51423-90 Listed on: 01/23/2025

Last Buyer's Agent

Matthew Krawczyk

Modern Realty Partners LLC License #58051-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,767

Lot Details

  • 1 Acre Lot
  • 181032227222000

Home Design

  • Brick Exterior Construction

Basement

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

Schools

  • Case High School

Community Details

  • Operating Expense $68,298
  • Net Operating Income $113,742

Listing and Financial Details

  • Exclusions: Tenants personal property.
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 181032227221000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,767

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 1
  • Inclusions: 16 refrigerators, 16 oven/ranges, 16 gas furnaces, 16 electric hot water heaters, 2 coin operated washers and 2 coin operated dryers.
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Laundry Facilities, Block, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Tenants personal property.
  • Construction Type: Aluminum, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Racine Unified
  • High School: Case

Lot Info

  • Lot Size Sq Ft: 43560
  • Additional Parcels Description: 181032227222000
  • Parcel #: 181032227221000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Property Net Operating Income: 113742
  • Annual Operating Expense: 68298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Feb 27, 2025
Sold by
Trianon Properties 2 Llc
Bought by
Kjf Holdings Llc
Seller's Agent
Pat Bolger
Patrick Bolger Realty Group
Buyer's Agent
Matthew Krawczyk
Modern Realty Partners LLC
List Price
$1,895,000
Sold Price
$1,750,000
Premium/Discount to List
-$145,000
-7.65%
Views
21
Current Estimated Value
$1,554,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$195,564
Avg. Annual Appreciation
-31.77%
Original Mortgage
$1,814,532
Outstanding Balance
$1,811,572
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$257,136

Purchase Details

Closed on
Dec 21, 2001
Sold by
Ajl W Properties Llc
Bought by
8616 Buckingham Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,600
Interest Rate
3.99%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $1,750,000 Simple Title
Warranty Deed $950,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,814,532 New Conventional
Previous Owner $672,446 Future Advance Clause Open End Mortgage
Previous Owner $745,600 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,750,000 -2.5% --
02/05/2025 02/05/25 Price Changed $1,795,000 -5.3% --
01/22/2025 01/22/25 For Sale $1,895,000 -- --
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 $12,767 $661,200 $132,000 $529,200
2023 $12,656 $661,200 $132,000 $529,200
2022 $12,226 $661,200 $132,000 $529,200
2021 $9,449 $435,000 $70,000 $365,000
2020 $8,874 $435,000 $70,000 $365,000
2019 $8,438 $435,000 $70,000 $365,000
2018 $8,948 $435,000 $70,000 $365,000
2017 $8,552 $392,000 $56,300 $335,700
2016 $8,578 $392,000 $56,300 $335,700
2015 $9,087 $392,000 $56,300 $335,700
2014 $8,490 $392,000 $56,300 $335,700
2013 $8,996 $392,000 $56,300 $335,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1904760

Metro MLS

APN: 181-032227221000